Home Blog global-fuel-additives-and-lubricants-market

Product Launch (Blog)

Nov, 18 2022

Global Fuel Additives and Lubricants market is Growing at a Significant Rate in the Forecast Period 2019-2026

According to Data Bridge Market Research new Market report, global fuel additives and lubricants market will account to an estimated USD 6.77 billion in 2018 growing at a CAGR of 6.58 % during the forecast period of 2019 to 2026.

Global Fuel Additives and Lubricants Market

Global Fuel Additives and Lubricants Market

Fuel additives can be described as the chemical compounds that are used for the enhancement of performance, and efficiency of the vehicles. They act as inhibitors against the corrosion of the parts of the engine and enhance the life of the vehicle. Whereas, lubricants are chemical compounds that makes the functioning and performance of the vehicles smooth, reducing and resulting in less friction between the motor parts and ultimately resulting in reduction of heat generated.

Access Full Report at: https://databridgemarketresearch.com/reports/global-fuel-additives-and-lubricants-market

Segmentation: Global Fuel Additives and Lubricants Market

Global fuel additives and lubricants market is segmented on the basis of fuel additives type, lubricant group, lubricant base stock, application, end-user and geography.

By Fuel Additives Type (Deposit Control Additives, Cetane Improvers, Antioxidants, Dyes & Markers, Lubricity Improvers, Cold Flow Improvers, Stability Improvers, Corrosion Improvers, Octane Improvers, Anti-Icing Fuel Additives, Others), Lubricant Group (Group I, Group II, Group III, Group IV, Group V), Lubricant Base Stock (Bio-Based Lubricants, Mineral Oil Lubricants, Synthetic Lubricants, Semi-Synthetic Lubricants), Application (Diesel Fuel Additives, Aviation Fuel Additives, Gasoline Fuel Additives), End-User (Industrial, Automotive, Marine, Aerospace) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa).

FACTORS DRIVING GROWTH IN FUEL ADDITIVES AND LUBRICANTS MARKET

High demand of vehicles

According to International Organization of Motor Vehicle Manufacturers, in 2016 worldwide production of vehicles was at 94.97 million, and this number rose to 97.30 million by 2017. This high number of vehicle production worldwide is driven due to the high demand of vehicles. This high demand of vehicles positively impacts the market for fuel additives and lubricants as the working and operation of vehicles requires the usage of fuel, and fuel additives are used for the enhancement of performance and efficiency of the vehicles. Whereas, lubricants are used for the smooth operations of the vehicle parts so that they do not freeze up.

Global Fuel Additives and Lubricants Market

Key Market Competitors: Global Fuel Additives and Lubricants market

Few of the major competitors currently working in the fuel additives and lubricants market are Chevron Corporation, The Lubrizol Corporation, Afton Chemical, Fuel Performance Solutions,       Evonik Industries AG, BASF SE, LANXESS, Innospec, Dorfketal Chemicals (I) Pvt. Ltd., Infineum International Limited, Cummins Inc., Cerion LLC, AMSOIL INC, Blaser Swisslube, DINOIL ITALIA, OILSD, ERC Emissions-Reduzierungs-Concepte GmbH, Fuel Theft Solutions Ltd, XSNANO LTD., TECHNOBIO, Forward, and NCH Corporation.

Browse Related Reports:

Global Lubricant Additives Market, By Function Type (Dispersants, VII, Detergents, Antiwear, Antioxidants, Corrosion inhibitors, Emulsifiers & Others) and Application (Automotive & Industrial Lubricants), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2025

https://databridgemarketresearch.com/reports/global-lubricant-additives-market

Global Bio-Lubricant Market, By Type (Vegetable Oil, Animal Fat), Application (Hydraulic Fluids, Metalworking Fluids, Chainsaw Oils, Mold Release Agents), End User (Industrial Commercial Transport, Consumer Automobile), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2025

https://databridgemarketresearch.com/reports/global-bio-lubricant-market

CHOOSE LICENCE TYPE

  • 7000
  • 4800
  • 3000
  • 8000
  • 12000
Buy Now
Advance Formative Research Customization Request for bulk Reports
Banner

