
The global Lubricant Viscosity Index Improvers market size is predicted to grow from US$ 3023 million in 2025 to US$ 3837 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.
Viscosity Index Improvers (VIIs), also known as Viscosity Modifiers, comprise a class of additives that improve the viscosity-temperature characteristics of the lubricant, making the oil's viscosity more stable as its temperature changes. Lubricant Viscosity Index Improvers is made from polymers, which are long and flexible molecules used in the production of lubricant to reduce lubricant viscosity changes at high and low temperatures. When viscosity index improvers are added to low-viscosity oils, they effectively thicken the oil as temperature increases. This means the lubricating effect of mineral oils can be extended across a wider temperature range.
The whole lubricant 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.
lubricant 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 lubricant 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.
The “Lubricant Viscosity Index Improvers Industry Forecast” looks at past sales and reviews total world Lubricant Viscosity Index Improvers sales in 2024, providing a comprehensive analysis by region and market sector of projected Lubricant Viscosity Index Improvers sales for 2025 through 2031. With Lubricant Viscosity Index Improvers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lubricant Viscosity Index Improvers industry.
This Insight Report provides a comprehensive analysis of the global Lubricant Viscosity Index Improvers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lubricant Viscosity Index Improvers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lubricant Viscosity Index Improvers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lubricant Viscosity Index Improvers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lubricant Viscosity Index Improvers.
This report presents a comprehensive overview, market shares, and growth opportunities of Lubricant Viscosity Index Improvers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Olefin Copolymers (OCP) Based
Polymethacrylate(PMA) Based
Other
Segmentation by Application:
Engine Oils
Transmission Fluids
Hydraulic Fluids
Gear Oils
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Lubrizol
Chevron Oronite
Infineum
Afton Chemical
BASF
Evonik
Sanyo Chemical
BRB International
Shenyang Great Wall Lubricant
Jinzhou Kangtai Lubricant Additives
Goncord Oil (Yingkou)
Tianjin J&D Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lubricant Viscosity Index Improvers market?
What factors are driving Lubricant Viscosity Index Improvers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lubricant Viscosity Index Improvers market opportunities vary by end market size?
How does Lubricant Viscosity Index Improvers break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lubricant Viscosity Index Improvers Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Lubricant Viscosity Index Improvers by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Lubricant Viscosity Index Improvers by Country/Region, 2020, 2024 & 2031
2.2 Lubricant Viscosity Index Improvers Segment by Type
2.2.1 Olefin Copolymers (OCP) Based
2.2.2 Polymethacrylate(PMA) Based
2.2.3 Other
2.3 Lubricant Viscosity Index Improvers Sales by Type
2.3.1 Global Lubricant Viscosity Index Improvers Sales Market Share by Type (2020-2025)
2.3.2 Global Lubricant Viscosity Index Improvers Revenue and Market Share by Type (2020-2025)
2.3.3 Global Lubricant Viscosity Index Improvers Sale Price by Type (2020-2025)
2.4 Lubricant Viscosity Index Improvers Segment by Application
2.4.1 Engine Oils
2.4.2 Transmission Fluids
2.4.3 Hydraulic Fluids
2.4.4 Gear Oils
2.4.5 Other
2.5 Lubricant Viscosity Index Improvers Sales by Application
2.5.1 Global Lubricant Viscosity Index Improvers Sale Market Share by Application (2020-2025)
2.5.2 Global Lubricant Viscosity Index Improvers Revenue and Market Share by Application (2020-2025)
2.5.3 Global Lubricant Viscosity Index Improvers Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Lubricant Viscosity Index Improvers Breakdown Data by Company
3.1.1 Global Lubricant Viscosity Index Improvers Annual Sales by Company (2020-2025)
3.1.2 Global Lubricant Viscosity Index Improvers Sales Market Share by Company (2020-2025)
3.2 Global Lubricant Viscosity Index Improvers Annual Revenue by Company (2020-2025)
3.2.1 Global Lubricant Viscosity Index Improvers Revenue by Company (2020-2025)
3.2.2 Global Lubricant Viscosity Index Improvers Revenue Market Share by Company (2020-2025)
3.3 Global Lubricant Viscosity Index Improvers Sale Price by Company
3.4 Key Manufacturers Lubricant Viscosity Index Improvers Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Lubricant Viscosity Index Improvers Product Location Distribution
3.4.2 Players Lubricant Viscosity Index Improvers Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Lubricant Viscosity Index Improvers by Geographic Region
4.1 World Historic Lubricant Viscosity Index Improvers Market Size by Geographic Region (2020-2025)
4.1.1 Global Lubricant Viscosity Index Improvers Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Lubricant Viscosity Index Improvers Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Lubricant Viscosity Index Improvers Market Size by Country/Region (2020-2025)
4.2.1 Global Lubricant Viscosity Index Improvers Annual Sales by Country/Region (2020-2025)
4.2.2 Global Lubricant Viscosity Index Improvers Annual Revenue by Country/Region (2020-2025)
4.3 Americas Lubricant Viscosity Index Improvers Sales Growth
4.4 APAC Lubricant Viscosity Index Improvers Sales Growth
4.5 Europe Lubricant Viscosity Index Improvers Sales Growth
4.6 Middle East & Africa Lubricant Viscosity Index Improvers Sales Growth
5 Americas
5.1 Americas Lubricant Viscosity Index Improvers Sales by Country
5.1.1 Americas Lubricant Viscosity Index Improvers Sales by Country (2020-2025)
