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Global Lubricating Oil Additives Market Comprehensive Research and influencing Business factors - Key Players are BASF, Celanese, Chevron, Eastman Chemical Company, LANXESS, The Lubrizol Corporation, Shamrock Shipping and Trading Limited, Tianhe Oil
Global Lubricating Oil Additives Market
The SWOT analysis shows what the market drivers and restraints are for the Global Lubricating Oil Additives market. With segments attuned on the market’s size, growth rate and overall appeal of the market, the study provides company market share analysis to give a comprehensive overview of the key market players.
Furthermore, the report also comprises key maestro moves of the top market players including acquisitions and mergers, new product launch, agreements, partnerships, collaborations, and joint ventures, research and development, and regional expansion of major participants involved in the market on a global and regional basis.
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% by 2025.
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Key Players: Global Lubricating Oil Additives Market
BASF, Eni, Baker Hughes, a GE company, Infineum, BRB International BV, Celanese, Chevron, Eastman Chemical Company, LANXESS, The Lubrizol Corporation, Shamrock Shipping and Trading Limited, Tianhe Oil, Croda, Afton Chemical, Evonik, R. T. Vanderbilt Co., Clariant, Jinzhou Kangtai Lubricant Additives Co,Ltd, Eurolube Australia, EUROLUB GmbH, Jinzhou Runda Chemical Co., Wynn's Europe, Ltd, MidContinental Chemical Company, Inc., International Petroleum Group, and others.
Competitive Landscape: Global Lubricating Oil Additives Market
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.
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.
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Market Segmentation: Global Lubricating Oil Additives Market
By Application
• Engine Oil
• Gear Oil
• Automatic Transmission Fluids
• Hydraulic Fluids
• Water-Mixed Fluids
• Additive Content Of Lubricants
• Metalworking Fluids
By Geography
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
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)
• Others
By End User
• Automotive Sector
• Industrial Sector
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