Global Friction Modifiers Market Research Report 2023(Status and Outlook)

Global Friction Modifiers Market Research Report 2023(Status and Outlook)



Report Overview

Friction modifiers are added to lubricants in order to reduce friction and wear in machine components. They are particularly important in the boundary lubrication regime, where they can prevent solid surfaces from coming into direct contact, substantially reducing friction and wear.

The Asia Pacific region is the largest market for friction modifiers and is expected to continue leading the market till 2022. The growth of the Asia Pacific friction modifiers market can be attributed to the recognition of countries such as China, Japan, South Korea, and India as automotive hubs.

The Global Friction Modifiers Market Size was estimated at USD 40.00 million in 2022 and is projected to reach USD 52.99 million by 2029, exhibiting a CAGR of 4.10% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Friction Modifiers market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Friction Modifiers Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Friction Modifiers market in any manner.

Global Friction Modifiers Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Lubrizol

Afton Chemical

Infineum

Chevron Oronite Company

Croda

BASF

Lanxess

Kings Industries

BRB International

Vanderbilt Chemicals

CSW Industrials

Abitec

Wynn’s

Adeka

Archoil

Multisol

PMC Biogenix

Nyco

Akzonobel

Market Segmentation (by Type)

Organic Modifiers

Inorganic Modifiers

Others

Market Segmentation (by Application)

