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黏結劑潤滑油

市場調查報告書

商品編碼

1624949

潤滑油添加劑市場（按添加劑類型、應用和地區劃分），2024 年至 2031 年

Lubricant Additives Market By Type of Additive, Application, Region for 2024-2031

出版日期: 2024年07月26日 | 出版商:

Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

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簡介目錄

潤滑油添加劑市場評估，2024 年至 2031 年

再精煉產業的發展以及對與回收基礎油相容的添加劑的需求不斷增加。再精煉過程將廢油回收成高品質潤滑油基礎油，因此需要特定的添加劑來滿足性能標準。這一趨勢支持永續發展努力並減少環境影響，符合消費者對燃料成本和生態足跡的擔憂。因此，蓬勃發展的再精煉產業和對與再生基礎油相容的添加劑不斷增長的需求預計將推動市場規模在 2023 年超過 185.4 億美元，到 2031 年達到 222.9 億美元，估值達到 1 億美元。

消費者對省油潤滑油的需求正在上升。潤滑油製造商對此作出了回應，並開發了可最大限度減少摩擦、提高引擎性能的添加劑，從而提高了燃油經濟性。這些進步吸引了許多尋求經濟高效的解決方案和環保產品的消費者。對燃油效率的關注凸顯了市場對潤滑油配方創新和永續性的追求，添加劑製造商已準備好利用不斷發展的行業趨勢。因此，由於對燃油效率潤滑油的需求不斷增加以及對燃油效率的重視，預計 2024 年至 2031 年期間市場複合年增長率為 2.57%。

潤滑油添加劑市場定義/概述

潤滑油添加劑在提高基礎油在各種應用中的性能和耐久性方面發揮著重要作用。這些添加劑是有機或無機化合物，與基礎油混合形成黏性流體混合物。添加劑通常佔總油量的 0.1% 到 30%，具體取決於具體應用和性能要求。

潤滑油添加劑有多種類別，每種添加劑都有其獨特的功能，旨在改善基礎油在不同使用條件下的性能。黏度指數改進劑和傾點下降劑 (PPD) 是用來改變基礎油固有屬性的添加劑的例子。黏度指數改進劑有助於在一定溫度範圍內保持一致的黏度，這對於確保引擎的平穩運作和效率非常重要。另一方面，傾點下降劑可以降低石油開始凝固的溫度，改善其在寒冷天氣下的流動性和性能。

其他重要的添加劑是清潔劑和分散劑，它們有助於使污染物分散在油中，從而防止引擎中沉積物和油泥堆積。這些添加劑可保護金屬表面免受腐蝕並保持引擎清潔，從而延長引擎壽命和可靠的性能。抗氧化劑可作為抗氧化保護劑，防止氧化隨著時間的推移降低油的質量，從而確保潤滑劑在其使用壽命內保持穩定和有效。

潤滑油添加劑的主要作用是為基礎油引入新特性、增強現有特性或緩解不良特性。由於其多功能性，此添加劑廣泛應用於汽車潤滑油、工業機油、一般工業用油、金屬加工液、潤滑脂和製程油。在添加劑技術不斷進步和產業需求不斷發展的推動下，這些領域的應用對全球潤滑油添加劑市場的發展做出了重大貢獻。

對引擎效率和低排放的需求會促進潤滑油添加劑市場成長嗎？

潤滑油添加劑的使用對於提高各行業所用油的性能和壽命起著至關重要的作用。這些添加劑旨在改善油的黏度，充當抗氧化劑，抑制腐蝕並提高潤滑劑的整體穩定性，特別是在內燃機中。例如，在汽車領域，潤滑油添加劑對於維持引擎效率、減少排放和延長油壽命至關重要。全球汽車銷售的成長大大推動了對引擎油、煞車油和變速箱油等潤滑油的需求，從而為專門滿足汽車潤滑要求的添加劑成分創造了一個平行市場。

