Freedonia In The News

Article Title: U.S. Lube Additives Demand to Grow
By: George Gill
Publication: Lube Report, 5/8/2013
Freedonia Study: Lubricant Additives (3020)

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A Freedonia Group study forecasts U.S. demand for lubricant additives to grow 4.3 percent annually to nearly $3.9 billion in 2017. That compares to a 4.4 percent annual growth rate from 2007 to 2012. A recovery in volume demand combined with a continued shift to new, high performance additive products is expected to boost market value, according to Lubricant Additives, a new study from market research firm Freedonia Group.
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Article Title: US Demand for Lubricant Additives - $3.9 Billion in 2017
By:
Publication: Metal Working Fluid, 5/2/2013
Freedonia Study: Lubricant Additives (3020)

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United States demand for lubricant additives is forecast to increase 4.3 percent annually to nearly $3.9 billion in 2017. A recovery in volume demand combined with a continued shift toward new, high performance (and more expensive) additive products will support growth in market value. Key drivers for change will be the industry’s response to OEM performance requirements, fuel efficiency concerns, and emissions regulations. These and other trends are presented in Lubricant Additives, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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