润滑油添加剂市场（按添加剂类型、应用和地区划分），2024 年至 2031 年

润滑油添加剂市场评估，2024 年至 2031 年

再精炼产业的发展以及对与回收基础油相容的添加剂的需求不断增加。再精炼过程将废油回收成高品质润滑油基础油，因此需要特定的添加剂来满足性能标准。这一趋势支持永续发展努力并减少环境影响，符合消费者对燃料成本和生态足迹的担忧。因此，蓬勃发展的再精炼产业和对与再生基础油相容的添加剂不断增长的需求预计将推动市场规模在 2023 年超过 185.4 亿美元，到 2031 年达到 222.9 亿美元，估值达到 1 亿美元。

消费者对省油润滑油的需求正在上升。润滑油製造商对此作出了回应，并开发了可最大限度减少摩擦、提高引擎性能的添加剂，从而提高了燃油经济性。这些进步吸引了许多寻求经济高效的解决方案和环保产品的消费者。对燃油效率的关注凸显了市场对润滑油配方创新和永续性的追求，添加剂製造商已准备好利用不断发展的行业趋势。因此，由于对燃油效率润滑油的需求不断增加以及对燃油效率的重视，预计 2024 年至 2031 年期间市场复合年增长率为 2.57%。

润滑油添加剂市场定义/概述

润滑油添加剂在提高基础油在各种应用中的性能和耐久性方面发挥着重要作用。这些添加剂是有机或无机化合物，与基础油混合形成黏性流体混合物。添加剂通常占总油量的 0.1% 到 30%，具体取决于具体应用和性能要求。

润滑油添加剂有多种类别，每种添加剂都有其独特的功能，旨在改善基础油在不同使用条件下的性能。黏度指数改进剂和倾点下降剂 (PPD) 是用来改变基础油固有属性的添加剂的例子。黏度指数改进剂有助于在一定温度范围内保持一致的黏度，这对于确保引擎的平稳运作和效率非常重要。另一方面，倾点下降剂可以降低石油开始凝固的温度，改善其在寒冷天气下的流动性和性能。

其他重要的添加剂是清洁剂和分散剂，它们有助于使污染物分散在油中，从而防止引擎中沉积物和油泥堆积。这些添加剂可保护金属表面免受腐蚀并保持引擎清洁，从而延长引擎寿命和可靠的性能。抗氧化剂可作为抗氧化保护剂，防止氧化随着时间的推移降低油的质量，从而确保润滑剂在其使用寿命内保持稳定和有效。

润滑油添加剂的主要作用是为基础油引入新特性、增强现有特性或缓解不良特性。由于其多功能性，此添加剂广泛应用于汽车润滑油、工业机油、一般工业用油、金属加工液、润滑脂和製程油。在添加剂技术不断进步和产业需求不断发展的推动下，这些领域的应用对全球润滑油添加剂市场的发展做出了重大贡献。

对引擎效率和低排放的需求会促进润滑油添加剂市场成长吗？

润滑油添加剂的使用对于提高各行业所用油的性能和寿命起着至关重要的作用。这些添加剂旨在改善油的黏度，充当抗氧化剂，抑制腐蚀并提高润滑剂的整体稳定性，特别是在内燃机中。例如，在汽车领域，润滑油添加剂对于维持引擎效率、减少排放和延长油寿命至关重要。全球汽车销售的成长大大推动了对引擎油、煞车油和变速箱油等润滑油的需求，从而为专门满足汽车润滑要求的添加剂成分创造了一个平行市场。

疫情过后，由于供应基地转移，以及在 "中国+1" 战略下在越南、印度等地区建立新的製造工厂，工业机械的销售也大幅增长。这些设施需要大量新机器，从而刺激对工业润滑油的需求。随之而来的润滑剂消耗量的增加刺激了对可提高性能并确保工业应用中运行效率的添加剂成分的需求。随着世界各国转向使用电动和混合动力汽车以减少碳排放，对润滑油的需求也发生了显着变化。内燃机使用的传统配方正被针对电动传动系统量身订製的先进润滑油所取代。这种转变凸显了润滑油添加剂不断创新的必要性，以满足现代汽车技术不断变化的需求。

