Global Automotive Additives Market by Type (Oil Additives, Plastic Additives, and Fuel Additives), Product (Plasticizers, Anti-Scratch, Antioxidants, Stabilizers, and Others), Vehicle (Passenger Cars and Commercial Vehicles), Application (Interior, Exterior, Under the Hood, and Electronics & Electrical), Region (North America, Europe, Asia Pacific, South America and Middle East and Africa), Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

 Publisher: Fior Market Research |    Report ID : 71551   |  Published On: December 2018 |   Pages: |   Format:PDF

Global automotive additives market is expected to reach USD 27.9 billion by 2025, at a CAGR of 9.12% from 2018 to 2025. Factors driving the growth of the market include the growing demand from automotive industries, optimum fuel efficiency, requirement of lightweight materials in an automobile, and an increase in the electrification of the cars. Market Overview: The automotive additives are used to maintain the vehicle and improve its overall performance.  These additives are the chemical matter that are added with fuel or oil to improve their quality. The automotive additives can be of oil, plastic, or fuel type. The automotive additives are used in various applications such as the interior, exterior, under the hood, electronics & electrical. For instance, in 2017, Suzuki Motor Corporation, launched ECSTAR synthetic base oil additives in India. This oil helps in improving the engine oil friction and enables to have high-performance. The additives also help to reduce the emissions of vehicles. For instance, the corporate average fuel economy (CAFE) regulations of United States, stated that emissions for the automotive need to be decreased and for this, lightweight materials should be used in vehicles. This factor has also impacted the growth of automotive additives market. Report Description:
  • The base year for the study has been considered 2017, historic year 2015 and 2016 and, the forecast period considered is from 2018 to 2025. The automotive additives market is analysed on the basis of volume (Thousand Kilotons) and value (USD Million).
  • The report provides the key data of Production (‘Kilotons), Consumption (‘Kilotons), Import & Export (‘Kilotons), and supply demand ratio analysis in order to understand the present and future scenario of the market.
  • The study delivers a comprehensive analysis of global automotive additives market by type, product, vehicle, application, and regions.
  • The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the global automotive additives market. This report incorporates the industry analysis which is focused on providing an extensive view of the automotive additives market.
  • The study also includes attractiveness analysis of type, product, vehicle, application, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the automotive additives market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

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Market Dynamics: Drivers:
  • Growing demand from automotive industries
  • Optimum fuel efficiency
  • Increase in the electrification of the cars
  • Requirement of lightweight materials in an automobile
Restraints:
  • The instability in prices of additives
  • High price of the oil and fuel automotive additives
  • Engine downsizing
Opportunities:
  • Increasing need of various additives for automotive industries
Global Automotive Additives Market Key Findings: All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. Segmentation Analysis: The automotive additives market is segmented on the basis of type, product, vehicle, and application.
  • Type segment is further classified into oil additives, plastic additives, and fuel additives. Oil additives segment is anticipated to grow with highest CAGR of 11.71% over the forecast period. Here, contributing factor is that additives help in improving the performance of base oil used in automotive. Additionally, the requirement of lightweight materials in an automobile is the key factor to drive the demand of type segment.
  • The product segment is divided into plasticizers, anti-scratch, antioxidants, stabilizers, and others. The plasticizers segment held largest market share of 29.64% in 2017. The plasticizers are mostly used product for storing the automotive additives as they are easy to handle and resist for longer time.
  • Vehicle segment covers passenger cars and commercial vehicles. The passenger cars segment is further sub-segmented as compact, mid-sized, and premium segment. The commercial vehicles segment is further divided as light and heavy. The passenger cars segment is the dominating the automotive additives market value with USD 6.24 billion in 2017. As passenger cars include the heavy vehicle such as trucks, buses that require maximum minimizing performance with less emissions ratio.
  • The application segment includes interior, exterior, under the hood, and electronics & electrical. Interiorsegment is anticipated to grow with highest CAGR of 10.71% over the forecast period due to growing concern about comfort, durability, quality, safety, and colour in automotive..
Regional Segmentation Analysis: The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America region held the highest CAGR of 29.81% with USD 3.10 billion in 2017 where as the Asia Pacific region held the second dominant position in the global automotive additives market
  • The growing demand from automotive industries and increase in the electrification of the cars are some of the factors that led to the growth of automotive additives market in North America region.
  • In Asia Pacific is fastest growing region due to growing aviation and automobile industries. Also, the increasing trend for comfort, quality, and safety automotive is a major reason to drive the growth of the market.
Global Automotive additives Market Competitive Analysis: Key players in the automotive additives market are Exxon Mobil, Covestro, Lanxess, Kaneka Corporation, Clariant, Basf, The Dow Chemical Company, Akzo Nobel, Evonik Industries, Solvay, Polyone Corporation, Saudi Basic Industries Corp., Croda International Plc., The Lubrizol Corporation, Afton Chemical, SPI Lasers, Chevron, Lanxess, Wuxi South Petroleum Additives, International Petroleum and Additives Company, Inc., and Infineum.  The companies Exxon Mobil, Covestro, Lanxess, The Lubrizol Corporation, and Evonik Industries are the top leaders of the market. For instance, in 2017, Lanxess acquired Chemtura and expanded its presence in North America region. This acquisition also expanded Lanxess product portfolio with flame retardant and lubricant additive products. *All our reports are customizable as per customer requirements Scope
Key Points Information
Evaluate Market Potential Growth Rates (CAGR %) Value (USD Million) {Market Size} Volume (‘Kilotons)
USP of Report Production Consumption Import & Export Supply Demand Ratio Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment
Historical Years 2015-2017
Forecast Years 2018-2025
Regional Analysis North America, Europe, Asia Pacific, South America, and Middle East and Africa
Countries Analysis U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global automotive additives market on the basis of below mentioned segments: Automotive Additives Market, By Type:
  • Oil Additives
  • Plastic Additives
  • Fuel Additives
Automotive Additives Market, By Product:
  • Plasticizers
  • Anti-Scratch
  • Antioxidants
  • Stabilizers
  • Others
Automotive Additives Market, By Vehicle:
  • Passenger Cars
    • Compact
    • Mid-sized
    • Premium
  • Commercial Vehicles
    • Light
    • Heavy
Automotive Additives Market, By Application:
  • Interior
  • Exterior
  • Under the Hood
  • Electronics & Electrical
Global Automotive additives Market, By Regions:
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherlands
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of Middle East and Africa
Table of Contents
  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Report Premium Insights
  5. Market Overview
  6. Industry Trend Analysis
  7. Global Automotive Additives Market by Type Analysis
  8. Global Automotive Additives Market by Product Analysis
  9. Global Automotive Additives Market by Vehicle Analysis
  10. Global Automotive Additives Market by Application Analysis
  11. Global Automotive Additives Market by Region Analysis
  12. Competitive Analysis
  13. Company Profiles
  • Business Overview
  • Products Portfolio
  • Key Insights
  • Recent Developments
  • SWOT Analysis
  • Financial Analysis
  • Market Share Analysis


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