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
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
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
Energy conservation, GHG regulations, and modernization of vehicle fleets and heavy equipment drive the lubricants market towards higher performance oils which in turn leads to an increase in additive consumption, particularly for dispersants, antioxidants, and viscosity modifiers, according to the recently published Global Lubricant Additives: Market Analysis and Opportunities report by global market research and management consulting firm Kline.
Lubricant additives are used to enhance the performance of base oil. They are used to improve wear, thickening, oxidative stability, cleanliness, and dispersancy of the fully-formulated fluid, among others. Additive consumption depends on several factors, such as specification upgrades and drain intervals.Continue reading
Gabriel Tarle, Senior Analyst in Kline’s Energy Practice will present insights concerning the global lubricant additives market at the upcoming CIS Base Oils and Lubricants Conference in Moscow, Russia.
The conference will take place from May 24 to May 26. Furthermore, if the global lubricant additives market is of interest to you, feel free to review our Global Lubricant Additives: Market Analysis and Opportunities report. Continue reading
Global lubricant additive consumption exhibited moderate growth in 2015, estimated to have increased by 1.0% over 2014. This consumption is forecast to increase by 1.6% through 2019, with strong growth stemming from regions like Asia-Pacific, Africa, the Middle East, and South America, according to the recently published Global Lubricant Additives: Market Analysis and Opportunities report by global market research and management consulting firm Kline.
The growth rate for lubricant additives is higher than the growth rate for finished lubricants. Growth varies significantly across function class. For instance, the focus on long-lasting engine oils, engine cleanliness, and fuel economy drives an increase in the usage of dispersants, antioxidants, and friction modifiers. Greater use of multigrade engine oils drives the usage of viscosity index improvers. In contrast, due to issues of compatibility with emission control devices, the use of detergents and antiwear additives is dampened.Continue reading
Join Milind Phadke, Director in Kline’s Energy/Petroleum practice as he presents insights and observations from Kline’s recently published Global Lubricant Additives: Market Analysis and Opportunities report.
The webinar will take place on Tuesday, November 17, 2015 at 9:00 AM EST| 2:00 PM GMT.Continue reading
We would like to invite you to hear Kline’s Energy Practice expert Milind Phadke discuss current trends in the global market for lubricant additives in a Web conference, followed by a live question and answer session.