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Lubricant Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global lubricant additives market reached a value of around US$ 15.4 Billion in 2018. The market is further projected to reach a value of US$ 18.5 Billion by 2024, exhibiting a CAGR of more than 3% during 2019-2024. Lubricant additives are chemicals used for enhancing the functioning of lubricating oils by helping the engine oil to stay longer and making the engine safe under all operating conditions.  They typically range between 0.1% to 30% of the oil volume, depending on the application.

Lubricant Additives Market Report

Additives can be of various types, some additives impart new and useful properties to the lubricant, whereas, others enhance properties that are already present. Some lubricants also act to lower the rate at which unwanted changes take place in the product throughout its service life. A number of factors are currently catalysing the global demand for lubricant additives.

Market Drivers:

  • Many lubricant additives contain anti-wear, anti-rust or anti-corrosive characteristics, which prevent damage to coatings and surfaces inside the engine.
  • Some lubricant additives are also used to maintain the required physical properties (such as viscosity) at all temperatures and operating conditions. This provides adequate flow and viscosity of the engine oil in all situations. 
  • Additives with antioxidant properties aid in slowing down the oxidation process and the build-up of unwanted engine contaminants and oil thickening. They also help in keeping the engine surfaces and parts clean along with controlling deposit mediated engine oil thickening. 
  • Additives with friction or viscosity modifying properties can also help in increasing the fuel economy. This is by decreasing the friction between moving surfaces or allowing favourable viscosity profiles that further provides improved efficiency.
  • Advanced lubricant additives also benefit the environment as they can aid in reducing carbon dioxide emissions from vehicles and also allow the effective use of energy resources.


Market Summary:

  • Based on the type, the market has been segmented as dispersants, viscosity index improvers, detergents, antiwear and antioxidants, corrosion inhibitors, friction modifiers and emulsifiers. 
  • On the basis of the end-use, automotive lubricants represent the largest segment. Other major segments covered in the report include metalworking fluid, industrial engine oil, process oil and grease. 
  • On the basis of the distribution channel, the report has segmented the market into institutional and retail.
  • Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Amongst these, Asia Pacific currently represents the largest market.
  • The competitive landscape of the market has also been examined with some of the key players being Chevron Corp., Afton Chemical Corporation, The Lubrizol Corporation, Infineum International Limited, BASF SE, BRB International BV, Wuxi South Petroleum Additive Co., Croda Lubricants, DOG Chemie, Dorf Ketal, Dover Chemical, Eni SpA., Evonik Industries AG, Jinzhou Kangtai Lubricant Additives Co. Ltd and King Industries Inc. 


This report provides a deep insight into the global lubricant additives market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the lubricant additives industry in any manner

Key Questions Answered in This Report:

  • How has the global lubricant additives market performed so far and how will it perform in the coming years?
  • What are the key regions in the global lubricant additives market?
  • What are the key product types in the global lubricant additives market?
  • What are the key end-use segments in the global lubricant additives market?
  • What are the major distribution channels in the global lubricant additives market?
  • What are the various stages in the value chain of the global lubricant additives industry?
  • What are the key driving factors and challenges in the global lubricant additives industry?
  • What is the structure of the global lubricant additives industry and who are the key players?
  • What is the degree of competition in the global lubricant additives market?
  • How are lubricant additives manufactured?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Lubricant Additives Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Type
    5.4    Market Breakup by End-Use
    5.5    Market Breakup by Distribution Channel
    5.6    Market Breakup by Region
    5.7    Market Forecast
    5.8    SWOT Analysis
        5.8.1    Overview
        5.8.2    Strengths
        5.8.3    Weaknesses
        5.8.4    Opportunities
        5.8.5    Threats
    5.9    Value Chain Analysis
        5.9.1    Overview
        5.9.2    Research and Development
        5.9.3    Raw Material Procurement
        5.9.4    Manufacturing
        5.9.5    Marketing
        5.9.6    Distribution
        5.9.7    End-Use
    5.10    Porters Five Forces Analysis
        5.10.1    Overview
        5.10.2    Bargaining Power of Buyers
        5.10.3    Bargaining Power of Suppliers
        5.10.4    Degree of Competition
        5.10.5    Threat of New Entrants
        5.10.6    Threat of Substitutes
    5.11    Price Analysis
        5.11.1    Key Price Indicators
        5.11.2    Price Structure
        5.11.3    Margin Analysis
6   Market Breakup by Type
    6.1    Dispersants
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Viscosity Index Improvers
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Detergents
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Antiwear and Antioxidants
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Corrosion Inhibitors
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Friction Modifiers
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Emulsifiers
        6.7.1 Market Trends
        6.7.2 Market Forecast
7   Market Breakup by End-Use
    7.1    Automotive Lubricant
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Metalworking Fluid
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Industrial Engine Oil
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Process Oil
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Grease
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Retail
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Institutional
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Region
    9.1    Asia Pacific
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Europe
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    North America
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Middle East and Africa
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Latin America
        9.5.1 Market Trends
        9.5.2 Market Forecast
10  Imports and Exports
    10.1    Imports by Major Countries
    10.2    Exports by Major Countries
11  Lubricant Additives Manufacturing Process
    11.1    Product Overview
    11.2    Raw Material Requirements
    11.3    Manufacturing Process
    11.4    Key Success and Risk Factors
12  Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Profiles of Key Players
        12.3.1    Chevron Corp. 
        12.3.2    Afton Chemical Corporation
        12.3.3    The Lubrizol Corporation
        12.3.4    Infineum International Limited
        12.3.5    BASF SE
        12.3.6    BRB International BV
        12.3.7    Wuxi South Petroleum Additive Co. 
        12.3.8    Croda Lubricants
        12.3.9    DOG Chemie
        12.3.10    Dorf Ketal
        12.3.11    Dover Chemical
        12.3.12    Eni SpA. 
        12.3.13    Evonik Industries AG
        12.3.14    Jinzhou Kangtai Lubricant Additives Co. Ltd 
        12.3.15    King Industries Inc. 


