ZDDP Additives Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Primary Alkyl Zinc Dialkyldithiophosphates and Secondary Alkyl Zinc Dialkyldithiophosphates), By End Use (Automotive, Industrial), and Region

ZDDP Additives Market size value US$ 2.62 billion in 2022 and is expected to reach US$ 2.82 billion by 2029, at a CAGR of 1.4% from 2023-2029. The ZDDP additive market is also known as the Zinc Dialkyldithiophosphates Additive market. Zinc is linked to dialkyldithiophosphoric acid in this class of coordination molecules. In non-polar solvents, lubricating oil, and metals, ZDDP additives are very soluble. The zinc oxide slurry is made by combining zinc oxide with processing oil in equal parts. To make the finished version, the slurry is heated, then filtered, and diluted with processing oil. Corrosion inhibitors, enzymes, anti-wear additives, improved hydrolytic stability, and poor thermal stability are among the qualities of these additives. ZDDP is primarily employed in the automobile industry, particularly in engine and component manufacture, as well as in the major industrial countries. The additives are widely used in the construction of electric vehicles.

Furthermore, The ZDDP additive is commonly utilized in all lubricating oil in the auto market. In 2018, the category dominated the market, contributing to over 80% of the revenue market share. This can be attributed to ZDDP's application in various fields. It's used as an anti-wear agent, a moderate intense pressure agent, and an oxidation and corrosion regulator, among other things. The global ZDDP Additives Market is predicted to rise in response to the rising demand for additives to extend engine shelf life, as well as the need to reduce emissions and a fast-growing population. Furthermore, the increasing number of automobiles on the road around the world is a major driver driving demand over the projection period.

Additionally, aspects such as rising purchasing power, strict government regulations to control car emissions, and rising demand for electric vehicles are expected to propel market expansion. The issue of corrosion, the accessibility of replacements, and the high cost, on the other hand, are potential market restrictions. Technology developments and untapped potential in emerging markets, on the other hand, provide attractive growth chances. 

Zddp Additives Market Key Development:

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