Global Viscosity Index Improvers market is expected to reach USD 3.31 billion in 2017 to USD 4.45 billion by 2025, at a CAGR of 4.53% during the forecast period from 2018-2025. Growing demand from the automotive industry and industrial sector for the high-quality lubricants that are stable at a high temperature is driving the global viscosity index improvers market.
Market Overview:
Viscosity Index Improvers are polymeric molecules which are sensitive to temperature. At low temperatures, the molecule chain contracts and does not impact the fluid viscosity, whereas, at high temperatures, the chain relaxes and increases the viscosity of the fluid. Viscosity Index Improvers are primarily used in the multigrade engine oils, gear oils, automatic transmission fluids, power steering fluids, greases, and various other hydraulic fluids. Lubricants have become an essential part of the modern-day industry. Almost any type of operation or machining requires some sort of lubricants in order to enhance the overall efficiency of the operation. Thus, an increase in the demand for lubricants is likely to drive the demand for viscosity index improvers during the forecast period.
Report Description:
Market Dynamics:
Drivers:
Restrains:
Opportunities:
Challenges:
Global Viscosity Index Improvers Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.
Segmentation Analysis:
The global Viscosity Index Improvers market has been segmented on the basis of type and end-user industry.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Asia Pacific region emerged as the largest market for the Viscosity Index Improvers market with a 36.58% share of market revenue in 2017.
Global Viscosity Index Improvers Market Competitive Analysis:
Key players in the global Viscosity Index Improvers market are The Lubrizol Corporation, Nanjing Runyou Chemical industry Additive Co., Ltd., Evonik Industries AG, Sanyo Chemical Industries, Ltd., Afton Chemical Corporation, Chevron Oronite Company LLC, Shenyang Great Wall Lubricating Oil Manufacturing Co., Ltd., BASF AG, Xingyun Chemical, Shanghai High-Lube Additives, YASHIKE LAI’EN, BPT Chemical, and among others. There has been an increased demand for the hydraulic fluids with good shearing resistance ability. Thus to meet up with this demand Afton Chemicals in 2016 announced the launch of HiTEC® 5724 viscosity index improver. It is a methacrylate polymer based viscosity index improver with good shear stability characteristics.
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This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global Viscosity Index Improvers market on the basis of below-mentioned segments:
Global Viscosity Index Improvers Market by Type:
Global Viscosity Index Improvers Market by End User Industry:
Global Viscosity Index Improvers Market by Region:
Ø U.S.
Ø Canada
Ø Mexico
Ø Germany
Ø France
Ø Sweden
Ø Netherlands
Ø U.K.
Ø Italy
Ø Spain
Ø Turkey
Ø Switzerland
Ø Belgium
Ø Rest of Europe
Ø Japan
Ø China
Ø India
Ø South Korea
Ø Australia
Ø Singapore
Ø Malaysia
Ø Thailand
Ø Indonesia
Ø Philippines
Ø Rest of Asia-Pacific
Ø Brazil
Ø Argentina
Ø Colombia
Ø Rest of South America
Ø Saudi Arabia
Ø UAE
Ø Egypt
Ø Nigeria
Ø South Africa
Ø Rest of Middle East and Africa
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By End User Industry
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Growing demand for high performance lubricants
