Recent Analysis on Lubricant Additives Market - PowerPoint PPT Presentation

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Recent Analysis on Lubricant Additives Market

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The Global Lubricating Additives market was $ 17.9 billion in 2017 and is estimated grow with CAGR of 3.09% till 2024 to reach 22 billion. Developing economies and rising industrialization are the major factors driving the lubricant additive market in regions such as APAC, which accounts for around 30% of the lubricant additive demand. – PowerPoint PPT presentation

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Title: Recent Analysis on Lubricant Additives Market


1
The Global Lubricating Additives market was
17.9 billion in 2017 and is estimated grow with
CAGR of 3.09 till 2024 to reach 22 billion.
2
Asia Pacific will have the largest share in the
Lubricant Adhesives Market during the forecast
period due to the development of efficiency norms
along with increase in environmental concerns
about carbon emission in countries such as
China, India, and Japan. The growth of
industrialization and automotive industry are
other factors which drive the growth of
industrial lubricant oil in the region. China is
the largest producer of automobiles and the used
car sales have witnessed a significant growth.
Chinese government is focusing on recycling of
waste lubricants, which is expected to have a
significant growth potential in the coming years.
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3
Selected Regulatory Analysis Done in the Full
Report
he passenger car motor oil will dominate the
Lubricant Additives Market during the forecast
period. The EURO norms which regulate the amount
of NO(Nitrogen Dioxide) and CO(Carbon Monoxide)
will drive the demand for the passenger car motor
oil.The increasing preferences of consumers
towards the use of low viscosity oil is also
responsible for the growth of this segment. In
general industrial oil will have the fastest
growth in the forecast period.
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4
Selected Driving Factors Mentioned in the Full
Report
  • The growth of automotive sales, especially
    passenger cars with high performance will drive
    the demand for motor oil additives in the coming
    years.
  • Strict regulations with regard to the permissible
    amount of CO emission in the atmosphere elevates
    the growth of lubricants and greases.
  • The usage of environmental friendly fuels will
    propel the growth of lubricant additives market
    in the forecast period.
  • Rising industrialization provides many
    opportunities for the lubricant additives market
    in the coming years.

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5
Key Players of the Augmented and Virtual Reality
Content and Application Market
  • Lubrizol Corporation
  • Chevron Oronite Company LLC
  • Infenium
  • And more

Download Sample Report
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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Company Profile
Analyst Briefing
Data Tables
Key Contacts
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7
About IndustryARC
IndustryARC is a research and consulting firm
that publishes more than 500 reports annually in
various industries, such as Agriculture,
Automotive, Automation Instrumentation,
Chemicals and Materials, Energy and Power,
Electronics, Food Beverages, Information
Technology, Life sciences Healthcare. IndustryA
RC primarily focuses on Cutting Edge Technologies
and Newer Applications of the Market. Our Custom
Research Services are designed to provide
insights on the constant flux in the global
demand-supply gap of markets. Our strong analyst
team enables us to meet the client research needs
at a very quick speed with a variety of options
for your business.
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