Press release
Lubricant Additives Market - Global Outlook & Forecast 2022-2027
APAC was the third largest and fastest growing market for lubricant additives. The region was led by China, India, and South Korea, where lubricant additives product is witnessing a surge in demand from the automotive & transportation sectors, increasing mining activities, and the manufacturing & machinery sector driven by the increasing regulation to reduce carbon emissions. In addition, the implementation of manufacturing-friendly policy such as "Vocal for Local" and "Make in India" that intends to promote industrial output in India is offering domestic players to expand their footfall in the lubricating oil additives market.Key Vendors
BASF
Lanxess
The Lubrizol Corporation
Solvay
Chevron Oronite (Chevron Corporation)
Other Prominent Vendors
King Industries, Inc
DOUBLE BOND CHEMICAL. IND CO., LTD
Evonik
Chetas Biochem
Liqui Moly Gmbh
Ganesh Benzoplast
Shenyang Skychen Chemical Co., Ltd
Clariant
Croda International Plc
Market Segmentation by Type
Dispersant
Detergent
Oxidation Inhibitors
Anti-Wear Agent
Friction Modifiers
Others
Market Segmentation by Application
Automotive Fluid
Industrial Fluid
Driveline Fluid
Market Segmentation by Region
North America
US
Canada
Europe
Germany
Italy
France
UK
Russia
Rest Of Europe
APAC
China
India
Japan
Australia
South Korea
Rest of APAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
South Africa
Saudi Arabia
UAE
Rest of The Middle East & Africa
TABLE OF CONTENT
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 MARKET OVERVIEW
6.2 MARKET DYNAMICS: KEY TRENDS, DRIVERS & RESTRAINTS
6.2.1 MARKET OPPORTUNITIES
6.2.2 MARKET DRIVERS
6.2.3 MARKET RESTRAINTS
6.3 SEGMENT ANALYSIS
6.3.1 INSIGHTS BY TYPE
6.3.2 INSIGHTS BY APPLICATION
6.3.3 GEOGRAPHICAL ANALYSIS
6.4 COMPETITIVE LANDSCAPE
6.4.1 COMPANIES & STRATEGIES
6.4.2 RECENT DEVELOPMENTS
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 EXPORT & IMPORT ANALYSIS OF LUBRICANT ADDITIVES
8.2 EVOLUTION OF LUBRICANT ADDITIVES
8.3 EVOLVING ELECTRIC & HYBRID VEHICLES
8.4 VALUE CHAIN ANALYSIS
8.4.1 OVERVIEW
8.4.2 RAW MATERIAL SUPPLIERS
8.4.3 MANUFACTURERS
8.4.4 DISTRIBUTORS
8.4.5 LUBRICANT PRODUCERS
8.4.6 END-USERS
9 MARKET OPPORTUNITIES & TRENDS
9.1 INCREASE IN DEMAND FOR VEHICLES IN EMERGING ECONOMIES
9.2 INDUSTRIAL EXPANSION IN APAC
9.2.1 CHINA
9.2.2 INDIA
9.2.3 SINGAPORE
9.3 ADVENT OF BIO-BASED LUBRICANTS
10 MARKET GROWTH ENABLERS
10.1 GROWTH IN DEMAND FOR MULTIFUNCTIONAL LUBRICANT ADDITIVES
10.2 INCREASE IN DISPOSABLE INCOME
11 MARKET RESTRAINTS
11.1 VOLATILITY IN CRUDE OIL PRICES
11.2 HIGHLY FRAGMENTED MARKETPLACE
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.2.1 VALUE
12.2.2 VOLUME
12.3 MACROECONOMIC FACTORS THAT AFFECT GLOBAL LUBRICANT ADDITIVES MARKET
12.3.1 AUTOMOTIVE INDUSTRY
12.3.2 POWER INDUSTRY
12.3.3 CONSTRUCTION INDUSTRY
12.3.4 MINING INDUSTRY
12.3.5 MARINE INDUSTRY
12.3.6 CONCLUSION
12.4 FIVE FORCES ANALYSIS
12.4.1 THREAT OF NEW ENTRANTS
12.4.2 BARGAINING POWER OF SUPPLIERS
12.4.3 BARGAINING POWER OF BUYERS
12.4.4 THREAT OF SUBSTITUTES
12.4.5 COMPETITIVE RIVALRY
13 TYPE
13.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
13.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
13.3 MARKET OVERVIEW
13.4 DISPERSANT
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.4.3 MARKET BY GEOGRAPHY
13.5 DETERGENT
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.5.3 MARKET BY GEOGRAPHY
13.6 OXIDATION INHIBITORS
13.6.1 MARKET OVERVIEW
13.6.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.6.3 MARKET BY GEOGRAPHY
13.7 ANTI-WEAR AGENT
13.7.1 MARKET OVERVIEW
13.7.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.7.3 MARKET BY GEOGRAPHY
13.8 FRICTION MODIFIER
13.8.1 MARKET OVERVIEW
13.8.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.8.3 MARKET BY GEOGRAPHY
13.9 OTHERS
13.9.1 MARKET OVERVIEW
13.9.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.9.3 MARKET BY GEOGRAPHY
14 APPLICATION
14.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
14.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
14.3 MARKET OVERVIEW
14.4 AUTOMOTIVE
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
14.4.3 MARKET BY GEOGRAPHY
14.5 INDUSTRIAL
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
14.5.3 MARKET BY GEOGRAPHY
14.6 DRIVELINE FLUID
14.6.1 MARKET OVERVIEW
14.6.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
14.6.3 MARKET BY GEOGRAPHY
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