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.
In 2019, the market size of Friction Modifiers is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Friction Modifiers.
This report studies the global market size of Friction Modifiers, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Friction Modifiers production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Lubrizol
Afton Chemical
Infineum
Chevron Oronite Company
Croda
BASF
Chemtura
Kings Industries
BRB International
Vanderbilt Chemicals
CSW Industrials
Abitec
Wynn’s
Adeka
Archoil
Multisol
PMC Biogenix
Nyco
Akzonobel
Market Segment by Product Type
Organic Modifiers
Inorganic Modifiers
Others
Market Segment by Application
Transportation Lubricants
Industrial Lubricants
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Friction Modifiers status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Friction Modifiers manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Friction Modifiers are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Friction Modifiers. Industry analysis & Market Report on Friction Modifiers is a syndicated market report, published as Global (United States, European Union and China) Friction Modifiers Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Friction Modifiers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.