COVID-19 Impact on Friction Modifiers Market, Global Research Reports 2020-2021

In this report, the COVID-19 Impact on Friction Modifiers market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. COVID-19 Impact on Friction Modifiers market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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Friction modifiers are added to lubricants in order to reduce friction and wear in machine components. They are particularly important in the boundary lubrication regime, where they can prevent solid surfaces from coming into direct contact, substantially reducing friction and wear.
The Asia Pacific region is the largest market for friction modifiers and is expected to continue leading the market till 2022. The growth of the Asia Pacific friction modifiers market can be attributed to the recognition of countries such as China, Japan, South Korea, and India as automotive hubs.

This report provides a complete quantitative data and qualitative analysis on the global market for Friction Modifiers. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Friction Modifiers was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Friction Modifiers is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Friction Modifiers, including the following market information:
Global Friction Modifiers Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Friction Modifiers Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Friction Modifiers Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K MT)
Global Friction Modifiers Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K MT)
Key market players
Major competitors identified in this market include Lubrizol, Afton Chemical, Infineum, Chevron Oronite Company, Croda, BASF, Lanxess, Kings Industries, BRB International, Vanderbilt Chemicals, CSW Industrials, Abitec, Wynn’s, Adeka, Archoil, Multisol, PMC Biogenix, Nyco, Akzonobel, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Organic Modifiers
Inorganic Modifiers
Others
Based on the Application:
Transportation Lubricants
Industrial Lubricants

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