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Global Lubricant Viscosity Index Improvers Market Research Report 2025
Synopsis
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 global Lubricant Viscosity Index Improvers market was valued at US$ 2631.7 million in 2023 and is anticipated to reach US$ 2904.1 million by 2030, witnessing a CAGR of 1.4% during the forecast period 2024-2030.
Global Lubricant Viscosity Index Improvers key players include Lubrizol, Oronite, Infineum, Afton, Sanyo Chemical, etc. Global top five manufacturers hold a share about 80%. Asia-Pacific is the largest market, with a share about 35%, followed by North America, with a share about 30 percent. In terms of product, OCP Type is the largest segment, with a share about 50%. And in terms of application, the largest application is Automotive Lubricants, followed by Industrial Lubricants, etc.
This report aims to provide a comprehensive presentation of the global market for Lubricant 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 Lubricant Viscosity Index Improvers.
Report Scope
The Lubricant Viscosity Index Improvers 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 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 Lubricant 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.
Market Segmentation
By Company
Lubrizol
Oronite
Infineum
Afton
BASF
Evonik
Sanyo Chemical
Shengyang Greatwall
Nanjing Runyou
Xingyun Chemical
Shanghai High-Lube Additives
YASHIKE LAI’EN
BPT Chemical
Segment by Type
Olefin Copolymer VI Improver (OCP)
Polymethacrylate Viscosity Index Improver (PMA)
Others(Such as PIB, SEBS)
Segment by Application
Automotive Lubricants
Industrial Lubricants
Others
Production by Region
North America
Europe
China
Japan
Southeast Asia
Middle East
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
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 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 Lubricant 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 Lubricant 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.
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 global Lubricant Viscosity Index Improvers market was valued at US$ 2631.7 million in 2023 and is anticipated to reach US$ 2904.1 million by 2030, witnessing a CAGR of 1.4% during the forecast period 2024-2030.
Global Lubricant Viscosity Index Improvers key players include Lubrizol, Oronite, Infineum, Afton, Sanyo Chemical, etc. Global top five manufacturers hold a share about 80%. Asia-Pacific is the largest market, with a share about 35%, followed by North America, with a share about 30 percent. In terms of product, OCP Type is the largest segment, with a share about 50%. And in terms of application, the largest application is Automotive Lubricants, followed by Industrial Lubricants, etc.
This report aims to provide a comprehensive presentation of the global market for Lubricant 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 Lubricant Viscosity Index Improvers.
Report Scope
The Lubricant Viscosity Index Improvers 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 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 Lubricant 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.
Market Segmentation
By Company
Lubrizol
Oronite
Infineum
Afton
BASF
Evonik
Sanyo Chemical
Shengyang Greatwall
Nanjing Runyou
Xingyun Chemical
Shanghai High-Lube Additives
YASHIKE LAI’EN
BPT Chemical
Segment by Type
Olefin Copolymer VI Improver (OCP)
Polymethacrylate Viscosity Index Improver (PMA)
Others(Such as PIB, SEBS)
Segment by Application
Automotive Lubricants
Industrial Lubricants
Others
Production by Region
North America
Europe
China
Japan
Southeast Asia
Middle East
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
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 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 Lubricant 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 Lubricant 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.
