Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 98 Pages
Report ld: 4204229
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Viscosity Index Improvers Market Size(US$)

CAGR 2025-2031
3.9%
Market Size,2031
USD 3,890
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Viscosity Index Improvers was valued at US$ 2985 million in the year 2024 and is projected to reach a revised size of US$ 3890 million by 2031, growing at a CAGR of 3.9% during the forecast period.
Viscosity index improvers are polymer additives that reduce the impact of increasing temperature on the viscosity of lubricants. Consequently, viscosity index improver additives extend the service temperature ranges under which lubricants can effectively operate.
The whole viscosity index improvers market is mainly dominated by several suppliers, like Lubrizol, Chevron Oronite, Infineum, Afton Chemical. These manufacturers have mature technology and strong supply chain management, making them owning a certain market share globally.
viscosity index improvers improve the viscosity-temperature characteristics of the lubricant, making the oil's viscosity more stable as its temperature changes. key market drivers of viscosity index improvers as follows:
Growing Automotive Sector: The demand for high-performance lubricants in the automotive industry is a major driver, as modern engines require lubricants that maintain performance under extreme conditions. This increases the need for viscosity index improvers to enhance temperature stability.
Industrial Applications: The rise in industrial machinery and equipment, which requires specialized lubricants, is boosting the demand for viscosity index improvers. These additives help ensure smooth operation and reduce wear, which is crucial for maintaining efficiency.
Environmental Regulations: Stricter environmental regulations are pushing manufacturers to develop lubricants that minimize emissions and improve fuel efficiency. Viscosity index improvers play a critical role in formulating lubricants that meet these regulatory standards.
Technological Advancements: Innovations in additive formulations and manufacturing processes are driving the market. Improved viscosity index improvers can provide better performance, leading to increased adoption in various applications.
Demand for Energy Efficiency: As industries focus on reducing energy consumption, the need for high-quality lubricants that optimize equipment performance is growing. Viscosity index improvers help lubricants maintain optimal flow properties, contributing to energy savings.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Viscosity Index Improvers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Viscosity Index Improvers.
The Viscosity Index Improvers market size, estimations, and forecasts are provided in terms of output/shipments (Kilotons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Viscosity Index Improvers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Viscosity Index Improvers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Viscosity Index Improvers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Viscosity Index Improvers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Viscosity Index Improvers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
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We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Viscosity Index Improvers Market Overview
1.1 Product Definition
1.2 Viscosity Index Improvers by Type
1.2.1 Global Viscosity Index Improvers Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Olefin Copolymers (OCP) Based
1.2.3 Polymethacrylate(PMA) Based
1.2.4 Other
1.3 Viscosity Index Improvers by Application
1.3.1 Global Viscosity Index Improvers Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Engine Oils
1.3.3 Transmission Fluids
1.3.4 Hydraulic Fluids
1.3.5 Gear Oils
1.3.6 Other
1.4 Global Market Growth Prospects
1.4.1 Global Viscosity Index Improvers Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Viscosity Index Improvers Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Viscosity Index Improvers Production Estimates and Forecasts (2020-2031)
1.4.4 Global Viscosity Index Improvers Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Viscosity Index Improvers Production Market Share by Manufacturers (2020-2025)
2.2 Global Viscosity Index Improvers Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Viscosity Index Improvers, Industry Ranking, 2023 VS 2024
