Lubricating Oil Additives Market Competitive Landscape, Growth Factors, Revenue Analysis by 2028

The Lubricating Oil Additives Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2022-2028). Lubricant additives are chemical components or substances that, when applied in specific amounts, perform one or more functions in a fluid. Lubricant additives are mixed with the base oil to make a complete lubricant. Organic or inorganic components that are dissolved or excluded as solids in oil are called “solids”. Depending on the equipment, this can range from 0.1 to 30% of the total oil volume. These additives improve the life and production of the final lubricant in a number of ways. The outstanding performance of these additives also extends the life of the machine and reduces maintenance costs. Depending on the end use, these mixtures are used individually or in combination. In the automotive industry, heavy duty and passenger vehicle lubricants consume the most lubricant additives, followed by metalworking oils and machine engine oils in the industrial sector.

The following segmentation are covered in this report:

By Application

• Engine Oil
• Gear Oil
• Process Oil
• Others

By Type

• Dispersants
• Viscosity Index Improvers
• Detergents
• Anti-wear Agents
• Antioxidants
• Corrosion Inhibitors
• Friction Modifiers
• Emulsifiers
• Others

 Company Profile

• Merial
• CEVA
• Zoetis
• Elanco (Lohmann )
• Merck Animal Health
• Avimex Animal Health

Scope of the report

The research study analyses the Lubricating Oil Additives Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Lubricating Oil Additives Market Report

• What was the Lubricating Oil Additives Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Lubricating Oil Additives Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Lubricating Oil Additives Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.