Global Lubricant Additives Market - 2019-2026
LUBRICANT ADDITIVES MARKET
The Global Lubricant Additives Market was valued at USD xx million in 2016 and is estimated to reach USD xx million by 2025, with a CAGR of xx% during the forecast period (2019-2026).
GROWTH FACTORS OF GLOBAL LUBRICANT ADDITIVES MARKET:
Lubricant Additives are multifunctional chemical components that provide one or more functions in fluid when used at a specific treat rate generally from < 1 to 35 percent.
Several factors impact Lubricant Additives Applications and its market and one of them is growing in automotive Industry.
“Growing Automotive Industry and Lubricant Additives Applications”:
Automotive applications tend to be highly technical and present a larger market for both finished lubricants and Lubricant Additives.
In Asia-Pacific, growth in Lubricant Additives Market is due to emerging economies while Europe and North America have stringent environmental regulations that drive the market for alternative fuels such as compressed natural gas (CNG), liquefied petroleum gas (LPG), and bio-lubricants.
This is expected to decrease the demand for lubricants, because their life increases with these fuels, resulting in delayed oil change intervals.
The Global Lubricant Additives Market is directly impacted by automotive industry and its sales growth.
Lubricant Additives Types:
Lubricant Additives Market is segmented based on Function into:
Detergents, Anti-oxidants, Corrosion Inhibitors, Friction Modifiers, Dispersants, Viscosity Modifiers, Emulsifiers, Anti-wear & Extreme Pressure Additives and Others. Further, based on Lubricant Type, the market is segmented into Hydraulic Oil, Engine Oil, Industrial Gear Oils, Metalworking Oils, Greases, Transmission Fluid, Concrete Release Agents, Chainsaw Oils, Compressor Oils and Others.
The market is categorized based on End-user Industry into:
Construction, Locomotive, Automotive, Metallurgy & Metal Working, Aerospace & Marine, Refrigeration, and Others.
The report segments the geographies by region which include North America, South America, Europe, Asia Pacific and RoW.
Scope of this report:
The report covers factors impacting the market, Porter 5 Forces, Lubricant Additives Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
Lubricant Additives Companies:
The report profiles companies occupying considerable Lubricant Additives Market Share.They are:
Afton Chemical Corporation, BASF SE, Chemtura Corporation, Chevron Oronite Company Llc, Croda International Plc, Evonik Industries Ag, Infineum International Ltd., Shamrock Shipping & Trading Limited, The Lubrizol Corporation and Tianhe Chemicals Group.
Reasons to purchase this report:
Visualize the composition Global Lubricant Additives Market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
Identify commercial opportunities in Lubricant Additives by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Lubricant Additives Market level 4/5 segmentation
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for key products of all major market players.
Target Audience
for this report:
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Emerging Companies
Manufacturers
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