Lubricant Additives Market by End-user and Geography - Forecast and Analysis 2021-2025
| Published: Oct 2021 | Pages: 120 | SKU: IRTNTR71205 |
The lubricant additives market size is set to attain a USD 2.40 billion growth between 2021 and 2025 at a CAGR of 2.96%.
This post-pandemic lubricant additives market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this lubricant additives market analysis report, key drivers such as the increasing need for reliable machinery and effective maintenance have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as the environmental impact of lubricants, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Lubricant Additives Market Size be in 2021?
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Who are the Key Vendors in the Lubricant Additives Market?
The lubricant additives market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
- Afton Group
- BASF SE
- BRB International BV
- Chevron Corp.
- Croda International Plc
- Evonik Industries AG
- Italmatch Chemicals Spa
- LANXESS AG
- Lonza Group Ltd.
- The Lubrizol Corp.
Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The lubricant additives market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
This lubricant additives market report further entails segmentation by end-user (automotive, metal working fluids, industrial engine oil, and others) and geography (APAC, Europe, North America, MEA, and South America). The available actionable insights on the segmentation in this report will enable a better understanding of the target audience and changing demand patterns.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The lubricant additives market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.
Which are the Key Regional Markets for Lubricant Additives Market?
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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.
55% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for lubricant additives market in the region. This report provides estimations of the contribution of all regions to the growth of the lubricant additives market size.
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Lubricant Additives Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2.96% |
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Market growth 2021-2025 |
$ 2.40 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.58 |
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Regional analysis |
APAC, Europe, North America, MEA, and South America |
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Performing market contribution |
APAC at 55% |
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Key consumer countries |
China, US, Germany, Italy, and India |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Companies profiled |
Afton Group, BASF SE, BRB International BV, Chevron Corp., Croda International Plc, Evonik Industries AG, Italmatch Chemicals Spa, LANXESS AG, Lonza Group Ltd., and The Lubrizol Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this Lubricant Additives Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive lubricant additives market growth during the next five years
- Precise estimation of the lubricant additives market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the lubricant additives industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of lubricant additives market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Automotive - Market size and forecast 2020-2025
- Metal working fluids - Market size and forecast 2020-2025
- Industrial engine oil - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Afton Group
- BASF SE
- BRB International BV
- Chevron Corp.
- Croda International Plc
- Evonik Industries AG
- Italmatch Chemicals Spa
- LANXESS AG
- Lonza Group Ltd.
- The Lubrizol Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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lubricant additives market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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- Details on the market shares of various regions
- Five-force market analysis