Viscosity grade improvers are polymers that are mixed with base oil to regulate the change of viscosity in the oil with the change in temperature. Shear stability and thickening capability are the most important parameters of a lubricant viscosity grade improver. They are made up of polymers such as olefin copolymers (OCPs), polymethacrylates (PMAs), and styrene block polymers.
Viscosity grade improvers are used in PCMOs to provide high fuel efficiency, reduce emissions, frictions, reduce the chances of damage and wear, and influence the effective functioning of the lubricant used in the engine. The growth in sales of passenger cars and the introduction of new taxation rates and subsidies, will contribute to the growth of the viscosity index improvers market in this end user segment.
End-users can use engines lubricated with multigrade oils at a wide range of temperatures and for an extended period of time. Multigrade oils display the properties of two viscosity grades as they contain a mixture of viscosity grade improvers mixed in low viscosity oil.
In 2019, the market size of Lubricant Viscosity Grade Improvers is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lubricant Viscosity Grade Improvers.
This report studies the global market size of Lubricant Viscosity Grade Improvers, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Lubricant Viscosity Grade Improvers production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Chevron Oronite
Evonik
Lubrizol
Lanxess
Infineum
NewMarket
Sanyo Chemical Industries
Midcontinental Chemical
Croda International
Amtecol
Jinzhou Kangtai Lubricant Additives
Nanjing Runyou Chemical Industry Additive
Shenyang Great Wall Lubricating Oil Manufacturing
Market Segment by Product Type
Multigrade Oils
Multigrade Oils
Market Segment by Application
Passenger Car Motor Oils (PCMOs)
Heavy-Duty Motor Oils (HDMOs)
Hydraulic Fluids
Gear Oils
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Lubricant Viscosity Grade Improvers status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Lubricant Viscosity Grade Improvers manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Lubricant Viscosity Grade Improvers are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Lubricant Viscosity Grade Improvers . Industry analysis & Market Report on Lubricant Viscosity Grade Improvers is a syndicated market report, published as Global (United States, European Union and China) Lubricant Viscosity Grade Improvers Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Lubricant Viscosity Grade Improvers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.