Driveline Additives Market, By Product Type (Transmission Fluid Additives and Gear Oil Additives), By Application (Passenger Cars, Commercial Vehicles, and Off-highway Vehicles), and By Region (North America, Europe, Asia Pacific, Latin America, Europe, and Middle East & Africa)

Published In : May 2023

Code : CMI3251

Pages :120

Formats :

Excel and PDF

Industry : Bulk Chemicals

Market News

Global Driveline Additives Market: Recent Developments

In November 2020, Evonik, expanded its oil additives performance lab, advanced laboratory facilities, and testing services in China. This new performance test lab is outfitted with an FE8 bearing wear test, an FZG efficiency test rig, mini traction, and a Denison HF-0 test rig, that allowed the company to meet the increasing technical demand in the lubricant industry by formulating high-performance and fuel-efficient additives. Evonik Industries AG is a specialty chemical manufacturer. The Company provides a variety of consumer goods, animal nutrition, and pharmaceutical products.
In November 2021, Evonik, introduced "Brenntag Bulgaria EOOD" as its new distributor partner in Greece, for lubricant additives. The company provides a variety of goods in the consumer goods, animal nutrition, and pharmaceuticals industries.
In October 2021, Umongo Petroleum (PTY) Ltd, Evonik's new distributor partner for lubricant additives in South Africa. This collaboration allowed Evonik to expand its lubricant additives product line throughout South Africa. The Umongo Petroleum (PTY) Ltd Company offers base and process oils, chemicals, lubricant additives, as well as technical assistance to lubricant blenders.