Market Trends: Friction Modifier Additives Industry Expected to Reach US$ 2,464.7 Million by 2033, with a CAGR of 3.2%

The historical period from 2018 to 2022 saw moderate expansion in the sales of friction modifier additives industry globally, with a CAGR of about 3.2%. This growth resulted from friction modifier additives being used more often across various new end-use sectors and industries. Traditionally, friction modifier additives find extensive application in aviation lubricants, aiding in better engine …