Aminic Antioxidants Market

Rising Demand for Fuel Additives and Increasing Production of Lubricants in China and ASEAN Countries to Fuel Demand for Aminic Antioxidants

The aminic antioxidants market report by Persistence Market Research provides information about market volume (Tons) and value (US$ Mn) projections, market trends, dynamics, forecast factors and key developments in the global aminic antioxidants market for the study period 2018 to 2026.

The global aminic antioxidants market was valued at US$ 1,462.0 Mn by 2017 end and is expected to expand 1.2X over the forecast period to reach US$ 1,862.5 Mn by the end of 2026

Increasing Investments in Lubricant Production Facilities to Assist Demand for Aminic Antioxidants

Aminic antioxidants are primarily utilized as fuel and lubricant additives and protect greases and lubricants at high temperatures and also extend engine oil drain intervals. Additives are necessary for lubrication purpose and the continuous use of oil in engines and gearboxes.

In the absence of additives, oil may get contaminated, break down, or leak out and fail to protect the parts of the engine. Thus, with the increase in investments across lubricant production facilities, the consumption of aminic antioxidants is also expected to grow over the forecast period.

Increasing Investments in Lubricant Production Facilities to Assist Demand for Aminic Antioxidants

Aminic antioxidants are primarily utilized as fuel and lubricant additives and protect greases and lubricants at high temperatures and also extend engine oil drain intervals. Additives are necessary for lubrication purpose and the continuous use of oil in engines and gearboxes. In the absence of additives, oil may get contaminated, break down, or leak out and fail to protect the parts of the engine.

Thus, with the increase in investments across lubricant production facilities, the consumption of aminic antioxidants is also expected to grow over the forecast period.

New Product Launches and Expansion of Product Capacities – Key Focus Areas for Aminic Antioxidants Market Players

Prominent market players involved in the production of aminic antioxidants are found to be involved in the expansion of their production capacities and introduction of new products. Moreover, companies are investing in research and development activities in anticipation of new industry standard requirements. For instance, Songwon has recently introduced liquid butylated octylated aminic antioxidants for various applications.

Fuel & Lubricants – A Prominent Application Segment for Aminic Antioxidants

Globally, the aminic antioxidants market has been segmented on the basis of application into plastic processing, rubber processing, food & feed additives, fuel & lubricants and adhesives. In terms of volume, the plastic processing segment is expected to register 1.2X growth over the forecast period.

The consumption of aminic antioxidants as lubricant additives is expected to account for a significant share, supported by surging investments in lubricant production facilities across Asia-Pacific.

Industrial lubricants and engine oils segments collectively are expected to account for more than 2/5th of the overall incremental opportunity created during the forecast period.

China and ASEAN Countries to Steer the Future Outlook of the Global Market

Rising demand for plastic additives and increasing lubricants production, relatively stable economic conditions, and consistent growth in the automotive industry in countries across Asia-Pacific are the key factors expected to assist the demand for aminic antioxidants.

Plastic producers in China are continuously focusing on the cost of plastic products and seldom used plastic additives; however, the demand is catching up. As end-users based in China seek high-quality products, producers are looking to offer such products to stand apart from the competition and meet the growing demand.

In terms of both production as well as consumption, China is anticipated to hold a prominent share in the global aminic antioxidants market. North America is anticipated to register 1.1X growth in terms of value in the global aminic antioxidants market while the Latin America aminic antioxidants market is expected to account for a small share.

Aminic Antioxidants Market – Competitive Landscape

Examples of some of the participants included in this report on the global aminic antioxidants market are Songwon, BASF SE, LANXESS, Addivant, Emerald Performance Materials LLC, Dorf Ketal, King Industries, Inc., Jiyi Chemical Co., Ltd., The Lubrizol Corporation, SOLTEX, Double Bond Chemical Ind. Co., Ltd. and Yasho Industries.

Globally, the aminic antioxidants market is partly fragmented with the top 3 players holding a prominent share in the global market.

The global aminic antioxidants market has witnessed various developments in the recent past. New product launches and production capacity expansions are found to be the key strategies employed by the manufacturers of aminic antioxidants around the globe.

• For instance, in November 2018, Songwon introduced new liquid butylated octylated aminic antioxidants that are suitable for various substrates such as polyols
• In March 2017, BASF announced that it has started building a plant for plastic additives at its Caojing site in China. The plant will produce aminic antioxidants and other antioxidants and is expected to possess an annual capacity of nearly 42,00 tons

Key Questions Answered in the Report

• How has the aminic antioxidants market evolved in the past four years?
• How is the aminic antioxidants market expected to take shape in terms of volume and value during the study period?
• What are the trends and competition developments in the aminic antioxidants market?
• What are the market dynamics in the aminic antioxidants market?
• Which are some of the improvement factors and key challenges for aminic antioxidant market players?
• What are some of the underlying macro-economic and industry factors impacting the growth of the aminic antioxidants market?
• What are the market positioning and strategies of key manufacturers as per the aminic antioxidants market taxonomy?
• How is the competition structured at present and how has it evolved in the aminic antioxidants market over the past few years?

Aminic Antioxidants Market: Segmentation

Attribute	Details
By Form	Liquid Solid Powder
By Product Type	Diphenylamine Nonylated Diphenylamine Octylaed Diphenylamine Butyl/Octyl Diphenylamine Phenyl-Alpha-Napthylamine Phenylene Diamine
By Application	Rubber Processing Plastic processing Food & Feed Additive Adhesives Fuel & Lubricants Industrial Lubricants Greases Engine Oils Hydraulic Fluids Transmission Oils Others
By Region	North America Latin America Europe China Japan South East Asia & Other APAC Middle East & Africa

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