Zion Market Research Global Automotive Crankcase Additives Market, 2016 | Page 3

Automotive Crankcase Additives Market
detergent additives, pour point depressants, anti-foam agents, anti-wear additives, de-
waxing agents, and others.
Global Automotive Crankcase Additives Market: Growth Factors
The market for the automotive crankcase additives will experience a positive market
growth in the coming years owing to the increased use of the automobiles in the
commercial applications and personal use. The increase in the manufacturing of the
vehicles leads to the increase in the demand for the automotive crankcase as both
these things go hand in hand. The increase in the disposable income has increased the
sales of the vehicles as nowadays vehicles are considered as a necessary commodity
thus directly influencing the automotive crankcase additives market positively. In the
various countries, governments are taking efforts to reduce the harmful emissions so
that the environment is not affected. The automotive crankcase additives are
extensively used in minimizing the tailpipe emissions thus increasing its demand in the
global market. The factor that will affect the market negatively is the introduction of the
electric vehicles hybrid vehicles; these vehicles function on the stored electric power
and makes less use of the internal combustion engines thus less dependence on the
engines.
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