INDIA FUEL AND LUBRICANT ADDITIVES MARKET

INTRODUCTION

 To enhance the performance of fuels, engine oils, gearbox fluids and coolants, additives are compounds added to the mixtures. The majority of the fluids in your car already have additives added by the manufacturer since additives play a significant role in contemporary automotive fluids. 

Organic or inorganic chemicals that are dissolved in oil or suspended as solids are referred to as lubricant additives. Depending on the equipment, they typically comprise 0.1 to 30% of the oil volume.

INDIA FUEL AND LUBRICANT ADDITIVES MARKET SIZE AND FORECAST

 The India fuel and lubricant additives market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

To help increase fuel economy, Royal Purple introduced an aftermarket additive. According to parent company Calumet Branded Products, the Max-RestoreTM solution is a highly concentrated, high-performance fuel treatment that has been carefully developed to address performance issues often seen in vehicles with higher mileage.

These problems include worsened engine wear, higher emissions, less fuel efficiency, and decreased performance. Poor combustion, usually brought on by excessive levels of carbon deposits and wear, is the main factor contributing to lower fuel economy in many older automobiles.

The vehicle may struggle to pass emissions testing because of the carbon deposits and attrition, which might also result in greater emissions.

EcoAssurant, a range of finished fluids, additive packages, and parts for environmentally friendly lubricants, has been introduced by Lubrizol.

The phrase "environmentally acceptable lubricant" is frequently used in the lubricant business to refer to lubricants that have been shown to comply with legal requirements for biodegradability, non-bioaccumulative potential, and minimum toxicity to aquatic life in comparison to traditional lubricants.

In order to make it easier for lubricant marketers to provide EAL solutions to the market, the EcoAssurant portfolio removes the difficulties and expenses of formulating and blending for finished fluid clients.

In the global market for hydraulics, industrial gear oil, metalworking, and grease applications, EcoAssurant represents a single-source solution for manufacturers to increase their client base and market share.

COMPANY PROFILE

• Soham Chemicals
• Amit Industries
• Pennar Enviro Ltd
• Nu Teck Innovators
• Lubrizol

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many fuel and lubricant additives are manufactured per annum in India? Who are the sub-component suppliers in this region?
2. Cost breakup of a India fuel and lubricant additives and key vendor selection criteria
3. Where are the fuel and lubricant additives manufactured? What is the average margin per unit?
4. Market share of India fuel and lubricant additives market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture India fuel and lubricant additives in-house
6. key predictions for next 5 years in India fuel and lubricant additives market
7. Average B-2-B fuel and lubricant additives market price in all segments
8. Latest trends in fuel and lubricant additives market, by every market segment
9. The market size (both volume and value) of the fuel and lubricant additives market in 2023-2030 and every year in between?
10. Production breakup of fuel and lubricant additives market, by suppliers and their OEM relationship