Global Extreme Pressure Additives Market size is expected to grow at a CAGR of 2.7 % throughout the forecast period, reaching nearly US$ 2.84 Bn. by 2029. Extreme pressure additives are used in lubricants to decrease wear and tear of the parts of the gearboxes, automotive engines, and hydraulic units, which are exposed to very high pressures. The additive is added to cutting fluids for machining metals. The additives contain phosphorus, organic sulfur, and chlorine compounds to react during the high-pressure conditions. The rise in demand for automotive and high-performance lubricating oil across the world is driving the market growth in the forecasted period. The commercial sector is mainly propelling market growth in terms of volume. The highly reactive metal surfaces may hamper the global market growth over the forecast period.To know about the Research Methodology :- Request Free Sample Report
Global Extreme Pressure Additives Market Segment Analysis
By type, the global market is segmented into chlorinated paraffin, sulfurized fats, and others. The sulfurized fats segment is expected to grow at a CAGR of xx% during the forecast period. The sulfurized fats are more chemically reactive and highly effective on metal than other additives. By application, the global market is segmented into Automotive and Iron and Steel. The automotive segment led to the global market in 2022. Thanks to the application in automotive-like gearbox lubrication, engine oil, and the hydraulic unit require extreme pressure additives for proper functioning under heavy pressure. The automotive segment is expected to drive the global market at xx% CAGR over the forecasted period.Global Market Drivers
The extreme pressure additives market is driven by the increasing global demand and production of a passenger vehicle. The passenger vehicle segment is growing at CAGR xx%. The automotive industry is also experiencing good growth, especially in countries like the US, Mexico, and the United Kingdom. The automobile users are demanding more performing engines, which are driving the demand for Extreme Pressure Additives. The lightweight and high-performing engine experience high pressure and may lead to wear easily so, it requires specialized lubrication to bear the extreme pressure condition, which will drive the market growth. New development in vehicle lubrication technology is creating new opportunities for the global market. By region, Asia Pacific held a dominant position in the market and is expected to continue dominance in the forecasted period. Industrial growth in countries like India, China, and South Korea are expected to fuel the market demand for metal cutting fluids and metalworking fluid in the near future. Extreme pressure additives are mainly used for providing lubricating and anti-friction properties. The development of the automotive sector and the industrial sector in China and India by the increase in government initiatives are expected to propel the market. North America and Europe are expected to show moderate growth during the forecast period. The presence of major lubricant manufacturers in these regions are driving market growth. The objective of the report is to present a comprehensive analysis of the Global Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Extreme Pressure Additives Market dynamics, structure by analyzing the market segments and projects the Extreme Pressure Additives Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Extreme Pressure Additives Market make the report investor’s guide.Extreme Pressure Additives Market Scope: Inquire before buying
Global Extreme Pressure Additives Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.35 Bn. Forecast Period 2023 to 2029 CAGR: 2.7% Market Size in 2029: US $ 2.84 Bn. Segments Covered: by Type Chlorinated Paraffin Sulphurized Fats Other Type by Application Automotive Iron and Steel By Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Extreme Pressure Additives Market Key players
1. Afton Chemical 2. Chevron Oronite 3. BASF 4. Evonik Industries 5. Lubrizol 6. Lanxess 7. Infineum 8. Croda 9. BRB International 10. Total 11. Other Frequently Asked Questions: 1. Which region has the largest share in Global Extreme Pressure Additives Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Extreme Pressure Additives Market? Ans: The Global Extreme Pressure Additives Market is growing at a CAGR of 2.7% during forecasting period 2023-2029. 3. What is scope of the Global Extreme Pressure Additives Market report? Ans: Global Extreme Pressure Additives Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Extreme Pressure Additives Market? Ans: The important key players in the Global Extreme Pressure Additives Market are – Afton Chemical, Chevron Oronite, BASF, Evonik Industries, Lubrizol, Lanxess, Infineum, Croda, BRB International, Total, and Other 5. What is the study period of this Market? Ans: The Global Extreme Pressure Additives Market is studied from 2022 to 2029.
