Lubricant Additives Market Industry Trends, SWOT Study and Forecast to 2029
                     Lubricant Additives Market Industry Trends, SWOT 
Study and Forecast to 2029
Lubricant Additives Market, By Lubricant Type (Engine Oil, Hydraulic Oil, Transmission 
Fluids, General Industrial Oils, Gear Oil, Metal Working Fluids, Grease, Others), Function 
(Dispersants and Emulsifier, Viscosity Index Improves, Detergents, Corrosion Inhibitors, 
Oxidation Inhibitors, Extreme-pressure Additives, Friction Modifiers, Others), End-User 
(Automotive and Others Transportation, Power Generation, Heavy Equipment, 
Metallurgy and Metal Working, Food Processing, Others), Industry Trends and Forecast 
to 2029.
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Market Analysis and Insights 
The lubricant additives market is expected to witness market growth at a rate of 6.05% in 
the forecast period of 2021 to 2028. Data Bridge Market Research report on lubricant 
additives market provides analysis and insights regarding the various factors expected to 
be prevalent throughout the forecast period while providing their impacts on the 
market’s growth. The increase in demand for the product for various industrial 
applications is escalating the growth of lubricant additives market.
Lubricant additives refer to the chemical compounds that are utilized for improving the 
performance of lubricants formulations, development of hypoid gears, steam turbines, 
marine, rail diesel engines, modern passenger’s car engines, and industrial processing 
machinery, among other equipment help to provide performance benefits.
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Major Key Players
Some of the major players operating in this market are : 
• BASF SE
• Lanxess AG
• Afton Chemical
• Chevron Corporation
• BRB International
• Evonik Industries AG
• Croda International Plc
• Infineum International Limited
• The Lubrizol Corporation, 
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Market Segmentation
• By Lubricant Type (Engine Oil, Hydraulic Oil, Transmission Fluids, General 
Industrial Oils, Gear Oil, Metal Working Fluids, Grease, Others)
• By Function (Dispersants and Emulsifier, Viscosity Index Improves, 
Detergents, Corrosion Inhibitors, Oxidation Inhibitors, Extreme-pressure 
Additives, Friction Modifiers, Others)
• By End-User (Automotive and Others Transportation, Power Generation, 
Heavy Equipment, Metallurgy and Metal Working, Food Processing, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical 
regions
    North America
       Europe
       Asia-Pacific
       South America
       Middle East 
       Africa
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