2.4 Global Viscosity Index Improvers Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Viscosity Index Improvers Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Viscosity Index Improvers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Viscosity Index Improvers, Product Offered and Application
2.8 Global Key Manufacturers of Viscosity Index Improvers, Date of Enter into This Industry
2.9 Viscosity Index Improvers Market Competitive Situation and Trends
2.9.1 Viscosity Index Improvers Market Concentration Rate
2.9.2 Global 5 and 10 Largest Viscosity Index Improvers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Viscosity Index Improvers Production by Region
3.1 Global Viscosity Index Improvers Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Viscosity Index Improvers Production Value by Region (2020-2031)
3.2.1 Global Viscosity Index Improvers Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Viscosity Index Improvers by Region (2026-2031)
3.3 Global Viscosity Index Improvers Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Viscosity Index Improvers Production Volume by Region (2020-2031)
3.4.1 Global Viscosity Index Improvers Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Viscosity Index Improvers by Region (2026-2031)
3.5 Global Viscosity Index Improvers Market Price Analysis by Region (2020-2025)
3.6 Global Viscosity Index Improvers Production and Value, Year-over-Year Growth
3.6.1 North America Viscosity Index Improvers Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Viscosity Index Improvers Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Viscosity Index Improvers Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Viscosity Index Improvers Production Value Estimates and Forecasts (2020-2031)
4 Viscosity Index Improvers Consumption by Region
4.1 Global Viscosity Index Improvers Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Viscosity Index Improvers Consumption by Region (2020-2031)
4.2.1 Global Viscosity Index Improvers Consumption by Region (2020-2025)
4.2.2 Global Viscosity Index Improvers Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Viscosity Index Improvers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Viscosity Index Improvers Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Viscosity Index Improvers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Viscosity Index Improvers Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Viscosity Index Improvers Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Viscosity Index Improvers Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Viscosity Index Improvers Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Viscosity Index Improvers Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Viscosity Index Improvers Production by Type (2020-2031)
5.1.1 Global Viscosity Index Improvers Production by Type (2020-2025)
5.1.2 Global Viscosity Index Improvers Production by Type (2026-2031)
5.1.3 Global Viscosity Index Improvers Production Market Share by Type (2020-2031)
5.2 Global Viscosity Index Improvers Production Value by Type (2020-2031)
5.2.1 Global Viscosity Index Improvers Production Value by Type (2020-2025)
5.2.2 Global Viscosity Index Improvers Production Value by Type (2026-2031)
5.2.3 Global Viscosity Index Improvers Production Value Market Share by Type (2020-2031)
5.3 Global Viscosity Index Improvers Price by Type (2020-2031)
6 Segment by Application
6.1 Global Viscosity Index Improvers Production by Application (2020-2031)
6.1.1 Global Viscosity Index Improvers Production by Application (2020-2025)
6.1.2 Global Viscosity Index Improvers Production by Application (2026-2031)
6.1.3 Global Viscosity Index Improvers Production Market Share by Application (2020-2031)
6.2 Global Viscosity Index Improvers Production Value by Application (2020-2031)
6.2.1 Global Viscosity Index Improvers Production Value by Application (2020-2025)
6.2.2 Global Viscosity Index Improvers Production Value by Application (2026-2031)
6.2.3 Global Viscosity Index Improvers Production Value Market Share by Application (2020-2031)
6.3 Global Viscosity Index Improvers Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Lubrizol
7.1.1 Lubrizol Viscosity Index Improvers Company Information
7.1.2 Lubrizol Viscosity Index Improvers Product Portfolio
7.1.3 Lubrizol Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Lubrizol Main Business and Markets Served
7.1.5 Lubrizol Recent Developments/Updates