Global Extreme Pressure Additives Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Extreme Pressure Additives Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Extreme Pressure Additives Market Analysis and Forecast 6.1. Extreme Pressure Additives Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Extreme Pressure Additives Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Extreme Pressure Additives Market Value Share Analysis, by Type 7.4. Extreme Pressure Additives Market Size (US$ Mn) Forecast, by Type 7.5. Extreme Pressure Additives Market Analysis, by Type 7.6. Extreme Pressure Additives Market Attractiveness Analysis, by Type 8. Global Extreme Pressure Additives Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Extreme Pressure Additives Market Value Share Analysis, By Brake Used 8.4. Extreme Pressure Additives Market Size (US$ Mn) Forecast, By Brake Used 8.5. Extreme Pressure Additives Market Analysis, By Brake Used 8.6. Extreme Pressure Additives Market Attractiveness Analysis, By Brake Used 9. Global Extreme Pressure Additives Market Analysis, by Region 9.1. Extreme Pressure Additives Market Value Share Analysis, by Region 9.2. Extreme Pressure Additives Market Size (US$ Mn) Forecast, by Region 9.3. Extreme Pressure Additives Market Attractiveness Analysis, by Region 10. North America Extreme Pressure Additives Market Analysis 10.1. Key Findings 10.2. North America Extreme Pressure Additives Market Overview 10.3. North America Extreme Pressure Additives Market Value Share Analysis, by Type 10.4. North America Extreme Pressure Additives Market Forecast, by Type 10.4.1. Chlorinated Paraffin 10.4.2. Sulphurized Fats 10.4.3. Other Type 10.5. North America Extreme Pressure Additives Market Value Share Analysis, by Application 10.6. North America Extreme Pressure Additives Market Forecast, by Application 10.6.1. Automotive 10.6.2. Iron and Steel 10.7. North America Extreme Pressure Additives Market Value Share Analysis, by Country 10.8. North America Extreme Pressure Additives Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Extreme Pressure Additives Market Analysis, by Country 10.10. U.S. Extreme Pressure Additives Market Forecast, by Type 10.10.1. Chlorinated Paraffin 10.10.2. Sulphurized Fats 10.10.3. Other Type 10.11. U.S. Extreme Pressure Additives Market Forecast, by Application 10.11.1. Automotive 10.11.2. Iron and Steel 10.12. Canada Extreme Pressure Additives Market Forecast, by Type 10.12.1. Chlorinated Paraffin 10.12.2. Sulphurized Fats 10.12.3. Other Type 10.13. Canada Extreme Pressure Additives Market Forecast, by Application 10.13.1. Automotive 10.13.2. Iron and Steel 10.14. North America Extreme Pressure Additives Market Attractiveness Analysis 10.14.1. by Type 10.14.2. by Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Extreme Pressure Additives Market Analysis 11.1. Key Findings 11.2. Europe Extreme Pressure Additives Market Overview 11.3. Europe Extreme Pressure Additives Market Value Share Analysis, by Type 11.4. Europe Extreme Pressure Additives Market Forecast, by Type 11.4.1. Chlorinated Paraffin 11.4.2. Sulphurized Fats 11.4.3. Other Type 11.5. Europe Extreme Pressure Additives Market Forecast, by Application 11.5.1. Automotive 11.5.2. Iron and Steel 11.6. Europe Extreme Pressure Additives Market Value Share Analysis, by Country 11.7. Europe Extreme Pressure Additives Market Forecast, by Country 11.7.1. Germany 11.7.2. U.K. 11.7.3. France 11.7.4. Italy 11.7.5. Spain 11.7.6. Norway 11.7.7. Russia 11.7.8. Rest of Europe 11.8. Germany Extreme Pressure Additives Market Forecast, by Type 11.8.1. Chlorinated Paraffin 11.8.2. Sulphurized Fats 11.8.3. Other Type 11.9. Germany Extreme Pressure Additives Market Forecast, by Application 11.9.1. Automotive 11.9.2. Iron and Steel 11.10. U.K. Extreme Pressure Additives Market Forecast, by Type 11.10.1. Chlorinated Paraffin 11.10.2. Sulphurized Fats 11.10.3. Other Type 11.11. U.K. Extreme Pressure Additives Market Forecast, by Application 11.11.1. Automotive 11.11.2. Iron and Steel 11.12. France Extreme Pressure Additives Market Forecast, by Type 11.12.1. Chlorinated Paraffin 11.12.2. Sulphurized Fats 11.12.3. Other Type 11.13. France Extreme Pressure Additives Market Forecast, by Application 11.13.1. Automotive 11.13.2. Iron and Steel 11.14. Italy Extreme Pressure Additives Market Forecast, by Type 11.14.1. Chlorinated Paraffin 11.14.2. Sulphurized Fats 11.14.3. Other Type 11.15. Italy Extreme Pressure Additives Market Forecast, by Application 11.15.1. Automotive 11.15.2. Iron and Steel 11.16. Spain Extreme Pressure Additives Market Forecast, by Type 11.16.1. Chlorinated Paraffin 11.16.2. Sulphurized Fats 11.16.3. Other Type 11.17. Spain Extreme Pressure Additives Market Forecast, by Application 11.17.1. Automotive 11.17.2. Iron and Steel 11.18. Norway Extreme Pressure Additives Market Forecast, by Type 11.18.1. Chlorinated Paraffin 11.18.2. Sulphurized Fats 11.18.3. Other Type 11.19. Norway Extreme Pressure Additives Market Forecast, by Application 11.19.1. Automotive 11.19.2. Iron and Steel 11.20. Russia Extreme Pressure Additives Market Forecast, by Type 11.20.1. Chlorinated Paraffin 11.20.2. Sulphurized Fats 11.20.3. Other Type 11.21. Russia Extreme Pressure Additives Market Forecast, by Application 11.21.1. Automotive 11.21.2. Iron and Steel 11.22. Rest of Europe Extreme Pressure Additives Market Forecast, by Type 11.22.1. Chlorinated Paraffin 11.22.2. Sulphurized Fats 11.22.3. Other Type 11.23. Rest of Europe Extreme Pressure Additives Market Forecast, by Application 11.23.1. Automotive 11.23.2. Iron and Steel 11.24. Europe Extreme Pressure Additives Market Attractiveness Analysis 11.24.1. by Applications 11.24.2. by Type 11.25. PEST Analysis 11.26. Key Trends 11.27. Key Developments 12. Asia Pacific Extreme Pressure Additives Market Analysis 12.1. Key Findings 12.2. Asia Pacific Extreme Pressure Additives Market Overview 12.3. Asia Pacific Extreme Pressure Additives Market Value Share Analysis, by Type 12.4. Asia Pacific Extreme Pressure Additives Market Forecast, by Type 12.4.1. Chlorinated Paraffin 12.4.2. Sulphurized Fats 12.4.3. Other Type 12.5. Asia Pacific Extreme Pressure Additives Market Value Share Analysis, by Type 12.6. Asia Pacific Extreme Pressure Additives Market Forecast, by Application 12.6.1. Automotive 12.6.2. Iron and Steel 12.7. Asia Pacific Extreme Pressure Additives Market Value Share Analysis, by Country 12.8. Asia Pacific Extreme Pressure Additives Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Malaysia 12.8.7. Indonesia 12.8.8. Rest of Asia Pacific 12.9. Asia Pacific Extreme Pressure Additives Market Analysis, by Country 12.10. China Extreme Pressure Additives Market Forecast, by Type 12.10.1. Chlorinated Paraffin 12.10.2. Sulphurized Fats 12.10.3. Other Type 12.11. China Extreme Pressure Additives Market Forecast, by Application 12.11.1. Automotive 12.11.2. Iron and Steel 12.12. India Extreme Pressure Additives Market Forecast, by Type 12.12.1. Chlorinated Paraffin 12.12.2. Sulphurized Fats 12.12.3. Other Type 12.13. India Extreme Pressure Additives Market Forecast, by Application 12.13.1. Automotive 12.13.2. Iron and Steel 12.14. Japan Extreme Pressure Additives Market Forecast, by Type 12.14.1. Chlorinated Paraffin 12.14.2. Sulphurized Fats 12.14.3. Other Type 12.15. Japan Extreme Pressure Additives Market Forecast, by Application 12.15.1. Automotive 12.15.2. Iron and Steel 12.16. South Korea Extreme Pressure Additives Market Forecast, by Type 12.16.1. Chlorinated Paraffin 12.16.2. Sulphurized Fats 12.16.3. Other Type 12.17. South Korea Extreme Pressure Additives Market Forecast, by Application 12.17.1. Automotive 12.17.2. Iron and Steel 12.18. Australia Extreme Pressure Additives Market Forecast, by Type 12.18.1. Chlorinated Paraffin 12.18.2. Sulphurized Fats 12.18.3. Other Type 12.19. Australia Extreme Pressure Additives Market Forecast, by Application 12.19.1. Automotive 12.19.2. Iron and Steel 12.20. Malaysia Extreme Pressure Additives Market Forecast, by Type 12.20.1. Chlorinated Paraffin 12.20.2. Sulphurized Fats 12.20.3. Other Type 12.21. Malaysia Extreme Pressure Additives Market Forecast, by Application 12.21.1. Automotive 12.21.2. Iron and Steel 12.22. Indonesia Extreme Pressure Additives Market Forecast, by Type 12.22.1. Chlorinated Paraffin 12.22.2. Sulphurized Fats 12.22.3. Other Type 12.23. Indonesia Extreme Pressure Additives Market Forecast, by Application 12.23.1. Automotive 12.23.2. Iron and Steel 12.24. Rest of Asia Pacific Extreme Pressure Additives Market Forecast, by Type 12.24.1. Chlorinated Paraffin 12.24.2. Sulphurized Fats 12.24.3. Other Type 12.25. Rest of Asia Pacific Extreme Pressure Additives Market Forecast, by Application 12.25.1. Automotive 12.25.2. Iron and Steel 