The global demand for Extreme Pressure Additives Market is presumed to reach the valuation of nearlyUSD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2021-2028.
Extreme pressure additives or EP additives are the additives used for the lubricants to reduce wear and tear of metals, especially in gearbox applications. Extreme pressure additives reduce abrasion and wear in boundary and mixed lubrication and are also active at high temperature. The extreme pressure additives are chlorinated compounds, sulfured compounds, and phosphorus-sulfur derivatives.
The rapidly growing demand for automotive across the globe especially in the commercial segment is primarily driving the market growth. However, extreme pressure additives may deliver detrimental properties owing to the highly chemically reactive to metal surfaces, which is expected to hamper the market growth during the forecast period. Whereas, increasing demand for high-performance lubricant oils in extremely high-pressure applications is anticipated to augment demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of extreme pressure additives.
The entire extreme pressure additives market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Chlorinated Paraffin
- Sulphurized Fats
- Iron and Steel
This section covers regional segmentation which accentuates on current and future demand for extreme pressure additives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Extreme Pressure Additives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the extreme pressure additives market include Afton Chemical, BASF, Bodo Möller Chemie, DIC, Dover Chemical, Ganesh Benzoplast, Italmatch Chemicals, and King Industries. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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