Lubricant Additives Market | Analysis & Trends 2020
“New entrants in the market will have to work towards developing technologically advanced products to build brand equity and create a space for themselves,” states the chief author of this research report.
Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3893
Stringent Emission Norms Play Catalyst in Rising Demand for Lubricant Additives
Stringent regulations that are pushing Europe and North America to reduce emissions to 95 grams (g) of carbon dioxide per kilometer by 2021 have created a huge demand for lubricants, which play a crucial role in maintaining engine efficiency. This trend has thereby propelled a greater demand for lubricant additives, which minimize the wear and tear of machines, act as coolants, reduce the friction, and thus improve the efficiency of vehicles.
Automotive Industry to Accelerate Use of Lubricant Additives to Improve Efficiency of Vehicles
The booming automotive industry will make a significant contribution to the lubricant additives market as manufacturers will work towards meeting the emission standards. With over 30 million vehicle units sold across Asia Pacific in 2013, analysts are predicting that this trend will continue, creating a mammoth demand for lubricant additives. The newer technologies developed by lubricant additive vendors to replace zinc dialkyldithiophosphate (ZDDP) in engine oils will also prove to be an opportunistic ground to grow for this market.
The technological evolution of engine and advancements in lubricant oil chemistry have resulted in tremendous improvements in engine oil drain interval. This factor is expected to reduce the consumption of engine oils in commercial vehicles, which will effectively create a negative effect on the lubricant additives market.
Request to download and view full ToC @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3893
Dispersants Continue to Propel Global Market due to Maximum Consumption
The global lubricant additives market is likely to be led by the dispersants segment during the forecast period of 2014 and 2020. By the end of the forecast period, the dispersants segment is expected to account for 25.55% of the market in terms of volume. Geographically, North America will witness the highest consumption of lubricants additives in terms of volume, accounting for 23.83% by 2020. In light of these progressive statistics, the consumption of lubricant additives will reach 4,934.61 kilo tons by 2020 as compared to 4,334.54 kilo tons in 2015. During the forecast period of 2014 and 2020, the global lubricant additives market is expected to expand at a CAGR of 2.66%.
View Report @ http://www.transparencymarketresearch.com/lubricant-additives-market.html
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 | Analysis & Trends 2020 here
News-ID: 714462 • Views: 134
More Releases from TMR
Pregelatinized starch Market to Witness Steady Growth During the Forecast Period …
Overview TMR’s report on the Pregelatinized starch Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Pregelatinized starch Market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Pregelatinized starch Market over
Grape Seed Oil Market To Increase at Steady Growth Rate
Overview TMR’s report on the Grape seed oil Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Grape seed oil Market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Grape seed
Geraniol Market Forecast By End-use Industry 2017-2025
Overview TMR’s report on the Geraniol Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Geraniol Market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Geraniol Market over the forecast period.
Rice Milk Market Growth, Trends and Value Chain 2015-2025 by TMR
Overview TMR’s report on the Rice milk Market is an all-important tool for market stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Rice milk Market serves as a valuable guide for market stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Rice milk Market over
More Releases for Transparency
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market. While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution Vienna | Research Triangle, NC, USA | Essen, August 09, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when