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Global Friction Modifiers Market, By Type, By Company and By Geography, Forecast & Opportunities, 2023

A new market research report introduced by TechSci Research provides an overall analysis of Global Friction Modifiers Market. The presented market report will incorporate all the major factors and advancements that assume an imperative role in market growth in the anticipated range of 00 years. It likewise introduces the overview of industry players, preferences, challenges the market is experiencing. The research report gives an entire comprehension of the Global Friction Modifiers Market in terms of revenue.
Global Friction Modifiers market is anticipated to reach USD 1.02 Billion, growing at an impressive CAGR during the forecast period, due to the rising need for fuel-efficient lubricants in the automobile industry. Based on the type, the Global Friction Modifiers market has been segmented into Organic and Inorganic. An organic segment of the friction modifier market is expected to grow at the highest CAGR in the forecast period due to its versatility and environment-friendly properties. Based on the application, the Global Friction Modifiers market is categorized into Transportation Lubricants and Industrial Lubricants. Transportation lubricant segment is expected to occupy the lion share in the forecast period due to the rising usage of friction modifiers in a passenger vehicle and public transports because of elevating environmental concerns.

Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa, and Europe. Asia-Pacific region is anticipated to grow at the highest CAGR during the forecast period due to the rising demand for friction modifiers in the automotive industry.
Some of the leading players in the Global Friction Modifiers Market are Lubrizol, Afton, Infineum, Chevron Oronite, Croda, Chemtura, BASF, Kings Industries, BRB International, and Vanderbilt Chemicals.
Table of Content:
Product Overview
Research Methodology
Executive Summary
Voice of Customer
Product Quality
Product Pricing
Factors Influencing Purchase Decision
Global Friction Modifiers Market Overview 
Global Friction Modifiers Market Outlook
Market Size & Forecast
By Value & Volume
Market Share & Forecast
By Type (Organic (Fatty acids, Esters & Amides and Functional polymers) and Inorganic (Molybdenum Compounds and Nanoparticles))
By Application (Transportation Lubricants (Commercial Vehicle, Passenger Vehicle, Aviation, Marine) and Industrial Lubricants)
By Region
By Company
Market Attractiveness Index
Asia-Pacific Friction Modifiers Market Outlook
Market Size & Forecast
By Value & Volume
Market Share & Forecast
By Type
By Application
By Country
Market Attractiveness Index
Asia-Pacific: Country Analysis
China Friction Modifiers Market Outlook
Continued…………
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country-specific high growth markets helps TechSci clients to lead rather than follow market trends.
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