Latest News

5 Key Players in the Data Center Uninterruptible Power Supply (UPS) Market: Overview and Insights
Top Leading Tech Giants and Specialized Providers Elevate Gym Management Software Capabilities
Leading Companies in Synchronous Condenser Market: Innovating Grid Stability and Renewable Integration
Leading Companies Drive Growth in Global Lung Cancer Surgery Market with Innovative Technologies and Patient-Centric Solutions
Poised for Continued Growth: Technological Advancements and Increasing Data Center Demands Shape Global DCIM Market
VIEW ALL

YOU MAY ALSO BE INTERESTED IN

Client Testimonials

David Manning - Thermo Fisher Scientific
Director, Global Strategic Accounts,

Dear Ricky,
I want to thank you for the excellent market analysis (LIMS INSTALLED BASE DATA) that you and your team delivered, especially end of year on short notice. Sachin and Shraddha captured the requirements, determined their path forward and executed quickly.
You, Sachin and Shraddha have been a pleasure to work with – very responsive, professional and thorough. Your work is much appreciated.

Image
Manager - Market Analytics,
Uriah D. Avila - Zeus Polymer Solutions

Thank you for all the assistance and the level of detail in the market report. We are very pleased with the results and the customization. We would like to continue to do business.

Business Development Manager,
(Pharmaceuticals Partner for Nasal Sprays) | Renaissance Lakewood LLC

DBMR was attentive and engaged while discussing the Global Nasal Spray Market. They understood what we were looking for and was able to provide some examples from the report as requested. DBMR Service team has been responsive as needed. Depending on what my colleagues were looking for, I will recommend your services and would be happy to stay connected in case we can utilize your research in the future.

Image
Business Intelligence and Analytics,
Ipsen Biopharm Limited

We are impressed by the CENTRAL PRECOCIOUS PUBERTY (CPP) TREATMENT report - so a BIG thanks to you colleagues.

Image
Competition Analyst,
Basler Web

I just wanted to share a quick note and let you know that you guys did a really good job. I’m glad I decided to work with you. I shall continue being associated with your company as long as we have market intelligence needs.

Image
Marketing Director,
Buhler Group

It was indeed a good experience, would definitely recommend and come back for future prospects.

COO,
A global leader providing Drug Delivery Services

DBMR did an outstanding job on the Global Drug Delivery project, We were extremely impressed by the simple but comprehensive presentation of the study and the quality of work done. This report really helped us to access untapped opportunities across the globe.

Image
Marketing Director,
Philips Healthcare

The study was customized to our targets and needs with well-defined milestones. We were impressed by the in-depth customization and inclusion of not only major but also minor players across the globe. The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details.

Image
Product manager,
Fujifilms

Thankful to the team for the amazing coordination, and helping me at the last moment with my presentation. It was indeed a comprehensive report that gave us revenue impacting solution enabling us to plan the right move.

Image
Investor relations,
GE Healthcare

Thank you for the report, and addressing our needs in such short time. DBMR has outdone themselves in this project with such short timeframe.

Image
Market Analyst,
Medincell

We found the results of this study compelling and will help our organization validate a market we are considering to enter. Thank you for a job well done.

Image
Andrew - Senior Global Marketing Manager,
Medtronic (US)

I want to thank you for your help with this report – It’s been very helpful in our business planning and it well organized.

Image
Amarildo - Manager, Global Strategic Alignment
MasterCard

We believe the work done by Data Bridge Team for our requirements in the North America Loyalty Management Market was fantastic and would love to continue working with your team moving forward.

Image
Tor Hammer
Green Nexus LLc

Thank you for your quick response to this unfortunate circumstance. Please extend my thanks to your reach team. I will be contacting you in the future with further projects

Tommaso Finocchiaro
Market Intelligence Specialist Nippon Gasses

I acknowledge the difficulty given by the very short warning for this report, and I think that its quality and your delivering time have been very satisfying. Obviously, as a provider Data Bridge Market Research will be considered as a plus for future needs of Nippon Gases.

Yuki Kopyl (Asian Business Development Department)
UENO FOOD TECHNO INDUSTRY, LTD. (JAPAN)

Xylose report was very useful for our team. Thank you very much & hope to work with you again in the future