Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 12.38 Billion

CAGR (2024-2029)

4.94%

Fastest Growing Segment

Passenger Vehicles

Largest Market

Asia-Pacific


Market Overview

Global Automotive Crankcase Additives Market has valued at USD 12.38 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.94% through 2029. The Global Automotive Crankcase Additives Market is experiencing a promising growth trajectory, driven by significant trends in the automotive industry and remarkable technological advancements in the field of automotive components. Crankcase additives, which are carefully formulated substances added to engine oil to enhance its properties and optimize engine performance, play a vital role in ensuring the efficient functioning of automobiles. These additives offer a wide range of benefits, including reducing friction between moving parts, minimizing wear and tear, improving fuel efficiency, and ultimately enhancing the overall longevity of the engine. As the automotive industry continues to evolve and demand for high-performance vehicles increases, the importance of crankcase additives in maintaining and prolonging the life of engines becomes even more evident. With their ability to enhance engine performance, reduce maintenance costs, and contribute to a greener environment, crankcase additives are becoming an integral part of the automotive landscape, shaping the future of the industry.

The market's expansion is primarily driven by the increasing demand for fuel-efficient vehicles and the imposition of strict government regulations concerning emissions. In response to these requirements, automobile manufacturers worldwide are making substantial investments in advanced engine technologies and extensively exploring the use of high-performance additives. These efforts are aimed at not only meeting the growing demand for eco-friendly vehicles but also propelling the overall market growth in a sustainable manner. By adopting innovative approaches and leveraging cutting-edge technologies, manufacturers are striving to achieve optimal performance, reduced environmental impact, and enhanced customer satisfaction.

Regionally, the market presents a diverse landscape. The Asia Pacific region, propelled by the robust automotive sector in countries like China, India, and Japan, is a significant market. Meanwhile, the North American region, with its mature automotive industry and technological prowess, contributes significantly to the market growth.

The market is facilitated by key players such as Afton Chemical Corporation, BASF SE, Chevron Corporation, and Infineum International Ltd. These companies, with their intensive R&D activities and constant innovation, play a pivotal role in shaping the market dynamics.

Factors such as the growing emphasis on renewable energy and the advent of electric vehicles could potentially challenge the market. However, the enduring demand for internal combustion engines in commercial vehicles, particularly in industries that rely heavily on their robust power and long-range capabilities, alongside regions with under-developed electric vehicle infrastructure, presents a sustained market opportunity. This unique combination of factors underscores the importance of balancing the transition to cleaner energy sources with the practical considerations of different industries and regions.

Overall, the Global Automotive Crankcase Additives Market is poised for significant growth in the coming years, bolstered by changing automotive industry dynamics, technological advancements, and shifting consumer preferences. The market participants, by leveraging these trends and addressing potential challenges, have substantial opportunities to consolidate their market presence and drive the industry forward.    

Key Market Drivers  

Stringent Environmental Regulations

A primary driver for the Global Automotive Crankcase Additives Market is the imposition of stringent environmental regulations. Governments worldwide are increasingly enforcing emission standards to address air quality concerns and mitigate the environmental impact of vehicular emissions. Crankcase additives play a crucial role in improving engine efficiency, reducing friction, and minimizing emissions. As regulations become more rigorous, automotive manufacturers are compelled to adopt advanced lubricant technologies, driving the demand for crankcase additives that contribute to compliance with these standards.

Growing Emphasis on Fuel Efficiency

The relentless pursuit of fuel efficiency is a significant driver for the Automotive Crankcase Additives Market. With rising fuel prices and a global focus on sustainable practices, automotive manufacturers are prioritizing technologies that enhance fuel economy. Crankcase additives, such as friction modifiers and viscosity index improvers, contribute to reduced friction and wear in the engine, optimizing fuel efficiency. As consumers and fleet operators increasingly demand vehicles with improved gas mileage, the integration of crankcase additives becomes pivotal for automakers seeking to meet these expectations and adhere to stringent fuel efficiency standards.

