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Global Diesel Lubricity Improver Market Size, Share, Growth, Analysis, Forecast: By Type: Acidic Lubricity Improver, Non-Acidic Lubricity Improver; By Application: Automobile, Agriculture, Manufacturing, Others; Regional Analysis; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Diesel Lubricity Improver Market Outlook
The global diesel lubricity improver market size attained a value of USD 3.10 billion in 2023. The market is further expected to grow at a CAGR of 5.50% between 2024 and 2032, to reach a value of USD 5.00 billion by 2032.
Key Trends in the Market
A diesel lubricity improver refers to an additive for diesel which enhances the lubricity of moving parts within a system, lowering wear and tear in components which use diesel. Diesel lubricity improvers increase the operational efficiency and life service of moving parts, providing time and cost savings in the long-term.
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- The diesel lubricity improver market has been driven by the favourable norms of various governments aimed at reducing carbon footprint by optimising fuel consumption and engine performance. Lack of lubrication can cause pump failure which can hamper long-term car health. In this regard, increasing awareness and rising spending on car maintenance are further propelling the market growth for diesel lubricity improvers.
- Increasing demand for more efficient lubricants with offering higher lubricity, in manufacturing and agriculture sectors are expected to aid the diesel lubricity improver market in the forecast period. Advancements in fuel additive formulations technologies, such as mono-acid technology are key market trends.
Market Analysis
Based on type, the market is segmented into acidic lubricity improver and non-acidic lubricity improver. On the basis of application, the market is classified into automobile, agriculture, and manufacturing, among others. The regional markets for diesel lubricity improvers are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global diesel lubricity improver market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
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- Dow Inc.
- TotalEnergies SE
- BASF SE
- The Lubrizol Corporation
- Innospec Inc.
- Chevron Corporation
- Dorf Ketal Chemicals
- Huntsman International LLC
- Baker Hughes Company
- Liqui Moli
- Ecolab (Nalco Champion)
- Others
Market Share by Type
The acidic lubricity improver segment, based on type, accounts for a healthy share of the diesel lubricity improver market. This type of improver contains specialty additives which are acidic in nature and the higher the acidic content, the greater the impact on friction, as well as improved wear resistance. In addition, these additives provide excellent protection to diesel engine components at cheaper rates compared to counterparts along with lower requirement of dosages, which makes them an ideal option for engine maintenance, thereby invigorating the segment’s growth.
Market Share by Application
Based on application, the automobile sector is likely to be a fast-growing segment in the market for diesel lubricity improver over the forecast period. Diesel lubricity improvers are crucial for automobiles to ensure proper functioning of the engine components of a vehicle, especially the fuel pumps. Hence, the increasing sale of passenger and commercial vehicles across the emerging economies is fuelling the segment’s growth.
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Competitive Landscape
Dow Inc. is a leading chemicals company which develops material science solutions, plastics, performance materials, coatings and silicones, and industrial intermediates, among others. The company was founded in 2018 and is headquartered in Michigan in the United States.
TotalEnergies SE is a renowned petroleum company which produces and markets fuels, natural gas, electricity, and is committed towards producing energy that is affordable, reliable, and cleaner. Founded in 1924 and headquartered in Courbevoie, France, this company provides expertise in specialty fluids, natural gas and power, and gas mobility.
BASF SE is one of the largest chemical companies across the world which deals with the production, marketing, and sales of chemicals, plastics, crop protection components, and performance enhancing products. Founded in 1865 and headquartered in Ludwigshafen, Germany, this company provides transportation and industrial lubricants which cater to heavy industrial demands.
Other market players include The Lubrizol Corporation, Innospec Inc., Chevron Corporation, Dorf Ketal Chemicals, Huntsman International LLC, Baker Hughes Company, Liqui Moli, and Ecolab (Nalco Champion), among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Diesel Lubricity Improver Market Analysis
8.1 Key Industry Highlights
8.2 Global Diesel Lubricity Improver Historical Market (2018-2023)
8.3 Global Diesel Lubricity Improver Market Forecast (2024-2032)
8.4 Global Diesel Lubricity Improver Market by Type
8.4.1 Acidic Lubricity Improver
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-Acidic Lubricity Improver
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Diesel Lubricity Improver Market by Application
8.5.1 Automobile
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Agriculture
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Manufacturing
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Diesel Lubricity Improver Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Diesel Lubricity Improver Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Diesel Lubricity Improver Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Diesel Lubricity Improver Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Diesel Lubricity Improver Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Diesel Lubricity Improver Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Dow Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 TotalEnergies SE
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 BASF SE
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 The Lubrizol Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Innospec Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Chevron Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Dorf Ketal Chemicals
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Huntsman International LLC
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Baker Hughes Company
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Liqui Moli
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Ecolab (Nalco Champion)
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
17 Key Region and Application to target
18 Pricing Strategies
19 Innovations
List of Key Figures and Tables
1. Global Diesel Lubricity Improver Market: Key industry Highlights, 2018 and 2032
2. Global Diesel Lubricity Improver Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Diesel Lubricity Improver Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Diesel Lubricity Improver Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Diesel Lubricity Improver Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Diesel Lubricity Improver Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Diesel Lubricity Improver Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Diesel Lubricity Improver Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Diesel Lubricity Improver Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Diesel Lubricity Improver Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Diesel Lubricity Improver Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Diesel Lubricity Improver Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Diesel Lubricity Improver Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Diesel Lubricity Improver Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Diesel Lubricity Improver Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Diesel Lubricity Improver Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Diesel Lubricity Improver Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Diesel Lubricity Improver Market Structure
Key Questions Answered in the Report
The market reached a value of USD 3.10 billion in 2023.
The market is estimated to grow at a CAGR of 5.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 5.00 billion by 2032.
Favourable norms of various governments aimed at reducing the carbon footprint by optimising fuel consumption, increasing sale of cars, and rising spending on car maintenance are the major drivers of the market.
The key trends in the market include the advancements in fuel additive formulation incorporation technologies and increasing demand for efficient lubricants in the manufacturing and agriculture sector.
Acidic lubricity improver and non-acidic lubricity improver are the primary types of diesel lubricity improvers in the market.
Automobile, agriculture, and manufacturing, among others, are the major applications of diesel lubricity improvers in the market.
Dow Inc., TotalEnergies SE, BASF SE, The Lubrizol Corporation, Innospec Inc., Chevron Corporation, Dorf Ketal Chemicals, Huntsman International LLC, Baker Hughes Company, Liqui Moli, and Ecolab (Nalco Champion), among others, are the key players in the diesel lubricity improver market, according to the report.
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