在食品加工领域，由于加工食品和食品饮料消费量的增加，对食品级润滑剂的需求正在快速增加。这些润滑剂，例如齿轮油、链条油和液压油，对于维持加工设备的卫生标准和运作效率至关重要。食品级润滑油中使用的添加剂着重在各种操作条件下优化性能，同时确保符合卫生法规。采矿业、农业、建筑业和海洋工业等终端使用领域的成长也大大促进了润滑油添加剂的需求。这些行业严重依赖润滑剂来确保机械设备的平稳运作、最大限度地减少停机时间并降低维护成本。随着这些产业在全球扩张，对可靠、高效润滑解决方案的需求持续推动对高性能润滑添加剂的需求。

润滑油添加剂的技术进步正在推动市场成长，正在进行的研究和开发旨在开发改善性能特征的配方。这包括在各种温度和操作条件下增加油的黏度、减少摩擦、提高耐磨性和保持润滑油膜厚度的添加剂。此外，旨在减少排放和提高燃油经济性的监管措施正在推动有助于环境永续性和法规遵循的添加剂的开发。

原物料价格波动将如何阻碍润滑油添加剂市场的成长？

原料价格的波动也为润滑油添加剂市场带来了重大课题。原油价格波动、地缘政治紧张局势以及供需失衡都会影响添加剂中使用的石油基化合物的成本。这些价格波动会影响生产成本，进而影响润滑油添加剂的定价并给製造商带来财务课题。环境问题日益改变润滑油添加剂的模式。随着人们对环境问题认识的不断增强，添加剂对生态系统和人类健康的影响开始受到关注。被视为有害或污染的添加剂可能面临监管或禁止，从而减少製造商可用的选择并促使对环保替代品的需求。

向电动车（EV）的转变是一种变革趋势，有可能扰乱润滑油添加剂市场。与内燃机汽车相比，电动车通常需要更少的润滑油，这可以减少汽车产业对润滑油添加剂的整体需求。这种转变凸显了润滑油技术创新的必要性，以满足电动传动系统不断变化的需求并减轻对市场成长的影响。润滑油技术的先进封装，包括开发整合添加剂包的高性能润滑油，既是课题也是机会。性能卓越的预配方润滑剂可以减少对独立售后添加剂的需求。製造商越来越注重提供满足严格性能要求的全面解决方案，从而重塑润滑油添加剂的市场动态。

此外，市场还面临生物基润滑剂和奈米技术添加剂等新替代品的替代风险。这些替代品有可能在某些应用中取代传统的润滑剂添加剂，提供类似或更好的性能特征，同时解决环境问题。运输、工业机械和汽车等终端用户产业的週期性也会影响润滑油添加剂的需求。这些产业的经济衰退和波动可能会促使润滑油和添加剂的消费减少，进而影响市场扩张。

全球减少排放的行动更重视改善车辆设计和润滑效率，以最大限度地减少对环境的影响。润滑油添加剂在减少车辆摩擦、提高燃油经济性和减少乘用车和商用车的二氧化碳排放方面发挥着至关重要的作用。美国企业平均燃油经济性(CAFE) 标准和欧洲严格的排放标准等监管框架进一步凸显了先进润滑油配方的重要性，推动润滑油添加剂市场迈向可持续发展和减排的新时代。定位是该地区是一个有希望的成长机会，致力于

