市场概况

润滑油添加剂市场预计将以复合年增长率增长 (复合年增长率) 的 4.63% 从 2022 到 2027, 达到一个值 $13.2 十亿 2027, 相比 $10 十亿 2021. 润滑油添加剂, including viscosity index improvers, 分散剂, detergents, friction modifiers, corrosion inhibitors, and rust inhibitors, are essential components in the formulation of finished lubricant products and base oil. These additives play a crucial role in improving the performance of base oil and extending the lifespan of machines and engines.

The global demand for high-performance lubricant oil additives is driven by various factors, such as increased vehicle production, growing marine voyages, and the integration of advanced technology in industrial units. This demand can be categorized based on product types and application segments.

In emerging economies like India, 中国, 韩国, 和巴西, the production and demand for vehicles have witnessed substantial growth. These countries have become manufacturing hubs for commercial and passenger vehicles, attracting foreign players due to factors such as low-cost labor, easy access to raw materials, and government support. In the automotive industry, lubricant additives are utilized in engine oil, gear oil, hydraulic fluid, and transmission fluid.

The demand for multifunctional lubricant additives is driven by advancements in engine design and consumer preference for high-performance products. Multifunctional additives offer various benefits in a single product, providing excellent anti-wear, extreme pressure, corrosion resistance, and antioxidant properties to automotive and industrial lubricants. 此外, they help companies save time and cost.

The main challenge faced by the lubricant additive industry is the volatility of crude oil prices. Crude oil serves as the primary raw material for producing lubricant additive feedstocks like ZDDP, para cresol, isobutylene, and polytetrafluoroethylene (PTFE). Any increase or fluctuation in crude oil prices directly impacts the cost of lubricant additives, posing a significant threat to vendor profit margins.

市场细分

市场根据多种因素进行细分, 包括类型, 应用, 和地理.

按类型细分
Dispersant
Detergent
Oxidation Inhibitors
Anti-Wear Agent
Friction Modifiers
其他的

按应用细分
Automotive Fluid
Industrial Fluid
Driveline Fluid

按地理位置细分
北美 – 我们, 加拿大
欧洲 – 德国, 法国, 英国, 意大利, 俄罗斯, 欧洲其他地区
亚太地区 – 中国, 日本, 印度, 韩国, 澳大利亚, 亚太地区其他地区
拉美 – 巴西, 墨西哥, 阿根廷
中东 & 非洲 – 南非, 沙特阿拉伯, 阿联酋, Rest of The Middle East & 非洲

The most widely used lubricant additive in industrial and automotive oil is the dispersant. The majority, 大约 75%-80%, of its usage is found in heavy-duty diesel engine lubricants and gasoline engines. Dispersants serve the crucial purpose of preventing the accumulation of suspended particles, such as sludge, varnish, and dirt, in diesel engine oil. This helps to minimize damage to engine equipment.

在 2021, automotive lubricants held the largest share in the lubricant additives market, and they are expected to continue leading the market in the forecast period. This can be attributed to the increasing production of commercial vehicles, passenger vehicles, and two-wheelers worldwide. These vehicles not only require engine oil for lubrication but also rely on it to prevent the buildup of suspended particles on engine components.

亚太地区 (亚太地区) region emerged as the third largest and fastest growing market for lubricant additives. 中国, 印度, and South Korea were at the forefront of this growth. In these countries, the demand for lubricant additives has surged in the automotive and transportation sectors, along with increasing mining activities and the manufacturing and machinery sector. This growth is driven by regulatory measures aimed at reducing carbon emissions. 此外, the implementation of manufacturing-friendly policies such as Vocal for Local and Make in India in India has provided domestic players with opportunities to expand their presence in the lubricating oil additives market.

竞争格局

The global lubricant additives market exhibits a fragmented nature, and this fragmentation is projected to intensify throughout the forecast period. The market consists of a substantial number of vendors, both on a global scale and domestically, operating across different geographical regions. The market is characterized by high entry barriers, as new entrants must possess advanced technical expertise to manufacture lubricant additives and ensure proper packaging. 此外, significant investments are required to establish production facilities and undergo extensive product testing in order to obtain the necessary licenses for market operation. 最后, these factors contribute to the hesitation of new players in entering the market.

Key companies profiled in this report include BASF, Lanxess, The Lubrizol Corporation, Solvay, Chevron Oronite (Chevron Corporation), King Industries, 公司, DOUBLE BOND CHEMICAL. IND CO., 有限公司, Evonik, Chetas Biochem, Liqui Moly Gmbh, Ganesh Benzoplast, Shenyang Skychen Chemical Co., 有限公司, 科莱恩, Croda International Plc.

最新行业发展

十一月 2020, Evonik expanded its oil additives performance lab, state-of-the-art laboratory facilities, and testing services throughout China. This new performance test lab is equipped with advanced testing equipment, including an FE8 bearing wear test, FZG efficiency test rig, mini traction, and the Denison HF-0 test rig. These capabilities allow the company to meet the growing technical demands of the lubricant industry by developing high-performance and fuel-efficient additives.

十一月 2021, Evonik announced Brenntag Bulgaria EOOD as its new distributor partner for lubricant additives in Greece.

In October 2021, Evonik announced a partnership with Umongo Petroleum (PTY) Ltd to serve as its distributor for lubricant additives in South Africa. 然而, the distribution of lubricant additives by Umongo Petroleum (PTY) Ltd commenced in January 2022. This strategic collaboration enables Evonik to expand its range of lubricant additives across South Africa.

已回答的关键问题

WHAT IS THE SIZE OF THE GLOBAL LUBRICANT ADDITIVES MARKET?

The global lubricant additives market was valued at USD 10 十亿 2021 预计将达到美元 13.2 十亿 2027.

WHAT IS THE GROWTH RATE OF THE GLOBAL LUBRICANT ADDITIVES MARKET?

The global lubricant additives market is expected to grow at a compound annual growth rate (复合年增长率) 的 4.63%.

WHO ARE THE KEY PLAYERS IN THE LUBRICANT ADDITIVES MARKET?

The key players in the lubricant additives market include BASF, Lanxess, The Lubrizol Corporation, Solvay, and Chevron Oronite (Chevron Corporation).

WHAT ARE THE DRIVING FACTORS FOR GROWTH IN THE GLOBAL LUBRICANT ADDITIVES MARKET?

The major growth factors in the market are the increasing demand for multifunctional additives and the rise in disposable income.

WHICH REGION IS EXPECTED TO DOMINATE THE GLOBAL LUBRICANT ADDITIVES MARKET?

North America is expected to hold the largest share in the market.