FRICTION MODIFIER ADDITIVES MARKET GLOBAL ANALYSIS OF KEY MANUFACTURERS, DYNAMICS & FORECAST 2020-2026

A new research study offering a comprehensive analysis on the Global FRICTION MODIFIER ADDITIVES MARKET where user can benefit from the complete market research report with all the required useful information about this market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. The report discusses all major market aspects with expert opinion on current market status along with historic data. This market report is a detailed study on the growth, investment opportunities, market statistics, growing competition analysis, major key players, industry facts, important figures, sales, prices, revenues, gross margins, market shares, business strategies, top regions, demand, and developments.

Global Friction Modifier Additives Market was valued at USD 1,254.5 Million in 2016, and is set to grow at CAGR of 4.2% over forecast period 2020-2026. Growing requirements for extended hardware durability, rising demand for fuel-efficient lubricants and variations in transmission fluids and temperatures are the key factors propelling the market growth.