GLOBAL LUBRICANT ADDITIVES MARKET FORECAST 2019-2027

  • You are here:
  • Home
  • Reports
  • GLOBAL LUBRICANT ADDITIVES MARKET FORECAST 2019-2027

GLOBAL LUBRICANT ADDITIVES MARKET FORECAST 2019-2027

Organic or inorganic chemical compounds, when dissolved and suspended in lubricants to increase their performance is called lubricant additives. The global lubricant additives market is estimated to grow with a CAGR of xx% in terms of revenue and xx% in terms of volume. The market is anticipated to grow around $xx million and xx kilotons by 2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027. One of the factors driving the market is the increasing number of countries are beginning to adhere to stricter emission standards. Fuel availability, a primary requirement for stricter emissions, sets the pace for these emission regulations.

GLOBAL LUBRICANT ADDITIVES MARKET FORECAST 2019-2027

UPCOMING REPORTS

Request free sample

Organic or inorganic chemical compounds, when dissolved and suspended in lubricants to increase their performance is called lubricant additives. The global lubricant additives market is estimated to grow with a CAGR of xx% in terms of revenue and xx% in terms of volume. The market is anticipated to grow around $xx million and xx kilotons by 2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027.

One of the factors driving the market is the increasing number of countries are beginning to adhere to stricter emission standards. Fuel availability, a primary requirement for stricter emissions, sets the pace for these emission regulations. The world is currently governed by three major legislative standards for emission regulations of commercial vehicles: Environmental Protection Agency (EPA), California Air Resources Board (CARB), and European Commission (EC).

Viscosity index improvers are one of the major types of lubricant additives. Viscosity index improvers are polymeric additives that are added to reduce the impact of increasing temperature on the viscosity of lubricants. These additives are widely used in gear oils, multi-grade engine oils, automatic transmission fluids, hydraulic fluids, greases and power steering fluids. Materials that are widely used for viscosity index improvers are polyisobutene (PIB), olefin copolymers (OCP), polymethacrylates (PMA) and radial polyisoprene. The additives allow the fluid to flow more liberally at a low temperature to reach the bearings quickly.

The expense and complex testing procedure are the major restraining factor for the market. With the increasing intricacies of contemporary motors and equipment, technology engaged in the development of a new range of high-performance lubricants is becoming more complicated. The development of a variety of lubricants is now very crucial from a worldwide view, as engine oils for passenger vehicles and heavy-duty trucks have to cover the quality demands of the U.S., European, and Japanese machinery manufacturers to be acceptable worldwide.

The report on the global lubricant testing market includes segmentation based on application, type and region.

Market by Type

  • Dispersants
  • Detergents
  • Viscosity index improvers
  • Anti-wear agents
  • Corrosion inhibitors
  • Antioxidants
  • Emulsifiers
  • Friction modifiers
  • Other types

Market by Application

  • Automotive
    • Passenger car
    • Heavy-duty
    • Other automotive
  • Industrial
    • Industrial engine oils
    • Metalworking fluids
    • General industrial oils
    • Other industrial

Geographically, the global lubricant additives market has been segmented on the basis of four major regions, which includes:

  • North America: the United States & Canada
  • Europe: United Kingdom, Germany, France, Spain, Italy & Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea & Rest of Asia Pacific
  • Rest of World: Latin America, Middle East & Africa

Asia Pacific region forms a major market for lubricant additives. The rapid urbanization and industrialization in the Asia-Pacific region are promoting the growth of the lubricant additives market as there is an increased need for high-grade lubricants. China continues to be the leading consumer of lubricant additives among all countries in the world and is expected to continue dominating the market during the forecasted period.

The global lubricant additives market is segmented into type and application. Type is further sub-segmented into viscosity index improvers, emulsifiers, anti-wear agents, dispersants, corrosion inhibitors, detergents, antioxidants, friction modifiers, and other types. The application market is further bifurcated into industrial and automotive. The industrial segment includes industrial engine oils, general industrial oils, metalworking fluids and other industrial. The automotive segment consists of passenger cars, heavy-duty and other automotive.

The major market players in the global lubricant additives market include:

  • Infineum International Limited
  • BASF SE
  • Lubrizol Corporation
  • Vanderbilt Chemicals LLC
  • Croda International PLC
  • Others

Company profiles cover an in-depth analysis of important players. These companies are adopting effective strategies to increase their presence in the market. For instance, in December 2016, Afton Chemicals Corp acquired Aditivos Mexicanos S.A. de C.V. In December 2016, Chevron Corporation announced plans of investing in Novvi, a bio-based lubricants company manufacturing renewable base oils. This investment represents the company’s aggressive growth plans in the synthetic & renewable lubricants segment. In March 2016, BASF SE announced the inauguration of a production plant at Gebeng, Malaysia, to manufacture high-performance fuel & lubricant additives.

