Albany – NY, Sept. 26, 2017 (GLOBE NEWSWIRE) — Transparency Market Research has released a new market report titled “ZDDP Additives (Product – Primary Alkyl ZDDP, Secondary Alkyl ZDDP, End use –Automotive, and Industrial) Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025.” According to the report, the global ZDDP additives market was valued at US$ 2,680.1 Mn in 2016 and is projected to reach US$ 3,085.8 Mn by 2025, expanding at a CAGR of 1.6% between 2017 and 2025.
Zinc Dialkyl Dithiophosphate (ZDDP) is a lubricating oil additive having exceptionally high hydraulic and thermal stability. This additive is generally used along with other additives such as dispersants, detergents and acid neutralizers in automotive engine oil and industrial lubricants. ZDDP additive provides oxidation, copper-lead bearing corrosion and wear control in diesel and gasoline engines. It is particularly viable under the extreme pressure, severe temperature and load conditions experienced in highly supercharged diesel engines. Invented in 1940s, ZDDP has been the most sought after antiwear additive in use for more than 70 years. During engine operation, ZDDP breaks down and forms a thin solid film that adheres to the metal surfaces preventing intermediate contact.
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This helps to eliminate the long term wear thus prolonging the engine life. However, in last decades ZDDP has come under scrutiny related to the phosphorous content which has negative impact on the vehicle exhaust system. ZDDP although possess excellent antiwear characteristics, it tends to generate byproducts, particularly phosphorous that blocks the pollutant reducing catalytic converter, reducing the efficiency and life span of the device. EPA has passed the permissible level of phosphorous content in vehicular exhaust thus reducing or eliminating the use of ZDDP additives in near future. Researchers are directing their strenuous efforts to find compound to replace ZDDP altogether and number of patents have been filed in recent past. Additionally, with the increasing need to curb down the vehicle weight in order to reduce the vehicular emission and the use of effective pollutant reducing devices is expected to limit the growth of ZDDP additives during the forecast period.
Depending upon the alcohols used i.e. primary or secondary, ZDDP additives are subdivided into primary alkyl ZDDP and secondary alkyl ZDDP. Secondary alkyl ZDDP on account of its high hydraulic stability and antiwear protection characteristics are preferred in automotive applications, hence dominating the market in 2016. In terms of end use, automotive is the largest consumer of ZDDP additives, accounting for over 80% of the total market volume in 2016. Increasing motor vehicle output and consequent sales particularly in China, India, Thailand and Indonesia is expected to drive the demand for ZDDP additives in automotive sector and is expected to grow at a modest CAGR of 1.6% over the forecast period.
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Key players profiled in the ZDDP Additives market include Chevron Oronite Company LLC, Afton Chemical Corporation, The Lubrizol Corporation, Infineum International Limited, AMSOIL, Rislone CamGuard, ZPlus, LLC, Mukund Anderson Inc., Prasol Chemicals Pvt. Ltd. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
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