Lubricant Additives Market Share By Top Manufacturers, and Production Forecast till 2027

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Lubricant Additives Market Share By Top
Manufacturers, and Production Forecast till 2027
Lubricant Additives Market, By Function
(Dispersants and Emulsifier, Viscosity Index
Improves, Detergents, Corrosion Inhibitors,
Oxidation Inhibitors, Extreme-pressure Additives,
Friction Modifiers and Others), Lubricant Type
(Engine Oil, Hydraulic Oil, Transmission Fluids,
General Industrial Oils, Gear Oil, Metal Working
Fluids, Grease and Others), End-User (Automotive
and Others Transportation, Power Generation,
Heavy Equipment, Metallurgy and Metal Working,
Food Processing and Others), Country (U.S.,
Canada, Mexico, Brazil, Argentina, Rest of South
America, Germany, France, Italy, U.K., Belgium,
Spain, Russia, Turkey, Netherlands, Switzerland,
Rest of Europe, Japan, China, India, South Korea,
Australia, Singapore, Malaysia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific,
U.A.E, Saudi Arabia, Egypt, South Africa, Israel,
Rest of Middle East and Africa) Industry Trends
and Forecast to 2027
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Market Analysis and Insights
Lubricant additives are chemical compounds used
to enhance the performance of lubricants
formulations, development of hypoid gears, modern
passengers car engines, steam turbines, marine,
rail diesel engines and industrial processing
machinery and other equipment help to offer
performance benefits. Growing automotive
industry, improved emission regulations in
conjunction with fuel economy standards and
growing automotive industry are major factor
driving the growth of the market. Growing demand
for lightweight and fuel efficient military
aircraft for counterterrorism and homeland
security is the major factor to fuel the growth
of the market. Moreover, introduction of dual
clutch transmission in which the gears can be
changed without interrupting the power flow from
engine to the transmission, as the transmission
uses the lubricating fluid to reduce friction and
will create growth opportunities for lubricant
additives market in the forecast period of
2020-2027.
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Image
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Major Key Players

• Some of the major players operating in this
  market are
• BASF SE
• Lanxess AG
• Afton Chemical
• Chevron Corporation
• BRB International
• Evonik Industries AG
• Croda International Plc
• Infineum International Limited
• The Lubrizol Corporation

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lubricant-additives-market
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Market Segmentation

• By Function (Dispersants and Emulsifier,
  Viscosity Index Improves, Detergents, Corrosion
  Inhibitors, Oxidation Inhibitors,
  Extreme-pressure Additives, Friction Modifiers
  and Others)
• By Lubricant Type (Engine Oil, Hydraulic Oil,
  Transmission Fluids, General Industrial Oils,
  Gear Oil, Metal Working Fluids, Grease and
  Others)
• By End-User (Automotive and Others
  Transportation, Power Generation, Heavy
  Equipment, Metallurgy and Metal Working, Food
  Processing and Others)

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rket
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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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