World - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights

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Lubricant additives market

Lubricant additives market: get access to recently published information enhanced by an Ai-driven business intelligence platform. Datasets include market prices, exports, production, imports, market size, companies, consumption, and trade. There is a breakdown by country, including the U.K., the Middle East, Latin America, China, EU, Russia, Africa, and the U.S. Market dynamics and outlook to 2030 are also featured in the snapshots.

Lubricant Additives - World's Largest Markets

RatingCountry
1China
2United States
3India
4Japan
5France

In value terms, China, the United States and India constituted the countries with the highest levels of market value in 2020, together comprising 39% of the global market. These countries were followed by Japan, France, Italy, Germany, Belgium, Mexico, South Korea, Russia, Brazil and the UK, which together accounted for a further 37%.

Among the main consuming countries, Mexico saw the highest growth rate of market size, over the period under review, while lubricant additives market for the other global leaders experienced more modest paces of growth.

Lubricant Additives Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China360125292353-19.2%
Singapore311932033067-0.8%
United States373636943201-7.4%
France359532103206-5.6%
Italy339533303370-0.4%
Germany3440325535191.1%
Belgium405136973561-6.2%
Average346533363193-4.0%

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($3,561 per ton), while China ($2,353 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
South Korea4001407640851.0%
France3463315536302.4%
Japan373637563573-2.2%
Netherlands365834323360-4.2%
China337334033311-0.9%
Germany361838763271-4.9%
United States326633993146-1.9%
Russia362131983105-7.4%
Singapore309331663064-0.5%
Belgium378935663052-10.3%
United Arab Emirates298129412738-4.2%
Italy282831492679-2.7%
Mexico444938042280-28.4%
Average343334093236-2.9%

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($4,085 per ton), while Mexico ($2,280 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced mixed trends in the import price figures.

Lubricant Additives - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.21.21.1-1.4%
Germany0.90.50.8-3.7%
Belgium0.40.40.833.4%
France0.60.60.79.8%
Singapore0.80.70.6-12.5%

In value terms, the largest lubricant additives importing markets worldwide were China ($1.1B), Germany ($795M) and Belgium ($772M), together accounting for 23% of global imports.

Belgium recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Lubricant Additives - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States33.12.6-6.6%
France2.32.21.9-9.8%
Singapore1.91.81.7-7.4%
Italy111-3.5%
Belgium0.20.20.9126.5%

In value terms, the United States ($2.6B), France ($1.9B) and Singapore ($1.7B) appeared to be the countries with the highest levels of exports in 2020, with a combined 57% share of global exports. These countries were followed by Italy, Belgium, Germany and China, which together accounted for a further 27%.

Belgium (+126.5% per year) recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Lubricant Additives - Market Forecast

Driven by rising demand for lubricant additives worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Lubricant Additives - Top Companies

Guizhou Ruidashiyouzhichengji Co., Ltd., CHEMICAL HOLDINGS KWINANA PTY. LTD., Tianjin Fuchen Chemical Reagent Plant, China National Chemical Corporation, Valtech (Shanghai) Ltd., Covestro AG, TUNAP AG, Clariant Chemical Consulting AG, Evonik Nutrition & Care GmbH, The Lubrizol Corporation, Ashland LLC, Yeochun NCC Co., Ltd., Kumho Petrochemical Co., Ltd., Mansfield Energy Corp., Hongye Chemical Group Co., Ltd., CHANG CHUN PLASTICS CO., LTD., OCI Company Ltd., Yangmei Chemical Co., Ltd., Sigma-Aldrich Corporation, Kemira Oyj

Lubricant Additives - Product Coverage

  • HS 3811 - Anti-knock preparations, oxidation and gum inhibitors, viscosity improvers, anti-corrosive preparations and the like, for mineral oils (including gasoline) or other liquids used for the same purposes

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global lubricant additives market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20594250 - Anti-knock preparations
  • Prodcom 20594270 - Additives for lubricating oils
  • Prodcom 20594290 - Additives for mineral oils or for other liquids used for the same purpose as mineral oils (including gasoline) (excluding anti-knock preparations, additives for lubricating oils)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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The World's Best Import Markets for Lubricant Additives
Dec 26, 2023
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In value terms, preparations and charges for fire extinguishers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ...

Which Country Imports the Most Prepared Additives for Mineral Oils in the World?
May 28, 2018
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Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...

Which Country Exports the Most Prepared Additives for Mineral Oils in the World?
May 28, 2018
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Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...

Lubricant Additives Market - the U.S. Ranked First Globally in Exports of Prepared Additives for Mineral Oils, with $3.2B in 2014
Jul 27, 2015
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The U.S. continued its dominance in the global trade of prepared additives for mineral oils. In 2014, the U.S. exported X thousand tons of prepared additives for mineral oils totaling X million USD, X% under the previous year. Its primary tradi

The Largest Import Markets for Lubricating Oil Additive
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Explore the top import markets for lubricating oil additives, including China, Belgium, Germany, and more. Get key statistics and market insights from the IndexBox platform.

Free Data: Prepared Additives For Mineral Oils - World