Europe Lubricating Oil Additives Market Increasing Economy and Rate of strategic Growth By 2019: Key Players are Infineum, BRB International BV, Celanese, Chevron, Eastman Chemical Company, LANXESS, BASF, Eni, Baker Hughes, a GE company, Evonik, Clariant

Europe Lubricating oil additives market research analysis and data lend a hand to businesses for the planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Besides this, market drivers, market restraints, opportunities and challenges are evaluated under market overview which gives valuable insights to businesses for taking right moves. Not to mention, the numerical data, statistical data, facts and figures are represented very well in the Europe Lubricating oil additives report by using charts, graphs and tables so that users can have best understanding. Company market share analysis and key company profiles are the major aspects of competitive analysis.

Europe Lubricating oil additives market is growing at a CAGR of 3.0% in the forecast period 2019 to 2026.

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Lubricating oil additives are the substances that are mainly used to enhance functional fluids and lubricants performance. Each of the additives is added to improve the functioning of one or more additives combined together. Largest use of such lubricating additives is in automotive engine which includes other applications such as hydraulic fluids and gear oils. Some of the major functional additives are detergents, oxidation inhibitors, anti-wear agents, viscosity index improvers and extreme pressure additives etc.

The lubricative oil additives are mainly used in automotive and other industrial applications with customer satisfaction, technical support and flexibility. These additives impart new properties that influence the base oil performance. The best market growth of this market will be most probably in Asia Pacific market in coming future. They are also consumed in auto vehicle industry with mandatory regulations and emission control.

Market Segmentation: Europe Lubricating Oil Additives Market

Europe Lubricating oil additives market is segmented into three notable segments which are functional type, application and end user.

On the basis of end user, the market is segmented into industrial and automotive. Automotive is further segmented into heavy-duty vehicles, passenger car and other.

In October, the company launched a new range of high performance thermostable pigments under the brand name CATHAYTHERM for thermosetting & thermoplastics applications.

On the basis of functional type, the market is segmented into anti-wear agents, detergents, dispersants, viscosity index improvers, anti-oxidants, extreme pressure additives, rust and corrosion inhibitors, pour point depressants (PPD), emulsifiers, friction modifiers, oxidation inhibitors and others.

In November 2018, The Lubrizol Corporation launched flexible, soft and high-Performing Estane 3DP TPU at Formnext 2018. The product will bring advanced, supportable and flexible choices to the 3DP market.

On the basis of application, the market is segmented into industrial oil, metalworking fluid, and process oil, engine oil, and gear oil, hydraulics fluid and other.

In September, Clariant and SABIC signed governance agreement defining long term commitment of SABIC as a shareholder with a 24.99% stake that will help in increasing the rate of strategic growth of the company.

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Key Players: Europe 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.

Business Expansion:

In January 2017 Changzhou Longyu Pigment Chemical CO., LTD. Expanded the South America sale network by entering in Argentina by opening a sales office. Argentina with an increasing economy in the year was one of the best places to invest.

Table of Content: Europe Lubricating Oil Additives Market

Section 1 Europe Lubricating Oil Additives Definition

Section 2 Europe Lubricating Oil Additives Major Player Share and Market Overview

Section 3 Major Player Europe Lubricating Oil Additives Business Introduction

Section 4 Europe Lubricating Oil Additives Segmentation

Section 5 Europe Lubricating Oil Additives Market Segmentation (Type Level)

Section 7 Europe Lubricating Oil Additives Market Forecast

Section 8 Europe Lubricating Oil Additives Segmentation Type

Section 9 Europe Lubricating Oil Additives Segmentation Industry

Section 10 Europe Lubricating Oil Additives Cost Analysis

Section 11 Conclusion

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