Technological Advancements in Lubricant Formulations

Advancements in lubricant formulations represent a key driver shaping the Automotive Crankcase Additives Market. Ongoing research and development efforts focus on creating lubricants with superior performance characteristics. This includes additives that enhance the stability, viscosity, and overall functionality of engine oils. The incorporation of advanced additives, such as detergents and dispersants, helps maintain engine cleanliness and prevent sludge formation. The continuous evolution of lubricant technology, driven by innovations in crankcase additives, positions the market as an essential contributor to the efficiency and longevity of automotive engines.

Increasing Vehicle Sales and Production

The rising global demand for automobiles, driven by factors such as urbanization, population growth, and improved living standards, serves as a robust driver for the Automotive Crankcase Additives Market. As vehicle sales and production volumes increase, so does the demand for lubricants and additives. OEMs and aftermarket suppliers alike rely on effective crankcase additives to enhance engine performance and prolong the lifespan of vehicles. The parallel growth of the automotive sector worldwide ensures a consistent and escalating demand for crankcase additives, making it a pivotal driver for market expansion.

Focus on Engine Longevity and Maintenance

The increasing focus on engine longevity and maintenance is a driver propelling the demand for crankcase additives. Consumers are becoming more conscientious about preserving the performance and durability of their vehicles, leading to a heightened interest in preventive maintenance. Crankcase additives, including anti-wear agents and antioxidants, play a crucial role in reducing engine wear, preventing corrosion, and extending the overall lifespan of critical engine components. As vehicle owners prioritize maintenance to optimize their investments, the market for crankcase additives is set to witness sustained growth.

 

Download Free Sample Report

Key Market Challenges

Evolving Regulatory Landscape

One of the foremost challenges confronting the Global Automotive Crankcase Additives Market is the continuously evolving regulatory landscape. Governments worldwide are intensifying efforts to curb emissions and address environmental concerns, resulting in increasingly stringent regulations for the automotive industry. Compliance with these regulations demands continuous innovation in crankcase additive formulations to meet emissions standards, reduce pollutants, and ensure the overall environmental sustainability of vehicles.

The challenge lies in the ability of manufacturers to keep pace with the dynamic regulatory changes. The need for ongoing research and development to adapt crankcase additives to new requirements can lead to increased production costs and development timelines. Harmonizing regulatory standards across different regions is another hurdle, as discrepancies can create complexities for global manufacturers seeking to maintain compliance and competitiveness.

Shifting Automotive Landscape

The rapid evolution of the automotive landscape, marked by the increasing adoption of electric vehicles (EVs) and advancements in alternative powertrain technologies, poses a significant challenge for the Automotive Crankcase Additives Market. As the industry experiences a shift toward electrification, the demand for traditional internal combustion engine (ICE) vehicles may decline. This transition has implications for crankcase additives, which have traditionally been integral to optimizing the performance of combustion engines.

Manufacturers in the crankcase additives market must strategically navigate this shift by diversifying their product portfolios to cater to emerging technologies. The challenge lies in developing additives that complement the lubrication requirements of electric powertrains or alternative fuels. Additionally, as electric vehicles gain prominence, the overall demand for lubricants and traditional crankcase additives may experience a decline, necessitating strategic adaptations within the market.

Increasing Complexity of Engine Designs

The automotive industry is witnessing a surge in the complexity of engine designs, driven by advancements in technology, emissions control mechanisms, and performance optimization. Modern engines feature intricate components and operate under a wide range of conditions, placing higher demands on lubrication and crankcase additives. The challenge for manufacturers is to keep pace with these increasingly complex engine designs and develop additives that effectively address the evolving lubrication needs.

Engine downsizing, turbocharging, and the integration of advanced materials create an environment where traditional crankcase additives may fall short. Manufacturers must invest in research and development to formulate additives that are compatible with the intricate demands of modern engines. The challenge extends to ensuring that these additives provide not only enhanced lubrication but also contribute to improved fuel efficiency and reduced emissions in technologically sophisticated powertrains.

