The Global Lubricating Oil Antioxygen Market was valued at USD 1.92 Billion in 2025 and is projected to reach USD 2.89 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period (2025–2032). This expansion is driven by tightening emission regulations worldwide, the escalating demand for high-performance lubricants in heavy industries, and the increasing adoption of synthetic lubricants requiring advanced antioxidant packages.

As industrial machinery and automotive engines demand better protection against oxidative degradation, the focus intensifies on the key chemical suppliers developing innovative antioxidant solutions. In this blog, we profile the Top 10 Companies in the Lubricating Oil Antioxygen Industry—a blend of global chemical titans and specialized additive formulators shaping the future of lubricant performance and sustainability.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Irganox® and Irgalube® antioxidant series

BASF SE stands as a global leader in specialty chemicals, offering a comprehensive portfolio of high-performance antioxidants for lubricants. Their additives are critical for preventing oil oxidation, sludge formation, and viscosity increase in engine oils, industrial lubricants, and hydraulic fluids. The company’s strong R&D focus ensures compatibility with the latest lubricant formulations, including low-SAPS (Sulfated Ash, Phosphorus, Sulfur) oils.

Innovation Initiatives:

• Development of multi-functional antioxidant packages for extended drain intervals
• Investment in bio-based antioxidant research and sustainable chemistry
• Global production capacity expansions to meet rising demand in Asia-Pacific

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9️⃣ 2. Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: Antioxidant additives for engine oils, driveline fluids, and industrial lubricants

Lubrizol is a premier supplier of additive technologies for the global lubricant industry. Their antioxidant solutions are engineered to provide superior oxidation control under extreme temperatures and operating conditions. The company’s expertise lies in creating synergistic additive systems that combine antioxidants with other components to maximize lubricant life and equipment protection.

Innovation Initiatives:

• Advanced antioxidant chemistries for next-generation engine oils
• Focus on formulations for electric vehicle drivetrains and thermal management fluids
• Strategic partnerships with major oil and gas companies

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8️⃣ 3. Chevron Oronite

Headquarters: San Ramon, California, USA
Key Offering: OLOA® antioxidant additives

Chevron Oronite is a leading developer, manufacturer, and marketer of lubricant and fuel additives. Their antioxidant products are widely used in passenger car motor oils, heavy-duty diesel engine oils, and industrial lubricants. The company’s Singapore facility expansion in 2024 significantly bolstered its supply capacity for the Asia-Pacific region.

Innovation Initiatives:

• Development of high-stability antioxidants for extended oil drain capabilities
• Focus on cost-effective solutions for emerging markets
• Integration of antioxidant technologies with dispersant and anti-wear additives

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7️⃣ 4. Infineum International Limited

Headquarters: Milton Hill, United Kingdom
Key Offering: Comprehensive antioxidant packages for automotive and industrial lubricants

As a specialty chemicals company created from the merger of ExxonMobil and Shell additives groups, Infineum possesses deep expertise in lubricant antioxidants. The company’s products are designed to meet the stringent requirements of modern lubricant specifications, providing excellent oxidation inhibition while maintaining compatibility with other additive components.

Innovation Initiatives:

• R&D in ashless antioxidant technologies for low-emission applications
• Development of antioxidant systems for high-temperature industrial applications
• Focus on sustainable additive solutions aligned with circular economy principles

Download FREE Sample Report: Global and Regional Lubricating Oil Antioxygen Industry Status and Prospects Professional Market – View in Detailed Research Report

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6️⃣ 5. Afton Chemical Corporation

Headquarters: Richmond, Virginia, USA
Key Offering: HITEC® antioxidant additives

Afton Chemical, a subsidiary of NewMarket Corporation, is a prominent global supplier of lubricant additives. Their antioxidant products are renowned for their effectiveness in preventing oxidative degradation across a wide range of applications, from passenger vehicle engines to heavy industrial equipment. Afton’s technical support and formulation expertise are highly valued by lubricant blenders worldwide.

