Europe Lubricants Additive Market Size, Share, Growth, Trends, and Industry Analysis: By Product Type, By Application, and Region Forecast 2020-2031

Europe Lubricants Additive Market Size, Share, Growth, Trends, and Industry Analysis: By Product Type (Dispersants, Viscosity index improvers, Detergents, Anti-wear agents, Antioxidants, Corrosion inhibitors, Friction modifiers, Emulsifiers, Others), By Application (Automotive Lubricant, Industrial Lubricants), and Region Forecast 2020-2031

Europe Lubricants Additive Market size was valued at US$ 3,412.9 million in 2024 and is expected to reach US$ 4,431.1 million by 2031, growing at a significant CAGR of 3.8% from 2025-2031. The market report gives comprehensive outlook on Lubricants Additive market across the different countries of Europe such as Germany, UK, France, Russia, Spain, Italy, and Rest of Europe. The report on market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application and country. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition.

The enhancement in durability allows effective use of energy resources, provides capabilities to employ alternative fuels, and maintains low levels of exhaust emissions. The use of environment-friendly fuels, including renewable fuels, in both automotive and industrial engines, is expected to drive the demand for lubricant additives over the forecast period.   However, higher drain intervals for high-grade lubricants inhibit the market growth owing to lubricant solutions with decreased maintenance costs and servicing. In addition, the fluctuations in the lubricant market are responsible for the relatively low growth rate of the world lubricant additives market. Europe lubricant additives market is characterized by the presence of a large number of players. Companies are thriving on various applications of tactics such as merger, acquisition, product launches, and others. For instance, Italmatch Chemicals is planning to acquire Afton Chemical’s metalworking fluid business which can prove beneficial for the former’s portfolio and help in further expansion. Lanxess, meanwhile, manages to take over Chemtura which will boost its additives market. Blenders have significantly invested in R&D for developing superior products that adhere to environmental regulations as well as consumer expectations. Since additives play a significant role in base oil blending and subsequent formulations as they are critical materials in improving specification and performance of oils. The trend as stated above has had an enormous impact on the industry’s development over the past and is expected to continue driving the Europe lubricant additives market.

Dynamics

The lubricant additives market is being driven mainly by high growth in the developing nations along with efforts toward fuel economy. In order to achieve fuel economy, extensive research is being done to improve lubricant additive properties and characteristics to comply with the technological changes in modern engines and accessories. Increasing marine and aviation transportation, growing automotive industry, and improved emission regulations in conjunction with fuel economy standards are driving the lubricant additives market growth.

Europe Lubricants Additive Market Segmentation Analysis

Report Benchmarks

Details

Market Size in 2024

US$ 3,412.9 million

Market Size in 2031

US$ 4,431.1 million

By Product Type

  • Dispersants
  • Viscosity index improvers
  • Detergents
  • Anti-wear agents
  • Antioxidants
  • Corrosion inhibitors
  • Friction modifiers
  • Emulsifiers
  • Others

By Application

  • Automotive lubricants
  • Industrial lubricants

Key Features of the Report

  • The Europe lubricants additive market report provides granular level information about the market size, regional market share, historic market (2020 to 2024) and forecast (2025 to 2031)
  • The report covers in-detail insights about the competitors 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 startup’s details that are actively working in the market
  • The report provides 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 Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Download Free Sample Report

Frequently Asked Questions

The Europe lubricants additive size was valued at US$ 3,412.9 million in 2024 and is expected to reach US$ 4,431.1 million by 2031, growing at a significant CAGR of 3.8% from 2025-2031.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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 Europe Lubricants Additive Market Introduction 
2.1.Global Europe Lubricants Additive Market  - Taxonomy
2.2.Global Europe Lubricants Additive Market  - Definitions
2.2.1.Product Type
2.2.2.Application
3.Global Europe Lubricants Additive 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 Europe Lubricants Additive 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 Europe Lubricants Additive Market  By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. Dispersants
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. Viscosity index improvers
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. Anti-wear agents
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. Antioxidants
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. Corrosion inhibitors
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. Friction modifiers
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 
5.8. Emulsifiers
5.8.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
5.9. Others
5.9.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.9.3. Market Opportunity Analysis 
6.Global Europe Lubricants Additive Market  By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. Automotive lubricants
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. Industrial lubricants
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 
7. Competition Landscape
7.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
7.2.1.Chevron Corp
7.2.2.Afton Chemical Corporation
7.2.3.The Lubrizol Corporation
7.2.4.Infineum International Limited
7.2.5.BASF SE
7.2.6.BRB International BV
7.2.7.Wuxi South Petroleum Additive Co.
7.2.8.Croda Lubricants
7.2.9.DOG Chemie
7.2.10.Dorf Ketal
7.2.11.Dover Chemical
7.2.7.Eni SpA.
7.2.13.Evonik Industries AG
7.2.14.Jinzhou Kangtai Lubricant Additives Co. Ltd
7.2.15.King Industries Inc.
8. Research Methodology 
9. Appendix and Abbreviations 

Key Market Players

  • Chevron Corp
  • Afton Chemical Corporation
  • The Lubrizol Corporation
  • Infineum International Limited
  • BASF SE
  • BRB International BV
  • Wuxi South Petroleum Additive Co.
  • Croda Lubricants
  • DOG Chemie
  • Dorf Ketal
  • Dover Chemical
  • Eni SpA.
  • Evonik Industries AG
  • Jinzhou Kangtai Lubricant Additives Co. Ltd
  • King Industries Inc.

Related Industry Reports