Global Lubricant Viscosity Index Improvers Market Growth 2025-2031

The global Lubricant Viscosity Index Improvers market size is predicted to grow from US$ 2920 million in 2025 to US$ 3707 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.

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.

The whole lubricant viscosity index improvers market is mainly dominated by several suppliers, like Lubrizol, Chevron Oronite, Infineum, Afton Chemical. These manufacturers have mature technology and strong supply chain management, making them owning a certain market share globally.

lubricant viscosity index improvers improve the viscosity-temperature characteristics of the lubricant, making the oil's viscosity more stable as its temperature changes. key market drivers of lubricant viscosity index improvers as follows:

Growing Automotive Sector: The demand for high-performance lubricants in the automotive industry is a major driver, as modern engines require lubricants that maintain performance under extreme conditions. This increases the need for viscosity index improvers to enhance temperature stability.

Industrial Applications: The rise in industrial machinery and equipment, which requires specialized lubricants, is boosting the demand for viscosity index improvers. These additives help ensure smooth operation and reduce wear, which is crucial for maintaining efficiency.

Environmental Regulations: Stricter environmental regulations are pushing manufacturers to develop lubricants that minimize emissions and improve fuel efficiency. Viscosity index improvers play a critical role in formulating lubricants that meet these regulatory standards.

Technological Advancements: Innovations in additive formulations and manufacturing processes are driving the market. Improved viscosity index improvers can provide better performance, leading to increased adoption in various applications.

Demand for Energy Efficiency: As industries focus on reducing energy consumption, the need for high-quality lubricants that optimize equipment performance is growing. Viscosity index improvers help lubricants maintain optimal flow properties, contributing to energy savings.

LP Information, Inc. (LPI) ' newest research report, the “Lubricant Viscosity Index Improvers Industry Forecast” looks at past sales and reviews total world Lubricant Viscosity Index Improvers sales in 2024, providing a comprehensive analysis by region and market sector of projected Lubricant Viscosity Index Improvers sales for 2025 through 2031. With Lubricant Viscosity Index Improvers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lubricant Viscosity Index Improvers industry.

This Insight Report provides a comprehensive analysis of the global Lubricant Viscosity Index Improvers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lubricant Viscosity Index Improvers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lubricant Viscosity Index Improvers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lubricant Viscosity Index Improvers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lubricant Viscosity Index Improvers.

This report presents a comprehensive overview, market shares, and growth opportunities of Lubricant Viscosity Index Improvers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Olefin Copolymers (OCP) Based
Polymethacrylate(PMA) Based
Other

Segmentation by Application:
Engine Oils
Transmission Fluids
Hydraulic Fluids
Gear Oils
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Lubrizol
Chevron Oronite
Infineum
Afton Chemical
BASF
Evonik
Sanyo Chemical
BRB International
Shenyang Great Wall Lubricant
Jinzhou Kangtai Lubricant Additives
Goncord Oil (Yingkou)
Tianjin J&D Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lubricant Viscosity Index Improvers market?

What factors are driving Lubricant Viscosity Index Improvers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lubricant Viscosity Index Improvers market opportunities vary by end market size?

How does Lubricant Viscosity Index Improvers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.