| Product Code: ETC5663864 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, New Zealand saw a significant decline in lubricant additives imports, with the top exporting countries being the USA, Belgium, Australia, Germany, and Canada. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was -17.42%, with a sharp decline in growth rate from 2023 to 2024 at -24.92%. This suggests a challenging market environment for lubricant additives in New Zealand, prompting a closer look at factors impacting the industry`s performance.

Lubricant additives improve the performance and longevity of lubricants used in automotive, industrial, and marine applications. In New Zealand, this market supplies a variety of additives such as anti-wear agents, viscosity modifiers, and corrosion inhibitors to meet the lubrication needs of diverse industries.
The lubricant additives market in New Zealand is influenced by the growing demand for high-performance lubricants in automotive, industrial, and marine applications. Additives play a crucial role in enhancing the properties of lubricants, such as improving viscosity, reducing friction, and preventing corrosion. The increasing focus on extending equipment life, reducing maintenance costs, and improving energy efficiency drives the adoption of advanced lubricant additives. Additionally, the development of environmentally friendly additives that meet stringent regulatory requirements supports market growth.
The lubricant additives market in New Zealand confronts challenges related to regulatory compliance and performance optimization. As lubricant formulations evolve to meet increasingly stringent performance requirements and environmental regulations, manufacturers must innovate to develop additives that enhance lubricant performance while minimizing environmental impact.
Environmental regulations, industrial safety standards, and technological advancements influence the lubricant additives market. Government policies promoting sustainable chemical production and compliance with environmental standards drive market demand. Support for research and development in advanced lubricant technologies is also important.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Lubricant Additives Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Lubricant Additives Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Lubricant Additives Market - Industry Life Cycle |
3.4 New Zealand Lubricant Additives Market - Porter's Five Forces |
3.5 New Zealand Lubricant Additives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Lubricant Additives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Lubricant Additives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in New Zealand |
4.2.2 Increasing demand for high-performance lubricants |
4.2.3 Technological advancements leading to more efficient lubricant additives |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent environmental regulations affecting product formulations |
4.3.3 Competition from substitute products like bio-based lubricants |
5 New Zealand Lubricant Additives Market Trends |
6 New Zealand Lubricant Additives Market Segmentations |
6.1 New Zealand Lubricant Additives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Lubricant Additives Market Revenues & Volume, By Dispersants, 2021-2031F |
6.1.3 New Zealand Lubricant Additives Market Revenues & Volume, By Viscosity Index Improvers, 2021-2031F |
6.1.4 New Zealand Lubricant Additives Market Revenues & Volume, By Detergents, 2021-2031F |
6.1.5 New Zealand Lubricant Additives Market Revenues & Volume, By Anti-wear Agents, 2021-2031F |
6.1.6 New Zealand Lubricant Additives Market Revenues & Volume, By Antioxidants, 2021-2031F |
6.1.7 New Zealand Lubricant Additives Market Revenues & Volume, By Corrosion Inhibitors, 2021-2031F |
6.1.9 New Zealand Lubricant Additives Market Revenues & Volume, By Emulsifiers, 2021-2031F |
6.1.10 New Zealand Lubricant Additives Market Revenues & Volume, By Emulsifiers, 2021-2031F |
6.2 New Zealand Lubricant Additives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Lubricant Additives Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 New Zealand Lubricant Additives Market Revenues & Volume, By Industrial, 2021-2031F |
7 New Zealand Lubricant Additives Market Import-Export Trade Statistics |
7.1 New Zealand Lubricant Additives Market Export to Major Countries |
7.2 New Zealand Lubricant Additives Market Imports from Major Countries |
8 New Zealand Lubricant Additives Market Key Performance Indicators |
8.1 Research and development investment in innovative lubricant additive technologies |
8.2 Adoption rate of synthetic lubricants in the market |
8.3 Number of partnerships and collaborations within the lubricant additives industry in New Zealand |
9 New Zealand Lubricant Additives Market - Opportunity Assessment |
9.1 New Zealand Lubricant Additives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Lubricant Additives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Lubricant Additives Market - Competitive Landscape |
10.1 New Zealand Lubricant Additives Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Lubricant Additives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |