Friction Modifiers Industry The global friction modifiers market size was estimated at USD 987.65 million in 2023 and is projected to grow at a CAGR of 3.8% from 2024 to 2030. Friction modifiers, also known as boundary lubrication additives, are oil-soluble chemicals used in lubricants for transmission and internal combustion engine applications. Their primary function is to reduce wear and...