The article cited AMA's Global Friction Modifiers Market Study explored substantial growth with CAGR of 6.6%. According the report, Demand for Organic Friction Lubricants has been Raised is one of the primary growth factors for the market. Rising Production of Passenger, Commercial Vehicle & Aircrafts Leads to the demand for Friction Modifiers is also expected to contribute significantly to the Friction Modifiers market. Overall, Transportation Lubricant applications of Friction Modifiers, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Friction Modifiers market identified that the demand is rising in many different parts of the world as "Increasing Technological Advancements ". Furthermore, some recent industry insights like "In April 2019, LANXESS has launched “Additin RC 3502”. It is a new organic friction modifiers for passenger car and high-performance engine oils. It has been specifically developed to decrease friction. It is able to provide sustained performance and anti-wear protection. With this launch, company has proven its unique portfolio." is constantly making the industry dynamic. One of the challenges that industry facing is "Rising Popularity of Electric Vehicles"

The Nature, such as Organic, is boosting the Friction Modifiers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Packaging Type, such as Pails, is boosting the Friction Modifiers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Formulation, such as Solvent Based, is boosting the Friction Modifiers market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Friction Modifiers market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Friction Modifiers market and other related sub-markets covered in the study.

o Key & emerging players in the Friction Modifiers market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Friction Modifiers market size is calculated using market estimation process, the Friction Modifiers market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Friction Modifiers market size has been validated using both top-down and bottom-up approaches.