Organic Friction Modifier Additives Market Forecast (2022-2027)

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Organic Friction Modifier Additives
MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
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• The organic friction modifier additives market
  globally is forecast to reach US 590 million by
  2027 growing at a CAGR of 4.8 during 2022-2027.
  Organic friction modifier additives find their
  extensive uses for reducing friction and
  increasing lubricity in various automobile
  applications such as engine oils, clutch
  applications, transmissions, etc. The automobile
  industry is booming globally with increasing
  production and sales of automobiles and this will
  drive the growth of the market in the forecast
  period.

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• Key Takeaways
• The polymers additives are leading the organic
  friction modifier additives market. This type of
  modifier additives provides superior benefits in
  reducing friction in the boundary and mixed
  lubrication regimes, making them a desirable
  choice in the market.
• The automobile sector will drive the growth of
  the market in the forecast period. According to
  the July 2021 data by the European Automobile
  Manufacturers Association, registrations in the
  passenger cars segment surged by 10.4 in June
  2021 compared to the registrations done in June
  2020.
• The Asia-Pacific region will witness the highest
  demand for organic friction modifier additives
  owing to the expanding automobile sector in the
  region.

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By Distribution Channel- Segment Analysis The
polymers additives segment dominated the organic
friction modifier additives market in 2021 and is
growing at a CAGR of 5.2 in the forecast period.
Polymeric organic friction modifier additives
exhibit excellent friction-reducing properties in
a wide range of engine oils. The polymers
additives allow formulators to achieve the more
demanding targets of improved fuel economy and
reduced emissions. Owing to such robust
properties, more research works are taking place
in the polymers additives portfolio.
Polymer-based organic friction modifier is used
for enhancing lubrication efficiency and reducing
energy consumption in the boundary-lubrication
regime.
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• Organic Friction Modifier Additives Industry
  Outlook 
• Lanxess AG
• International Lubricants Inc
• Croda Technologies
• Afton Chemical Corporation
• BASF
• Celanese Corporation
• Multisol
• DOW Chemicals

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Organic Friction Modifier Additives Market
Forecast (2022 - 2027)
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ion-Modifier-Additives-Market-Research-504367
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