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Global Lubricant Viscosity Grade Improvers Market 2017-2021

Global Lubricant Viscosity Grade Improvers Market 2017-2021

About Lubricant Viscosity Grade Improvers

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.

Technavio’s analysts forecast the global lubricant viscosity grade improvers market to grow at a CAGR of 2.58% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global lubricant viscosity grade improvers market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • North America
  • APAC
  • EMEA
  • ROW
Technavio's report, Global Lubricant Viscosity Grade Improvers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Chevron Oronite
  • Evonik
  • Infineum
  • Lubrizol
  • NewMarket
Other prominent vendors
  • AMTECOL
  • Croda International
  • JINZHOU KANGTAI LUBRICANT ADDITIVES
  • LANXESS
  • MidContinental Chemical
  • Nanjing Runyou Chemical Industry Additive
  • Sanyo Chemical Industries
  • Shenyang Great Wall Lubricating Oil Manufacturing
Market driver
  • Demand for lubricants with enhanced fuel economy
  • For a full, detailed list, view our report
Market challenge
  • Changes in oil prices
  • For a full, detailed list, view our report
Market trend
  • Growth in industrial gear oil market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Lubricant Viscosity Grade Improvers Market 2017-2021

Technavio recognizes the following companies as the key players in the global lubricant viscosity grade improvers market: Chevron Oronite, Evonik, Infineum, Lubrizol, and NewMarket.

Other Prominent Vendors in the market are: AMTECOL, Croda International, JINZHOU KANGTAI LUBRICANT ADDITIVES, LANXESS, MidContinental Chemical, Nanjing Runyou Chemical Industry Additive, Sanyo Chemical Industries, and Shenyang Great Wall Lubricating Oil Manufacturing.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growth in industrial gear oil market. Industrial gear oils are a segment of the industrial lubricant market where viscosity grade improvers are used. Although industrial gear oil market is niche, it is an attractive segment for investors. The demand for industrial gear oil is expected to grow at a CAGR of 2.05% during the forecast period. This growth is expected due to the remarkable expansion of the manufacturing and construction sectors, especially in APAC and Europe.”

According to the report, one of the major drivers for this market is Demand for lubricants with enhanced fuel economy. With every level of technology upgrade in this market, the demand for new lubricant with enhanced fuel economy also increases. Even the consumers who are planning to own a car in the near future or are currently owning a car, are demanding cars that are highly fuel efficient and cost effective. The reason behind the increase in life span of cars from eight years in 1995 to around 12 years in 2016 is their strong engine performance. The engine performance is heavily dependent on the type of lubricant used and its viscosity.

Further, the report states that one of the major factors hindering the growth of this market is Changes in oil prices. Crude oil prices are fluctuating from past many years and is expected to face similar ups and downs during the forecast period. The prices of crude oil depend on currency fluctuations. The price of crude oil is measured in US dollars. So, with every rise or fall in the price of crude oil, changes in various currencies against the US dollar are also measured, and the final cumulative price is calculated.

