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Friction Modifiers Market (Organic and Inorganic) for Transportation Lubricants (Commercial Vehicle, Passenger Vehicle, Aviation and Marine), and Industrial Lubricants Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2023

Published Date: 17-May-2018 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-2909 Status : Published

Global friction modifiers market expected to reach USD 1,048 million in 2023, growing at a CAGR of 3.40% between 2018 and 2023. Friction modifiers are fuel additives that are generally used in boundary lubricant applications to improve the lubricity as well as energy efficiency.

Description

The report of friction modifiers market provides the comprehensive glance on the global and regional level. The study provides historic data of 2015 to 2017 along with a forecast from 2018 to 2023 based on revenue and volume. The study includes major driving forces and restraints for the friction modifiers market along with the impact they have on the demand over the forecast period. Furthermore, the study also provides the major avenues of global friction modifiers market.

The global friction modifiers market study also comprises the detailed value chain analysis for providing a comprehensive view on the market. Moreover, the study also includes Porter’s Five Forces model for friction modifiers, to understand the competitive landscape of the global market. The study includes a market attractiveness analysis of all the segments related to the market.

Global Friction Modifiers (Organic and Inorganic) Market

The study provides a significant view on the global friction modifiers market by classifying it into type, application and region segmentation. These segments have been estimated and forecasted with the future and past trends. On the basis of type segment, the report has been segmented into organic and inorganic friction modifiers. The key applications in the report have been segmented into transport lubricants and industrial lubricants. Transport lubricants further segmented into commercial vehicles, passenger vehicles, aviation, and marine. The regional segmentation includes Middle East & Africa, Asia Pacific, Europe, Latin America and North America. Furthermore, it is bifurcated into major countries such as U.S., UK, Germany, France, China, Japan, India, and Brazil.

Major vendors of global friction modifiers market include Lubrizol, BASF SE, Afton Chemical Corporation, AkzoNobel N.V., Vanderbilt Chemicals, LLC, Infineum, Croda International Plc, Evonik Industries, Chevron Oronite Company LLC and Archoil among others.

This report segments global friction modifiers market as follows:

Global Friction Modifiers Market: Type Analysis

  • Organic
  • In-organic

Global Friction Modifiers Market: Application Analysis

  • Transport Lubricants 
    • Commercial Vehicle 
    • Passenger Vehicle
    • Aviation
    • Marine
  • Industrial Lubricants

