Global Lubricating Oil Additives Market worth US$ 25.8 Billion 2029 with a CAGR of 4.3 % The report "Global Lubricating Oil Additives Market, By Functional Type (Dispersants, Detergents, Anti-Oxidants, Anti-Wear Agents, Extreme Pressure Additives, and Viscosity Index Improvers), By Application (Engine Oil, Gear Oil, Process Oil, Industrial Oil, Hydraulic Fluid, and Metalworking Fluid), By Sector (Automotive and Industrial), and Region - Global Forecast to 2029" Global lubricating oil additives market is projected to grow from US$ 17.6 billion in 2020 to US$ 25.8 billion by 2029. This is attributed to increasing adoption of lubricating oil additives from automotive industry. Furthermore, lubricating oil additives have potential to improve the mechanical efficiency of internal combustion engines which in turn propels the global lubricating oil additives market. Link: https://www.prophecymarketinsights.com/market_insight/Global-Lubricating-Oil-Additive-Market-3185