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Friction Modifier Additives Market Demand Outlook and Strategic Developments by 2033 | #friction Modifier Additives Market

Friction Modifier Additives Market Demand Outlook and Strategic Developments by 2033

Friction Modifier Additives Market Demand Outlook and Strategic Developments by 2033

As of 2024, the global friction modifier additives market is valued at approximately USD 1.3 billion and is projected to grow at a CAGR of around 4.9% through 2030. Market expansion is driven by rising vehicle production, increasing demand for fuel-efficient lubricants, and advancements