Frequently asked questions
In 2022, the global Zinc Dialkyldithiophosphates Additive Market is expected to be worth USD 3124.8 million.
The Zinc Dialkyldithiophosphates Additive Market is estimated to increase at a CAGR of 2.50% between 2023 and 2030, reaching USD 3807.2 Million in 2030.
The automotive category will lead the market in 2022
High demand from the industries is Industrial Machinary.
Engine oils have the highest compound annual growth rate (CAGR) in the market
The North American market accounted for 45.80% of the total
The top players include Afton, Chevron Oronite, Infineum, Chevron, AMSOIL, Lubrizol, Prasol, Camguard, BASF
The primary market drivers include rising demand for high-performance lubricants, technological developments driving product innovation, and rising market penetration in emerging markets.
The primary market restraints include a shift toward ecologically friendly alternatives, stringent laws and environmental concerns, and challenges in adjusting to sustainability criteria.
The significant opportunities in the market include chances in sustainable and bio-based materials, the potential for industrial collaborations and partnerships, and rising awareness of the need of engine protection.