Cost Pressures and Price Volatility

Cost pressures and price volatility present persistent challenges for the Automotive Crankcase Additives Market. The industry operates in a competitive environment where manufacturers are under constant pressure to deliver cost-effective solutions without compromising on quality. Fluctuations in the prices of raw materials, such as base oils and chemical additives, can impact production costs and profit margins for crankcase additive manufacturers.

Moreover, the demand for continuous innovation to meet evolving industry standards adds to research and development expenses. Balancing the imperative for cost-effectiveness with the need to invest in technological advancements poses a delicate challenge. Manufacturers must navigate these cost pressures by optimizing supply chain strategies, exploring cost-effective manufacturing processes, and adapting to market fluctuations while maintaining product quality and performance.

Consumer Perception and Education

A critical challenge for the Automotive Crankcase Additives Market lies in consumer perception and education. Many vehicle owners may not fully comprehend the role and benefits of crankcase additives in maintaining engine health and performance. This lack of awareness can lead to underestimation of the importance of regular additive use as part of preventive maintenance.

Educating consumers about the advantages of crankcase additives in terms of engine cleanliness, wear reduction, and overall longevity is essential. The challenge is to bridge the gap between industry knowledge and consumer understanding, fostering an informed and proactive approach to engine maintenance. Overcoming this challenge requires concerted efforts from manufacturers, industry associations, and regulatory bodies to disseminate accurate information and promote the benefits of using crankcase additives for optimal engine performance and longevity.

Key Market Trends

Emphasis on Sustainable Formulations

An overarching trend in the Global Automotive Crankcase Additives Market is the increasing emphasis on sustainable formulations. As environmental consciousness grows globally, both consumers and regulatory bodies are pushing for greener and more sustainable solutions within the automotive industry. In response, manufacturers of crankcase additives are developing formulations that minimize the environmental impact of lubricants.

This trend involves the use of bio-based additives, environmentally friendly chemical compositions, and the reduction of harmful elements in formulations. Additives that enhance fuel efficiency while reducing emissions and pollutant levels are gaining prominence. The market is witnessing a shift towards products that align with stringent environmental standards and cater to the sustainability preferences of both end consumers and regulatory authorities.

Adoption of Nanotechnology in Additive Formulations

Nanotechnology is emerging as a transformative trend in the Automotive Crankcase Additives Market. The integration of nanomaterials into lubricant formulations is enabling enhanced performance, improved efficiency, and prolonged engine life. Nanoparticles can provide superior lubrication properties, reduce friction, and offer wear protection at the microscopic level.

Nano-sized additives have the potential to create a protective layer on engine components, contributing to smoother operation and reduced wear and tear. This trend signifies a move towards precision engineering within the lubricant and additive sector, with a focus on optimizing performance at the molecular level. As research and development in nanotechnology continue to advance, the adoption of nanomaterials in crankcase additives is expected to grow, offering new avenues for innovation and improved engine efficiency.

Customized Additive Solutions for Electric Vehicles (EVs)

The increasing adoption of electric vehicles (EVs) is reshaping the automotive landscape, and this trend has notable implications for the Automotive Crankcase Additives Market. While traditional internal combustion engines remain prevalent, the rise of EVs presents a unique set of lubrication challenges. Crankcase additives, traditionally designed for combustion engines, need to evolve to cater to the specific needs of electric powertrains.

Customized additive solutions for electric vehicles involve formulations that enhance the performance of components like bearings and gears in electric drivetrains. These additives focus on reducing friction in electric motors and ensuring the longevity of critical components. As the electric vehicle market expands, the demand for crankcase additives tailored to the lubrication needs of electric powertrains is expected to rise, representing a significant trend in the market.

Digitalization and Predictive Maintenance

Digitalization and the integration of smart technologies are transforming various industries, and the Automotive Crankcase Additives Market is no exception. The trend towards digitalization involves the use of sensors and connectivity solutions to monitor engine performance and lubricant conditions in real-time. This data-driven approach enables predictive maintenance strategies, where additive levels and lubricant health are continuously monitored.

