
The global Lubricant Viscosity Modifier market was valued at US$ 2891 million in 2023 and is anticipated to reach US$ 3757 million by 2030, witnessing a CAGR of 3.9% during the forecast period 2024-2030.
Lubricant viscosity modifier 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 lubricant viscosity modifier 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 modifier 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 modifier 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 lubricant viscosity modifier to enhance temperature stability.
Industrial Applications: The rise in industrial machinery and equipment, which requires specialized lubricants, is boosting the demand for lubricant viscosity modifier. 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. lubricant viscosity modifier 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 lubricant viscosity modifier 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. lubricant viscosity modifier help lubricants maintain optimal flow properties, contributing to energy savings.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Lubricant Viscosity Modifier, 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 Lubricant Viscosity Modifier.
The Lubricant Viscosity Modifier market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Lubricant Viscosity Modifier 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 Lubricant Viscosity Modifier 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.
Market Segmentation
By Company
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
by Type
Olefin Copolymers (OCP) Based
Polymethacrylate(PMA) Based
Other
by Application
Engine Oils
Transmission Fluids
Hydraulic Fluids
Gear Oils
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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 Lubricant Viscosity Modifier manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lubricant Viscosity Modifier 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 Lubricant Viscosity Modifier 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.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Lubricant Viscosity Modifier Market Overview
1.1 Product Definition
1.2 Lubricant Viscosity Modifier by Type
1.2.1 Global Lubricant Viscosity Modifier Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Olefin Copolymers (OCP) Based
1.2.3 Polymethacrylate(PMA) Based
1.2.4 Other
1.3 Lubricant Viscosity Modifier by Application
1.3.1 Global Lubricant Viscosity Modifier Market Value Growth Rate Analysis by Application: 2023 VS 2030
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 Lubricant Viscosity Modifier Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lubricant Viscosity Modifier Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lubricant Viscosity Modifier Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lubricant Viscosity Modifier Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lubricant Viscosity Modifier Production Market Share by Manufacturers (2019-2024)
2.2 Global Lubricant Viscosity Modifier Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lubricant Viscosity Modifier, Industry Ranking, 2022 VS 2023
2.4 Global Lubricant Viscosity Modifier Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Lubricant Viscosity Modifier Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lubricant Viscosity Modifier, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lubricant Viscosity Modifier, Product Offered and Application
2.8 Global Key Manufacturers of Lubricant Viscosity Modifier, Date of Enter into This Industry
2.9 Lubricant Viscosity Modifier Market Competitive Situation and Trends
2.9.1 Lubricant Viscosity Modifier Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lubricant Viscosity Modifier Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lubricant Viscosity Modifier Production by Region
3.1 Global Lubricant Viscosity Modifier Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lubricant Viscosity Modifier Production Value by Region (2019-2030)
3.2.1 Global Lubricant Viscosity Modifier Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lubricant Viscosity Modifier by Region (2025-2030)
3.3 Global Lubricant Viscosity Modifier Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lubricant Viscosity Modifier Production by Region (2019-2030)
3.4.1 Global Lubricant Viscosity Modifier Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lubricant Viscosity Modifier by Region (2025-2030)
3.5 Global Lubricant Viscosity Modifier Market Price Analysis by Region (2019-2024)
3.6 Global Lubricant Viscosity Modifier Production and Value, Year-over-Year Growth
3.6.1 North America Lubricant Viscosity Modifier Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lubricant Viscosity Modifier Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lubricant Viscosity Modifier Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lubricant Viscosity Modifier Production Value Estimates and Forecasts (2019-2030)
4 Lubricant Viscosity Modifier Consumption by Region
4.1 Global Lubricant Viscosity Modifier Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lubricant Viscosity Modifier Consumption by Region (2019-2030)
4.2.1 Global Lubricant Viscosity Modifier Consumption by Region (2019-2030)