疫情過後，由於供應基地轉移，以及在 "中國+1" 戰略下在越南、印度等地區建立新的製造工廠，工業機械的銷售也大幅增長。這些設施需要大量新機器，從而刺激對工業潤滑油的需求。隨之而來的潤滑劑消耗量的增加刺激了對可提高性能並確保工業應用中運行效率的添加劑成分的需求。隨著世界各國轉向使用電動和混合動力汽車以減少碳排放，對潤滑油的需求也發生了顯著變化。內燃機使用的傳統配方正被針對電動傳動系統量身訂製的先進潤滑油所取代。這種轉變凸顯了潤滑油添加劑不斷創新的必要性，以滿足現代汽車技術不斷變化的需求。

在食品加工領域，由於加工食品和食品飲料消費量的增加，對食品級潤滑劑的需求正在快速增加。這些潤滑劑，例如齒輪油、鏈條油和液壓油，對於維持加工設備的衛生標準和運作效率至關重要。食品級潤滑油中使用的添加劑著重在各種操作條件下優化性能，同時確保符合衛生法規。採礦業、農業、建築業和海洋工業等終端使用領域的成長也大大促進了潤滑油添加劑的需求。這些行業嚴重依賴潤滑劑來確保機械設備的平穩運作、最大限度地減少停機時間並降低維護成本。隨著這些產業在全球擴張，對可靠、高效潤滑解決方案的需求持續推動對高性能潤滑添加劑的需求。

潤滑油添加劑的技術進步正在推動市場成長，正在進行的研究和開發旨在開發改善性能特徵的配方。這包括在各種溫度和操作條件下增加油的黏度、減少摩擦、提高耐磨性和保持潤滑油膜厚度的添加劑。此外，旨在減少排放和提高燃油經濟性的監管措施正在推動有助於環境永續性和法規遵循的添加劑的開發。

原物料價格波動將如何阻礙潤滑油添加劑市場的成長？

原料價格的波動也為潤滑油添加劑市場帶來了重大課題。原油價格波動、地緣政治緊張局勢以及供需失衡都會影響添加劑中使用的石油基化合物的成本。這些價格波動會影響生產成本，進而影響潤滑油添加劑的定價並給製造商帶來財務課題。環境問題日益改變潤滑油添加劑的模式。隨著人們對環境問題認識的不斷增強，添加劑對生態系統和人類健康的影響開始受到關注。被視為有害或污染的添加劑可能面臨監管或禁止，從而減少製造商可用的選擇並促使對環保替代品的需求。

向電動車（EV）的轉變是一種變革趨勢，有可能擾亂潤滑油添加劑市場。與內燃機汽車相比，電動車通常需要更少的潤滑油，這可以減少汽車產業對潤滑油添加劑的整體需求。這種轉變凸顯了潤滑油技術創新的必要性，以滿足電動傳動系統不斷變化的需求並減輕對市場成長的影響。潤滑油技術的先進封裝，包括開發整合添加劑包的高性能潤滑油，既是課題也是機會。性能卓越的預配方潤滑劑可以減少對獨立售後添加劑的需求。製造商越來越注重提供滿足嚴格性能要求的全面解決方案，從而重塑潤滑油添加劑的市場動態。

此外，市場還面臨生物基潤滑劑和奈米技術添加劑等新替代品的替代風險。這些替代品有可能在某些應用中取代傳統的潤滑劑添加劑，提供類似或更好的性能特徵，同時解決環境問題。運輸、工業機械和汽車等終端用戶產業的週期性也會影響潤滑油添加劑的需求。這些產業的經濟衰退和波動可能會促使潤滑油和添加劑的消費減少，進而影響市場擴張。

全球減少排放的行動更重視改善車輛設計和潤滑效率，以最大限度地減少對環境的影響。潤滑油添加劑在減少車輛摩擦、提高燃油經濟性和減少乘用車和商用車的二氧化碳排放方面發揮著至關重要的作用。美國企業平均燃油經濟性(CAFE) 標準和歐洲嚴格的排放標準等監管框架進一步凸顯了先進潤滑油配方的重要性，推動潤滑油添加劑市場邁向可持續發展和減排的新時代。定位是該地區是一個有希望的成長機會，致力於

The growth of the re-refining industry and the increasing demand for additives compatible with recycled base oils. Re-refining processes recycle used oil into high-quality base oil for lubricants, creating a need for specific additives to meet performance standards. This trend supports sustainability efforts and reduces environmental impact, aligning with consumer concerns about fuel costs and ecological footprint. Thus, the burgeoning re-refining industry and growing demand for additives compatible with recycled base oils surge the growth of market size surpassing USD 18.54 Billion in 2023 to reach a valuation of USD 22.29 Billion by 2031.