Smart additives that can communicate with onboard vehicle systems to provide real-time data on engine conditions are gaining traction. This trend aligns with the broader industry shift towards predictive maintenance, allowing vehicle owners and service providers to anticipate lubrication needs and address potential issues before they lead to major engine problems. The integration of digital technologies into crankcase additives contributes to improved engine reliability and reduced maintenance costs, reflecting a futuristic trend within the market.

Focus on High-Performance Additives for Advanced Engines

As engine designs become more sophisticated, with an emphasis on downsizing, turbocharging, and direct injection, there is a growing trend towards the development and adoption of high-performance additives. These additives are designed to meet the unique lubrication requirements of advanced engines, ensuring optimal performance under demanding conditions.

High-performance additives often include advanced detergents, dispersants, and anti-wear agents that can address challenges such as low-speed pre-ignition, deposit formation, and increased operating temperatures. This trend reflects the industry's commitment to adapting lubrication solutions to keep pace with evolving engine technologies. As automakers continue to push the boundaries of engine efficiency, the demand for high-performance crankcase additives is expected to rise, driving innovation in the market.

Segmental Insights

Product Analysis

The global Automotive Crankcase Additives Market is experiencing significant growth, propelled by the continuous evolution of the automotive industry. This growth can be attributed to various factors, including the rising demand for fuel-efficient vehicles and the implementation of stringent government regulations aimed at reducing vehicle emissions. Furthermore, advancements in technology have facilitated the development of high-quality additives that enhance the performance of vehicles, thereby further driving the market growth.

However, it is important to acknowledge that the market also faces certain challenges. Fluctuating raw material prices can impact the profitability of manufacturers and suppliers in the market. Additionally, the rapid growth of electric vehicles poses a potential threat to the demand for traditional automotive crankcase additives.

Despite these challenges, the global Automotive Crankcase Additives Market continues to witness promising opportunities for growth. Market players are focusing on research and development activities to innovate and introduce additives that cater to the evolving needs of the automotive industry. With ongoing advancements in technology and a growing emphasis on sustainability, the market is poised for further expansion in the coming years.


Download Free Sample Report

Regional Insights

The global Automotive Crankcase Additives Market showcases substantial regional variation. In North America, stringent emission standards and an increasing need for fuel efficiency drive market growth. Europe's robust automotive sector, coupled with rigorous environmental regulations, fuels demand for high-performance additives, while the Asia-Pacific region, fueled by rapid industrialization, increasing vehicle ownership, and improving living standards, is anticipated to be the fastest-growing market.

Key Market Players

  • ABRO Industries
  • Chemtura Corporation
  • Afton Chemical Corporation
  • Evonik Industries
  • The Lubrizol Corporation
  • Chevron Corporation
  • Croda International
  • The Armor All/STP Products Company
  • Brenntag Holding GmbH
  • Royal Dutch Shell


By Product

By Vehicle Type

By Region

  • Antioxidants
  • Friction Modifiers
  • Detergent Additives
  • Passenger Vehicles
  • Commercial Vehicles
  • North America
  • Europe & CIS
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Automotive Crankcase Additives Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Crankcase Additives Market, By Product:

o   Antioxidants

o   Friction Modifiers

o   Detergent Additives

  • Automotive Crankcase Additives Market, By Vehicle Type:

o   Passenger Vehicles

o   Commercial Vehicles

  • Automotive Crankcase Additives Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automotive Crankcase Additives Market.

Available Customizations:

Global Automotive Crankcase Additives Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Automotive Crankcase Additives Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Automotive Crankcase Additives Market

5.    Global Automotive Crankcase Additives Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Market Share Analysis (Antioxidants, Friction Modifiers, Detergent Additives)

5.2.2.    By Vehicle Type Market Share Analysis (Passenger Vehicles and Commercial Vehicles)  

5.2.3.    By Regional Market Share Analysis  

5.2.3.1.        Asia-Pacific Market Share Analysis

5.2.3.2.        Europe & CIS Market Share Analysis

5.2.3.3.        North America Market Share Analysis

5.2.3.4.        South America Market Share Analysis

5.2.3.5.        Middle East & Africa Market Share Analysis

5.2.4.    By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Automotive Crankcase Additives Market Mapping & Opportunity Assessment

