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Lubricant Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Lubricant Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

The global lubricant additives market reached a value of around US$ 15 Billion in 2017. The market is further projected to reach a value of US$ 18 Billion by 2023, exhibiting a CAGR of around 3% during 2018-2023. Lubricant additives are chemicals used for enhancing the functioning of lubricating oils by helping the engine oil to stay longer and making the engine safe under all operating conditions. They typically range between 0.1% to 30% of the oil volume, depending on the application.

Additives can be of various types, some additives impart new and useful properties to the lubricant, whereas, others enhance properties that are already present. Some lubricants also act to lower the rate at which unwanted changes take place in the product throughout its service life. A number of factors are currently catalysing the global demand for lubricant additives.

Market Drivers:

Many lubricant additives contain anti-wear, anti-rust or anti-corrosive characteristics, which prevent damage to coatings and surfaces inside the engine.
Some lubricant additives are also used to maintain the required physical properties (such as viscosity) at all temperatures and operating conditions. This provides adequate flow and viscosity of the engine oil in all situations.
Additives with antioxidant properties aid in slowing down the oxidation process and the build-up of unwanted engine contaminants and oil thickening. They also help in keeping the engine surfaces and parts clean along with controlling deposit mediated engine oil thickening.
Additives with friction or viscosity modifying properties can also help in increasing the fuel economy. This is by decreasing the friction between moving surfaces or allowing favourable viscosity profiles that further provides improved efficiency.
Advanced lubricant additives also benefit the environment as they can aid in reducing carbon dioxide emissions from vehicles and also allow the effective use of energy resources.

Market Summary:

Based on the type, the market has been segmented as dispersants, viscosity index improvers, detergents, antiwear and antioxidants, corrosion inhibitors, friction modifiers and emulsifiers.
On the basis of the end-use, automotive lubricants represent the largest segment. Other major segments covered in the report include metalworking fluid, industrial engine oil, process oil and grease.
On the basis of the distribution channel, the report has segmented the market into institutional and retail.
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is currently the largest market.
The competitive landscape of the market has also been examined with some of the key players being Chevron Corp., Afton Chemical Corporation, The Lubrizol Corporation, Infineum International Limited, BASF SE, BRB International BV, Wuxi South Petroleum Additive Co., Croda Lubricants, DOG Chemie, Dorf Ketal, Dover Chemical, Eni SpA., Evonik Industries AG, Jinzhou Kangtai Lubricant Additives Co. Ltd and King Industries Inc.

This report provides a deep insight into the global lubricant additives market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the lubricant additives market in any manner.

Key Questions Answered in This Report:

How has the global lubricant additives market performed so far and how will it perform in the coming years?
What are the key regional markets in the global lubricant additives industry?
What are the key product types in the global lubricant additives industry?
What are the key end-use segments in the global lubricant additives industry?
What are the major distribution channels in the global lubricant additives industry?
What are the price trends of lubricant additives?
What are the various stages in the value chain of the global lubricant additives market?
What are the key driving factors and challenges in the global lubricant additives market?
What is the structure of the global lubricant additives market and who are the key players?
What is the degree of competition in the global lubricant additives market?
How are lubricant additives manufactured?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Lubricant Additives Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by End-Use
5.5 Market Breakup by Distribution Chnnel
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Price Analysis
5.11.1 Price Indicators
5.11.2 Price Structure
5.11.3 Margin Analysis
6 Market Breakup by Type
6.1 Dispersants
6.2 Viscosity Index Improvers
6.3 Detergents
6.4 Antiwear and Antioxidants
6.5 Corrosion Inhibitors
6.6 Friction Modifiers
6.7 Emulsifiers
7 Market Breakup by End-Use
7.1 Automotive Lubricant
7.2 Metalworking Fluid
7.3 Industrial Engine
7.4 Process Oil
7.5 Grease
8 Market Breakup by Distribution Channel
8.1 Retail
8.2 Institutional
9 Market Breakup by Region
9.1 Asia Pacific
9.2 Europe
9.3 North America
9.4 Middle East and Africa
9.5 Latin America
10 Imports and Exports
10.1 Imports by Major Countries
10.2 Exports by Major Countries
11 Lubricant Additives Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Chevron Corp.
12.3.2 Afton Chemical Corporation
12.3.3 The Lubrizol Corporation
12.3.4 Infineum International Limited
12.3.5 BASF SE
12.3.6 BRB International BV
12.3.7 Wuxi South Petroleum Additive Co.
12.3.8 Croda Lubricants
12.3.9 DOG Chemie
12.3.10 Dorf Ketal
12.3.11 Dover Chemical
12.3.12 Eni SpA.
12.3.13 Evonik Industries AG
12.3.14 Jinzhou Kangtai Lubricant Additives Co. Ltd
12.3.15 King Industries Inc.
List of Figures
Figure 1: Global: Lubricant Additives Market: Major Drivers and Challenges
Figure 2: Global: Lubricant Additives Market: Sales Value (in Billion US$), 2010-2017
Figure 3: Global: Lubricant Additives Market: Breakup by Type (in %), 2017
Figure 4: Global: Lubricant Additives Market: Breakup by End-Use (in %), 2017
Figure 5: Global: Lubricant Additives Market: Breakup by Distribution Channel (in %), 2017
Figure 6: Global: Lubricant Additives Market: Breakup by Region (in %), 2017
Figure 7: Global: Lubricant Additives Market Forecast: Sales Value (in Billion US$), 2018-2023
Figure 8: Global: Lubricant Additives Industry: SWOT Analysis
Figure 9: Global: Lubricant Additives Industry: Value Chain Analysis
Figure 10: Global: Lubricant Additives Industry: Porter’s Five Forces Analysis
Figure 11: Global: Lubricant Additives Market (Dispersants): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 12: Global: Lubricant Additives Market (Viscosity Index Improvers): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 13:Global: Lubricant Additives Market (Detergents): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14:Global: Lubricant Additives Market (Extreme-Pressure Additives): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15:Global: Lubricant Additives Market (Corrosion Inhibitors): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16:Global: Lubricant Additives Market (Friction Modifier): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17:Global: Lubricant Additives Market (Emulsifiers): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 18: Global: Lubricant Additives Market (Automotive Lubricant): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 19: Global: Lubricant Additives Market (Metalworking Fluid): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 20: Global: Lubricant Additives Market (Industrial Engine Oil): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 21: Global: Lubricant Additives Market (Process Oil): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 22: Global: Lubricant Additives Market (Grease): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 23: Global: Lubricant Additives Market: Sales Through the Institutional Segment (in Million US$), 2010, 2017 & 2023
Figure 24: Global: Lubricant Additives Market: Sales Through the Retail Segment (in Million US$), 2010, 2017 & 2023
Figure 25: Asia Pacific: Lubricant Additives Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 26: Europe: Lubricant Additives Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 27: North America: Lubricant Additives Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 28: Middle East and Africa: Lubricant Additives Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 29: Latin America: Lubricant Additives Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 30: Lubricant Additives Manufacturing: Process Flow
List of Tables
Table 1: Global: Lubricant Additives Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Lubricant Additives Market Forecast: Breakup by Type (in Million US$), 2018-2023
Table 3: Global: Lubricant Additives Market Forecast: Breakup by End-Use (in Million US$), 2018-2023
Table 4: Global: Lubricant Additives Market Forecast: Breakup by Distribution Channel (in Million US$), 2018-2023
Table 5: Global: Lubricant Additives Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 6: Lubricant Additives: Raw Material Requirements
Table 7: Global: Lubricant Additives Market Structure
Table 8: Global: Lubricant Additives Market: Key Players

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