Report Description

Global Friction Modifiers Market, By Type (Organic (Fatty acids, Esters & Amides and Functional polymers) and Inorganic (Molybdenum Compounds and Nanoparticles)), By Application (Transportation Lubricants (Commercial Vehicle, Passenger Vehicle, Aviation, Marine) and Industrial Lubricants), By Company and By Geography, Forecast & Opportunities, 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Chemicals

Global Friction Modifiers market is anticipated to reach USD 1.02 Billion, growing at an impressive CAGR during the forecast period, due to the rising need for fuel efficient lubricants in the automobile industry. Based on the type, the Global Friction Modifiers market has been segmented into Organic and Inorganic. Organic segment of the friction modifier market is expected to grow at the highest CAGR in the forecast period due to the its versatility and environment-friendly properties. Based on the application, the Global Friction Modifiers market is categorised into Transportation Lubricants and Industrial Lubricants. Transportation lubricant segment is expected to occupy the lion share in the forecast period due to the rising usage of friction modifiers in passenger vehicle and public transports because of elevating environmental concerns. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Asia-Pacific region is anticipated to grow at the highest CAGR during the forecast period due to the rising demand for friction modifiers in the automotive industry.

 

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyse and forecast the market size of Global Friction Modifiers Market, in terms of value and volume.
  • To classify and forecast Global Friction Modifiers Market based on type, application and regional distribution.
  • To identify drivers and challenges for Global Friction Modifiers Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Friction Modifiers Market.
  • To conduct the pricing analysis for Global Friction Modifiers Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Friction Modifiers.


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Some of the leading players in the Global Friction Modifiers Market are Lubrizol, Afton, Infineum, Chevron Oronite, Croda, Chemtura, BASF, Kings Industries, BRB International, and Vanderbilt Chemicals.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.

TechSci Research calculated the market size of Global Friction Modifiers Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Friction Modifiers Manufacturers
  • Suppliers and Distributors
  • End Users
  • Market Research Firms
  • Government Institutions
  • Industry associations and experts
  • Research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

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

  • Market, By Type:
    • Organic
      • Fatty acids
      • Esters & Amides
      • Functional polymers
    • Inorganic
      • Molybdenum Compounds
      • Nanoparticles
  • Market, By Application:
    • Transportation Lubricants
      • Commercial Vehicle
      • Passenger Vehicle
      • Aviation
      • Marine
    • Industrial Lubricants
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • Australia
      • New Zealand
      • South Korea
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Poland
      • Netherlands
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Chile
    • Middle East and Africa
      • South Africa
      • Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Friction Modifiers Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the 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).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

It 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 sales@techsciresearch.com