Friction modifiers, often referred to as boundary lubrication additives, are oil soluble chemicals used in lube oils as additives for transmissions and internal combustion engines. These lubricants are added to reduce wear and friction in machine components. They are essential in a borderline of lubrication regime, where these help prevent solid surfaces from greasing into each other, thereby reducing friction and wear. Although they signify only a small portion of the total engine oil ... Read more
The global friction modifiers market is foreseen to gain momentum in growth due to its widening scope as a result of the rise of the transportation industry. Increase in the use of lubricants around the world could be one of the vital factors attaining support from the overall growth of the transportation industry. In the near term, market growth is anticipated to increase on the back of swelling demand for friction ... Read more
Technology analysts forecast the global friction modifiers market to grow at a CAGR of nearly 4% during the forecast period, according to their latest market research report.
