Organic Friction Modifier Additives Market Share, Trends and Growth 2020 to 2027

Research Reports

Feb 11, 2021

Global Organic Friction Modifier Additives Industry Report 2020 is a professional and in-depth survey on the current state of the Organic Friction Modifier Additives Market. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Organic Friction Modifier Additives Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.

Organic friction modifier (OFM) additives are increasingly utilized in the lubrication of aviation, energy/ power, automobile, rail, and industrial components. OFM additives have the ability to make a huge difference to the tribological characteristics of the lubricant. Hence, organic friction modifiers are emerging as quite an essential additive in the lubrication of mechanical components along with particularly of automobile engines wherein performance enhancements are persistently sought-after. In the recent past, demand for OFM additives has been increased to a significant extent due to their benefits and superior functionality.

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The organic friction additives market has witnessed significant growth owing to factors such as wider use in automobile lubricants, industrial lubricants, aviation lubricants, energy/ power generation lubricants, and rail lubricants. The aviation and automotive industry is continuously upgrading its lubricants to enhance the perforce of their vehicles. Furthermore, industries like power generation and also construction are investing a substantial amount in upgrading the lubricants used. All of these efforts are quite focused on the sole purpose of boosting the operational ability of the machines as well as organic friction modifier additives are one of the best modes to achieve the desired goals.

Structure of the Organic Friction Modifier Additives Market report can be categorized into following sections:

Section 1: Scope of the Report & Research Methodology

Section 2: Key Takeaways

Section 3: Market variables & their impact on growth and analytical tools providing High Level Insights into the Market Dynamics and Growth Pattern

Section 4: Market Estimates and Forecasts (with the base year as 2019, historic information of 2016 & 2018 and forecast from 2020 to 2027). Regional and Country Level Estimates and Forecasts for each category which are summed up to form the Global Market.

Section 5: Competitive Landscape. Attributes such as Strategy Framework, Competitor Categorization are included to provide elaborate details on the Market Structure & Strategic Undertakings as well as their impact.

The Prominent/Emerging Players in the Organic Friction Modifier Additives Market Research include:

Afton Chemicals Corporation
BASF SE
Cargill Inc.
Celanese Corporation
Chemtura Corporation (LANXESS Solutions US, Inc.)
Croda International Plc
Dow Chemical Company Limited
Eastman Chemical Co.
International Lubricants Inc.
Multisol Ltd

The Organic Friction Modifier Additives Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.

Company Overview: Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial Performance: Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.

Product Benchmarking: Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic Initiatives: Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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The Organic Friction Modifier Additives Market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.

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