Engine Oil Additives Market Estimated to Generate 11.9 Billion USD By 2020
Engine Oil Additives are chemical mixture which when mixed with engine oil increases the inherent properties of the engine oil. These additives are mixed at the time of formulation of engine oil. Additive percentage in engine oil varies from 5%-30%, or even 50% in some cases depending upon the end application and requirements stated by OEM (Original Equipment Manufacturer).
Browse 116 Pages Engine Oil Additives Market Research @ http://www.marketintelreports.com/report/cmr0047/engine-oil-additives-market-by-type-antioxidants-antiwear-additives-vi-improvers-corrosion-inhibitors-friction-modifiers-ppd-by-engine-type-gas-diesel-natural-gas-end-user-passenger-car-commercial-vehicle-motorcycleforecast-2015–2020
Asia-Pacific region has emerged as the key driving factor for this market, contributing for about 36.9% of the global demand in terms of market share in 2014. China is the leading consumer of engine oil additives, owing to high demand for passenger car and commercial vehicle. Demand for gasoline and diesel engine oil additives was almost equal in 2014 but due to emergence of natural gas engines, there may be a dropdown in the demand for diesel engine oil additives as GHG emission is higher in diesel vehicles. Detergents, dispersants and VI improvers have higher demand in the market and together accounts around 65% market share. Detergent additives improve the engine oil cleanliness whereas dispersants helps in preventing sludge formation. Viscosity Index Improvers (VII) are polymers with high molecular weight which increases the viscosity of the engine oil. Others include metal deactivators, emulsifiers and more.
Asia-Pacific region is the leading producer of engine oil additive and also has the highest market share of the global engine oil additive market. In the APAC region, China is one of the major manufacturers of engine oil additive and has accounted for 37.8% of market share. The European market is relatively smaller as compared to the APAC and America; however, it is growing rapidly as well with the high CAGR. The demand for engine oil additive in the Asia-Pacific region is expected to continue in the near future also.
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Table of Contents in Brief:
1. Engine Oil Additive– Market Overview
2. Executive Summary
3. Engine Oil Additive-Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user profiling
3.2.3. Top 5 Financials Analysis
4. Engine Oil Additive – Market Forces
4.1. Market Drivers
4.1.1. Increasing year on year motor vehicle production
4.1.2. Government regulations to enhance fuel economy
4.2. Market Challenges
4.2.1. Reduce co2 emission from vehicles to control adverse environmental affects
4.3. Market Constraints
4.3.1. Growing demand for electric vehicles
4.4. Attractiveness of the Engine oil additive Industry
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Engine Oil Additive – Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Engine Oil Additive Market – By Type
6.1. Anti-oxidants
6.2. Detergents
6.3. Dispersants
6.4. Anti-wear additives
6.5. VI Improvers
6.6. Corrosion Inhibitors
6.7. Friction modifiers
6.8. PPD
6.9. Others
7. Engine Oil Additives Market – By Engine Type
7.1. Gasoline
7.2. Diesel
7.3. Natural Gas
7.4. Others
8. Engine Oil Additive Market- By End Users
8.1. Passenger Car
8.2. Commercial vehicle
8.3. Motorcycle
8.4. Others
9. Engine Oil Additive Market- By Geography
9.1. Introduction
9.2. Americas
9.3. Europe
9.4. APAC
9.5. ROW
10. Market Entropy
10.1. New Product Launches
10.2. M&As, Collaborations, JVs and Partnerships
11. Company Profile Company
11.1. Afton Chemical Corporation
11.2. BASF SE
11.3. Chemtura Corporation
11.4. Chevron Corporation
11.5. Croda Internation Plc.
11.6. Evonik Industries
11.7. Infineum International Ltd.
11.8. Petroleum Chemicals, LLC
11.9. The Lubrizol Corporation
11.10. Vanderbilt Chemicals, LLC
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
“*Financials would be provided on a best efforts basis for private companies”
12. Appendix
12.1. Abbreviations
12.2. Sources
12.3. Research Methodology
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