Lubricating Oil Additives Market Research Report and Predictive Business Strategy by Forecast 2021-2031 | Lubrizol, Chevron Oronite, Afton Chemical, Infineum

Published April 19, 2023

Lubricating oil additives are chemicals that are added to base oils to enhance their performance. The most common additives are anti-wear agents, detergents, dispersants, and antioxidants. These additives improve the properties of the oil, such as its viscosity, wear protection, and ability to control deposits.

Key Trends

The key trends in lubricating oil additives technology are:

Increasing demand for fuel-efficient and environmentally-friendly lubricants: There is a growing demand for fuel-efficient and environmentally-friendly lubricants, which is driving the demand for lubricating oil additives. Additives can improve the fuel economy of lubricants by up to 5%.

Download Free Sample of Report –

Increasing use of synthetic lubricants: The use of synthetic lubricants is increasing as they offer superior performance and longer service life than conventional lubricants. Synthetic lubricants are expected to account for a significant share of the global lubricating oil additives market.

Stringent environmental regulations: Stringent environmental regulations, such as the European Union’s REACH regulation, are expected to drive the demand for environmentally-friendly lubricating oil additives.

Key Drivers

The key drivers of the lubricating oil additives market include the growing demand for passenger cars and commercial vehicles, the increasing demand for synthetic and semi-synthetic lubricants, and the stringent government regulations regarding the use of additives in lubricants. The rising demand for electric vehicles is expected to provide a boost to the market in the coming years.

Get Customized Report as Per Your Requirement –

Market Segments

By Product

  • Dispersants
  • Detergents
  • Anti-oxidants
  • Others

By Application

  • Engine Oil
  • Gear Oil
  • Process Oil
  • Others

Key Players

  • Lubrizol
  • Chevron Oronite
  • Afton Chemical
  • Infineum
  • Evonik Industries
  • BASF
  • Lanxess
  • Croda
  • BRB International
  • Total

Purchase This Market Research Report –

With Global Insight Services, you can receive:

  • 10-Year Forecast to Help You Make Strategic Decisions
  • Deep segmentation that can be customized according to your requirements
  • Free consultation with the chief analyst of the report
  • Excel Data Pack included with every report purchase
  • A robust and transparent research methodology

Groundbreaking research and market participant-driven solutions for the next decade based on current market scenarios

New Report Published by Global Insight Services:

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, USA. We are committed to providing the highest quality data, analytics and tools to meet all of our clients’ market research needs. With GIS, you can be assured of the quality of your output, robust and transparent research methodology, and excellent service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
Phone:  +1–833–761–1700