Index1 Lubricant Viscosity Index Improvers Market Overview
1.1 Product Definition
1.2 Lubricant Viscosity Index Improvers Segment by Type
1.2.1 Global Lubricant Viscosity Index Improvers Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Olefin Copolymer VI Improver (OCP)
1.2.3 Polymethacrylate Viscosity Index Improver (PMA)
1.2.4 Others(Such as PIB, SEBS)
1.3 Lubricant Viscosity Index Improvers Segment by Application
1.3.1 Global Lubricant Viscosity Index Improvers Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive Lubricants
1.3.3 Industrial Lubricants
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Lubricant Viscosity Index Improvers Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Lubricant Viscosity Index Improvers Production Estimates and Forecasts (2019-2030)
1.4.4 Global Lubricant Viscosity Index Improvers Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lubricant Viscosity Index Improvers Production Market Share by Manufacturers (2019-2024)
2.2 Global Lubricant Viscosity Index Improvers Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Lubricant Viscosity Index Improvers, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Lubricant Viscosity Index Improvers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lubricant Viscosity Index Improvers Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Lubricant Viscosity Index Improvers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lubricant Viscosity Index Improvers, Product Offered and Application
2.8 Global Key Manufacturers of Lubricant Viscosity Index Improvers, Date of Enter into This Industry
2.9 Lubricant Viscosity Index Improvers Market Competitive Situation and Trends
2.9.1 Lubricant Viscosity Index Improvers Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lubricant Viscosity Index Improvers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lubricant Viscosity Index Improvers Production by Region
3.1 Global Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Lubricant Viscosity Index Improvers Production Value by Region (2019-2030)
3.2.1 Global Lubricant Viscosity Index Improvers Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Lubricant Viscosity Index Improvers by Region (2025-2030)
3.3 Global Lubricant Viscosity Index Improvers Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Lubricant Viscosity Index Improvers Production by Region (2019-2030)
3.4.1 Global Lubricant Viscosity Index Improvers Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Lubricant Viscosity Index Improvers by Region (2025-2030)
3.5 Global Lubricant Viscosity Index Improvers Market Price Analysis by Region (2019-2024)
3.6 Global Lubricant Viscosity Index Improvers Production and Value, Year-over-Year Growth
3.6.1 North America Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts (2019-2030)
3.6.5 Southeast Asia Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts (2019-2030)
3.6.6 Middle East Lubricant Viscosity Index Improvers Production Value Estimates and Forecasts (2019-2030)
4 Lubricant Viscosity Index Improvers Consumption by Region
4.1 Global Lubricant Viscosity Index Improvers Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Lubricant Viscosity Index Improvers Consumption by Region (2019-2030)
4.2.1 Global Lubricant Viscosity Index Improvers Consumption by Region (2019-2024)
4.2.2 Global Lubricant Viscosity Index Improvers Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Lubricant Viscosity Index Improvers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Lubricant Viscosity Index Improvers Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lubricant Viscosity Index Improvers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Lubricant Viscosity Index Improvers 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 Index Improvers Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Lubricant Viscosity Index Improvers 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 Index Improvers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Lubricant Viscosity Index Improvers Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Lubricant Viscosity Index Improvers Production by Type (2019-2030)
5.1.1 Global Lubricant Viscosity Index Improvers Production by Type (2019-2024)
5.1.2 Global Lubricant Viscosity Index Improvers Production by Type (2025-2030)
5.1.3 Global Lubricant Viscosity Index Improvers Production Market Share by Type (2019-2030)
5.2 Global Lubricant Viscosity Index Improvers Production Value by Type (2019-2030)
5.2.1 Global Lubricant Viscosity Index Improvers Production Value by Type (2019-2024)
5.2.2 Global Lubricant Viscosity Index Improvers Production Value by Type (2025-2030)
