Report Update: Apr 1, 2024

World - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights

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Lubricating Oil Additive Market

Lubricating oil additive market: find the most recent statistics enhanced by an Ai-driven business intelligence platform. Info cover trade, exports, production, consumption, imports, market size, market prices, and companies. There is a breakdown by country, including EU, Russia, the U.S., Africa, the U.K., China, the Middle East, and Latin America. Market trends and outlook to 2030 are also provided in the snapshots.

Get FREE access to the latest data and statistics on the Lubricating Oil Additive Market.

Lubricating Oil Additive - World's Largest Markets

Rating	Country
1	China
2	United States
3	Japan
4	India
5	France

In value terms, the largest lubricating oil additive markets worldwide were China, the United States and Japan, with a combined 40% share of the global market. These countries were followed by India, France, Brazil, Russia, Mexico, Germany, Belgium, Italy, Canada and Spain, which together accounted for a further 37%.

Belgium saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while lubricating oil additive market for the other global leaders experienced more modest paces of growth.

Lubricating Oil Additive Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Belarus	2124	1781	1759	-9.0%
China	3341	2427	2336	-16.4%
India	2826	2050	2568	-4.7%
Singapore	3111	3166	3034	-1.2%
France	3577	3215	3172	-5.8%
United States	3466	3669	3242	-3.3%
Italy	3391	3286	3363	-0.4%
Belgium	3341	3361	3540	2.9%
Netherlands	4279	3784	3640	-7.8%
Germany	4324	3973	4554	2.6%
Average	3409	3282	3175	-3.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($4,554 per ton), while Belarus ($1,759 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
South Korea	4070	4182	4090	0.2%
Germany	3662	4039	3792	1.8%
France	3474	3547	3700	3.2%
Japan	3644	3689	3533	-1.5%
Netherlands	3551	3332	3394	-2.2%
United States	3311	3487	3339	0.4%
China	3284	3353	3318	0.5%
Belgium	3825	3640	3019	-11.2%
Singapore	3101	3107	3019	-1.3%
Brazil	3114	3140	3006	-1.7%
United Arab Emirates	2965	2951	2974	0.2%
Russia	3490	2900	2864	-9.4%
Italy	2939	2788	2671	-4.7%
Average	3429	3429	3343	-1.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was South Korea ($4,090 per ton), while Italy ($2,671 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Lubricating Oil Additive - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	1.1	1.1	1.1	-0.8%
Germany	0.5	0.7	0.7	20.4%
Belgium	0.3	0.3	0.7	42.5%
France	0.5	0.5	0.6	9.4%
Singapore	0.8	0.6	0.6	-13.4%

In value terms, China ($1.1B), Germany ($704M) and Belgium ($674M) were the countries with the highest levels of imports in 2020, together comprising 26% of global imports.

In terms of the main importing countries, Belgium saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Lubricating Oil Additive - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	2.3	2.4	2	-7.1%
France	2.3	2.2	1.8	-11.7%
Singapore	1.8	1.8	1.6	-6.0%
Italy	1	1	0.9	-3.2%
Belgium	0.7	0.7	0.7	4.6%

In value terms, the largest lubricating oil additive supplying countries worldwide were the United States ($2B), France ($1.8B) and Singapore ($1.6B), with a combined 61% share of global exports. Italy, Belgium, Germany, China, the Netherlands, India and Belarus lagged somewhat behind, together accounting for a further 30%.

Among the main exporting countries, India recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Lubricating Oil Additive - Market Forecast

Driven by increasing demand for lubricating oil additive worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Lubricating Oil Additive - Product Coverage

HS 381121 - Lubricating oil additives; containing petroleum oils or oils obtained from bituminous minerals
HS 381129 - Lubricating oil additives; not containing petroleum oils or oils obtained from bituminous minerals

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global lubricating oil additive market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20594270 - Additives for lubricating oils

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023