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Lubricant Viscosity Index Improvers-Global Market Insights and Sales Trends 2025

Lubricant Viscosity Index Improvers-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1827378

No of Pages : 105

Synopsis
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 global Lubricant Viscosity Index Improvers market size is expected to reach US$ 2904.1 million by 2029, growing at a CAGR of 1.4% from 2023 to 2029. The market is mainly driven by the significant applications of Lubricant Viscosity Index Improvers in various end use industries. The expanding demands from the Automotive Lubricants, Industrial Lubricants and Others,, are propelling Lubricant Viscosity Index Improvers market. Olefin Copolymer VI Improver (OCP), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Polymethacrylate Viscosity Index Improver (PMA) segment is estimated at % CAGR for the next seven-year 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.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lubricant Viscosity Index Improvers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Lubricant Viscosity Index Improvers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Lubricant Viscosity Index Improvers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lubricant Viscosity Index Improvers sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Lubricant Viscosity Index Improvers covered in this report include Lubrizol, Oronite, Infineum, Afton, BASF, Evonik, Sanyo Chemical, Shengyang Greatwall and Nanjing Runyou, etc.

The global Lubricant Viscosity Index Improvers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

Lubrizol

Oronite

Infineum

Afton

BASF

Evonik

Sanyo Chemical

Shengyang Greatwall

Nanjing Runyou

Xingyun Chemical

Shanghai High-Lube Additives

YASHIKE LAI’EN

BPT Chemical

Global Lubricant Viscosity Index Improvers market, by region:

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Lubricant Viscosity Index Improvers market, Segment by Type:

Olefin Copolymer VI Improver (OCP)

Polymethacrylate Viscosity Index Improver (PMA)

Others(Such as PIB, SEBS)

Global Lubricant Viscosity Index Improvers market, by Application

Automotive Lubricants

Industrial Lubricants

Others

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Two: Detailed analysis of Lubricant Viscosity Index Improvers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Lubricant Viscosity Index Improvers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.
Index
1 Lubricant Viscosity Index Improvers Market Overview

1.1 Lubricant Viscosity Index Improvers Product Overview

1.2 Lubricant Viscosity Index Improvers Market Segment by Type

1.2.1 Olefin Copolymer VI Improver (OCP)

1.2.2 Polymethacrylate Viscosity Index Improver (PMA)

1.2.3 Others(Such as PIB, SEBS)

1.3 Global Lubricant Viscosity Index Improvers Market Size by Type

1.3.1 Global Lubricant Viscosity Index Improvers Market Size Overview by Type (2018-2029)

1.3.2 Global Lubricant Viscosity Index Improvers Historic Market Size Review by Type (2018-2023)

1.3.3 Global Lubricant Viscosity Index Improvers Forecasted Market Size by Type (2024-2029)

1.4 Key Regions Market Size Segment by Type

1.4.1 North America Lubricant Viscosity Index Improvers Sales Breakdown by Type (2018-2023)

1.4.2 Europe Lubricant Viscosity Index Improvers Sales Breakdown by Type (2018-2023)

1.4.3 Asia-Pacific Lubricant Viscosity Index Improvers Sales Breakdown by Type (2018-2023)

1.4.4 Latin America Lubricant Viscosity Index Improvers Sales Breakdown by Type (2018-2023)

1.4.5 Middle East and Africa Lubricant Viscosity Index Improvers Sales Breakdown by Type (2018-2023)

2 Global Lubricant Viscosity Index Improvers Market Competition by Company

2.1 Global Top Players by Lubricant Viscosity Index Improvers Sales (2018-2023)

2.2 Global Top Players by Lubricant Viscosity Index Improvers Revenue (2018-2023)

2.3 Global Top Players by Lubricant Viscosity Index Improvers Price (2018-2023)

2.4 Global Top Manufacturers Lubricant Viscosity Index Improvers Manufacturing Base Distribution, Sales Area, Product Type

