Market Overview:
The global passenger vehicles driveline additives market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for fuel-efficient vehicles and the rising awareness about the benefits of driveline additives. On the basis of type, dispersants are expected to account for a major share of the global passenger vehicles driveline additives market in 2018. This can be attributed to their ability to reduce friction between moving parts and improve fuel efficiency. Viscosity index improvers are also anticipated to witness significant growth during the forecast period owing to their ability increase lubrication and reduce wear & tear. On the basis of application, transmission fluids are expected account for a major share of the global passenger vehicles driveline additives market in 2018.
Product Definition:
A passenger vehicle driveline additive is a substance that is added to the drivetrain of a passenger vehicle in order to improve its performance. There are many different types of driveline additives, and each one serves a different purpose. Some additives make the drivetrain more resistant to wear and tear, while others help improve fuel economy or reduce emissions. Regardless of their specific function, all driveline additives are designed to improve the overall performance of the vehicle.
Dispersants:
Dispersants are additives that reduce the viscosity of a vehicle's lubricating oil. They are added to the oil in order to prevent agglomeration of particles and improve its flowability. The most commonly used dispersant is Sulfur, which is added in an amount ranging from 0.1% to 2%.
Viscosity Index Improver:
Viscosity index improver is a viscosity controlling additive that improves the performance of engine oil. It reduces friction between engine components, which results in less wear and tear. Viscosity improving additives are added to engine oils to control the molecular movement within them. They break down into smaller molecules than water, thus reducing its viscosity so as to allow easier movement through engines’ components.
Application Insights:
Transmission fluids held the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The increasing demand for passenger vehicles has resulted in an increased requirement for transmission fluids, which are primarily used as a lubricant between components of a transmission system.
The growing importance of driveline additives in farm tractors is expected to drive their consumption over the forecast period. Farm tractor oils serve multiple purposes including protection against oxidation damage, heat damage & seizure, engine clean-up and disposal of harmful contaminants from oil systems such as gas & diesel particulate matter along with other compounds such as acid gases or water vapor that may be present in low concentration inside oil systems during storage or processing procedures.
Regional Analysis:
Asia Pacific passenger vehicles drivetrain additives market is expected to grow at the highest CAGR of XX% over the forecast period, owing to increasing per capita income and rising demand for automobiles in emerging economies such as India and China. Furthermore, favorable government regulations aimed at promoting new investments are anticipated to boost industry growth over the coming years.
Europe was estimated as a major market for passenger vehicles drives additives in 2016 owing to high demand from commercial application segments such as heavy-duty transporters and off-roaders. The presence of stringent regulations pertaining with environmental protection agencies has led European manufacturers focus on developing sustainable products that meet or exceed regulatory standards while delivering superior performance characteristics compared to conventional counterparts.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Stringent emission norms by regulatory authorities across the globe
- Rising demand for lightweight vehicles to improve fuel efficiency
- Proliferation of electric and hybrid vehicles
- Growing automotive sector in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicles Driveline Additives Market Research Report
By Type
Dispersants, Viscosity Index Improver, Detergents, Anti-wear Agents, Antioxidants, Corrosion Inhibitors, Friction Modifiers, Others
By Application
Transmission Fluids, Farm Tractor Fluids, Gear Oil Additives
By Companies
BRB International B.V., The Lubrizol Corporation, Vanderbilt Chemicals, LLC, Infineum International Ltd., Afton Chemical Corporation, BASF SE, Chevron Oronite Company, LLC, Lubrilic Corporation, AB Petrochem Pvt. Ltd., Evonik Industries, BRB International B.V.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicles Driveline Additives Market Report Segments:
The global Passenger Vehicles Driveline Additives market is segmented on the basis of:
Types
Dispersants, Viscosity Index Improver, Detergents, Anti-wear Agents, Antioxidants, Corrosion Inhibitors, Friction Modifiers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transmission Fluids, Farm Tractor Fluids, Gear Oil Additives
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BRB International B.V.
- The Lubrizol Corporation
- Vanderbilt Chemicals, LLC
- Infineum International Ltd.
- Afton Chemical Corporation
- BASF SE
- Chevron Oronite Company, LLC
- Lubrilic Corporation
- AB Petrochem Pvt. Ltd.
