Competitive Landscape of the Friction Modifiers Market: Key Players and Strategies (2024–2030)
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...