• The global demand for lubricant additives stood nearly at US$ 15.72 Bn in 2018 and is projected to reach over US$ 18 Bn by 2027. Lubricant additives are blended with base oils to produce finished lubricants. These additives perform different functions to enhance the life and performance of finished lubricants. • In terms of volume, global lubricant additives market is anticipated to reach more than 5,000 Kilo Tons by 2027. The lubricant additives market would be chiefly driven by the strict emission standards and increasing number of passenger cars in developing countries during the forecast period.