Engine Oil Additives Market: By Type, By Fuel Type, By End User and Region Forecast 2019-2030 

Engine Oil Additives Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Anti-Oxidants, Dispersants, Detergents, Corrosion Inhibitors, Friction Modifiers, Antiwear Additives, and VI Improvers), By Fuel Type (Diesel, Gasoline, and Gas), By End User (Passenger car, Commercial vehicles, Motorcycles and Others) and Region Forecast 2019-2030 

Engine Oil Additives Market size was valued at US$ 12.05 billion in 2023 and is anticipated to grow at US$ 15.49 billion in 2030 at a CAGR of 5.2% from 2024-2030. Increasing production of automobiles and demand for conventional and synthetic products are the key factors driving this industry. Over the past years, automotive vehicle sales have shown a constant rise as a result of the growing population and consumer spending capacity. All moving parts in any industry require lubrication mainly used in small electric motor bearings hence lubricant additives used in engine oils are high in demand which will help in expanding the market size of the market. Hence, increasing demand for engine oil additives from automobile industries is fueling the market growth. Engine oil additives are chemical substances that are used to increase the performance of engine oils.

When paired with other additions, additives are chosen for their ability to achieve specific objectives. They're made to function with a specific base oil and for a specific application. Among the most frequent types of functional additives include antioxidants, dispersants, detergents, anti-wear agents, viscosity modifiers, demulsifiers, and extreme-pressure additives. Engine oil's most common end-use application is in automobiles. Engine oil additives are also utilized in a wide range of industrial applications, including metalworking fluids, industrial engine oils, and so on. The global market is surging owing to frequent acquisitions and launches by the market players. For Instance, in Jan 2019, BASF expanded its business by increasing the production capacity of antioxidants for lubricants. The capacity expansions address the growing demand for antioxidants from the increasing number of vehicles in Asia and the increasing global demand for long-life lubricant additives.  

Global Engine Oil Additives Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

5.2%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America

Engine Oil Additives Market Dynamics

Increase in demand for fuel efficient vehicles, implementation of stringent emission norms especially for vehicles, rise in demand for engine oil additives in automobile and machinery industries and high growth in emerging economies are some key factors influencing the market growth. However, factors such as rising demand for battery operated vehicles (BEVs) may restrict the market growth.

Global Engine Oil Additives Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2023

US$ 12.05 billion

Market Size in 2030

US$ 15.49 billion

Market CAGR

5.2%

By Type

  • Anti-Oxidants
  • Dispersants
  • Detergents
  • Corrosion Inhibitors
  • Friction Modifiers
  • Antiwear Additives
  • VI Improvers

By Fuel Type

  • Diesel
  • Gasoline
  • Gas

By End User

  • Passenger car
  • Commercial vehicles
  • Motorcycles
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The engine oil additives market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis

Download Free Sample Report

Frequently Asked Questions

The engine oil additives market was valued at US$ 12.05 billion in 2023 and is anticipated to grow to US$ 15.49 billion in 2030, at a CAGR of 5.2% from 2024-2030.

The market key players are: Afton Chemical BASF SE Croda International Plc. Lucas Oil ProductsInc. Lubrizol Multisol Chevron Corporation Evonik Industries Infineum International Limited. BRB International

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Engine Oil Additives Market Introduction 
2.1.Global Engine Oil Additives Market  - Taxonomy
2.2.Global Engine Oil Additives Market  - Definitions
2.2.1.Type 
2.2.2.Fuel Type
2.2.3.End Users
2.2.4.Region
3. Global Engine Oil Additives Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Engine Oil Additives Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
4.1.  Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Engine Oil Additives Market  By Type , 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. Anti-Oxidants
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Dispersants
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Detergents
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Corrosion Inhibitors
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Friction Modifiers
5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Antiwear Additives
5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. VI Improvers
5.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Global Engine Oil Additives Market  By Fuel Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. Diesel
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Gasoline
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Gas
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Engine Oil Additives Market  By End Users, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
7.1. Passenger car
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Commercial vehicles
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Motorcycles
7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Others
7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Engine Oil Additives Market  By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Engine Oil Additives Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
9.1. Type  Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Anti-Oxidants
9.1.2.Dispersants
9.1.3.Detergents
9.1.4.Corrosion Inhibitors
9.1.5.Friction Modifiers
9.1.6.Antiwear Additives
9.1.7.VI Improvers
9.2.  Fuel Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Diesel
9.2.2.Gasoline
9.2.3.Gas
9.3.  End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Passenger car
9.3.2.Commercial vehicles
9.3.3.Motorcycles
9.3.4.Others
9.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Engine Oil Additives Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Anti-Oxidants
10.1.2.Dispersants
10.1.3.Detergents
10.1.4.Corrosion Inhibitors
10.1.5.Friction Modifiers
10.1.6.Antiwear Additives
10.1.7.VI Improvers
10.2.  Fuel Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Diesel
10.2.2.Gasoline
10.2.3.Gas
10.3.  End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Passenger car
10.3.2.Commercial vehicles
10.3.3.Motorcycles
10.3.4.Others
10.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Engine Oil Additives Market, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Anti-Oxidants
11.1.2.Dispersants
11.1.3.Detergents
11.1.4.Corrosion Inhibitors
11.1.5.Friction Modifiers
11.1.6.Antiwear Additives
11.1.7.VI Improvers
11.2.  Fuel Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Diesel
11.2.2.Gasoline
11.2.3.Gas
11.3.  End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Passenger car
11.3.2.Commercial vehicles
11.3.3.Motorcycles
11.3.4.Others
11.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Engine Oil Additives Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Anti-Oxidants
12.1.2.Dispersants
12.1.3.Detergents
12.1.4.Corrosion Inhibitors
12.1.5.Friction Modifiers
12.1.6.Antiwear Additives
12.1.7.VI Improvers
12.2.  Fuel Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Diesel
12.2.2.Gasoline
12.2.3.Gas
12.3.  End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Passenger car
12.3.2.Commercial vehicles
12.3.3.Motorcycles
12.3.4.Others
12.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Engine Oil Additives Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Anti-Oxidants
13.1.2.Dispersants
13.1.3.Detergents
13.1.4.Corrosion Inhibitors
13.1.5.Friction Modifiers
13.1.6.Antiwear Additives
13.1.7.VI Improvers
13.2.  Fuel Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Diesel
13.2.2.Gasoline
13.2.3.Gas
13.3.  End Users Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Passenger car
13.3.2.Commercial vehicles
13.3.3.Motorcycles
13.3.4.Others
13.4.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Afton Chemical
14.2.2.BASF SE
14.2.3.Croda International Plc.
14.2.4.Lucas Oil ProductsInc.
14.2.5.Lubrizol
14.2.6.Multisol
14.2.7.Chevron Corporation
14.2.8.Evonik Industries
14.2.9.Infineum International Limited.
14.2.10.BRB International
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Afton Chemical
  • BASF SE
  • Croda International Plc.
  • Lucas Oil ProductsInc.
  • Lubrizol
  • Multisol
  • Chevron Corporation
  • Evonik Industries
  • Infineum International Limited.
  • BRB International

Related Industry Reports