2019 Analysis and Review of Viscosity Index Improvers Market

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Viscosity Index Improvers Market

• June 2021

Report Id REP-GB-5628 Published
2019-11-25 Category Chemicals and Materials
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Viscosity Index Improvers Market Analysis

• Introduction Viscosity Index Improvers Market
• Viscosity is considered to be a key factor for
  the measuring of quality of a lubricant.
  Viscosity is the quantity for expressing the
  magnitude of the internal frication of the fluid
  whereas, viscosity index determines the extent of
  viscosity of the hydraulic fluid which can change
  with the temperature as the viscosity index
  improves there may small change in fluid
  viscosity for the given temperature. Viscosity
  Index Improvers enhance lubrication under high
  stress which are an integral part of fuel
  additives for smooth functioning of automotive as
  well as non-automotive engines.  Lubricant as
  well as Additive Chemical Manufacturers have been
  associated with the development of the product
  for automotive and industrial end users which are
  also termed as viscosity modifiers.
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• Viscosity index improvers are the polymers
  additives taken from polyalkyl methyl acrylates,
  poly iso butylenes, olefin co-polymers, etc.
  which may reduce the impact of increasing
  temperature on viscosity of lubricants. Lubricant
  viscosity index improvers help the lubricant
  blenders to achieve the required significant
  properties, such as reduction of lubrication
  viscosity tendency to change when it subjected to
  temperature fluctuation to protect equipment at
  extreme temperature. Viscosity index improvers
  reduce the dependency of the lubrication
  viscosity in order to change increase or decrease
  of temperature. Viscosity index improvers belongs
  to two key properties which are shear stability
  and thickening efficiency. In order to achieve
  excellent fuel efficiency, durability and
  performance all these can be achieved by proper
  selection of viscosity index improvers. The
  application of viscosity index improvers achieves
  the maximum efficiency, performs better even at
  low temperature and protect the equipment from
  harmful wear. Environmental concern is expected
  to play key role in the viscosity index improvers
  market. Additionally, the reduction of some
  elements such as phosphorus, sulfur, chlorine and
  other metals proceeded at a fast rate over the
  last couple of years.

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Viscosity Index Improvers Market Analysis

• Market Dynamics Viscosity Index Improvers Market
• Increasing adoption of technology in viscosity
  index improvers market is expected to capture the
  maximum market share in terms of revenue in
  between the forecast period. Significant
  advantage associated with use of viscosity index
  improvers and increasing demand from the end use
  industries are the positive key drivers which is
  expected to propel the overall demand of the
  viscosity index improvers market. One of the
  major key factor is expected to hamper the market
  growth is relatively high cost of the raw
  materials in the global market. Increasing demand
  of green products and fully automated system are
  the benchmark trends for the viscosity index
  improvers market in the coming future.
• In terms of classification, polymethylacrylate is
  expected to dominate the global market with more
  than half of the market share in terms of value
  and volume. Increasing industrial application is
  expected to cater the market growth in the
  forecast period. On the basis of geographical
  region, Western Europe and North America are
  expected to gain maximum share in terms of
  revenue in viscosity index improvers market
  globally. Middle East and Africa is expected to
  grow with sluggish growth in viscosity index
  improvers market.
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Viscosity Index Improvers Market Analysis

• Market Segmentation Viscosity Index Improvers
  Market
• Viscosity index improvers market segmented on the
  basis of classification and application.
• On the basis of classification viscosity index
  improver segmented as
• Polymethacrylate Viscosity Index Improver
• Olefin Copolymer viscosity improvers
• Others
• On the basis of application viscosity index
  improvers market segmented as
• Industrial Lubricants
• Vehicle Lubricants
• Others

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Viscosity Index Improvers Market Analysis

• Regional Outlook Viscosity Index Improvers
  Market
• Globally, Western Europe and North America are
  anticipated to drive the growth with healthy CAGR
  over the forecast period followed by Asia Pacific
  Middle East and Africa.  Developing nations, such
  as BRICS (Brazil, Russia, India, China and South
  Africa) will contribute significantly to the
  global viscosity index improvers market in
  between the forecast period. Manufacturers tend
  to equip their end products with high-end safety
  and better quality to the customers in the global
  market. This is anticipated to act as a catalyst
  for the growth of the overall viscosity index
  improvers market over the forecast period.
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• Some of the key players in the viscosity index
  improvers market are
• Lubrizol Corporation
• Shengyang greatwall
• Infineum
• Oronite

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Viscosity Index Improvers Market Analysis

• Nanjing Runyou
• Evonik
• Sanyo Chemical
• Afton
• Nanjing Runyou
• The research report presents a comprehensive
  assessment of the market and contains thoughtful
  insights, facts, historical data, and
  statistically supported and industry-validated
  market data. It also contains projections using a
  suitable set of assumptions and methodologies.
  The research report provides analysis and
  information according to market segments such as
  geographies, application, and industry.
• The report covers exhaust analysis on
• Market Segments
• Market Dynamics
• Market Size

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Viscosity Index Improvers Market Analysis

• Supply Demand
• Current Trends/Issues/Challenges
• Competition Companies involved
• Technology
• Value Chain
• Regional analysis includes
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K,
  Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia
  New Zealand)

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Viscosity Index Improvers Market Analysis

• Japan
• Middle East and Africa (GCC Countries, S. Africa,
  Northern Africa)
• The report is a compilation of first-hand
  information, qualitative and quantitative
  assessment by industry analysts, inputs from
  industry experts and industry participants across
  the value chain. The report provides in-depth
  analysis of parent market trends, macro-economic
  indicators and governing factors along with
  market attractiveness as per segments. The report
  also maps the qualitative impact of various
  market factors on market segments and
  geographies.
• Report Highlights
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in
  terms of volume and value

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Viscosity Index Improvers Market Analysis

• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical
  regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to
  sustain and enhance their market footprint

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Viscosity Index Improvers Market Analysis

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