Global Petroleum Additives Market to 2024 - Growing Prominence for Cheaper Mass-Marketed Aftermarket Additives
DUBLIN, Jan. 15, 2019 /PRNewswire/ --
The "Petroleum Additives - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets.
This report analyzes the worldwide markets for Petroleum Additives in US$ by the following Product Segments:
- Fuel Oil Additives
- Lubricating Oil Additives.
The market for Lubricating Oil Additives is further analyzed in Thousand Metric Tons and US$ Million by the following Functional Segments:
- Antioxidants
- Antiwear Agents
- Corrosion Inhibitors
- Detergents
- Dispersants
- Extreme Pressure Additives
- Foam Control Agents
- Pour Point Depressants
- Viscosity Index Improvers
- Other Lube Additives
The report profiles 133 companies including many key and niche players such as:
- Afton Chemical Corp. (USA)
- Baker Hughes Incorporated (USA)
- BASF SE (Germany)
- Chevron Oronite Company LLC (USA)
- CITGO Petroleum Corporation (USA)
- Eni SpA (Italy)
- Ethyl Corporation (USA)
- Evonik Industries AG (Germany)
- ExxonMobil Chemical Company (USA)
- Infineum International Limited (UK)
- Innospec (USA)
- LANXESS AG (Germany)
- The Lubrizol Corporation (USA)
- Repsol (Spain)
- Royal Dutch Shell plc (The Netherlands)
Key Topics Covered:
1. INDUSTRY OVERVIEW
Petroleum Additives Market
A Primer
Lubricant Additive
The Traditional Revenue Contributor
Factors Influencing Lubricant Functions (Thermal and Oxidative Stability is Imperative)
Fuel Additives
The Fastest Growing Market
Assessing the Impact of Recent Past Economic Upheavals on Global Petroleum Additives Market
Europe's Debt Crisis Slows Down Growth Momentum
Improving Economy Buoys General Market Optimism
Key World Economic Indicator
Concerns Over Rising Air Pollution Drives Spotlight on Petroleum Additives
Key Pollutants Present in Petroleum-based Fuel Emissions
Hydrocarbons (HCs)
Carbon Monoxide (CO)
Oxides of Nitrogen (NOx)
Particulate Matter (PM)
Stringent Emission Control Regulations Support Growth
Projected Growth in Industrial Production & Subsequent Rise in Consumption of Industrial Fuel & Lubes to Boost Petroleum Additives Market
Outlook
A Mixed Bag of Opportunities & Challenges
Strong Growth in Developing Markets to Drive Market Prospects for Petroleum Additives Market
Need to Achieve Product Differentiation Driving Additive Consumption among Fuel and Lubricant Suppliers
Competition
Lubricant Oil Additives
Competition
2. MARKET TRENDS, GROWTH DRIVERS AND ISSUES
Growing Petroleum Refining Activity Drives Market for Petroleum Additives
Oil and Energy Demand to Bolster Drilling Fluid Additives Market
Fuel Enhancement Properties Driving Refinery Fuel Additives Demand
Depleting Availability and Quality of Crude Oil to Drive Demand for Fuel Additives
Fuel Additives Market Continues Impressive Growth Streak
Favorable Trends Driving Fuel Additives Market
Adoption of Multifunctional Additives
Aviation Sector Embraces Biofuels
Growing Demand for Military and Defense Products
Adoption of Electric Vehicles to Hamper Market Growth
Key Regional Markets
Projected Rise in Auto Sales & Vehicle Miles Travelled and Parallel Rise in Auto Fuel & Lubricant Consumption to Boost Demand for Additives
Directives to Curb Emissions Propel Automotive Aftermarket Fuel Additives Market
North America to Maintain Lead
Opportunity Indicators
Growth in Commercial & Military Aviation Sector & Subsequent Rise in Aviation Fuel & Lubricant Consumption to Boost Market for Petroleum Additives
Jet Fuel Additives Market to Post Healthy Growth
Asia-Pacific to Command Global Market
Competitive Landscape
Marine Fuel Additives: Developed Regions to Remain Key Markets
Nano-Additives in Oil Sector: A Brief Overview
Increase in Demand for ULSD to Boost Market Prospects for Fuel Additives
Specialty Fuel Additives Drives Growth
Specialty Fuel Additives Find Broader Adoption in Emerging Markets
Growing Prominence of Biofuels
A Key Opportunity for Fuel Additives
Additives
Critical to Lubricants
Healthy Growth of Automobile Sector Impels Lubricant Additives Demand
Asia-Pacific Dominates the Lubricating Additive Market
Federal Regulations Governing Fuel Economy to Boost Market Prospects for Lubricant Additives Market
Dual Clutch Technology Driving Significant Opportunity for Lubricant Additives
Lubricants as Dispersants & Viscosity Index Improvers Dominate Market, While Lubricants as Antioxidants Show Tremendous Growth Prospects
Engine Oil Additives
Major Lubricant Additive Segment
HDMO & PCMO
Major Applications of Lubricant Additives
Industrial Engine Oil Segment Provides Lucrative Opportunities
Growing Market for Metalworking Fluids Adds to Growth in Lubricant Additives Market
Petroleum Additives as Antioxidants Gains Prominence
SONGWON
A Key Antioxidants Producer
Prices of Lubricant Additives on an Upward Trend
Major Issues Dragging Down Growth in Petroleum Additives Market
Consumer Awareness Levels Continues to be Limited
Limits Opportunities or Petroleum Additives
Drive towards CNG & LPG Fuels to Limit Opportunities for Petroleum Additives
Availability of High Quality Lubes to Hamper Growth Prospects for Lubricant Additives
Subsiding Growth in Developed Markets
Price Sensitive Markets Continue to Remain Averse to Use of Additives
Growing Prominence for Cheaper Mass-Marketed Aftermarket Additives
R&D Efforts & New Product Introductions to Boost Demand
Tightening Regulatory Standards Drive R&D Efforts
Innovation
Name of the Game
Value Added' Margins for Petroleum Additives
Use of Multi-Functional Additives Gathers Steam
Going the Nano Way ..
