Lubricant Additives Market Size And Share

  • Report Code : TIPRE00005767
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 151
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Lubricant Additives Market Size, Scope, and Share by 2028

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Lubricant Additives Market: Strategic Insights

Lubricant Additives Market

  • CAGR (2021 - 2028)
    3.5%
  • Market Size 2021
    US$ 15.58 Billion
  • Market Size 2028
    US$ 19.88 Billion

Market Dynamics

GROWTH DRIVERS
  • Growth in automotive industry and vehicle production
  • Rising need for high-performance lubricants
FUTURE TRENDS
  • Shift toward synthetic lubricants
  • Increased emphasis on fuel efficiency and performance in automotive lubricants
OPPORTUNITIES
  • Technological advancements in lubricant formulations
  • Demand for eco-friendly lubricants

Key Players

  • Evonik Industries AG
  • The Lubrizol Corporation
  • LANXESS
  • Nouryon
  • Mol lub Kft
  • Dover Chemical Corporation
  • Croda International plc
  • Chevron Corporation
  • BASF SE

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Type
  • Dispersants
  • Viscosity Index Improvers
  • Detergents
  • Antiwear Agents
  • Emulsifiers
Application
  • Automotive and Industrial