Friction Modifier Additives Market, By Application (Automotive Lubricant, Industrial Lubricant, Aviation Lubricants, Power Generation Lubricants, Rail Lubricants), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) -

Friction Modifier Additives Market, By Application (Automotive Lubricant, Industrial Lubricant, Aviation Lubricants, Power Generation Lubricants, Rail Lubricants), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Friction modifier additives are used in the engine oil for reducing the friction and enhance the fuel-efficiency. Moreover, they also prevent the scoring, wear, and noise in the engine. Furthermore, it is also helpful in preventing micro pitting in industrial gear lubricants. Some of the major application of the friction modifier additives are automatic & manual transmission, gasoline engine oils, power steering, tractor hydraulic systems, and metalworking applications.
Market Dynamics
Growing mining activities around the globe is boosting demand for the industrial lubricants market is expected to accelerate the market growth of friction modifier additives. The growing use of gasoline engines in passenger cars and the advent of the high diesel engine in commercial vehicles are some of the other trends in the market. All these factors are expected to propel the market growth.
Growing mining activities around the globe is boosting demand for the industrial lubricants market is expected to accelerate the market growth of friction modifier additives. The growing use of gasoline engines in passenger cars and the advent of the high diesel engine in commercial vehicles are some of the other trends in the market. All these factors are expected to propel the market growth.
Decline in use of automotive lubricant additives due to increasing use of fuel cells on the account of advancement in the technology is expected to hamper the market growth.
Key features of the study:
This report provides in-depth analysis of the global friction modifier additives market and provides market size (US$ Million & Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on friction modifier additives market.
It profiles key players in the global friction modifier additives market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Chemtura Corp., Afton Chemicals Corp., Multisol, Wynn’s, Archoil, and Whitmore
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global friction modifier additives market report caters to various stakeholders in this industry including investors, suppliers, friction modifier additives manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the friction modifier additives market
Detailed Segmentation:
Global Friction Modifier Additives Market, By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Global Friction Modifier Additives Market, By Region:
North America
U.S.
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Canada
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Europe
U.K.
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Germany
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
France
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Italy
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Spain
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Russia
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Rest of Europe
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Asia Pacific
China
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
India
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Japan
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
ASEAN
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Australia
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
South Korea
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Rest of Asia Pacific
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Latin America
Brazil
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Mexico
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Rest of Latin America
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Middle East
GCC
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Israel
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Rest of Middle East
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Africa
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Central Africa
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
South Africa
By Application:
Automotive Lubricant
Industrial Lubricant
Aviation Lubricants
Power Generation Lubricants
Rail Lubricants
Company Profiles
Chemtura Corp. *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Afton Chemicals Corp.
Multisol
Wynn’s
Archoil
Whitmore
“*” marked represents similar segmentation in other categories in the respective section.