Anti-wear Additives Market Research Report- Opportunities & Challenges With Totally Different Segments, Forecast- 2030

Market Overview The global Anti-wear Additives Market is expected to be valued at USD USD 914.8 million by the end of the forecast period, registering a CAGR of 2.65%. The market value was recorded at USD 798 million during the historic forecast period. It is activated by an increase in temperature or pressure at the contact surfaces, and it produces a protective layer to minimize wear. They react chemically with metal contact surfaces to protect them against corrosive acids, wear, and base oil oxidation. The chemical makeup of these additives is based on phosphorus and zinc compounds, most commonly zinc dialkyl dithiophosphate (ZDDP). Gear oils, engine oils, hydraulic oils, automatic transmission fluids, and some greases all include them. The Pandemic, COVID-19 has resulted in a regional lockdown, border restrictions, and the breakdown of transportation networks. It is predicted to have a considerable impact on global chemicals and materials supply chains...