Lubricant antioxidants are chemical additives used in lubricants to prevent oxidation, which can cause the formation of corrosive and abrasive products, leading to the degradation of lubricants and the reduction of their performance. The market for lubricant antioxidants is expected to grow due to the increasing demand for high-performance lubricants in various industries such as automotive, industrial machinery, and metalworking. The growing demand for energy-efficient and environmentally friendly lubricants is also expected to drive the market for lubricant antioxidants.
The major types of lubricant antioxidants include phenolic, aminic, and phosphite derivatives. Phenolic antioxidants are widely used in automotive lubricants and industrial gear oils due to their high thermal stability and low volatility. Aminic antioxidants are used in applications that require high-temperature stability, such as in aviation and metalworking lubricants. Phosphite derivatives are used in synthetic lubricants due to their good solubility and high resistance to thermal and oxidative degradation.
The Asia-Pacific region is expected to be the largest market for lubricant antioxidants, due to the growing demand for lubricants in countries such as China, India, and Japan. North America and Europe are also expected to be significant markets, due to the presence of a large number of lubricant manufacturers and the increasing demand for high-performance lubricants in these regions.
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Lubricant Antioxidants Market: Segmentation
- Type
- Primary Antioxidants
- Aminic
- Phenolic
- Secondary Antioxidants
- Phosphite
- Thioester
- Multifunctional antioxidants
- Primary Antioxidants
- Application
- Automotive & transportation
- Gasoline engine oils
- Diesel engine oils
- ATF
- Gear & axle oils
- Industrial
- Compressor oils
- Hydraulic oils
- Metalworking fluids
- Turbine oils
- Speciality & fuels
- Greases
- Synthetic base oils
- Vegetable oils
- Fuels
- Others
- Automotive & transportation
- Form
- Solid
- Liquid
- Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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After reading the Lubricant Antioxidants market report, readers get insight into:
- Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
- New, promising avenues in key regions
- New revenue streams for all players in emerging markets
- Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
- Demand and uptake patterns in key industries of the Lubricant Antioxidants market
- New research and development projects in new technologies in key regional markets
- Changing revenue share and size of key product segments during the forecast period
- Technologies and business models with disruptive potential
Lubricant Antioxidants Market – Competitive Landscape
- German chemical manufacturer BASF SE announced in June 2018 that it has signed a distribution deal with Canadian distributor of specialized chemicals and raw materials Chemroy Canada, Inc. to manage its portfolio of lubricant additives, including lubricant antioxidants and surfactants, in Canada. As clients’ demands change, BASF hopes to take use of Chemroy’s industry knowledge and adaptability to address those needs and grow its distributor network in Canada.
- A South Korean chemical firm, Songwon Industrial Group, stated in December 2018 that it has launched SONGNOX® 5057, a new lubricant antioxidant, to complement and enhance its current range of phenolic, aminic, thioester, and phosphite antioxidants and stabilizers. A liquid butylated octylated aminic antioxidant called SONGNOX 5057 may be used to meet a variety of client demands in polyurethane applications. The business further stated that the new lubricant antioxidant is being developed at its Ulsan, South Korea, plant, allowing SONGNOX to service clients globally, especially those in Asia, a region with a rapidly expanding need for lubricant antioxidants.
- In April 2019, the German speciality chemical firm Lanxess Aktiengesellschaft, a world leader in lubricant antioxidants, announced the launch of Additin RC 3502, a new organic lubricant additive for high-performance engine oils. According to the manufacturer, the new lubricant additive can provide passenger automobiles with anti-wear protection, prolonged performance, and less friction.
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