2.5 Lubricant Viscosity Index Improvers Market Competitive Situation and Trends

2.5.1 Lubricant Viscosity Index Improvers Market Concentration Rate (2018-2023)

2.5.2 Global 5 and 10 Largest Manufacturers by Lubricant Viscosity Index Improvers Sales and Revenue in 2022

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lubricant Viscosity Index Improvers as of 2022)

2.7 Date of Key Manufacturers Enter into Lubricant Viscosity Index Improvers Market

2.8 Key Manufacturers Lubricant Viscosity Index Improvers Product Offered

2.9 Mergers & Acquisitions, Expansion

3 Lubricant Viscosity Index Improvers Status and Outlook by Region

3.1 Global Lubricant Viscosity Index Improvers Market Size and CAGR by Region: 2018 VS 2022 VS 2029

3.2 Global Lubricant Viscosity Index Improvers Historic Market Size by Region

3.2.1 Global Lubricant Viscosity Index Improvers Sales in Volume by Region (2018-2023)

3.2.2 Global Lubricant Viscosity Index Improvers Sales in Value by Region (2018-2023)

3.2.3 Global Lubricant Viscosity Index Improvers Sales (Volume & Value) Price and Gross Margin (2018-2023)

3.3 Global Lubricant Viscosity Index Improvers Forecasted Market Size by Region

3.3.1 Global Lubricant Viscosity Index Improvers Sales in Volume by Region (2024-2029)

3.3.2 Global Lubricant Viscosity Index Improvers Sales in Value by Region (2024-2029)

3.3.3 Global Lubricant Viscosity Index Improvers Sales (Volume & Value), Price and Gross Margin (2024-2029)

4 Global Lubricant Viscosity Index Improvers by Application

4.1 Lubricant Viscosity Index Improvers Market Segment by Application

4.1.1 Automotive Lubricants

4.1.2 Industrial Lubricants

4.1.3 Others

4.2 Global Lubricant Viscosity Index Improvers Market Size by Application

4.2.1 Global Lubricant Viscosity Index Improvers Market Size Overview by Application (2018-2029)

4.2.2 Global Lubricant Viscosity Index Improvers Historic Market Size Review by Application (2018-2023)

4.2.3 Global Lubricant Viscosity Index Improvers Forecasted Market Size by Application (2024-2029)

4.3 Key Regions Market Size Segment by Application

4.3.1 North America Lubricant Viscosity Index Improvers Sales Breakdown by Application (2018-2023)

4.3.2 Europe Lubricant Viscosity Index Improvers Sales Breakdown by Application (2018-2023)

4.3.3 Asia-Pacific Lubricant Viscosity Index Improvers Sales Breakdown by Application (2018-2023)

4.3.4 Latin America Lubricant Viscosity Index Improvers Sales Breakdown by Application (2018-2023)

4.3.5 Middle East and Africa Lubricant Viscosity Index Improvers Sales Breakdown by Application (2018-2023)

5 North America Lubricant Viscosity Index Improvers by Country

5.1 North America Lubricant Viscosity Index Improvers Historic Market Size by Country

5.1.1 North America Lubricant Viscosity Index Improvers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

5.1.2 North America Lubricant Viscosity Index Improvers Sales in Volume by Country (2018-2023)

5.1.3 North America Lubricant Viscosity Index Improvers Sales in Value by Country (2018-2023)

5.2 North America Lubricant Viscosity Index Improvers Forecasted Market Size by Country

5.2.1 North America Lubricant Viscosity Index Improvers Sales in Volume by Country (2024-2029)

5.2.2 North America Lubricant Viscosity Index Improvers Sales in Value by Country (2024-2029)

6 Europe Lubricant Viscosity Index Improvers by Country

6.1 Europe Lubricant Viscosity Index Improvers Historic Market Size by Country

6.1.1 Europe Lubricant Viscosity Index Improvers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

6.1.2 Europe Lubricant Viscosity Index Improvers Sales in Volume by Country (2018-2023)

6.1.3 Europe Lubricant Viscosity Index Improvers Sales in Value by Country (2018-2023)

6.2 Europe Lubricant Viscosity Index Improvers Forecasted Market Size by Country