4.2.2 Global Lubricant Viscosity Modifier Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lubricant Viscosity Modifier Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lubricant Viscosity Modifier Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lubricant Viscosity Modifier Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lubricant Viscosity Modifier Consumption by Country (2019-2030)
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 Lubricant Viscosity Modifier Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lubricant Viscosity Modifier Consumption by Region (2019-2030)
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 Lubricant Viscosity Modifier Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lubricant Viscosity Modifier Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Lubricant Viscosity Modifier Production by Type (2019-2030)
5.1.1 Global Lubricant Viscosity Modifier Production by Type (2019-2024)
5.1.2 Global Lubricant Viscosity Modifier Production by Type (2025-2030)
5.1.3 Global Lubricant Viscosity Modifier Production Market Share by Type (2019-2030)
5.2 Global Lubricant Viscosity Modifier Production Value by Type (2019-2030)
5.2.1 Global Lubricant Viscosity Modifier Production Value by Type (2019-2024)
5.2.2 Global Lubricant Viscosity Modifier Production Value by Type (2025-2030)
5.2.3 Global Lubricant Viscosity Modifier Production Value Market Share by Type (2019-2030)
5.3 Global Lubricant Viscosity Modifier Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lubricant Viscosity Modifier Production by Application (2019-2030)
6.1.1 Global Lubricant Viscosity Modifier Production by Application (2019-2024)
6.1.2 Global Lubricant Viscosity Modifier Production by Application (2025-2030)
6.1.3 Global Lubricant Viscosity Modifier Production Market Share by Application (2019-2030)
6.2 Global Lubricant Viscosity Modifier Production Value by Application (2019-2030)
6.2.1 Global Lubricant Viscosity Modifier Production Value by Application (2019-2024)
6.2.2 Global Lubricant Viscosity Modifier Production Value by Application (2025-2030)
6.2.3 Global Lubricant Viscosity Modifier Production Value Market Share by Application (2019-2030)
6.3 Global Lubricant Viscosity Modifier Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Lubrizol
7.1.1 Lubrizol Lubricant Viscosity Modifier Company Information
7.1.2 Lubrizol Lubricant Viscosity Modifier Product Portfolio
7.1.3 Lubrizol Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.2.2 Chevron Oronite Lubricant Viscosity Modifier Product Portfolio
7.2.3 Chevron Oronite Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.3.2 Infineum Lubricant Viscosity Modifier Product Portfolio
7.3.3 Infineum Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.4.2 Afton Chemical Lubricant Viscosity Modifier Product Portfolio
7.4.3 Afton Chemical Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.5.2 BASF Lubricant Viscosity Modifier Product Portfolio
7.5.3 BASF Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
7.5.4 BASF Main Business and Markets Served
7.5.5 BASF Recent Developments/Updates
7.6 Evonik
7.6.1 Evonik Lubricant Viscosity Modifier Company Information
7.6.2 Evonik Lubricant Viscosity Modifier Product Portfolio
7.6.3 Evonik Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.7.2 Sanyo Chemical Lubricant Viscosity Modifier Product Portfolio
7.7.3 Sanyo Chemical Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.8.2 BRB International Lubricant Viscosity Modifier Product Portfolio
7.8.3 BRB International Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.9.2 Shenyang Great Wall Lubricant Lubricant Viscosity Modifier Product Portfolio
7.9.3 Shenyang Great Wall Lubricant Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.10.2 Jinzhou Kangtai Lubricant Additives Lubricant Viscosity Modifier Product Portfolio
7.10.3 Jinzhou Kangtai Lubricant Additives Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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) Lubricant Viscosity Modifier Company Information
7.11.2 Goncord Oil (Yingkou) Lubricant Viscosity Modifier Product Portfolio
7.11.3 Goncord Oil (Yingkou) Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Company Information
7.12.2 Tianjin J&D Technology Lubricant Viscosity Modifier Product Portfolio
7.12.3 Tianjin J&D Technology Lubricant Viscosity Modifier Production, Value, Price and Gross Margin (2019-2024)
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 Lubricant Viscosity Modifier Industry Chain Analysis
8.2 Lubricant Viscosity Modifier Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lubricant Viscosity Modifier Production Mode & Process
8.4 Lubricant Viscosity Modifier Sales and Marketing
8.4.1 Lubricant Viscosity Modifier Sales Channels
8.4.2 Lubricant Viscosity Modifier Distributors
8.5 Lubricant Viscosity Modifier Customers
9 Lubricant Viscosity Modifier Market Dynamics
9.1 Lubricant Viscosity Modifier Industry Trends
9.2 Lubricant Viscosity Modifier Market Drivers
9.3 Lubricant Viscosity Modifier Market Challenges
9.4 Lubricant Viscosity Modifier 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
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
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*If Applicable.
