Oil additives are chemical compounds that improve the lubricant performance of base oil or oil base stock. Chevron oronite s headquarters is located in san ramon, california, usa 94583. Two new mcl and two new tpeo products will be part of the portfolio to address the entire range of fuel scenarios from compliant fuel to heavy fuel oil in combination with scrubbers. Advanced, quality fuel additive chemistries bringing proven value to fuel marketers. A formulated oil will often have koh potassium hydroxide, a strong base, in small amounts, as it is an effective neutralizer used in refining petroleum. Neil canter contributing editor ec t special report use. Lubricant additives market size, market share, market. A section is devoted to the use and benefits of lubricant. North america lubricant additives market by manufacturers. Lubricating oil additive composition and method of making the.
Our products are designed to help enhance the performance and extend the life of many types of transportation and industrial. As a leader in marine lubricant additive technology, chevron oronite leverages relationships with original equipment manufacturers and monitors key industry trends in the marketplace. Lubricant additives help provide the performance necessary for efficient operation and prolonged engine life. Chevron oronite adding up in marine lubricant additives. Chevron oronite manufactures and markets fuel and lubricant additives and chemicals. Alkaline additives are used to neutralize the acids mentioned previously, and also help prevent the formation of sulfates in a working oil. Table of contents 2017 top 5 lubricant additives manufacturersplayers in north america, europe, asiapacific, south america, middle east and africa 1 lubricant additives market overview 1. The document includes a systematic description of the chemistry of each additive, its purpose and its mode of action in its selected application. Chevron oronites headquarters is located in san ramon, california, usa 94583. Additives that perform a similar function in a motor oil include magnesium and calcium sulphonates. Oronite additive systems for driveline fluids, specifically thfs, to4 fluids, and gear oils, provide outstanding protection and performance.
Dec 26, 2019 market insight reports via comtex according to this study, the overall lubricating oil additives market browse description and toc is expected to. Lubricant additives refer to the additives chemicalproduct used in the. Chevron oronite to unveil four new additive packages in. The automotive crankcase lubricant additive business all automotive crankcase lubricants need additives, at total concentrations as sold of typically 10 30%. Additives for gear oils, transmission fluids and offhighway fluids, covering all on and off road applications. May 17, 2016 as a leader in marine lubricant additive technology, chevron oronite leverages relationships with original equipment manufacturers and monitors key industry trends in the marketplace. Petroleum additives product approval code of practice1 purpose this code of practice will help ensure that a particular engine lubricant meets its performance specifications. What makes us so different is the special way we involve ourselves in.
Our business unit is comprised of numerous indirect, whollyowned subsidiaries of chevron corporation. Lubricant additives market report is a syndicated report for investors and manufacturer to understand market demand, growth, trends and factor influencing market in upcoming years. Combination of different additives and their quantities are determined by the lubricant type engine. Chevron oronites lubricant additives manufacturing facility in singapore is its largest in asia, developing and marketing quality additives that improve the performance of fuels and lubricants. The manufacturer of many different oils can utilize the same base stock for each formulation and can choose different additives for each specific application. Global lubricant additives market 2016 share, trend. In response to imo 2020, oronite recognized the need to develop a new 40 bn marine cylinder lubricant additive solution to match the new lower than 0. Each additive is selected for its ability to perform one or more specific functions in combination with other additives.
Lubricant additives market research report is about lubricant additives industry study. Our innovative solutions provide customers with performance you can rely on. Oxidation leads to increased viscosity and deposit formation. Chevron oronite sells quality additives that improve the performance of lubricants and fuels. In addition, the us market gained the confidence off over 120 us lubricant blenders that proved that our technology and systems compare to those of the major 4. Global lubricating oil additives market insights 2019 lubrizol, chevron oronite, afton chemical, infineum, evonik industries apexreports january 28, 2020 apex market research provides market research reports from more than four years. Electronic pdf the global lubricant additives market is expected to reach usd 18. We think globally and are committed to making a difference. Global lubricating oil additives market newest research.
We test our additives extensively in the lab and in the field under realworld conditions, and we help our customers differentiate and succeed through trusted expertise, testing confidence, global supply and independent strength. Chevron oronites singapore facility is one of the companys. Additives are substances formulated for improvement of the antifriction, chemical and physical properties of base oils mineral, synthetic, vegetable or animal, which results in enhancing the lubricant performance and extending the equipment life. Nov 19, 2019 in the lubricant additives market enterprises, the main suppliers are lubrizol, infineum, chevron oronite and afton, the four suppliers occupied more than 85% production share in 2016. Lubricating oil additives loas are used to enhance the performance of lubricants and functional fluids. Lubricating oil additive composition and method of making. Additives comprise up to 5% by weight of some oils. Factors influencing lubricant functions thermal and oxidative stability is imperative ii3 lubricating oil additives market. Afton chemical, chevron oronite, infineum, and lubrizol are among the companies that offer additives for. In everything we do, we always work to the highest ethical values. Global lubricant additives market 2017 top 5 manufacturers. Sep 24, 2018 oxidation is accelerated by heat, light, metal catalysts, and the presence of water, acids, or solid contaminants. Stringent regulations regarding the permissible amount of carbon emission in the atmosphere are expected to remain a key driving factor for global lubricant additives market.
We develop products that play an essential role in the proven performance of finished lubricants. Our lubricant additives are blended into refined base oils to produce finished lubricants used in cars, trucks, buses, ships, tractors, locomotives, motorcycles, and a variety of industrial equipment. Chevron oronite competitors, revenue and employees owler. Chevron oronite is a worldclass developer, manufacturer and marketer of lubricant and fuel additives and chemicals.