The rising consumer demand for fuel-efficient lubricants. Lubricant manufacturers are responding by developing additives that minimize friction and enhance engine performance, thereby improving fuel economy. These advancements appeal to a broader spectrum of consumers seeking cost-effective solutions and environmentally friendly products. The focus on fuel efficiency underscores the market's drive towards innovation and sustainability in lubricant formulations, positioning additive manufacturers to capitalize on evolving industry trends. Thus, the growing demand for fuel-efficient lubricants and focus on fuel efficiency enable the market growth to grow at aCAGR of 2.57% from 2024 to 2031.

Lubricant Additives Market: Definition/ Overview

Lubricant additives play a crucial role in enhancing the performance and durability of base oils across various applications. These additives are either organic or inorganic chemical compounds that are blended into base oils to form a unified fluid mixture. Typically, additives constitute between 0.1 to 30 percent of the total oil volume, depending on the specific application and performance requirements.

There are several categories of lubricant additives, each serving distinct functions tailored to improve base oil characteristics under diverse operating conditions. Viscosity index improvers and pour point depressants (PPD) are examples of additives aimed at modifying the inherent properties of base oils. Viscosity index improvers help maintain consistent viscosity across a range of temperatures, crucial for ensuring smooth engine operation and efficiency. Pour point depressants, on the other hand, lower the temperature at which oil begins to solidify, improving fluidity and performance in cold climates.

Other essential additives include detergents and dispersants, which prevent the buildup of deposits and sludge in engines by keeping contaminants dispersed in the oil. These additives protect metal surfaces from corrosion and maintain engine cleanliness, thereby extending engine life and performance reliability. Antioxidants serve as protective agents against oxidation, a process that can degrade oil quality over time, ensuring the lubricant remains stable and effective over its lifespan.

The primary functions of lubricant additives are to introduce new properties to base oils, enhance existing properties, and mitigate undesirable characteristics. This versatility allows additives to be widely employed in automotive lubricants, industrial engine oils, general industrial oils, metalworking fluids, greases, and process oils. Their application across these sectors contributes significantly to the advancement of the lubricant additives market worldwide, driven by continual advancements in additive technology and evolving industry requirements.

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Will the Demand for Engine Efficiency and, Low Emissions, Surge the Growth of the Lubricant Additives Market?

The use of lubricant additives plays a crucial role in enhancing the performance and longevity of oils used across various industries. These additives are designed to improve oil viscosity, act as antioxidants, inhibit corrosion, and enhance the overall stability of lubricants, particularly in combustion engines. In the automotive sector, for instance, lubricant additives are integral to maintaining engine efficiency, reducing emissions, and extending oil life. The rising sales of automobiles globally have significantly boosted the demand for lubricants such as engine oils, brake fluids, and transmission oils, driving parallel growth in the market for additive components tailored specifically to meet automotive lubrication requirements.

Industrial machinery sales have also surged post-pandemic, driven by a shift in supply hubs and the establishment of new manufacturing facilities across regions like Vietnam, India, and others under the 'China plus one' strategy. These facilities require substantial amounts of new machinery, thereby stimulating demand for industrial lubricants. The subsequent increase in lubricant consumption fuels the demand for additive components that enhance performance and ensure operational efficiency in industrial applications. As the world transitions towards electric vehicles (EVs) and hybrids to reduce carbon emissions, there is a notable shift in lubricant demand. Traditional formulations used for internal combustion engines are being replaced by advanced lubricants tailored for electric drivetrains. This shift underscores the need for continuous innovation in lubricant additives to meet the evolving requirements of modern automotive technologies.