Global Friction Modifiers Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research scope
    • 1.3. Market Research Methodology
      • 1.3.1. Level 1: Primary Research
      • 1.3.2. Level 2: Secondary Research
      • 1.3.3. Level 3: Data Validation and Expert Panel Assessment
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Friction Modifiers Market, 2015 - 2023 (Kilo Tons)(USD Million)
    • 2.2. Global Friction Modifiers Market: Snapshot
  •  
  • Chapter 3. Friction Modifiers- Market Dynamics
    • 3.1. Introduction
      • 3.1.1. Classification of Friction Modifiers
      • 3.1.2. Key Trend Analysis
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Drivers of Global Friction Modifiers Market: Impact Analysis
      • 3.3.2. Strong Support From Government Bodies
    • 3.4. Market Restraints
      • 3.4.1. Restraints for Global Friction Modifiers Market: Impact Analysis
      • 3.4.2. High Cost of Production
    • 3.5. Opportunities
      • 3.5.1. Emerging Market In Asia Pacific
    • 3.6. Porter';s Five Forces Analysis
    • 3.7. Attractiveness Investment Proposition
      • 3.7.1. Market Attractiveness Analysis by Type Segment
      • 3.7.2. Market Attractiveness Analysis by Application Segment
      • 3.7.3. Market Attractiveness Analysis by Region Segment
  •  
  • Chapter 4. Global Friction Modifiers Market - Competitive Landscape
    • 4.1. Company market share analysis, 2017 (subject to data availability)
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Types Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.3. Research and Development, Types and Regional Expansion
  •  
  • Chapter 5. Global Friction Modifiers Market - Type Analysis
    • 5.1. Friction Modifiers Market: Type Segment Analysis
      • 5.1.1. Global Friction Modifiers Market share By Type Segment, 2017 - 2023
    • 5.2. Organic
      • 5.2.1. Overview
      • 5.2.2. Global bio-PET Market, 2015 - 2023, (Kilo Tons) (USD Million)
    • 5.3. Inorganic
      • 5.3.1. Overview
      • 5.3.2. Global starch blends Market, 2015 - 2023, (Kilo Tons) (USD Million)
  •  
  • Chapter 6. Global Friction Modifiers Market: Application Analysis
    • 6.1. Global Friction Modifiers Market: Application Overview
      • 6.1.1. Global Friction Modifiers Market Volume Share by Application, 2017 And 2023
    • 6.2. Transport Lubricants
      • 6.2.1. Overview
      • 6.2.2. Global Friction Modifiers Market for Transport Lubricants, 2015 - 2023 (Kilo Tons) (USD Million)
    • 6.3. Industrial Lubricants
      • 6.3.1. Overview
      • 6.3.2. Global Friction Modifiers Market for Automotive, 2015 - 2023 (Kilo Tons) (USD Million)
  •  
  • Chapter 7. Global Friction Modifiers Market: Regional Analysis
    • 7.1. Global Friction Modifiers Market: Regional overview
      • 7.1.1. Global Friction Modifiers Market Volume Share by Region, 2017 and 2023
    • 7.2. North America
      • 7.2.1. Overview
      • 7.2.2. North America Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
      • 7.2.3. North America Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
      • 7.2.4. North America Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
      • 7.2.5. North America Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
      • 7.2.6. U.S.
        • 7.2.6.1. U.S. Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
        • 7.2.6.2. U.S. Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.2.6.3. U.S. Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
        • 7.2.6.4. U.S. Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
    • 7.3. Europe
      • 7.3.1. Overview
      • 7.3.2. Europe Friction Modifiers Market Volume, By Type, 2015 - 2023 (Kilo Tons)
      • 7.3.3. Europe Friction Modifiers Market Revenue, By Type, 2015 - 2023 (USD Million)
      • 7.3.4. Europe Friction Modifiers Market Volume, By Application, 2015 - 2023 (Kilo Tons)
      • 7.3.5. Europe Friction Modifiers Market Revenue, By Application, 2015 - 2023 (USD Million)
      • 7.3.6. UK
        • 7.3.6.1. UK Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
        • 7.3.6.2. UK Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.3.6.3. UK Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
        • 7.3.6.4. UK Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
      • 7.3.7. France
        • 7.3.7.1. France Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
        • 7.3.7.2. France Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.3.7.3. France Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
        • 7.3.7.4. France Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
      • 7.3.8. Germany
        • 7.3.8.1. Germany Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
        • 7.3.8.2. Germany Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.3.8.3. Germany Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
        • 7.3.8.4. Germany Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Overview
      • 7.4.2. Asia Pacific Friction Modifiers Market Volume, By Type, 2015 - 2023 (Kilo Tons)
      • 7.4.3. Asia Pacific Friction Modifiers Market Revenue, By Type, 2015 - 2023 (USD Million)
      • 7.4.4. Asia Pacific Friction Modifiers Market Volume, By Application, 2015 - 2023 (Kilo Tons)
      • 7.4.5. Asia Pacific Friction Modifiers Market Revenue, By Application, 2015 - 2023 (USD Million)
      • 7.4.6. China
        • 7.4.6.1. China Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
        • 7.4.6.2. China Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.4.6.3. China Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
        • 7.4.6.4. China Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
      • 7.4.7. Japan
        • 7.4.7.1. Japan Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
        • 7.4.7.2. Japan Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.4.7.3. Japan Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
        • 7.4.7.4. Japan Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
      • 7.4.8. India
        • 7.4.8.1. India Friction Modifiers Market Volume, By Type, 2015 - 2023, (Kilo Tons)
        • 7.4.8.2. India Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.4.8.3. India Friction Modifiers Market Volume, By Application, 2015 - 2023, (Kilo Tons)
        • 7.4.8.4. India Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
    • 7.5. Latin America
      • 7.5.1. Overview
      • 7.5.2. Latin America Friction Modifiers Market Volume, By Type, 2015 - 2023 ( Kilo Tons)
      • 7.5.3. Latin America Friction Modifiers Market Revenue, By Type, 2015 - 2023 (USD Million)
      • 7.5.4. Latin America Friction Modifiers Market Volume, By Application, 2015 - 2023 ( Kilo Tons)
      • 7.5.5. Latin America Friction Modifiers Market Revenue, By Application, 2015 - 2023 (USD Million)
      • 7.5.6. Brazil
        • 7.5.6.1. Brazil Friction Modifiers Market Volume, By Type, 2015 - 2023, ( Kilo Tons)
        • 7.5.6.2. Brazil Friction Modifiers Market Revenue, By Type, 2015 - 2023, (USD Million)
        • 7.5.6.3. Brazil Friction Modifiers Market Volume, By Application, 2015 - 2023, ( Kilo Tons)
        • 7.5.6.4. Brazil Friction Modifiers Market Revenue, By Application, 2015 - 2023, (USD Million)
    • 7.6. Middle East and Africa
      • 7.6.1. Overview
      • 7.6.2. Middle East and Africa Friction Modifiers Market Volume, By Type, 2015 - 2023 ( Kilo Tons)
      • 7.6.3. Middle East and Africa Friction Modifiers Market Revenue, By Type, 2015 - 2023 (USD Million)
      • 7.6.4. Middle East and Africa Friction Modifiers Market Volume, By Application, 2015 - 2023 ( Kilo Tons)
      • 7.6.5. Middle East and Africa Friction Modifiers Market Revenue, By Application, 2015 - 2023 (USD Million)
  •  
  • Chapter 8. Company Profiles
    • 8.1. Lubrizol
      • 8.1.1. Company Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. BASF SE
      • 8.2.1. Company Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Afton Chemical Corporation
      • 8.3.1. Company Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. AkzoNobel N.V.,
      • 8.4.1. Company Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Vanderbilt Chemicals LLC
      • 8.5.1. Company Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Developments
    • 8.6. Infineum
      • 8.6.1. Company Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Developments
    • 8.7. Croda International Plc
      • 8.7.1. Company Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Developments
    • 8.8. Evonik Industries
      • 8.8.1. Company Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Developments
    • 8.9. Chevron Oronite Company LLC
      • 8.9.1. Company Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Developments
    • 8.10. Archoil
      • 8.10.1. Company Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Developments

