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The industrial lubricant additives market is forecasted to grow by USD 1.53 billion during 2023-2028, accelerating at a CAGR of 3.59% during the forecast period. The report on the industrial lubricant additives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth investments in energy industries, rapid industrialization in growing economies, and growing emphasis on specialized and synthetic solutions.
The industrial lubricant additives market is segmented as below:
By Application
- Engines
- Gears
- Hydraulic systems
- Steam turbines
By Type
- Performance enhancing additives
- Surface protecting additives
- Lubricant protecting additives
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the industrial lubricant additives market covers the following areas:
- Industrial lubricant additives market sizing
- Industrial lubricant additives market forecast
- Industrial lubricant additives market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global industrial lubricant additives market: Afton Chemical, BASF SE, BRB International BV, Chevron Corp., Clariant AG, DOG Deutsche Oelfabrik, Dover Chemical Corp., Eni SpA, Evonik Industries AG, Exxon Mobil Corp., FUCHS PETROLUB SE, Infineum International Ltd., Italmatch Chemicals Spa, King Industries Inc., Lanxess AG, Lucas Oil Products Inc., The Lubrizol Corp., Valvoline Inc., and Wuxi Southern Petroleum Additives Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing adoption of industrial lubricant additives in processing and packaging machinery."
According to the report, one of the major drivers for this market is the growth investments in energy industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Afton Chemical
- BASF SE
- BRB International BV
- Chevron Corp.
- Clariant AG
- DOG Deutsche Oelfabrik
- Dover Chemical Corp.
- Eni SpA
- Evonik Industries AG
- Exxon Mobil Corp.
- FUCHS PETROLUB SE
- Infineum International Ltd.
- Italmatch Chemicals Spa
- King Industries Inc.
- Lanxess AG
- Lucas Oil Products Inc.
- The Lubrizol Corp.
- Valvoline Inc.
- Wuxi Southern Petroleum Additives Co. Ltd.