Skip to main content

Lubricity Improver Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

 

Lubricity is the amount of reduction in friction and/or wear by a lubricant. Diesel fuel inherently contains compounds that provide lubricity. However, in countries such as the U.S. and those in the European Union, stringent environmental regulations have been implemented to lower sulfur content in diesel oils in order to reduce the emission of pollutants. This has compelled diesel manufacturers to reduce the level of sulfur in the range of 10 ppm to 500 ppm in order to produce ultra-low sulfur diesel (ULSD). Desulfurization is accomplished through hydro-treatment and hydrocracking processes, which help remove most of the natural lubricity-imparting polar compounds in the diesel. This lowers the original lubricity ability of diesel fuels, thereby leading to inadequate lubricity of ULSD. The addition of lubricity-improving additives to diesel fuel enhances the lubricity of USLD and prevents excessive engine wear.

The lubricity improver market is driven by the implementation of stringent environmental norms, increase in usage of complex fuels, and advancement in vehicle hardware. Over the last two decades, usage of crude sources have increased, while that of fuel sulfur has decreased significantly. Furthermore, there has been a rise in the use of biofuels and highly paraffinic diesel. Advancements in vehicle hardware and improvements in the materials used in critical areas have also taken place. As a result, the specifications governing the quality of diesel fuel have been tightened gradually in order to ensure the fuel used is good and offers suitable protection to the advanced hardware.

The lubricity improver market can be segmented based on product, end-user, and region. In terms of product, the market can be divided into acidic lubricity improver and non-acidic lubricity improver. Based on end-user industry, the market can be segregated into automotive, agriculture, and manufacturing. The automotive segment can be further classified into passenger vehicles, light commercial vehicles, and heavy commercial vehicles.

Request PDF brochure:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=31847

Based on region, the lubricity improver market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of volume, Europe is likely to dominate the global lubricity improver market during the forecast period owing to the high demand for ULSD in the region. In terms of consumption, Europe led the global lubricity improver market in 2016, followed by North America and Asia Pacific. The market in North America is projected to expand at a low pace due to the relatively mature markets in countries such as the U.S. and Canada. However, implementation of stringent norms regarding emission of pollutants in the U.S. is anticipated to drive the market in the region during the forecast period. Asia Pacific is anticipated to be an attractive region for the lubricity improver market due to the presence of rapidly emerging economies such as China and India. Furthermore, industrialization in India and China, increasing demand for automotive in countries such as Japan, South Korea, and India, and the change in the agricultural techniques from traditional methods to advanced methods in Malaysia, China, and India are estimated to augment the lubricity improver market in the region. The lubricity improver market in Middle East & Africa is likely to follow that in Asia Pacific in terms of growth rate during the forecast period.

Request enquiry before buying:

https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=31847

Key players operating in the global lubricity Improver market include Afton Chemical Corp., Dow Chemical, Total S.A., BASF SE, Cummins Filtration, Cerion Energy Inc., ADCO Global Inc., ACE Geosynthetics Enterprise Co., Ltd., Aicello Chemical Co. Ltd., The Lubrizol Corporation, Innospec Inc., Chevron Oronite Company, Abhitech Energycon Limited, Infineum International Ltd., Chemtura Corporation, Alexandria Company for Petroleum Additives (ACPA), Huntsman Corporation, and Fuel Additive Science Technologies Limited (FAST).

Request for custom research:

https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=31847

Labels:

Comments

Post a Comment

Popular posts from this blog

Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

  Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...
Post a Comment
Read more

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

  The  global wood coatings market  features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...
Post a Comment
Read more

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

  TMR projects the  global anthocyanin market  to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...
Post a Comment
Read more