5.3.1.    By Product Market Mapping & Opportunity Assessment

5.3.2.    By Vehicle Type Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Automotive Crankcase Additives Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value  

6.2.  Market Share & Forecast

6.2.1.    By Product Market Share Analysis

6.2.2.    By Vehicle Type Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        China Market Share Analysis

6.2.3.2.        India Market Share Analysis

6.2.3.3.        Japan Market Share Analysis

6.2.3.4.        Indonesia Market Share Analysis

6.2.3.5.        Thailand Market Share Analysis

6.2.3.6.        South Korea Market Share Analysis

6.2.3.7.        Australia Market Share Analysis

6.2.3.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Automotive Crankcase Additives Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value  

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Product Market Share Analysis

6.3.1.2.2.           By Vehicle Type Market Share Analysis

6.3.2.    India Automotive Crankcase Additives Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value  

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Product Market Share Analysis

6.3.2.2.2.           By Vehicle Type Market Share Analysis

6.3.3.    Japan Automotive Crankcase Additives Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value  

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Product Market Share Analysis

6.3.3.2.2.           By Vehicle Type Market Share Analysis

6.3.4.    Indonesia Automotive Crankcase Additives Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value  

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Product Market Share Analysis

6.3.4.2.2.           By Vehicle Type Market Share Analysis

6.3.5.    Thailand Automotive Crankcase Additives Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value  

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Product Market Share Analysis

6.3.5.2.2.           By Vehicle Type Market Share Analysis

6.3.6.    South Korea Automotive Crankcase Additives Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Value  

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Product Market Share Analysis

6.3.6.2.2.           By Vehicle Type Market Share Analysis

6.3.7.    Australia Automotive Crankcase Additives Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Value  

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Product Market Share Analysis

6.3.7.2.2.           By Vehicle Type Market Share Analysis

7.    Europe & CIS Automotive Crankcase Additives Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value  

7.2.  Market Share & Forecast

7.2.1.    By Product Market Share Analysis

7.2.2.    By Vehicle Type Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        Germany Market Share Analysis

7.2.3.2.        Spain Market Share Analysis

7.2.3.3.        France Market Share Analysis

7.2.3.4.        Russia Market Share Analysis

7.2.3.5.        Italy Market Share Analysis

7.2.3.6.        United Kingdom Market Share Analysis

7.2.3.7.        Belgium Market Share Analysis

7.2.3.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Automotive Crankcase Additives Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value  

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product Market Share Analysis

7.3.1.2.2.           By Vehicle Type Market Share Analysis

7.3.2.    Spain Automotive Crankcase Additives Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value  

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product Market Share Analysis

7.3.2.2.2.           By Vehicle Type Market Share Analysis

7.3.3.    France Automotive Crankcase Additives Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value  

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product Market Share Analysis

7.3.3.2.2.           By Vehicle Type Market Share Analysis

7.3.4.    Russia Automotive Crankcase Additives Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value  

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Product Market Share Analysis

7.3.4.2.2.           By Vehicle Type Market Share Analysis

7.3.5.    Italy Automotive Crankcase Additives Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value  

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Product Market Share Analysis

7.3.5.2.2.           By Vehicle Type Market Share Analysis

7.3.6.    United Kingdom Automotive Crankcase Additives Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value  

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Product Market Share Analysis

7.3.6.2.2.           By Vehicle Type Market Share Analysis

7.3.7.    Belgium Automotive Crankcase Additives Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value  

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Product Market Share Analysis

7.3.7.2.2.           By Vehicle Type Market Share Analysis

8.    North America Automotive Crankcase Additives Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value  

8.2.  Market Share & Forecast

8.2.1.    By Product Market Share Analysis

8.2.2.    By Vehicle Type Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        United States Market Share Analysis

8.2.3.2.        Mexico Market Share Analysis

8.2.3.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Automotive Crankcase Additives Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value  

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product Market Share Analysis

8.3.1.2.2.           By Vehicle Type Market Share Analysis

8.3.2.    Mexico Automotive Crankcase Additives Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value  

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product Market Share Analysis

