Lubricating Oil Additives Market 2024- Market drivers, Growth Rate, Risks, Opportunities, Import/Export, Manufacturers
Get a free sample copy of this report @ https://www.psmarketresearch.com/market-analysis/lubricating-oil-additives-market/report-sample
Lubricating oil additives are organic or inorganic materials that are dissolved or suspended as solids in lubricating oils to impart special properties to them. These vary according to the type, application, and requirement of lubricants. These additives help improve the existing properties and suppress the undesirable properties of base oils, in addition to providing them special properties. Materials that help enhance existing base oil properties include anti-foaming agents, corrosion inhibitors, and antioxidants, while the ones that help suppress the undesirable properties of base oils include pour-point depressants (PPDs) and viscosity index improvers. Besides, detergents, extreme-pressure (EP) additives, and emulsifiers impart new properties to base oils.
Viscosity index improvers are large-sized polymer additives used during the blending of multi-grade engine oil, primarily to prevent the thinning out of the oil (viscosity loss) as the temperature increases. Olefin copolymers are the most common types of viscosity index improvers available in the market. The demand for these additives is increasing in the lubricating oil additives market owing to their key role in reducing wear and improving fuel economy by maintaining oil flow at low temperatures.
Regulations targeting fuel economy and emissions are resulting in formulation changes and affecting additive selection and usage. These include increasing utilization of low-viscosity materials and strict monitoring of chemical limits in automotive fuels and additives. Moreover, specification upgrades are leading to the increased and mandatory use of antioxidants and dispersants. Besides, economic development and industrialization are resulting in increased demand for these additives for industrial applications. Altogether, these factors are supporting the growth of the lubricating oil additives market.
Browse a overview of this report @ https://www.psmarketresearch.com/market-analysis/lubricating-oil-additives-market
Some of the major players operating in the global lubricating oil additives market are Afton Chemical Corporation, BASF SE, Chevron Oronite Company LLC, Croda International Plc, Evonik Industries AG, Infineum International Limited, LANXESS Group, Shamrock Shipping & Trading Ltd., The Lubrizol Corporation, and Tianhe Chemicals Group. Among these, Chevron Oronite Company LLC, Afton Chemical Corporation, The Lubrizol Corporation, and Infineum International Limited, together, accounted for more than 60.0% share in the lubricating oil additives market in 2017.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Toll-free: +1-888-778-7886 (USA/Canada)
This release was published on openPR.
Permanent link to this press release:
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 Lubricating Oil Additives Market 2024- Market drivers, Growth Rate, Risks, Opportunities, Import/Export, Manufacturers here
News-ID: 1705553 • Views: 251
More Releases from PS Intelligence
High-Purity Alumina Market Growth Factors, Applications, Regional Analysis, Key …
The major trend being witnessed in the global high-purity alumina market is the growing investments by market players in new plants for product manufacturing. Besides, investments are being focused upon the expansion of existing production units and the modernization and upgradation of aging facilities. This increase in investments for enhancing the production of alumina is expected to result in the greater availability of the product to meet the growing demand
Phosphate Fertilizers Market 2019: Report Highlights The Competitive Scenario Wi …
Phosphorus is an important element for plants growth as it aids in root development, seed development, and plant maturation. Farmers and gardeners apply phosphate-based fertilizer to soil and plants to boost local phosphorus levels. Young plants are especially vulnerable to deficient phosphorus levels, however almost every plant needs it to maintain healthy growth. Modern farming is fully dependent on inorganic fertilizers containing phosphorus so as to maximize the production of
Antimicrobial Coatings Market Prediction by 2024 – Worldwide Top Players Analy …
Antimicrobial coatings are used for protecting surfaces from micro-organisms such as bacteria, parasites, fungi and germs. These coatings contain an antimicrobial agent that inhibits the ability of microorganisms to grow on the surface of a material. The coatings are typically applied to walls, door handles, counters, vents, many other surfaces. These can also be sprayed onto gloves, textiles, masks, and carpeting. The antimicrobial coatings market is driven by expansion of
Bio Alcohol Market Analysis, Growth Opportunities and Recent Trends by Leading M …
Bio alcohol is a sustainable organic chemical that can be used as fuels in several engines. It is produced by the action of microorganisms and enzymes during the fermentation process of sugars or starches. It is co friendly in nature and used in applications such as transportation as an alternative to gasoline. The bio alcohol market is driven by increase in scarcity of nonrenewable resources and rise in crude oil
More Releases for International
ATEQ's International Interns
As summer comes to a close and students are beginning to go back to school, ATEQ will have to say goodbye to its summer interns. This summer, ATEQ was honored to host two international interns. “ATEQ has always prided itself on being a global company, having more than forty locations around the world. But you don’t have to leave ATEQ USA to meet employees from other countries. Dozens
ONMA Online Marketing International
A good advise is very important to resolve marketing obstacles the best way. With a versed assistant like ONMA you can work towards your targets. Our clients apply professional analysis and target-oriented optimization projects. We are knowledgable in all areas, from web design and SEO to content and usability. ONMA is your partner for optimization that leads to fruitful online marketing. ONMA Online Marketing International Winfried Wengenroth Dept 706, 19-21 Crawford Street London W1H
International Oncology Summit
Allied Academies invites all the participants from all over the world to attend 'International Oncology Summit’ during November 27-28, 2017 in Atlanta, Georgia, USA which includes prompt keynote presentations, Oral talks, Poster presentations and Exhibitions. This Summit has the platform to fulfill the prevailing gaps in the transformation of this science of hope, to serve promptly with solutions to all in the need. International Oncology Summit will have an anticipated
International Business Diversification
In line with this year’s goal of diversifying the business BPOut also expanded its international activities: In addition to the new business location in Dubai, in collaboration with the Engineering Centre Airbus Russia (ECAR) the first BPOut project in Moscow takes place. The aim is to increase the productivity and quality and to ensure compliance with regulations and requirements. In order to achieve this, BPOut develops the concepts and implements solutions
GrandArtClub becomes international
Dear art lovers, following the opening of our english version of GrandArtClub.com we are now accessible to customers all over the world. Not only is it possible for international users to browse the site – our services have been expanded to galleries in Europe, thus preparing the next step of making it available for galleries worldwide. The art platform strongly increases the visibility and international presence for galleries and art-dealers, offers
CORPORATE PARTNERS international and DEMTECH International
CORPORATE PARTNERS international (CPi) forms a strategic alliance with Dem Tech (Spain) to provide direct sales and market access to Southern Europe and Latin American markets for CPi clients and to provide North American market access to Dem Tech clients. Toronto, ON (August 11, 2010) –CORPORATE PARTNERS international, a boutique Canadian based supplier of international sales and M&A services to technology companies , announced today a formal partnership