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Friction Modifiers-Global Market Insights and Sales Trends 2024
Synopsis
Friction modifiers are added to lubricants in order to reduce friction and wear in machine components. They are particularly important in the boundary lubrication regime, where they can prevent solid surfaces from coming into direct contact, substantially reducing friction and wear.
The global Friction Modifiers market size is expected to reach US$ 54 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Friction Modifiers in various end use industries. The expanding demands from the Transportation Lubricants and Industrial Lubricants, are propelling Friction Modifiers market. Organic Modifiers, 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 Modifiers segment is estimated at % CAGR for the next seven-year period.
The Asia Pacific region is the largest market for friction modifiers and is expected to continue leading the market till 2022. The growth of the Asia Pacific friction modifiers market can be attributed to the recognition of countries such as China, Japan, South Korea, and India as automotive hubs.
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 Modifiers, 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 Modifiers 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 Modifiers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Friction Modifiers 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 Modifiers covered in this report include Lubrizol, Afton Chemical, Infineum, Chevron Oronite Company, Croda, BASF, Lanxess, Kings Industries and BRB International, etc.
The global Friction Modifiers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lubrizol
Afton Chemical
Infineum
Chevron Oronite Company
Croda
BASF
Lanxess
Kings Industries
BRB International
Vanderbilt Chemicals
CSW Industrials
Abitec
Wynn’s
Adeka
Archoil
Multisol
PMC Biogenix
Nyco
Akzonobel
Global Friction Modifiers 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 Modifiers market, Segment by Type:
Organic Modifiers
Inorganic Modifiers
Others
Global Friction Modifiers market, by Application
Transportation Lubricants
Industrial Lubricants
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 Modifiers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Friction Modifiers 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.
Friction modifiers are added to lubricants in order to reduce friction and wear in machine components. They are particularly important in the boundary lubrication regime, where they can prevent solid surfaces from coming into direct contact, substantially reducing friction and wear.
The global Friction Modifiers market size is expected to reach US$ 54 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of Friction Modifiers in various end use industries. The expanding demands from the Transportation Lubricants and Industrial Lubricants, are propelling Friction Modifiers market. Organic Modifiers, 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 Modifiers segment is estimated at % CAGR for the next seven-year period.
The Asia Pacific region is the largest market for friction modifiers and is expected to continue leading the market till 2022. The growth of the Asia Pacific friction modifiers market can be attributed to the recognition of countries such as China, Japan, South Korea, and India as automotive hubs.
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 Modifiers, 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 Modifiers 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 Modifiers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Friction Modifiers 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 Modifiers covered in this report include Lubrizol, Afton Chemical, Infineum, Chevron Oronite Company, Croda, BASF, Lanxess, Kings Industries and BRB International, etc.
The global Friction Modifiers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lubrizol
Afton Chemical
Infineum
Chevron Oronite Company
Croda
BASF
Lanxess
Kings Industries
BRB International
Vanderbilt Chemicals
CSW Industrials
Abitec
Wynn’s
Adeka
Archoil
Multisol
PMC Biogenix
Nyco
Akzonobel
Global Friction Modifiers 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 Modifiers market, Segment by Type:
Organic Modifiers
Inorganic Modifiers
Others
Global Friction Modifiers market, by Application
Transportation Lubricants
Industrial Lubricants
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 Modifiers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Friction Modifiers 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 Modifiers Market Overview
1.1 Friction Modifiers Product Overview
1.2 Friction Modifiers Market Segment by Type
1.2.1 Organic Modifiers
1.2.2 Inorganic Modifiers
1.2.3 Others
1.3 Global Friction Modifiers Market Size by Type
1.3.1 Global Friction Modifiers Market Size Overview by Type (2018-2029)
1.3.2 Global Friction Modifiers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Friction Modifiers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Friction Modifiers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Friction Modifiers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Friction Modifiers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Friction Modifiers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Friction Modifiers Sales Breakdown by Type (2018-2023)
