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市場調查報告書
商品編碼
1701684

全球汽車齒輪油市場：產業分析、規模、佔有率、成長、趨勢與預測（2025-2032 年）

Automotive Gear Oil Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032
出版日期: | 出版商: Persistence Market Research | 英文 238 Pages | 商品交期: 2-5個工作天內

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簡介目錄

預計 2025 年全球汽車齒輪油市場規模將達到 158 億美元，到 2032 年將達到 213 億美元，預測期內（2025-2032 年）的複合年成長率為 4.4%。

汽車齒輪油市場包括專為汽車變速箱、差速器和分動箱設計的潤滑劑，確保在高壓和高溫下平穩運行和保護。齒輪油在減少磨損、防止腐蝕和提高傳動系統部件的性能方面起著至關重要的作用。隨著汽車產量的增加和現代傳動系統變得越來越複雜，對高性能齒輪油的需求顯著增加。此外，電動和混合動力汽車的成長正在重塑潤滑油需求，推動製造商採用先進的合成配方和環保解決方案。

全球汽車齒輪油市場的成長主要得益於全球機動車輛數量的增加以及對車輛維護的日益重視，以確保長期性能和耐用性。商用車需求的激增，加上電子商務和物流業的蓬勃發展，導致高性能齒輪油的使用量增加。此外，齒輪油配方（如合成油和半合成油）的進步正在提高熱穩定性、延長換油間隔並降低車主的整體維護成本。政府注重減少排放氣體和提高燃油效率的法規也促使OEM和車隊營運商採用優質潤滑油，進一步加速市場擴張。

儘管成長軌跡看好，但汽車齒輪油市場仍面臨諸多挑戰。由於簡化的傳動系統結構通常需要更少或不需要傳統齒輪油，因此向電動車 (EV) 的轉變預計將在長期內減少需求。此外，原油價格的波動會影響礦物齒輪油的成本，導致價格波動。對廢舊潤滑劑處理的環境擔憂以及有關油配方的嚴格法律規範也給製造商帶來了重大障礙。此外，新興市場中假冒仿冒品齒輪油產品氾濫，這可能會損害品牌信譽並影響用戶信任。

面對這些挑戰，汽車齒輪油市場提供了無數的成長和創新機會。合成齒輪油以其卓越的潤滑性、耐高溫性和長壽命而聞名，其日益普及為產品差異化和優質化開闢了新的途徑。印度、巴西和東南亞國家等新興經濟體的汽車持有不斷增加，為售後市場銷售提供了有利的環境。此外，開發環保、生物分解性的齒輪油符合永續性目標，並在環境政策嚴格的市場中提供競爭優勢。與汽車OEM建立戰略合作夥伴關係以及對電動傳動系統潤滑油研發的投資被視為釋放未來成長潛力的關鍵。

本報告研究了全球汽車齒輪油市場，並提供了按產地、傳動類型、車輛類型、分銷管道、區域趨勢和公司概況分類的市場細分的詳細資訊。

目錄

第1章執行摘要

第2章 市場介紹

第3章 市場背景

  • 宏觀經濟因素
  • 全球汽車生產狀況
  • 全球汽車齒輪油市場：價值鏈
  • 預測變數
  • COVID-19影響評估
  • 需求和供應分析
  • 波特五力分析
  • 市場動態

第4章 2019-2032 年全球市場分析與展望

第5章 世界市場分析（依來源地）

  • 簡介/主要發現
  • 2019 年至 2024 年按產地分類的歷史市場規模（十億美元）和銷售量（千公升）分析
  • 2019 年至 2024 年按來源分類的當前和未來市場規模（十億美元）和產量（千升）分析與預測
    • 合成鹼
    • 礦物質基
  • 按產地分析市場吸引力

第6章 全球市場分析（依傳動類型）

  • 簡介/主要發現
  • 2019 年至 2024 年按傳動類型分類的歷史市場規模（十億美元）和銷售量（千公升）分析
  • 2019 年至 2024 年按傳動類型分類的當前和未來市場規模（十億美元）和銷售（千升）分析與預測
    • 自動變速箱
    • 手排變速箱
  • 按傳輸類型進行市場吸引力分析

第7章 全球市場分析（按車型）

  • 簡介/主要發現
  • 2019 年至 2024 年按車型分類的歷史市場規模（十億美元）和銷售量（千公升）分析
  • 2019 年至 2024 年按車型分類的當前和未來市場規模（十億美元）和銷售（千升）分析與預測
    • 搭乘用車
    • 輕型商用車（LCV）
    • 重型商用車（HCV）
    • 越野車
  • 按車型分析市場吸引力

第 8 章按通路分類的全球市場分析

  • 簡介/主要發現
  • 2019 年至 2024 年按分銷管道分類的歷史市場規模（十億美元）和銷售量（千升）分析
  • 2019 年至 2024 年按分銷管道分類的當前和未來市場規模（十億美元）和銷售（千升）分析與預測
    • OEM
    • 售後市場
  • 按分銷管道進行市場吸引力分析

第9章2019-2032年全球市場分析預測（按地區）

  • 介紹
  • 2019 年至 2024 年各地區歷史市場規模（十億美元）及銷售量（千公升）分析
  • 2019 年至 2024 年按地區分類的當前和未來市場規模（十億美元）和銷售（千升）分析與預測
    • 北美洲
    • 拉丁美洲
    • 歐洲
    • 東亞
    • 南亞和太平洋地區
    • 中東和非洲
  • 區域市場吸引力分析

第10章 2019-2032 年北美市場分析與展望

第 11 章。 2019-2032 年拉丁美洲市場分析與預測

第 12 章。 2019-2032 歐洲市場分析與展望

第13章 2019-2032年東亞市場分析展望

第 14 章。 2019-2032 年南亞太市場分析與展望

第 15 章。 2019-2032 年中東和非洲市場分析與展望

各國市場分析展望，2019-2032 年

  • 美國市場分析
  • 加拿大市場分析
  • 墨西哥市場分析
  • 巴西市場分析
  • 德國市場分析
  • 義大利市場分析
  • 法國市場分析
  • 英國市場分析
  • 西班牙市場分析
  • 比荷盧經濟聯盟市場分析
  • 俄羅斯市場分析
  • 中國市場分析
  • 日本市場分析
  • 韓國市場分析
  • 印度市場分析
  • 東協市場分析
  • 波灣合作理事會市場分析
  • 土耳其市場分析
  • 南非市場分析

第17章競爭格局

  • 主要參與企業—市場定位
  • 主要參與企業—市場規模
  • 競爭儀錶板
  • 競爭格局
    • Shell plc
    • Exxon Mobil Corporation
    • China National Petroleum Corporation
    • Hindustan Petroleum Corporation Limited
    • FUCHS LUBRICANTS CO.
    • BP PLC
    • TOTAL SA
    • ZF Friedrichshafen AG
    • Valvoline LLC
    • Chevron Corporation
    • Hengst SE and Co. KG
    • Ferdinand Bilstein GmbH Co. KG
    • Elofic Industries Limited
    • VIEROL AG

第 18 章使用的假設與縮寫

第19章調查方法

簡介目錄
Product Code: PMRREP2839

Persistence Market Research has recently released a comprehensive report on the global Automotive Gear Oil Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.

Key Insights:

  • Automotive Gear Oil Market Size (2025E): USD 15.8 Bn
  • Projected Market Value (2032F): USD 21.3 Bn
  • Global Market Growth Rate (CAGR 2025 to 2032): 4.4%

Automotive Gear Oil Market - Report Scope:

The automotive gear oil market comprises lubricants designed specifically for transmissions, differentials, and transfer cases in vehicles, ensuring smooth operation and protection under high pressure and temperature. Gear oil plays a critical role in reducing wear, preventing corrosion, and enhancing the performance of drivetrain components. With increasing vehicle production and the growing complexity of modern transmission systems, the demand for high-performance gear oils has risen significantly. Additionally, the expansion of electric and hybrid vehicles is reshaping lubricant requirements, pushing manufacturers toward advanced synthetic formulations and eco-friendly solutions.

