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.
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 2018, 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 2018. The high-end products mainly come from North America and Europe.
Global Lubricant and Fuel Additives market size will increase to 21790 Million US$ by 2025, from 18310 Million US$ in 2018, at a CAGR of 2.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lubricant and Fuel Additives.
This report researches the worldwide Lubricant and Fuel Additives market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Lubricant and Fuel Additives breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Sanyo Chemical Industries
Additiv Chemie Luers
Lubricant and Fuel Additives Breakdown Data by Type
Lubricant and Fuel Additives Breakdown Data by Application
Lubricant and Fuel Additives Production Breakdown Data by Region
Lubricant and Fuel Additives Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Lubricant and Fuel Additives capacity, production, value, consumption, status and forecast;
To focus on the key Lubricant and Fuel Additives manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Lubricant and Fuel Additives :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.