目录

第 1 章简介

• 市场定义
• 市场区隔
• 研究方法

第 2 章执行摘要

• 主要发现 市场概况
• 市场亮点

第3章 市场概览

• 市场规模与成长潜力
• 市场趋势
• 市场推动因素
• 市场限制
• 市场机会
• 波特五力分析

第 4 章润滑油添加剂市场（按添加剂类型划分）

• 黏度指数改进剂
• 降凝血剂
• 抗磨添加剂
• 摩擦改良剂
• 极压添加剂
• 抗氧化剂
• 腐蚀抑制剂
• 清洁剂
• 分散剂
• 乳化剂
• 消泡剂

第 5 章 润滑油添加剂市场（依应用）

• 汽车润滑油
• 工业润滑油
• 船用润滑油
• 航空润滑油
• 金属加工油
• 油脂
• 变速箱油
• 液压油

第6章 润滑油添加剂市场（依最终用户产业划分）

• 汽车
• 工业製造
• 海洋 航太
• 采矿
• 建筑
• 发电
• 农业
• 其他

第 7 章 区域分析

• 北美洲
• 美国
• 加拿大
• 墨西哥
• 欧洲
• 英国
• 德国
• 法国
• 义大利 亚太地区
• 中国
• 日本
• 印度
• 澳大利亚
• 拉丁美洲
• 巴西
• 阿根廷
• 智利
• 中东和非洲
• 南非
• 沙乌地阿拉伯
• 阿拉伯联合大公国

第 8 章 市场动态

• 市场推动因素
• 市场限制
• 市场机会
• COVID-19 市场影响

第 9 章 竞争格局

• 大型公司
• 市占率分析

第10章 公司简介

• Evonik Industries AG
• Infineum International Limited
• The Lubrizol Corporation
• Afton Chemical Corporation
• Italmatch Chemicals S.p.A（The Elco Corporation）
• BASF SE
• LANXESS
• Chevron Oronite Company
• Croda International
• Tianhe Chemicals Group

第 11 章 市场展望与机会

• 新兴技术
• 未来市场趋势
• 投资机会

第 12 章附录

• 缩写列表
• 来源与参考文献

Lubricant Additives Market Valuation - 2024-2031

The growth of the re-refining industry and the increasing demand for additives compatible with recycled base oils. Re-refining processes recycle used oil into high-quality base oil for lubricants, creating a need for specific additives to meet performance standards. This trend supports sustainability efforts and reduces environmental impact, aligning with consumer concerns about fuel costs and ecological footprint. Thus, the burgeoning re-refining industry and growing demand for additives compatible with recycled base oils surge the growth of market size surpassing USD 18.54 Billion in 2023 to reach a valuation of USD 22.29 Billion by 2031.

The rising consumer demand for fuel-efficient lubricants. Lubricant manufacturers are responding by developing additives that minimize friction and enhance engine performance, thereby improving fuel economy. These advancements appeal to a broader spectrum of consumers seeking cost-effective solutions and environmentally friendly products. The focus on fuel efficiency underscores the market's drive towards innovation and sustainability in lubricant formulations, positioning additive manufacturers to capitalize on evolving industry trends. Thus, the growing demand for fuel-efficient lubricants and focus on fuel efficiency enable the market growth to grow at aCAGR of 2.57% from 2024 to 2031.

Lubricant Additives Market: Definition/ Overview

Lubricant additives play a crucial role in enhancing the performance and durability of base oils across various applications. These additives are either organic or inorganic chemical compounds that are blended into base oils to form a unified fluid mixture. Typically, additives constitute between 0.1 to 30 percent of the total oil volume, depending on the specific application and performance requirements.

There are several categories of lubricant additives, each serving distinct functions tailored to improve base oil characteristics under diverse operating conditions. Viscosity index improvers and pour point depressants (PPD) are examples of additives aimed at modifying the inherent properties of base oils. Viscosity index improvers help maintain consistent viscosity across a range of temperatures, crucial for ensuring smooth engine operation and efficiency. Pour point depressants, on the other hand, lower the temperature at which oil begins to solidify, improving fluidity and performance in cold climates.

