openPR Logo
Press release

Friction Modifiers Market Snapshot Analysis and Growth Opportunities, Emerging Trends by 2017 - 2025

09-03-2019 10:53 AM CET | Industry, Real Estate & Construction

Press release from: TMR Research

TMR Research

TMR Research

Global Friction Modifiers Market: Snapshot

The demand within the global market for friction modifiers is increasing on account of the willingness of several industries to experiment with the usage of new materials. Friction modifiers are primarily meant to reduce the friction caused by the rubbing of two or more components, and these modifiers are extremely useful in the automotive industry. It is expected that the successful marketing and promotion of friction modifiers would accelerate demand within the global market for friction modifiers. Furthermore, several quality checks to test the effectiveness of these modifiers have given a seal of credibility to these modifiers. Hence, it is safe to estimate that the demand within the global market for friction modifiers would outdo all the previous marks of demand.

Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3476

The automotive sector is characterised by precision and meticulousness, and the slightest of carelessness could have dire consequences. For this reason, the use of friction modifiers to regulate friction between automobile parts has become a necessity in the contemporary times. Furthermore, the government has given approvals and certifications for the usage of friction modifiers in the automotive industry, and this has further propelled demand within the global market.

On the negative end, the global market for friction modifiers faces stiff competition from the growing popularity of conventional fuels. Furthermore, environmental concerns have brought electric vehicles to the fore, and the growing popularity of these vehicles is expected to be a roadblock for the global friction modifiers market.

Get Discount on Latest Report @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=3476

Geographically, the market for friction modifiers in Europe has been prospering on account of the expansive automotive sector in England, Germany, and France.

Global Friction Modifiers Market: Overview

The global friction modifiers market is foreseen to gain momentum in growth due to its widening scope as a result of the rise of the transportation industry. Increase in the use of lubricants around the world could be one of the vital factors attaining support from the overall growth of the transportation industry. In the near term, market growth is anticipated to increase on the back of swelling demand for friction modifiers in South Korea, India, and other developing nations. Also known as antifriction additives, friction modifiers could improve their demand as strict government regulations offer strong growth prospects.

Friction modifiers could be offered in two main types, viz. inorganic and organic, where the former is foretold to secure a larger share of the global market in the near future. Compared to organic friction modifiers, their inorganic counterpart is said to be economically priced.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=3476

Global Friction Modifiers Market: Trends and Opportunities

Inorganic friction modifiers offering exceptional friction reduction and outstanding performance are envisaged to collect massive demand in the global market. According to a study of market dynamics for friction modifiers, there could be telling growth prospects birthing on account of increasing vehicle parc and expansion of the automotive industry. Furthermore, magnifying demand for fuel-efficient lubricants is prognosticated to set the tone for valuable growth in the world friction modifiers market.

However, increase in the use of alternative fuels and preference for electric vehicles could hamper the demand for friction modifiers. Moreover, there could be an adverse effect on the overall production cost of friction modifiers because of inconsistency in raw material prices. Nonetheless, developments in friction modifier additive technologies and massive research and development investments are prophesied to create a wealth of opportunities in the world friction modifiers market.

Global Friction Modifiers Market: Market Potential

Novel crop enhancement business, Plant Impact Plc was acquired by Croda International Plc after the latter announced the completion of its purchase in March, 2018. Plant Impact is said to report into its acquisitor’s Life Science business following the acquisition. However, taking shape as a subsidiary within Croda Europe, the company will retain its identity after the acquisition, said a press release by Croda. President of Croda Life Sciences, Nick Challoner said that their strategy would be to maximize benefits offered by this integration.

Global Friction Modifiers Market: Regional Outlook

At least until the completion of 2022, Asia Pacific is projected to take over a commanding position of the international friction modifiers market. It could be a larger region of the market taking advantage of favorable situations in prominent countries such as India, South Korea, Japan, and China. Considered as automotive hubs of the region, all of these country-wise markets could prove to be extremely vital for the overall growth of Asia Pacific.

Europe and North America could bank on stringent emission standards required to be followed in the automobile industry. Besides their use in meeting these standards, friction modifiers find application in enabling efficient functioning of lubricants. For automotive and automotive lubricants manufacturing, the usage of fuel-efficient lubricants is mandatory in both the regions.

Global Friction Modifiers Market: Competitive Landscape

Entry of new players seems to be difficult with the need to keep up with current changes and developments in friction modifier technology, which requires vast investments in research and development activities. One of the go-to developmental strategies adopted by leading companies could be market expansion. In order to meet changing consumer demands, companies are expected to focus on launching cost-effective and new materials. Some of the key players of international friction modifiers market are Infineum, Afton, and Lubrizol.