In the food processing sector, the demand for food-grade lubricants has risen sharply alongside the growing consumption of processed food products and beverages. These lubricants are essential for maintaining the hygiene standards and operational efficiency of processing equipment, such as gear oils, chain oils, and hydraulic oils. Additives used in food-grade lubricants focus on ensuring compliance with health regulations while optimizing performance in various operational conditions. The growth of end-use sectors such as mining, agriculture, construction, and marine industries also contributes significantly to the demand for lubricant additives. These sectors rely heavily on lubricants to ensure the smooth operation of machinery and equipment, minimize downtime, and reduce maintenance costs. As these industries expand globally, the demand for high-performance lubricant additives continues to grow, driven by the need for reliable and efficient lubrication solutions.

Technological advancements in lubricant additives are driving market expansion, with ongoing research and development aimed at creating formulations that offer improved performance characteristics. This includes additives that enhance oil viscosity, reduce friction, improve wear resistance, and maintain lubricating film thickness across a wide range of temperatures and operating conditions. Moreover, regulatory initiatives aimed at reducing emissions and enhancing fuel efficiency are prompting the development of additives that contribute to environmental sustainability and regulatory compliance.

How do the Fluctuations of Raw Material Prices Impede the Growth of Lubricant Additives Market?

Volatility in raw material prices also poses a considerable challenge to the lubricant additives market. Fluctuations in crude oil prices, geopolitical tensions, and supply-demand imbalances can impact the cost of petroleum-based compounds used in additives. Such price volatility affects production costs, thereby influencing the pricing of lubricant additives and posing financial challenges for manufacturers. Environmental concerns are increasingly shaping the landscape of lubricant additives. With heightened awareness of environmental issues, the impact of additives on ecosystems and human health is under scrutiny. Additives deemed harmful or polluting may face restrictions or bans, reducing the options available to manufacturers and driving the need for environmentally friendly alternatives.

The shift towards electric vehicles (EVs) represents a transformative trend that could potentially disrupt the lubricant additives market. EVs typically require less lubrication compared to internal combustion engine vehicles, potentially reducing the overall demand for lubricant additives in the automotive sector. This transition underscores the need for innovation in lubricant technology to cater to the evolving needs of electric drivetrains and mitigate the impact on market growth. Advancements in lubricant technology, including the development of high-performance lubricants with integrated additive packages, pose both a challenge and an opportunity. Pre-formulated lubricants that offer superior performance may reduce the demand for standalone aftermarket additives. Manufacturers are increasingly focusing on delivering comprehensive solutions that meet stringent performance requirements, thereby reshaping the market dynamics for lubricant additives.

Moreover, the market faces substitution risks from emerging alternatives such as bio-based lubricants and nanotechnology-based additives. These substitutes offer comparable or enhanced performance characteristics while addressing environmental concerns, potentially displacing traditional lubricant additives in certain applications. The cyclicality of end-user industries such as transportation, industrial machinery, and automotive also influences demand for lubricant additives. Economic downturns or fluctuations in these industries can lead to reduced consumption of lubricants and additives, affecting market expansion.

In response to global efforts to curb emissions, there is a growing emphasis on enhancing vehicle design and lubrication efficiency to minimize environmental impact. Lubricant additives play a crucial role in improving fuel efficiency by reducing friction in vehicles, thereby contributing to lower carbon dioxide emissions from both passenger cars and commercial vehicles. Regulatory frameworks like Corporate Average Fuel Economy (CAFE) standards in the U.S. and stringent exhaust emission laws in Europe further underscore the importance of advanced lubricant formulations, positioning the lubricant additives market for promising growth opportunities in regions committed to sustainability and emissions reduction.

Category-Wise Acumens

How does the Wide Use of Viscosity Index Improvers in the Gear Oils and Multi-Grade Engine Oils Surge the Growth of the Viscosity Index Improvers Segment?

Viscosity index improvers are polymer-based additives designed to minimize the viscosity changes that occur with temperature variations. Widely utilized in gear oils, multi-grade engine oils, automatic transmission fluids, hydraulic fluids, greases, and power steering fluids, VII additives enable fluids to maintain optimal flow characteristics across different operating temperatures. This capability ensures efficient lubrication and extends the service life of mechanical components by facilitating quicker lubricant delivery to critical engine parts.