Lubricating oil additives market 2019 precise outlook. During that time we have developed a unique way of doing things that gives our customers so much more than our leadingedge chemistry. Global lubricant additives market 2017 top 5 manufacturers in. High demand for passenger cars in china, south and southeast asia along with a robust lubricant aftermarket sale is expected to complement the regional demand. Soluble in petroleum and synthetic lubricant bases. The global lubricating oil additives market is primarily driven by the growth in the automotive industry. Lubricant additives are organic or inorganic chemical compounds, which are either dissolved or suspended in lubricants and functional fluids to improve their performance. Oronite products combine innovative technology and the latest research to help maximize the reliability, efficiency and life of engines. Global lubricating oil additives market insights 2019. Petroleum additives product approval code of practice. With our expansion on the global market, ipac has made great strides in.
Upgrading worldwide lubricants markets lubrizol additives 360. Oronite announces senior leadership changes introducing oloa 48027 and oloa 48028, newly formulated trunk piston engine oil additive packages new technology platform for dual fuel engines. Lubricating oil additives specialty chemicals update. May 12, 2015 an oilsoluble lubricating oil additive composition comprising a at least 3. Chevron oronite chevron oronite sells quality additives that improve the performance of lubricants and fuels. Upgrading worldwide lubricants markets lubrizol additives. Our lubricant additives are blended into refined base oils to produce finished lubricants used in cars, trucks, buses, ships, tractors, locomotives, motorcycles and a variety of industrial equipment. Global lubricating oil additives market newest research report in pdf with forecast 20202029. Oxidation is accelerated by heat, light, metal catalysts, and the presence of water, acids, or solid contaminants. This industry study presents historical demand 2007, 2012, and 2017 and forecasts for 2022 by product deposit control additives, viscosity modifiers, antiwear and extreme pressure additives, friction modifiers, antioxidants, corrosion inhibitors, emulsifiers, and other lubricant additives and by market automotive engine oils and transmission and other automotive lubricants. Lubricant additives market competitive research and precise. Neil canter contributing editor ec t special report. This overview discusses how lubricant developers, lubricant marketers, and oems are working with the engine community to overcome performance challenges worldwide. Global lubricant additives market is highly concentrated in nature with chevron oronite.
Afton chemical afton chemical have been working in the lubricant additives marketplace for over 90 years. Selected additives are formulated into packages for use with a specific lubricant base stock and for a specified end. Lubrizol corporation, chevron oronite company llc, afton chemical corporation wired release february, 2020 kimberly bryant. Oronite additives acquires exxons paratone viscosity improver. Lubricant additives made by chevron oronite are blended into refined base oils to dissolve deposits, inhibit corrosion, control oxidation and reduce friction. They go through a rigorous array of both inhouse and realworld testing where most of our technologies have millions of hours of proven performance. Lubrizol additives products work for you on the road, every day.
Lubricating oil additives market size industry report 2024. Oct 30, 20 factors influencing lubricant functions thermal and oxidative stability is imperative ii3 lubricating oil additives market. Chevron oronite, a subsidiary of chevron corporation, is a leading developer, manufacturer and marketer of lubricant and fuel additives and chemicals. An oilsoluble lubricating oil additive composition comprising a at least 3. This will be accomplished through the use of specified engine tests, procedures, and recordkeeping. Comprehensively designed to protect all types of engines in a variety of operating environments. Dec 26, 2019 dec 26, 2019 market insight reports via comtex according to this study, the overall lubricating oil additives market browse description and toc is expected to grow at cagr of 2. The larger segment ii3 analysis by functional class ii4. Chevron oronites singapore facility is one of the company. Cereghino, a mechanical engineer q12 years with chevron oronite qraw material component development qproduct formulation qsourcing of third party tolling qtwo cycle formulator qmarineproduct management and formulation qfuel additives product management and formulation. Use and benefits details a wide range of additives employed in pcmo and hdeo oils. Lubricant additives market share industry report, 2024. Oronite goes to work in research and manufacturing centers around the world to create our comprehensive offering of hundreds of components and additive packages.
Exxon agreed to divest its vii business to clear the way for regulatory approval of the planned paramins business unit lubricant and fuel additives joint venture with shell additives. Keywords lubricant aftertreatment compatibility, role of lubricants in fuel economy, boundary friction losses, rheological losses. Its products are designed to help enhance the performance and extend the life of many types of transportation and. These additives are shipped across the region and beyond, to distribution points worldwide, leveraging singapores highly reliable and efficient. In the coming months, oronite will unveil four new additive packages as additions to its marine and powergen system maps product portfolio. Global lubricant additives market is characterized by the presence of a large number of players. In the lubricant additives market enterprises, the main suppliers are lubrizol, infineum, chevron oronite and afton, the four suppliers occupied more than 85% production share in 2016. Box 2449 houston, tx 772522449 united states of america transportation emergency response. Oloa 49835 is the latest addition to oronite s marine and power generation system product portfolio, also referred to as maps. Industry studies custom research focus reports lubricant. We do this in collaboration with over 30 global industry associations to build a product portfolio that meets your needs our product technology extends the life and. Collaboration of codevelopment of hardware is the key to achieving maximum results. Rizzo, president of exxon chemical americas, the new company. This report studies lubricant additives in global market, especially in north america, europe, asiapacific, south america, middle east and africa, focuses on the top 5 lubricant additives players in each region, with sales, price, revenue and market share for top 5 manufacturer, covering lubrizol infineum chevron oronite afton chemtura basf tianhe adeka.
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