Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Synthetic Engine Lubricant market in this environment.
In terms of revenue, this research report indicated that the global Synthetic Engine Lubricant market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Synthetic Engine Lubricant industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ????Shell aims at producing XX Synthetic Engine Lubricant in 2020, with XX % production to take place in global market, ????Exxon Mobil accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Synthetic Engine Lubricant Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Synthetic Engine Lubricant Market?
Shell
Exxon Mobil
BP
Total Lubricants
Axel Christiernsson
Chevron
FUCHS
LUKOIL
SKF
JX Nippon Oil & Energy Corporation
Petro-Canada
Indian Oil Corporation
Quaker Chemical
Southwestern Petroleum Corporation
Klüber
Dow Corning
Sinopec
CNPC
CNOOC
...
Major Type of Synthetic Engine Lubricant Covered in XYZResearch report:
Synthetic Engine Grease
Synthetic Engine Oil
Application Segments Covered in XYZResearch Market
Car
Motorsports
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Synthetic Engine Lubricant Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Synthetic Engine Grease -Product Introduction and Major Manufacturers
1.1.2 Synthetic Engine Oil -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Synthetic Engine Lubricant Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Synthetic Engine Lubricant Market
3.1.1 Top Companies leading Synthetic Engine Lubricant Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Synthetic Engine Lubricant Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Synthetic Engine Lubricant Market
3.2.1 Top Companies leading Synthetic Engine Lubricant Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Synthetic Engine Lubricant Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Synthetic Engine Lubricant Market
3.3.1 Top Companies leading Synthetic Engine Lubricant Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Synthetic Engine Lubricant Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Synthetic Engine Lubricant Market
3.4.1 Top Companies leading Synthetic Engine Lubricant Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Synthetic Engine Lubricant Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Synthetic Engine Lubricant Market
3.5.1 Top Companies leading Synthetic Engine Lubricant Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Synthetic Engine Lubricant Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Synthetic Engine Lubricant Market
3.6.1 Top Companies leading Synthetic Engine Lubricant Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Synthetic Engine Lubricant Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Synthetic Engine Lubricant Market
3.7.1 Top Companies leading Synthetic Engine Lubricant Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Synthetic Engine Lubricant Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Synthetic Engine Lubricant Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Synthetic Engine Lubricant Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Synthetic Engine Lubricant Sales and Growth Rate (2021-2026)
5.2 Global Synthetic Engine Lubricant Sales Value and Growth Rate (2021-2026)
6 Synthetic Engine Lubricant Competitive Analysis
6.1 Shell
6.1.1 Shell Company Profiles
6.1.2 Shell Product Introduction
6.1.3 Shell Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Exxon Mobil
6.2.1 Exxon Mobil Company Profiles
6.2.2 Exxon Mobil Product Introduction
6.2.3 Exxon Mobil Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 BP
6.3.1 BP Company Profiles
6.3.2 BP Product Introduction
6.3.3 BP Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Total Lubricants
6.4.1 Total Lubricants Company Profiles
6.4.2 Total Lubricants Product Introduction
6.4.3 Total Lubricants Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Axel Christiernsson
6.5.1 Axel Christiernsson Company Profiles
6.5.2 Axel Christiernsson Product Introduction
6.5.3 Axel Christiernsson Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Chevron
6.6.1 Chevron Company Profiles
6.6.2 Chevron Product Introduction
6.6.3 Chevron Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 FUCHS
6.7.1 FUCHS Company Profiles
6.7.2 FUCHS Product Introduction
6.7.3 FUCHS Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 LUKOIL
6.8.1 LUKOIL Company Profiles
6.8.2 LUKOIL Product Introduction
6.8.3 LUKOIL Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 SKF
6.9.1 SKF Company Profiles
6.9.2 SKF Product Introduction
6.9.3 SKF Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 JX Nippon Oil & Energy Corporation
6.10.1 JX Nippon Oil & Energy Corporation Company Profiles
6.10.2 JX Nippon Oil & Energy Corporation Product Introduction
6.10.3 JX Nippon Oil & Energy Corporation Synthetic Engine Lubricant Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Petro-Canada
6.12 Indian Oil Corporation
6.13 Quaker Chemical
6.14 Southwestern Petroleum Corporation
6.15 Klüber
6.16 Dow Corning
6.17 Sinopec
6.18 CNPC
6.19 CNOOC
7 Conclusion
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