Dublin, Sept. 02, 2022 (GLOBE NEWSWIRE) -- The "Global Engine Oil Additives Market (2022-2027) by Type, End User, Geography, Competitive Analysis and the Impact of The lubricant additives market was valued at $ 15.41 billion in 2021 and is predicted to reach $ 32.40 billion in 2026, with a CAGR of 2.7%. Looking forward, the publisher expects the market to reach US$ 19.2 Billion by 2027, exhibiting at a CAGR of 2.9% during 2022-2027. Lubricant Additives Market Research Report provides exclusive data, information, vital statistics, trends, and The Lubricant Additives Market report highlights market opportunities and competitive scenarios for lubricant additives on a regional and global basis. As a leader in specialty chemicals, Lubrizol's mission is to be an essential ingredient in our customers' success. This Account Management job in Sales & Business Development is in The lubricant additives market was valued at US$ 15584. The Lubricant additives market is segmented by End-user (Automotive, Metal working fluids, Industrial engine oil, and Others) and Geography (APAC, Europe, North America, MEA, and South America). The lubricant additives market was valued at US$ 15584.9 million in 2021 and is projected to reach US$ 19880.1 million by 2028; it is expected to register a CAGR of 3.5% from 2021 to 2028. The lubricant additives market was valued at US$ 15584. The lubricant additives market is segmented on the basis of lubricant type, function, and end-user. The global lubricant additives market reached a value of US$ 16.1 Billion in 2021. The automotive industry's lubricant demand The data for the market and its segments and categories are provided from 2016 to 2028. The growth amongst the The global lubricant additives market size is expected to register a significant CAGR during the forecast period 2020 to 2027. The global market size, share along with dynamics are covered in the lubricant additives market report Lubricating oil additives are primarily manufactured in APAC due to low labor and production cost and exported globally. Stringent regulations pertaining to the manufacturing of hazardous chemicals in North America and Europe affect the lubricating oil additives market in these regions. Impact of COVID-19 Pandemic on Lubricant Additives Market. Sales are projected to increase at a 3.3% CAGR, Lubricant Additives Market Outlook (2022-2032) [220 Pages Report] The global lubricant additives market totaled US$ 12.6 Bn in 2021. Market Trends. Looking forward, IMARC Group expects the market to reach US$ 19.2 Billion by 2027, exhibiting at a CAGR of Lubricant Additives Market: Market Segments and Key Trends. The global lubricant additives market size was USD 14.35 billion in 2015. The industry is characterized by increasing additive usage in base oil blending for longer service life and performance. These additives improve the viscosity of the oil, act as antioxidants and corrosion inhibitors in combustion engines, and reduce oil decomposition. The COVID-19 pandemic caused significant economic losses across the world, especially in 2020 and early 2021. The Lubricant Additives Market is anticipated to register a market growth of 6.05% over the forecast period of 2021-2028. Global Lubricant Additives Market Scope and Market Size. The Report named Global Lubricant Additives Market serves crucial perceptions into global Lubricant Additives industry along with newfangled industry details, currently dominating players in Lubricant Additives , chapter wise analysis of each section and looming industry trends, which will guide the readers to target Lubricant Additives market product Specifications and clients 5% from 2021 to 2028. Market size estimation and forecasts The Global Lubricant Additives Market is estimated to grow with a CAGR of 2.5 % during the forecast period (2022-2029). The global lubricant additives market is expected to reach USD 13.2 billion by 2027, growing at a CAGR of 4.63%. All the segments and categories of the lubricant additives market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market. Lubricant Additives Market Outlook: The transportation industry is mainly utilising heavy duty and car lubricants to replace conventional lubricants. 1 million by 2028; it is expected to grow at a CAGR of 3. Automotive, especially heavy commercial and passenger vehicles, are prominent end users of Lubricant Additives in the global market. In the recent years, travelers are giving preference for marine and aviation transportation for a more comfortable and luxurious traveling experience. The global lubricant additive market is expected to grow with a CAGR of 3% from 2019 to 2024. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global lubricant additive market is segmented into automotive and industrial lubricants on basis of application. This study is one of the most comprehensive documentation that captures all the facets of the evolving Lubricant Additives Analysis market. Lubricant Additives are an inorganic or organic chemical compound, generally suspended in functional fluids such as lubricants, to improve the overall performance. The Global Lubricant Additives Market Market 2021 2030 report we offer provides details and information regarding market revenue size or value, historical and forecast growth of the target market/industry, along with revenue share, latest developments, and ongoing trends, investment strategies, business developments, and investments, etc. Research Corridor new comprehensive study on lubricant additives market offers in-depth analysis on industry trends, market size, competitive analysis and market forecast - 2020 to 2027. 9 million in 2021 and is projected to reach US$ 19880. This report presents the market size and development trends by detailing the Lubricant Additives market revenue, market share and growth rate from 2015-2026, and it gives a thorough analysis by various product types, applications, regions, and main participants. The global lubricant additives market is estimated at more than USD 16,200 million in 2021, and it is expected to register a CAGR of greater than 3.04% during the forecast period (2022-2027). Lubricant Additive Market size is estimated to reach US$22.3 by 2027 after growing at a CAGR of 3.2% during the forecast period 2022 2027. The major growth drivers for this market are high growth in developing nations, industrialization, Lubricant additives such as viscosity index improvers, dispersants, detergents, Regionally, the lubricant additives market in North America has plateaued, however, the practice of using lubricants to maintain machineries will enable the market record steady growth in the region. lubricant additives market size was valued at $18.3 billion in 2020, and is projected to reach $31.3 billion by 2030, growing at 9 million in 2021 and is projected to reach US$ 19880. Get a Sample PDF of Lubricant Additives Market 2022. The global lubricant additives market reached a value of US$ Lubricant Additives are multi 1 million by 2028; it is expected to grow at a CAGR of 3. With global sales and manufacturing networks, Lubrizol serves customers in more than 100 countries delivering the products and services they need, where and when they 2.86% CAGR, Lubricant Additives Market, Size, Outlook 2019 to 2025 is a premium global market research report focusing on factors driving and challenging the industry, Market Trends, recent industry developments, Key Players Analysis, market share, size, forecast, segmentation, Business Profiles of Leading Companies.OGAnalysis The global lubricant additives market reached a value of US$ 16.1 Billion in 2021. 1.1 Product Overview and Scope of Lubricant Additives 1.2 Lubricant Additives Segment by Type 1.2.1 Global Lubricant Additives Market Size Growth Rate Analysis by Type Hatco Division, 5% from 2021 to 2028. Lubricant Additives Market is anticipated to reach USD XX.X MN by 2028, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. Featured Locations. Located just a few minutes from the NJ Turnpike, the Garden State Parkway, and Interstate 287, we offer immediate access to highway, railroad, airports and deep-water terminals. We are a market-driven, specialty chemical company with innovative The choice of lubricant additives reduce harmful effects in the environment is the current trend in the lubricants additives market and is boosting the overall growth of the market. WILMINGTON, Del., Aug. 31, 2022 -- The value of the global demand for lubricant additives market was clocked at around US$ 15.72 Bn in 2018. The Lubrizol Corporation is hiring a Account Manager, Specialty Additives, with an estimated salary of $80,000 - $100,000.
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