Environmental Concerns & Petroleum Additives
3. PRODUCT OVERVIEW
Petroleum
The Black Gold
Petroleum Additives
An Introduction
Product Classification
Fuel Oil Additives
Lubricating Oil Additives
Lubricating Additives by Function
Fuel Additives
Fuel Additives
Critical for Superior Engine Performance
Fuel Additives
Reversal of Fortunes for Some
Liquid Fuel Additives
Parameters for Choosing the Right Fuel Additive
Quality of Oil to be Blended
Solid Fuel Additives
Lubricating Oil
Classification of Fuel Additives
Detergents
Dispersants
Cold-Flow Improvers
Anti-Icing Agents
Lubricity Improvers
Cetane Enhancers
Anti-Knock Agents
Octane Enhancers
Tetraethyl Lead (TEL)
Methylcyclopentadienyl Manganese Tricarbonyl (MMT)
Alcohols
Methanol
Methanol
A Key Raw Material for MTBE
Ethanol
Chemical Composition
Ethers
MTBE
ETBE
Lubricating Oil Additives
Standards to be Adhered
Classification of Lubricating Oil Additives
Antioxidants
Chemicals
End-Use
Antiwear Agents
Chemical Composition
End-Use
Corrosion Inhibitors
Chemical Composition
End-Use
Detergents
Chemicals
End-Use
Dispersants
Chemical Composition
End-Use
Extreme Pressure Additives
Chemical Compositon
End-Use
Foam Control Agents
Chemical Composition
End-Use
Pour Point Depressants
Chemicals
End-Use
Viscosity Index Improvers
Chemical Composition
End-Use
Other Lube Additives
Biocides
Demulsifiers and Emulsifiers
Metal Deactivators
Dyes and Other Colorants
Friction Modifiers
Anti-Freeze Agents/Coolants
Anti-Rust Agents
Combustion Improvers
Raw Material Analysis
Chemistry
Ethyleneamines
Cobalt and Nickel
Product Applications of Cobalt and Nickel
Carboxylates
Pricing
Lube Logistics
Channels of Distribution
Retail
Commercial
Factory Fill
Substitute Products Make an Impact on the Additive Industry
Methanol
Ethanol Alcohol Fuel (Gasohol)
Methanol Alcohol Fuel
Propane
Electricity
Sperm Whale Oil
Seed-based Lubricants
Glucose Based Ethylene Glycol
Natural Gas
Regulatory Overview
Lubricating Oil Standards
Regulating Agencies
The International Lubricant Standardization and Approval Committee
American Petroleum Institute, the Society of Automotive Engineers and the American Society of Testing and Materials
Regulating Bodies in Different Regions/Countries
REACH Regulation
4. PRODUCT LAUNCHES
NYK Group Launches an Innovative Fuel Additive
Cummins Recommends Two Fuel Additives
Motul Introduces Broad Range of Additives for Professionals
Eurol Launches Two New Oil Additives
Oxiteno Develops ULTROIL CI Line of Corrosion Inhibitors
5. RECENT INDUSTRY ACTIVITY
RelaDyne Takes Over Conservancy Oil Group
Millers Oils Acquires Fuel Additive Science Technologies
SK Capital Acquires Oil Additives Businesses of Israel Chemicals
Italmatch Chemicals Acquires Detrex Corporation
Innospec Gets TOP TIER Diesel Approval for ECOCLEAN 4200 Additive
Omnia to Acquire Major Control of Umongo Petroleum
LANXESS Acquires Chemtura
Afton Chemical Acquires Mexico-based Firm
Afton Chemical Plans for New Petroleum Additive Facility
Pilot Chemical Company Takes Over Liquid Minerals Group
6. FOCUS ON SELECT PLAYERS
7. GLOBAL MARKET PERSPECTIVE
Total Companies Profiled: 133 (including Divisions/Subsidiaries 146)
- The United States (61)
- Canada (5)
- Japan (6)
- Europe (55)
- France (9)
- Germany (11)
- The United Kingdom (7)
- Italy (4)
- Spain (4)
- Rest of Europe (20)
- Asia-Pacific (Excluding Japan)(8)
- Middle East (4)
- Latin America (3)
- Africa (4)
For more information about this report visit https://www.researchandmarkets.com/research/g33l8l/global_petroleum?w=5
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