Canada Lubricant Oil Additives (LOA) Market to 2032

Overview

The Canada Lubricant Oil Additives (LOA) Market is expected to reach a 1,460.70 by 2032 and is projected to grow at a CAGR of 7.01% from 2025 to 2032.

Revenue, 2024 ()
1,108.50
Forecast, 2032 ()
1,460.70
CAGR, 2024 - 2032
7.01%
Report Coverage
Canada

Canada Lubricant Oil Additives (LOA) Market 2018-2032

Canada Lubricant Oil Additives (LOA) Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1,108.50
  • Projected Market Size (2032): 1,460.70
  • CAGR (2025-2032): 7.01%

Key Findings of Canada Lubricant Oil Additives (LOA) Market

  • The Canada Lubricant Oil Additives (LOA) Market was valued at 1,108.50 in 2024.
  • The Canada Lubricant Oil Additives (LOA) Market is likely to grow at a CAGR of 7.01% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Automotive in End User Segment accounted for the largest share of the market with a revenue of 615.37
  • The fastest growing segment Friction Modifiers in Functional Type Segment grew Fastest with a CAGR of 9.81% during the forecast period from 2024 to 2032.

Canada Lubricant Oil Additives (LOA) Market Scope

Canada Lubricant Oil Additives (LOA) Market Segmentation & Scope
Functional Type
  • Others
  • Extreme Pressure additives
  • Emulsifiers
  • PPD
  • Oxidation Inhibtors
  • Rust & Corrosion Inhibtors
  • Anti-Oxidants
  • Friction Modifiers
  • Anti-wear agents
  • Detergents
  • Dispersants
  • Viscosity Index Improvers
End User
  • Industrial
  • Automotive
Application
  • Others
  • Gear Oil
  • Metalworking Fluid
  • Hydraulics Fluid
  • Industrial Oil
  • Process Oil
  • Engine Oil

Canada Lubricant Oil Additives (LOA) Market Data Coverage Insights

Study Period 2024-2032
Base Year 2017
Unit Revenue in
Market Value in 2024 1,108.50
Market Value in 2032 1,460.70
CAGR (2025-2032) 7.01%
Historic Data 2016-2023
Market Segments Covered Functional Type,End User,Application

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 1,108.50 in 2024
    • Key Country: Canada, leading in terms of revenue with value of 1,108.50 in 2024.

Segments and Scope

  • Canada Lubricant Oil Additives (LOA) Market to 2032, By Functional Type
    • Viscosity Index Improvers is the largest segment in Canada Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 244.24 in the year 2024.
    • Friction Modifiers is the Fastest growing segment in Canada Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 6.58 % in forecast period 2025-2032.
  • Canada Lubricant Oil Additives (LOA) Market to 2032, By End User
    • Automotive is the largest segment in Canada Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 615.37 in the year 2024.
    • Automotive is the Fastest growing segment in Canada Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 7.87 % in forecast period 2025-2032.
  • Canada Lubricant Oil Additives (LOA) Market to 2032, By Application
    • Engine Oil is the largest segment in Canada Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 493.46 in the year 2024.
    • Industrial Oil is the Fastest growing segment in Canada Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 6.16 % in forecast period 2025-2032.

Canada Lubricant Oil Additives (LOA) Market Company Share Analysis

 
Company Name Company Share Analysis
The Lubrizol Corporation
Chevron Corporation
Evonik Industries AG
OTHERS
Infineon Technologies AG
Canada Lubricant Oil Additives (LOA) Market Company Share Analysis

Canada Lubricant Oil Additives (LOA) Market Geographical Sales Distribution, 2018-2032

Canada Lubricant Oil Additives (LOA) Market Geographical Sales Distribution, 2018-2032

Canada Lubricant Oil Additives (LOA) Market Company Profiling

Canada Lubricant Oil Additives (LOA) Market Company Profiling
Frequently Asked Questions
The Canada Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Functional Type,End User,Application.
Canada Lubricant Oil Additives (LOA) Market was valued at USD 1,108.50(Revenue in ) in 2017.
Canada Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 7.01% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the Canada Lubricant Oil Additives (LOA) Market, holding a largest market share of 615.37 in 2024

Coming Soon....

Canada Lubricant Oil Additives (LOA) Market Scope

Canada Lubricant Oil Additives (LOA) Market Segmentation & Scope
Functional Type
  • Others
  • Extreme Pressure additives
  • Emulsifiers
  • PPD
  • Oxidation Inhibtors
  • Rust & Corrosion Inhibtors
  • Anti-Oxidants
  • Friction Modifiers
  • Anti-wear agents
  • Detergents
  • Dispersants
  • Viscosity Index Improvers
End User
  • Industrial
  • Automotive
Application
  • Others
  • Gear Oil
  • Metalworking Fluid
  • Hydraulics Fluid
  • Industrial Oil
  • Process Oil
  • Engine Oil
Frequently Asked Questions
The Canada Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Functional Type,End User,Application.
Canada Lubricant Oil Additives (LOA) Market was valued at USD 1,108.50(Revenue in ) in 2017.
Canada Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 7.01% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Lubricant Oil Additives (LOA) Market for final year is USD 1,460.70 ().

Canada Lubricant Oil Additives (LOA) Market Company Profiling

Canada Lubricant Oil Additives (LOA) Market Company Profiling
Frequently Asked Questions
The Canada Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Functional Type,End User,Application.
Canada Lubricant Oil Additives (LOA) Market was valued at USD 1,108.50(Revenue in ) in 2017.
Canada Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 7.01% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Lubricant Oil Additives (LOA) Market for final year is USD 1,460.70 ().

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.