Market Growth Drivers:

The growth of the global automotive gear oil market is primarily driven by the rising global vehicle parc and increased focus on vehicle maintenance to ensure long-term performance and durability. The surge in demand for commercial vehicles, coupled with the booming e-commerce and logistics sectors, has led to heightened usage of high-performance gear oils. Furthermore, ongoing advancements in gear oil formulations-such as synthetic and semi-synthetic variants-are providing enhanced thermal stability and longer drain intervals, reducing overall maintenance costs for vehicle owners. Government regulations emphasizing emission reduction and fuel efficiency are also pushing OEMs and fleet operators to adopt premium-grade lubricants, further accelerating market expansion.

Market Restraints:

Despite a promising growth trajectory, the automotive gear oil market encounters several challenges. The transition toward electric vehicles (EVs), which often require less or no traditional gear oil due to simpler drivetrain architectures, is expected to dampen demand in the long term. Additionally, fluctuations in crude oil prices impact the cost of mineral-based gear oils, leading to pricing instability. Environmental concerns surrounding the disposal of used lubricants and stringent regulatory frameworks on oil formulations also pose significant hurdles for manufacturers. Moreover, the availability of counterfeit or low-grade gear oil products in emerging markets may hinder brand credibility and affect user confidence.

Market Opportunities:

Amid these challenges, the automotive gear oil market presents numerous opportunities for growth and innovation. The increasing penetration of synthetic gear oils-known for superior lubrication, high temperature resilience, and extended service life-opens new avenues for product differentiation and premiumization. Growing vehicle ownership in emerging economies such as India, Brazil, and Southeast Asian nations offers a lucrative landscape for aftermarket sales. Additionally, the development of eco-friendly, biodegradable gear oils aligns with sustainability goals and presents a competitive edge in markets with stringent environmental policies. Strategic collaborations with automotive OEMs and investments in R&D for electric drivetrain-compatible lubricants will be key to unlocking future growth potential.

Key Questions Answered in the Report:

  • What are the primary factors driving the global automotive gear oil market's growth?
  • Which regions and market segments are experiencing the highest demand for automotive gear oils?
  • How is the shift toward electric mobility influencing gear oil formulations and applications?
  • Who are the key players in the automotive gear oil market, and what strategies are they adopting to stay competitive?
  • What are the emerging trends and future projections for the global automotive gear oil market?

Competitive Intelligence and Business Strategy:

Leading companies in the global automotive gear oil market, such as Exxon Mobil Corporation, TOTAL S.A., Shell PLC, and BP PLC, are actively investing in advanced lubricant technologies to enhance thermal stability and efficiency under extreme conditions. These players are focusing on synthetic and environmentally-friendly gear oil solutions to meet evolving customer expectations and regulatory standards. Strategic partnerships with vehicle manufacturers and expanding distribution channels through online and retail platforms are helping companies strengthen market presence. Moreover, regional players like Hindustan Petroleum Corporation Limited and Elofic Industries Limited are emphasizing cost-effective, high-performance products to tap into high-growth developing economies.

Companies Covered in This Report:

  • Exxon Mobil Corporation
  • TOTAL S.A.
  • Shell PLC
  • BP PLC
  • ZF Friedrichshafen AG
  • FUCHS Petrolub SE
  • China National Petroleum Corporation
  • Valvoline LLC
  • Chevron Corporation
  • Hindustan Petroleum Corporation Limited
  • Hengst SE and Co. KG
  • Ferdinand Bilstein GmbH Co. KG
  • Elofic Industries Limited
  • VIEROL AG

Key Segments Covered in Market Research

By Source Type:

  • Mineral Based Gear Oil
  • Synthetic Based Gear Oil

By Vehicle Type:

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Off-road vehicle

By Transmission Type:

  • Automatic Transmission
  • Manual Transmission

By Distribution Channel:

  • OEM
  • Aftermarket
  • Retail
  • Filling Stations
  • Online

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa (MEA)

Table of Contents

1. Executive Summary

  • 1.1. Key Findings
  • 1.2. Executive Summary: Market Outlook
  • 1.3. Demand Side Trends
  • 1.4. Supply Side Trends
  • 1.5. PMR Analysis

2. Market Introduction

  • 2.1. Market Coverage/Taxonomy
  • 2.2. Market Definition/Scope/Limitations
  • 2.3. Key Success Factors
  • 2.4. Promotional Strategies

