Lubricant Additives Market Examined & Forecast in New M&M Report Published at MarketPublishers.com23 Jun 2014 • by Natalie Aster
LONDON – The value of the global lubricant additive market is anticipated to post growth at a 2.7% CAGR in the next six years and is predicted to amount to USD 16.2 billion by 2019. APAC, with its flourishing economy along with the rapidly expanding automotive and industrial sectors, is the world’s dominant consumer of lubricant additives, accounting for around 30% of the world’s total demand. Easy availability of raw materials and cheap labor are the key factors attracting manufacturers of lubricant additives to the APAC region. Furthermore, the region is expected to witness the highest growth in terms of demand through 2019, followed by North America.
Lubrizol, BASF, Chevron Oronite, Afton, Infineum, Croda, Evonik and Tianhe Chemicals Group are amid the top companies engaged in the worldwide lubricant additives industry.
New research report “Lubricant Additives Market by Function Type (Dispersants, VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors, Emulsifiers, & Others), and Application (Automotive & Industrial Lubricants) - Global Trends & Forecast to 2019” elaborated by MarketsandMarkets (M&M) offers a close look at the landscape of the world market for lubricant additives.
The report gives in-depth insights into the global lubricant additives market, features the market dynamics, and offers a granular analysis of the top challenges and opportunities of the overall market. The study contains Porter’s five forces and market segmentation analyses, characterizes the competitive climate, reviews the prevailing market development trends, and also provides detailed profiles of the key market players. It covers the most important industry issues and includes 5-year forecasts of the global lubricant additives industry performance.
Lubricant Additives Market by Function Type (Dispersants, VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors, Emulsifiers, & Others), and Application (Automotive & Industrial Lubricants) - Global Trends & Forecast to 2019
Published: June, 2014
Price: US$ 4,650.00
Other Research Studies by MarketsandMarkets:
- Isocyanate Market by Type (MDI, TDI, Aliphatic, Others) & Application (Rigid Foam, Flexible Foam, Paints & Coatings, Adhesive & Sealants, and Elastomers & Binders) - Global Trends & Forecast to 2019
- Meat Substitutes Market by Source (Soy, Wheat, Mycoprotein), Type (Tofu, Tempeh, TVP, Seitan, Quorn, Others), Category (Frozen, Refrigerated, Shelf-Stable) & Geography - Global Trends, Forecasts up to 2019
More new reports by the publisher can be found at M&M page.