Other essential additives include detergents and dispersants, which prevent the buildup of deposits and sludge in engines by keeping contaminants dispersed in the oil. These additives protect metal surfaces from corrosion and maintain engine cleanliness, thereby extending engine life and performance reliability. Antioxidants serve as protective agents against oxidation, a process that can degrade oil quality over time, ensuring the lubricant remains stable and effective over its lifespan.

The primary functions of lubricant additives are to introduce new properties to base oils, enhance existing properties, and mitigate undesirable characteristics. This versatility allows additives to be widely employed in automotive lubricants, industrial engine oils, general industrial oils, metalworking fluids, greases, and process oils. Their application across these sectors contributes significantly to the advancement of the lubricant additives market worldwide, driven by continual advancements in additive technology and evolving industry requirements.

What's inside a VMR industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Will the Demand for Engine Efficiency and, Low Emissions, Surge the Growth of the Lubricant Additives Market?

The use of lubricant additives plays a crucial role in enhancing the performance and longevity of oils used across various industries. These additives are designed to improve oil viscosity, act as antioxidants, inhibit corrosion, and enhance the overall stability of lubricants, particularly in combustion engines. In the automotive sector, for instance, lubricant additives are integral to maintaining engine efficiency, reducing emissions, and extending oil life. The rising sales of automobiles globally have significantly boosted the demand for lubricants such as engine oils, brake fluids, and transmission oils, driving parallel growth in the market for additive components tailored specifically to meet automotive lubrication requirements.

Industrial machinery sales have also surged post-pandemic, driven by a shift in supply hubs and the establishment of new manufacturing facilities across regions like Vietnam, India, and others under the 'China plus one' strategy. These facilities require substantial amounts of new machinery, thereby stimulating demand for industrial lubricants. The subsequent increase in lubricant consumption fuels the demand for additive components that enhance performance and ensure operational efficiency in industrial applications. As the world transitions towards electric vehicles (EVs) and hybrids to reduce carbon emissions, there is a notable shift in lubricant demand. Traditional formulations used for internal combustion engines are being replaced by advanced lubricants tailored for electric drivetrains. This shift underscores the need for continuous innovation in lubricant additives to meet the evolving requirements of modern automotive technologies.

In the food processing sector, the demand for food-grade lubricants has risen sharply alongside the growing consumption of processed food products and beverages. These lubricants are essential for maintaining the hygiene standards and operational efficiency of processing equipment, such as gear oils, chain oils, and hydraulic oils. Additives used in food-grade lubricants focus on ensuring compliance with health regulations while optimizing performance in various operational conditions. The growth of end-use sectors such as mining, agriculture, construction, and marine industries also contributes significantly to the demand for lubricant additives. These sectors rely heavily on lubricants to ensure the smooth operation of machinery and equipment, minimize downtime, and reduce maintenance costs. As these industries expand globally, the demand for high-performance lubricant additives continues to grow, driven by the need for reliable and efficient lubrication solutions.

Technological advancements in lubricant additives are driving market expansion, with ongoing research and development aimed at creating formulations that offer improved performance characteristics. This includes additives that enhance oil viscosity, reduce friction, improve wear resistance, and maintain lubricating film thickness across a wide range of temperatures and operating conditions. Moreover, regulatory initiatives aimed at reducing emissions and enhancing fuel efficiency are prompting the development of additives that contribute to environmental sustainability and regulatory compliance.

How do the Fluctuations of Raw Material Prices Impede the Growth of Lubricant Additives Market?

Volatility in raw material prices also poses a considerable challenge to the lubricant additives market. Fluctuations in crude oil prices, geopolitical tensions, and supply-demand imbalances can impact the cost of petroleum-based compounds used in additives. Such price volatility affects production costs, thereby influencing the pricing of lubricant additives and posing financial challenges for manufacturers. Environmental concerns are increasingly shaping the landscape of lubricant additives. With heightened awareness of environmental issues, the impact of additives on ecosystems and human health is under scrutiny. Additives deemed harmful or polluting may face restrictions or bans, reducing the options available to manufacturers and driving the need for environmentally friendly alternatives.