6.2.1 Europe Lubricant Viscosity Index Improvers Sales in Volume by Country (2024-2029)

6.2.2 Europe Lubricant Viscosity Index Improvers Sales in Value by Country (2024-2029)

7 Asia-Pacific Lubricant Viscosity Index Improvers by Region

7.1 Asia-Pacific Lubricant Viscosity Index Improvers Historic Market Size by Region

7.1.1 Asia-Pacific Lubricant Viscosity Index Improvers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029

7.1.2 Asia-Pacific Lubricant Viscosity Index Improvers Sales in Volume by Region (2018-2023)

7.1.3 Asia-Pacific Lubricant Viscosity Index Improvers Sales in Value by Region (2018-2023)

7.2 Asia-Pacific Lubricant Viscosity Index Improvers Forecasted Market Size by Region

7.2.1 Asia-Pacific Lubricant Viscosity Index Improvers Sales in Volume by Region (2024-2029)

7.2.2 Asia-Pacific Lubricant Viscosity Index Improvers Sales in Value by Region (2024-2029)

8 Latin America Lubricant Viscosity Index Improvers by Country

8.1 Latin America Lubricant Viscosity Index Improvers Historic Market Size by Country

8.1.1 Latin America Lubricant Viscosity Index Improvers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

8.1.2 Latin America Lubricant Viscosity Index Improvers Sales in Volume by Country (2018-2023)

8.1.3 Latin America Lubricant Viscosity Index Improvers Sales in Value by Country (2018-2023)

8.2 Latin America Lubricant Viscosity Index Improvers Forecasted Market Size by Country

8.2.1 Latin America Lubricant Viscosity Index Improvers Sales in Volume by Country (2024-2029)

8.2.2 Latin America Lubricant Viscosity Index Improvers Sales in Value by Country (2024-2029)

9 Middle East and Africa Lubricant Viscosity Index Improvers by Country

9.1 Middle East and Africa Lubricant Viscosity Index Improvers Historic Market Size by Country

9.1.1 Middle East and Africa Lubricant Viscosity Index Improvers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

9.1.2 Middle East and Africa Lubricant Viscosity Index Improvers Sales in Volume by Country (2018-2023)

9.1.3 Middle East and Africa Lubricant Viscosity Index Improvers Sales in Value by Country (2018-2023)

9.2 Middle East and Africa Lubricant Viscosity Index Improvers Forecasted Market Size by Country

9.2.1 Middle East and Africa Lubricant Viscosity Index Improvers Sales in Volume by Country (2024-2029)

9.2.2 Middle East and Africa Lubricant Viscosity Index Improvers Sales in Value by Country (2024-2029)

10 Company Profiles

10.1 Lubrizol

10.1.1 Lubrizol Company Information

10.1.2 Lubrizol Introduction and Business Overview

10.1.3 Lubrizol Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.1.4 Lubrizol Lubricant Viscosity Index Improvers Products Offered

10.1.5 Lubrizol Recent Development

10.2 Oronite

10.2.1 Oronite Company Information

10.2.2 Oronite Introduction and Business Overview

10.2.3 Oronite Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.2.4 Oronite Lubricant Viscosity Index Improvers Products Offered

10.2.5 Oronite Recent Development

10.3 Infineum

10.3.1 Infineum Company Information

10.3.2 Infineum Introduction and Business Overview

10.3.3 Infineum Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.3.4 Infineum Lubricant Viscosity Index Improvers Products Offered

10.3.5 Infineum Recent Development

10.4 Afton

10.4.1 Afton Company Information

10.4.2 Afton Introduction and Business Overview

10.4.3 Afton Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.4.4 Afton Lubricant Viscosity Index Improvers Products Offered

10.4.5 Afton Recent Development

10.5 BASF

10.5.1 BASF Company Information

10.5.2 BASF Introduction and Business Overview

10.5.3 BASF Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.5.4 BASF Lubricant Viscosity Index Improvers Products Offered

