lubricant additives market

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Global Lubricant Additives Market Industry
Trends and Forecast to 2025
Global Lubricant Additives Market, By Function
Type (Dispersants, VII, Detergents, Antiwear,
Antioxidants, Corrosion inhibitors, Emulsifiers
Others) and Application (Automotive Industrial
Lubricants), By Geography (North America, South
America, Europe, Asia-Pacific, Middle East and
Africa)- Industry Trends and Forecast to 2025
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Report Description
Global Lubricant Additives Market is expected to
reach USD 18.9 billion by 2025, from USD 15.7
billion in 2017 growing at a CAGR of 4.7 during
the forecast period of 2018 to 2025. Lubricant
additives are chemical compound that control the
friction and enhance the machines performance.
Lubricant additives express chemical, physical
and anti-friction property of different oils such
as bio chemical, synthetic, mineral, and others.
The producer of different lubricant can utilize
inventory stoke and select different additives
for each specific application. Its main
application is in automotive and industrial
sector.
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Major Key Players

• Some of the major players operating in this
  market are
• Chevron Oronite Company LLC
• Croda International Plc
• Evonik Industries AG
• BASF SE
• Infineum International Limited.
• The Lubrizol Corporation
• Shamrock Shipping Trading Ltd.
• LANXESS .
• Tianhe chemicals

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Market Segmentation

• The global lubricant additives market is
  segmented based on function type, application,
  and geographical segments.
• Based on function type, the global lubricant
  additives market is segmented into dispersants,
  vii, detergents, antiwear, antioxidants,
  corrosion inhibitors, emulsifiers others
• On the basis of application, the global lubricant
  additives is classified on automotive
  industrial lubricants

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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