The import of lubricating oil additives without petroleum or bitumen oils to China is forecasted to increase from $96.134 million in 2024 to $106.16 million in 2028. This represents a compound annual growth rate (CAGR) of approximately 2.5% over the five-year period. Year-on-year growth rates are expected to be around 2.7% in 2025, 2.6% in 2026, 2.5% in 2027, and 2.3% in 2028.

For future trends:

Watch for technological advancements improving the efficiency of these additives, potentially boosting demand.
Changes in environmental regulations could influence import volumes, with an increasing preference for eco-friendly additives.
China's industrial growth and vehicle production are critical indicators to monitor, as they drive additive demand.