The US$ 1.6 billion lubricant antioxidants market is likely to witness 3% y-o-y in 2019, opines a new study by Fact.MR. Gains are likely to be driven by growing applications of lubricant antioxidants in various industrial sectors, especially automotive and transportation. The study remains bullish on growing demand for lubricant antioxidants in East Asia, with China leading the rally.
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The Fact.MR study finds East Asian countries, including China, Japan, and South Korea, account for around one-fourth revenue share of the global market. Demand for lubricant antioxidants from these three East Asian countries was valued at nearly US$ 435 million in 2018. A strong automotive industry, combined with growing investment in high-quality lubricants is likely to sustain market growth in East Asia.
The Lubricant Antioxidants market report includes global as well as emerging players:
BASF SE, Lubrizol, Chevron Oronite Company (Chevron), Afton Chemical, Infineum (ExxonMobil), Songwon Industrial Group, ENI, Evonik, LANXESS, Jinzhou Kangtai Lubricant Additives, Wuxi South Petroleum Additive, SI Group (acquired by SK Capital), ADEKA Corporation, and OXIRIS Chemicals S. A.
The insights for each vendor consists of:
• Company profile
• SWOT analysis
• Main market information
• Market share
• Revenue, pricing and gross margin
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Important regions covered in the Lubricant Antioxidants market report include:
North America, Latin America, Europe, Japan, APEJ, and MEA
The Lubricant Antioxidants market report also provides data regarding the key countries in the defined regions.
By end use:
• Automotive & transportation
• Speciality & fuels
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What insights does the Lubricant Antioxidants market report provide to the readers?
• Lubricant Antioxidants market fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Lubricant Antioxidants market player.
• Various regulations imposed by the governments on the consumption of Lubricant Antioxidants in detail.
• Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Lubricant Antioxidants market.
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Questionnaire answered in the Lubricant Antioxidants market report include:
• How the market for Lubricant Antioxidants has grown over the forecast period of 2018-2028?
• What is the present and future outlook of the global Lubricant Antioxidants market on the basis of region?
• What are the challenges and opportunities for the Lubricant Antioxidants market?
• Why the consumption of Lubricant Antioxidants highest in region?
• In which year segment is expected to overtake segment?