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
  4. MARKET DYNAMICS
    • MARKET DEFINITION
    • MARKET DRIVERS
    • MARKET RESTRAINTS
    • MARKET OPPORTUNITIES
    • MARKET CHALLENGES
  5. MARKET BY TYPE (IN TERMS OF VALUE: IN $ MILLION & IN TERMS OF VOLUME: KILOTONS)
    • DISPERSANTS
    • VISCOSITY INDEX IMPROVERS
    • DETERGENTS
    • ANTI-WEAR AGENTS
    • ANTIOXIDANTS
    • CORROSION INHIBITORS
    • FRICTION MODIFIERS
    • EMULSIFIERS
    • OTHER TYPES
  6. MARKET BY APPLICATION (IN TERMS OF VALUE: IN $ MILLION & IN TERMS OF VOLUME: KILOTONS)
    • AUTOMOTIVE
      • HEAVY-DUTY
      • PASSENGER CAR
      • OTHER AUTOMOTIVE
    • INDUSTRIAL
      • METALWORKING FLUIDS
      • INDUSTRIAL ENGINE OILS
      • GENERAL INDUSTRIAL OILS
      • OTHER INDUSTRIAL
  1. KEY ANALYTICS
    • PORTERS FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. GEOGRAPHICAL ANALYSIS (IN TERMS OF VALUE: IN $ MILLION & IN TERMS OF VOLUME: KILOTONS)
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • BASF SE
    • AFTON CHEMICAL CORP.
    • CHEMTURA CORP.
    • CHEVRON ORONITE COMPANY
    • CRODA INTERNATIONAL
    • EVONIK INDUSTRIES
    • HORNETT BROTHERS & CO. LTD.
    • INFINEUM INTERNATIONAL
    • IPAC INC.
    • LUBRIZOL CORP.
    • MIDCONTINENTAL CHEMICAL CO.
    • RHEIN CHEMIE CORPORATION
    • SHAMROCK SHIPPING & TRADING LTD.
    • THE LUBRIZOL CORPORATION
    • TIANHE CHEMICALS GROUP

 

 LIST OF TABLES

TABLE 1: GLOBAL LUBRICANT ADDITIVES MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 2: GLOBAL LUBRICANT ADDITIVES MARKET, BY GEOGRAPHY, 2019-2027 (IN KILOTONS)

TABLE 3: GLOBAL LUBRICANT ADDITIVES MARKET, BY TYPE, 2019-2027, (IN KILOTONS)

TABLE 4: GLOBAL LUBRICANT ADDITIVES MARKET, BY TYPE, 2019-2027, (IN $ MILLION)

TABLE 5: GLOBAL LUBRICANT ADDITIVES MARKET, BY APPLICATION, 2019-2027, (IN KILOTONS)

TABLE 6: GLOBAL LUBRICANT ADDITIVES MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)

TABLE 7: GLOBAL LUBRICANT ADDITIVES MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)

TABLE 8: GLOBAL LUBRICANT ADDITIVES MARKET, BY AUTOMOTIVE, 2019-2027 (IN KILOTONS)

TABLE 9: GLOBAL LUBRICANT ADDITIVES MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)

TABLE 10: GLOBAL LUBRICANT ADDITIVES MARKET, BY INDUSTRIAL, 2019-2027 (IN KILOTONS)

TABLE 11: OPPORTUNITY MATRIX

TABLE 12: VENDOR LANDSCAPE

TABLE 13: GLOBAL LUBRICANT ADDITIVES MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)

TABLE 14: NORTH AMERICA LUBRICANT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 15: NORTH AMERICA LUBRICANT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (IN KILOTONS)

TABLE 16: EUROPE LUBRICANT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 17: EUROPE LUBRICANT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (IN KILOTONS)

TABLE 18: ASIA PACIFIC LUBRICANT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 19: ASIA PACIFIC LUBRICANT ADDITIVES MARKET, BY COUNTRY, 2019-2027 (IN KILOTONS)

TABLE 20: REST OF WORLD LUBRICANT ADDITIVES MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 21: REST OF WORLD LUBRICANT ADDITIVES MARKET, BY REGION, 2019-2027 (IN KILOTONS)

 

LIST OF FIGURES

FIGURE 1: GLOBAL LUBRICANT ADDITIVES MARKET, BY APPLICATION, 2018 & 2027 (IN %)

FIGURE 2: GLOBAL LUBRICANT ADDITIVES MARKET, BY DISPERSANTS, 2019-2027 (IN $ MILLION)