5.2.2. Increase in the worldwide automobiles sales
5.3. Restraints
5.3.1. Susceptibility to mechanical shearing
5.3.2. Long engine oil drain interval duration
5.4. Opportunities
5.4.1. Growing investment on the research and development activities
5.4.2. Rapid ongoing industrialization in the developing economies of the world
5.4.3. Growing demand for the fuel efficient vehicles
5.5. Challenges
5.5.1. Problems associated with the disposal of spent lubricants
6. Global Viscosity Index Improvers Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Polymethacrylate
6.3. Olefin Copolymer
6.4. Polyisobutylene
6.5. Others
7. Global Viscosity Index Improvers Market Analysis and Forecast, By End User Industry
7.1. Segment Overview
7.2. Automotive
7.3. Off-Road Vehicles
7.4. Industrial Machinery
7.5. Others.
8. Global Viscosity Index Improvers Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. Sweden
8.3.4. Netherlands
8.3.5. U.K.
8.3.6. Italy
8.3.7. Spain
8.3.8. Turkey
8.3.9. Switzerland
8.3.10. Belgium
8.3.11. Rest of Europe
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. Singapore
8.4.7. Malaysia
8.4.8. Thailand
8.4.9. Indonesia
8.4.10. Philippines
8.4.11. Rest of Asia-Pacific
8.5. South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Colombia
8.5.4. Rest of South America
8.6. Middle East and Africa
8.6.1. Saudi Arabia
8.6.2. UAE
8.6.3. Egypt
8.6.4. Nigeria
8.6.5. South Africa
8.6.6. Rest of Middle East and Africa
9. Global Viscosity Index Improvers Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in the Viscosity Index Improvers Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. The Lubrizol Corporation
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Nanjing Runyou Chemical industry Additive Co., Ltd
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Evonik Industries AG
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Sanyo Chemical Industries, Ltd
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Afton Chemical Corporation
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Chevron Oronite Company LLC
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Shenyang Great Wall Lubricating Oil Manufacturing Co., Ltd.,
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. BASF AG
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. BASF SE
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Xingyun Chemical, Shanghai High-Lube Additives
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. YASHIKE LAI’EN
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. BPT Chemical
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
List of Figures
1. Global Viscosity Index Improvers Market Segmentation
2. Viscosity Index Improvers Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Viscosity Index Improvers Market Attractiveness Analysis By Type
9. Global Viscosity Index Improvers Market Attractiveness Analysis By End User Industry
10. Global Viscosity Index Improvers Market Attractiveness Analysis By Region
11. Global Viscosity Index Improvers Market: Dynamics
12. Global Viscosity Index Improvers Market Share By Type (2017 & 2025)
13. Global Viscosity Index Improvers Market Share By End User Industry (2017 & 2025)
14. Global Viscosity Index Improvers Market Share By Regions (2017 & 2025)
15. Global Viscosity Index Improvers Market Share By Company (2018)
List of Table
1. Global Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
2. Global Polymethacrylate Viscosity Index Improvers Market, Region, 2015–2025 (USD Million) (Kilotons)
3. Global Olefin Copolymer Viscosity Index Improvers Market, Region, 2015–2025 (USD Million) (Kilotons)
4. Global Polyisobutylene Viscosity Index Improvers Market, Region, 2015–2025 (USD Million) (Kilotons)
5. Global Others Viscosity Index Improvers Market, Region, 2015–2025 (USD Million) (Kilotons)
6. Global Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
7. Global Automotive Viscosity Index Improvers Market, By Region, 2015–2025 (USD Million) (Kilotons)
8. Global Off-Road Vehicles Viscosity Index Improvers Market, By Region, 2015–2025 (USD Million) (Kilotons)
9. Global Industrial Machinery Viscosity Index Improvers Market, By Region, 2015–2025 (USD Million) (Kilotons)
10. Global Others Viscosity Index Improvers Market, By Region, 2015–2025 (USD Million) (Kilotons)
11. Global Viscosity Index Improvers Market, By Region, 2015–2025 (USD Million) (Kilotons)
12. North America Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
13. North America Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
14. U.S. Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
15. U.S. Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
16. Canada Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
17. Canada Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
18. Mexico Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
19. Mexico Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
20. Europe Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
21. Europe Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
22. Germany Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
23. Germany Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
24. France Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
25. France Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
26. Sweden Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
27. Sweden Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
28. Netherlands Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
29. Netherlands Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
30. U.K. Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
31. U.K. Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
32. Italy Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
33. Italy Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
34. Spain Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
35. Spain Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
36. Turkey Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
37. Turkey Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
38. Switzerland Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
39. Switzerland Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
40. Belgium Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
41. Belgium Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
42. Asia Pacific Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
43. Asia Pacific Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
44. Japan Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
45. Japan Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
46. China Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
47. China Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
48. India Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
49. India Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
50. South Korea Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
51. South Korea Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
52. Australia Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
53. Australia Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
54. Singapore Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
55. Singapore Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
56. Malaysia Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
57. Malaysia Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
58. Thailand Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
59. Thailand Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
60. Indonesia Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
61. Indonesia Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
62. Philippines Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
63. Philippines Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
64. South America Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
65. South America Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
66. Brazil Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
67. Brazil Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
68. Argentina Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
69. Argentina Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
70. Colombia Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
71. Colombia Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
72. Middle East and Africa Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
73. Middle East and Africa Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
74. Saudi Arabia Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
75. Saudi Arabia Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
76. UAE Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
77. UAE Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
78. Egypt Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
79. Egypt Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
80. Nigeria Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
81. Nigeria Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
82. South Africa Viscosity Index Improvers Market, By Type, 2015–2025 (USD Million) (Kilotons)
83. South Africa Viscosity Index Improvers Market, By End User Industry, 2015–2025 (USD Million) (Kilotons)
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