Engine Oil Additives Market
Engine Oil Additives Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Engine Oil Additives Market Size and Growth
The global engine oil additives market is experiencing significant growth, driven by increasing automotive production and demand for high-performance lubricants. The market size was valued at approximately $12 billion in 2023, with projections indicating continued expansion due to advancements in formulation technology and rising environmental regulations. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Lubrizol
◍ Infineum
◍ Chevron Oronite
◍ Afton
◍ Tianhe
◍ Lanxess
◍ Jinzhou Kangtai
◍ Wuxi South
◍ Jinzhou Xinxing
The Engine Oil Additives Market features key players like Lubrizol, Infineum, Chevron Oronite, and Afton, which enhance product performance and longevity. These companies drive market growth through innovation and quality, improving engine efficiency. Revenue figures include:
- Lubrizol: ~$1.5 billion
- Infineum: ~$1.2 billion
- Afton: ~$800 million
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Market Segmentation
By Application
Automotive Engine
Others
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By Product
Single Component
Additive Package
$ 15980.00 Million
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