The global Friction Modifiers market is anticipated to reach USD 1.02 Billion, growing at an impressive CAGR during the forecast period, due to the rising need for fuel-efficient lubricants in the automobile industry. Based on the type, the Global Friction Modifiers market has been segmented into Organic and Inorganic. An organic segment of the friction modifier market is expected to grow at the highest CAGR in the forecast period due to its versatility and environment-friendly properties. Based on the application, the Global Friction Modifiers market is categorized into Transportation Lubricants and Industrial Lubricants. The transportation lubricant segment is expected to occupy the lion’s share in the forecast period due to the rising usage of friction modifiers in passenger vehicles and public transports because of elevating environmental concerns. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Asia-Pacific region is anticipated to grow at the highest CAGR during the forecast period due to the rising demand for friction modifiers in the automotive industry.
Some of the leading players in the Global Friction Modifiers Market
- Lubrizol
- Afton
- Infineum
- Chevron Oronite
- Croda
- Chemtura
- BASF
- Kings Industries
- BRB International
- Vanderbilt Chemicals.
The objective of the Study:
- To analyze and forecast the market size of Global Friction Modifiers Market, in terms of value and volume.
- To classify and forecast the Global Friction Modifiers Market based on type, application, and regional distribution.
- To identify drivers and challenges for the Global Friction Modifiers Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Friction Modifiers Market.
- To conduct the pricing analysis for the Global Friction Modifiers Market.
- To identify and analyze the profile of leading players involved in the manufacturing of Global Friction Modifiers.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration solution providers across the globe.
TechSci Research calculated the market size of the Global Friction Modifiers Market using a bottom-up approach, where data for various applications across various technologies were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
- Friction Modifiers Manufacturers
- Suppliers and Distributors
- End Users
- Market Research Firms
- Government Institutions
- Industry associations and experts
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers and partners, end users, etc., besides allowing them to strategize investments and capitalize on market opportunities.
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | Type Application | |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; New Zealand, Germany, France, United Kingdom, Spain, Italy, Russia, Poland, Netherlands, South Africa, Saudi Arabia, Brazil, Argentina, Colombia, Chile | |
| Key companies profiled | Lubrizol, Afton, Infineum, Chevron Oronite, Croda, Chemtura, BASF, Kings Industries, BRB International, and Vanderbilt Chemicals. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Global Friction Modifiers Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Type:
- Fatty acids
- Esters & Amides
- Functional polymers
- Molybdenum Compounds
- Nanoparticles
- Organic
- Inorganic
- Market, By Application:
- Commercial Vehicle
- Passenger Vehicle
- Aviation
- Marine
- Transportation Lubricants
- Industrial Lubricants
- Market, By Region:
- China
- India
- Japan
- Australia
- New Zealand
- South Korea
- France
- Germany
- United Kingdom
- Italy
- Spain
- Russia
- Poland
- Netherlands
- United States
- Mexico
- Canada
- Brazil
- Argentina
- Colombia
- Chile
- South Africa
- Saudi Arabia
- Asia Pacific
- Europe
- North America
- South America
- Middle East and Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global Friction Modifiers Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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Table of Content-Global Friction Modifiers Market
- Product Overview
- Research Methodology
- Impact of COVID-19 on Global Friction Modifiers Market
- Executive Summary
- Voice of Customer
5.1. Product Quality
5.2. Product Pricing
5.3. Factors Influencing Purchase Decision
- Global Friction Modifiers Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Organic (Fatty acids, Esters & Amides and Functional polymers) and Inorganic (Molybdenum Compounds and Nanoparticles))
6.2.2. By Application (Transportation Lubricants (Commercial Vehicle, Passenger Vehicle, Aviation, Marine) and Industrial Lubricants)
6.2.3. By Region
6.2.4. By Company
6.3. Market Attractiveness Index
- Asia-Pacific Friction Modifiers Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
7.2.3. By Country
7.3. Market Attractiveness Index
7.4. Asia-Pacific: Country Analysis
7.4.1. China Friction Modifiers Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Type
7.4.1.2.2. By Application
7.4.1.3. Pricing Analysis
7.4.1.4. Market Attractiveness Index
7.4.2. India Friction Modifiers Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Type
7.4.2.2.2. By Application
7.4.2.3. Pricing Analysis
7.4.2.4. Market Attractiveness Index
7.4.3. Japan Friction Modifiers Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Type
7.4.3.2.2. By Application
7.4.3.3. Pricing Analysis
7.4.3.4. Market Attractiveness Index
7.4.4. South Korea Friction Modifiers Market Outlook
7.4.4.1. Market Size & Forecast
7.4.4.1.1. By Value & Volume
7.4.4.2. Market Share & Forecast
7.4.4.2.1. By Type
