Global Engine Oil Additive Market 2023-2030

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    GLOBAL ENGINE OIL ADDITIVE MARKET

     

    INTRODUCTION

     

    Engine oil additive is combined using lubricating oil to boost engine performance and avoid the machine against malfunction. Engine oil additions are organic molecules that also are introduced to engine oil to give new qualities or to improve the base oil’s existing capabilities.

     

    Benchmarks regarding entering lubricants are established, and the lubricant’s condition is checked only based on thickness. Nevertheless, lubrication seem more than merely viscosity.

     

    Understanding the role of compounds and associated purpose(s) inside the lubricant is critical. The polarity of additives is used to evaluate substance.

     

    The inherent directed attraction of added molecules to other polar compounds in interaction with oil is referred to as additional polarization.

     

    Simply said, it is everything that dissociate in water. Lubricating oil additives are defined depending upon the kind accessible; every type contains various types, such as viscosities innovators, which stabilize the motor oil and allow it to stay in effect over a wide range of temperature.

     

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    Antioxidant assist to slow down that oxidative degradation and hence the production of residues, which preserves the engines cleaner and extend the lifespan of the lubricating oils, whilst surfactants aid to prevent the formation of rust on the car’s components.

     

    Lubricant oil additions boost performance of the engine at severe temperatures and lengthen engine oil life. Several additions enhance lubricating oil thickness for maximum performance at varied temperature applications, decreasing stress and strain.

     

    GLOBAL ENGINE OIL ADDITIVE MARKET DYNAMICS

     

    Whenever paired with other additions, additives are chosen for their ability to perform certain functions. They are intended to be used with a particular crude oils so for a specific purpose.

     

    As some of the most frequent types of functional additives include antioxidant, solvents, surfactants, anti-wear compounds, viscoelastic regulators, demulsifies, as well as extraordinary additions. The vehicle industry is the most common end-use usage for engine oil.

     

    Additionally, motor oil additions are employed in a wide range of commercial processes, including metalworking fluids, industrial engine oils, and so on.

     

    This engine oil additions business is increasing rapidly as a result of extensive research and development programs among big automakers to provide oil additions and better base oils.

     

    This research was essentially focused with measuring the rise of oil, which has the potential to greatly increase in price. By minimizing extra wear or harm to the exhaust after-treatment equipment, you may increase the mechanical properties of internal combustion by 10%.

     

    Moreover, the growing automobile industry and industrialization in emerging countries are fueling the growth of the Engine Oil Additives Industry. This industry in particular in the nation is maturing and growing at a modest rate.

     

    Processed and packaged frozen foods, particularly dairy, infant foods, including confectionary items, are propelling the food manufacturing business. Consuming healthful, organic, and easy ready-to-drink smoothies, juices, and yoghurts is becoming popular in the beverages industry.

     

    Processed fruits, pork, dairy, and specialized grains and vegetables are among the major goods fueling the nation’s food manufacturing industry growth.

     

    GLOBAL ENGINE OIL ADDITIVE MARKET SEGMENTATION

     

    The Global Engine Oil Additive Market can be segmented into following categories for further analysis.

     

    By Infrastructure Type

    • Automotive – LCV
    • Automotive – HCV
    • Automotive – MCV
    • Automotive – Hybrid Vehicle

     

    By Application

    • Residential / Personal Application
    • Commercial Application
    • Industrial Application
    • Military Application
    • High-Capacity User Application

     

    By Integration / Structure Type

    • Antioxidants
    • Detergents
    • Corrosion Inhibitors
    • Dispersants
    • Friction Modellers

     

    By Operation Type

    • Engine Oil
    • Transmission and Hydraulic Oriented Fluid
    • Greases
    • Gear Oil
    • Process Oil

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT TECHNOLOGICAL TRENDS IN GLOBAL ENGINE OIL ADDITIVE MARKET

     

    Motor oil compounds are compounds that are added to lubricants to increase their efficiency. Certain lube oil compounds improve current base oil qualities, reduce unwanted base oil properties, and give base lubricants novel properties.

     

    Some compounds enhance engine oil viscosity for peak effectiveness at varied temperature applications, decreasing stress and strain.

     

    Oil pressure compounds are found in a variety of products, including lubricating oils, mechanical fluids, gear oil, metallurgical liquids, engine components, greasing, compressors petroleum products, and many others.

     

    The LSPI, sometimes referred as stochastic pre-ignition (SPI), mega knock, super knock, and deto-knock, happens particularly typically at slower speeds throughout a moment of fast accelerating. An early igniting in the combustion chamber caused by the ignition system.

     

    This uncontrollable pressure gradient in the cylinders causes the LSPI event to produce a loud banging sensation. The solitary LSPI incident can cause considerable damage to the engine in rare instances.

     

    Until and unless LSPI is corrected, manufacturers may be limited in their ability to optimize overall performance and energy economy of current modern drivetrain components, providing a barrier to meeting today’s new high fuel-performance criteria.

     

    In addition, the PC-11 signifies a significant revolution in the Heavy-Duty Engine Oil Market. These new oils will outperform previous requirements in terms of oxidation, fuel efficiency, and longevity.

     

    GLOBAL ENGINE OIL ADDITIVE MARKET NEW ACQUISITION

     

    The New York-based Kinetic Laboratories and the K100 product line of gasoline and diesel fuel treatment additives have been bought by Husky Corporation, which makes innovative fuel dispensing devices and serves customers across the transportation sector.

