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Global demand for friction modifiers additives will reach about 174 thousand tonnes in 2016, up from 167 thousand tonnes in 2015. This will represent a market value of US$ 1,027 Mn, an increase of US$ 62 Mn from 2015. While wide-ranging applications, most prominently as lubricants in automotive sector, will continue to fuel demand, availability of affordable alternatives, such as dispersant additives, corrosion inhibitors and detergent additives will continue to pose challenges.
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Report Id :REP-GB-1656 Published On :June-2016 Category :Chemicals & Materials Friction Modifier Additives Market: Global Industry Analysis and Opportunity Assessment 2016 - 2026
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Research Methodology (1/2) Market Profiling Formulating discussion guide Developing list of respondents Data Collection Data Validation Data Analysis Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 2 • Identifying key opinion leaders • Questionnaire design • In depth interviews • Coverage across value chain 3 • Key Industry Experts • Channel Study • Developments • Market Dynamics • Products • Conclusions A 4 Primary Research SOLUTION • Market Participants • Key Strengths • Product Portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research 6 C Paid Publications# Primary Research # Secondary Research # Company Analysis 7 • Factiva • GBI • Genios • Meltwater • Linkedin • Zoominfo • Salesforce • Hoovers • Onesource • Company Websites • Company Annual Reports • White Papers • Financial Reports Insights # includes sources of databases
Friction Modifier Additives Market Global Demand for Friction Modifiers Additives to Reach 174 Thousand Tonnes in 2016, Representing Market Value Worth US$ 1.02 Bn: Study Global demand for friction modifiers additives will reach about 174 thousand tonnes in 2016, up from 167 thousand tonnes in 2015. This will represent a market value of US$ 1,027 Mn, an increase of US$ 62 Mn from 2015. While wide-ranging applications, most prominently as lubricants in automotive sector, will continue to fuel demand, availability of affordable alternatives, such as dispersant additives, corrosion inhibitors and detergent additives will continue to pose challenges. By product type, inorganic friction modifier additives will continue to outsell organic, reaching about 597 thousand tonnes in 2016. Among the inorganic friction modifier additives, MoDTC will continue to account for the highest demand, reaching 275 thousand tonnes in 2016. Among the three types of organic friction modifier additives-polymers, fatty acids, and esters & amides-polymers are witnessing high demand from the automotive sector in North America and Western Europe. This trend is expected to gain further momentum in 2016, propelling the growth of the overall market. Automotive lubricants will continue to be the largest application segment for friction modifier additives in 2016, witnessing a growth rate of about 6% over 2015, representing a market value worth US$272 Mn.
Friction Modifier Additives Market Request Free Report Sample@http://www.futuremarketinsights.com/reports/sample/rep-gb-1656 Asia Pacific excluding Japan (APEJ) will maintain its numerouno position in 2016, with total demand expected to reach around 48 thousand tonnes. Demand will be supported by the region’s expansive automotive sector, especially in the populous countries of China and India. These two countries will remain key to the growth of the global friction modifiers additives market in 2016 and beyond, as consumers in these countries put a lot of emphasis on the fuel efficiency of a vehicle while making buying decisions. In addition to the region’s behemoth automotive industry, strong demand from the plethora of end-use industries in the region will continue to support demand. North America will continue to remain the second largest market for friction modifiers additives, representing a 22.5% share of global revenues. Key players operating in the global friction modifiers additives market are Chemtura Corporation, Multisol, Archoil, International Lubricants, Inc., Afton Chemical Corporation, and Wynn’s.
Friction Modifier Additives Market Request For TOC@http://www.futuremarketinsights.com/toc/rep-gb-1656 Long-term Outlook: The long-term outlook on the friction modifiers additives market remains positive with global volume witnessing a CAGR of 5.1% through 2026, whereas global revenues expanding at 6.9% through 2026.
Table of Content 1.Global Friction Modifier Additives Market - Executive Summary 2.Assumptions & Acronyms Used 3.Research Methodology 4.Market Overview 4.1.Introduction 4.1.1.Friction Modifier Additives Market Definition 4.1.2.Friction Modifier Additives Market Taxonomy 4.2.Macroeconomic Indicators 4.3.Market Dynamics 4.3.1.Drivers 4.3.2.Restraints
Table of Content 4.4.Friction Modifier Additives Supply Demand Scenario Analysis 4.5.Friction Modifier Additives Market Forecast (2015-2026) 4.6.Regional Average Pricing Analysis 4.7.Global Friction Modifier AdditivesMarket Snapshot 4.7.1.Friction Modifier Additives Market Share By Type 4.7.2.Friction Modifier Additives Market Share By Application 4.7.3.Friction Modifier Additives Market Share By Region 4.8.Friction Modifier Additives Market Trends 5.Global Friction Modifier AdditivesMarket Analysis, By Type 5.1.Introduction 5.1.1.Y-o-Y Growth Comparison, By Type 5.1.2.Basis Points (BPS) Analysis, By Type
Table of Content 5.2.Market Forecast By Type 5.2.1.Organic Friction Modifier Additives 5.2.1.1.Polymers 5.2.1.1.1. Absolute $ Opportunity 5.2.1.1.2. Market Value & Volume Forecast, By Region 5.2.1.2.Fatty Acids 5.2.1.2.1. Absolute $ Opportunity 5.2.1.2.2. Market Value & Volume Forecast, By Region 5.2.1.3.Esters & Amides 5.2.1.3.1. Absolute $ Opportunity 5.2.1.3.2. Market Value & Volume Forecast, By Region 5.2.2.Inorganic Friction Modifier Additives 5.2.2.1.Molybdenum Dithiocarbamte 5.2.2.1.1. Absolute $ Opportunity 5.2.2.1.2. Market Value & Volume Forecast, By Region
Table of Content 5.2.2.2.Molybdenum Disulphide 5.2.2.2.1. Absolute $ Opportunity 5.2.2.2.2. Market Value & Volume Forecast, By Region 5.2.2.3.Graphite 5.2.2.3.1. Absolute $ Opportunity 5.2.2.3.2. Market Value & Volume Forecast, By Region 5.3.Market Attractiveness Analysis, By Type 5.4.Prominent Trends 6.Global Friction Modifier AdditivesMarket Analysis, Application 6.1.Introduction 6.1.1.Y-o-Y Growth Comparison, By Application 6.1.2.Basis Points (BPS) Analysis, By Application
Table of Content 6.2.Market Forecast By Application 6.2.1. Automobile Lubricants 6.2.1.1.Absolute $ Opportunity 6.2.1.2.Market Value & Volume Forecast, By Region 6.2.2. Industrial Lubricants 6.2.2.1.Absolute $ Opportunity 6.2.2.2.Market Value & Volume Forecast, By Region 6.2.3. Aviation Lubricants 6.2.3.1.Absolute $ Opportunity 6.2.3.2.Market Value & Volume Forecast, By Region 6.2.4. Energy/ Power Generation Lubricants 6.2.4.1.Absolute $ Opportunity 6.2.4.2.Market Value & Volume Forecast, By Region 6.2.5. Rail Lubricants 6.2.5.1.Absolute $ Opportunity 6.2.5.2.Market Value & Volume Forecast, By Region
Table of Content • 7.Global Friction Modifier Additives Market Analysis, By Region • 7.1.Introduction • 7.1.1.Y-o-Y Growth Projections, By Region • 7.1.2.Basis Points (BPS) Analysis, By Region • For more insights on the Friction Modifier Additives Market, you can request a report sample with full TOC at http://www.futuremarketinsights.com/reports/sample/rep-gb-1656
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