7.4.4.2.2. By Application
7.4.4.3. Pricing Analysis
7.4.4.4. Market Attractiveness Index
7.4.5. Australia Friction Modifiers Market Outlook
7.4.5.1. Market Size & Forecast
7.4.5.1.1. By Value & Volume
7.4.5.2. Market Share & Forecast
7.4.5.2.1. By Type
7.4.5.2.2. By Application
7.4.5.3. Pricing Analysis
7.4.5.4. Market Attractiveness Index
7.4.6. New Zealand Friction Modifiers Market Outlook
7.4.6.1. Market Size & Forecast
7.4.6.1.1. By Value & Volume
7.4.6.2. Market Share & Forecast
7.4.6.2.1. By Type
7.4.6.2.2. By Application
7.4.6.3. Pricing Analysis
7.4.6.4. Market Attractiveness Index
- Europe Friction Modifiers Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By Country
8.3. Market Attractiveness Index
8.4. Europe: Country Analysis
8.4.1. France Friction Modifiers Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Type
8.4.1.2.2. By Application
8.4.1.3. Pricing Analysis
8.4.1.4. Market Attractiveness Index
8.4.2. Germany Friction Modifiers Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Type
8.4.2.2.2. By Application
8.4.2.3. Pricing Analysis
8.4.2.4. Market Attractiveness Index
8.4.3. United Kingdom Friction Modifiers Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Type
8.4.3.2.2. By Application
8.4.3.3. Pricing Analysis
8.4.3.4. Market Attractiveness Index
8.4.4. Italy Friction Modifiers Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Type
8.4.4.2.2. By Application
8.4.4.3. Pricing Analysis
8.4.4.4. Market Attractiveness Index
8.4.5. Spain Friction Modifiers Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Type
8.4.5.2.2. By Application
8.4.5.3. Pricing Analysis
8.4.5.4. Market Attractiveness Index
8.4.6. Russia Friction Modifiers Market Outlook
8.4.6.1. Market Size & Forecast
8.4.6.1.1. By Value & Volume
8.4.6.2. Market Share & Forecast
8.4.6.2.1. By Type
8.4.6.2.2. By Application
8.4.6.3. Pricing Analysis
8.4.6.4. Market Attractiveness Index
8.4.7. Poland Friction Modifiers Market Outlook
8.4.7.1. Market Size & Forecast
8.4.7.1.1. By Value & Volume
8.4.7.2. Market Share & Forecast
8.4.7.2.1. By Type
8.4.7.2.2. By Application
8.4.7.3. Pricing Analysis
8.4.7.4. Market Attractiveness Index
8.4.8. Netherlands Friction Modifiers Market Outlook
8.4.8.1. Market Size & Forecast
8.4.8.1.1. By Value & Volume
8.4.8.2. Market Share & Forecast
8.4.8.2.1. By Type
8.4.8.2.2. By Application
8.4.8.3. Pricing Analysis
8.4.8.4. Market Attractiveness Index
- North America Friction Modifiers Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
9.2.3. By Country
9.3. Market Attractiveness Index
9.4. North America: Country Analysis
9.4.1. United States Friction Modifiers Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Type
9.4.1.2.2. By Application
9.4.1.3. Pricing Analysis
9.4.1.4. Market Attractiveness Index
9.4.2. Mexico Friction Modifiers Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Type
9.4.2.2.2. By Application
9.4.2.3. Pricing Analysis
9.4.2.4. Market Attractiveness Index
9.4.3. Canada Friction Modifiers Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value & Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Type
9.4.3.2.2. By Application
9.4.3.3. Pricing Analysis
9.4.3.4. Market Attractiveness Index
- South America Friction Modifiers Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
10.2.3. By Country
10.3. Market Attractiveness Index
10.4. South America: Country Analysis
10.4.1. Brazil Friction Modifiers Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value & Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Type
10.4.1.2.2. By Application
10.4.1.3. Pricing Analysis
10.4.1.4. Market Attractiveness Index
10.4.2. Argentina Friction Modifiers Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value & Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Type
10.4.2.2.2. By Application
10.4.2.3. Pricing Analysis
10.4.2.4. Market Attractiveness Index
10.4.3. Colombia Friction Modifiers Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value & Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Type
10.4.3.2.2. By Application
10.4.3.3. Pricing Analysis
10.4.3.4. Market Attractiveness Index
10.4.4. Chile Friction Modifiers Market Outlook
10.4.4.1. Market Size & Forecast
10.4.4.1.1. By Value & Volume
10.4.4.2. Market Share & Forecast
10.4.4.2.1. By Type
10.4.4.2.2. By Application
10.4.4.3. Pricing Analysis
10.4.4.4. Market Attractiveness Index
- Middle East and Africa Friction Modifiers Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By Application
11.2.3. By Country
11.3. Market Attractiveness Index
11.4. MEA: Country Analysis
11.4.1. South Africa Friction Modifiers Market Outlook
11.4.1.1. Market Size & Forecast
11.4.1.1.1. By Value & Volume
11.4.1.2. Market Share & Forecast
11.4.1.2.1. By Type
11.4.1.2.2. By Application
11.4.1.3. Pricing Analysis
11.4.1.4. Market Attractiveness Index
11.4.2. Saudi Arabia Friction Modifiers Market Outlook
11.4.2.1. Market Size & Forecast
11.4.2.1.1. By Value & Volume
11.4.2.2. Market Share & Forecast
11.4.2.2.1. By Type
11.4.2.2.2. By Application
11.4.2.3. Pricing Analysis
11.4.2.4. Market Attractiveness Index
- Market Dynamics
12.1. Drivers
12.2. Challenges
- Market Trends & Developments
- Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Top 10 Companies)
14.2.1. Lubrizol
14.2.2. Afton
14.2.3. Infineum
14.2.4. Chevron Oronite
14.2.5. Croda
14.2.6. Chemtura
14.2.7. BASF
14.2.8. Kings Industries
14.2.9. BRB Internationa
14.2.10. Vanderbilt Chemicals
- Strategic Recommendation