The shift towards electric vehicles (EVs) represents a transformative trend that could potentially disrupt the lubricant additives market. EVs typically require less lubrication compared to internal combustion engine vehicles, potentially reducing the overall demand for lubricant additives in the automotive sector. This transition underscores the need for innovation in lubricant technology to cater to the evolving needs of electric drivetrains and mitigate the impact on market growth. Advancements in lubricant technology, including the development of high-performance lubricants with integrated additive packages, pose both a challenge and an opportunity. Pre-formulated lubricants that offer superior performance may reduce the demand for standalone aftermarket additives. Manufacturers are increasingly focusing on delivering comprehensive solutions that meet stringent performance requirements, thereby reshaping the market dynamics for lubricant additives.

Moreover, the market faces substitution risks from emerging alternatives such as bio-based lubricants and nanotechnology-based additives. These substitutes offer comparable or enhanced performance characteristics while addressing environmental concerns, potentially displacing traditional lubricant additives in certain applications. The cyclicality of end-user industries such as transportation, industrial machinery, and automotive also influences demand for lubricant additives. Economic downturns or fluctuations in these industries can lead to reduced consumption of lubricants and additives, affecting market expansion.

In response to global efforts to curb emissions, there is a growing emphasis on enhancing vehicle design and lubrication efficiency to minimize environmental impact. Lubricant additives play a crucial role in improving fuel efficiency by reducing friction in vehicles, thereby contributing to lower carbon dioxide emissions from both passenger cars and commercial vehicles. Regulatory frameworks like Corporate Average Fuel Economy (CAFE) standards in the U.S. and stringent exhaust emission laws in Europe further underscore the importance of advanced lubricant formulations, positioning the lubricant additives market for promising growth opportunities in regions committed to sustainability and emissions reduction.

Category-Wise Acumens

How does the Wide Use of Viscosity Index Improvers in the Gear Oils and Multi-Grade Engine Oils Surge the Growth of the Viscosity Index Improvers Segment?

Viscosity index improvers are polymer-based additives designed to minimize the viscosity changes that occur with temperature variations. Widely utilized in gear oils, multi-grade engine oils, automatic transmission fluids, hydraulic fluids, greases, and power steering fluids, VII additives enable fluids to maintain optimal flow characteristics across different operating temperatures. This capability ensures efficient lubrication and extends the service life of mechanical components by facilitating quicker lubricant delivery to critical engine parts.

Dispersants are another critical category of lubricant additives extensively used to prevent the formation of sludge, varnish, and deposits on engine surfaces. They are particularly crucial in heavy-duty engine oils and gasoline engines, where they account for a significant portion of additive usage aimed at maintaining engine cleanliness and performance integrity. Dispersants also find application in aviation piston engine oils, natural gas engine oils, gear lubricants, and automatic transmission fluids, where they effectively manage deposits under varying engine speeds and temperatures.

Viscosity Index Improves segment showing significant growth in the Lubricant Additives Market. These additives, suspended in base oils, serve crucial roles such as improving viscosity stability across a wide temperature range. In addition to VII, lubricant formulations include a variety of other additives like detergents, dispersants, anti-wear additives, friction modifiers, antioxidants, corrosion inhibitors, and emulsifiers, each tailored to enhance specific performance aspects of lubricants.

Across industries such as automotive, marine, and metallurgy, these additives play essential roles depending on their functional classifications. The automotive sector, for instance, increasingly demands additives that ensure engine cleanliness, improve fuel efficiency, and prolong the life of engine lubricants. This has led to heightened usage of dispersants, antioxidants, and friction modifiers, which help combat sludge formation, and oxidation, and reduce frictional losses within engines.

How the Growing Focus on High Performance and Operational Efficient Engines Propel the Growth of Automotive Segment?

