Global Lubricant Viscosity Index Improvers Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Lubricant Viscosity Index Improvers Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Lubricant Viscosity Index Improvers market size was valued at US$ 2749 million in 2023 and is forecast to a readjusted size of USD 3020 million by 2030 with a CAGR of 1.4% during review period.

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.

This report is a detailed and comprehensive analysis for global Lubricant Viscosity Index Improvers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Lubricant Viscosity Index Improvers market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Lubricant Viscosity Index Improvers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Lubricant Viscosity Index Improvers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Lubricant Viscosity Index Improvers market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Lubricant Viscosity Index Improvers

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Lubricant Viscosity Index Improvers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Lubrizol, Oronite, Infineum, Afton, BASF, Evonik, Sanyo Chemical, Shengyang Greatwall, Nanjing Runyou, Xingyun Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Lubricant Viscosity Index Improvers market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Olefin Copolymer VI Improver (OCP)
Polymethacrylate Viscosity Index Improver (PMA)
Others(Such as PIB, SEBS)

Market segment by Application
Automotive Lubricants
Industrial Lubricants
Others

Major players covered
Lubrizol
Oronite
Infineum
Afton
BASF
Evonik
Sanyo Chemical
Shengyang Greatwall
Nanjing Runyou
Xingyun Chemical
Shanghai High-Lube Additives
YASHIKE LAI’EN
BPT Chemical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Lubricant Viscosity Index Improvers product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Lubricant Viscosity Index Improvers, with price, sales quantity, revenue, and global market share of Lubricant Viscosity Index Improvers from 2019 to 2024.

Chapter 3, the Lubricant Viscosity Index Improvers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Lubricant Viscosity Index Improvers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Lubricant Viscosity Index Improvers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Lubricant Viscosity Index Improvers.

Chapter 14 and 15, to describe Lubricant Viscosity Index Improvers sales channel, distributors, customers, research findings and conclusion.