3. Market Background

  • 3.1. Macro-Economic Factors
    • 3.1.1. Global Economic Outlook
    • 3.1.2. Global GDP Per Capita
    • 3.1.3. Global GDP Growth
    • 3.1.4. Global Compact Passenger Vehicles On Road Comparison, 2025
    • 3.1.5. Global Mid-Sized Passenger Vehicles On Road Comparison, 2025
    • 3.1.6. Global Luxury Passenger Vehicles On Road Comparison, 2025
    • 3.1.7. Global SUV Passenger Vehicles On Road Comparison, 2025
    • 3.1.8. Global Light Commercial Vehicles On Road Comparison, 2025
    • 3.1.9. Global Heavy Commercial Vehicles On Road Comparison, 2025
    • 3.1.10. Global Passenger Cars Sales
    • 3.1.11. Global Commercial Vehicle Sales
    • 3.1.12. Global Agricultural Vehicle Sales (Tractors)
  • 3.2. Global Automotive Production Scenario
  • 3.3. Global Automotive Gear Oil Market: Value Chain
  • 3.4. Forecast Factors
  • 3.5. Covid-19 Impact Assessment
  • 3.6. Supply and Demand Analysis
  • 3.7. Porter's Five Forces Analysis
  • 3.8. Market Dynamics
    • 3.8.1. Drivers
    • 3.8.2. Restraints
    • 3.8.3. Opportunities
    • 3.8.4. Trends

4. Global Market Analysis Outlook, 2019-2032

  • 4.1. Global Automotive Gear Oil Market Volume and Y-o-Y Growth Analysis
  • 4.2. Global Automotive Gear Oil Market: Pricing Analysis, 2025
  • 4.3. Global Automotive Gear Oil Market Value and Y-o-Y Growth Analysis

5. Global Market Analysis by Source

  • 5.1. Introduction / Key Findings
  • 5.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Analysis by Source, 2019-2024
  • 5.3. Current and Future Market Size (US$ Bn) and Volume (Kilo Liters) Analysis and Forecast by Source, 2025-2032
    • 5.3.1. Synthetic Based
    • 5.3.2. Mineral Based
  • 5.4. Market Attractiveness Analysis by Source

6. Global Market Analysis by Transmission Type

  • 6.1. Introduction / Key Findings
  • 6.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Analysis by Transmission Type, 2019-2024
  • 6.3. Current and Future Market Size (US$ Bn) and Volume (Kilo Liters) Analysis and Forecast by Transmission Type, 2025-2032
    • 6.3.1. Automatic Transmission
    • 6.3.2. Manual Transmission
  • 6.4. Market Attractiveness Analysis by Transmission Type

7. Global Market Analysis by Vehicle Type

  • 7.1. Introduction / Key Findings
  • 7.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Analysis by Vehicle Type, 2019-2024
  • 7.3. Current and Future Market Size (US$ Bn) and Volume (Kilo Liters) Analysis and Forecast by Vehicle Type, 2025-2032
    • 7.3.1. Passenger Cars
    • 7.3.2. Light Commercial Vehicles (LCV)
    • 7.3.3. Heavy Commercial Vehicles (HCV)
    • 7.3.4. Off Road Vehicles
  • 7.4. Market Attractiveness Analysis by Vehicle Type

8. Global Market Analysis by Distribution Channel

  • 8.1. Introduction / Key Findings
  • 8.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Analysis by Distribution Channel, 2019-2024
  • 8.3. Current and Future Market Size (US$ Bn) and Volume (Kilo Liters) Analysis and Forecast by Distribution Channel, 2025-2032
    • 8.3.1. OEM
    • 8.3.2. Aftermarket
      • 8.3.2.1. Retail
      • 8.3.2.2. Filling Station
      • 8.3.2.3. Online
  • 8.4. Market Attractiveness Analysis by Distribution Channel