2 Global Friction Modifiers Market Competition by Company
2.1 Global Top Players by Friction Modifiers Sales (2018-2023)
2.2 Global Top Players by Friction Modifiers Revenue (2018-2023)
2.3 Global Top Players by Friction Modifiers Price (2018-2023)
2.4 Global Top Manufacturers Friction Modifiers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Friction Modifiers Market Competitive Situation and Trends
2.5.1 Friction Modifiers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Friction Modifiers 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 Modifiers as of 2022)
2.7 Date of Key Manufacturers Enter into Friction Modifiers Market
2.8 Key Manufacturers Friction Modifiers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Friction Modifiers Status and Outlook by Region
3.1 Global Friction Modifiers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Friction Modifiers Historic Market Size by Region
3.2.1 Global Friction Modifiers Sales in Volume by Region (2018-2023)
3.2.2 Global Friction Modifiers Sales in Value by Region (2018-2023)
3.2.3 Global Friction Modifiers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Friction Modifiers Forecasted Market Size by Region
3.3.1 Global Friction Modifiers Sales in Volume by Region (2024-2029)
3.3.2 Global Friction Modifiers Sales in Value by Region (2024-2029)
3.3.3 Global Friction Modifiers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Friction Modifiers by Application
4.1 Friction Modifiers Market Segment by Application
4.1.1 Transportation Lubricants
4.1.2 Industrial Lubricants
4.2 Global Friction Modifiers Market Size by Application
4.2.1 Global Friction Modifiers Market Size Overview by Application (2018-2029)
4.2.2 Global Friction Modifiers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Friction Modifiers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Friction Modifiers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Friction Modifiers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Friction Modifiers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Friction Modifiers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Friction Modifiers Sales Breakdown by Application (2018-2023)
5 North America Friction Modifiers by Country
5.1 North America Friction Modifiers Historic Market Size by Country
5.1.1 North America Friction Modifiers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Friction Modifiers Sales in Volume by Country (2018-2023)
5.1.3 North America Friction Modifiers Sales in Value by Country (2018-2023)
5.2 North America Friction Modifiers Forecasted Market Size by Country
5.2.1 North America Friction Modifiers Sales in Volume by Country (2024-2029)
5.2.2 North America Friction Modifiers Sales in Value by Country (2024-2029)
6 Europe Friction Modifiers by Country
6.1 Europe Friction Modifiers Historic Market Size by Country
6.1.1 Europe Friction Modifiers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Friction Modifiers Sales in Volume by Country (2018-2023)
6.1.3 Europe Friction Modifiers Sales in Value by Country (2018-2023)
6.2 Europe Friction Modifiers Forecasted Market Size by Country
6.2.1 Europe Friction Modifiers Sales in Volume by Country (2024-2029)
6.2.2 Europe Friction Modifiers Sales in Value by Country (2024-2029)
7 Asia-Pacific Friction Modifiers by Region
7.1 Asia-Pacific Friction Modifiers Historic Market Size by Region
7.1.1 Asia-Pacific Friction Modifiers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Friction Modifiers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Friction Modifiers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Friction Modifiers Forecasted Market Size by Region
7.2.1 Asia-Pacific Friction Modifiers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Friction Modifiers Sales in Value by Region (2024-2029)
8 Latin America Friction Modifiers by Country
8.1 Latin America Friction Modifiers Historic Market Size by Country
8.1.1 Latin America Friction Modifiers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Friction Modifiers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Friction Modifiers Sales in Value by Country (2018-2023)
8.2 Latin America Friction Modifiers Forecasted Market Size by Country
8.2.1 Latin America Friction Modifiers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Friction Modifiers Sales in Value by Country (2024-2029)
9 Middle East and Africa Friction Modifiers by Country
9.1 Middle East and Africa Friction Modifiers Historic Market Size by Country
9.1.1 Middle East and Africa Friction Modifiers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Friction Modifiers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Friction Modifiers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Friction Modifiers Forecasted Market Size by Country
9.2.1 Middle East and Africa Friction Modifiers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Friction Modifiers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lubrizol
10.1.1 Lubrizol Company Information
10.1.2 Lubrizol Introduction and Business Overview
10.1.3 Lubrizol Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lubrizol Friction Modifiers Products Offered
10.1.5 Lubrizol Recent Development
10.2 Afton Chemical
