Key Highlights of Global ZDDP Additives Market
·
The
global ZDDP Additives market was valued
at US$ 2,760.1 Mn in 2018 and is anticipated
to expand at a CAGR of 1.6% during the forecast period
·
Zinc
Dialkyl Dithiophosphate (ZDDP) is a lubricating oil additive having
exceptionally high hydraulic and thermal stability. This additive is generally
used along with other additives such as dispersants, detergents and acid
neutralizers in automotive engine oil and industrial lubricants.
·
ZDDP
additive provides oxidation, copper-lead bearing corrosion and wear control in
diesel and gasoline engines. It is particularly viable under the extreme
pressure, severe temperature and load conditions experienced in highly
supercharged diesel engines.
Key Drivers of Global ZDDP Additives Market
·
Invented
in 1940s, ZDDP has been the most sought after antiwear additive in
use for more than 70 years. During engine operation, ZDDP breaks down and forms
a thin solid film that adheres to the metal surfaces preventing intermediate
contact. This helps to eliminate the long term wear thus prolonging the engine
life.
·
However,
in last decades ZDDP has come under scrutiny related to the phosphorous content
which has negative impact on the vehicle exhaust system. ZDDP although possess
excellent antiwear characteristics, it tends to generate byproducts,
particularly phosphorous that blocks the pollutant reducing catalytic
converter, reducing the efficiency and life span of the device.
·
EPA has
passed the permissible level of phosphorous content in vehicular exhaust thus
reducing or eliminating the use of ZDDP additives in near future. Researchers
are directing their strenuous efforts to find compound to replace ZDDP
altogether and number of patents have been filed in recent past.
·
Additionally,
with the increasing need to curb down the vehicle weight in order to reduce the
vehicular emission and the use of effective pollutant reducing devices is
expected to limit the growth of ZDDP additives during the forecast period.
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Increase in R&D Investment to Develop New and
Innovative Products and Enhance Footprint of ZDDP Additives
·
ZDDP
manufacturers primarily focus on technological advancements and customized
solutions in order to introduce better lubricants that improve the efficiency
of motor vehicles and machineries.
·
ZDDP
additive manufacturers are developing products for specific applications
including lubricants and greases for usage in industrial, professional, and
consumer applications
·
Companies
have been investing significantly to develop products, considering the
functional and mechanical properties as well as environmental issues. Companies
are increasingly utilizing ZDDP for transportation and industrial applications
due to the rise in environmental concerns. These oils offer significant
environmental benefits with respect to biodegradability and resource
renewability.
·
ZDDP
lubricant manufacturers have been focusing on technological advancements in
mineral oil-based lubricants. Manufacturers are collaborating with key OEMs to
develop lubricants and additives for high-tech engines and motors. Engineers
and scientists have been striving to develop engine oils, greases, and other
lubricants that are compatible with a range of vehicles and offer clear
improvements in the working of engines.
·
Currently,
the usage of ZDDP lubricants is limited to some applications. However, it is
likely to increase, as companies innovate additive products and systems for new
applications. Adoption of different additive substitute lubricant products are
estimated to not only lower the production cost, but also help the industry
compete favorably with new and innovation product types.
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Environmental Impact to Hamper Global ZDDP
Additives Market
·
The
presence of the phosphorus in ZDDP added to the motor oil is poisonous and used
as a catalysts in the exhaust converters
·
The
reason for limiting ZDDP from engine oil is due to the hazard it poses to human
health. The regulatory agencies estimate that the miniscule amount phosphorous
might snitch piston rings to invade the combustion chamber.
·
Environmental
agencies also mandate that catalytic converters be designed for 100,000 miles.
Thus, phosphorous must be limited for motor oil specifications.
·
The
authorities have also issued a requirement for all automotive manufacturers to
meet the emission specifications for new manufactured cars, and it also
mandated to have a certain level of emissions over the expected life of the
vehicles
·
Exposure
of workers to ZDDP can cause eye or skin problems; releasing it to the
environment is also harmful for aquatic organisms, as it has long-lasting
effects.
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Fragmented Nature of Global ZDDP
Additives Market
·
Key
players profiled in the ZDDP Additives market include Chevron Oronite
Company LLC, Afton Chemical Corporation, The Lubrizol Corporation, Infineum
International Limited, AMSOIL, Rislone CamGuard, ZPlus, LLC, Mukund Anderson
Inc., Prasol Chemicals Pvt. Ltd. Market players have been profiled in
terms of attributes such as company overview, financial overview, business
strategies, and recent developments.
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