Innovation Initiatives:

• Development of antioxidant systems for next-generation engine oil categories
• Focus on metal-free antioxidants for environmental compatibility
• Expansion of product portfolio for renewable energy applications

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5️⃣ 6. Songwon Industrial Co., Ltd.

Headquarters: Ulsan, South Korea
Key Offering: Songnox® antioxidant series

Songwon is the second-largest global supplier of polymer stabilizers and a significant player in the lubricant antioxidant market. The company offers a wide range of phenolic and amine antioxidants that provide excellent thermal stability and oxidation resistance. Their competitive pricing and consistent quality make them a preferred supplier for many regional and global lubricant manufacturers.

Innovation Initiatives:

• Expansion of production capacity for phenolic antioxidants
• Development of customized antioxidant blends for specific applications
• Strategic focus on growth in emerging Asian markets

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4️⃣ 7. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Viscoplex® and other additive technologies

Evonik is a leading specialty chemicals company with a strong presence in the lubricant additives market. While offering a broad range of performance additives, their antioxidant solutions are particularly noted for their effectiveness in challenging applications. The company’s focus on innovation drives the development of advanced antioxidant systems for high-temperature and extended-drain applications.

Innovation Initiatives:

• Research into novel antioxidant chemistries for extreme conditions
• Development of multifunctional additives combining antioxidant and other properties
• Emphasis on sustainability through bio-based raw material exploration

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3️⃣ 8. Croda International Plc

Headquarters: Snaith, United Kingdom
Key Offering: High-performance additives including antioxidants

Croda International focuses on specialty chemicals that are increasingly derived from natural, renewable sources. Their approach to lubricant antioxidants emphasizes both performance and sustainability. The company’s products are particularly strong in industrial and specialty lubricant segments where environmental considerations are paramount.

Innovation Initiatives:

• Pioneering work on bio-derived antioxidants from natural sources
• Development of antioxidant systems for biodegradable lubricants
• Focus on additive solutions for the rapidly growing wind energy sector

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2️⃣ 9. King Industries, Inc.

Headquarters: Norwalk, Connecticut, USA
Key Offering: Specialty additives including advanced antioxidants

King Industries is a recognized leader in specialty chemical additives for lubricants and other industrial applications. The company’s antioxidant products are known for their technical sophistication and effectiveness in demanding environments. King Industries often serves niche markets and specialized applications where superior oxidation protection is critical.

Innovation Initiatives:

• Development of high-temperature antioxidants for aerospace and military applications
• Custom antioxidant solutions for specific OEM requirements
• Focus on additive systems with minimal environmental impact

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1️⃣ 10. R.T. Vanderbilt Holding Company, Inc.

Headquarters: Norwalk, Connecticut, USA
Key Offering: Antioxidant and anti-wear additives

R.T. Vanderbilt is a diversified materials company with a long history in the chemical additives business. Their antioxidant products are widely used in industrial lubricants, greases, and metalworking fluids. The company’s strength lies in providing reliable, cost-effective antioxidant solutions backed by extensive technical support and application knowledge.

Innovation Initiatives:

• Development of antioxidant packages for extended-life industrial lubricants
• Focus on additive systems compliant with evolving environmental regulations
• Expansion of product offerings for the rapidly growing Asian market

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🌍 Outlook: The Future of Lubricating Oil Antioxygen Is Smarter and More Sustainable

The lubricating oil antioxidant market is undergoing a significant transformation. While traditional antioxidant chemistries continue to dominate, the industry is increasingly focused on developing sustainable, high-performance solutions that meet evolving regulatory and environmental requirements.

📈 Key Trends Shaping the Market:

• Accelerated adoption of bio-based and environmentally acceptable antioxidants
• Development of multifunctional additive packages with enhanced oxidation stability
• Increasing demand for long-life lubricants driving advanced antioxidant technologies
• Growing emphasis on antioxidants compatible with electric vehicle thermal management systems

Get Full Report Here: Global and Regional Lubricating Oil Antioxygen Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies listed above are not only protecting industrial and automotive assets—they’re driving the evolution toward more efficient and sustainable lubrication solutions worldwide.