Press release
Driveline Additives Market to Surge at 5.2% CAGR, Reaching US$ 17.43 Billion by 2034
The global driveline additives market is poised for significant expansion, with its value projected to increase from US$ 10,496.1 million in 2024 to US$ 17,425.5 million by 2034, reflecting a steady compound annual growth rate (CAGR) of 5.2% over the forecast period.Driveline additives represent important chemical compounds in use in the modern automotive and industrial applications with a purpose to enhance gear component operating performance and lifetimes of the systems.
Additives for lubrication characteristics enhancement as well as for reduction in friction, wear, prevention, and optimal conditions are maintained at working with respect to diverse applications of the driveline system. The market has been transformed tremendously with the automobile industry.
For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4465
Key Takeaways from Market Study:
1. The global driveline additives market was valued at US$ 10,496.1 million in 2024.
2. The market is projected to expand at a CAGR of 5.2% and reach US$ 17,425.5 million by 2034.
3. North America holds a significant share of the global market due to rising automotive production and adoption of advanced transmission systems.
4. Passenger cars continue to be the primary application segment for driveline additives.
5. The demand for friction modifiers and viscosity index improvers is increasing due to their performance-enhancing benefits.
Leading Players Driving Innovation in the Driveline Additives Market:
AB Petrochem Pvt. Ltd.; Afton Chemical Corporation; BASF SE; BRB International B.V.; Chevron Oronite Company, LLC.; Evonik Industries; Infineum International Ltd.; Lubrilic Corporation; The Lubrizol Corporation; Vanderbilt Chemicals, LLC.; VPS Lubricants; Other Market Players.
Market Dynamics and Growth Drivers:
Growing demand for high-performance vehicles, increasing automotive production, and the shift towards fuel-efficient and low-emission technologies are key factors driving the demand for driveline additives.
The market is also benefiting from advancements in additive technology and the development of specialized solutions for electric and hybrid vehicles. Additionally, rising awareness about vehicle maintenance and the importance of driveline efficiency is promoting additive usage in both OEM and aftermarket segments.
Regional Insights:
North America continues to dominate the global market, holding a robust share of 24.9% in 2024. The region is expected to maintain its lead owing to advanced automotive infrastructure and high adoption of synthetic lubricants. Meanwhile, East Asia is emerging as a lucrative market, propelled by increasing vehicle production, urbanization, and industrial growth across countries like China and Japan.
Browse Full Report: https://www.factmr.com/report/4465/driveline-additives-market
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the Driveline Additives Market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.
The driveline additives market is segmented based on type, application, additive, and region. By type, the market is divided into transmission fluid additives and gear oil additives. In terms of application, driveline additives are used in passenger cars, commercial vehicles, and off-highway vehicles.
Based on additive type, the market includes dispersants, viscosity index improvers, detergents, anti-wear agents, antioxidants, corrosion inhibitors, friction modifiers, emulsifiers, and other additives. Regionally, the market spans North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa.
Check out More Related Studies Published by Fact.MR Research:
Automotive Additives Market - https://www.factmr.com/report/308/automotive-additives-market
Specialty Fuel Additives Market - https://www.factmr.com/report/268/specialty-fuel-additives-market
Specialty Feed Additives Market - https://www.factmr.com/report/4470/specialty-feed-additives-market
Contact Us:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team : sales@factmr.com
About Us:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.
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 Driveline Additives Market to Surge at 5.2% CAGR, Reaching US$ 17.43 Billion by 2034 here
News-ID: 4098857 • Views: …
More Releases from Fact.MR Market Research

Undecylenic Acid Market Is Expected To Grow At A CAGR Of 4% During The Forecast …
Undecylenic acid, an unsaturated fatty acid derived from castor oil, is recognized for its antifungal properties. It is widely used in medical treatments for skin infections, as well as in the production of cosmetics and personal care products. The market is projected to witness higher single-digit growth globally during the forecast period, with regions like North America and Europe leading in volume, while the Middle East and Africa (MEA) are…

