LONDON, Oct. 22, 2015 /PRNewswire/ — About heavy duty motor oil
HDMO refers to motor oils for diesel engines used in highway vehicles and in mining and agricultural equipment. HDMO reduces friction and wear and tear of the moving engine’s crankshaft, connecting rods, bearings, and pistons. It also serves as an effective coolant while inhibiting the formation of deposits and preventing rust and corrosion.
The market figures in the report includes different viscosity grade variants, namely mono-grade and multi-grade. The report also gives an overview of different function class and chemical class of HDMO additives such as dispersants, antioxidants, and detergents.
Technavio’s analysts forecast the global heavy duty motor oil market to grow at a CAGR of 1.98% over the period 2014-2019.
Covered in this report
Technavio’s report, Global Heavy Duty Motor Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion of the market, an extensive coverage on different types of engine oil standards and specifications, application areas, chemical class, viscosity grades, and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.
The report presents data on the following segments of the market:
– Engine type: power output, engine speed, functional type, and application
– Engine oil standards and specifications: SAE, ILSAC, API, ACEA, LMOA, and others
– Function class and chemical class: dispersants, VII, detergents, anti-wear, antioxidants, and others
– Viscosity grade: mono-grade engine oils and multi-grade engine oils
– Geography: APAC, EMEA, North America, and ROW
Key vendors
– Afton
– BASF
– Chevron Oronite
– Dow
– Lonza
– Lubrizol
Other prominent vendors
– Chemtura
– Croda
– Evonik
– Huntsman
– King Industries
– Multisol
– Total
Market drivers
– Development of new emission control technologies
– For a full, detailed list, view our report
Market challenges
– Increased adoption of hybrid electrical vehicles
– For a full, detailed list, view our report
Market trends
– Penetration of bio-diesel
– For a full, detailed list, view our report
Key questions answered in this report
– What will the market size be in 2019 and what will the growth rate be?
– What are the various engine oil specifications and standards in prevalence?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space and what is the nature of competition between them?
– What are the market opportunities and threats faced by the key vendors?
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