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Lubricating Oil Additives Market Trends 2019 | Growth by Top Companies: The Lubrizol Corporation Company, Infineum International Limited, Afton Chemical, Chevron Corporation, Evonik

Lubricating Oil Additives Market

Lubricating oil additives are the substances that are mainly used to enhance functional fluids and lubricants performance. Each of the additives is added to improve the functioning of one or more additives combined together. Largest use of such lubricating additives is in automotive engine which includes other applications such as hydraulic fluids and gear oils. Some of the major functional additives are detergents, oxidation inhibitors, anti-wear agents, viscosity index improvers and extreme pressure additives etc.

The Major players profiled in this report include The Lubrizol Corporation Company, Infineum International Limited, Afton Chemical, Chevron Corporation, Evonik and others.

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Scope of the Report:

The lubricative oil additives are mainly used in automotive and other industrial applications with customer satisfaction, technical support and flexibility. These additives impart new properties that influence the base oil performance. The best market growth of this market will be most probably in Asia-Pacific market in coming future. They are also consumed in auto vehicle industry with mandatory regulations and emission control.

The demand for oil additives in various industrial sectors have been increasing but the one sector that is focused the most is automotive one.

Engine oil lubricants are the one that make almost one half of the lubricant market and therefore have much more demand. They mainly extend the life of automobiles under many conditions such as pressure, temperature and speed. The main wok of lubricants is to reduce friction and heat from the moving parts of vehicles and also prevents various contaminants from doing any damage.

Lubricating oil additives were firstly used in 1920s resulting in increased usage. All types of lubricating oil contain at least one additive.

Global Lubricating oil additives market is projected to register a healthy CAGR of 3.5% in the forecast period of 2019 to 2026.

Business Expansion:

In November 2018, GE Power’s announced the opening the opening of their Biotechnology manufacturing centre in Stevenage Bioscience Catalyst. It is planned that in the first half of 2019 this unit will start producing fibre-based purification platform.

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Conducts Overall LUBRICATING OIL ADDITIVES Market Segmentation: This knowledgeable market research report offers lucrative opportunities by breaking down complex market data into segments on the basis of –

  • By Functional Type [Anti Wear Agents, Detergents, Dispersants, Viscosity Index Improvers, Anti-Oxidants, Extreme Pressure Additives, Rust & Corrosion Inhibitors, Pour Point Depressants (PPD), Emulsifiers, Friction Modifiers, Oxidation Inhibitors, Other],
  • Application (Industrial Oil, Metalworking Fluid, Process Oil, Engine Oil, Gear Oil, Hydraulics Fluid, Other),
  • End-User (Industrial, Automotive)

The LUBRICATING OIL ADDITIVES report covers market shares for global, Europe, North America, Asia Pacific and South America. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame.

One of the important factors in Lubricating Oil Additives Market report is the competitive analysis. The report covers all the key parameters such as product innovation, market strategies of the key players, market share, revenue generation, latest research and development, and market expert views.

There are 13 Chapters to thoroughly display the Lubricating Oil Additives market.

1 Report Overview

2 Global Growth Trends

3 Market Share by Key Players

4 Breakdown Data by Type and Application

5 Lubricating Oil Additives market Size by Regions

6 Sales Channel, Distributors, Traders and Dealers

7 North America Lubricating Oil Additives Revenue by Countries

8 Europe Lubricating Oil Additives Revenue by Countries

9 Asia-Pacific Lubricating Oil Additives Revenue by Countries

10 South America Lubricating Oil Additives Revenue by Countries

11 Middle East and Africa Revenue Lubricating Oil Additives by Countries

12 International Players Profiles

13 Market Forecast 2019-2026

14 Analyst’s Viewpoints/Conclusions

15 Appendix

Read Complete Details with TOC @  https://www.databridgemarketresearch.com/toc/?dbmr=global-lubricating-oil-additives-market                  

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