Confectionery

Ice Cream

Bakery

Dairy-based Sauces

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Friction Modifiers Market

Overview of the regional outlook of the Friction Modifiers Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Friction Modifiers
1.2 Key Market Segments
1.2.1 Friction Modifiers Segment by Type
1.2.2 Friction Modifiers Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Friction Modifiers Market Overview
2.1 Global Market Overview
2.1.1 Global Friction Modifiers Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Friction Modifiers Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Friction Modifiers Market Competitive Landscape
3.1 Global Friction Modifiers Sales by Manufacturers (2018-2023)
3.2 Global Friction Modifiers Revenue Market Share by Manufacturers (2018-2023)
3.3 Friction Modifiers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Friction Modifiers Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Friction Modifiers Sales Sites, Area Served, Product Type
3.6 Friction Modifiers Market Competitive Situation and Trends
3.6.1 Friction Modifiers Market Concentration Rate
3.6.2 Global 5 and 10 Largest Friction Modifiers Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Friction Modifiers Industry Chain Analysis
4.1 Friction Modifiers Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Friction Modifiers Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Friction Modifiers Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Friction Modifiers Sales Market Share by Type (2018-2023)
6.3 Global Friction Modifiers Market Size Market Share by Type (2018-2023)
6.4 Global Friction Modifiers Price by Type (2018-2023)
7 Friction Modifiers Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Friction Modifiers Market Sales by Application (2018-2023)
7.3 Global Friction Modifiers Market Size (M USD) by Application (2018-2023)
7.4 Global Friction Modifiers Sales Growth Rate by Application (2018-2023)
8 Friction Modifiers Market Segmentation by Region
8.1 Global Friction Modifiers Sales by Region
8.1.1 Global Friction Modifiers Sales by Region
8.1.2 Global Friction Modifiers Sales Market Share by Region
8.2 North America
8.2.1 North America Friction Modifiers Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Friction Modifiers Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Friction Modifiers Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Friction Modifiers Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Friction Modifiers Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Lubrizol
9.1.1 Lubrizol Friction Modifiers Basic Information
9.1.2 Lubrizol Friction Modifiers Product Overview
9.1.3 Lubrizol Friction Modifiers Product Market Performance
9.1.4 Lubrizol Business Overview
9.1.5 Lubrizol Friction Modifiers SWOT Analysis
9.1.6 Lubrizol Recent Developments
9.2 Afton Chemical
9.2.1 Afton Chemical Friction Modifiers Basic Information
9.2.2 Afton Chemical Friction Modifiers Product Overview
9.2.3 Afton Chemical Friction Modifiers Product Market Performance
9.2.4 Afton Chemical Business Overview
9.2.5 Afton Chemical Friction Modifiers SWOT Analysis
9.2.6 Afton Chemical Recent Developments
9.3 Infineum
9.3.1 Infineum Friction Modifiers Basic Information
9.3.2 Infineum Friction Modifiers Product Overview
9.3.3 Infineum Friction Modifiers Product Market Performance
9.3.4 Infineum Business Overview
9.3.5 Infineum Friction Modifiers SWOT Analysis
9.3.6 Infineum Recent Developments
9.4 Chevron Oronite Company
9.4.1 Chevron Oronite Company Friction Modifiers Basic Information
9.4.2 Chevron Oronite Company Friction Modifiers Product Overview
9.4.3 Chevron Oronite Company Friction Modifiers Product Market Performance
9.4.4 Chevron Oronite Company Business Overview
9.4.5 Chevron Oronite Company Friction Modifiers SWOT Analysis
9.4.6 Chevron Oronite Company Recent Developments
9.5 Croda
9.5.1 Croda Friction Modifiers Basic Information
9.5.2 Croda Friction Modifiers Product Overview
9.5.3 Croda Friction Modifiers Product Market Performance
9.5.4 Croda Business Overview
9.5.5 Croda Friction Modifiers SWOT Analysis
9.5.6 Croda Recent Developments
9.6 BASF
9.6.1 BASF Friction Modifiers Basic Information
9.6.2 BASF Friction Modifiers Product Overview
9.6.3 BASF Friction Modifiers Product Market Performance
9.6.4 BASF Business Overview
9.6.5 BASF Recent Developments
9.7 Lanxess
9.7.1 Lanxess Friction Modifiers Basic Information
9.7.2 Lanxess Friction Modifiers Product Overview
9.7.3 Lanxess Friction Modifiers Product Market Performance
9.7.4 Lanxess Business Overview
9.7.5 Lanxess Recent Developments
9.8 Kings Industries
9.8.1 Kings Industries Friction Modifiers Basic Information
9.8.2 Kings Industries Friction Modifiers Product Overview
9.8.3 Kings Industries Friction Modifiers Product Market Performance
9.8.4 Kings Industries Business Overview
9.8.5 Kings Industries Recent Developments
9.9 BRB International
9.9.1 BRB International Friction Modifiers Basic Information
9.9.2 BRB International Friction Modifiers Product Overview
9.9.3 BRB International Friction Modifiers Product Market Performance
9.9.4 BRB International Business Overview
9.9.5 BRB International Recent Developments
9.10 Vanderbilt Chemicals
9.10.1 Vanderbilt Chemicals Friction Modifiers Basic Information
9.10.2 Vanderbilt Chemicals Friction Modifiers Product Overview
9.10.3 Vanderbilt Chemicals Friction Modifiers Product Market Performance
9.10.4 Vanderbilt Chemicals Business Overview
9.10.5 Vanderbilt Chemicals Recent Developments
9.11 CSW Industrials
9.11.1 CSW Industrials Friction Modifiers Basic Information
9.11.2 CSW Industrials Friction Modifiers Product Overview
9.11.3 CSW Industrials Friction Modifiers Product Market Performance
9.11.4 CSW Industrials Business Overview
9.11.5 CSW Industrials Recent Developments
9.12 Abitec
9.12.1 Abitec Friction Modifiers Basic Information
9.12.2 Abitec Friction Modifiers Product Overview
9.12.3 Abitec Friction Modifiers Product Market Performance
9.12.4 Abitec Business Overview
9.12.5 Abitec Recent Developments
9.13 Wynn’s
9.13.1 Wynn’s Friction Modifiers Basic Information
9.13.2 Wynn’s Friction Modifiers Product Overview
9.13.3 Wynn’s Friction Modifiers Product Market Performance
9.13.4 Wynn’s Business Overview
9.13.5 Wynn’s Recent Developments
9.14 Adeka
9.14.1 Adeka Friction Modifiers Basic Information
9.14.2 Adeka Friction Modifiers Product Overview
9.14.3 Adeka Friction Modifiers Product Market Performance
9.14.4 Adeka Business Overview
9.14.5 Adeka Recent Developments
9.15 Archoil
9.15.1 Archoil Friction Modifiers Basic Information
9.15.2 Archoil Friction Modifiers Product Overview
9.15.3 Archoil Friction Modifiers Product Market Performance
9.15.4 Archoil Business Overview
9.15.5 Archoil Recent Developments
9.16 Multisol
9.16.1 Multisol Friction Modifiers Basic Information
9.16.2 Multisol Friction Modifiers Product Overview
9.16.3 Multisol Friction Modifiers Product Market Performance
9.16.4 Multisol Business Overview
9.16.5 Multisol Recent Developments
9.17 PMC Biogenix
9.17.1 PMC Biogenix Friction Modifiers Basic Information
9.17.2 PMC Biogenix Friction Modifiers Product Overview
9.17.3 PMC Biogenix Friction Modifiers Product Market Performance
9.17.4 PMC Biogenix Business Overview
9.17.5 PMC Biogenix Recent Developments
9.18 Nyco
9.18.1 Nyco Friction Modifiers Basic Information
9.18.2 Nyco Friction Modifiers Product Overview
9.18.3 Nyco Friction Modifiers Product Market Performance
9.18.4 Nyco Business Overview
9.18.5 Nyco Recent Developments
9.19 Akzonobel
9.19.1 Akzonobel Friction Modifiers Basic Information
9.19.2 Akzonobel Friction Modifiers Product Overview
9.19.3 Akzonobel Friction Modifiers Product Market Performance
9.19.4 Akzonobel Business Overview
9.19.5 Akzonobel Recent Developments
10 Friction Modifiers Market Forecast by Region
10.1 Global Friction Modifiers Market Size Forecast
10.2 Global Friction Modifiers Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Friction Modifiers Market Size Forecast by Country
10.2.3 Asia Pacific Friction Modifiers Market Size Forecast by Region
10.2.4 South America Friction Modifiers Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Friction Modifiers by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Friction Modifiers Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Friction Modifiers by Type (2024-2029)
11.1.2 Global Friction Modifiers Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Friction Modifiers by Type (2024-2029)
11.2 Global Friction Modifiers Market Forecast by Application (2024-2029)
11.2.1 Global Friction Modifiers Sales (K MT) Forecast by Application
11.2.2 Global Friction Modifiers Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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