Global Lubricant Oil Additives (LOA) Market to 2032
Overview
The Global Lubricant Oil Additives (LOA) Market is expected to reach a 26,461.68 by 2032 and is projected to grow at a CAGR of 4.00% from 2025 to 2032.
Revenue, 2024 ()
19,435.87
Forecast, 2032 ()
26,461.68
CAGR, 2024 - 2032
4.00%
Report Coverage
Global
Global Lubricant Oil Additives (LOA) Market 2018-2032
Global Lubricant Oil Additives (LOA) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 19,435.87
- Projected Market Size (2032): 26,461.68
- CAGR (2025-2032): 4.00%
Key Findings of Global Lubricant Oil Additives (LOA) Market
- The Global Lubricant Oil Additives (LOA) Market was valued at 26,461.68 in 2024.
- The Global Lubricant Oil Additives (LOA) Market is likely to grow at a CAGR of 4.00% 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 10,459.02
- The fastest growing segment Friction Modifiers in Functional Type Segment grew Fastest with a CAGR of 5.66% during the forecast period from 2024 to 2032.
Global Lubricant Oil Additives (LOA) Market Scope
Global Lubricant Oil Additives (LOA) Market Segmentation & Scope
Application
- Others
- Gear Oil
- Metalworking Fluid
- Hydraulics Fluid
- Industrial Oil
- Process Oil
- Engine Oil
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
Global Lubricant Oil Additives (LOA) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2017 |
| Unit | Revenue in |
| Market Value in 2024 | 19,435.87 |
| Market Value in 2032 | 26,461.68 |
| CAGR (2025-2032) | 4.00% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Functional Type,End User |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 19,435.87 in 2024
- Key Country: U.S., leading in terms of revenue with value of 3,949.19 in 2024.
Segments and Scope
-
Global Lubricant Oil Additives (LOA) Market to 2032, By Application
- Engine Oil is the largest segment in Global Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 8,446.46 in the year 2024.
- Industrial Oil is the Fastest growing segment in Global Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 3.43 % in forecast period 2025-2032.
-
Global Lubricant Oil Additives (LOA) Market to 2032, By Functional Type
- Viscosity Index Improvers is the largest segment in Global Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 4,105.25 in the year 2024.
- Friction Modifiers is the Fastest growing segment in Global Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 3.76 % in forecast period 2025-2032.
-
Global Lubricant Oil Additives (LOA) Market to 2032, By End User
- Automotive is the largest segment in Global Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 10,459.02 in the year 2024.
- Automotive is the Fastest growing segment in Global Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 4.41 % in forecast period 2025-2032.
Global Lubricant Oil Additives (LOA) Market Company Share Analysis
| Company Name |
|
||
| The Lubrizol Corporation | |||
| Chevron Corporation | |||
| Evonik Industries AG | |||
| OTHERS | |||
| Infineon Technologies AG | |||
Global Lubricant Oil Additives (LOA) Market Geographical Sales Distribution, 2018-2032
Global Lubricant Oil Additives (LOA) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Application,Functional Type,End User.
Global Lubricant Oil Additives (LOA) Market was valued at USD 19,435.87(Revenue in ) in 2017.
Global Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the Global Lubricant Oil Additives (LOA) Market, holding a largest market share of 10,459.02 in 2024
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Global Lubricant Oil Additives (LOA) Market Scope
Global Lubricant Oil Additives (LOA) Market Segmentation & Scope
Application
- Others
- Gear Oil
- Metalworking Fluid
- Hydraulics Fluid
- Industrial Oil
- Process Oil
- Engine Oil
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
Frequently Asked Questions
The Global Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Application,Functional Type,End User.
Global Lubricant Oil Additives (LOA) Market was valued at USD 19,435.87(Revenue in ) in 2017.
Global Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032.
The estimated market value of the Global Lubricant Oil Additives (LOA) Market for final year is USD 26,461.68 ().
Global Lubricant Oil Additives (LOA) Market Company Profiling
Frequently Asked Questions
The Global Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Application,Functional Type,End User.
Global Lubricant Oil Additives (LOA) Market was valued at USD 19,435.87(Revenue in ) in 2017.
Global Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 4.00% during the forecast period of 2024 to 2032.
The estimated market value of the Global Lubricant Oil Additives (LOA) Market for final year is USD 26,461.68 ().
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