Recent Analysis on Lubricant Additives Market

1
The Global Lubricating Additives market was
17.9 billion in 2017 and is estimated grow with
CAGR of 3.09 till 2024 to reach 22 billion.
2
Asia Pacific will have the largest share in the
Lubricant Adhesives Market during the forecast
period due to the development of efficiency norms
along with increase in environmental concerns
about carbon emission in countries such as
China, India, and Japan. The growth of
industrialization and automotive industry are
other factors which drive the growth of
industrial lubricant oil in the region. China is
the largest producer of automobiles and the used
car sales have witnessed a significant growth.
Chinese government is focusing on recycling of
waste lubricants, which is expected to have a
significant growth potential in the coming years.
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3
Selected Regulatory Analysis Done in the Full
Report
he passenger car motor oil will dominate the
Lubricant Additives Market during the forecast
period. The EURO norms which regulate the amount
of NO(Nitrogen Dioxide) and CO(Carbon Monoxide)
will drive the demand for the passenger car motor
oil.The increasing preferences of consumers
towards the use of low viscosity oil is also
responsible for the growth of this segment. In
general industrial oil will have the fastest
growth in the forecast period.
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4
Selected Driving Factors Mentioned in the Full
Report

• The growth of automotive sales, especially
  passenger cars with high performance will drive
  the demand for motor oil additives in the coming
  years.
• Strict regulations with regard to the permissible
  amount of CO emission in the atmosphere elevates
  the growth of lubricants and greases.
• The usage of environmental friendly fuels will
  propel the growth of lubricant additives market
  in the forecast period.
• Rising industrialization provides many
  opportunities for the lubricant additives market
  in the coming years.

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5
Key Players of the Augmented and Virtual Reality
Content and Application Market

• Lubrizol Corporation
• Chevron Oronite Company LLC
• Infenium
• And more

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7
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