5.1.2 Americas Lubricant Viscosity Index Improvers Revenue by Country (2020-2025)
5.2 Americas Lubricant Viscosity Index Improvers Sales by Type (2020-2025)
5.3 Americas Lubricant Viscosity Index Improvers Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lubricant Viscosity Index Improvers Sales by Region
6.1.1 APAC Lubricant Viscosity Index Improvers Sales by Region (2020-2025)
6.1.2 APAC Lubricant Viscosity Index Improvers Revenue by Region (2020-2025)
6.2 APAC Lubricant Viscosity Index Improvers Sales by Type (2020-2025)
6.3 APAC Lubricant Viscosity Index Improvers Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Lubricant Viscosity Index Improvers by Country
7.1.1 Europe Lubricant Viscosity Index Improvers Sales by Country (2020-2025)
7.1.2 Europe Lubricant Viscosity Index Improvers Revenue by Country (2020-2025)
7.2 Europe Lubricant Viscosity Index Improvers Sales by Type (2020-2025)
7.3 Europe Lubricant Viscosity Index Improvers Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lubricant Viscosity Index Improvers by Country
8.1.1 Middle East & Africa Lubricant Viscosity Index Improvers Sales by Country (2020-2025)
8.1.2 Middle East & Africa Lubricant Viscosity Index Improvers Revenue by Country (2020-2025)
8.2 Middle East & Africa Lubricant Viscosity Index Improvers Sales by Type (2020-2025)
8.3 Middle East & Africa Lubricant Viscosity Index Improvers Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Lubricant Viscosity Index Improvers
10.3 Manufacturing Process Analysis of Lubricant Viscosity Index Improvers
10.4 Industry Chain Structure of Lubricant Viscosity Index Improvers
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Lubricant Viscosity Index Improvers Distributors
11.3 Lubricant Viscosity Index Improvers Customer
12 World Forecast Review for Lubricant Viscosity Index Improvers by Geographic Region
12.1 Global Lubricant Viscosity Index Improvers Market Size Forecast by Region
12.1.1 Global Lubricant Viscosity Index Improvers Forecast by Region (2026-2031)
12.1.2 Global Lubricant Viscosity Index Improvers Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Lubricant Viscosity Index Improvers Forecast by Type (2026-2031)
12.7 Global Lubricant Viscosity Index Improvers Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Lubrizol
13.1.1 Lubrizol Company Information
13.1.2 Lubrizol Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.1.3 Lubrizol Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Lubrizol Main Business Overview
13.1.5 Lubrizol Latest Developments
13.2 Chevron Oronite
13.2.1 Chevron Oronite Company Information
13.2.2 Chevron Oronite Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.2.3 Chevron Oronite Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Chevron Oronite Main Business Overview
13.2.5 Chevron Oronite Latest Developments
13.3 Infineum
13.3.1 Infineum Company Information
13.3.2 Infineum Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.3.3 Infineum Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Infineum Main Business Overview
13.3.5 Infineum Latest Developments
13.4 Afton Chemical
13.4.1 Afton Chemical Company Information
13.4.2 Afton Chemical Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.4.3 Afton Chemical Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Afton Chemical Main Business Overview
13.4.5 Afton Chemical Latest Developments
13.5 BASF
13.5.1 BASF Company Information
13.5.2 BASF Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.5.3 BASF Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 BASF Main Business Overview
13.5.5 BASF Latest Developments
13.6 Evonik
13.6.1 Evonik Company Information
13.6.2 Evonik Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.6.3 Evonik Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Evonik Main Business Overview
13.6.5 Evonik Latest Developments
13.7 Sanyo Chemical
13.7.1 Sanyo Chemical Company Information
13.7.2 Sanyo Chemical Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.7.3 Sanyo Chemical Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Sanyo Chemical Main Business Overview
13.7.5 Sanyo Chemical Latest Developments
13.8 BRB International
13.8.1 BRB International Company Information
13.8.2 BRB International Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.8.3 BRB International Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 BRB International Main Business Overview
13.8.5 BRB International Latest Developments
13.9 Shenyang Great Wall Lubricant
13.9.1 Shenyang Great Wall Lubricant Company Information
13.9.2 Shenyang Great Wall Lubricant Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.9.3 Shenyang Great Wall Lubricant Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Shenyang Great Wall Lubricant Main Business Overview
13.9.5 Shenyang Great Wall Lubricant Latest Developments
13.10 Jinzhou Kangtai Lubricant Additives
13.10.1 Jinzhou Kangtai Lubricant Additives Company Information
13.10.2 Jinzhou Kangtai Lubricant Additives Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.10.3 Jinzhou Kangtai Lubricant Additives Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Jinzhou Kangtai Lubricant Additives Main Business Overview
13.10.5 Jinzhou Kangtai Lubricant Additives Latest Developments
13.11 Goncord Oil (Yingkou)
13.11.1 Goncord Oil (Yingkou) Company Information
13.11.2 Goncord Oil (Yingkou) Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.11.3 Goncord Oil (Yingkou) Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Goncord Oil (Yingkou) Main Business Overview
13.11.5 Goncord Oil (Yingkou) Latest Developments
13.12 Tianjin J&D Technology
13.12.1 Tianjin J&D Technology Company Information
13.12.2 Tianjin J&D Technology Lubricant Viscosity Index Improvers Product Portfolios and Specifications
13.12.3 Tianjin J&D Technology Lubricant Viscosity Index Improvers Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Tianjin J&D Technology Main Business Overview
13.12.5 Tianjin J&D Technology Latest Developments
14 Research Findings and Conclusion
*If Applicable.