7.2 Chevron Oronite
7.2.1 Chevron Oronite Viscosity Index Improvers Company Information
7.2.2 Chevron Oronite Viscosity Index Improvers Product Portfolio
7.2.3 Chevron Oronite Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Chevron Oronite Main Business and Markets Served
7.2.5 Chevron Oronite Recent Developments/Updates
7.3 Infineum
7.3.1 Infineum Viscosity Index Improvers Company Information
7.3.2 Infineum Viscosity Index Improvers Product Portfolio
7.3.3 Infineum Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Infineum Main Business and Markets Served
7.3.5 Infineum Recent Developments/Updates
7.4 Afton Chemical
7.4.1 Afton Chemical Viscosity Index Improvers Company Information
7.4.2 Afton Chemical Viscosity Index Improvers Product Portfolio
7.4.3 Afton Chemical Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Afton Chemical Main Business and Markets Served
7.4.5 Afton Chemical Recent Developments/Updates
7.5 BASF
7.5.1 BASF Viscosity Index Improvers Company Information
7.5.2 BASF Viscosity Index Improvers Product Portfolio
7.5.3 BASF Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.5.4 BASF Main Business and Markets Served
7.5.5 BASF Recent Developments/Updates
7.6 Evonik
7.6.1 Evonik Viscosity Index Improvers Company Information
7.6.2 Evonik Viscosity Index Improvers Product Portfolio
7.6.3 Evonik Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Evonik Main Business and Markets Served
7.6.5 Evonik Recent Developments/Updates
7.7 Sanyo Chemical
7.7.1 Sanyo Chemical Viscosity Index Improvers Company Information
7.7.2 Sanyo Chemical Viscosity Index Improvers Product Portfolio
7.7.3 Sanyo Chemical Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Sanyo Chemical Main Business and Markets Served
7.7.5 Sanyo Chemical Recent Developments/Updates
7.8 BRB International
7.8.1 BRB International Viscosity Index Improvers Company Information
7.8.2 BRB International Viscosity Index Improvers Product Portfolio
7.8.3 BRB International Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.8.4 BRB International Main Business and Markets Served
7.8.5 BRB International Recent Developments/Updates
7.9 Shenyang Great Wall Lubricant
7.9.1 Shenyang Great Wall Lubricant Viscosity Index Improvers Company Information
7.9.2 Shenyang Great Wall Lubricant Viscosity Index Improvers Product Portfolio
7.9.3 Shenyang Great Wall Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Shenyang Great Wall Lubricant Main Business and Markets Served
7.9.5 Shenyang Great Wall Lubricant Recent Developments/Updates
7.10 Jinzhou Kangtai Lubricant Additives
7.10.1 Jinzhou Kangtai Lubricant Additives Viscosity Index Improvers Company Information
7.10.2 Jinzhou Kangtai Lubricant Additives Viscosity Index Improvers Product Portfolio
7.10.3 Jinzhou Kangtai Lubricant Additives Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Jinzhou Kangtai Lubricant Additives Main Business and Markets Served
7.10.5 Jinzhou Kangtai Lubricant Additives Recent Developments/Updates
7.11 Goncord Oil (Yingkou)
7.11.1 Goncord Oil (Yingkou) Viscosity Index Improvers Company Information
7.11.2 Goncord Oil (Yingkou) Viscosity Index Improvers Product Portfolio
7.11.3 Goncord Oil (Yingkou) Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Goncord Oil (Yingkou) Main Business and Markets Served
7.11.5 Goncord Oil (Yingkou) Recent Developments/Updates
7.12 Tianjin J&D Technology
7.12.1 Tianjin J&D Technology Viscosity Index Improvers Company Information
7.12.2 Tianjin J&D Technology Viscosity Index Improvers Product Portfolio
7.12.3 Tianjin J&D Technology Viscosity Index Improvers Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Tianjin J&D Technology Main Business and Markets Served
7.12.5 Tianjin J&D Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Viscosity Index Improvers Industry Chain Analysis
8.2 Viscosity Index Improvers Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Viscosity Index Improvers Production Mode & Process Analysis
8.4 Viscosity Index Improvers Sales and Marketing
8.4.1 Viscosity Index Improvers Sales Channels
8.4.2 Viscosity Index Improvers Distributors
8.5 Viscosity Index Improvers Customer Analysis
9 Viscosity Index Improvers Market Dynamics
9.1 Viscosity Index Improvers Industry Trends
9.2 Viscosity Index Improvers Market Drivers
9.3 Viscosity Index Improvers Market Challenges
9.4 Viscosity Index Improvers Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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