Lubricating oil additives (LOAs) are used to enhance the performance of lubricants and functional fluids. Each additive is selected for its ability to perform one or more specific functions in combination with other additives. Selected additives are formulated into packages for use with a specific lubricant base stock and for a specified end-use application.
Scope of the Report:The lubricant and fuel additives is classified into additive package and single component according to the product type. As of 2018, additive package segment dominates the market contributing more than 74% of the total market share, reach to 4.18 million tons. lubricant and fuel additives is major applied in automotive, Industrial and others industry, in 2019, demand for a automotive industry occupied the largest market, with 70% share, reach to 3.93 million tons.
The lubricant and fuel additives market is very concentrated market; key players include Lubrizol, Infineum, Chevron Oronite, Afton, Lanxess AG, Innospec, BASF, Tianhe, Baker Hughes, Sanyo Chemical Industries, Adeka, Clariant, Vanderbilt, Dorf Ketal, IPAC, Miracema Nuodex, Additiv Chemie Luers the revenue of top ten manufacturers accounts about 87% of the total revenue, in 2019. The high-end products mainly come from North America and Europe.
The worldwide market for Lubricant and Fuel Additives is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 21220 million US$ in 2026, from 18840 million US$ in 2020, according to a new study.
This report focuses on the Lubricant and Fuel Additives in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Lubrizol
Infineum
Chevron Oronite
Afton
Lanxess AG
Innospec
BASF
Tianhe
Baker Hughes
Sanyo Chemical Industries
Adeka
Clariant
Vanderbilt
Dorf Ketal
IPAC
Miracema Nuodex
Additiv Chemie Luers
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Single Component
Additive Package
Market Segment by Applications, can be divided into Automotive
Industry
Other
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Lubricant and Fuel Additives product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Lubricant and Fuel Additives, with price, sales, revenue and global market share of Lubricant and Fuel Additives in 2018 and 2019.
Chapter 3, the Lubricant and Fuel Additives competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lubricant and Fuel Additives breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Lubricant and Fuel Additives market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Lubricant and Fuel Additives sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
