ZDDP Additive Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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ZDDP Additive Market: By Product Type (Primary Alkyl Zinc Dialkyldithiophosphates and Secondary Alkyl Zinc Dialkyldithiophosphates), By End Use (Automotive, Industrial), and Geography.

 

 

 

 

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Report

Description

ZDDP Additive Market was valued at USD 2.8 billion in 2021 and is anticipated to grow at USD 3.2 billion by 2028 recording a CAGR of 1.5% during the forecast period 2022-2028. Zinc Dialkyl Dithiophosphate (ZDDP) is a lubricating oil additive having exceptionally high hydraulic and thermal stability. ZDDP Additive Market is generally used along with other additives such as dispersants, detergents and acid neutralizers in automotive engine oil and industrial lubricants. ZDDP additive provides oxidation, copper-lead bearing corrosion and wear control in diesel and gasoline engines. It is particularly viable under the extreme pressure, severe temperature and load conditions experienced in highly supercharged diesel engines. Invented in 1940s, ZDDP has been the most sought after antiwear additive in use for more than 70 years. During engine operation, ZDDP breaks down and forms a thin solid film that adheres to the metal surfaces preventing intermediate contact. Zinc dialkyldithiophosphates additive, also known as ZDDP additive, is a class of coordination compounds that contains zinc bound to dialkyldithiophosphoric acid. ZDDP additives are soluble in non-polar solvents, minerals, and synthetic oils.  These additives are extensively used in the automobile industry as corrosion inhibitors, antioxidants, and anti-wear additives in hydraulic oils, motor oils, and greases. Zinc dialkyldithiophosphates additive provides enhanced protection to lifter bores, rod bearings, main bearings, and camshaft lobes among others.

Key Development:

In September 2010, Prasol Chemicals Private Limited has been prepared executing EPDM rubber Plant in collaboration with Uniroyal.

 

ZDDP Additive Market

MARKET SUMMARY
-
1.5%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 1.5%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market–North America

ZDDP Additive Market

  • ZDDP Additive Market gives historical, current, and future market sizes (US$ Bn) of product type and distribution channel and geographic regions.
  • Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply.
Key Players
  • Chevron Oronite Company LLC
  • Afton Chemical Corporation
  • The Lubrizol Corporation
  • Mukund Anderson Inc.,
  • Prasol Chemicals Pvt. Ltd.
ZDDP Additive Market Growth

The increasing demand for additives to increase the shelf life of engines along with the need for reduction in emissions is expected to affect the growth of the global ZDDP additive market positively. The growing number of vehicles across the globe is the major factor driving the zinc dialkyldithiophosphates additive market. Moreover, growing purchasing power in the developing economies is expected to contribute considerably to the growth of the zinc dialkyldithiophosphates additive market. Moreover, stringent government regulation to check the emissions from vehicles across the globe is further augmenting the demand for zinc dialkyldithiophosphates additives. However, the growing demand for electric vehicles is a major downside to the growth of the market.


Asia-Pacific Got Significant Share

ZDDP Additive Market

Geographically, ZDDP additive market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific is expected to be the fastest growing region with an expanding CAGR. The increasing personal disposable income has augmented the demand for automobiles in the region, which is substantially contributing to the growth of the market. Moreover, the growing number of vehicles coupled with the adoption of stringent vehicle emission standards is also expected to add to the market growth. North America is a major market of zinc dialkyldithiophosphate and is anticipated to show a moderate CAGR during the forecast period. The presence of major automobile manufacturers namely General Motors, Fiat Chrysler, and Ford, have further augmented the overall demand for zinc dialkyldithiophosphates additive from the automobile industry. Moreover, the presence of stringent regulations mainly in the U.S. and Canada is also anticipated to surge the overall demand for the product.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • 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 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
ZDDP Additive Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

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.


Report

Table Of Content


Report

Company Profile

  • Chevron Oronite Company LLC
  • Afton Chemical Corporation
  • The Lubrizol Corporation
  • Infineum International Limited
  • AMSOIL
  • Rislone CamGuard
  • ZPlus
  • LLC
  • Mukund Anderson Inc.,
  • Prasol Chemicals Pvt. Ltd.

Description

ZDDP Additive Market was valued at USD 2.8 billion in 2021 and is anticipated to grow at USD 3.2 billion by 2028 recording a CAGR of 1.5% during the forecast period 2022-2028. Zinc Dialkyl Dithiophosphate (ZDDP) is a lubricating oil additive having exceptionally high hydraulic and thermal stability. ZDDP Additive Market is generally used along with other additives such as dispersants, detergents and acid neutralizers in automotive engine oil and industrial lubricants. ZDDP additive provides oxidation, copper-lead bearing corrosion and wear control in diesel and gasoline engines. It is particularly viable under the extreme pressure, severe temperature and load conditions experienced in highly supercharged diesel engines. Invented in 1940s, ZDDP has been the most sought after antiwear additive in use for more than 70 years. During engine operation, ZDDP breaks down and forms a thin solid film that adheres to the metal surfaces preventing intermediate contact. Zinc dialkyldithiophosphates additive, also known as ZDDP additive, is a class of coordination compounds that contains zinc bound to dialkyldithiophosphoric acid. ZDDP additives are soluble in non-polar solvents, minerals, and synthetic oils.  These additives are extensively used in the automobile industry as corrosion inhibitors, antioxidants, and anti-wear additives in hydraulic oils, motor oils, and greases. Zinc dialkyldithiophosphates additive provides enhanced protection to lifter bores, rod bearings, main bearings, and camshaft lobes among others.

Key Development:

In September 2010, Prasol Chemicals Private Limited has been prepared executing EPDM rubber Plant in collaboration with Uniroyal.

 

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