Whey Cheese Market to Reach USD 21.6 Billion by 2035 Amid Rising Demand for Func …
The global whey cheese market is witnessing remarkable growth, driven by increasing consumer preference for protein-rich, functional, and sustainable dairy products. According to recent research, the market is expected to reach USD 21.6 billion by 2035, up from USD 10.5 billion in 2024, marking a robust compound annual growth rate (CAGR) of 6.8% during the forecast period from 2025 to 2035.
Rising Demand for Functional and Protein-Rich Foods Fuels Market Expansion
The…

Enzyme-Enhanced Ingredients Market to Reach USD 11,657 Million by 2035, Driven b …
The global enzyme-enhanced ingredients market is poised for remarkable growth, with the industry projected to reach USD 11,657 million by 2035, up from USD 5,955 million in 2024. This expansion is expected to occur at a robust compound annual growth rate (CAGR) of 6.5% between 2025 and 2035.
The surge in demand is primarily driven by the rising adoption of enzyme-based solutions across food, beverage, and nutraceutical industries, alongside an…

Glycine Market Set to Reach USD 2,825.8 Million by 2035, Driven by Expanding App …
The global glycine market is poised for remarkable growth over the next decade, with market value projected to surge from USD 1,356.4 million in 2024 to USD 2,825.8 million by 2035.
During the forecast period from 2025 to 2035, the industry is expected to expand at a robust CAGR of 6.9%, reflecting the increasing demand for this versatile amino acid across multiple end-use sectors. Glycine, the simplest amino acid, is…
More Releases for Additives
Chemical Additives: A Cornerstone of Innovation in the Construction Additives Ma …
The construction industry is constantly evolving, demanding materials and techniques that offer enhanced performance, durability, and sustainability. Construction additives play a crucial role in meeting these demands, and within this market, the chemical segment presents a particularly high-opportunity area. These specialized chemicals enhance the properties of concrete, mortar, and other construction materials, leading to improved workability, strength, and longevity.
Market Dynamics and Growth Drivers
The global construction additives market is…
Rubber Additives Market Report 2024 - Rubber Additives Market Dynamics, Growth A …
"The Business Research Company recently released a comprehensive report on the Global Rubber Additives Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Silicone Additives Market Leaders Unveil New Strategies to Capitalize on Silicon …
latest recently released a research report titled global Silicone Additives Market insight, forecast to 2024 -2030, which assesses various factors influencing its trajectory. The report presents a high-quality, accurate, and comprehensive research study to provide players with valuable insights for making strategic business decisions. The research analysts have conducted an in-depth segmental analysis of the global Silicone Additives market based on type, application, and geography. The vendor landscape is also…
Feed Additives Market Feeding Efficiency: The Feed Additives Revolution in Anima …
Feed Additives Market worth $69.31 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Feed Additives Market- (By Type (Phosphates, Amino Acids, Vitamins, Acidifiers, Carotenoids, Enzymes, Flavors & Sweeteners, Mycotoxin Detoxifiers, Minerals, Antioxidants), By Form (Dry, Liquid), By Source (Synthetic, Natural), By Livestock (Poultry, Ruminants, Swine, Aquatic animals, Other livestock)), Trends, Industry Competition Analysis,…
Hot/Warm Mix Additives to Increase Asphalt Additives Demand by 1.6x Through 2027
The global asphalt additives market is projected to grow at a healthy CAGR of over 5% till 2027, says Fact.MR.
Click here to Get Complete Synopsis of the Report – https://www.factmr.com/report/4413/asphalt-additives-market
Out of every hundred kilometers of newly paved roads constructed worldwide - an estimated 40 kilometers of roads are asphalt based. Road infrastructure is one of the key priorities of governments, and close to 35% of worldwide infrastructure investment is…
Automotive Additives Market
Increasing number of automotive manufacturers are using plastics in the car. This trend of using plastic is also increasing as it helps in reducing the weight of the car. Hence, automotive addictive manufacturers are producing anti-scratch additives that can be used for interior and exterior applications. Manufacturers are also significantly investing in order to increase the speed and reduce production time involved in additive manufacturing.
Get detailed COVID-19 impact analysis…