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.
Lubricating Oil Additives Market aims to provide a comprehensive presentation of the global market for Lubricating Oil Additives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lubricating Oil Additives. Lubricating Oil Additives Market contains market size and forecasts of Lubricating Oil Additives in global, including the following market information:
- Global Lubricating Oil Additives Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Lubricating Oil Additives Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Lubricating Oil Additives companies in 2022 (%)
The global Lubricating Oil Additives market was valued at US$ 12230 million in 2022 and is projected to reach US$ 13960 million by 2029, at a CAGR of 1.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific is estimated to account for a major share of the overall lubricating oil additives market in 2018, due to the large demand for additives from the automotive and industrial sectors of countries such as China, India, and other southeast Asian countries.
We surveyed the Lubricating Oil Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lubricating Oil Additives Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lubricating Oil Additives Market Segment Percentages, by Type, 2022 (%)
- Dispersants
- Detergents
- Anti-oxidants
- Anti-Wear Agents
- Extreme Pressure Additives
- Viscosity Index Improvers
Global Lubricating Oil Additives Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lubricating Oil Additives Market Segment Percentages, by Application, 2022 (%)
- Engine Oil
- Gear Oil
- Process Oil
- Industrial Oil
- Hydraulics Fluid
- Metalworking Fluid
Global Lubricating Oil Additives Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lubricating Oil Additives Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Lubricating Oil Additives revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Lubricating Oil Additives revenues share in global market, 2022 (%)
- Key companies Lubricating Oil Additives sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Lubricating Oil Additives sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Lubrizol
- Chevron Oronite
- Afton Chemical
- Infineum
- Evonik Industries
- BASF
- Lanxess
- Croda
- BRB International
- Total
- Tianhe Chemicals
- Jinzhou Kangtai Lubricant Additives
- Wuxi South Petroleum Additives
- Jinzhou Runda Chemical
- Midcontinental Chemical Company
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Lubricating Oil Additives, market overview.
- Chapter 2: Global Lubricating Oil Additives market size in revenue and volume.
- Chapter 3: Detailed analysis of Lubricating Oil Additives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Lubricating Oil Additives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Lubricating Oil Additives capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.