Friction Modifiers Market worth 1,004.3 Million USD by 2022, at a CAGR of 3.6%
The friction modifiers market is projected to grow from USD 843.0 Million in 2017 to USD 1,004.3 Million by 2022, at a CAGR of 3.6% during the forecast period. The increasing demand for fuel-efficient lubricants from the automotive industry in emerging economies such as China, India, and Brazil is expected to fuel the growth of the friction modifiers market across the globe. Download FREE PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=52458814 The increasing demand for friction modifiers from emerging economies such as India and South Korea is expected to fuel the growth of the friction modifiers market across the globe. Stringent environmental regulations also provide huge growth opportunities for friction modifiers market. Friction modifiers are also termed as antifriction additives. The demand for friction modifiers in public transport and passenger vehicles is expected to increase with growing environmental concerns. The demand for friction modifiers i