The global petroleum additive market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of this market is driven by the increasing demand for fuel additives and lubricating additives in emerging economies such as China and India, which are witnessing rapid industrialization and economic development.
Lubricating petroleum additive segment accounted for the largest share of the global market in 2018, followed by fuel petroleum additive segment due to its wide application across various industries such as automotive, construction machinery, marine vessels, etc, which require high-quality lubricants for their operations. The compound petroleum additive segment is expected to witness significant growth during the forecast period owing to its wide application across various industries such as automotive industry where it is used as an anti-wear agent or corrosion inhibitor that prevents wear on engine parts and reduces friction between moving parts respectively.
Some Of The Growth Factors Of This Market:
- The demand for petroleum additives is expected to increase in the near future due to the increasing number of vehicles on the road and increased fuel consumption.
- The demand for petroleum additives is also expected to increase due to the increasing number of vehicles on the road and increased fuel consumption.
- Petroleum additives are used in a variety of industries, including automotive, aviation, construction, and agriculture.
- Petroleum additive manufacturers have been investing heavily in research and development activities over recent years.
Industry Growth Insights published a new data on “Petroleum Additive Market”. The research report is titled “Petroleum Additive Market research by Types (Lubricating Petroleum Additive, Fuel Petroleum Additive, Compound Petroleum Additive), By Applications (Emulsifier, Rubber, Preservative, Others), By Players/Companies Afton Chemical Corporation, Lubrizol, Total, Cehnron Oronite, Infineum International, Lubri-loy, EUROLUB, Flashlube, EPC Additives, Schaeffer Manufacturing, Guangzhou Yueneng”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Petroleum Additive Market Research Report
By Type
Lubricating Petroleum Additive, Fuel Petroleum Additive, Compound Petroleum Additive
By Application
Emulsifier, Rubber, Preservative, Others
By Companies
Afton Chemical Corporation, Lubrizol, Total, Cehnron Oronite, Infineum International, Lubri-loy, EUROLUB, Flashlube, EPC Additives, Schaeffer Manufacturing, Guangzhou Yueneng
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Petroleum Additive Market Report Segments:
The global Petroleum Additive market is segmented on the basis of:
Types
Lubricating Petroleum Additive, Fuel Petroleum Additive, Compound Petroleum Additive
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
Emulsifier, Rubber, Preservative, Others
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:
- Afton Chemical Corporation
- Lubrizol
- Total
- Cehnron Oronite
- Infineum International
- Lubri-loy
- EUROLUB
- Flashlube
- EPC Additives
- Schaeffer Manufacturing
- Guangzhou Yueneng
Highlights of The Petroleum 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:
- Lubricating Petroleum Additive
- Fuel Petroleum Additive
- Compound Petroleum Additive
- By Application:
- Emulsifier
- Rubber
- Preservative
- Others
- 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 Petroleum 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
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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?
Petroleum additives are substances that are added to petroleum products in order to improve their performance. These additives can include solvents, dispersants, and inhibitors.
Some of the key players operating in the petroleum additive market are Afton Chemical Corporation, Lubrizol, Total, Cehnron Oronite, Infineum International, Lubri-loy, EUROLUB, Flashlube, EPC Additives, Schaeffer Manufacturing, Guangzhou Yueneng.
The petroleum additive market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Petroleum 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. Petroleum Additive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Petroleum Additive Market - Supply Chain
4.5. Global Petroleum Additive Market Forecast
4.5.1. Petroleum Additive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Petroleum Additive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Petroleum Additive Market Absolute $ Opportunity
5. Global Petroleum 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. Petroleum Additive Market Size and Volume Forecast by Type
5.3.1. Lubricating Petroleum Additive
5.3.2. Fuel Petroleum Additive
5.3.3. Compound Petroleum Additive
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Petroleum 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. Petroleum Additive Market Size and Volume Forecast by Application
6.3.1. Emulsifier
6.3.2. Rubber
6.3.3. Preservative
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Petroleum 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. Petroleum 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 Petroleum 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. Petroleum 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 Petroleum Additive Demand Share Forecast, 2019-2026
9. North America Petroleum 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 Petroleum 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 Petroleum Additive Market Size and Volume Forecast by Application
9.4.1. Emulsifier
9.4.2. Rubber
9.4.3. Preservative
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Petroleum Additive Market Size and Volume Forecast by Type
9.7.1. Lubricating Petroleum Additive
9.7.2. Fuel Petroleum Additive
9.7.3. Compound Petroleum Additive
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 Petroleum Additive Demand Share Forecast, 2019-2026
10. Latin America Petroleum 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 Petroleum 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 Petroleum Additive Market Size and Volume Forecast by Application
10.4.1. Emulsifier
10.4.2. Rubber
10.4.3. Preservative
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Petroleum Additive Market Size and Volume Forecast by Type
10.7.1. Lubricating Petroleum Additive
10.7.2. Fuel Petroleum Additive
10.7.3. Compound Petroleum Additive
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 Petroleum Additive Demand Share Forecast, 2019-2026
11. Europe Petroleum 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 Petroleum 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 Petroleum Additive Market Size and Volume Forecast by Application
11.4.1. Emulsifier
11.4.2. Rubber
11.4.3. Preservative
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Petroleum Additive Market Size and Volume Forecast by Type
11.7.1. Lubricating Petroleum Additive
11.7.2. Fuel Petroleum Additive
11.7.3. Compound Petroleum Additive
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 Petroleum Additive Demand Share, 2019-2026
12. Asia Pacific Petroleum 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 Petroleum 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 Petroleum Additive Market Size and Volume Forecast by Application
12.4.1. Emulsifier
12.4.2. Rubber
12.4.3. Preservative
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Petroleum Additive Market Size and Volume Forecast by Type
12.7.1. Lubricating Petroleum Additive
12.7.2. Fuel Petroleum Additive
12.7.3. Compound Petroleum Additive
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 Petroleum Additive Demand Share, 2019-2026
13. Middle East & Africa Petroleum 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 Petroleum 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 Petroleum Additive Market Size and Volume Forecast by Application
13.4.1. Emulsifier
13.4.2. Rubber
13.4.3. Preservative
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Petroleum Additive Market Size and Volume Forecast by Type
13.7.1. Lubricating Petroleum Additive
13.7.2. Fuel Petroleum Additive
13.7.3. Compound Petroleum Additive
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 Petroleum Additive Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Petroleum Additive Market: Market Share Analysis
14.2. Petroleum Additive Distributors and Customers
14.3. Petroleum Additive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Afton Chemical 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. Lubrizol
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Total
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cehnron Oronite
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Infineum International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lubri-loy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. EUROLUB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Flashlube
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. EPC Additives
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Schaeffer Manufacturing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Guangzhou Yueneng
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