8.3.2.2.2.           By Vehicle Type Market Share Analysis

8.3.3.    Canada Automotive Crankcase Additives Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value  

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product Market Share Analysis

8.3.3.2.2.           By Vehicle Type Market Share Analysis

9.    South America Automotive Crankcase Additives Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value  

9.2.  Market Share & Forecast

9.2.1.    By Product Market Share Analysis

9.2.2.    By Vehicle Type Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        Brazil Market Share Analysis

9.2.3.2.        Argentina Market Share Analysis

9.2.3.3.        Colombia Market Share Analysis

9.2.3.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Automotive Crankcase Additives Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value  

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product Market Share Analysis

9.3.1.2.2.           By Vehicle Type Market Share Analysis

9.3.2.    Colombia Automotive Crankcase Additives Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value  

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product Market Share Analysis

9.3.2.2.2.           By Vehicle Type Market Share Analysis

9.3.3.    Argentina Automotive Crankcase Additives Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value  

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product Market Share Analysis

9.3.3.2.2.           By Vehicle Type Market Share Analysis

10.  Middle East & Africa Automotive Crankcase Additives Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value   

10.2.            Market Share & Forecast

10.2.1. By Product Market Share Analysis

10.2.2. By Vehicle Type Market Share Analysis

10.2.3. By Country Market Share Analysis

10.2.3.1.     South Africa Market Share Analysis

10.2.3.2.     Turkey Market Share Analysis

10.2.3.3.     Saudi Arabia Market Share Analysis

10.2.3.4.     UAE Market Share Analysis

10.2.3.5.     Rest of Middle East & Africa Market Share Africa

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Automotive Crankcase Additives Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value  

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Market Share Analysis

10.3.1.2.2.         By Vehicle Type Market Share Analysis

10.3.2. Turkey Automotive Crankcase Additives Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value  

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Market Share Analysis

10.3.2.2.2.         By Vehicle Type Market Share Analysis

10.3.3. Saudi Arabia Automotive Crankcase Additives Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value  

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Market Share Analysis

10.3.3.2.2.         By Vehicle Type Market Share Analysis

10.3.4. UAE Automotive Crankcase Additives Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value  

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Product Market Share Analysis

10.3.4.2.2.         By Vehicle Type Market Share Analysis

11.  SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12.  Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1. Royal Dutch Shell

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. ABRO Industries

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. Chemtura Corporation

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. Afton Chemical Corporation

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Evonik Industries

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. The Lubrizol Corporation

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. Chevron Corporation

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. Croda International

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. The Armor All/STP Products Company

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10.              Brenntag Holding GmbH

14.1.10.1.  Company Details

14.1.10.2.  Key Product Offered

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Recent Developments

14.1.10.5.  Key Management Personnel

15.  Strategic Recommendations

15.1.            Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Product

15.1.3. Target Vehicle Type

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the Global Automotive Crankcase Additives Market was estimated to be USD 12.38 Billion in 2023.

down-arrow

In 2023, the dominant segment by vehicle type in the Global Automotive Crankcase Additives Market was the passenger cars segment. This segment's dominance can be attributed to the high volume of passenger cars produced and the increased consumer awareness regarding the maintenance and efficiency of their vehicles, which has boosted the demand for high-quality crankcase additives.

down-arrow

The dominant region in the Global Automotive Crankcase Additives Market is Asia-Pacific. This region's dominance can be attributed to the surge in automotive production in countries like China and India, coupled with the increasing demand for vehicles in these regions.

down-arrow

The Global Automotive Crankcase Additives Market is driven by increasing awareness of emission reduction and fuel efficiency, prompting the adoption of additives to enhance engine performance and meet stringent environmental regulations. Additionally, the rising demand for high-performance lubricants in modern engines further propels market growth.

profile

Srishti Verma

Business Consultant
Press Release

Automotive Crankcase Additives Market to Grow with a CAGR of 4.94% Globally through to 2029

Dec, 2023

The Global Automotive Crankcase Additives Market is driven by increasing awareness of emission reduction and fuel efficiency, prompting the adoption of additives to enhance engine performance and mee