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Friction Modifier-Global Market Insights and Sales Trends 2024
Synopsis
The global Friction Modifier market size is expected to reach US$ 1175.4 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Friction Modifier in various end use industries. The expanding demands from the Automotive, Aviation, Railway Transportation and Mechanical Equipment, are propelling Friction Modifier market. Organic Friction Modifier, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Inorganic Friction Modifier segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Friction Modifier market, driven by demand from China, the second largest economy with some signs of stabilising, the Friction Modifier market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Friction Modifier, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Friction Modifier market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Friction Modifier market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Friction Modifier sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Friction Modifier covered in this report include Lanxess, Afton Chemicals, Multisol, Whitmore, International Lubricants, Archoil and Wynn's, etc.
The global Friction Modifier market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lanxess
Afton Chemicals
Multisol
Whitmore
International Lubricants
Archoil
Wynn's
Global Friction Modifier market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Friction Modifier market, Segment by Type:
Organic Friction Modifier
Inorganic Friction Modifier
Global Friction Modifier market, by Application
Automotive
Aviation
Railway Transportation
Mechanical Equipment
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Friction Modifier manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Friction Modifier in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Friction Modifier market size is expected to reach US$ 1175.4 million by 2029, growing at a CAGR of 3.2% from 2023 to 2029. The market is mainly driven by the significant applications of Friction Modifier in various end use industries. The expanding demands from the Automotive, Aviation, Railway Transportation and Mechanical Equipment, are propelling Friction Modifier market. Organic Friction Modifier, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Inorganic Friction Modifier segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Friction Modifier market, driven by demand from China, the second largest economy with some signs of stabilising, the Friction Modifier market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Friction Modifier, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Friction Modifier market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Friction Modifier market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Friction Modifier sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Friction Modifier covered in this report include Lanxess, Afton Chemicals, Multisol, Whitmore, International Lubricants, Archoil and Wynn's, etc.
The global Friction Modifier market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lanxess
Afton Chemicals
Multisol
Whitmore
International Lubricants
Archoil
Wynn's
Global Friction Modifier market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Friction Modifier market, Segment by Type:
Organic Friction Modifier
Inorganic Friction Modifier
Global Friction Modifier market, by Application
Automotive
Aviation
Railway Transportation
Mechanical Equipment
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Friction Modifier manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Friction Modifier in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Friction Modifier Market Overview
1.1 Friction Modifier Product Overview
1.2 Friction Modifier Market Segment by Type
1.2.1 Organic Friction Modifier
1.2.2 Inorganic Friction Modifier
1.3 Global Friction Modifier Market Size by Type
1.3.1 Global Friction Modifier Market Size Overview by Type (2018-2029)
1.3.2 Global Friction Modifier Historic Market Size Review by Type (2018-2023)
1.3.3 Global Friction Modifier Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Friction Modifier Sales Breakdown by Type (2018-2023)
1.4.2 Europe Friction Modifier Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Friction Modifier Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Friction Modifier Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Friction Modifier Sales Breakdown by Type (2018-2023)
2 Global Friction Modifier Market Competition by Company
2.1 Global Top Players by Friction Modifier Sales (2018-2023)
2.2 Global Top Players by Friction Modifier Revenue (2018-2023)
2.3 Global Top Players by Friction Modifier Price (2018-2023)
2.4 Global Top Manufacturers Friction Modifier Manufacturing Base Distribution, Sales Area, Product Type
2.5 Friction Modifier Market Competitive Situation and Trends
2.5.1 Friction Modifier Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Friction Modifier Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Friction Modifier as of 2022)
2.7 Date of Key Manufacturers Enter into Friction Modifier Market
2.8 Key Manufacturers Friction Modifier Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Friction Modifier Status and Outlook by Region
3.1 Global Friction Modifier Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Friction Modifier Historic Market Size by Region
3.2.1 Global Friction Modifier Sales in Volume by Region (2018-2023)
3.2.2 Global Friction Modifier Sales in Value by Region (2018-2023)
3.2.3 Global Friction Modifier Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Friction Modifier Forecasted Market Size by Region
3.3.1 Global Friction Modifier Sales in Volume by Region (2024-2029)
3.3.2 Global Friction Modifier Sales in Value by Region (2024-2029)
3.3.3 Global Friction Modifier Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Friction Modifier by Application
4.1 Friction Modifier Market Segment by Application