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
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 Friction Modifiers Market Snapshot Analysis and Growth Opportunities, Emerging Trends by 2017 - 2025 here

News-ID: 1829173 • Views: 164

More Releases from TMR Research

Mobile Handset Protection Market Latest Report On Challenges 2025 | SquareTrade, …
Global Mobile Handset Protection Market: Snapshot Today, mobile phones have become integral to everyday functioning in a communication-driven ecosystem. This has necessitated the need for appropriate security measures for protection against device theft, damage, or misuse. Moreover, at the corporate level, the introduction of practices such as enterprise mobility and bring your own device (BYOD) has widened the application scope of smartphones. This has surfaced as a growth opportunity for product
Portable Gas Chromatograph Market Challenges On Upcoming Trends 2025 | Agilent T …
Global Portable Gas Chromatograph Market: Snapshot Applications of gas chromatograph techniques have witnessed a tremendous rise in areas such as production monitoring, research, petrochemical, quality check in the chemicals industry, effluent management in the industrial sector, and forensic science. While the conventional stationary, laboratory desk-top, process at-line and on-line chromatographs of a variety of sizes and configurations are still ubiquitous across key application sectors, the increased need for effective on-field analytical
Video Content Analytics Market 2025 | Cisco (U.S.), ADT security (U.S.), HikVisi …
Global Video Content Analytics Market: Snapshot The global security and surveillance industry is expanding at a massive pace and is transforming from legacy CCTV surveillance systems to fully digital, advanced network-based video surveillance systems. Historical shipment data reveals that over 2 bn security camera are operating across the world at any given time and the numbers are constantly rising. With this exponentially rise in camera numbers, the practice of making use
Intravenous Iron Drugs Market Drivers, End User, Key Players and Challenges by 2 …
Intravenous Iron Drugs Market: Snapshot Iron is one of the most significant minerals required for the correct working of human bodies. Iron insufficiency prompts various medical problems, for example, anemia and could have a grave and direct association with the several of hospitalizations and deaths. The global market for intravenous drugs is foreseen to display a solid CAGR over the report's forecast period attributable to the rising pervasiveness of anemia cases

All 5 Releases


More Releases for Friction

Friction Modifiers Market Commanding Competition 2025
Global Friction Modifiers Market: Overview The global friction modifiers market is foreseen to gain momentum in growth due to its widening scope as a result of the rise of the transportation industry. Increase in the use of lubricants around the world could be one of the vital factors attaining support from the overall growth of the transportation industry. In the near term, market growth is anticipated to increase on the back
Global Friction Modifier Additives Market Research Report
Latest industry research report on: Global Friction Modifier Additives Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report by Future Market Insights on the global friction modifier additive market for the period 2016–2026 presents an outlook of the market across the globe. The primary objective of the report is to offer updates on market opportunities in the global friction modifier additive market. To understand and
Friction Stir Welding Equipment Market 2017-2022
Apex Research, recently published a detailed market research study focused on the "Friction Stir Welding Equipment Market" across the global, regional and country level. The report provides 360° analysis of "Friction Stir Welding Equipment Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Friction Stir Welding Equipment industry, and estimates the future
Coefficient of Friction Test Method of Seeds
In modern agriculture, the selecting, transportation and sowing of seeds are all realized by automatic mechanization, which also makes a great contribution to the increase of output of grains and income of farmers. The coefficient of friction of the seeds against agricultural machinery may influence the working efficiency greatly. The coefficient of friction is one main factor that shall be considered when selecting surface materials of agricultural machinery and determining
New Elesa CMUF 270° adjustable friction hinge
The new Elesa CMUF 270° hinge offers a simple way of supporting flaps, panels, hatches and doors in a desired position against the effect of gravity or limited external forces. The CMUF adjustable friction hinge can in some instances negate the need for hatch springs or gas struts. The CMUF allows for simple friction adjustment with use of an axially mounted hex socket screw to suit varying circumstances on enclosures
Cardanol, Coatings, Friction
Satya Cashew Chemicals P,Ltd. specializes in cashew nuts. It is a leading manufacturer and exporter of the products cardanol, friction dust, phenolic liquid resins used in coatings, resin and friction material industries. SCCPL develops & manufactures products that play a key role in brake linings, disc pads, clutch facings, brake blocks, surface coatings, laminates and various other applications. The Satya Cashew chemicals (P)LTD SCCPL, it is a leading manufacturer and exporter