The automotive segment showing significant growth in the lubricant additives market. Consumers worldwide are increasingly favoring high-performance and operationally efficient engines, which has driven the demand for advanced lubricant additives in both gasoline and diesel engines. Additives such as dispersants, viscosity index improvers, antioxidants, and friction modifiers are integral to modern automotive fuel systems due to their ability to enhance oxidative stability, solvency, and reduce volatility. These additives play crucial roles in improving fuel economy, maintaining optimal engine temperatures, ensuring cleanliness, and addressing inherent deficiencies in diesel fuels. Additionally, they contribute to extending the longevity of lubricants themselves, thereby optimizing overall engine performance and durability.

The Asia Pacific region, propelled by rapid industrial and automotive sector growth in countries like China, India, and Japan, stands out as a significant driver of the lubricant additives market. Government initiatives promoting fuel efficiency in the automotive industry have further accelerated the adoption of high-performance lubricant additives. The region's burgeoning middle class with increasing disposable incomes has spurred the production of passenger cars, heavy-duty vehicles, and two-wheelers, resulting in a substantial rise in lubricant consumption volumes.

In the automotive context, lubricant additives fulfill critical functions such as cleaning, cooling, and protecting metal components against corrosion and rust. Engine oils, for instance, are indispensable for enhancing fuel efficiency and overall engine performance by reducing friction and wear. In automotive gearboxes, specialized gear oils fortified with additives protect gear components from the extreme pressures and temperatures encountered during operation. These additives not only optimize mechanical efficiency but also contribute to extending the service life of automotive components, ensuring reliability and performance under varying operating conditions.

Country/Region Wise Acumens

Will the Strict Environmental Regulations for Lowering Carbon Emissions Escalates the Growth of Lubricant Additives Market in North America?

The North American poised the growth in the lubricant additives market driven by stringent environmental regulations aimed at reducing carbon emissions. These regulations are prompting industries to adopt lubricant additives that enhance machinery performance, reduce wear and tear, act as coolants, and improve overall vehicle efficiency. In the United States, in particular, the implementation of federal regulations targeting fleet fuel efficiency has spurred demand for advanced engine oils formulated with high-performance lubricant additives. This regulatory push is compelling vehicle manufacturers to prioritize the development of more efficient and durable automotive lubricants to meet compliance requirements and reduce maintenance costs.

The automotive sector holds significant economic importance in the United States, deeply integrated into both industrial and cultural aspects of the country. Original Equipment Manufacturers (OEMs) are adapting their production strategies to focus on high-margin and highly demanded models, notably trucks, which require robust lubricant additives to ensure optimal performance and longevity. This strategic shift towards more efficient lubrication solutions is expected to drive the demand for lubricant additives across the automotive industry in the U.S.

Both North America and Europe play pivotal roles in the global lubricant additives market, driven by the tightening of emission standards and regulations in these regions. These regulatory measures encourage the adoption of advanced lubricant formulations that are compatible with modern engines, leading to lower emissions and improved fuel economy. This regulatory landscape supports the demand for lubricant additives not only in automotive applications but also in other industries where lubricants play a crucial role in maintaining operational efficiency and environmental compliance.

Furthermore, the food industry in these regions also contributes to the demand for lubricant additives. Europe, as a leading exporter of food and beverages globally, relies on efficient production processes that utilize lubricants to maintain equipment performance and hygiene standards. This sector's reliance on lubricant additives underscores their importance in ensuring smooth operations and meeting stringent regulatory requirements for food safety and quality.

How will Ample Skilled Labor and High Demand for Residential Housing in China Fare for the Lubricant Additives Market in Asia Pacific?

