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Lubricant Additives Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020
Published Date
04-Dec-2015
69 Page Report
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REPORT DESCRIPTION
Lubricant Additives Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020
The global lubricant additives market with analysis and forecast of the global volume. The report observes
that the global consumption of lubricant additives stood at 4,093.45 kilo tons in 2013 and is expected to
reach 4,934.61 kilo tons by 2020, at a CAGR of 2.66% from 2014 to 2020.
In-depth research report on Lubricant Additives Market with Full TOC at :
http://www.transparencymarketresearch.com/lubricant-additives-market.html
Key product segments analyzed in this study include viscosity index (VI) improvers, pour point depressants
(PPD), detergents, dispersants, antioxidants, and other additives. The others segment includes additives
such as corrosion inhibitors, anti-wear additives, metal deactivators, and extreme pressure additives. The
antioxidants segment was further sub-segmented, based on type, into hindered phenolics, aromatic
amines, and other antioxidants. In 2013, dispersants was the largest segment in terms of volume and
accounted for more than 20% of the market share. Lubricant additives are blended with base oils to
produce finished lubricants. These additives perform different functions to enhance the life and
performance of finished lubricants. High performance by these additives also increases the life span of
machinery and reduces maintenance cost. Lubricant additives are used in industries such as automobile,
marine, aviation, and power.
VI improvers reduce the viscosity of engine oils that results in better performance and lower carbon
emissions. Dispersants prevent formation of varnish, sludge, and other deposits on critical surfaces of
engines. PPDs boost the operational range of engine oils by interfering with the wax crystal growth
patterns. Demulsifiers prevent formation of emulsion by altering the surface tension of the oil. Friction
modifiers are long-chain polar additives that are added to reduce the surface friction of lubricated parts.
Detergents function as chemical cleaners to guard combustion surfaces against harmful deposits and
combustion acids. Antioxidant agents, also known as oxidation inhibitors, can successfully improve
oxidation stability by deactivating catalytic metallic contaminants and by decomposing any formed
reactive hydro peroxides within the oil. Similarly, anti-wear agents, foam inhibitors, rust inhibitors, and
extreme pressure additives are added to impart specific properties to the finished lubricants.
Some of the key players in the lubricant additives market include NewMarket Corporation, Infineum
International Limited, Chevron Oronite Company LLC., The Lubrizol Corporation, and Tianhe Chemicals
Group Limited. These companies compete with each other to increase their market share in the lubricant
additives market. Research and development (R&D) to develop improved products is crucial to capture
market share. It is difficult for a new company to enter the market, as it entails high investments for
production facility and R&D activities. Most companies in the market produce specific additives. Only a few
companies are active in the multi-line lubricant additives business
VI Improvers
PPD (Pour Point Depressants)
Detergents
Dispersants
Antioxidants
Other Additives (Corrosion inhibitors, Metal deactivators, Anti-wear additives, etc.)
North America
Europe
Asia Pacific
Middle East
RoW (Rest of the world)
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
5.2.1 North America Lubricant Additives Market Estimates and Forecast, By Volume, 20132020 (Kilo
Tons)
5.2.2 North America Lubricant Additives Market, by Product, 20132020 (Kilo Tons)
5.3 Europe
5.3.1 Europe Lubricant Additives Market Estimates and Forecast, By Volume, 2013 2020 (Kilo Tons)
5.3.2 Europe Lubricant Additives Market, by Product, 20132020 (Kilo Tons)
5.4 Asia Pacific
5.4.1 Asia Pacific Lubricant Additives Market Estimates and Forecast, By Volume, 20132020 (Kilo Tons)
5.4.2 Asia Pacific Lubricant Additives Market, by Product, 20132020 (Kilo Tons)
5.5 Middle East
5.5.1 Middle East Lubricant Additives Market Estimates and Forecast, By Volume, 2013 2020 (Kilo
Tons)
5.5.2 Middle East Lubricant Additives Market, by Product, 20132020 (Kilo Tons)
5.6 Rest of the World (RoW)
5.6.1 RoW Lubricant Additives Market Estimates and Forecast, 20132020 (Kilo Tons)
5.6.2 RoW Lubricant Additives Market, by Product, 20132020 (Kilo Tons)
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