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The Lubricant Oil Additive market is a segment of the larger lubricants and greases industry. It is composed of products that are added to lubricants and greases to improve their performance and extend their life. These additives can improve the lubricant's ability to resist oxidation, reduce wear, and reduce friction. They can also help to reduce deposits, improve viscosity, and reduce foaming.
The lubricant oil additive market is highly competitive, with many companies offering a wide range of products. Major players in the market include Chevron, Shell, ExxonMobil, Total, and BP. Other companies in the market include Lubrizol, Infineum, Afton Chemical, and Evonik. Show Less Read more