The global friction modifiers market size was estimated at USD 987.65 million in 2023 and is projected to reach USD 1.28 billion by 2030, growing at a CAGR of 3.8% from 2024 to 2030. Friction modifiers, also known as boundary lubrication additives, are specialized oil-soluble chemicals that are incorporated into lubricants, primarily for use in transmission systems and internal...

Executive Summary Friction Modifiers Market Research: Share and Size Intelligence CAGR Value:  The global friction modifiers market was valued at USD 1.20 billion in 2024 and is expected to reach USD 2.52 billion by 2032. During the forecast period of 2025 to 2032 the market is likely to grow at a CAGR of 9.70%, primarily driven by increasing demand...