Lubricant Additives Market 2025 Overview By Applications and Challenges

Lubricant Additives Market 2018-3023 Trends, Size,
Segment, Emerging Technologies
“Global Lubricant Additives Market includes Indepth
Analysis of industry by recent technologies,
trends, opportunities, challenges, key players and
business strategies considering types, segment, and
future analysis.”
13 February, 2019: Global Lubricant Additives Market is anticipated to grow at a CAGR of 4.3% by 2023. One of
the most important motivators for the international business is growing trade of automobile, mainly passenger cars
having greater performance and extended service intermissions. With reference to the source of the applications, the
statement concentrates on the position and viewpoint for foremost uses/end users. It takes into consideration the intake
in terms of sales, market stake, and development percentage of Lubricant Additives for respective use, including
Automobile (Passenger Cars & Heavy Duty Vehicles), Industrial (Industrial Engine Oil, Metalworking Fluids, General
Industrial Oil).
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The subdivision of the passenger car motor oil was the leading sector responsible for above 30% stake of the international
capacity in the year 2014. It is estimated to keep up its supremacy above the prediction period. The EURO standards
regulating the quantity of hydrocarbons, carbon monoxide, nitrogen oxide, and dust together with change in customers’
inclinations in the direction of utilizing operationally competent and small viscidness fuel are motivating the necessity
for passenger car motor oil.

In the subdivision of industrial lubricants, general industrial oil was responsible for a stake of more than 35% of the
international capacity during the year 2014. It is estimated to be the speedily developing subdivision above the upcoming
years. The change of production amenities to low cost Asian nations is not at all eye-catching due to decreasing price
affordability of producers in the area.
In addition, these producers are refining and updating the process of production to come to be economical throughout
the world. This anticipated influencing market subtleties by means of capacity and superiority of lubricants used up. The
Lubricant Additives on the source of Type of Product shows the Manufacture, Profits, Price, Market stake and
Development percentage of respective category. The market is divided into Friction Modifiers, Anti-Wear Additives,
Viscosity Index Modifiers, Antioxidants, Detergents and Dispersants.
The Dispersants and Viscosity Index Modifiers and Dispersants as a group were responsible for more than 40% stake
of the international capacity during the year 2015. Dispersants are extensively utilized to avert from slush, paint, or
additional deposit creation on exteriors. Approximately three-quarters of their usage remain in gasoline engine oils and
diesel engine oils, wherever their practice exposed to safety of the engine.
The Lubricant Additives market on the source of Area with respect to Trades in terms of intake, Profits, Market stake
and Development percentage in these areas, for the duration of the prediction could span North America [U.S.A,
Canada], Europe [France, Spain, Germany, U.K., Italy], Asia Pacific [India, Japan, China], Central & South America
[Brazil], Middle East & Africa [South Africa].
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By the source of geography, the Asia Pacific’s market of lubricant additives steered the international business by means
of the stake of the demand during the year 2014. Development estimated motivated by the standards of fuel effectiveness
combined with increasing conservational alarms regarding carbon release in the nation like Japan, India and China. The
financial development in the area combined with industrial development has permitted bigger manufacture and custody
of vehicles.
A number of conservational and lawful aspects are stimulating progress of the business in Middle East & Africa and
Central & South America too. These areas are likewise home to most important nations like South Africa and Brazil
that are increasing by a speedy proportion owing to growing natively manufacture of heavy-duty vehicle and passenger
car. The reclamation of subdivision of manufacturing in developed markets of Europe and North America for example
Italy, Germany, the U.K.and the U.S.A, will motivate the ingestion above the prediction period. Growing involvement
of the government to accomplish objectives of fuel economy expected to influence, more, business dynamic forces.
The statement revises Trades in terms of intake of Lubricant Additives in the market; particularly in North America,
Europe, Asia Pacific, Central & South America and Middle East & Africa. It concentrates on the topmost companies
operating in these regions. Some of the important companies operating in the field on international basis are Tianhe
Chemicals, Lubrizol Corp, Evonik Industries, Chevron Oronite, BASF SE, Shamrock, Infineum International, Croda
International, and Chemtura Corp.
Market Segment:

Key Applications
• Passenger Car
• Heavy-duty Vehicle
• Industrial
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Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key Vendors
• Lubrizol
• Infineum
• Chevron Oronite
• Afton Chemical Corporation
• BASF
• Chemtura Corporation
• Vanderbilt Chemicals
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