FIGURE 3: GLOBAL LUBRICANT ADDITIVES MARKET, BY VISCOSITY INDEX IMPROVERS, 2019-2027 (IN $ MILLION)

FIGURE 4: GLOBAL LUBRICANT ADDITIVES MARKET, BY DETERGENTS, 2019-2027 (IN $ MILLION)

FIGURE 5: GLOBAL LUBRICANT ADDITIVES MARKET, BY ANTI-WEAR AGENTS, 2019-2027 (IN $ MILLION)

FIGURE 6: GLOBAL LUBRICANT ADDITIVES MARKET, BY ANTIOXIDANTS, 2019-2027 (IN $ MILLION)

FIGURE 7: GLOBAL LUBRICANT ADDITIVES MARKET, BY CORROSION INHIBITORS, 2019-2027 (IN $ MILLION)

FIGURE 8: GLOBAL LUBRICANT ADDITIVES MARKET, BY FRICTION MODIFIERS, 2019-2027 (IN $ MILLION)

FIGURE 9: GLOBAL LUBRICANT ADDITIVES MARKET, BY EMULSIFIERS, 2019-2027 (IN $ MILLION)

FIGURE 10: GLOBAL LUBRICANT ADDITIVES MARKET, BY OTHER TYPES, 2019-2027 (IN $ MILLION)

FIGURE 11: GLOBAL LUBRICANT ADDITIVES MARKET, BY AUTOMOTIVE, 2019-2027 (IN $ MILLION)

FIGURE 12: GLOBAL LUBRICANT ADDITIVES MARKET, BY HEAVY-DUTY, 2019-2027 (IN $ MILLION)

FIGURE 13: GLOBAL LUBRICANT ADDITIVES MARKET, BY PASSENGER CAR, 2019-2027 (IN $ MILLION)

FIGURE 14: GLOBAL LUBRICANT ADDITIVES MARKET, BY OTHER AUTOMOTIVE, 2019-2027 (IN $ MILLION)

FIGURE 15: GLOBAL LUBRICANT ADDITIVES MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)

FIGURE 16: GLOBAL LUBRICANT ADDITIVES MARKET, BY METALWORKING FLUIDS, 2019-2027 (IN $ MILLION)

FIGURE 17: GLOBAL LUBRICANT ADDITIVES MARKET, BY INDUSTRIAL ENGINE OILS, 2019-2027 (IN $ MILLION)

FIGURE 18: GLOBAL LUBRICANT ADDITIVES MARKET, BY GENERAL INDUSTRIAL OILS, 2019-2027 (IN $ MILLION)

FIGURE 19: GLOBAL LUBRICANT ADDITIVES MARKET, BY OTHER INDUSTRIAL, 2019-2027 (IN $ MILLION)

FIGURE 20: PORTER’S FIVE FORCE ANALYSIS

FIGURE 21: GLOBAL LUBRICANT ADDITIVES MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 22: UNITED STATES LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: CANADA LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: UNITED KINGDOM LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: GERMANY LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: FRANCE LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: SPAIN LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: ITALY LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29: REST OF EUROPE LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 30: CHINA LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 31: JAPAN LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32: INDIA LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33: SOUTH KOREA LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34: AUSTRALIA LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 35: REST OF ASIA PACIFIC LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 36: LATIN AMERICA LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

FIGURE 37: MIDDLE EAST & AFRICA LUBRICANT ADDITIVES MARKET, 2019-2027 (IN $ MILLION)

  1. MARKET BY TYPE (IN TERMS OF VALUE: IN $ MILLION & IN TERMS OF VOLUME: KILOTONS)
    • DISPERSANTS
    • VISCOSITY INDEX IMPROVERS
    • DETERGENTS
    • ANTI-WEAR AGENTS
    • ANTIOXIDANTS
    • CORROSION INHIBITORS
    • FRICTION MODIFIERS
    • EMULSIFIERS
    • OTHER TYPES
  2. MARKET BY APPLICATION (IN TERMS OF VALUE: IN $ MILLION & IN TERMS OF VOLUME: KILOTONS)
    • AUTOMOTIVE
      • HEAVY-DUTY
      • PASSENGER CAR
      • OTHER AUTOMOTIVE
    • INDUSTRIAL
      • METALWORKING FLUIDS
      • INDUSTRIAL ENGINE OILS
      • GENERAL INDUSTRIAL OILS
      • OTHER INDUSTRIAL
  1. GEOGRAPHICAL ANALYSIS (IN TERMS OF VALUE: IN $ MILLION & IN TERMS OF VOLUME: KILOTONS)
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now