Lubricant Additives Market Research Report - Global Forecast Till 2030

Lubricant Additives Market Research Report: Information By Product (Dispersants, Viscosity Index Modifiers, Detergents, Anti-Wear Additives, Antioxidants, Friction Modifiers), By Application (Automotive (HDV and LDV), Industrial (Metalworking Fluids, General Industrial Oil, Industrial Engine Oil)) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) ‚Äď Market Forecast Till 2030.

ID: MRFR/CnM/1618-HCR | 140 Pages | Published By Chitranshi Jaiswal on March 2023         

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Global Lubricant Additives Market Overview

The  Lubricant Additives Market Size was valued at USD 17.89 Billion in 2022 and is projected to grow from USD 18.09 Billion in 2023 to USD 21.62 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 2.57% during the forecast period (2023 - 2030). The global market players and public authorities like centers and governments are focusing on the emerging need for the market to return to daily functioning. For the same, restrictions are being lifted followed by the increase in investments that is a result of the variation in market products and services that promise a higher degree of profitability. The investment will help in enhancing the service and product portfolio followed by their grand launch in the international market to meet the rising needs of a global target audience.


  Lubricant Additives Market Overview         


 Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Lubricant Additives Market Trends


Significant demand for the product in the automotive and transportation industry due to the stringent regulations regarding fuel emissions.


The lubricants additives market share has many aspects to expand upon during the forecast period. Environmental concerns are a major factor that predicts the future of any global market as climate change is an important and considerable fact in the 21st century. Lubricant formation and use are highly dependent on environmental concerns. The lubricant additives are important ingredients in the preparation of modern lubricants that will act as major driving forces for the market during the forecast period that will be ending in 2030.  


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Additionally, There has been a huge implication since the lubricants additives market size is increasing, and hence, stringent environmental regulation regarding the emission degrees and industrial growth in regional markets like that of the Middle East and Africa are the major factors that will drive the global growth for the market during the forecast period of 2021-2030. Also, the growing popularity of high-performance lubricants in the APAC region will give rise to great expansion opportunities for the market during the period that will be ending in 2030.


Lubricant Additives Market Segment Insights


Lubricant Additives Product Insights


The  Lubricant Additives Market segmentation, based on Product, includes dispersants, viscosity index improvers, detergents, anti-wear additives, antioxidants, and friction modifiers among others such as corrosion inhibitors and emulsifiers. Dispersants and viscosity improvers collectively accounted for over 40% of the global volume in 2015. Dispersants are widely used to prevent sludge or varnish or other deposit formation on surfaces. About three-quarters of their usage is in diesel and gasoline engine oils, where their usage is subjected to engine protection.


Lubricant Additives Application Insights


Based on Application, the  Lubricant Additives Market segmentation includes Automotive (HDV and LDV), Industrial (Metalworking Fluids, General Industrial Oil, and Industrial Engine Oil). These segments are further divided into heavy-duty & passenger car motor oils, general industrial oils, industrial engine oils, and metalworking fluids.


Passenger car motor oil was the dominant segment accounting for over 30% of the global volume in 2014 and is expected to maintain its dominance over the forecast period. EURO norms, regulating the amount of nitrogen oxide, carbon monoxide, soot, and hydrocarbons coupled with a shift in consumer preferences towards using operationally efficient and low-viscosity fuel is driving the need for passenger car motor oil.


Figure 2:  Lubricant Additives Market, by Application, 2023 & 2030 (USD Billion)


  Lubricant Additives Market, by Application, 2023 & 2030           


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Lubricant Additives Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The distribution of the market segments, assets, raw materials, skilled professionals, and resources plays a major role in predicting the regional performance that is involved in the global market functioning. The lubricants additives market trends show that the APAC region will dominate the global growth of the market during the forecast period that will be ending in 2030.


Figure 3:  LUBRICANT ADDITIVES MARKET SHARE BY REGION 2023 (%)


   LUBRICANT ADDITIVES MARKET SHARE BY REGION 2023   


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review 


The APAC region is emerging as one of the most favored locations for market manufacturers as this region offers low-cost production and there is a vivid presence of the rapidly growing markets in the region like South Korea, India, and China. There has been an increased annual vehicle sales recorded followed by supportive legislation and regulations that will have a positive impact on the market size in this region.


Lubricant Additives Key Market Players & Competitive Insights


Major market players are spending a lot of money on R&D to increase their product lines, which will help the Lubricant Additives market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Lubricant Additives industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.


