Report cover image

Lubricant Additives Market Size, Share, Trends, Industry Analysis Report: By Application (Automotive and Industrial), Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034

Published May 01, 2025
Length 118 Pages
SKU # PLRS20199091

Description

The global lubricant additives market size is expected to reach USD 27.81 billion by 2034, according to a new study by Polaris Market Research. The report “Lubricant Additives Market Size, Share, Trends, Industry Analysis Report: By Application (Automotive and Industrial), Type, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The lubricant additives market focuses on the production and distribution of chemical compounds that are blended with base oils to improve the performance and lifespan of lubricants. These additives are essential components in formulating finished lubricants for a wide array of applications, including automotive engines, industrial machinery, and marine equipment. They function by enhancing crucial properties of the base oil, such as its ability to reduce friction, prevent wear, inhibit corrosion, maintain stable viscosity under varying temperatures, and disperse contaminants. Without these additives, base oils alone would often be inadequate to meet the demanding performance requirements of modern machinery and engines.

The market dynamics are significantly influenced by factors such as the growth of the automotive and industrial sectors globally, coupled with increasingly stringent environmental regulations. The rising demand for high-performance lubricants that can improve fuel efficiency, extend equipment life, and reduce emissions acts as a major market drive. Furthermore, technological advancements in engine and machinery design necessitate the development of more sophisticated and specialized lubricant additives. The market outlook indicates a continuing trend toward innovation, with a particular emphasis on developing sustainable and environmentally friendly additive solutions to meet evolving market demand trends and regulatory requirements.

Lubricant Additives Market Report Highlights

By application, the automotive segment represents a larger lubricant additives market share due to the substantial volume of lubricant consumption across various vehicle types globally, driven by the large vehicle parc and continuous advancements in automotive technology.

By type, the anti-wear agents segment holds the largest share of the market. This is primarily due to their critical role in minimizing friction and wear in engines and industrial equipment, driven by the increasing demand for enhanced durability.

By region, Asia Pacific holds the largest share of the lubricant additives market revenue.

A few key participants actively operating in the market include The Lubrizol Corporation (Berkshire Hathaway Inc.); Evonik Industries AG; BASF SE; Afton Chemical Corporation (NewMarket Corporation); Chevron Oronite Company LLC (Chevron Corporation); Infineum International Limited (Exxon Mobil Corporation and Shell plc); Clariant AG (SABIC); LANXESS AG; Dover Chemical Corporation (ICC Industries Inc.); King Industries, Inc.; and Vanderbilt Chemicals, LLC.

Polaris Market Research has segmented the market report on the basis of application, type, and region:

By Application Outlook (Revenue – USD Billion, 2020–2034)

Automotive

Industrial

By Type Outlook (Revenue – USD Billion, 2020–2034)

Dispersants

Viscosity Index Improvers

Detergents

Anti-wear Agents

Antioxidants

Corrosion Inhibitors

Friction Modifiers

Emulsifiers

Others

By Regional Outlook (Revenue – USD Billion, 2020–2034)

North America
  • US
  • Canada
Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