9. Global Market Analysis Outlook, 2019-2032 , by Region

  • 9.1. Introduction
  • 9.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Analysis by Region, 2019-2024
  • 9.3. Current Market Size (US$ Bn) and Volume (Kilo Liters) Analysis and Forecast by Region, 2025-2032
    • 9.3.1. North America
    • 9.3.2. Latin America
    • 9.3.3. Europe
    • 9.3.4. East Asia
    • 9.3.5. South Asia and Pacific
    • 9.3.6. Middle East and Africa
  • 9.4. Market Attractiveness Analysis by Region

10. North America Market Analysis Outlook, 2019-2032

  • 10.1. Introduction
  • 10.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Trend Analysis by Market Taxonomy, 2019-2024
  • 10.3. Market Size (US$ Bn) and Volume (Kilo Liters) Forecast by Market Taxonomy, 2025-2032
    • 10.3.1. By Country
      • 10.3.1.1. U.S.
      • 10.3.1.2. Canada
    • 10.3.2. By Source
    • 10.3.3. By Transmission Type
    • 10.3.4. By Vehicle Type
    • 10.3.5. By Distribution Channel
  • 10.4. Market Attractiveness Analysis
    • 10.4.1. By Country
    • 10.4.2. By Source
    • 10.4.3. By Transmission Type
    • 10.4.4. By Vehicle Type
    • 10.4.5. By Distribution Channel

11. Latin America Market Analysis Outlook, 2019-2032

  • 11.1. Introduction
  • 11.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Trend Analysis by Market Taxonomy, 2019-2024
  • 11.3. Market Size (US$ Bn) and Volume (Kilo Liters) Forecast by Market Taxonomy, 2025-2032
    • 11.3.1. By Country
      • 11.3.1.1. Brazil
      • 11.3.1.2. Mexico
      • 11.3.1.3. Rest of Latin America
    • 11.3.2. By Source
    • 11.3.3. By Transmission Type
    • 11.3.4. By Vehicle Type
    • 11.3.5. By Distribution Channel
  • 11.4. Market Attractiveness Analysis
    • 11.4.1. By Source
    • 11.4.2. By Transmission Type
    • 11.4.3. By Vehicle Type
    • 11.4.4. By Distribution Channel

12. Europe Market Analysis Outlook, 2019-2032

  • 12.1. Introduction
  • 12.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Trend Analysis by Market Taxonomy, 2019-2024
  • 12.3. Market Size (US$ Bn) and Volume (Kilo Liters) Forecast by Market Taxonomy, 2025-2032
    • 12.3.1. By Country
      • 12.3.1.1. Germany
      • 12.3.1.2. Italy
      • 12.3.1.3. France
      • 12.3.1.4. U.K.
      • 12.3.1.5. Spain
      • 12.3.1.6. BENELUX
      • 12.3.1.7. Russia
      • 12.3.1.8. Rest of Europe
    • 12.3.2. By Source
    • 12.3.3. By Transmission Type
    • 12.3.4. By Vehicle Type
    • 12.3.5. By Distribution Channel
  • 12.4. Market Attractiveness Analysis
    • 12.4.1. By Country
    • 12.4.2. By Source
    • 12.4.3. By Transmission Type
    • 12.4.4. By Vehicle Type
    • 12.4.5. By Distribution Channel

13. East Asia Market Analysis Outlook, 2019-2032

  • 13.1. Introduction
  • 13.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Trend Analysis by Market Taxonomy, 2019-2024
  • 13.3. Market Size (US$ Bn) and Volume (Kilo Liters) Forecast by Market Taxonomy, 2025-2032
    • 13.3.1. By Country
      • 13.3.1.1. China
      • 13.3.1.2. Japan
      • 13.3.1.3. South Korea
    • 13.3.2. By Source
    • 13.3.3. By Transmission Type
    • 13.3.4. By Vehicle Type
    • 13.3.5. By Distribution Channel
  • 13.4. Market Attractiveness Analysis
    • 13.4.1. By Source
    • 13.4.2. By Transmission Type
    • 13.4.3. By Vehicle Type
    • 13.4.4. By Distribution Channel

