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The global Friction Modifier Additives market was valued at US$ 969.6 million in 2022 and is projected to reach US$ 1193.7 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report aims to provide a comprehensive presentation of the global market for Friction Modifier Additives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Friction Modifier Additives. This report contains market size and forecasts of Friction Modifier Additives in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Organic Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Friction Modifier Additives include BASF, King, BRB, Croda, Afton, Lubrizol, CSW, Lanxess and ABITEC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Friction Modifier Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Friction Modifier Additives Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Friction Modifier Additives Market Segment Percentages, by Type, 2022 (%)
Global Friction Modifier Additives Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Friction Modifier Additives Market Segment Percentages, by Application, 2022 (%)
Global Friction Modifier Additives Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Friction Modifier Additives Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Friction Modifier Additives revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Friction Modifier Additives revenues share in global market, 2022 (%)
Key companies Friction Modifier Additives sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Friction Modifier Additives sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: