North America Lubricant Oil Additives (LOA) Market to 2032
Overview
The North America Lubricant Oil Additives (LOA) Market is expected to reach a 7,137.36 by 2032 and is projected to grow at a CAGR of 5.63% from 2025 to 2032.
Revenue, 2024 ()
5,704.55
Forecast, 2032 ()
7,137.36
CAGR, 2024 - 2032
5.63%
Report Coverage
North America
North America Lubricant Oil Additives (LOA) Market 2018-2032
North America Lubricant Oil Additives (LOA) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 5,704.55
- Projected Market Size (2032): 7,137.36
- CAGR (2025-2032): 5.63%
Key Findings of North America Lubricant Oil Additives (LOA) Market
- The North America Lubricant Oil Additives (LOA) Market was valued at 5,704.55 in 2024.
- The North America Lubricant Oil Additives (LOA) Market is likely to grow at a CAGR of 5.63% 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 3,137.15
- The fastest growing segment Friction Modifiers in Functional Type Segment grew Fastest with a CAGR of 8.38% during the forecast period from 2024 to 2032.
North America Lubricant Oil Additives (LOA) Market Scope
North America Lubricant Oil Additives (LOA) Market Segmentation & Scope
End User
- Industrial
- Automotive
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
North America Lubricant Oil Additives (LOA) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2017 |
| Unit | Revenue in |
| Market Value in 2024 | 5,704.55 |
| Market Value in 2032 | 7,137.36 |
| CAGR (2025-2032) | 5.63% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Application,Functional Type |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 5,704.55 in 2024
- Key Country: U.S., leading in terms of revenue with value of 3,949.19 in 2024.
Segments and Scope
-
North America Lubricant Oil Additives (LOA) Market to 2032, By End User
- Automotive is the largest segment in North America Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 3,137.15 in the year 2024.
- Automotive is the Fastest growing segment in North America Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 6.46 % in forecast period 2025-2032.
-
North America Lubricant Oil Additives (LOA) Market to 2032, By Application
- Engine Oil is the largest segment in North America Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 2,508.12 in the year 2024.
- Industrial Oil is the Fastest growing segment in North America Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 4.59 % in forecast period 2025-2032.
-
North America Lubricant Oil Additives (LOA) Market to 2032, By Functional Type
- Viscosity Index Improvers is the largest segment in North America Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 1,229.77 in the year 2024.
- Friction Modifiers is the Fastest growing segment in North America Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 5.22 % in forecast period 2025-2032.
North America Lubricant Oil Additives (LOA) Market Company Share Analysis
| Company Name |
|
||
| The Lubrizol Corporation | |||
| Chevron Corporation | |||
| Evonik Industries AG | |||
| OTHERS | |||
| Infineon Technologies AG | |||
North America Lubricant Oil Additives (LOA) Market Geographical Sales Distribution, 2018-2032
North America Lubricant Oil Additives (LOA) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Lubricant Oil Additives (LOA) Market is segmented based on Segmentation End User,Application,Functional Type.
North America Lubricant Oil Additives (LOA) Market was valued at USD 5,704.55(Revenue in ) in 2017.
North America Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 5.63% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the North America Lubricant Oil Additives (LOA) Market, holding a largest market share of 3,137.15 in 2024
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North America Lubricant Oil Additives (LOA) Market Scope
North America Lubricant Oil Additives (LOA) Market Segmentation & Scope
End User
- Industrial
- Automotive
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
Frequently Asked Questions
The North America Lubricant Oil Additives (LOA) Market is segmented based on Segmentation End User,Application,Functional Type.
North America Lubricant Oil Additives (LOA) Market was valued at USD 5,704.55(Revenue in ) in 2017.
North America Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 5.63% during the forecast period of 2024 to 2032.
The estimated market value of the North America Lubricant Oil Additives (LOA) Market for final year is USD 7,137.36 ().
North America Lubricant Oil Additives (LOA) Market Company Profiling
Frequently Asked Questions
The North America Lubricant Oil Additives (LOA) Market is segmented based on Segmentation End User,Application,Functional Type.
North America Lubricant Oil Additives (LOA) Market was valued at USD 5,704.55(Revenue in ) in 2017.
North America Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 5.63% during the forecast period of 2024 to 2032.
The estimated market value of the North America Lubricant Oil Additives (LOA) Market for final year is USD 7,137.36 ().
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