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As the global economy mends, the 2021 growth of Industrial Lubricant Additives will have significant change from previous year. According to our (LP Information) latest study, the global Industrial Lubricant Additives market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Industrial Lubricant Additives market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.
The United States Industrial Lubricant Additives market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Industrial Lubricant Additives market, reaching US$ million by the year 2028. As for the Europe Industrial Lubricant Additives landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Industrial Lubricant Additives players cover Lubrizol, Afton Chemical, Akzo Nobel, and CLARIANT, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Lubricant Additives market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Additive Package
Single Component
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Heavy Duty Motor Oil
Metal Working Fluids
Passenger Car Motor Oil
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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 report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Lubrizol
Afton Chemical
Akzo Nobel
CLARIANT
BASF
Vanderbilt
PCAS
Infineum
Adeka
Additiv Chemie Luers
Functional Products Inc.
Chevron Oronite
Lanxess
Barton Petroleum
Tianhe
Saint-Gobain
IPAC
Sanyo Chemical Industries
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