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