10.2.1 Afton Chemical Company Information
10.2.2 Afton Chemical Introduction and Business Overview
10.2.3 Afton Chemical Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Afton Chemical Friction Modifiers Products Offered
10.2.5 Afton Chemical Recent Development
10.3 Infineum
10.3.1 Infineum Company Information
10.3.2 Infineum Introduction and Business Overview
10.3.3 Infineum Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Infineum Friction Modifiers Products Offered
10.3.5 Infineum Recent Development
10.4 Chevron Oronite Company
10.4.1 Chevron Oronite Company Company Information
10.4.2 Chevron Oronite Company Introduction and Business Overview
10.4.3 Chevron Oronite Company Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Chevron Oronite Company Friction Modifiers Products Offered
10.4.5 Chevron Oronite Company Recent Development
10.5 Croda
10.5.1 Croda Company Information
10.5.2 Croda Introduction and Business Overview
10.5.3 Croda Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Croda Friction Modifiers Products Offered
10.5.5 Croda Recent Development
10.6 BASF
10.6.1 BASF Company Information
10.6.2 BASF Introduction and Business Overview
10.6.3 BASF Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BASF Friction Modifiers Products Offered
10.6.5 BASF Recent Development
10.7 Lanxess
10.7.1 Lanxess Company Information
10.7.2 Lanxess Introduction and Business Overview
10.7.3 Lanxess Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Lanxess Friction Modifiers Products Offered
10.7.5 Lanxess Recent Development
10.8 Kings Industries
10.8.1 Kings Industries Company Information
10.8.2 Kings Industries Introduction and Business Overview
10.8.3 Kings Industries Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kings Industries Friction Modifiers Products Offered
10.8.5 Kings Industries Recent Development
10.9 BRB International
10.9.1 BRB International Company Information
10.9.2 BRB International Introduction and Business Overview
10.9.3 BRB International Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 BRB International Friction Modifiers Products Offered
10.9.5 BRB International Recent Development
10.10 Vanderbilt Chemicals
10.10.1 Vanderbilt Chemicals Company Information
10.10.2 Vanderbilt Chemicals Introduction and Business Overview
10.10.3 Vanderbilt Chemicals Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Vanderbilt Chemicals Friction Modifiers Products Offered
10.10.5 Vanderbilt Chemicals Recent Development
10.11 CSW Industrials
10.11.1 CSW Industrials Company Information
10.11.2 CSW Industrials Introduction and Business Overview
10.11.3 CSW Industrials Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.11.4 CSW Industrials Friction Modifiers Products Offered
10.11.5 CSW Industrials Recent Development
10.12 Abitec
10.12.1 Abitec Company Information
10.12.2 Abitec Introduction and Business Overview
10.12.3 Abitec Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Abitec Friction Modifiers Products Offered
10.12.5 Abitec Recent Development
10.13 Wynn’s
10.13.1 Wynn’s Company Information
10.13.2 Wynn’s Introduction and Business Overview
10.13.3 Wynn’s Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Wynn’s Friction Modifiers Products Offered
10.13.5 Wynn’s Recent Development
10.14 Adeka
10.14.1 Adeka Company Information
10.14.2 Adeka Introduction and Business Overview
10.14.3 Adeka Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Adeka Friction Modifiers Products Offered
10.14.5 Adeka Recent Development
10.15 Archoil
10.15.1 Archoil Company Information
10.15.2 Archoil Introduction and Business Overview
10.15.3 Archoil Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Archoil Friction Modifiers Products Offered
10.15.5 Archoil Recent Development
10.16 Multisol
10.16.1 Multisol Company Information
10.16.2 Multisol Introduction and Business Overview
10.16.3 Multisol Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Multisol Friction Modifiers Products Offered
10.16.5 Multisol Recent Development
10.17 PMC Biogenix
10.17.1 PMC Biogenix Company Information
10.17.2 PMC Biogenix Introduction and Business Overview
10.17.3 PMC Biogenix Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.17.4 PMC Biogenix Friction Modifiers Products Offered
10.17.5 PMC Biogenix Recent Development
10.18 Nyco
10.18.1 Nyco Company Information
10.18.2 Nyco Introduction and Business Overview
10.18.3 Nyco Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Nyco Friction Modifiers Products Offered
10.18.5 Nyco Recent Development
10.19 Akzonobel
10.19.1 Akzonobel Company Information
10.19.2 Akzonobel Introduction and Business Overview
10.19.3 Akzonobel Friction Modifiers Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Akzonobel Friction Modifiers Products Offered
10.19.5 Akzonobel Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Friction Modifiers 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 Modifiers Industrial Chain Analysis
11.4 Friction Modifiers Market Dynamics
11.4.1 Friction Modifiers Industry Trends
11.4.2 Friction Modifiers Market Drivers
11.4.3 Friction Modifiers Market Challenges
11.4.4 Friction Modifiers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Friction Modifiers Distributors
12.3 Friction Modifiers 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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