Market Leaders in Automotive Lubricant Additives
The global lubricant additives market is set for consistent expansion, with its valuation anticipated to grow from an estimated USD 14.7 billion in 2025 to USD 23.1 billion by 2035 , achieving a Compound Annual Growth Rate (CAGR) of 4.6% . This robust growth is primarily driven by the escalating demand for high-performance lubricants, evolving global emission standards, and a significant industry shift towards sustainable and synthetic base oils. Lubricant additives are crucial for enhancing the performance of various lubricants, including engine oils, transmission fluids, hydraulic fluids, and industrial lubricants. These additives improve viscosity index, reduce wear, control oxidation, inhibit corrosion, and minimize friction, leading to extended drain intervals, better fuel economy, and increased component reliability in both automotive and industrial systems. To Gain More Insights about this Research, Visit! https://www.futuremarketinsights.com/reports/lubricant-additiv...