Lubricant Viscosity Index Improvers Market

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.

Lubricant Viscosity Index Improvers Market 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. Lubricant Viscosity Index Improvers Market 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 (%)

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.

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

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

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 (%)

Further, the report presents profiles of competitors in the market, 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.