Methodology

Free Analysis

Friction modifiers are typically oil-soluble chemicals that are used as additives in lubricating oils for transmissions and internal combustion engines. Friction oil represents a small fraction of the total engine oil and plays an important role in reducing friction in metal to metal contact points in the transmission and engines. Friction modifiers are designed to change the amount of energy needed to cause two surfaces to move past one another. Friction modifies provides smooth’s the transition from a dynamic condition to a static condition, such as during a gear change in a transmission or the engagement of a clutch.

The global friction modifiers market is expected to grow at a considerable rate in the forecast period. Increasing consumer preference towards the maintenance of their vehicles is expected to drive the market. Furthermore, favorable government regulations for green procurement policies and easy availability of raw materials have contributed largely to market growth in recent years. However, the availability of cheaper substitutes such as detergent additives, oiliness agents, extreme pressure, and dispersant additives may hamper the market in coming years. Nonetheless, product innovation and emerging market in the Asia Pacific is likely to open new avenues for the major players of the market during the years to come.

Global Friction Modifiers (Organic and Inorganic) Market

Global friction modifier market has been segmented on the basis of type, application, and region. On the basis of type, friction modifiers market is classified into organic and inorganic friction modifier. Inorganic friction modifier is the most dominant type, accounting for a major market share in 2017. However, the demand of organic friction modifier is anticipated to increase in the coming years owing to their versatile and eco-friendly nature.

Based on diverse applications, the global friction modifiers market is mainly segmented into transportation lubricants and industrial lubricants. The transportation lubricant application is further classified into the commercial vehicle, passenger vehicle, aviation, and marine. In terms of value, the passenger vehicle is expected to grow at highest CAGR in the forecast period owing to increasing environmental concerns. Inorganic lubricants were the leading application segment of global friction modifiers market in 2017.

In terms of geographies, the friction modifiers market has been studied for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2017, Asia Pacific held the largest share of the friction modifier market. This growth is mainly attributed by rising demand for friction modifiers from various countries such as India, China, and South Korea. Moreover, Asia Pacific is predicted to be the fastest growing market of friction modifiers within the forecast period owing to the increasing demand for the automotive industry in the region. The Asia Pacific was followed by North America and Europe in the same year. The market growth rate in North America and Europe is expected to remain relatively higher as compared to the global average between 2018 and 2023.

Some of the major players of the global friction modifiers market include Lubrizol, BASF SE, Afton Chemical Corporation, AkzoNobel N.V., Vanderbilt Chemicals, LLC, Infineum , Croda International Plc, Evonik Industries, Chevron Oronite Company LLC and Archoil among others.

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