14. South Asia and Pacific Market Analysis Outlook, 2019-2032

  • 14.1. Introduction
  • 14.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Trend Analysis by Market Taxonomy, 2019-2024
  • 14.3. Market Size (US$ Bn) and Volume (Kilo Liters) Forecast by Market Taxonomy, 2025-2032
    • 14.3.1. By Country
      • 14.3.1.1. India
      • 14.3.1.2. ASEAN
      • 14.3.1.3. Rest of South Asia
    • 14.3.2. By Source
    • 14.3.3. By Transmission Type
    • 14.3.4. By Vehicle Type
    • 14.3.5. By Distribution Channel
  • 14.4. Market Attractiveness Analysis
    • 14.4.1. By Country
    • 14.4.2. By Source
    • 14.4.3. By Transmission Type
    • 14.4.4. By Vehicle Type
    • 14.4.5. By Distribution Channel

15. Middle East and Africa Market Analysis Outlook, 2019-2032

  • 15.1. Introduction
  • 15.2. Historical Market Size (US$ Bn) and Volume (Kilo Liters) Trend Analysis by Market Taxonomy, 2019-2024
  • 15.3. Market Size (US$ Bn) and Volume (Kilo Liters) Forecast by Market Taxonomy, 2025-2032
    • 15.3.1. By Country
      • 15.3.1.1. Turkey
      • 15.3.1.2. Gulf Co-operation Council Countries
      • 15.3.1.3. South Africa
      • 15.3.1.4. Northern Africa
      • 15.3.1.5. Rest of MEA
    • 15.3.2. By Source
    • 15.3.3. By Transmission Type
    • 15.3.4. By Vehicle Type
    • 15.3.5. By Distribution Channel
  • 15.4. Market Attractiveness Analysis
    • 15.4.1. By Country
    • 15.4.2. By Source
    • 15.4.3. By Transmission Type
    • 15.4.4. By Vehicle Type
    • 15.4.5. By Distribution Channel

16. Country Wise Market Analysis Outlook, 2019-2032

  • 16.1. U.S. Market Analysis
    • 16.1.1. By Source
    • 16.1.2. By Vehicle Type
    • 16.1.3. By Transmission Type
    • 16.1.4. By Distribution Channel
  • 16.2. Canada Market Analysis
  • 16.3. Mexico Market Analysis
  • 16.4. Brazil Market Analysis
  • 16.5. Germany Market Analysis
  • 16.6. Italy Market Analysis
  • 16.7. France Market Analysis
  • 16.8. U.K. Market Analysis
  • 16.9. Spain Market Analysis
  • 16.10. BENELUX Market Analysis
  • 16.11. Russia Market Analysis
  • 16.12. China Market Analysis
  • 16.13. Japan Market Analysis
  • 16.14. South Korea Market Analysis
  • 16.15. India Market Analysis
  • 16.16. ASEAN Market Analysis
  • 16.17. Gulf Co-operation Council Countries Market Analysis
  • 16.18. Turkey Market Analysis
  • 16.19. South Africa Market Analysis

17. Competition Landscape

  • 17.1. Key Players - Market Positioning
  • 17.2. Key Players - Market Footprint
  • 17.3. Competition Dashboard
  • 17.4. Competition Deep Drive
    • 17.4.1. Shell plc
      • 17.4.1.1. Overview
      • 17.4.1.2. Product Portfolio
      • 17.4.1.3. Sales Footprint
      • 17.4.1.4. Strategy Overview
        • 17.4.1.4.1. Marketing Strategy
        • 17.4.1.4.2. Product Strategy
        • 17.4.1.4.3. Channel Strategy
    • 17.4.2. Exxon Mobil Corporation
    • 17.4.3. China National Petroleum Corporation
    • 17.4.4. Hindustan Petroleum Corporation Limited
    • 17.4.5. FUCHS LUBRICANTS CO.
    • 17.4.6. BP P.L.C.
    • 17.4.7. TOTAL S.A.
    • 17.4.8. ZF Friedrichshafen AG
    • 17.4.9. Valvoline LLC
    • 17.4.10. Chevron Corporation
    • 17.4.11. Hengst SE and Co. KG
    • 17.4.12. Ferdinand Bilstein GmbH Co. KG
    • 17.4.13. Elofic Industries Limited
    • 17.4.14. VIEROL AG

18. Assumptions and Acronyms Used

19. Research Methodology