Organic friction modifier (OFM) additives are being increasingly used in lubrication of aviation, automobile, energy/ power, rail and industrial components. OFM additives can make a huge difference to the tribological characteristics of the lubricant.
Thus, organic friction modifiers are emerging as essential additives in the lubrication of mechanical components and particularly of automobile engines where performance enhancements are persistently sough-after. In recent years, demand for OFM additives has increased to a significant extent owing to their benefits and superior functionality.
A recent report published by Future Market Insights (FMI) projects that the global organic friction modifier additives market will expand at a CAGR little under 5% during 2022 to 2032, to surpass a valuation of USD 500 Million.
However, greater availability of similar and cost-effective alternatives such as detergent additives, oiliness agents, dispersant additives, corrosion and oxidation inhibitor anti-wear agents among others is expected to hamper the global sales of OFM additives. Besides, fluctuations in oil prices couple with uncertainties regarding upcoming polices in the oil and gas industry continue to pose a threat to the market.
Realising the opportunity, manufacturers are emphasising on capacity expansion and further enhancement of product efficacy. In addition, companies that are operating in the global organic friction modifier additives market are likely to concentrate on collaborations, partnerships, and M&A activities in order to gain competitive advantage.
Market players are likely improve their sales and distribution network by entering into strategic partnerships and joint ventures. At the same time, many of the companies have stepped up efforts towards innovation.
Dow Chemical Company Limited, BASF SE, Multisol Ltd, Eastman Chemical Co., Cargill, Inc., Chemtura Corporation (LANXESS Solutions US, Inc.), International Lubricants Inc.,Celanese Corporation, Croda International Plc, and Afton Chemicals Corporation are among the top companies in the world that manufacture OFM additives.
On the basis of additive type, the global organic friction modifier additives market is segmented into polymers, esters & amides, fatty acids and others. Among these, the polymers segment is expected to hold the top position throughout the forecast period.
By 2017 to end, this segment is expected to command for more than one-fourth share of the global market in terms of revenue. Towards the end of 2022, this segment is estimated to reach a valuation in excess of USD 170 Million, reflecting a steady CAGR.
On the basis of end use, the automobile lubricants segment is expected to retain its dominant position over 2022. The segment currently represents for the largest percentage of revenue share of the global market. During the assessment period, this segment is expected to surge at a CAGR of 4.8% to surpass a market valuation of USD 220 Million. Meanwhile, the industrial lubricants segment is expected to hold the second spot in 2017 and beyond.
Among regions, Asia-Pacific excluding Japan (APEJ) will continue to lead the global organic friction modifier additives market through 2022. In terms of revenue, the region currently represent a significant share of the global market and this trend is expected to continue over the next couple of years. Between 2017 and 2022, the region’s market is projected to soar at an above-average CAGR, and surpass a valuation of USD 150 Million. Demand for OFM additives has also escalated in the region owing to robust industrialization in emerging countries such as China and India.
Also, factors such as higher spending power and proliferation of the OFM additives manufacturing facilities is likely to influence the growth of the market in APEJ. The organic friction modifier additives market in North America is also expected to stay highly lucrative over the forecast period, exhibiting an impressive growth. This is primarily owing to a strong presence of well-establish market players in the region.
