Global Lubricant Additives Market Size, Share, and Forecast Analysis 2025-2029

Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.

What Are the Lubricant Additives Market Size Forecast for 2025?
In recent times, the market size of lubricant additives has been experiencing consistent growth. The market value is predicted to rise from $18.11 billion in 2024 to $18.79 billion in 2025, reflecting a compound annual growth rate (CAGR) of 3.7%. The historical growth can be credited to development in the automotive industry, heightened industrialization and the use of machinery, strict emission norms, increased preference for synthetic lubricants, emphasis on fuel economy, and lengthened maintenance intervals.

What Is the Market Size Outlook for Lubricant Additives Until 2029?
The market size for lubricant additives is projected to witness consistent expansion in the forthcoming years, reaching a value of $22.79 billion by 2029 with a CAGR of 4.9%. This projected growth during the forecast period can be associated with various factors such as the increased adoption of electric vehicles, the use of bio-based lubricants, ongoing focus on ESG, efforts to curb climate change, urban expansion and development of infrastructure, as well as emphasis on renewable energy sources. Several key trends set to mark the forecast period include the application of digitalization in predictive maintenance, progress in additive technology, nanotechnology research and development, personalized additive solutions, and the rise of e-commerce within the lubricant additives sector.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/lubricant-additives-global-market-report

What Are the Major Factors Driving Demand in the Lubricant Additives Market?
The surge in car sales is anticipated to stimulate the expansion of the lubricant additives market. The automotive industry encompasses a broad spectrum of organizations and companies focused on designing, manufacturing, promoting, and selling motor vehicles. Lubricant additives, which are used in vehicle engines to enhance performance and prolong the life of the lubricant, have seen increased usage in this sector. For example, the European Automobile Manufacturers Association, based in Belgium, reported in May 2023 that the worldwide production of motor vehicles in 2022 saw a significant 5.7% surge, reaching 85.4 million units, compared to 2021. In addition, according to UK-based Brand Finance PLC, the automobile sector accomplished approximately 78 million unit sales in 2022, a robust 10% leap from the previous year, as reported in February 2022. Consequently, this surge in vehicle sales is propelling the lubricant additives market's growth.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9090&type=smp

How Are End-Use Segments Shaping the Lubricant Additives Market Outlook?
The lubricant additives market covered in this report is segmented -

1) By Type: Dispersants, Viscosity Index Improvers, Detergents, Anti-Wear Agents, Antioxidants, Corrosion Inhibitors, Friction Modifiers, Emulsifiers, Other Types
2) By Lubricant Type: Engine Oil, Transmission And Gear Oils, Hydraulic Fluids, Greases, Metal Working Fluids, Other Lubricant Types
3) By End User: Automotive And Transportation, Food Processing, Metal Working, Power Generation, Other End User

Subsegments:
1) By Dispersants: Ashless Dispersants, Metallic Dispersants
2) By Viscosity Index Improvers: Olefin Copolymers, Polyisobutylenes, Styrene-Diene Copolymers
3) By Detergents: Overbased Detergents, Neutral Detergents
4) By Anti-Wear Agents: Zinc Dialkyldithiophosphate (ZDDP), Phosphorus Compounds, Sulfur Compounds
5) By Antioxidants: Phenolic Antioxidants, Aminic Antioxidants, Organosulfur Compounds
6) By Corrosion Inhibitors: Fatty Acid Derivatives, Amines And Amine Salts, Phosphate Esters
7) By Friction Modifiers: Organic Friction Modifiers, Molybdenum Compounds
8) By Emulsifiers: Nonionic Emulsifiers, Anionic Emulsifiers, Cationic Emulsifiers
9) By Other Types: Pour Point Depressants, Foam Inhibitors, Extreme Pressure Additives

What Are the Strategic Trends Transforming the Lubricant Additives Market Landscape?
Significant players in the lubricant additives market such as Infineum International Limited, have been introducing innovative products like the Infineum M8040 additive package, aiming to offer dependable services to their clients. The particular additive package is a single oil solution, tailor-made to boost the operational efficacy of two-stroke engines that run on very low sulfur fuel oil (VLSFO) having less than 0.5% sulfur content. For example, in May 2022, this UK-based chemical firm launched the Infineum M8040 additive package. The package is designed to excel in engine cleanliness, and has received approval for MAN B and W two-stroke engines, including Mark 9 and above. It absolves the necessity to switch between 40 and 100 boron nitride (BN) lubricants, presenting a more efficient and environmentally-friendly alternative for marine engine lubrication.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=9090&type=smp

Who Are the Prominent Companies in the Lubricant Additives Market by ?
Major companies operating in the lubricant additives market include Badische Anilin und Soda Fabrik Societas Europaea SE, Evonik Industries AG, Infineum International Limited, Chevron Oronite, The Lubrizol Corporation, Croda International PLC., Afton Chemical Corporation, Exxon Mobil Corporation, Valvoline Inc., Italmatch Chemicals S.p.A, Vanderbilt Chemicals LLC, Rhein Chemie Corporation, Laxness Corporation, Dover Chemical Corporation, Wuxi South Petroleum Additives, Akzo Nobel, Shell International B.V, China National Petroleum Corporation, Shamrock, Tianhe Chemicals, BRB International, Adeka Corporation, Dorfketal Chemicals (I) Pvt Ltd, Jinzhou Kangtai Lubricant Additives Co. Ltd, King Industries Inc., Multisol Group, RT Vanderbilt Holding Company Inc., Shepherd Chemical, Sinopec Corp., Total S.A., Royal Dutch Shell plc, British Petroleum public limited company

Which Region Is Expected to See the Highest CAGR in the Lubricant Additives Market?
Asia-Pacific was the largest region in the lubricant additives market in 2024. The regions covered in the lubricant additives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Reach Out to Us
Speak With Our Expert:Saumya Sahay,
Americas +1 310-496-7795,
Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:LinkedIn: https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.