Press release
Extreme Pressure Additives Market is expected to show growth from 2024 to 2030, reported by Maximize Market Research.
Global Extreme Pressure Additives Market size is expected to grow at a CAGR of 2.7 % throughout the forecast period, reaching nearly USD 2.91 Bn. by 2030.๐๐ฑ๐ญ๐ซ๐๐ฆ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Extreme pressure additives are used in lubricants to decrease wear and tear of the parts of the gearboxes, automotive engines and hydraulic units, which are exposed to very high pressure. The additives is added to cutting fluids for machining metals. The additives contain phosphorus, organic sulfur, and chlorine compounds to react during the high-pressure conditions. Rising demand for automotive and high-performance lubricating oils, particularly in the commercial sector, drives market growth, while highly reactive metal surfaces may hinder progress. The extreme pressure additives market is driven by rising global demand for passenger vehicles, with significant growth in regions like the US, Mexico, and the UK. As automobile users seek high-performance engines, the need for specialized lubrication to withstand high pressure and prevent wear increases. This trend boosts demand for extreme pressure additives, especially for lightweight engines. Additionally, advancements in vehicle lubrication technology are creating new opportunities in the global market, contributing to the overall growth of the industry.
Key major players are the Afton Chemical, Chevron Oronite, BASF, Evonik Industries, and Lubrizol, etc. Asia Pacific dominates the metal cutting fluids market, driven by industrial growth in India, China, and South Korea. Extreme pressure additives enhance lubricating and anti-friction properties. Government initiatives in China and India boost the automotive and industrial sectors. North America and Europe are projected to see moderate growth, supported by major lubricant manufacturers.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/80153/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐ฑ๐ญ๐ซ๐๐ฆ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/80153/
๐๐ฑ๐ญ๐ซ๐๐ฆ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Chlorinated Paraffin
Sulphurized Fats
Other Type
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Automotive
Iron and Steel
๐๐จ ๐๐๐ฅ๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/80153/
๐๐ฑ๐ญ๐ซ๐๐ฆ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฅ๐๐๐๐๐ซ๐ฌ
Afton Chemical
Chevron Oronite
BASF
Evonik Industries
Lubrizol
Lanxess
Infineum
Croda
BRB International
Total
Other
๐๐ฅ๐๐๐ฌ๐ ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ๐๐๐ฒ ๐ญ๐จ ๐๐ฎ๐ฒ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ : https://www.maximizemarketresearch.com/market-report/global-extreme-pressure-additives-market/80153/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฑ๐ญ๐ซ๐๐ฆ๐ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
Which region has the largest share in Global Extreme Pressure Additives Market?
What is the growth rate of Global Extreme Pressure Additives Market?
What is scope of the Global Extreme Pressure Additives Market report?
Who are the key players in Global Extreme Pressure Additives Market?
What is the study period of this Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Extreme Pressure Additives Market Size and Competitive Landscape
Past Pricing and price curve by region
Extreme Pressure Additives Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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