Lubricant Antioxidants Market Growth with Worldwide Industry Analysis to 2028

The US$ 1.6 billion lubricant antioxidants market is likely to witness 3% y-o-y in 2019, opines a new study by Fact.MR. Gains are likely to be driven by growing applications of lubricant antioxidants in various industrial sectors, especially automotive and transportation. The study remains bullish on growing demand for lubricant antioxidants in East Asia, with China leading the rally.

The Fact.MR study finds East Asian countries, including China, Japan, and South Korea, account for around one-fourth revenue share of the global market. Demand for lubricant antioxidants from these three East Asian countries was valued at nearly US$ 435 million in 2018. A strong automotive industry, combined with growing investment in high-quality lubricants is likely to sustain market growth in East Asia.

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The lubricant antioxidants market report highlights the following players:

• BASF SE, Lubrizol,
• Chevron Oronite Company (Chevron),
• Afton Chemical,
• Infineum (ExxonMobil),
• Songwon Industrial Group,
• ENI, Evonik,

The lubricant antioxidants market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

Important regions covered in the lubricant antioxidants market report include:

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

The lubricant antioxidants market report offers a plethora of insights which include:

• Changing consumption pattern among individuals globally.
• Historical and future progress of the global lubricant antioxidants market.
• Region-wise and country-wise segmentation of the lubricant antioxidants market to understand the revenue, and growth lookout in these areas.
• Accurate Year-on-Year growth of the global lubricant antioxidants market.
• Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global lubricant antioxidants market.

The lubricant antioxidants market report answers important questions which include:

• Which regulatory authorities have granted approval to the application of lubricant antioxidants in Chemical industry?
• How will the global lubricant antioxidants market grow over the forecast period?
• Which end use industry is set to become the leading consumer of lubricant antioxidants by 2028?
• What manufacturing techniques are involved in the production of the lubricant antioxidants?
• Which regions are the lubricant antioxidants market players targeting to channelize their production portfolio?

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The lubricant antioxidants market report considers the following years to predict the market growth:

• Historic Year: 2013 – 2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year: 2018 – 2028

Why Choose Fact.MR?

Fact.MR follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.