Grease Additives Market

By Function;

EP, Antiwear, VII, Antioxidant, Corrosion Inhibitor, and Antiseize

By Formulation Type;

Mineral Oil-based and Synthetic Oil-based

By Functionality;

Load Bearing and Temperature Resistance

By End-User;

Automotive, Construction, and Meta Working

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn582163364 Published Date: August, 2025

Grease Additives Market Overview

Grease Additives Market (USD Million)

Grease Additives Market was valued at USD 6,240.75 million in the year 2024. The size of this market is expected to increase to USD 7,886.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.


Grease Additives Market

*Market size in USD million

CAGR 3.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.4 %
Market Size (2024)USD 6,240.75 Million
Market Size (2031)USD 7,886.43 Million
Market ConcentrationHigh
Report Pages315
6,240.75
2024
7,886.43
2031

Major Players

  • BASF
  • Chevron
  • Evonik Industries
  • Lubrizol
  • Afton Chemical
  • Clariant
  • INFINEUM
  • Royal Dutch Shell
  • TotalEnergies
  • Dow Chemical

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Grease Additives Market

Fragmented - Highly competitive market without dominant players


The Grease Additives Market is gaining traction as industries increasingly rely on high-performance lubricants to enhance equipment reliability. Nearly 52% of grease formulations now integrate additives that improve oxidation stability, wear resistance, and load-bearing capacity. These additives play a vital role in reducing friction, improving energy efficiency, and extending machinery life across multiple industrial applications.

Enhanced Performance Benefits
Grease additives provide up to 40% greater resistance against extreme pressure and temperature variations. Their robust performance has driven over 48% of industrial users to adopt additive-based solutions for lubrication. By reducing friction and wear, these additives help extend maintenance cycles and significantly lower operational costs.

Automotive and Transportation Impact
The automotive industry utilizes about 46% of grease additives to improve bearing protection, reduce wear, and deliver smoother operations. Their use contributes to 33% higher fuel efficiency while enhancing component lifespan. This widespread adoption underlines the indispensable role of grease additives in maintaining vehicle durability and reliability.

Innovation and Sustainable Solutions
Advancements in technology are driving eco-friendly formulations, with nearly 43% of producers investing in synthetic and bio-based additives. These new solutions deliver 37% better performance compared to traditional formulations, offering improved oxidation resistance and thermal stability. Such innovations align with sustainability goals and support environmentally conscious industrial practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Function
    2. Market Snapshot, By Formulation Type
    3. Market Snapshot, By Functionality
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Grease Additives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased automotive industry demand
        2. Rising industrial machinery needs
        3. Enhanced lubrication technology advancements
        4. Growth in manufacturing sectors
      2. Restraints
        1. Fluctuating raw material prices
        2. Environmental regulations and compliance
        3. High production costs
        4. Market competition and saturation
      3. Opportunities
        1. Emerging markets growth potential
        2. Technological innovations in additives
        3. Expansion in renewable energy sectors
        4. Increasing automotive and aerospace applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Grease Additives Market, By Function, 2021 - 2031 (USD Million)
      1. EP
      2. Antiwear
      3. VII
      4. Antioxidant
      5. Corrosion inhibitor
      6. Antiseize
    2. Grease Additives Market, By Formulation Type, 2021 - 2031 (USD Million)

      1. Mineral Oil-based

      2. Synthetic Oil-based

    3. Grease Additives Market, By Functionality , 2021 - 2031 (USD Million)

      1. Load Bearing

      2. Temperature Resistance

    4. Grease Additives Market, By End-User, 2021 - 2031 (USD Million)
      1. Automotive
      2. Construction
      3. Meta working
    5. Grease Additives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF
      2. Chevron
      3. Evonik Industries
      4. Lubrizol
      5. Afton Chemical
      6. Clariant
      7. INFINEUM
      8. Royal Dutch Shell
      9. TotalEnergies
      10. Dow Chemical
  7. Analyst Views
  8. Future Outlook of the Market