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.

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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.

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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…………

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