4.1.1 Automotive
4.1.2 Aviation
4.1.3 Railway Transportation
4.1.4 Mechanical Equipment
4.1.5 Others
4.2 Global Friction Modifier Market Size by Application
4.2.1 Global Friction Modifier Market Size Overview by Application (2018-2029)
4.2.2 Global Friction Modifier Historic Market Size Review by Application (2018-2023)
4.2.3 Global Friction Modifier Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Friction Modifier Sales Breakdown by Application (2018-2023)
4.3.2 Europe Friction Modifier Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Friction Modifier Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Friction Modifier Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Friction Modifier Sales Breakdown by Application (2018-2023)
5 North America Friction Modifier by Country
5.1 North America Friction Modifier Historic Market Size by Country
5.1.1 North America Friction Modifier Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Friction Modifier Sales in Volume by Country (2018-2023)
5.1.3 North America Friction Modifier Sales in Value by Country (2018-2023)
5.2 North America Friction Modifier Forecasted Market Size by Country
5.2.1 North America Friction Modifier Sales in Volume by Country (2024-2029)
5.2.2 North America Friction Modifier Sales in Value by Country (2024-2029)
6 Europe Friction Modifier by Country
6.1 Europe Friction Modifier Historic Market Size by Country
6.1.1 Europe Friction Modifier Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Friction Modifier Sales in Volume by Country (2018-2023)
6.1.3 Europe Friction Modifier Sales in Value by Country (2018-2023)
6.2 Europe Friction Modifier Forecasted Market Size by Country
6.2.1 Europe Friction Modifier Sales in Volume by Country (2024-2029)
6.2.2 Europe Friction Modifier Sales in Value by Country (2024-2029)
7 Asia-Pacific Friction Modifier by Region
7.1 Asia-Pacific Friction Modifier Historic Market Size by Region
7.1.1 Asia-Pacific Friction Modifier Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Friction Modifier Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Friction Modifier Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Friction Modifier Forecasted Market Size by Region
7.2.1 Asia-Pacific Friction Modifier Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Friction Modifier Sales in Value by Region (2024-2029)
8 Latin America Friction Modifier by Country
8.1 Latin America Friction Modifier Historic Market Size by Country
8.1.1 Latin America Friction Modifier Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Friction Modifier Sales in Volume by Country (2018-2023)
8.1.3 Latin America Friction Modifier Sales in Value by Country (2018-2023)
8.2 Latin America Friction Modifier Forecasted Market Size by Country
8.2.1 Latin America Friction Modifier Sales in Volume by Country (2024-2029)
8.2.2 Latin America Friction Modifier Sales in Value by Country (2024-2029)
9 Middle East and Africa Friction Modifier by Country
9.1 Middle East and Africa Friction Modifier Historic Market Size by Country
9.1.1 Middle East and Africa Friction Modifier Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Friction Modifier Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Friction Modifier Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Friction Modifier Forecasted Market Size by Country
9.2.1 Middle East and Africa Friction Modifier Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Friction Modifier Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lanxess
10.1.1 Lanxess Company Information
10.1.2 Lanxess Introduction and Business Overview
10.1.3 Lanxess Friction Modifier Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lanxess Friction Modifier Products Offered
10.1.5 Lanxess Recent Development
10.2 Afton Chemicals
10.2.1 Afton Chemicals Company Information
10.2.2 Afton Chemicals Introduction and Business Overview
10.2.3 Afton Chemicals Friction Modifier Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Afton Chemicals Friction Modifier Products Offered
10.2.5 Afton Chemicals Recent Development
10.3 Multisol
10.3.1 Multisol Company Information
10.3.2 Multisol Introduction and Business Overview
10.3.3 Multisol Friction Modifier Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Multisol Friction Modifier Products Offered
10.3.5 Multisol Recent Development
10.4 Whitmore
10.4.1 Whitmore Company Information
10.4.2 Whitmore Introduction and Business Overview
10.4.3 Whitmore Friction Modifier Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Whitmore Friction Modifier Products Offered
10.4.5 Whitmore Recent Development
10.5 International Lubricants
10.5.1 International Lubricants Company Information
10.5.2 International Lubricants Introduction and Business Overview
10.5.3 International Lubricants Friction Modifier Sales, Revenue and Gross Margin (2018-2023)
10.5.4 International Lubricants Friction Modifier Products Offered
10.5.5 International Lubricants Recent Development
10.6 Archoil
10.6.1 Archoil Company Information
10.6.2 Archoil Introduction and Business Overview
10.6.3 Archoil Friction Modifier Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Archoil Friction Modifier Products Offered
10.6.5 Archoil Recent Development
10.7 Wynn's
10.7.1 Wynn's Company Information
10.7.2 Wynn's Introduction and Business Overview
10.7.3 Wynn's Friction Modifier Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Wynn's Friction Modifier Products Offered
10.7.5 Wynn's Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Friction Modifier Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Friction Modifier Industrial Chain Analysis
11.4 Friction Modifier Market Dynamics
11.4.1 Friction Modifier Industry Trends
11.4.2 Friction Modifier Market Drivers
11.4.3 Friction Modifier Market Challenges
11.4.4 Friction Modifier Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Friction Modifier Distributors
12.3 Friction Modifier Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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