10.5.5 BASF Recent Development

10.6 Evonik

10.6.1 Evonik Company Information

10.6.2 Evonik Introduction and Business Overview

10.6.3 Evonik Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.6.4 Evonik Lubricant Viscosity Index Improvers Products Offered

10.6.5 Evonik Recent Development

10.7 Sanyo Chemical

10.7.1 Sanyo Chemical Company Information

10.7.2 Sanyo Chemical Introduction and Business Overview

10.7.3 Sanyo Chemical Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.7.4 Sanyo Chemical Lubricant Viscosity Index Improvers Products Offered

10.7.5 Sanyo Chemical Recent Development

10.8 Shengyang Greatwall

10.8.1 Shengyang Greatwall Company Information

10.8.2 Shengyang Greatwall Introduction and Business Overview

10.8.3 Shengyang Greatwall Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.8.4 Shengyang Greatwall Lubricant Viscosity Index Improvers Products Offered

10.8.5 Shengyang Greatwall Recent Development

10.9 Nanjing Runyou

10.9.1 Nanjing Runyou Company Information

10.9.2 Nanjing Runyou Introduction and Business Overview

10.9.3 Nanjing Runyou Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.9.4 Nanjing Runyou Lubricant Viscosity Index Improvers Products Offered

10.9.5 Nanjing Runyou Recent Development

10.10 Xingyun Chemical

10.10.1 Xingyun Chemical Company Information

10.10.2 Xingyun Chemical Introduction and Business Overview

10.10.3 Xingyun Chemical Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.10.4 Xingyun Chemical Lubricant Viscosity Index Improvers Products Offered

10.10.5 Xingyun Chemical Recent Development

10.11 Shanghai High-Lube Additives

10.11.1 Shanghai High-Lube Additives Company Information

10.11.2 Shanghai High-Lube Additives Introduction and Business Overview

10.11.3 Shanghai High-Lube Additives Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.11.4 Shanghai High-Lube Additives Lubricant Viscosity Index Improvers Products Offered

10.11.5 Shanghai High-Lube Additives Recent Development

10.12 YASHIKE LAI’EN

10.12.1 YASHIKE LAI’EN Company Information

10.12.2 YASHIKE LAI’EN Introduction and Business Overview

10.12.3 YASHIKE LAI’EN Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.12.4 YASHIKE LAI’EN Lubricant Viscosity Index Improvers Products Offered

10.12.5 YASHIKE LAI’EN Recent Development

10.13 BPT Chemical

10.13.1 BPT Chemical Company Information

10.13.2 BPT Chemical Introduction and Business Overview

10.13.3 BPT Chemical Lubricant Viscosity Index Improvers Sales, Revenue and Gross Margin (2018-2023)

10.13.4 BPT Chemical Lubricant Viscosity Index Improvers Products Offered

10.13.5 BPT Chemical Recent Development

11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis

11.1 Lubricant Viscosity Index Improvers Key Raw Materials

11.1.1 Key Raw Materials

11.1.2 Key Raw Materials Price

11.1.3 Raw Materials Key Suppliers

11.2 Manufacturing Cost Structure

11.2.1 Raw Materials

11.2.2 Labor Cost

11.2.3 Manufacturing Expenses

11.3 Lubricant Viscosity Index Improvers Industrial Chain Analysis

11.4 Lubricant Viscosity Index Improvers Market Dynamics

11.4.1 Lubricant Viscosity Index Improvers Industry Trends

11.4.2 Lubricant Viscosity Index Improvers Market Drivers

11.4.3 Lubricant Viscosity Index Improvers Market Challenges

11.4.4 Lubricant Viscosity Index Improvers Market Restraints

12 Market Strategy Analysis, Distributors

12.1 Sales Channel

12.2 Lubricant Viscosity Index Improvers Distributors

12.3 Lubricant Viscosity Index Improvers Downstream Customers

13 Research Findings and Conclusion

14 Appendix

14.1 Research Methodology

14.1.1 Methodology/Research Approach

14.1.2 Data Source

14.2 Author Details

14.3 Disclaimer

Published By : QY Research

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