Press release
Global Lubricant Additives Market Analysis 2018 Top Vendors Are Chevron Oronite Company LLC, Croda International Plc, Evonik Industries AG, BASF SE
Global Lubricant Additives Market ? Industry Trends and Forecast to 2025
The Global Lubricant Additives Market is expected to reach USD 18.9 billion by 2025, from USD 15.7 billion in 2017 growing at a CAGR of 4.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Get Exclusive Sample Copy @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-lubricant-additives-market
Market Definition:
This market report defines the market trends and forecast the upcoming opportunities and threats of the lubricant market in the next 8 years. Lubricant additives are chemical compound that control the friction and enhance the machines performance. Lubricant additives express chemical, physical and anti-friction property of different oils such as bio chemical, synthetic, mineral, and others. The producer of different lubricant can utilize inventory stoke and select different additives for each specific application. Its main application is in automotive and industrial sector. Lubricant additives have various function such as emulsification, anti-misting, inhibiting corrosion, boundary lubricity, extreme pressure (ep), and boosting reserve alkalinity.
Major Market Drivers and Restraints:
Next big target is fuel economy
High growth in developing nations
Growth of automotive industry
Lower cost of production
Drive towards Alternative Fuels
High quality of fuels and lubes in developed nations
Economic restraints
The major players in the lubricant additives market are making various developments such as launch of new products, opening new research and development centres, and new plants for contributing to the growth of the market. For instance, in Dec 2016, Afton Chemical Corp. acquired Mexico City-based lubricant additive manufacturer and distributor, Aditivos Mexicanos, S.A. In Jan 2017, Evonik acquired a minority stake in Nanotech Industrial Solutions, placing a bet that nanotechnology will become an important tool in the lubricant additive toolbox. In Apr 2017, LANXESS has successfully completed the acquisition of the U.S. Company, Chemtura, one of the world’s leading suppliers of flame-retardant and lubricant additives.
Competitive Analysis:
The global lubricant additives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of lubricant additives market for global, Europe, North America, Asia Pacific and South America.
Questions? Talk to our Expert @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-lubricant-additives-market
Market Segmentation:
The global lubricant additives market is segmented based on function type, application, and geographical segments.
Based on function type
On the basis of application
Based on geography
To Avail 10% Discount on This Report Mail Us on: - sopan.gedam@databridgemarketresearch.com
Major Market Competitors
Some of the major players operating in the global lubricant additives market are:-
Chevron Oronite Company LLC,
Croda International Plc,
Evonik Industries AG,
BASF SE,
Infineum International Limited.,
The Lubrizol Corporation,
Shamrock Shipping & Trading Ltd.,
LANXESS,
Tianhe chemicals, others
Read more about This Report@ http://databridgemarketresearch.com/reports/global-lubricant-additives-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Lubricant Additives Market Analysis 2018 Top Vendors Are Chevron Oronite Company LLC, Croda International Plc, Evonik Industries AG, BASF SE here
News-ID: 1102718 • Views: …
More Releases from Data Bridge Market Research
X-Ray Inspection Systems Market Size, Share, Trends, Demand, Growth, Challenges …
X Ray Inspection System Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Analysis and estimation of important industry trends, market size, and market share are mentioned in the market report. The usefulness of SWOT analysis and Porter's Five Forces analysis in generating market research report makes it preferable by…
Hypercalcemia Treatment Market Size, Share, Trends, Key Drivers, Growth Opportun …
Hypercalcemia Treatment Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Analysis and estimation of important industry trends, market size, and market share are mentioned in the market report. The usefulness of SWOT analysis and Porter's Five Forces analysis in generating market research report makes it preferable by the businesses…
Nerve Repair Biomaterials Market Size, Share, Trends, Demand, Industry Growth an …
Recent study report released by Data Bridge Market research titled Global Nerve Repair Biomaterials Market (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support.
A top notch Nerve Repair Biomaterials market analysis report contains the recent industry status alongside advanced trends that can impact the actual growth rate of the market. The report gives details of…
Single Tooth Implants and Dental Bridges Market Size, Share, Demand, Rising Tren …
Data Bridge Market research has recently issued comprehensive industry research on Global Single Tooth Implants And Dental Bridges Market which includes growth analysis, regional marketing, challenges, opportunities, and drivers analysed in the report.
Besides, Single Tooth Implants And Dental Bridges market report studies market growth opportunities and restraining factors. The geographical division of this market analysis report offers data that gives an idea of the revenue of the companies and sales…
More Releases for Lubricant
Malaysia Automotive Lubricant Market
Automotive Lubricants Market in Malaysia is driven by the Growth in Number of Passenger Vehicles on Road and the rapidly increasing demand for High Performing Lubricants Despite their premium pricing: Ken Research
Increase in income level generally in urban areas contributing towards increasing demand for Passenger Vehicles and a shift in preference to expensive synthetic and semi-synthetic lubricants have driven the market for Automotive Lubricants industry in recent years.
A Significant growth…
Automotive Lubricant Market: Demand for High Quality and Efficient Lubricant to …
The global automotive Lubricant market size is expected to reach USD 79.91 billion by 2026, exhibiting a CAGR of 1.58% during the forecast period. The growing adoption and popularity of synthetic Lubricant in the automotive sector will have a positive impact on the automotive Lubricant market growth during the forecast period. The growing innovation in Lubricant has improved the overall of quality, which has led to extended oil drain and…
Water-based Personal Lubricant Market Report 2018: Segmentation by Product (Men' …
Global Water-based Personal Lubricant market research report provides company profile for Blossom Organics, Bodywise, Clean stream, Cumming Corporation, Good Clean Love, Hathor Professional Skincare, BioFilm, Church & Dwight, Reckitt Benckiser, Topco, Ansell and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR…
Vietnam automobile lubricant market beckons
With automotive lubricant demand rising from 2.6 million liters (in 2015) to 4.1 million liters (in 2021), global and regional manufacturers are taking notice of the Vietnam market. How can brands win in this market? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights on key trends in the Lube Report Asia magazine.
With many players competing in the Southeast Asia market for motorcycle lubricants, leaders will…
Sexual Lubricant Market - Water-based, Silicone - Based, Oil-based & Hybrid Lubr …
The global personal lube market is projected to grow from $953.27 million in 2016 to $1,412.38 million by 2022. The market is projected to grow at a CAGR of 6.77%.
Arizton’s recent market research report on the global personal lube market segments the market by product type (water-based sexual lubricant, silicone-based sexual lubricant, oil-based sexual lubricant, and hybrid sexual lubricant), distribution channels (retail and online), and geography (North America, EMEA, APAC,…
Water-based Personal Lubricant Segment to Dominate Global Sexual Lubricant Marke …
The water-based personal lubricant market is expected to account for 66.84% market share in 2022. Hybrid and silicone-based personal lubricants will be the fast-growing segments by 2022.
Analyst at Arizton state that the hybrid and silicone-based personal lubricant markets are growing at a fast pace. However, the water-based personal lubricants segment will dominate the global sexual lubricant market during the period 2016−2022.
Arizton has recently published an exclusive market analysis report titled…