The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Lubricant Additives. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Lubricant Additives industry must offer affordable products.


Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Lubricant Additives industry to benefit customers and expand the market sector. The Low-Profile Additives market has recently given medicine some of the most important advantages. Major Lubricant Additives market players, including Afton Chemical (US), Total (France), Croda (UK), Chevron Oronite (US), and others, are attempting to increase market demand by funding R&D initiatives.


Afton is a manufacturer of vertical industrial pumps. It offers close control over design, proven hydraulics, integrity and manufacturing, engineering, and other services.


Also, Croda International is a company engaged in the manufacture of specialty chemicals. It offers adhesives, crop protection additives and adjuvants, seed enhancement and animal health chemicals, lubricant additives, and specialty additives for plastics, coatings, and polymers. The company also provides specialty ingredients for skin care, hair care, and sun care products.


Key Companies in the Lubricant Additives market include



  • Afton Chemical (US)

  • Total (France)

  • Croda (UK)

  • Chevron Oronite (US)

  • BRB International (Netherlands)

  • Lanxess (Germany)

  • BASF (Germany)

  • Infineum (UK)

  • Evonik Industries (Germany)

  • Lubrizol (US)


Lubricant Additives Industry Developments


The construction sector is witnessing a major demand for infrastructural development. Hence, the construction of tall buildings and hotels is in full swing which promises a good base for the market to grow in China, as a part of the APAC region during the forecast period of 2021-2030.


In May 2020, a prominent and popular market player - Nestle decided to increase its investment strength by enhancing its footprints and further, promising a better portfolio in its production countries. Nestle has a plan of investment that is worth USD 103.4 million. The idea behind this is to expand its hand at the existing pet food plant in Tianjin and opt for its first production facility in Asia for plant products. 


Lubricant Additives Market Segmentation


Lubricant Additives Product Outlook



  • Dispersants

  • Viscosity Index Modifiers

  • Detergents

  • Anti-Wear Additives

  • Antioxidants

  • Friction Modifiers


Lubricant Additives Application Outlook



  • Automotive (HDV and LDV)

  • Industrial (Metalworking Fluids, General Industrial Oil, Industrial Engine Oil)


Lubricant Additives Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America





Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD  17.89 Billion
Market Size 2023 USD 18.09 Billion
Market Size 2030 USD 21.62 Billion
Compound Annual Growth Rate (CAGR) 2.57% (2023-2030)
Base Year 2023
Market Forecast Period 2023-2030
Historical Data 2018 & 2020
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Product, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled BASF SE (Germany), Afton Chemical (US), LANXESS (US), Chevron Corporation (US), BRB International (Netherlands), Evonik AG (Germany), Croda International PLC (UK), Infineum International Limited (UK), The Lubrizol Corporation (UK), Tianhe Chemicals (China), DOVER CHEMICAL CORPORATION (US), SHEPHERD CHEMICAL COMPANY (US), DOG Chemie (Germany), JINZHOU KANGTAI LUBRICANT ADDITIVES CO. LTD (China), Wuxi South Petroleum Additives Co. Ltd (China)
Key Market Opportunities ·         Introduction of a dual-clutch transmission, wherein, gears can be changed without interrupting the power flow from the engine to the transmission.
Key Market Dynamics ·         Significant demand for the product in the automotive and transportation industry due to the stringent regulations regarding fuel emissions ·  Growing demand for lightweight and fuel-efficient military aircraft for homeland security and counterterrorism.


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Frequently Asked Questions (FAQ) :

The  Lubricant Additives Market size was valued at USD  17.89 Billion in 2022.

The global market is projected to grow at a CAGR of 2.57% during the forecast period, 2023-2030.

Asia Pacific had the largest share of the  Lubricant Additives Market.

The key players in the market are BASF SE (Germany), Afton Chemical (US), LANXESS (US), Chevron Corporation (US), BRB International (Netherlands), Evonik AG (Germany), Croda International PLC (UK), Infineum International Limited (UK), The Lubrizol Corporation (UK), Tianhe Chemicals (China), DOVER CHEMICAL CORPORATION (US), SHEPHERD CHEMICAL COMPANY (US), DOG Chemie (Germany), JINZHOU KANGTAI LUBRICANT ADDITIVES CO. LTD (China), Wuxi South Petroleum Additives Co. Ltd (China)

The Dispersants categories dominated the market in 2023.

The Passenger car had the largest share in the global market for Lubricant Additives.