Lubricant additives are chemical compound that control the friction and enhance the machines performance. Lubricant additives express chemical, physical and anti-friction property of different oils such as bio chemical, synthetic, mineral, and others. The producer of different lubricant can utilize inventory stoke and select different additives for each specific application.
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Global Lubricant Additives Market–
Industry Trends and Forecast to
2025
Global Lubricant Additives Market, By Function Type (Dispersants,
VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors,
Emulsifiers & Others) and Application (Automotive & Industrial
Lubricants), By Geography (North America, South America,
Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and
Forecast to 2025
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obal-lubricant-additives-market
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Global Lubricant Additives Market is expected to reach USD 18.9 billion
by 2025, from USD 15.7 billion in 2017 growing at a CAGR of 4.7%
during the forecast period of 2018 to 2025.
Lubricant additives are chemical compound that control the friction
and enhance the machines performance. Lubricant additives express
chemical, physical and anti-friction property of different oils such as
bio chemical, synthetic, mineral, and others. The producer of different
lubricant can utilize inventory stoke and select different additives for
each specific application. Its main application is in automotive and
industrial sector.
Report Description
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Major Key Players
Some of the major players operating in this market are :
Chevron Oronite Company LLC
Croda International Plc
Evonik Industries AG
BASF SE
Infineum International Limited.
The Lubrizol Corporation
Shamrock Shipping & Trading Ltd.
LANXESS .
Tianhe chemicals
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The global lubricant additives market is segmented based on
function type, application, and geographical segments.
• Based on function type, the global lubricant additives market is
segmented into dispersants, vii, detergents, antiwear,
antioxidants, corrosion inhibitors, emulsifiers & others
• On the basis of application, the global lubricant additives is
classified on automotive & industrial lubricants
Market Segmentation
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Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
Regional Analysis
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