Live Webinar – Global Trends in Lubricant Additives

Lubricant quality continues to improve, driven by regulations for fuel economy and emissions control. China has released their China VI emission standard for 2021, and India plans to skip Stage V and jump directly to Bharat Stage VI emission standard by 2020. These factors create new business and growth opportunities and challenges for the lubricant additive industry. Join our live webinar on Wednesday September 25Continue reading

lubricant additives market

Change is coming to the lubricant additives market!

The lubricant additives market has traditionally been slow to embrace major changes and shift to new chemistry, as traditional chemistries have served the industry well for many decades, and OEMs tend to be more comfortable with tried-and true-components such as ZDDP antiwear additive. However, with the ever-increasing push toward greater fuel economy, OEMs are being driven toward new technology and metallurgy for their drivetrains along with continuing to lower the engine oil viscosity requirements. These shifts, along with the push for longer lubricant life, may be pushing traditional chemistries to their performance limit, where adding more simply isn’t good enough or may be chemically limited to protect exhaust after treatment devices.Continue reading

Stable Overall Lubricant Demand Belies the Turmoil in Some Additive Categories

The dynamic lubricant additives market may appear stable with modest overall growth figures; however, these numbers mask the numerous changes impacting the additives industry. Regulations around emissions, fuel sulfur content, health and safety, and toxicity labeling are some of the main drivers of change in this industry.

The global drive toward lower emissions and better vehicle fuel economy in the commercial and consumer vehicle market is driving OEMs to squeeze every extra percent of fuel economy out of their drivetrains, shifting even the commercial truck industry toward lower viscosity grades while still requiring the lubricants to be more robust and provide longer fluid life. Continue reading

Lubricant Market

Global Lubricant Additives Market

According to Kline, estimated global finished lubricant consumption in 2010 was 34.6 million tones, with additive consumption accounting for 3.7 million tons valued at $10.3 billion. Within lubricant additives, dispersants, viscosity index-improving agents (VII) and detergents were the top three function classes accounting for 68% of total consumption. Other function classes analyzed include corrosion inhibitors, antiwear, emulsifiers, friction modifiers, antioxidants. Kline forecasts global lubricant additive consumption to grow at 3.2% per year to reach 4.3 billion tons by 2015, but warns that not all function classes will grow uniformly.Continue reading