Driving Growth: The Rise of Friction Modifier Additives in the Booming Automotive Industry

From 2018 to 2022, the global friction modifier additives market size experienced moderate growth, with a CAGR of approximately 3.2%. This expansion was driven by the increasing use of these additives across various new end-use sectors and industries. Traditionally, friction modifier additives have been extensively applied in aviation lubricants to enhance engine performance and fuel …

Global Friction Modifier Additives Market Surges with Rising Automotive Production and Energy Efficiency Focus

From 2018 to 2022, the global friction modifier additives market size experienced moderate growth, with a CAGR of approximately 3.2%. This expansion was driven by the increasing use of these additives across various new end-use sectors and industries. Traditionally, friction modifier additives have been extensively applied in aviation lubricants to enhance engine performance and fuel …

North America friction modifiers market will grow at 4.1% CAGR and reach US$ 453.4 Mn market by 2027

Future Market Insights’ newly published market report, “Friction Modifier Additives Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,” examines the Friction Modifier Additives Market and provides a revised forecast of the global market for the 10 year period 2017 – 2027. The estimated value of the global Friction Modifier Additives …