Friction and leak-reducing additives in oil Market - Demand, Size, Trends, and Forecast 2015 – 2023

1. Transparency Market Research Single User License: USD 4315.5  Flat 10% Discount!!  Free Customization as per your requirement  You will get Custom Report at Syndicated Report price  Report will be delivered with in 15-20 working days Friction and leak-reducing additives in oil Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 - 2023 Request Sample Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com Buy Now

2. REPORT DESCRIPTION With the influx of advanced machines and tools in the industrial sector to achieve efficiency in their performance, the need for lubricants for these machines and tools to produce desired output also arises. A lubricant is a thin film that minimizes friction between moving metal parts by preventing metal-to-metal contact. The application of lubricants to ease out the movement of machine parts is not new and has been there before the dawn of Iron Age. However with complexities present in the modern machineries, use of additives in lubricants to improve their properties is a must. Browse Market Research Report: http://www.transparencymarketresearch.com/friction-leak-reducing- additives-oil-market.html A base fluid together with an additive package constitutes a lubricant. The main function of the base fluid is to lubricate and carry additives. Additives are added either to improve an existing property or to add a new property to the base fluid. The already existing properties include viscosity index, viscosity, oxidation resistance and pour point. The new properties which are added may include friction reduction, leak reduction, cleaning and suspending ability, corrosion control and anti-wear performance. A friction additive is used to reduce the friction between the moving metal parts. It functions by forming a durable low resistant lubricant film as it is absorbed on the metal surface via association with the base fluid. Common materials such as molybdenum compounds, long chin fatty acids and their derivatives can be used as additives to inhibit friction in oil. In addition to minimizing friction, these additives also help in reducing wear at low temperatures and enhance fuel efficiency. The aging of machine parts causes them to wear. At higher operating temperatures the thickened grease matrix gets destroyed thus resulting in oil leakage into the combustion chamber via other machine parts and get burned away with the fuels. Oil leakage also causes

3. contamination of the lubricants. Hence, leak reducing additives are required that would prevent softening of the lubricant under high shear or at high operating temperatures. Chemical compounds used as leak reducing additives in oil are long chain, high molecular weight polymers. Amidst the declining oil prices the friction and leak-reducing additives market is expected to grow in order to fast growing demands of the industries, especially the automotive industry among others. The key drivers for such market to develop are the abilities of the additives to improve fuel efficiency and ensure prolonged lifetime of the machineries. Furthermore, the frequent amendments in the emission norms around the globe may also contribute to such lubricant additives market to progress in the coming years. The stagnant demand for high end gasoline by the industries and huge investment involved in the research and development of such additives may intervene in such market development. Get accurate market forecast and analysis on the Friction and leak-reducing additives in oil market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=5159 Asia pacific is expected to be the largest market for friction and leak reducing additives market in the coming years as it is the global manufacturing hub of the world. Especially emerging economies like China and India maintaining their low cost of production may be attractive for the additives market to develop. Additionally the revised emission norms in these nations may also call for increased usage of friction and leak reducing additives, thus leading to such market to progress. North America and Europe are expected to follow Asia Pacific in such market growth. Europe is predicted to experience slow growth due to its economic slowdown. The Middle East and Africa are also projected towards slow growth of the lubricant additives market owing to ongoing political unrest over there.

4. The lubricant additives market is segmented based on products such as grease, mineral oil, bio-based oil, and synthetic oil. Grease is formed by adding a thickener at apt proportion to the mixture of base oil and additives. A mineral oil lubricant uses mineral oil derived from crude oil as the base fluid. In synthetic oil lubricant synthetic oil containing synthetic hydrocarbons such as polyester, di-ester and many others is used as a base fluid. Bio-based oil used as a base fluid in bio-based oil lubricant. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward- looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/