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Global Lubricating Oil Additives Market Growth statistics and Key Player Insight - BASF, Eni, Baker Hughes, LANXESS, The Lubrizol Corporation, BRB International BV, Celanese, Chevron, Eastman Chemical Company, Tianhe Oil, Croda, Afton Chemical, Evonik

03-18-2019 11:50 AM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Global Lubricating Oil Additives Market

Global Lubricating Oil Additives Market

A report “Lubricating Oil Additives” has been added to our repository. The report gives a thorough overview of the present growth dynamics of the global Market with the help of vast market data covering all important aspects and market segments. The report represents the current situation of the market based on in-depth analysis of all the major factors that are expected to impact its demand in the near future, it evaluates the state of the market by 2026. The Lubricating Oil Additives Market report takes stock of the global market on the basis of its attractiveness as well as investment viability. It also offers quantitative and qualitative analysis of every feature of the market and catches the emerging industry trends.

Global Lubricating oil additives market is projected to register a healthy CAGR of 3.5% in the forecast period of 2019 to 2026.

Read More | Get FREE Sample Report at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-lubricating-oil-additives-market

The Lubricating Oil Additives Market report covers all the minute details related to the industry like technological developments, growth opportunities, threats to market growth, innovative strategies and futuristic market trends. Global Lubricating Oil Additives market analyses the report based on customer demand, supply and demand status, competitive market scenario and industry policies. The company profile of the eminent Lubricating Oil Additives market players based on the sales margin, import/export scenario, past, present and the future market scenario will filter essential market details.

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.

FACTORS DRIVING GROWTH IN THE GLOBAL LUBRICATING OIL ADDITIVES MARKET

Growing demand from automotive industry:

Lubricating oil additives (LOAs) are majorly used in the automobile industry. Automotive engine lubricant is manufactured in such a way that it contains performance additive, which has total concentrations of typically 10 – 30%. Additives are added to improve the performance of petroleum derived base oils. This addition is important for efficient operation and prolonged life of the engine. Modern lubricants contain a combination of various additives that meet the severe oil requirements and are impacted by engine design, operating conditions, legislation, and source of supply and processing methods of the base oil stocks. According to an article published by Technical Committee of Petroleum Additive Manufacturers in Europe the additive industry spends more than USD 281.93 million per year on new developments. Such developments in the additive industry help the market grow with positive growth rate.

Growing focus of market players

The global lubricating oil additives market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America bleeding disorder treatment market.

Get 25% Instant Discount on This Report | Mail Us At sopan.gedam@databridgemarketresearch.com

Market Segmentation

By Application

• Engine Oil
• Gear Oil
• Automatic Transmission Fluids
• Hydraulic Fluids
• Water-Mixed Fluids
• Additive Content Of Lubricants
• Metalworking Fluids

In March 2016, Infineum started of operations at its new lubricant additive production and blending plant at Zhangjiagang, China. The plant is located at Yangtze River International Chemical Industrial Park and has a capacity to produce 100,000 Tons of lubricant additives per year.

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

In July 2018, The Chevron Tech Challenge was announced by Chevron Technology Ventures in order to develop latest technology solutions to add value to Chevron operations. This will help to advance technologies that can address business requirement and further commitment to provide safe, reasonable, reliable and cleaner energy.

By End User

• Automotive Sector
• Industrial Sector

In July, GE Power’s announced the merger of GE’S oil with Baker Hughes, it is the only company to bring together digital solutions across the entire spectrum of oil and gas development and industry-leading equipment

Table of Contents: Global Lubricating Oil Additives Market

Market Segment Overview

Global Market by Functional Type
Global Market by Organization Size
Global Market by End-User
Global Market by Application
Global Market by Regions
Global Market Forecast
Key Manufacturers
Price Overview

List of Table:

Table Global Lubricating Oil Additives Market and Growth by Functional Type
Table Global Lubricating Oil Additives Market and Growth by End-Use / Application
Table Global Lubricating Oil Additives Revenue (Million USD) by Vendors
Table Headquarter, Factories & Sales Regions Comparison of Vendors
Table Global Lubricating Oil Additives Market (Million USD) Forecast by Regions
Table Global Lubricating Oil Additives Market Share Forecast by Regions
Table Global Lubricating Oil Additives Market (Million USD) Forecast by Type
Table Global Lubricating Oil Additives Market Share by Forecast Type
Table Global Lubricating Oil Additives Market (Million USD) Forecast by End-Use / Application

List of Figure

Figure Global Lubricating Oil Additives Market Size (Million USD)
Figure North America Market Growth
Figure Europe Market Growth
Figure Asia-Pacific Market Growth
Figure South America Market Growth
Figure Middle East & Africa Market Growth
Figure Global Lubricating Oil Additives Market (Million USD) and Growth Forecast
Figure Global Lubricating Oil Additives Market Volume (Volume) and Growth Forecast

FREE Toc Is Available | Request At https://databridgemarketresearch.com/toc/?dbmr=global-lubricating-oil-additives-market

Market Competitors/ 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

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

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