Lubricating Oil Additives Global Market Key Players - The Lubrizol Corporation Company, Infineum International Limited, Afton Chemical

Market Overview
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.
The demand for oil additives in various industrial sectors have been increasing but the one sector that is focused the most is automotive one.
Engine oil lubricants are the one that make almost one half of the lubricant market and therefore have much more demand. They mainly extend the life of automobiles under many conditions such as pressure, temperature and speed. The main wok of lubricants is to reduce friction and heat from the moving parts of vehicles and also prevents various contaminants from doing any damage.
Lubricating oil additives were firstly used in 1920s resulting in increased usage. All types of lubricating oil contain at least one additive.
Global Lubricating oil additives market is projected to register a healthy CAGR of 3.5% in the forecast period of 2019 to 2026.

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The Lubricating Oil Additives Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new Lubricating Oil Additives Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to Lubricating Oil Additives Market.

Some of the major players operating in this market are The Lubrizol Corporation Company, Infineum International Limited, Afton Chemical, Chevron Corporation, Evonik and others.
Business Expansion:
• In November 2018, GE Power’s announced the opening the opening of their Biotechnology manufacturing centre in Stevenage Bioscience Catalyst. It is planned that in the first half of 2019 this unit will start producing fibre-based purification platform.

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How will this Market Intelligence Report Benefit You?
1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
2. Exclusive insight into the key trends affecting the Lubricating Oil Additives’ industry, although key threats, opportunities and disruptive technologies that could shape the Global Lubricating Oil Additives’ market supply and demand.
3. The report tracks the leading Market players that will shape and impact the Global Lubricating Oil Additives’ Market most.
4. The data analysis present in the Lubricating Oil Additives’ Market report is based on the combination of both primary and secondary resources.
5. The report helps you to understand the real effects of key Market drivers or retainers on Lubricating Oil Additives’ Market business.

Global Lubricating Oil Additives Market Scope and Market Size
Global Lubricating oil additives market is segmented into three notable segments which are functional type, application and end user.
• 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.
o 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.
• 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.
o 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.
• 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.
o 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

Based on regions, the Lubricating Oil Additives Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The report covers major aspects:
• Various economic factors that are significant in determining the Lubricating Oil Additives Market trend, buying decisions and Market attractiveness are being analysed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the Lubricating Oil Additives Market growth.

Strategic Points Covered in Table of Content of Global Lubricating Oil Additives Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Lubricating Oil Additives Market
Chapter 2: Exclusive Summary – the basic information of Lubricating Oil Additives Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting Lubricating Oil Additives Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of Lubricating Oil Additives Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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