The global organic friction modifier additive market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for lubricants in various industries such as automotive, industrial, aviation and rail. The increasing demand for lubricants in these industries is due to the growing number of vehicles on roads and railways across the globe.
Some Of The Growth Factors Of This Market:
- The increasing demand for friction modifiers in the automotive industry is a major factor driving the growth of the organic friction modifier additive market.
- The increasing demand for friction modifiers in the industrial sector is another factor driving the growth of this market.
- The growing need to reduce emissions from vehicles and industrial equipment is also a major driver of this market's growth, as it leads to increased use of friction modifiers in these sectors.
- Increasing awareness about environmental issues and regulations related to air pollution are also factors that are expected to drive this market's growth over the forecast period, as they lead to increased use of organic friction modifier additives in these sectors, which helps reduce emissions from vehicles and industrial equipment by reducing their fuel consumption levels and improving their efficiency levels respectively.
- Increasing focus on sustainable development initiatives across various industries is another factor that will drive this market's growth over the forecast period, as it leads to increased use of organic friction modifier additives in these sectors due to their eco-friendly nature.
Industry Growth Insights published a new data on “Organic Friction Modifier Additive Market”. The research report is titled “Organic Friction Modifier Additive Market research by Types (Polymers, Fatty Acids, Esters & Amides, Others), By Applications (Automobile Lubricants, Industrial Lubricants, Aviation Lubricants, Rail Lubricants), By Players/Companies Chemtura Corporation, Afton Chemicals Corporation, Multisol, Wynn's, Archoil, Whitmore, Croda International Plc, BASF SE, PMC Biogenix, Inc., NYCO SA, Cargill, Inc.”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Friction Modifier Additive Market Research Report
By Type
Polymers, Fatty Acids, Esters & Amides, Others
By Application
Automobile Lubricants, Industrial Lubricants, Aviation Lubricants, Rail Lubricants
By Companies
Chemtura Corporation, Afton Chemicals Corporation, Multisol, Wynn's, Archoil, Whitmore, Croda International Plc, BASF SE, PMC Biogenix, Inc., NYCO SA, Cargill, Inc.
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Organic Friction Modifier Additive Market Report Segments:
The global Organic Friction Modifier Additive market is segmented on the basis of:
Types
Polymers, Fatty Acids, Esters & Amides, 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
Automobile Lubricants, Industrial Lubricants, Aviation Lubricants, Rail Lubricants
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:
- Chemtura Corporation
- Afton Chemicals Corporation
- Multisol
- Wynn's
- Archoil
- Whitmore
- Croda International Plc
- BASF SE
- PMC Biogenix, Inc.
- NYCO SA
- Cargill, Inc.
Highlights of The Organic Friction Modifier Additive 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:
- Polymers
- Fatty Acids
- Esters & Amides
- Others
- By Application:
- Automobile Lubricants
- Industrial Lubricants
- Aviation Lubricants
- Rail Lubricants
- 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 Organic Friction Modifier Additive 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Organic friction modifier additive is a type of chemical that helps reduce the amount of friction between two surfaces. This can be beneficial in a variety of applications, such as reducing wear on moving parts or improving the performance of lubricants.
Some of the major players in the organic friction modifier additive market are Chemtura Corporation, Afton Chemicals Corporation, Multisol, Wynn's, Archoil, Whitmore, Croda International Plc, BASF SE, PMC Biogenix, Inc., NYCO SA, Cargill, Inc..
The organic friction modifier additive market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Organic Friction Modifier Additive Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Organic Friction Modifier Additive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Organic Friction Modifier Additive Market - Supply Chain
4.5. Global Organic Friction Modifier Additive Market Forecast
4.5.1. Organic Friction Modifier Additive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Organic Friction Modifier Additive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Organic Friction Modifier Additive Market Absolute $ Opportunity
5. Global Organic Friction Modifier Additive Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Organic Friction Modifier Additive Market Size and Volume Forecast by Type
5.3.1. Polymers
5.3.2. Fatty Acids
5.3.3. Esters & Amides
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Organic Friction Modifier Additive Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Organic Friction Modifier Additive Market Size and Volume Forecast by Application
6.3.1. Automobile Lubricants
6.3.2. Industrial Lubricants
6.3.3. Aviation Lubricants
6.3.4. Rail Lubricants
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Organic Friction Modifier Additive Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Organic Friction Modifier Additive Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Organic Friction Modifier Additive Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Organic Friction Modifier Additive Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Organic Friction Modifier Additive Demand Share Forecast, 2019-2029
9. North America Organic Friction Modifier Additive Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Organic Friction Modifier Additive Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Organic Friction Modifier Additive Market Size and Volume Forecast by Application
9.4.1. Automobile Lubricants
9.4.2. Industrial Lubricants
9.4.3. Aviation Lubricants
9.4.4. Rail Lubricants
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Organic Friction Modifier Additive Market Size and Volume Forecast by Type
9.7.1. Polymers
9.7.2. Fatty Acids
9.7.3. Esters & Amides
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Organic Friction Modifier Additive Demand Share Forecast, 2019-2029
10. Latin America Organic Friction Modifier Additive Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Organic Friction Modifier Additive Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Organic Friction Modifier Additive Market Size and Volume Forecast by Application
10.4.1. Automobile Lubricants
10.4.2. Industrial Lubricants
10.4.3. Aviation Lubricants
10.4.4. Rail Lubricants
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Organic Friction Modifier Additive Market Size and Volume Forecast by Type
10.7.1. Polymers
10.7.2. Fatty Acids
10.7.3. Esters & Amides
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Organic Friction Modifier Additive Demand Share Forecast, 2019-2029
11. Europe Organic Friction Modifier Additive Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Organic Friction Modifier Additive Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Organic Friction Modifier Additive Market Size and Volume Forecast by Application
11.4.1. Automobile Lubricants
11.4.2. Industrial Lubricants
11.4.3. Aviation Lubricants
11.4.4. Rail Lubricants
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Organic Friction Modifier Additive Market Size and Volume Forecast by Type
11.7.1. Polymers
11.7.2. Fatty Acids
11.7.3. Esters & Amides
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Organic Friction Modifier Additive Demand Share, 2019-2029
12. Asia Pacific Organic Friction Modifier Additive Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Organic Friction Modifier Additive Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Organic Friction Modifier Additive Market Size and Volume Forecast by Application
12.4.1. Automobile Lubricants
12.4.2. Industrial Lubricants
12.4.3. Aviation Lubricants
12.4.4. Rail Lubricants
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Organic Friction Modifier Additive Market Size and Volume Forecast by Type
12.7.1. Polymers
12.7.2. Fatty Acids
12.7.3. Esters & Amides
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Organic Friction Modifier Additive Demand Share, 2019-2029
13. Middle East & Africa Organic Friction Modifier Additive Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Organic Friction Modifier Additive Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Organic Friction Modifier Additive Market Size and Volume Forecast by Application
13.4.1. Automobile Lubricants
13.4.2. Industrial Lubricants
13.4.3. Aviation Lubricants
13.4.4. Rail Lubricants
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Organic Friction Modifier Additive Market Size and Volume Forecast by Type
13.7.1. Polymers
13.7.2. Fatty Acids
13.7.3. Esters & Amides
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Organic Friction Modifier Additive Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Organic Friction Modifier Additive Market: Market Share Analysis
14.2. Organic Friction Modifier Additive Distributors and Customers
14.3. Organic Friction Modifier Additive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chemtura Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Afton Chemicals Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Multisol
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Wynn's
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Archoil
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Whitmore
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Croda International Plc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BASF SE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PMC Biogenix, Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NYCO SA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cargill, Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