12.26. Asia Pacific Extreme Pressure Additives Market Attractiveness Analysis 12.26.1. by Type 12.26.2. by Application 12.27. PEST Analysis 12.28. Key Trends 12.29. Key Developments 13. Middle East & Africa Extreme Pressure Additives Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Extreme Pressure Additives Market Overview 13.3. Middle East & Africa Extreme Pressure Additives Market Value Share Analysis, by Type 13.4. Middle East & Africa Extreme Pressure Additives Market Forecast, by Type 13.4.1. Chlorinated Paraffin 13.4.2. Sulphurized Fats 13.4.3. Other Type 13.5. Middle East & Africa Extreme Pressure Additives Market Forecast, by Application 13.5.1. Automotive 13.5.2. Iron and Steel 13.6. Middle East & Africa Extreme Pressure Additives Market Value Share Analysis, by Country 13.7. Middle East & Africa Extreme Pressure Additives Market Forecast, by Country 13.7.1. GCC 13.7.2. South Africa 13.7.3. Rest of Middle East & Africa 13.8. Middle East & Africa Extreme Pressure Additives Market Analysis, by Country 13.9. GCC Extreme Pressure Additives Market Forecast, by Type 13.9.1. Chlorinated Paraffin 13.9.2. Sulphurized Fats 13.9.3. Other Type 13.10. GCC Extreme Pressure Additives Market Forecast, by Application 13.10.1. Automotive 13.10.2. Iron and Steel 13.11. Extreme Pressure Additives Market Forecast, by Type 13.11.1. Chlorinated Paraffin 13.11.2. Sulphurized Fats 13.11.3. Other Type 13.12. South Africa Extreme Pressure Additives Market Forecast, by Application 13.12.1. Automotive 13.12.2. Iron and Steel 13.13. Rest of Middle East & Africa Extreme Pressure Additives Market Forecast, by Type 13.13.1. Chlorinated Paraffin 13.13.2. Sulphurized Fats 13.13.3. Other Type 13.14. Rest of Middle East & Africa Extreme Pressure Additives Market Forecast, by Application 13.14.1. Automotive 13.14.2. Iron and Steel 13.15. Middle East & Africa Extreme Pressure Additives Market Attractiveness Analysis 13.15.1. by Type 13.15.2. by Application 13.16. PEST Analysis 13.17. Key Trends 13.18. Key Developments 14. South America Extreme Pressure Additives Market Analysis 14.1. Key Findings 14.2. South America Extreme Pressure Additives Market Overview 14.3. South America Extreme Pressure Additives Market Value Share Analysis, by Type 14.4. South America Extreme Pressure Additives Market Forecast, by Type 14.4.1. Chlorinated Paraffin 14.4.2. Sulphurized Fats 14.4.3. Other Type 14.5. South America Extreme Pressure Additives Market Forecast, by Application 14.5.1. Automotive 14.5.2. Iron and Steel 14.6. South America Extreme Pressure Additives Market Value Share Analysis, by Country 14.7. South America Extreme Pressure Additives Market Forecast, by Country 14.7.1. Brazil 14.7.2. Mexico 14.7.3. Argentina 14.7.4. Rest of South America 14.8. South America Extreme Pressure Additives Market Analysis, by Country 14.9. Brazil Extreme Pressure Additives Market Forecast, by Type 14.9.1. Chlorinated Paraffin 14.9.2. Sulphurized Fats 14.9.3. Other Type 14.10. Brazil Extreme Pressure Additives Market Forecast, by Application 14.10.1. Automotive 14.10.2. Iron and Steel 14.11. Mexico Extreme Pressure Additives Market Forecast, by Type 14.11.1. Chlorinated Paraffin 14.11.2. Sulphurized Fats 14.11.3. Other Type 14.12. Mexico Extreme Pressure Additives Market Forecast, by Application 14.12.1. Automotive 14.12.2. Iron and Steel 14.13. Argentina Extreme Pressure Additives Market Forecast, by Type 14.13.1. Chlorinated Paraffin 14.13.2. Sulphurized Fats 14.13.3. Other Type 14.14. Argentina Extreme Pressure Additives Market Forecast, by Application 14.14.1. Automotive 14.14.2. Iron and Steel 14.15. Rest of South America Extreme Pressure Additives Market Forecast, by Type 14.15.1. Chlorinated Paraffin 14.15.2. Sulphurized Fats 14.15.3. Other Type 14.16. Rest of South America Extreme Pressure Additives Market Forecast, by Application 14.16.1. Automotive 14.16.2. Iron and Steel 14.17. South America Extreme Pressure Additives Market Attractiveness Analysis 14.17.1. by Type 14.17.2. by Application 14.18. PEST Analysis 14.19. Key Trends 14.20. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Afton Chemical 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Chevron Oronite 15.3.3. BASF 15.3.4. Evonik Industries 15.3.5. Lubrizol 15.3.6. Lanxess 15.3.7. Infineum 15.3.8. Croda 15.3.9. BRB International 15.3.10. Total 15.3.11. Other 16. Primary Key Insights