TABLE 1 Global Universal Process Controllers Market Value (US$ Mn), 2012-2016
TABLE 2 Global Universal Process Controllers Market Value (US$ Mn), 2017-2022
TABLE 3 Global Universal Process Controllers Market Value (US$ Mn) and Y-o-Y, 2015-2022
TABLE 4 Global Panel Mounted Universal Process Controllers Segment Value (US$ Mn), By Region 2012-2016
TABLE 5 Global Panel Mounted Universal Process Controllers Segment Value (US$ Mn), By Region 2017-2022
TABLE 6 Global Panel Mounted Universal Process Controllers Segment Market Share, By Region 2012-2016
TABLE 7 Global Panel Mounted Universal Process Controllers Segment Market Share, By Region 2017-2022
TABLE 8 Global Panel Mounted Universal Process Controllers Segment Y-o-Y, By Region 2015-2022
TABLE 9 Global Field Mounted Universal Process Controllers Segment Value (US$ Mn), By Region 2012-2016
TABLE 10 Global Field Mounted Universal Process Controllers Segment Value (US$ Mn), By Region 2017-2022
TABLE 11 Global Field Mounted Universal Process Controllers Segment Market Share, By Region 2012-2016
TABLE 12 Global Field Mounted Universal Process Controllers Segment Market Share, By Region 2017-2022
TABLE 13 Global Field Mounted Universal Process Controllers Segment Y-o-Y, By Region 2015-2022
TABLE 14 Global Oil and Gas Segment Value (US$ Mn), By Region 2012-2016
TABLE 15 Global Oil and Gas Segment Value (US$ Mn), By Region 2017-2022
TABLE 16 Global Oil and Gas Segment Market Share, By Region 2012-2016
TABLE 17 Global Oil and Gas Segment Market Share, By Region 2017-2022
TABLE 18 Global Oil and Gas Segment Y-o-Y, By Region 2015-2022
TABLE 19 Global Chemical & Material Segment Value (US$ Mn), By Region 2012-2016
TABLE 20 Global Chemical & Material Segment Value (US$ Mn), By Region 2017-2022
TABLE 21 Global Chemical & Material Segment Market Share, By Region 2012-2016
TABLE 22 Global Chemical & Material Segment Market Share, By Region 2017-2022
TABLE 23 Global Chemical & Material Segment Y-o-Y, By Region 2015-2022
TABLE 24 Global Food & Beverages Segment Value (US$ Mn), By Region 2012-2016
TABLE 25 Global Food & Beverages Segment Value (US$ Mn), By Region 2017-2022
TABLE 26 Global Food & Beverages Segment Market Share, By Region 2012-2016
TABLE 27 Global Food & Beverages Segment Market Share, By Region 2017-2022
TABLE 28 Global Food & Beverages Segment Y-o-Y, By Region 2015-2022
TABLE 29 Global Others Segment Value (US$ Mn), By Region 2012-2016
TABLE 30 Global Others Segment Value (US$ Mn), By Region 2017-2022
TABLE 31 Global Others Segment Market Share, By Region 2012-2016
TABLE 32 Global Others Segment Market Share, By Region 2017-2022
TABLE 33 Global Others Segment Y-o-Y, By Region 2015-2022
TABLE 34 North America Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 35 North America Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 36 North America Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 37 North America Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 38 Latin America Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 39 Latin America Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 40 Latin America Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 41 Latin America Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 42 Europe Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 43 Europe Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 44 Europe Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 45 Europe Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 46 Japan Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 47 Japan Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 48 Japan Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 49 Japan Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 50 APEJ Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 51 APEJ Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 52 APEJ Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 53 APEJ Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 54 MEA Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 55 MEA Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 56 MEA Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 57 MEA Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 58 US Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 59 US Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 60 US Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 61 US Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 62 Canada Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 63 Canada Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 64 Canada Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 65 Canada Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 66 Brazil Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 67 Brazil Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 68 Brazil Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 69 Brazil Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 70 Mexico Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 71 Mexico Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 72 Mexico Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 73 Mexico Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 74 Argentina Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 75 Argentina Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 76 Argentina Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 77 Argentina Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 78 Germany Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 79 Germany Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 80 Germany Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 81 Germany Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 82 UK Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 83 UK Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 84 UK Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 85 UK Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 86 France Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 87 France Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 88 France Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 89 France Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 90 Spain Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 91 Spain Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 92 Spain Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 93 Spain Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 94 Italy Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 95 Italy Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 96 Italy Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 97 Italy Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 98 Nordic Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 99 Nordic Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 100 Nordic Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 101 Nordic Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 102 Japan Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 103 Japan Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 104 Japan Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 105 Japan Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 106 China Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 107 China Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 108 China Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 109 China Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 110 India Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 111 India Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 112 India Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 113 India Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 114 Malaysia Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 115 Malaysia Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 116 Malaysia Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 117 Malaysia Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 118 Thailand Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 119 Thailand Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 120 Thailand Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 121 Thailand Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 122 Singapore Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 123 Singapore Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 124 Singapore Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 125 Singapore Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 126 Australia Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 127 Australia Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 128 Australia Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 129 Australia Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 130 GCC Countries Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 131 GCC Countries Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 132 GCC Countries Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 133 GCC Countries Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 134 South Africa Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 135 South Africa Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 136 South Africa Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 137 South Africa Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 138 Nigeria Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 139 Nigeria Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 140 Nigeria Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 141 Nigeria Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
TABLE 142 Israel Universal Process Controllers Market Value (US$ Mn), By Product Type 2012-2016
TABLE 143 Israel Universal Process Controllers Market Value (US$ Mn), By Product Type 2017-2022
TABLE 144 Israel Universal Process Controllers Market Value (US$ Mn), By Applicaton2012-2016
TABLE 145 Israel Universal Process Controllers Market Value (US$ Mn), By Applicaton2017-2022
FIG. 1 Global Organic Friction Modifier Additives Market Value (US$ Mn), 2012-2016
FIG. 2 Global Organic Friction Modifier Additives Market Value (US$ Mn) Forecast, 2017-2022
FIG. 3 Global Organic Friction Modifier Additives Market Value (US$ Mn) and Y-o-Y, 2015-2022
FIG. 4 Global Polymers Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 5 Global Polymers Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 6 Global Polymers Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 7 Global Fatty Acids Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 8 Global Fatty Acids Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 9 Global Fatty Acids Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 10 Global Esters & Amides Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 11 Global Esters & Amides Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 12 Global Esters & Amides Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 13 Global Others Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 14 Global Others Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 15 Global Others Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 16 Global Automobile Lubricants Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 17 Global Automobile Lubricants Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 18 Global Automobile Lubricants Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 19 Global Industrial Lubricants Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 20 Global Industrial Lubricants Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 21 Global Industrial Lubricants Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 22 Global Aviation Lubricants Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 23 Global Aviation Lubricants Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 24 Global Aviation Lubricants Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 25 Global Energy/ Power Generation Lubricants Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 26 Global Energy/ Power Generation Lubricants Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 27 Global Energy/ Power Generation Lubricants Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 28 Global Rail Lubricants Segment Market Value (US$ Mn) By Region, 2012-2016
FIG. 29 Global Rail Lubricants Segment Market Value (US$ Mn) By Region, 2017-2022
FIG. 30 Global Rail Lubricants Segment Y-o-Y Growth Rate, By Region, 2015-2022
FIG. 31 North America Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2012-2016
FIG. 32 North America Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2017-2022
FIG. 33 North America Organic Friction Modifier Additives Market Value (US$ Mn), By End User2012-2016
FIG. 34 North America Organic Friction Modifier Additives Market Value (US$ Mn), By End User2017-2022
FIG. 35 Latin America Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2012-2016
FIG. 36 Latin America Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2017-2022
FIG. 37 Latin America Organic Friction Modifier Additives Market Value (US$ Mn), By End User2012-2016
FIG. 38 Latin America Organic Friction Modifier Additives Market Value (US$ Mn), By End User2017-2022
FIG. 39 Europe Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2012-2016
FIG. 40 Europe Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2017-2022
FIG. 41 Europe Organic Friction Modifier Additives Market Value (US$ Mn), By End User2012-2016
FIG. 42 Europe Organic Friction Modifier Additives Market Value (US$ Mn), By End User2017-2022
FIG. 43 Japan Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2012-2016
FIG. 44 Japan Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2017-2022
FIG. 45 Japan Organic Friction Modifier Additives Market Value (US$ Mn), By End User2012-2016
FIG. 46 Japan Organic Friction Modifier Additives Market Value (US$ Mn), By End User2017-2022
FIG. 47 APEJ Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2012-2016
FIG. 48 APEJ Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2017-2022
FIG. 49 APEJ Organic Friction Modifier Additives Market Value (US$ Mn), By End User2012-2016
FIG. 50 APEJ Organic Friction Modifier Additives Market Value (US$ Mn), By End User2017-2022
FIG. 51 MEA Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2012-2016
FIG. 52 MEA Organic Friction Modifier Additives Market Value (US$ Mn), By Additive Type2017-2022
FIG. 53 MEA Organic Friction Modifier Additives Market Value (US$ Mn), By End User2012-2016
FIG. 54 MEA Organic Friction Modifier Additives Market Value (US$ Mn), By End User2017-2022
The growth outlook for the organic friction modifier additives market is predicted to advance at a CAGR of 5% from 2022-to 2032.
The Asia-Pacific regions are anticipated to represent the largest share of the organic friction modifier additives market during the forecast period.
The organic friction modifier additives market is likely to hold a valuation of USD 814.45 million by 2032.
The automobile lubricant industry sector is likely to remain the key driver in the organic friction modifier additives market.
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Organic Friction Modifier Additives Market
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