The demand for engine oils with lighter viscosity index has been rising. It is projected that the demand for lighter viscosity index will further rise in all the regions.The rise in the number of parc vehicles, increase in the average miles driven due to improved road infrastructure, and growing traffic congestion are leading to high consumption of engine oils, driving the global aftermarket for engine oil in passenger cars.Suppliers of engine oils are experimenting with adding different additivities in different composition and proportion to cater to the growing demand for fuel economy benefits, durability, and to reduce carbon emission.Synthetic engine oils are widely accepted as standard engine oil by OEMs due to their environmental benefits as well as technical benefits over conventional mineral engine oils. When suppliers start producing low-cost production techniques of synthetic engine oil, the synthetic engine oil market will replace the semi-synthetic and mineral engine oil market.The aftermarket is predominantly occupied by the full-size segment since the Americas constitute 60.34% of the total market with full-size vehicles (such as mini trucks and SUVs) and these vehicles consume more engine oil than other vehicles.The global aftermarket for engine oil in passenger cars in the full-size segment accounted for 40% of the total market in 2015, whereas the compact segment accounted for 26% and the mid-size segment accounted for 34% of the total market.

PART 01: Executive summary 5

Highlights 5

PART 02: Scope of the report 7

Market overview 7

Top-vendor offerings 9

PART 03: Market research methodology 10

Research methodology 10

Economic indicators 10

PART 04: Introduction 11

Key market highlights 11

PART 05: Market landscape 13

Market overview 13

Market size and forecast 13

Five forces analysis 16

PART 06: Market segmentation by engine capacity type

17

Global aftermarket for engine oil in passenger cars by

engine capacity 17

Global aftermarket for engine oil in compact-size vehicle

segment 19

Global aftermarket for engine oil in mid-size vehicle

segment 21

Global aftermarket for engine oil in full-size vehicle

segment 23

PART 07: Geographical segmentation 26

Global aftermarket for engine oils in passenger cars by

geography 26

Aftermarket for engine oil in passenger cars in

Americas 28

Aftermarket for engine oil in passenger cars in Europe 31

Aftermarket for engine oil in passenger cars in APAC 33

PART 08: Key leading countries 35

Key leading countries 35

PART 09: Market drivers 36

Increase in average miles driven 36

Rise in number of parc vehicles 36

Growing traffic congestion in cities 37

PART 10: Impact of drivers 39

PART 11: Market challenges 40

Increased focus on downsizing of engines 40

Rise in sales of plug-in hybrid vehicles and electric

vehicles 41

PART 12: Impact of drivers and challenges 43

PART 13: Market trends 44

Rise in road tourism in India and China 44

Growing use of synthetic oils in APAC 44

Increase in average vehicle miles driven 45

PART 14: Vendor landscape 46

Other prominent vendors 46

PART 15: Key vendor analysis 47

Shell 47

ExxonMobil 49

British Petroleum 51

PART 16: Appendix 53

List of abbreviations 53

PART 17: Explore Technavio 54