     

    Husky Corp., based in Pacific, Missouri, with headquarters and manufacturing operations in the metro St. Louis area, supplies a complete line of dispensing nozzles, swivels, Safe-T-Breaks®, hoses, and related accessories for gasoline distribution systems.

     

    BJE Oil and Lube Products, Hewitt Aviation Fueling Products, and S.U.R. & R. Fluid Line Repair Solutions are among Husky’s operating divisions.

     

    Enevo Logistics Optimization systems and Roman Seliger Liquid Loading Arms are also available from the company. K100 is formulated with a specific formula that covers water management, fuel stability, and gum and varnish control.

     

    It is thought to be a flexible and effective fuel treatment. The K100 product range is a great complement to all of our current fuel dispensing, automotive, and transportation services.

     

    Water in fuel systems is a particular difficulty with ethanol-blended gasoline, and K100 solutions have a unique ability to target it. When K100 is introduced to fuel or storage tanks, it forms a burnable organic complex by irreversibly bonding and encapsulating water molecules.

     

    The encapsulated water is harmlessly burnt with the gasoline while the engine runs, creating a good cleansing steam.

     

    NEW PRODUCT LAUNCH

     

    A high purity graphene-based engine oil additive was recently introduced by E2 Holdings and 2DM. It is claimed that the product, NAMITEC, will increase fuel efficiency, restore power and performance, lessen noise and vibration, increase engine life, and do other things as well. 

     

    According to the company, graphene can provide a nano-bearing protecting coating for the moving parts of your engine, which lowers the coefficient of friction when used as a lubricating additive.

     

    SG All petrol and diesel engines, as well as equipment and tools, can use the graphene NAMITEC engine oil additive. A special formula and manufacturing procedure were used to create the NAMITEC engine oil additive in order to maximise the performance of high purity graphene.

     

    For best compatibility with various types of motor oil, NAMITEC is specially developed to be administered at a very low dosage (10ml addition to 4L of engine oil).

     

    Due to the features of its nanoparticle size and sheet structure, NAMITEC may easily enter the friction contacts of an engine.

     

    In order to prevent the two friction surfaces from coming into direct mechanical contact and hence lessen wear and friction, a low shear resistance protection layer (tribofilm) is produced on the sliding surfaces. The ultra-thermal conductivity properties of high purity graphene boost heat transfer performance concurrently.

     

    HELLA launched an XG Sciences graphene-enhanced engine oil additive. It successfully launched a new range of engine oil additives that included graphene nanoplatelets from XG Sciences to boost performance.

     

    The engine oil additive from HELLA, which is enhanced with graphene from XG Sciences, is specially formulated to reduce wear and friction in internal combustion engines.

     

    As a result, the engine’s lifespan is increased, vibration is reduced, power output is increased, engine wear is reduced by 50%, fuel efficiency is increased, and ride comfort is improved.

     

    The initial 25,000 units of the engine oil additive product were offered in Korea, where they were all gone in under 100 days. Based on this achievement, Hella expanded its distribution to China and Japan and may use graphene nanoplatelets in further lubrication-related products in the future.

     

    To minimise wear and manage pollutants, Lucas Oil released an additive for engine oil. Low viscosity stabiliser is a premium synthetic engine oil additive that Luca Oil claims offers a number of additional benefits to aid in the regulation of pollutants, the restoration of diminished engine power, and the prevention of dry starts.

     

    It is made to work with a variety of lower viscosity synthetic engine oils, including 5w20, 0w30, 0w20, and even 0w-16, making it appropriate for use in hybrid vehicles.

     

    Oil dispersion inside the engine is enhanced by low viscosity stabiliser. Because of the decreased sludge and varnish production inside the engine block, friction is decreased, performance is enhanced, and efficiency is increased.

     

    COMPETITIVE LANDSCAPE

     

    This serves to maintain lubrication consistency for such a longer working duration and then also increasing the productivity of completed lubricants by delivering improved fuel economy and endurance.

     

    Slimmer lubricants create less resistance as they pass through with an motor, leading to reduced energy waste and increased fuel efficiency.

     

    That’ll be the primary driver in the lube oil compounds industry for viscosities innovators. The lubricating oil additives sector is booming rapidly as a result of extensive research and development programs by major manufacturers to provide oil additions and better base lubricant.

     

    Afton Chemicals  is one of the global leaders in the manufacturing segment of the additives-based engine oil market. When creating crankcase and commercial lubricants, HiTEC 5751 olefin polymeric viscosities improver is advised.

     

    It can also be used in conjunction with the Afton ILSAC GF-5 / API SN DI packages to produce API-licensed lubricating oil. Because of its amorphous state, it has strong low temp qualities over a wide range of base stocks.

     

    HiTEC 5751 is commonly used in greasing applications to increase pretentiousness, high integrity, and output. Whenever creating automotive as well as commercial oils and greases, this product is highly recommended.

     

    3M applies sophisticated technologies to improvise upon the oil capabilities for engines in the market. 3M Engine Oil Additives is intended to minimize friction in important engine components in both internal combustion engines.

     

    Recommended for cars with a maximum mileage of 50,000 km. Chemical substances in oil additives remove impurities and lubricate moving components of an automobile.

     

    Operating equipment run more efficiently and with reduced excessive wear, possibly improving the longevity of gasoline engines.

     

    This also functions as an oil additive, boosting speed and performance while improving fuel efficiency. The supplement Aids in the reduction of toxic deposit build-up.

     

    COMPANIES PROFILED

    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in theIndustry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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