Global Engine Oil Additives Market Growth 2023-2029

Global Engine Oil Additives Market Growth 2023-2029

Engine Oil Additives is one kind of additives of the engine oil; it can improve the function of the engine oil. The additives include single component and additive package. The single component’s price is lower than the additive package.
LPI (LP Information)' newest research report, the “Engine Oil Additives Industry Forecast” looks at past sales and reviews total world Engine Oil Additives sales in 2022, providing a comprehensive analysis by region and market sector of projected Engine Oil Additives sales for 2023 through 2029. With Engine Oil Additives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engine Oil Additives industry.
This Insight Report provides a comprehensive analysis of the global Engine Oil Additives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Engine Oil Additives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Engine Oil Additives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engine Oil Additives and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engine Oil Additives.
The global Engine Oil Additives market size is projected to grow from US$ 13590 million in 2022 to US$ 15690 million in 2029; it is expected to grow at a CAGR of 15690 from 2023 to 2029.
The major players in global Engine Oil Additives market include Lubrizol, Infineum, Chevron Oronite, etc. The top 3 players occupy over 65% shares of the global market. North America and Europe are main markets, they occupy about 50% of the global market. Additive Package is the main type, with a share about 70%. Automotive Engine is the main application, which holds a share over 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Engine Oil Additives market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Single Component
Additive Package
Segmentation by application
Automotive Engine
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lubrizol
Infineum
Chevron Oronite
Afton
Tianhe
Lanxess
Jinzhou Kangtai
Wuxi South
Jinzhou Xinxing
Key Questions Addressed in this Report
What is the 10-year outlook for the global Engine Oil Additives market?
What factors are driving Engine Oil Additives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Engine Oil Additives market opportunities vary by end market size?
How does Engine Oil Additives break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.