Lubricant Additives Market Industry Trends, SWOT Study and Forecast to 2029

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Lubricant Additives Market Industry Trends, SWOT
Study and Forecast to 2029
Lubricant Additives Market, By Lubricant Type
(Engine Oil, Hydraulic Oil, Transmission Fluids,
General Industrial Oils, Gear Oil, Metal Working
Fluids, Grease, Others), Function (Dispersants
and Emulsifier, Viscosity Index Improves,
Detergents, Corrosion Inhibitors, Oxidation
Inhibitors, Extreme-pressure Additives, Friction
Modifiers, Others), End-User (Automotive and
Others Transportation, Power Generation, Heavy
Equipment, Metallurgy and Metal Working, Food
Processing, Others), Industry Trends and Forecast
to 2029.
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arket
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Market Analysis and Insights
The lubricant additives market is expected to
witness market growth at a rate of 6.05 in the
forecast period of 2021 to 2028. Data Bridge
Market Research report on lubricant additives
market provides analysis and insights regarding
the various factors expected to be prevalent
throughout the forecast period while providing
their impacts on the markets growth. The
increase in demand for the product for various
industrial applications is escalating the growth
of lubricant additives market. Lubricant
additives refer to the chemical compounds that
are utilized for improving the performance of
lubricants formulations, development of hypoid
gears, steam turbines, marine, rail diesel
engines, modern passengers car engines, and
industrial processing machinery, among other
equipment help to provide performance benefits.
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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 Lubricant Type (Engine Oil, Hydraulic Oil,
  Transmission Fluids, General Industrial Oils,
  Gear Oil, Metal Working Fluids, Grease, Others)
• By Function (Dispersants and Emulsifier,
  Viscosity Index Improves, Detergents, Corrosion
  Inhibitors, Oxidation Inhibitors,
  Extreme-pressure Additives, Friction Modifiers,
  Others)
• By End-User (Automotive and Others
  Transportation, Power Generation, Heavy
  Equipment, Metallurgy and Metal Working, Food
  Processing, 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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