The Asia Pacific region is expected to emerge as the fastest growing region in the lubricant additives market during the forecast period owing to the abundant skilled labor available at relatively low costs, ample availability of land and resources, and a shifting production landscape toward emerging economies such as China, India, Thailand, Vietnam, and Indonesia. These countries are poised to drive market growth for lubricant additives in the coming years. China, in particular, stands out due to its vast reserves of petrochemical resources and a highly skilled workforce. As one of the most densely populated regions globally, China experiences consistently high demand for residential housing, fueling the consumption of lubricants in building machinery and equipment like excavators and bulldozers. The country's robust manufacturing sector further supports lubricant additives sales, particularly in metal processing lubricants where China leads as the world's largest consumer with impressive annual growth rates.

Moreover, China's food processing industry is transitioning toward maturity, witnessing moderate growth as processed and packaged frozen foods gain popularity. Similarly, in the beverage sector, there is a rising trend toward healthier and natural options such as ready-to-drink smoothies, juices, and yogurts, driving the demand for lubricant additives used in food-grade applications. The growth in metalworking fluids consumption is another significant driver for lubricant additives in the Asia Pacific region. This growth is fueled by expansive construction activities, increasing orders in shipbuilding, and rising demand in aircraft manufacturing. These sectors rely heavily on efficient lubrication to maintain operational efficiency and meet stringent performance requirements, bolstering the market for lubricant additives across various industrial applications.

Competitive Landscape

The competitive landscape of the lubricant additives market is dynamic. Established players continue to hold a significant share, but niche players and those focusing on innovation and sustainability have the potential to disrupt the market. As the demand for high-performance lubricants and environmentally friendly solutions grows, companies that can adapt to these trends and offer differentiated products will be well-positioned for future success.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the lubricant additives market include:

• Evonik Industries AG, Infineum International Limited, The Lubrizol Corporation, Afton Chemical Corporation, Italmatch Chemicals S.p.A (The Elco Corporation), BASF SE, LANXESS, Chevron Oronite Company, Croda International, Tianhe Chemicals Group.

Latest Developments

• In May 2024, Lubrizol announced the launch of Lubrizol CV9660, a new low-SAPS heavy-duty lubricant technology that caters to better performance levels while also providing an easy solution for varied viscosity profiles.
• In March 2024, Evonik announced the agreement of Tongyi Petrochemical struck an agreement to support green development in the lubricant business. The goal is to develop a low-carbon lubricant solution based on current lubricant industry trends.
• In May 2022, BASF SE announced the launch of a new product and treble its Irganox manufacturing capacity. The company has improved its business portfolio for the lubricants additives industry at its Jurong Island, Singapore, plant.
• In October 2022, BASF Petronas Chemicals Sdn. Bhd. announced a joint venture between Germany's BASF SE and Petronas Chemicals Group Bhd., announced the expansion of a 2-Ethylhexanoic Acid plant in Malaysia, doubling the joint venture's annual 2-EHAcid production capacity to 60,000 metric tons by the fourth quarter of 2024.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Lubricant Additives Market, By Type of Additive

• Viscosity Index Improvers
• Pour Point Depressants
• Anti-Wear Additives
• Friction Modifiers
• Extreme Pressure Additives
• Antioxidants
• Corrosion Inhibitors
• Detergents
• Dispersants
• Emulsifiers
• Anti-foaming Agents

5. Lubricant Additives Market, By Application

• Automotive Lubricants
• Industrial Lubricants
• Marine Lubricants
• Aviation Lubricants
• Metalworking Fluids
• Greases
• Transmission Fluids
• Hydraulic Fluids

6. Lubricant Additives Market, By End-User Industry

• Automotive
• Industrial Manufacturing
• Marine
• Aerospace
• Mining
• Construction
• Power Generation
• Agriculture
• Others

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Evonik Industries AG
• Infineum International Limited
• The Lubrizol Corporation
• Afton Chemical Corporation
• Italmatch Chemicals S.p.A (The Elco Corporation)
• BASF SE
• LANXESS
• Chevron Oronite Company
• Croda International
• Tianhe Chemicals Group

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References