The global Lubricant Viscosity Index Improvers market was valued at US$ 2707.9 million in 2022 and is projected to reach US$ 2972.3 million by 2029, at a CAGR of 1.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Viscosity Index Improvers (VIIs), also known as Viscosity Modifiers, comprise a class of additives that improve the viscosity-temperature characteristics of the lubricant, making the oil's viscosity more stable as its temperature changes. Lubricant Viscosity Index Improvers is made from polymers, which are long and flexible molecules used in the production of lubricant to reduce lubricant viscosity changes at high and low temperatures. When viscosity index improvers are added to low-viscosity oils, they effectively thicken the oil as temperature increases. This means the lubricating effect of mineral oils can be extended across a wider temperature range.
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This report aims to provide a comprehensive presentation of the global market for Lubricant Viscosity Index Improvers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lubricant Viscosity Index Improvers. This report contains market size and forecasts of Lubricant Viscosity Index Improvers in global, including the following market information:
Global Lubricant Viscosity Index Improvers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Lubricant Viscosity Index Improvers Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Lubricant Viscosity Index Improvers companies in 2022 (%)
Global Lubricant Viscosity Index Improvers key players include Lubrizol, Oronite, Infineum, Afton, Sanyo Chemical, etc. Global top five manufacturers hold a share about 80%. Asia-Pacific is the largest market, with a share about 35%, followed by North America, with a share about 30 percent. In terms of product, OCP Type is the largest segment, with a share about 50%. And in terms of application, the largest application is Automotive Lubricants, followed by Industrial Lubricants, etc.
We surveyed the Lubricant Viscosity Index Improvers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lubricant Viscosity Index Improvers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lubricant Viscosity Index Improvers Market Segment Percentages, by Type, 2022 (%)
Olefin Copolymer VI Improver (OCP)
Polymethacrylate Viscosity Index Improver (PMA)
Others(Such as PIB, SEBS)
Global Lubricant Viscosity Index Improvers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lubricant Viscosity Index Improvers Market Segment Percentages, by Application, 2022 (%)
Automotive Lubricants
Industrial Lubricants
Others
Global Lubricant Viscosity Index Improvers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Lubricant Viscosity Index Improvers Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lubricant Viscosity Index Improvers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Lubricant Viscosity Index Improvers revenues share in global market, 2022 (%)
Key companies Lubricant Viscosity Index Improvers sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Lubricant Viscosity Index Improvers sales share in global market, 2022 (%)
key players include:
Lubrizol
Oronite
Infineum
Afton
BASF
Evonik
Sanyo Chemical
Shengyang Greatwall
Nanjing Runyou
Xingyun Chemical
Shanghai High-Lube Additives
YASHIKE LAI’EN
BPT Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Lubricant Viscosity Index Improvers, market overview.
Chapter 2: Global Lubricant Viscosity Index Improvers market size in revenue and volume.
Chapter 3: Detailed analysis of Lubricant Viscosity Index Improvers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Lubricant Viscosity Index Improvers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Lubricant Viscosity Index Improvers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Lubricant Viscosity Index Improvers Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Lubricant Viscosity Index Improvers Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Lubricant Viscosity Index Improvers Overall Market Size 2.1 Global Lubricant Viscosity Index Improvers Market Size: 2022 VS 2029 2.2 Global Lubricant Viscosity Index Improvers Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Lubricant Viscosity Index Improvers Sales: 2018-2029 3 Company Landscape 3.1 Top Lubricant Viscosity Index Improvers Players in Global Market 3.2 Top Global Lubricant Viscosity Index Improvers Companies Ranked by Revenue 3.3 Global Lubricant Viscosity Index Improvers Revenue by Companies 3.4 Global Lubricant Viscosity Index Improvers Sales by Companies 3.5 Global Lubricant Viscosity Index Improvers Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Lubricant Viscosity Index Improvers Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Lubricant Viscosity Index Improvers Product Type 3.8 Tier 1, Tier 2 and Tier 3 Lubricant Viscosity Index Improvers Players in Global Market
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