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Global Lubricating Oil Additives Marke Size, Share, Trends, Growth with top players like BASF SE, Merck KGaA, Celanese Corporation, SE Eastman Chemical Company, Shamrock Shipping & Trading Limited, Tianhe Chemicals Group, Celanese Corporation
Press release from: Data Bridge Market Research
Global Lubricating Oil Additives Market, By Functional Type (Dispersants, Viscosity Index Improvers, Detergents, Anti-Wear Agents, Anti-Oxidants, Rust & Corrosion Inhibitors, Friction Modifiers, Emulsifiers, Extreme Pressure Additives, Pour Point Depressants (Ppd)), By Application, By End User, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025.
The Global Lubricating Oil Additives Market is expected to reach USD 18.40 billion by 2025, from USD 14.80 billion in 2017 growing at a CAGR of 2.44% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Frequently Asked Questions?
• What will the market size be in 2025?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2025?
• Which strategies are used by top players in the Global Lubricating Oil Additives Market?
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Major Market Drivers & Market Restraint: Global Lubricating Oil Additives Market
• Demand from the automotive industry is increasing.
• Industrial growth in Asia-Pacific and Africa is high.
• Demand for an electric vehicle is increasing which may affect the lubricants.
• Raw material prices fluctuation.
Market Segmentation: Global Lubricating Oil Additives Market
By Functional type
• Viscosity Index Improvers
• Anti-Wear Agents
• Rust & Corrosion Inhibitors
• Friction Modifiers
• Extreme Pressure Additives
• Pour Point Depressants (Ppd)
• Engine Oil
• Gear Oil
• Automatic Transmission Fluids
• Hydraulic Fluids
• Water-Mixed Fluids
• Additive Content Of Lubricants
• Metalworking Fluids
By End User
• Automotive Sector
• Industrial Sector
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• North America
• South America
• Middle East & Africa
The global lubricating oil 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 lubricating oil additives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Top Competitors of Market
• BASF SE
• Merck KGaA
• Celanese Corporation
• SE Eastman Chemical Company
• Shamrock Shipping & Trading Limited
• Tianhe Chemicals Group,
• Croda International Plc,
• afton chemical,
• Celanese Corporation,
• Evonik Industries Ag
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