List of Figures

Figure 1: Global: Lubricant Additives Market: Major Drivers and Challenges
Figure 2: Global: Lubricant Additives Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Lubricant Additives Market: Breakup by Type (in %), 2018
Figure 4: Global: Lubricant Additives Market: Breakup by End-Use (in %), 2018
Figure 5: Global: Lubricant Additives Market: Breakup by Distribution Channel (in %), 2018
Figure 6: Global: Lubricant Additives Market: Breakup by Region (in %), 2018
Figure 7: Global: Lubricant Additives Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Lubricant Additives Market: Price Structure (US$/Ton)
Figure 9: Global: Lubricant Additives Industry: SWOT Analysis
Figure 10: Global: Lubricant Additives Industry: Value Chain Analysis
Figure 11: Global: Lubricant Additives Industry: Porter’s Five Forces Analysis
Figure 12: Global: Lubricant Additives (Dispersants) Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Lubricant Additives (Dispersants) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Lubricant Additives (Viscosity Index Improvers) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Lubricant Additives (Viscosity Index Improvers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Lubricant Additives (Detergents) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Lubricant Additives (Detergents) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Lubricant Additives (Antiwear and Antioxidants) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Lubricant Additives (Antiwear and Antioxidants) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Lubricant Additives (Corrosion Inhibitors) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Lubricant Additives (Corrosion Inhibitors) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Lubricant Additives (Friction Modifiers) Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Lubricant Additives (Friction Modifiers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Lubricant Additives (Emulsifiers) Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Lubricant Additives (Emulsifiers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Lubricant Additives (Automotive Lubricant) Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Lubricant Additives (Automotive Lubricant) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Lubricant Additives (Metalworking Fluid) Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Lubricant Additives (Metalworking Fluid) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Lubricant Additives (Industrial Engine Oil) Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Global: Lubricant Additives (Industrial Engine Oil) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Global: Lubricant Additives (Process Oil) Market: Sales Value (in Million US$), 2011 & 2018
Figure 33: Global: Lubricant Additives (Process Oil) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Global: Lubricant Additives (Grease) Market: Sales Value (in Million US$), 2011 & 2018
Figure 35: Global: Lubricant Additives (Grease) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Global: Lubricant Additives Market: Retail Sales (in Million US$), 2011 & 2018
Figure 37: Global: Lubricant Additives Market Forecast: Retail Sales (in Million US$), 2019-2024
Figure 38: Global: Lubricant Additives Market: Institutional Sales (in Million US$), 2011 & 2018
Figure 39: Global: Lubricant Additives Market Forecast: Institutional Sales (in Million US$), 2019-2024
Figure 40: Asia Pacific: Lubricant Additives Market: Sales Value (in Million US$), 2011 & 2018
Figure 41: Asia Pacific: Lubricant Additives Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: Europe: Lubricant Additives Market: Sales Value (in Million US$), 2011 & 2018
Figure 43: Europe: Lubricant Additives Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: North America: Lubricant Additives Market: Sales Value (in Million US$), 2011 & 2018
Figure 45: North America: Lubricant Additives Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: Middle East and Africa: Lubricant Additives Market: Sales Value (in Million US$), 2011 & 2018
Figure 47: Middle East and Africa: Lubricant Additives Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 48: Latin America: Lubricant Additives Market: Sales Value (in Million US$), 2011 & 2018
Figure 49: Latin America: Lubricant Additives Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 50: Global: Lubricant Additives Market: Import Breakup by Country (in %)
Figure 51: Global: Lubricant Additives Market: Export Breakup by Country (in %)
Figure 52: Lubricant Additives Manufacturing: Detailed Process Flow
 

List of Tables

Table 1: Global: Lubricant Additives Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Lubricant Additives Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 3: Global: Lubricant Additives Market Forecast: Breakup by End-Use (in Million US$), 2019-2024
Table 4: Global: Lubricant Additives Market Forecast: Breakup by Distribution Channel (in Million US$), 2019-2024
Table 5: Global: Lubricant Additives Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Lubricant Additives Manufacturing: Raw Material Requirements
Table 7: Global: Lubricant Additives Market: Competitive Structure
Table 8: Global: Lubricant Additives Market: Key Players

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