The report "Lubricant Additives Market by Function Type (Dispersants, VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors, Emulsifiers, & Others), and Application (Automotive & Industrial Lubricants) - Global Trends & Forecast to 2019" defines and segments the lubricant additives market with an analysis and forecast of the market volume and value. The lubricant additives market value will grow to $16.2 billion by 2019, at a CAGR of 2.7% from 2014 to 2019.
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This lubricant additives report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as Lubrizol (U.S.), BASF (Germany), Chevron Oronite (U.S.), Afton (U.S.), Chemtura (U.S.), Infineum (U.K.), Croda (U.K.), Tianhe Chemicals Group (China), Evonik (Germany), and Shamrock Shipping And Trading Limited (Cyprus) have also been profiled in this report.
On the basis of application:
Heavy duty motor oil (HDMO)
Passenger car motor oil (PCMO)
Metal Working Fluids
Industrial Engine Oils
General Industrial Oils
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The lubricant additives market is mainly driven by high growth in the developing nations along with efforts towards fuel economy. In order to achieve fuel economy, extensive research is being done to improve lubricant additives properties and characteristics in order to comply with the technological changes in modern engines and accessories. Technological know-how with fast changing developments is must to track and keep pace with futuristic technologies like DCT (Dual Clutch Technology).
The report covers the lubricant additives market and its trends that concern five regions, namely, North America, Europe, Asia-Pacific, Latin America and Middle East & Africa (MEA). Various applications based on end-use industry, namely, automotive lubricants and industrial lubricants are covered. These have been further broken down by their respective sub segments, such as, heavy duty motor oil (HDMO), passenger car motor oil (PCMO) and other automotive for automotive lubricants and metal working fluids, industrial engine oils, general industrial oils and others for industrial lubricant. Lubricant additives by function types, Dispersants, VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors, Emulsifiers, Friction Modifiers, EP, PPDs along with others, have also been studied.
Mr. Shelly Singh
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