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PUBLISHER: Grand View Research | PRODUCT CODE: 1530150
PUBLISHER: Grand View Research | PRODUCT CODE: 1530150
Friction Modifiers Market Size, Share & Trends Analysis Report By Type (Organic, Inorganic), By Application (Commercial Vehicles, Passenger Vehicles), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2024 - 2030
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PAGES: 70 Pages
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Friction Modifiers Market Size & Trends
The global friction modifiers market size was estimated at USD 987.65 million in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030. Friction modifiers, also known as boundary lubrication additives, are oil-soluble chemicals used in lubricants for transmission and internal combustion engine applications. Their primary function is to reduce wear and friction in machine components by preventing solid surfaces from coming into direct contact, thus minimizing friction and wear. These additives play a crucial role in the boundary lubrication regime, where they form a protective layer to reduce friction and prevent metal-to-metal contact, contributing to the overall efficiency and longevity of machinery.
The demand for product has been driven by the need to minimize energy losses due to friction, thereby enhancing fuel economy and reducing wear on critical components. As the automotive industry continues to prioritize higher fuel efficiency and reduced emissions, the importance of product in lubrication solutions has grown significantly. These additives are essential for achieving smoother operation, enhanced durability, and improved performance in a wide range of applications, from passenger vehicles to heavy-duty industrial machinery.
The demand for product is closely linked to the need for increased fuel efficiency and reduced emissions in the automotive industry. As manufacturers strive to develop more fuel-efficient vehicles in compliance with stringent environmental regulations, the use of product becomes crucial. These additives play a vital role in enhancing overall fuel economy, efficiency, and equipment lifespan, making them indispensable in the pursuit of sustainable development through reduced CO2 emissions.
Moreover, the market's growth is expected to be particularly pronounced in the Asia Pacific region, driven by the increasing demand for the automotive industry in this area. Overall, the product market is poised for substantial expansion, with a strong emphasis on meeting the evolving needs of the automotive and industrial sectors.
Global Friction Modifiers Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global friction modifiers market report based on type, application, and region:
- Type Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)
- Organic
- Inorganic
- Application Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)
- Commercial Vehicles
- Passenger Vehicles
- Others
- Regional Outlook (Volume, Kilotons, Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
- Europe
Germany
UK
France
Italy
Spain
- Asia Pacific
China
India
Japan
South Korea
- Central & South America
Brazil
Argentina
- Middle East and Africa
Saudi Arabia
South Africa
Product Code: GVR-4-68040-339-9
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Friction Modifiers Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Lubricant Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing/ Technology Trends
- 3.2.3. Sales Channel Analysis
- 3.2.4. Price Trend Analysis
- 3.2.4.1. Factors Influencing Prices
- 3.3. Regulatory Framework, By Regions
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Friction Modifiers Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Organic
- 4.2.1. Organic Friction Modifiers Market Estimates & Forecast, 2018 to 2030 (USD Million) (Kilotons)
- 4.3. Inorganic
- 4.3.1. Inorganic Friction Modifiers Estimates and Forecasts, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Friction Modifiers Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Commercial Vehicles
- 5.2.1. Friction Modifiers Market Estimates & Forecast, in Commercial Vehicles, 2018 to 2030 (USD Million) (Kilotons)
- 5.3. Passenger Vehicles
- 5.3.1. Friction Modifiers Market Estimates & Forecast, in Passenger Vehicles, 2018 to 2030 (USD Million) (Kilotons)
- 5.4. Others
- 5.4.1. Friction Modifiers Market Estimates & Forecast, in Others, 2018 to 2030 (USD Million) (Kilotons)
Chapter 6. Friction Modifiers Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. North America Friction Modifiers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.2.2. U.S.
