The COVID-19 pandemic has caused supply and manufacturing disruptions in the automotive sector creating uncertainties in every aspect. The change in customer behavior in terms of mobility preferences during this crisis is changing the automotive landscape.
This pandemic situation has shut down many production lines owing to the trade restrictions and closed borders, creating a shortage in required parts and limiting the distribution of supplies. Different enforced measures including the closing of workspaces and dismissal of short-time workers have created a depression in the growth rate of the automotive industry.
The growing fear of recession is estimated to decrease overall sales and revenue. A limited supply of parts coupled with a reduced workforce has forced the leading OEMs to shut down their production. A significant drop in demand has restricted the cash inflow which is highly important in payment of salaries to the workforce. With growing uncertainties around the COVID-19 pandemic, the industry leaders are taking measures to adapt to the situation.
Global Engine Flush Market: Overview
Engine is an essential part of a machine, which produces mechanical energy, imparting motion to the vehicles. For engines to yield high efficiency, change of engine oil is required at regular intervals of time. The main function of the engine oil is to keep the lubrication of the crankshaft and maintain the cooling in the engine. During high temperature the engine oil gets carbonized forming sludge, which is a contaminant. The contaminants such as sludge, tar and other harmful contaminants continue to move within engine compartment, thus causes wear and tear resulting into reduced lubrication. Oil change in a contaminated engine will only result in poor efficiency. Hence to remove these harmful contaminants before changing of oil, engine flush is used.
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The engine flush is a cleaning formulation with strong detergents which eliminates the engine deposits with finest contaminants in the range of 5 to 20 microns. Engine flush cleans the entire lubrication system thereby enhances performance. The engine flush dissolves contaminants with its strong formulation and restores the oil’s viscosity up to 96%. Engine flush is used for various application such as for automotive engines, industrial equipment’s, and marine as well as stationary engines. The characteristic features of engine flush are improved efficiency, offers lower operating temperature and smooth operation, cleans dirt and increased lifespan of engine. The global engine flush market is anticipated for positive growth during the forecast period primarily due to growth of automobile industries and also the customers undergoing timely service of the car engines.
Global Engine Flush Market: Drivers and Restraints
The global engine flush market is primarily driven by the increasing demand for cleaning of the engines, which otherwise stagnates performance of the engine. The engine flush is a fast cleaner and removes the contaminants by dissolving them, further propels the global engine flush market. Also, engine flush helps in boosting fuel efficiency and enhances the life span of the engine, which further momentous the global engine flush usage in automobiles and thus, engine flush market growth. However, the engine flush when used with strong chemicals damages the rubber seals and gaskets. This might restricts its usage and thus, hamper growth of the engine flush market.
Global Engine Flush Market: Segmentation
On the basis of engine type, engine flush market is segmented into:-
- Petrol Engine
- Diesel Engine
On the basis of engine oil type, engine flush market is segmented into:-
- Mineral Oil
- Semi -Synthetic Oil
- Fully Synthetic Oil
On the basis of application, engine flush market is segmented into:-
- Industrial Equipment
Global Engine Flush Market: Region wise Outlook
The global engine flush market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). North America holds the major share in the global engine flush market as vehicle usage and other machineries, which require engine oil is higher in this region. Thus leading towards demand for engine flush among consumers in the region. Followed by North America, is APEJ and Japan in consumption of engine flush, wherein the growth is attributed to increased use of automobiles and other manufacturing industries, which requires oil flush for cleaning of engines. Western Europe being dominant in the industrial development, is projected for increased consumption of engine flush during the forecast period. In MEA, Saudi Arabia is global leader in oil production and exports to various countries, wherein the engine flush is used mainly in the transport and industrial sector – thus, driving the engine flush market growth.
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Global Engine Flush Market: Key Players
Some of the key players identified in the global engine flush market includes:
- International Lubricants, Inc
- BARDAHL Manufacturing Corporation
- Petra Oil Company, Inc
- Rymax Lubricants
- Penrite Oil
- Raaj Unocal Lubricants Limited
- Ashland Inc. (Valvoline)
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There has been a growing trend toward consolidation in the automotive sector, with the output of motor vehicles resting mainly in the hands of a few large companies and smaller independent manufacturers gradually.
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