The forecasted import of lubricating oil additives with petroleum or bitumen oil to the US is set to increase progressively from 157 million kilograms in 2024 to 172.19 million kilograms in 2028. This represents a steady year-on-year growth, with the compound annual growth rate (CAGR) estimated over the five-year horizon indicating a robust expansion in demand for these additives. The current data stands in sharp contrast to 2023 levels, where recorded imports were at a lower level than the beginning of the forecast period.

Future trends to watch for include potential market impacts from evolving environmental regulations, technological advancements in automotive and industrial applications, and shifts in global oil supply chains that might affect both the demand and supply dynamics of lubricating oil additives.