Dispersants are another critical category of lubricant additives extensively used to prevent the formation of sludge, varnish, and deposits on engine surfaces. They are particularly crucial in heavy-duty engine oils and gasoline engines, where they account for a significant portion of additive usage aimed at maintaining engine cleanliness and performance integrity. Dispersants also find application in aviation piston engine oils, natural gas engine oils, gear lubricants, and automatic transmission fluids, where they effectively manage deposits under varying engine speeds and temperatures.

Viscosity Index Improves segment showing significant growth in the Lubricant Additives Market. These additives, suspended in base oils, serve crucial roles such as improving viscosity stability across a wide temperature range. In addition to VII, lubricant formulations include a variety of other additives like detergents, dispersants, anti-wear additives, friction modifiers, antioxidants, corrosion inhibitors, and emulsifiers, each tailored to enhance specific performance aspects of lubricants.

Across industries such as automotive, marine, and metallurgy, these additives play essential roles depending on their functional classifications. The automotive sector, for instance, increasingly demands additives that ensure engine cleanliness, improve fuel efficiency, and prolong the life of engine lubricants. This has led to heightened usage of dispersants, antioxidants, and friction modifiers, which help combat sludge formation, and oxidation, and reduce frictional losses within engines.

How the Growing Focus on High Performance and Operational Efficient Engines Propel the Growth of Automotive Segment?

The automotive segment showing significant growth in the lubricant additives market. Consumers worldwide are increasingly favoring high-performance and operationally efficient engines, which has driven the demand for advanced lubricant additives in both gasoline and diesel engines. Additives such as dispersants, viscosity index improvers, antioxidants, and friction modifiers are integral to modern automotive fuel systems due to their ability to enhance oxidative stability, solvency, and reduce volatility. These additives play crucial roles in improving fuel economy, maintaining optimal engine temperatures, ensuring cleanliness, and addressing inherent deficiencies in diesel fuels. Additionally, they contribute to extending the longevity of lubricants themselves, thereby optimizing overall engine performance and durability.

The Asia Pacific region, propelled by rapid industrial and automotive sector growth in countries like China, India, and Japan, stands out as a significant driver of the lubricant additives market. Government initiatives promoting fuel efficiency in the automotive industry have further accelerated the adoption of high-performance lubricant additives. The region's burgeoning middle class with increasing disposable incomes has spurred the production of passenger cars, heavy-duty vehicles, and two-wheelers, resulting in a substantial rise in lubricant consumption volumes.

In the automotive context, lubricant additives fulfill critical functions such as cleaning, cooling, and protecting metal components against corrosion and rust. Engine oils, for instance, are indispensable for enhancing fuel efficiency and overall engine performance by reducing friction and wear. In automotive gearboxes, specialized gear oils fortified with additives protect gear components from the extreme pressures and temperatures encountered during operation. These additives not only optimize mechanical efficiency but also contribute to extending the service life of automotive components, ensuring reliability and performance under varying operating conditions.

Country/Region Wise Acumens

Will the Strict Environmental Regulations for Lowering Carbon Emissions Escalates the Growth of Lubricant Additives Market in North America?

The North American poised the growth in the lubricant additives market driven by stringent environmental regulations aimed at reducing carbon emissions. These regulations are prompting industries to adopt lubricant additives that enhance machinery performance, reduce wear and tear, act as coolants, and improve overall vehicle efficiency. In the United States, in particular, the implementation of federal regulations targeting fleet fuel efficiency has spurred demand for advanced engine oils formulated with high-performance lubricant additives. This regulatory push is compelling vehicle manufacturers to prioritize the development of more efficient and durable automotive lubricants to meet compliance requirements and reduce maintenance costs.

The automotive sector holds significant economic importance in the United States, deeply integrated into both industrial and cultural aspects of the country. Original Equipment Manufacturers (OEMs) are adapting their production strategies to focus on high-margin and highly demanded models, notably trucks, which require robust lubricant additives to ensure optimal performance and longevity. This strategic shift towards more efficient lubrication solutions is expected to drive the demand for lubricant additives across the automotive industry in the U.S.

Both North America and Europe play pivotal roles in the global lubricant additives market, driven by the tightening of emission standards and regulations in these regions. These regulatory measures encourage the adoption of advanced lubricant formulations that are compatible with modern engines, leading to lower emissions and improved fuel economy. This regulatory landscape supports the demand for lubricant additives not only in automotive applications but also in other industries where lubricants play a crucial role in maintaining operational efficiency and environmental compliance.

Furthermore, the food industry in these regions also contributes to the demand for lubricant additives. Europe, as a leading exporter of food and beverages globally, relies on efficient production processes that utilize lubricants to maintain equipment performance and hygiene standards. This sector's reliance on lubricant additives underscores their importance in ensuring smooth operations and meeting stringent regulatory requirements for food safety and quality.

How will Ample Skilled Labor and High Demand for Residential Housing in China Fare for the Lubricant Additives Market in Asia Pacific?

The Asia Pacific region is expected to emerge as the fastest growing region in the lubricant additives market during the forecast period owing to the abundant skilled labor available at relatively low costs, ample availability of land and resources, and a shifting production landscape toward emerging economies such as China, India, Thailand, Vietnam, and Indonesia. These countries are poised to drive market growth for lubricant additives in the coming years. China, in particular, stands out due to its vast reserves of petrochemical resources and a highly skilled workforce. As one of the most densely populated regions globally, China experiences consistently high demand for residential housing, fueling the consumption of lubricants in building machinery and equipment like excavators and bulldozers. The country's robust manufacturing sector further supports lubricant additives sales, particularly in metal processing lubricants where China leads as the world's largest consumer with impressive annual growth rates.

Moreover, China's food processing industry is transitioning toward maturity, witnessing moderate growth as processed and packaged frozen foods gain popularity. Similarly, in the beverage sector, there is a rising trend toward healthier and natural options such as ready-to-drink smoothies, juices, and yogurts, driving the demand for lubricant additives used in food-grade applications. The growth in metalworking fluids consumption is another significant driver for lubricant additives in the Asia Pacific region. This growth is fueled by expansive construction activities, increasing orders in shipbuilding, and rising demand in aircraft manufacturing. These sectors rely heavily on efficient lubrication to maintain operational efficiency and meet stringent performance requirements, bolstering the market for lubricant additives across various industrial applications.

Competitive Landscape

The competitive landscape of the lubricant additives market is dynamic. Established players continue to hold a significant share, but niche players and those focusing on innovation and sustainability have the potential to disrupt the market. As the demand for high-performance lubricants and environmentally friendly solutions grows, companies that can adapt to these trends and offer differentiated products will be well-positioned for future success.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the lubricant additives market include:

Evonik Industries AG, Infineum International Limited, The Lubrizol Corporation, Afton Chemical Corporation, Italmatch Chemicals S.p.A (The Elco Corporation), BASF SE, LANXESS, Chevron Oronite Company, Croda International, Tianhe Chemicals Group.

Latest Developments

In May 2024, Lubrizol announced the launch of Lubrizol CV9660, a new low-SAPS heavy-duty lubricant technology that caters to better performance levels while also providing an easy solution for varied viscosity profiles.
In March 2024, Evonik announced the agreement of Tongyi Petrochemical struck an agreement to support green development in the lubricant business. The goal is to develop a low-carbon lubricant solution based on current lubricant industry trends.
In May 2022, BASF SE announced the launch of a new product and treble its Irganox manufacturing capacity. The company has improved its business portfolio for the lubricants additives industry at its Jurong Island, Singapore, plant.
In October 2022, BASF Petronas Chemicals Sdn. Bhd. announced a joint venture between Germany's BASF SE and Petronas Chemicals Group Bhd., announced the expansion of a 2-Ethylhexanoic Acid plant in Malaysia, doubling the joint venture's annual 2-EHAcid production capacity to 60,000 metric tons by the fourth quarter of 2024.