Report Code: A15514 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Lubricating Oil Additives Market
Request Now !Lubricating oil additives are organic or inorganic substances that are dissolved or suspended in the lubricating oil in solid form to give them specific properties according to the type, application and lubricant requirements. These additives help improve existing properties and remove unwanted properties of base oils, in addition to providing them special properties. Materials that help improve the properties of existing base oils include defoamers, corrosion inhibitors, and antioxidants, and help suppress unwanted base oil properties. The materials include pour point depressants and viscosity index enhancers. In addition, detergents, extreme pressure additives and emulsifiers impart new characteristics to the base oil.
Market Scope and Structure Analysis
Lubricating oil additives are being used on a large scale in automotive industry along with many other sectors and it is expected to drive the lubricating oil additives market’s significant growth in the next upcoming years.
COVID-19 Impact Analysis
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Market Trends
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Lubricating Oil Additives Market Report Highlights
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Key Market Players | Infineum International, Croda International, Chemtura Corp., Tianhe Chemicals., Chevron Oronite, Shamrock, Lanxess, BASF SE, Lubrizol Corp, Evonik Industries |
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