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Global Polymethacrylate Market in VII and PPD 2016-2020

Global Polymethacrylate Market in VII and PPD 2016-2020

About VIIs

VIIs are polymer components that are added to lubricants to prevent rapid viscosity fluctuations with a change in temperature. The three classes of VIIs are olefin copolymers, polymethacrylate, and styrenics. Most of the PCMOs and top grade HDMOs use VIIs in their formulations.

Technavio’s analysts forecast the global polymethacrylate market in VII and PPD to grow at a CAGR of 2.51% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global polymethacrylate market in VII and PPD for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the five prominent vendors operating in the market.

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

  • APAC
  • EMEA
  • North America
  • ROW
Technavio's report, Global Polymethacrylate Market in VII and PPD 2016-2020, 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
  • Afton Chemical
  • Lubrizol
  • Chevron Oronite
  • Evonik Industries
  • Infineum
Other prominent vendors
  • Amtecol
  • Croda
  • Jinzhou Kangtai
  • MidContinental Chemical Company
Market driver
  • Energy efficiency plays a vital role
  • For a full, detailed list, view our report
Market challenge
  • Constant need for technological upgrade
  • For a full, detailed list, view our report
Market trend
  • Increased use of high performing base stocks
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Polymethacrylate Market in VII and PPD 2016-2020

Technavio recognizes the following companies as the key players in the global polymethacrylate market in VII and PPD: Afton Chemical, Lubrizol, Chevron Oronite, Evonik Industries, and Infineum.

Other Prominent Vendors in the market are: Amtecol, Croda, Jinzhou Kangtai, and MidContinental Chemical Company.

Commenting on the report, an analyst from Technavio’s team said: “One significant trend that is being observed, particularly among individuals belonging to the Generation Y, is their care for the environment. A survey suggests that this section of individuals is questioning the economics of owning a car due to the former's incompatibility with their beliefs.”

According to the report, there has been an increase in the global demand for automobiles in the recent years, especially from the developing countries, owing to the increasing per capita income and economic development. The global automobile market is expected to grow during the forecast period, thereby becoming a key driver for the consumption of lubricants.

Further, the report states that constant need for technological upgrade will be a challenge for the market. Rapid technological advancements in the manufacture of machinery and automobiles are increasing the need for environment-friendly and high-performance lubricants and lubricant additives. Therefore, lubricant manufacturers need to constantly upgrade their production capabilities and product portfolio to match the revised requirements. Although this results in the emergence of value-added products, it severely affects the profit margins of the lubricant manufacturers. The vendors not only incur the additional costs of revised formulations but also of the capital costs associated with the technology and infrastructural upgrade. Noncompliance with the revised requirements often invites regulatory attention and also leads to a decline in market shares.

Technavio Announces the Publication of its Research Report – Global Polymethacrylate Market in VII and PPD 2016-2020

Technavio recognizes the following companies as the key players in the global polymethacrylate market in VII and PPD: Afton Chemical, Lubrizol, Chevron Oronite, Evonik Industries, and Infineum.

Other Prominent Vendors in the market are: Amtecol, Croda, Jinzhou Kangtai, and MidContinental Chemical Company.

Commenting on the report, an analyst from Technavio’s team said: “One significant trend that is being observed, particularly among individuals belonging to the Generation Y, is their care for the environment. A survey suggests that this section of individuals is questioning the economics of owning a car due to the former's incompatibility with their beliefs.”

According to the report, there has been an increase in the global demand for automobiles in the recent years, especially from the developing countries, owing to the increasing per capita income and economic development. The global automobile market is expected to grow during the forecast period, thereby becoming a key driver for the consumption of lubricants.

