Global Lubricant Additives Market

Dec 2018| VMR993A| Verified Market Research

Report Highlights

Market Overview:
The global Lubricant Additives market was valued at USD 15.04 billion in 2016 and is projected to reach USD 18.79 billion by 2025, growing at a CAGR of 2.50% from 2017 to 2025.
Lubricant additives demand is governed by demand for lubricants. These additives provide enhanced properties to increase the shelf life of lubricant along with improving its efficiency. The demand is high in industrial and automotive application owing to usage of large number of mechanical parts.

Market Dynamics:
1. Market Drivers
1.1 Increasing focus on fuel economy
1.2 High growth in developing economies
2. Market Restraints
2.1 Growing demand for alternate fuels
2.2 Economic restraints

Market Segmentation:
The global Lubricant Additivesmarket is segmented on the type, application, and region.
1. By Type:
1.1 Viscosity Index Improvers
1.2 Detergents
1.3 Dispersers
1.4 Corrosion Inhibitors
1.5 Friction Modifiers
1.6 Anti-Wear Additives
1.7 Antioxidants
1.8 Extreme Pressure Additives
1.9 Emulsifiers
1.10 Pour Point Depressant
1.11 Others

2. By Application:
2.1 Automotive
2.1.1 Heavy Duty Motor Oil
2.1.2 Passenger Car Motor Oil
2.1.3 Others
2.2 Industrial
2.2.1 Metal Working Fluid
2.2.2 Industrial Engine Oil
2.2.3 General Industrial Oil
2.2.4 Others

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Afton Chemical Corporation
2. Tianhe Chemicals Group
4. Chamrock Shipping and Trading Limited
5. Chemtura Corporation
6. Lubrizol
7. Chevron Oronite Company
8. Infineum International
9. Croda International
10. Evonik

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the Lubricant Additives Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Verified Market Research
Price: $3950

Become a Member

Already a member? Login to access this report free.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries

Need a custom data table, graph or complete report? Tell us more.