118 Pages
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Low Rolling Resistance Tire Market Insights
4.1. Low Rolling Resistance Tire Market – Market Snapshot
4.2. Low Rolling Resistance Tire Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing Adoption in Electric and Hybrid Vehicles
4.2.1.2. Advancements in Tire Technology and Materials
4.2.2. Restraints and Challenges
4.2.2.1. Higher Initial Cost
4.2.3. Public opinion and privacy legal precedents
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Low Rolling Resistance Tire Market Trends
4.6. Value Chain Analysis
5. Global Low Rolling Resistance Tire Market, by Application
5.1. Key Findings
5.2. Introduction
5.2.1. Global Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
5.3. On-Road
5.3.1. Global Low Rolling Resistance Tire Market, by On-Road, by Region, 2020–2034 (USD Billion)
5.4. Off-Road
5.4.1. Global Low Rolling Resistance Tire Market, by Off-Road, by Region, 2020–2034 (USD Billion)
6. Global Low Rolling Resistance Tire Market, by Vehicle Type
6.1. Key Findings
6.2. Introduction
6.2.1. Global Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
6.3. Two-wheeler
6.3.1. Global Low Rolling Resistance Tire Market, by Two-wheeler, by Region, 2020–2034 (USD Billion)
6.4. Passenger Car
6.4.1. Global Low Rolling Resistance Tire Market, by Passenger Car, by Region, 2020–2034 (USD Billion)
6.5. Light Commercial Vehicle
6.5.1. Global Low Rolling Resistance Tire Market, by Β-Arrestin Functional Assays, by Region, 2020–2034 (USD Billion)
6.6. Heavy Commercial Vehicle
6.6.1. Global Low Rolling Resistance Tire Market, by Heavy Commercial Vehicle, by Region, 2020–2034 (USD Billion)
6.7. Others
6.7.1. Global Low Rolling Resistance Tire Market, by Others, by Region, 2020–2034 (USD Billion)
7. Global Low Rolling Resistance Tire Market, by Sales Channel
7.1. Key Findings
7.2. Introduction
7.2.1. Global Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
7.3. OEM
7.3.1. Global Low Rolling Resistance Tire Market, by OEM, by Region, 2020–2034 (USD Billion)
7.4. Aftermarket
7.4.1. Global Low Rolling Resistance Tire Market, by Aftermarket, by Region, 2020–2034 (USD Billion)
8. Global Low Rolling Resistance Tire Market, by Geography
8.1. Key Findings
8.2. Introduction
8.2.1. Low Rolling Resistance Tire Market Assessment, By Geography, 2020–2034 (USD Billion)
8.3. Low Rolling Resistance Tire Market – North America
8.3.1. North America: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.3.2. North America: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.3.3. North America: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.3.4. Low Rolling Resistance Tire Market – US
8.3.4.1. US: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.3.4.2. US: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.3.4.3. US: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.3.5. Low Rolling Resistance Tire Market – Canada
8.3.5.1. Canada: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.3.5.2. Canada: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.3.5.3. Canada: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4. Low Rolling Resistance Tire Market – Europe
8.4.1. Europe: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.2. Europe: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.3. Europe: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.4. Low Rolling Resistance Tire Market – UK
8.4.4.1. UK: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.4.2. UK: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.4.3. UK: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.5. Low Rolling Resistance Tire Market – France
8.4.5.1. France: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.5.2. France: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.5.3. France: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.6. Low Rolling Resistance Tire Market – Germany
8.4.6.1. Germany: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.6.2. Germany: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.6.3. Germany: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.7. Low Rolling Resistance Tire Market – Italy
8.4.7.1. Italy: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.7.2. Italy: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.7.3. Italy: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.8. Low Rolling Resistance Tire Market – Spain
8.4.8.1. Spain: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.8.2. Spain: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.8.3. Spain: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.9. Low Rolling Resistance Tire Market – Netherlands
8.4.9.1. Netherlands: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.9.2. Netherlands: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.9.3. Netherlands: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.10. Low Rolling Resistance Tire Market – Russia
8.4.10.1. Russia: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.10.2. Russia: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.10.3. Russia: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.4.11. Low Rolling Resistance Tire Market – Rest of Europe
8.4.11.1. Rest of Europe: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.4.11.2. Rest of Europe: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.4.11.3. Rest of Europe: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5. Low Rolling Resistance Tire Market – Asia Pacific
8.5.1. Asia Pacific: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.2. Asia Pacific: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.3. Asia Pacific: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.4. Low Rolling Resistance Tire Market – China
8.5.4.1. China: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.4.2. China: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.4.3. China: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.5. Low Rolling Resistance Tire Market – India
8.5.5.1. India: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.5.2. India: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.5.3. India: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.6. Low Rolling Resistance Tire Market – Malaysia
8.5.6.1. Malaysia: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.6.2. Malaysia: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.6.3. Malaysia: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.7. Low Rolling Resistance Tire Market – Japan
8.5.7.1. Japan: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.7.2. Japan: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.7.3. Japan: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.8. Low Rolling Resistance Tire Market – Indonesia
8.5.8.1. Indonesia: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.8.2. Indonesia: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.8.3. Indonesia: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.9. Low Rolling Resistance Tire Market – South Korea
8.5.9.1. South Korea: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.9.2. South Korea: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.9.3. South Korea: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.10. Low Rolling Resistance Tire Market – Australia
8.5.10.1. Australia: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.10.2. Australia: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.10.3. Australia: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.5.11. Low Rolling Resistance Tire Market – Rest of Asia Pacific
8.5.11.1. Rest of Asia Pacific: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.5.11.2. Rest of Asia Pacific: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.5.11.3. Rest of Asia Pacific: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.6. Low Rolling Resistance Tire Market – Middle East & Africa
8.6.1. Middle East & Africa: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.6.2. Middle East & Africa: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.6.3. Middle East & Africa: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.6.4. Low Rolling Resistance Tire Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.6.4.2. Saudi Arabia: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.6.4.3. Saudi Arabia: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.6.5. Low Rolling Resistance Tire Market – UAE
8.6.5.1. UAE: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.6.5.2. UAE: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.6.5.3. UAE: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.6.6. Low Rolling Resistance Tire Market – Israel
8.6.6.1. Israel: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.6.6.2. Israel: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.6.6.3. Israel: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.6.7. Low Rolling Resistance Tire Market – South Africa
8.6.7.1. South Africa: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.6.7.2. South Africa: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.6.7.3. South Africa: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.6.8. Low Rolling Resistance Tire Market – Rest of Middle East & Africa
8.6.8.1. Rest of Middle East & Africa: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.6.8.2. Rest of Middle East & Africa: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.6.8.3. Rest of Middle East & Africa: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.7. Low Rolling Resistance Tire Market – Latin America
8.7.1. Latin America: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.7.2. Latin America: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.7.3. Latin America: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.7.4. Low Rolling Resistance Tire Market – Mexico
8.7.4.1. Mexico: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.7.4.2. Mexico: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.7.4.3. Mexico: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.7.5. Low Rolling Resistance Tire Market – Brazil
8.7.5.1. Brazil: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.7.5.2. Brazil: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.7.5.3. Brazil: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.7.6. Low Rolling Resistance Tire Market – Argentina
8.7.6.1. Argentina: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.7.6.2. Argentina: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.7.6.3. Argentina: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
8.7.7. Low Rolling Resistance Tire Market – Rest of Latin America
8.7.7.1. Rest of Latin America: Low Rolling Resistance Tire Market, by Application, 2020–2034 (USD Billion)
8.7.7.2. Rest of Latin America: Low Rolling Resistance Tire Market, by Vehicle Type, 2020–2034 (USD Billion)
8.7.7.3. Rest of Latin America: Low Rolling Resistance Tire Market, by Sales Channel, 2020–2034 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Apollo Tyres Ltd
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Bridgestone
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Continental AG
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Hankook Tire & Technology.
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. KUMHO TIRE CO., INC.
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Michelin
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Nokian Tyres plc.
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Pirelli & C. S.p.A.
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Sumitomo Rubber Industries, Ltd.
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. The Goodyear Tire & Rubber Company.
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. TOYO TIRE CORPORATION.
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Yokohama Tire Corporation.
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Zhongce Rubber Group Co., Ltd
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.