Latest research report on “Lubricant and Fuel Additives Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Lubricating oil additives (LOAs) are used to enhance the performance of lubricants and functional fluids. Each additive is selected for its ability to perform one or more specific functions in combination with other additives. Selected additives are formulated into packages for use with a specific lubricant base stock and for a specified end-use application.
This report contains market size and forecasts of Lubricant and Fuel Additives in global, including the following market information:
Global Lubricant and Fuel Additives Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lubricant and Fuel Additives Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Lubricant and Fuel Additives companies in 2021 (%)
The global Lubricant and Fuel Additives market was valued at 19140 million in 2021 and is projected to reach US$ 27410 million by 2028, at a CAGR of 5.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single Component Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lubricant and Fuel Additives include Lubrizol, Infineum, Chevron Oronite, Afton, Lanxess AG, Innospec, BASF, Tianhe and GE(Baker Hughes), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lubricant and Fuel Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lubricant and Fuel Additives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Lubricant and Fuel Additives Market Segment Percentages, by Type, 2021 (%)
– Single Component
– Additive Package
Global Lubricant and Fuel Additives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Lubricant and Fuel Additives Market Segment Percentages, by Application, 2021 (%)
Global Lubricant and Fuel Additives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Lubricant and Fuel Additives Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Lubricant and Fuel Additives revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lubricant and Fuel Additives revenues share in global market, 2021 (%)
Key companies Lubricant and Fuel Additives sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Lubricant and Fuel Additives sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Chevron Oronite
– Lanxess AG
– GE(Baker Hughes)
– Sanyo Chemical Industries
– Dorf Ketal
– Miracema Nuodex
– Additiv Chemie Luers
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