- 6.2.2.1. Key country dynamics
- 6.2.2.2. U.S. Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.2.3. Canada
- 6.2.3.1. Key country dynamics
- 6.2.3.2. Canada Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.2.4. Mexico
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Mexico Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3. Europe
- 6.3.1. Europe Organic Fertilizer Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.2. Germany
- 6.3.2.1. Key country dynamics
- 6.3.2.2. Germany Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.3. UK
- 6.3.3.1. Key country dynamics
- 6.3.3.2. UK Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.4. France
- 6.3.4.1. Key country dynamics
- 6.3.4.2. France Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.5. Italy
- 6.3.5.1. Key country dynamics
- 6.3.5.2. Italy Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3.6. Spain
- 6.3.6.1. Key country dynamics
- 6.3.6.2. Spain Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Friction Modifiers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.2. China
- 6.4.2.1. Key country dynamics
- 6.4.2.2. China Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.3. India
- 6.4.3.1. Key country dynamics
- 6.4.3.2. India Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.4. Japan
- 6.4.4.1. Key country dynamics
- 6.4.4.2. Japan Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4.5. South Korea
- 6.4.5.1. Key country dynamics
- 6.4.5.2. South Korea Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5. Central & South America
- 6.5.1. Central & South America Friction Modifiers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.2. Brazil
- 6.5.2.1. Key country dynamics
- 6.5.2.2. Brazil Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.5.3. Argentina
- 6.5.3.1. Key country dynamics
- 6.5.3.2. Argentina Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Friction Modifiers Market Estimates & Forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key country dynamics
- 6.6.2.2. Saudi Arabia Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.6.3. South Africa
- 6.6.3.1. Key country dynamics
- 6.6.3.2. South Africa Friction Modifiers Market estimates & forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Friction Modifiers Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Key Company Categorization
- 7.3. Company Market Share/Position Analysis, 2023
- 7.4. Company Heat Map Analysis
- 7.5. Vendor Landscape
- 7.5.1. List of Distributors
- 7.6. Strategy Mapping
- 7.7. Company Profiles
- 7.7.1. INX International Ink Co.
- 7.7.1.1. Participant's overview
- 7.7.1.2. Financial performance
- 7.7.1.3. Product benchmarking
- 7.7.1.4. Recent developments
- 7.7.2. Kornit DigitalMarabu GmbH & Co. KG
- 7.7.2.1. Participant's overview
- 7.7.2.2. Financial performance
- 7.7.2.3. Product benchmarking
- 7.7.2.4. Recent developments
- 7.7.3. Nazdar
- 7.7.3.1. Participant's overview
- 7.7.3.2. Financial performance
- 7.7.3.3. Product benchmarking
- 7.7.3.4. Recent developments
- 7.7.4. Nutec digital Ink
- 7.7.4.1. Participant's overview
- 7.7.4.2. Financial performance
- 7.7.4.3. Product benchmarking
- 7.7.4.4. Recent developments
- 7.7.5. Sensient Imaging Technologies
- 7.7.5.1. Participant's overview
- 7.7.5.2. Financial performance
- 7.7.5.3. Product benchmarking
- 7.7.5.4. Recent developments
- 7.7.6. Siegwerk Druckfarben AG & Co. KgaA
- 7.7.6.1. Participant's overview
- 7.7.6.2. Financial performance
- 7.7.6.3. Product benchmarking
- 7.7.6.4. Recent developments
- 7.7.7. Sun Chemical
- 7.7.7.1. Participant's overview
- 7.7.7.2. Financial performance
- 7.7.7.3. Product benchmarking
- 7.7.7.4. Recent developments
- 7.7.8. Toyo Ink Co., Ltd.
- 7.7.8.1. Participant's overview
- 7.7.8.2. Financial performance
- 7.7.8.3. Product benchmarking
- 7.7.8.4. Recent developments
- 7.7.9. Wikoff Color Corporation
- 7.7.9.1. Participant's overview
- 7.7.9.2. Financial performance
- 7.7.9.3. Product benchmarking
- 7.7.9.4. Recent developments
- 7.7.10. Whitmore Manufacturing, LLC
- 7.7.10.1. Participant's overview
- 7.7.10.2. Financial performance
- 7.7.10.3. Product benchmarking
- 7.7.10.4. Recent developments
- 7.7.11. Amcor plc
- 7.7.11.1. Participant's overview
- 7.7.11.2. Financial performance
- 7.7.11.3. Product benchmarking
- 7.7.11.4. Recent developments
- 7.7.12. HARVES Co., Ltd.
- 7.7.12.1. Participant's overview
- 7.7.12.2. Financial performance
- 7.7.12.3. Product benchmarking
- 7.7.12.4. Recent developments
- 7.7.13. Wihuri Group
- 7.7.13.1. Participant's overview
- 7.7.13.2. Financial performance
- 7.7.13.3. Product benchmarking
- 7.7.13.4. Recent developments
- 7.7.14. Sigma Plastics Group
- 7.7.14.1. Participant's overview
- 7.7.14.2. Financial performance
- 7.7.14.3. Product benchmarking
- 7.7.14.4. Recent developments
- 7.7.15. Cosmo Films Ltd.
