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Automotive Lubrication Services Market: Industry Analysis, Trend and Growth, 2014 – 2020 by Future Market Insights

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Automotive lubrication services includes lubrication of all moving parts of automobiles by applying greasy or oily substance, so as to lessen the friction. Automotive lubrication services consist of services such as oil changes, and preventive maint
GCC Automotive
Lubrication Services
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014 - 2020
Future Market Insights
www.futuremarketinsights.com
[email protected]
Report
Description
Report Description
Automotive lubrication services includes lubrication of all moving parts of automobiles by
applying greasy or oily substance, so as to lessen the friction. Automotive lubrication services
consist of services such as oil changes, and preventive maintenance. Some GCC companies in
automotive lubrication services also provide services such as routine maintenance services, for
instance, adjusting tire pressure, changing windshield wipers, replacing light bulbs, repairs, and
topping off fluid levels. The automotive industry is in growth phase and also, GCC automotive
aftermarket industry reached to US$ 7.5 billion in 2012. Lubrication is very important for
automobiles, without lubrication the automobile would consume more power and automobile
parts may get damaged. Lubrication acts as a coolant, a noise-reducing cushion, and a sealant
between engine piston rings and cylinder walls.
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Automotive lubrication services can be segmented by type and by application. On the basis of
type it can be segmented as Boundary lubrication, Hydrostatic lubrication services, Fluid film
lubrication services, Hydrodynamic lubrication services, Elasto hydro dynamic lubrication
services. On the basis of application it can be segmented as lubrication services for heavy
vehicles and lubrication services for light vehicles.
Report
Description
Report Description
Automotive Lubrication services sector has growing market in GCC region. Growth in population
over the past year has led to the increase in the number of vehicles on the road which
automatically enable the growth of automotive lubrication services. Also it is found that people
are generally using their cars for longer time and this creates a vast segment of out-of-warranty
vehicles requiring repairs, replacement parts and lubrication services. Other factors enhancing
the growth of lubrication services market in GCC region are challenging economy, aging vehicle
population, and increasing transportation. Total number of registered cars and pick-ups in the
GCC are expected to record single-digit CAGR during the forecast period. Also the no. of busses
and trucks was around 1 million 2014.
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Some major players in automotive lubrication services in GCC region are Chevron Corporation,
Jiffy Lube, ExxonMobil Fuels & Lubricants, Royal Dutch Shell, Petromin, and Alhamrani-Fuchs
Petroleum. These companies provide various innovative and technically superior services such
as inspection and/or emissions testing, engine service (change and replace oil), drivetrain
services in which old fluid is removed and replaced by new lubricating fluid, cooling system in
which old antifreeze is removed from radiator and replaced it with new antifreeze, brake
services, lubrication services for all moving parts of an automotive.
About Us
Report
Description
Future
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