According to a new report published by Reports Monitor titled, “Global Lubricant Additives Market, Growth Opportunities, Innovations, and Forecasts 2017-2025,” the Lubricant Additives market is projected to grow rapidly from 2017 to 2025.
Lubricant additives, also known as oil additives, is a chemical compound used to improve the performance of base oil. The varied combination of different additives and their quantities are determined by the lubricant types (engine oil, gear oil, hydraulic oil, cutting fluids and way lubricants) and the operating conditions such as temperature, loads, machine parts and environment.
Increased demand from the end-user industries such as marine and aviation, growth in the automotive and transportation sector has resulted as a significant factor in propelling the market growth. Additionally the increased pressure of regulatory to specifically improve the efficiency of the fuel, thereby reducing the emission of greenhouse gases is also driving the market growth. However the increasing trend towards the adoption of alternative fuels and price fluctuation in the lubricant market may result in hampering the market growth. Moreover, increased investment for the development of environmentally friendly products has resulted in generating better market opportunities.
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This report provides a detailed analysis of Lubricant Additives market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The lubricant additives market is majorly segmented on the basis of types and applications. Depending upon the types, market is bifurcated into: Dispersants, Viscosity index improvers, Detergents, Anti-wear agents, Antioxidants, Corrosion inhibitors, Friction modifiers, Emulsifiers, while on the basis of applications it is segmented into: automotive and industrial sectors
The lubricant additives market is analyzed across the regions such as: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Among the regions spanned, Asia Pacific is expected to hold the major market share, owing to the government norms and regulation by the government to improve the fuel efficiency for the reduction of carbon emission in the countries such as India, China and Japan. Expansion in the manufacturing and automotive sector is also propelling the regional growth.
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Many key players are adopting the strategies such as innovation in the products and expansion to improve the market penetration. The key players in the market are: BASF SE, Evonik Industries AG, Infineum International Limited, Chevron Oronite Company LLC, Chemtura Corporation, Lubrizol Corporation, Croda International PLC, Afton Chemical Corporation, Vanderbilt Chemicals LLC, and Rhein Chemie Corporation.
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
Some Points from TOC:
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Lubricant additives – Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview – Lubricant additives, Product Landscape
4. Segmentation Overview
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. By Types
126.96.36.199. Viscosity index improvers
188.8.131.52. Anti-wear agents
184.108.40.206. Corrosion inhibitors
220.127.116.11. Friction modifiers
4.2.2. By Application
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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