Press release
Lubricant Additives Market Insights Industry Analysis and Forecasts
Lubricant Additives Market
Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/1405
Market Overview
The global lubricant additives market was valued at $18.3 billion in 2020 and is projected to reach $31.3 billion by 2030, growing at a CAGR of 3.7% from 2021 to 2030.
Key Growth Drivers:
- Automotive Industry Demand: The rising need for efficient lubricants in the automotive sector.
- Environmental Regulations: Strict emission norms encouraging the use of advanced additives.
Challenges:
- Crude Oil Price Volatility: Fluctuating prices of crude oil affecting production costs.
Opportunities:
- Emerging Economies: New growth opportunities in developing regions.
Market Segmentation
By Type:
- Dispersants: Largest share in 2020 (over one-fourth). Essential for additive packages in both automotive and industrial sectors.
- Antioxidants: Expected to grow at the highest CAGR of 4.7%. Improves base oil's oxidative resistance, enhancing lubricant performance at higher temperatures.
By Application:
- Automotive Lubricant Additives: Dominant segment with over two-thirds market share in 2020. Driven by automotive advancements and increased vehicle production.
- Industrial Lubricant Additives: Forecasted to have the highest CAGR of 4.0%, due to industrial growth and energy-efficient applications.
Regional Insights
- Asia-Pacific: Leading the market with over one-third share in 2020. Expected to maintain dominance with a CAGR of 3.9%, supported by a strong consumer base and presence of key players.
- LAMEA & North America: Significant contributors to the market.
Leading Companies
- BASF SE
- Evonik Industries AG
- Infineum International Limited
- Chevron Oronite Company LLC
- Chemtura Corporation
- The Lubrizol Corporation
- Croda International PLC
- Afton Chemical Corporation
- Vanderbilt Chemicals LLC
- Rhein Chemie Corporation
𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/lubricant-additives-market
Contact:
David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Lubricant Additives Market Insights Industry Analysis and Forecasts here
News-ID: 3559245 • Views: …
More Releases from Allied Market Research (AMR)
Cleanroom Disposable Gloves Market Competition Strategies: Gaining an Edge by 20 …
The global cleanroom disposable gloves market is witnessing robust growth, primarily driven by the surging demand from the electronics industry, particularly semiconductor and flat panel manufacturing. Cleanroom environments require stringent contamination control, making disposable gloves a critical component across multiple high-precision industries.
According to a report published by Allied Market Research, titled "Cleanroom Disposable Gloves Market by Material Type and End Use: Global Opportunity Analysis and Industry Forecast, 2023-2032", the market…
Carbon Fiber Market Perspectives: Insightful Trends & Analysis for 2032
The global carbon fiber market is witnessing robust growth, driven primarily by the rising penetration of carbon fiber components in the automotive sector and stringent government regulations aimed at reducing carbon emissions. Carbon fiber's exceptional strength-to-weight ratio and durability make it a critical material in lightweighting initiatives across multiple industries.
According to Allied Market Research, the global carbon fiber market generated $5.5 billion in revenue in 2022 and is projected to…
Plastic Water Storage Systems Market Outlook 2033 High‐Growth Segments and Eme …
The report provides both quantitative and qualitative analysis of the global plastic water storage system market from 2024 to 2033, aimed at helping stakeholders gain a clear understanding of the industry's current state. It includes an examination of regional and global markets. All data related to the industry is thoroughly reviewed and validated by industry experts.
According to the study by Allied Market Research, the global plastic water…
Copper Abietate Market Outlook 2033 Focus Areas and Growth Opportunities
The copper abietate market study provides an in-depth evaluation of the industry's revenue potential, growth trajectory, and global footprint, while closely tracking regional performance trends. It delivers a qualitative assessment of key market dynamics, examining their immediate influence on market size, economic conditions, regulatory frameworks, growth prospects, and the strategic initiatives adopted by leading players. In addition, the report features a detailed company profiling section that highlights corporate overviews, executive…
More Releases for Lubricant
Food Grade Machinery Lubricant
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Food Grade Machinery Lubricant- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few…
Agricultural Lubricant Market Report Analysis, Research Studies | Pennine Lubric …
DataM Intelligence has published a new research report on "Agricultural Lubricant Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF -…
Aerospace Lubricant Market Growing Rapidly by - British Petroleum, Exxon Mobil, …
DataM Intelligence has published a new research report on "Aerospace Lubricant Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF -…
Agricultural Lubricant Market 2024 Size, Global Report till 2031 | Exxon Mobil C …
A new Report by DataM Intelligence, titled "Agricultural Lubricant Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031,"" offers a comprehensive analysis of the industry, which comprises insights on the Agricultural Lubricant market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts, as well as insightful analysis. The Agricultural Lubricant market has…
Recycled Lubricant Market: Explosive Growth
The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Recycled Lubricant market. It includes Porter's Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Recycled Lubricant Market. We have provided deep analysis of the vendor landscape to give you a…
Malaysia Automotive Lubricant Market
Automotive Lubricants Market in Malaysia is driven by the Growth in Number of Passenger Vehicles on Road and the rapidly increasing demand for High Performing Lubricants Despite their premium pricing: Ken Research
Increase in income level generally in urban areas contributing towards increasing demand for Passenger Vehicles and a shift in preference to expensive synthetic and semi-synthetic lubricants have driven the market for Automotive Lubricants industry in recent years.
A Significant growth…