- Evonik Industries
- BRB International B.V.
Highlights of The Passenger Vehicles Driveline Additives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dispersants
- Viscosity Index Improver
- Detergents
- Anti-wear Agents
- Antioxidants
- Corrosion Inhibitors
- Friction Modifiers
- Others
- By Application:
- Transmission Fluids
- Farm Tractor Fluids
- Gear Oil Additives
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Passenger Vehicles Driveline Additives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Passenger vehicles driveline additives are chemicals or compounds that are added to the lubricant oil used in passenger cars and light trucks. They help reduce friction and wear on the engine, transmission, and other parts of the driveline.
Some of the major players in the passenger vehicles driveline additives market are BRB International B.V., The Lubrizol Corporation, Vanderbilt Chemicals, LLC, Infineum International Ltd., Afton Chemical Corporation, BASF SE, Chevron Oronite Company, LLC, Lubrilic Corporation, AB Petrochem Pvt. Ltd., Evonik Industries, BRB International B.V..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger Vehicles Driveline Additives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Passenger Vehicles Driveline Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger Vehicles Driveline Additives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Passenger Vehicles Driveline Additives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Passenger Vehicles Driveline Additives Market Size & Forecast, 2020-2028
4.5.1 Passenger Vehicles Driveline Additives Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicles Driveline Additives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dispersants
5.2.2 Viscosity Index Improver
5.2.3 Detergents
5.2.4 Anti-wear Agents
5.2.5 Antioxidants
5.2.6 Corrosion Inhibitors
5.2.7 Friction Modifiers
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transmission Fluids
6.2.2 Farm Tractor Fluids
6.2.3 Gear Oil Additives
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger Vehicles Driveline Additives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Passenger Vehicles Driveline Additives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dispersants
9.6.2 Viscosity Index Improver
9.6.3 Detergents
9.6.4 Anti-wear Agents
9.6.5 Antioxidants
9.6.6 Corrosion Inhibitors
9.6.7 Friction Modifiers
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transmission Fluids
9.10.2 Farm Tractor Fluids
9.10.3 Gear Oil Additives
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dispersants
10.6.2 Viscosity Index Improver
10.6.3 Detergents
10.6.4 Anti-wear Agents
10.6.5 Antioxidants
10.6.6 Corrosion Inhibitors
10.6.7 Friction Modifiers
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transmission Fluids
10.10.2 Farm Tractor Fluids
10.10.3 Gear Oil Additives
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dispersants
11.6.2 Viscosity Index Improver
11.6.3 Detergents
11.6.4 Anti-wear Agents
11.6.5 Antioxidants
11.6.6 Corrosion Inhibitors
11.6.7 Friction Modifiers
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transmission Fluids
11.10.2 Farm Tractor Fluids
11.10.3 Gear Oil Additives
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dispersants
12.6.2 Viscosity Index Improver
12.6.3 Detergents
12.6.4 Anti-wear Agents
12.6.5 Antioxidants
12.6.6 Corrosion Inhibitors
12.6.7 Friction Modifiers
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transmission Fluids
12.10.2 Farm Tractor Fluids
12.10.3 Gear Oil Additives
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dispersants
13.6.2 Viscosity Index Improver
13.6.3 Detergents
13.6.4 Anti-wear Agents
13.6.5 Antioxidants
13.6.6 Corrosion Inhibitors
13.6.7 Friction Modifiers
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transmission Fluids
13.10.2 Farm Tractor Fluids
13.10.3 Gear Oil Additives
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Passenger Vehicles Driveline Additives Market: Competitive Dashboard
14.2 Global Passenger Vehicles Driveline Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BRB International B.V.
14.3.2 The Lubrizol Corporation
14.3.3 Vanderbilt Chemicals, LLC
14.3.4 Infineum International Ltd.
14.3.5 Afton Chemical Corporation
14.3.6 BASF SE
14.3.7 Chevron Oronite Company, LLC
14.3.8 Lubrilic Corporation
14.3.9 AB Petrochem Pvt. Ltd.
14.3.10 Evonik Industries
14.3.11 BRB International B.V.