Companies Mentioned

Chevron Oronite, Evonik, Infineum, Lubrizol, NewMarket, AMTECOL, Croda International, JINZHOU KANGTAI LUBRICANT ADDITIVES, LANXESS, MidContinental Chemical, Nanjing Runyou Chemical Industry Additive, Sanyo Chemical Industries, and Shenyang Great Wall Lubricating Oil Manufacturing.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global lubricant viscosity grade improvers market
    • Global lubricant viscosity grade improvers market
      • Table Global lubricant viscosity grade improvers market 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by chemical class
    • Global lubricant viscosity grade improvers market by chemical class
      • Table Global lubricant viscosity grade improvers market by chemical class 2016 (% share by volume)
      • Table Global lubricant viscosity grade improvers market by chemical class 2021 (% share by volume)
    • Global OCP-based lubricant viscosity grade improvers market
      • Table Global OCP-based lubricant viscosity grade improvers market 2016 and 2021 (KT)
      • Table Forecast: Global OCP-based lubricant viscosity grade improvers market 2016-2021
    • Global PMA-based lubricant viscosity grade improvers market
      • Table Global PMA-based lubricant viscosity grade improvers market 2016 and 2021 (KT)
      • Table Forecast: Global PMA-based lubricant viscosity grade improvers market 2016-2021
    • Global styrenics-based lubricant viscosity grade improvers market
      • Table Global styrenics-based lubricant viscosity grade improvers market 2016 and 2021 (KT)
      • Table Forecast: Global styrenics-based lubricant viscosity grade improvers market 2016-2021
  • Market segmentation by viscosity grade
    • Global lubricant viscosity grade improvers market by viscosity grade
      • Table Global lubricant viscosity grade improvers market by viscosity grade 2016 (% share of volume)
      • Table Global lubricant viscosity grade improvers market by viscosity grade 2021 (% share of volume)
      • Table SAE viscosity grades with their suitable temperature
    • Global lubricant viscosity grade improvers market for multigrade oils
      • Table Global lubricant viscosity grade improvers market for multigrade oils 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market for multigrade oils 2016-2021
    • Global lubricant viscosity grade improvers market for monograde oils
      • Table Global lubricant viscosity grade improvers market for monograde oils 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market in monograde oil 2016-2021
  • Market segmentation by end-user
    • Global lubricant viscosity grade improvers market by end-user
      • Table Global lubricant viscosity grade improvers market by end-user 2016 (% share by volume)
      • Table Global lubricant viscosity grade improvers market by end-user 2021 (% share by volume)
    • Global lubricant viscosity grade improvers market for PCMOs
      • Table Global lubricant viscosity grade improvers market for PCMOs 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market for PCMOs 2016-2021
    • Global lubricant viscosity grade improvers market for HDMOs
      • Table Global lubricant viscosity grade improvers market for HDMOs 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market for HDMOs 2016-2021
    • Global lubricant viscosity grade improvers market for hydraulic fluids
      • Table Global lubricant viscosity grade improvers market for hydraulic fluids 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market for hydraulic fluids 2016-2021
    • Global lubricant viscosity grade improvers market for gear oils
      • Table Global lubricant viscosity grade improvers market for gear oils 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market for gear oils 2016-2021
    • Global lubricant viscosity grade improvers market in other end-user segments
      • Table Global lubricant viscosity grade improvers market in other end-user segments 2016 and 2021 (KT)
      • Table Forecast: Global lubricant viscosity grade improvers market in other end-user segments 2016-2021
  • Geographical segmentation
    • Global lubricant viscosity grade improvers market by geography
      • Table Global lubricant viscosity grade improvers market by geography 2016 (% share of volume)
      • Table Global lubricant viscosity grade improvers market by geography 2021 (% share of volume)
    • Lubricant viscosity grade improvers market in APAC
      • Table Lubricant viscosity grade improvers market in APAC 2016 and 2021 (KT)
      • Table Forecast: Lubricant viscosity grade improvers market in APAC 2016-2021
    • Lubricant viscosity grade improvers market in North America
      • Table Lubricant viscosity grade improvers market in North America 2016 and 2021 (KT)
      • Table Forecast: Lubricant viscosity grade improvers market in North America 2016-2021
    • Lubricant viscosity grade improvers market in EMEA
      • Table Lubricant viscosity grade improvers market in EMEA 2016 and 2021 (KT)
      • Table Forecast: Lubricant viscosity grade improvers market in EMEA 2016-2021
    • Lubricant viscosity grade improvers market in ROW
      • Table Lubricant viscosity grade improvers market in ROW 2016 and 2021 (KT)
      • Table Forecast: Lubricant viscosity grade improvers market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global car production 2016-2021 (millions)
      • Table List of air pollutants along with their sources
    • Market challenges
      • Table Crude oil prices 2012-2021
  • Market trends
    • Growth in industrial gear oil market
    • Preference of multigrade oils over monograde oils
    • Increasing consumption of motor oil
  • Vendor landscape
    • Competitive scenario
    • Key vendors of global lubricant viscosity grade improvers market
      • Table Global lubricant viscosity grade improvers market: Key vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • Chevron Oronite
      • Table Chevron Oronite: Operational segment
      • Table Chevron Oronite: Business segmentation by revenue 2016
    • Evonik
      • Table Evonik: Business segmentation by revenue 2016
      • Table Evonik: Geographic segmentation by revenue 2016
      • Table Evonik: Product offerings
    • Infineum
      • Table Infineum: Product offerings
    • Lubrizol
      • Table Lubrizol: Business segmentation 2016
      • Table Lubrizol: Business segmentation by markets
      • Table Lubrizol: Product offerings
    • NewMarket
      • Table NewMarket: Business segmentation by revenue 2016
      • Table NewMarket: Geographic segmentation by revenue 2016
      • Table Afton Chemical: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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