The Global Lubricating Oil Additive Market was valued at USD 16.66 Billion in 2022 and is projected to reach USD 19.59 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.3% during the forecast period (2024–2030). This steady growth is underpinned by stringent environmental regulations, the rising demand for high-performance lubricants in the automotive and industrial sectors, and the ongoing global push for energy efficiency and extended equipment lifecycles.

As industries worldwide strive for greater operational efficiency and sustainability, the critical role of lubricant additives in enhancing fuel economy, reducing emissions, and protecting machinery has never been more important. In this blog, we profile the Top 10 Companies in the Lubricating Oil Additive Industry—a group of chemical giants and specialized formulators that are shaping the future of lubrication technology.

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🔟 1. The Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: Comprehensive portfolio including viscosity modifiers, dispersants, detergents, and anti-wear additives

A Berkshire Hathaway company, Lubrizol is a dominant global leader in the lubricant additives market. The company specializes in developing advanced chemical technologies that enhance the performance of engine oils, transmission fluids, and industrial lubricants for a wide range of applications.

Innovation and Sustainability Focus:

• Pioneering low-viscosity engine oil technologies for improved fuel economy

• Development of additives for biodegradable and bio-based lubricants

• Strong R&D focus on meeting evolving OEM specifications and emission standards

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Lubricanting Oil Additive Market – View in Detailed Research Report

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9️⃣ 2. Infineum

Headquarters: Milton Hill, United Kingdom
Key Offering: Additive packages for passenger car motor oils, heavy-duty diesel oils, and driveline fluids

Formed as a joint venture between ExxonMobil and Shell, Infineum is a major global player with a strong technological foundation. The company is renowned for its innovative solutions that address the complex challenges of modern engines and machinery.

Innovation and Sustainability Focus:

• Leading advancements in additive chemistry for next-generation low-SAPS (Sulphated Ash, Phosphorus, Sulphur) formulations

• Focus on additives that enable extended drain intervals and enhanced hardware protection

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8️⃣ 3. Chevron Oronite

Headquarters: San Ramon, California, USA
Key Offering: Additives for engine oils, gear oils, and transmission fluids

Chevron Oronite is a key subsidiary of Chevron Corporation, specializing in the development, manufacturing, and marketing of lubricant and fuel additives. The company has a significant global presence with manufacturing facilities in the Americas, Europe, and Asia.

Innovation and Sustainability Focus:

• Investment in high-performance additive packages for gas engine oils and renewables

• Commitment to developing solutions that support lower carbon emissions

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7️⃣ 4. Afton Chemical Corporation

Headquarters: Richmond, Virginia, USA
Key Offering: Additives for automotive, industrial, and driveline applications

Afton Chemical, a part of NewMarket Corporation, is a leading global supplier of petroleum additives. The company offers a broad portfolio of chemical compounds that improve the performance of lubricants and fuels across diverse markets.

Innovation and Sustainability Focus:

• Development of advanced hydraulic fluid additives and metalworking fluid additives

• Focus on formulating additives compatible with new engine designs and alternative fuels

Download FREE Sample Report:
Lubricanting Oil Additive Market – View in Detailed Research Report

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6️⃣ 5. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: A wide range of lubricant additives including antioxidants, corrosion inhibitors, and detergents

BASF’s fuel and lubricant solutions division is a significant force in the additives market, leveraging the company’s vast expertise in chemical manufacturing. They provide essential components that formulators use to create high-performance finished lubricants.

Innovation and Sustainability Focus:

• Strong emphasis on developing additives for sustainable lubricants, including those for electric vehicle applications

• R&D into high-temperature stability and oxidation inhibition technologies

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5️⃣ 6. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Specialty additives, including polyisobutene-based viscosity modifiers and synthetic base fluids

Evonik is a global specialty chemicals company with a strong portfolio of high-performance additives for the lubricants industry. Their products are critical for enhancing the properties of lubricants used in demanding conditions.

Innovation and Sustainability Focus:

• Expertise in synthetic lubricants and high-performance polyalkylene glycols (PAGs)

• Development of environmentally acceptable lubricants (EALs) for sensitive ecosystems

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4️⃣ 7. LANXESS AG

Headquarters: Cologne, Germany
Key Offering: Additives such as rust and corrosion inhibitors, extreme pressure (EP) additives, and antitrust emulsifiers

LANXESS is a leading specialty chemicals company that supplies essential additives to the lubricants industry, particularly for industrial applications like metalworking and gear oils.

Innovation and Sustainability Focus:

• Focus on metalworking fluid additives that improve operational efficiency and worker safety

• Development of halogen-free and sustainable additive solutions

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3️⃣ 8. Croda International Plc

Headquarters: Snaith, United Kingdom
Key Offering: Bio-based and synthetic lubricant additives, including esters and corrosion inhibitors

Croda is a specialty chemical company known for its focus on sustainable, bio-based ingredients. Their Industrial Chemicals division provides high-performance additives derived from natural feedstocks.

Innovation and Sustainability Focus:

• Leadership in creating additives from renewable sources, reducing dependency on petrochemicals

• Development of additives that enhance the biodegradability and eco-toxicity profile of lubricants

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2️⃣ 9. BRB International BV

Headquarters: Silvolde, Netherlands
Key Offering: Specialty additives for lubricants and fuels, including pour point depressants and metal deactivators

BRB International is a globally recognized specialist in additives for lubricants, metals, and fuels. The company is known for its tailored solutions and strong technical service support.

Innovation and Sustainability Focus:

• Expertise in silicone-based antifoam agents and other performance-enhancing additives

• Commitment to developing products that meet stringent environmental and regulatory standards

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1️⃣ 10. Jinzhou Kangtai Lubricant Additives Co., Ltd.

Headquarters: Jinzhou, Liaoning, China
Key Offering: A wide range of lubricant additives including detergents, dispersants, and anti-wear agents

As one of the leading additive suppliers in China, Jinzhou Kangtai plays a crucial role in the Asia-Pacific market. The company has a significant manufacturing base and supplies additives to both domestic and international lubricant blenders.

Innovation and Sustainability Focus:

• Expanding production capacity to meet growing regional demand

• Focus on cost-effective additive solutions for emerging markets

Get Full Report Here:
Lubricanting Oil Additive Market – View in Detailed Research Report

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🌍 Outlook: The Future of Lubricating Oil Additives is Smarter and More Sustainable

The lubricating oil additive market is undergoing a significant transformation. While traditional additives continue to dominate, the industry is heavily investing in next-generation chemistries that support sustainability, electrification, and digitalization.

📈 Key Trends Shaping the Market:

• Rising demand for low-viscosity engine oils to improve fuel economy and reduce CO2 emissions

• Development of specialized additives for hybrid and electric vehicle fluids

• Increasing stringency of global emission regulations (e.g., Euro 7, China 6)

• Growing adoption of bio-based and environmentally acceptable lubricants

Get Full Report Here:
Lubricanting Oil Additive Market – View in Detailed Research Report

The companies listed above are not only supplying essential chemicals—they are enabling the efficiency and sustainability of modern industry.