Further, the report states that constant need for technological upgrade will be a challenge for the market. Rapid technological advancements in the manufacture of machinery and automobiles are increasing the need for environment-friendly and high-performance lubricants and lubricant additives. Therefore, lubricant manufacturers need to constantly upgrade their production capabilities and product portfolio to match the revised requirements. Although this results in the emergence of value-added products, it severely affects the profit margins of the lubricant manufacturers. The vendors not only incur the additional costs of revised formulations but also of the capital costs associated with the technology and infrastructural upgrade. Noncompliance with the revised requirements often invites regulatory attention and also leads to a decline in market shares.

Companies Mentioned

Afton Chemical, Lubrizol, Chevron Oronite, Evonik Industries, Infineum, Amtecol, Croda, Jinzhou Kangtai, and MidContinental Chemical Company.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global polymethacrylate market in VII and PPD
      • Table Global polymethacrylate market in VII and PPD by end user
      • Table Global polymethacrylate market in VII and PPD by use
      • Table Global polymethacrylate market in VII and PPD by viscosity grade
      • Table Global industrial protective clothing market by geography
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table PPD chemical classes and application areas
  • Market landscape
    • Market overview
      • Table Global polymethacrylate market in VII and PPD
    • Market size and forecast
      • Table Global polymethacrylate market in VII and PPD 2015-2020 by volume (kilotons)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end user
    • Global polymethacrylate market in VII and PPD by end user
      • Table Consumption of polymethacrylate market in VII and PPD by end user 2015
      • Table Consumption of polymethacrylate market in VII and PPD by end user 2020
    • Polymethacrylate market in PCMO
      • Table Polymethacrylate market in PCMO 2015-2020 by volume (kilotons)
    • Polymethacrylate market in HDMO
      • Table Polymethacrylate market in HDMO 2015-2020 by volume (kilotons)
    • Polymethacrylate market in industrial hydraulic oils
      • Table Polymethacrylate market in industrial hydraulic oils 2015-2020 by volume (kilotons)
    • Polymethacrylate market in automotive gear oils
      • Table Polymethacrylate market in automotive gear oils 2015-2020 by volume (kilotons)
    • Polymethacrylate market in others
      • Table Polymethacrylate market in others 2015-2020 by volume (kilotons)
  • Market segmentation by use
    • Global polymethacrylate market by use
      • Table Polymethacrylate market in VII 2015-2020 by volume (kilotons)
      • Table Polymer concentration in VII by chemical type
      • Table Polymethacrylate market in PPD 2015-2020 by volume (kilotons)
  • Market segmentation by viscosity grade
    • Global polymethacrylate market by viscosity grade
      • Table Motor oil viscosity grades
      • Table Mono-grade engine oils
      • Table Multi-grade engine oils
  • Market segmentation by geography
    • Global polymethacrylate market in VII and PPD by geography
      • Table Consumption of polymethacrylate market in VII and PPD in 2015 by regions
      • Table Consumption of polymethacrylate market in VII and PPD in 2020 by regions
    • Polymethacrylate market in VII and PPD in North America
      • Table Polymethacrylate market in VII and PPD in North America 2015-2020 (kilotons)
    • Polymethacrylate market in VII and PPD in EMEA
      • Table Polymethacrylate market in VII and PPD in EMEA 2015-2020 (kilotons)
    • Polymethacrylate market in VII and PPD in APAC
      • Table Polymethacrylate market in VII and PPD in APAC 2015-2020 (kilotons)
    • Polymethacrylate market in VII and PPD in ROW
      • Table Polymethacrylate market in VII and PPD in ROW 2015-2020 (kilotons)
  • Market drivers
    • Table Annual global automobile sales 2015-2020 (million vehicles)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Electric vehicle sales 2015
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Afton Chemical
      • Table Afton Chemical: Product segmentation
    • Lubrizol
      • Table Lubrizol: Business segmentation
      • Table Lubrizol: End-markets served and key applications
    • Chevron Oronite
      • Table Chevron Oronite: Product offering
    • Evonik Industries
      • Table Evonik: Business segmentation by revenue 2015
    • Infineum
  • Appendix
    • List of abbreviations
  • Explore Technavio

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