“Rising Demand for High-Performance Lubricants”
One specific trend driving the growth of the extreme pressure (EP) additives market is the increasing demand for high-performance lubricants in industries such as automotive, aerospace, and heavy machinery. EP additives are crucial in enhancing the lubricating properties of oils and greases, particularly under high pressure and temperature conditions. This trend is driven by the need for improved machinery efficiency, reduced wear, and extended service life of equipment. For instance, in the automotive industry, manufacturers are increasingly incorporating EP additives into engine oils to improve fuel efficiency and reduce friction in advanced engine systems. This growing demand is expected to boost market growth.