- 7.7.15.1. Participant's overview
- 7.7.15.2. Financial performance
- 7.7.15.3. Product benchmarking
- 7.7.15.4. Recent developments
- 7.7.16. GMM Development Limited.
- 7.7.16.1. Participant's overview
- 7.7.16.2. Financial performance
- 7.7.16.3. Product benchmarking
- 7.7.16.4. Recent developments
- 7.7.17. Curtiss-Wright Corporation.
- 7.7.17.1. Participant's overview
- 7.7.17.2. Financial performance
- 7.7.17.3. Product benchmarking
- 7.7.17.4. Recent developments
- 7.7.1. INX International Ink Co.
Product Code: GVR-4-68040-339-9
List of Tables
- Table 1 List of Potential End-Users
- Table 2 Regulatory Framework, by regions
- Table 3 List of Raw Material Suppliers
- Table 4 U.S. Macroeconomic Outlay
- Table 5 Canada Macroeconomic Outlay
- Table 6 Mexico Macroeconomic Outlay
- Table 7 Germany Macroeconomic Outlay
- Table 8 UK Macroeconomic Outlay
- Table 9 France Macroeconomic Outlay
- Table 10 Italy Macroeconomic Outlay
- Table 11 Spain Macroeconomic Outlay
- Table 12 China Macroeconomic Outlay
- Table 13 India Macroeconomic Outlay
- Table 14 Japan Macroeconomic Outlay
- Table 15 South Korea Macroeconomic Outlay
- Table 16 Brazil Macroeconomic Outlay
- Table 17 Argentina Macroeconomic Outlay
- Table 18 Saudi Arabia Macroeconomic Outlay
- Table 19 South Africa Macroeconomic Outlay
- Table 20 Participant's Overview
- Table 21 Financial Performance
- Table 22 Product Benchmarking
- Table 23 Company Heat Map Analysis
- Table 24 Key Strategy Mapping
List of Figures
- Fig. 1 Global Friction Modifiers Market Snapshot
- Fig. 2 Global Friction Modifiers Market Snapshot: Grade and Application
- Fig. 3 Global Friction Modifiers Market Competitive Landscape Snapshot
- Fig. 4 Global Hydrocarbon Market Value, 2023 (USD Billion)
- Fig. 5 Friction Modifiers Market: Industry Value Chain Analysis
- Fig. 6 Friction Modifiers Market: Price Trend Analysis, 2018 - 2030 (USD/Kg)
- Fig. 7 Friction Modifiers Market Dynamics
- Fig. 8 Friction Modifiers Market: PORTERs Analysis
- Fig. 9 Friction Modifiers Market: PESTLE Analysis
- Fig. 10 Friction Modifiers Market Estimates & Forecasts, by Type: Key Takeaways
- Fig. 11 Friction Modifiers Market Share, By Type, 2023 & 2030
- Fig. 12 Organic Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 13 Inorganic Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 14 Friction Modifiers Market Estimates & Forecasts, by Application: Key Takeaways
- Fig. 15 Friction Modifiers Market Share, By Application, 2023 & 2030
- Fig. 16 Friction Modifiers Market Estimates & Forecasts, in Passenger Vehicles, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 17 Friction Modifiers Market Estimates & Forecasts, in Commercial Vehicles, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 18 Friction Modifiers Market Estimates & Forecasts, in Others, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 19 Friction Modifiers Market Revenue, by Region, 2023 & 2030 (USD Million)
- Fig. 20 North America Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 21 U.S. Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 22 Canada Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 23 Mexico Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 24 Europe Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 25 Germany Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 26 UK Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 27 France Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 28 Italy Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 29 Spain Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 30 Asia Pacific Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 31 China Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 32 India Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 33 Japan Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 34 South Korea Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 35 Central & South America Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 36 Brazil Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 37 Argentina Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 38 Middle East & Africa Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 39 Saudi Arabia Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 40 South Africa Friction Modifiers Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 41 Key Company Categorization
- Fig. 42 Company Market Positioning Analysis, 2023
- Fig. 43 Strategy Mapping
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