5.2.3 Global Lubricant Viscosity Index Improvers Production Value Market Share by Type (2019-2030)
5.3 Global Lubricant Viscosity Index Improvers Price by Type (2019-2030)
6 Segment by Application
6.1 Global Lubricant Viscosity Index Improvers Production by Application (2019-2030)
6.1.1 Global Lubricant Viscosity Index Improvers Production by Application (2019-2024)
6.1.2 Global Lubricant Viscosity Index Improvers Production by Application (2025-2030)
6.1.3 Global Lubricant Viscosity Index Improvers Production Market Share by Application (2019-2030)
6.2 Global Lubricant Viscosity Index Improvers Production Value by Application (2019-2030)
6.2.1 Global Lubricant Viscosity Index Improvers Production Value by Application (2019-2024)
6.2.2 Global Lubricant Viscosity Index Improvers Production Value by Application (2025-2030)
6.2.3 Global Lubricant Viscosity Index Improvers Production Value Market Share by Application (2019-2030)
6.3 Global Lubricant Viscosity Index Improvers Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Lubrizol
7.1.1 Lubrizol Lubricant Viscosity Index Improvers Corporation Information
7.1.2 Lubrizol Lubricant Viscosity Index Improvers Product Portfolio
7.1.3 Lubrizol Lubricant Viscosity Index Improvers 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 Oronite
7.2.1 Oronite Lubricant Viscosity Index Improvers Corporation Information
7.2.2 Oronite Lubricant Viscosity Index Improvers Product Portfolio
7.2.3 Oronite Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Oronite Main Business and Markets Served
7.2.5 Oronite Recent Developments/Updates
7.3 Infineum
7.3.1 Infineum Lubricant Viscosity Index Improvers Corporation Information
7.3.2 Infineum Lubricant Viscosity Index Improvers Product Portfolio
7.3.3 Infineum Lubricant Viscosity Index Improvers 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
7.4.1 Afton Lubricant Viscosity Index Improvers Corporation Information
7.4.2 Afton Lubricant Viscosity Index Improvers Product Portfolio
7.4.3 Afton Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Afton Main Business and Markets Served
7.4.5 Afton Recent Developments/Updates
7.5 BASF
7.5.1 BASF Lubricant Viscosity Index Improvers Corporation Information
7.5.2 BASF Lubricant Viscosity Index Improvers Product Portfolio
7.5.3 BASF Lubricant Viscosity Index Improvers 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 Index Improvers Corporation Information
7.6.2 Evonik Lubricant Viscosity Index Improvers Product Portfolio
7.6.3 Evonik Lubricant Viscosity Index Improvers 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 Index Improvers Corporation Information
7.7.2 Sanyo Chemical Lubricant Viscosity Index Improvers Product Portfolio
7.7.3 Sanyo Chemical Lubricant Viscosity Index Improvers 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 Shengyang Greatwall
7.8.1 Shengyang Greatwall Lubricant Viscosity Index Improvers Corporation Information
7.8.2 Shengyang Greatwall Lubricant Viscosity Index Improvers Product Portfolio
7.8.3 Shengyang Greatwall Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Shengyang Greatwall Main Business and Markets Served
7.7.5 Shengyang Greatwall Recent Developments/Updates
7.9 Nanjing Runyou
7.9.1 Nanjing Runyou Lubricant Viscosity Index Improvers Corporation Information
7.9.2 Nanjing Runyou Lubricant Viscosity Index Improvers Product Portfolio
7.9.3 Nanjing Runyou Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Nanjing Runyou Main Business and Markets Served
7.9.5 Nanjing Runyou Recent Developments/Updates
7.10 Xingyun Chemical
7.10.1 Xingyun Chemical Lubricant Viscosity Index Improvers Corporation Information
7.10.2 Xingyun Chemical Lubricant Viscosity Index Improvers Product Portfolio
7.10.3 Xingyun Chemical Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Xingyun Chemical Main Business and Markets Served
7.10.5 Xingyun Chemical Recent Developments/Updates
7.11 Shanghai High-Lube Additives
7.11.1 Shanghai High-Lube Additives Lubricant Viscosity Index Improvers Corporation Information
7.11.2 Shanghai High-Lube Additives Lubricant Viscosity Index Improvers Product Portfolio
7.11.3 Shanghai High-Lube Additives Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shanghai High-Lube Additives Main Business and Markets Served
7.11.5 Shanghai High-Lube Additives Recent Developments/Updates
7.12 YASHIKE LAI’EN
7.12.1 YASHIKE LAI’EN Lubricant Viscosity Index Improvers Corporation Information
7.12.2 YASHIKE LAI’EN Lubricant Viscosity Index Improvers Product Portfolio
7.12.3 YASHIKE LAI’EN Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.12.4 YASHIKE LAI’EN Main Business and Markets Served
7.12.5 YASHIKE LAI’EN Recent Developments/Updates
7.13 BPT Chemical
7.13.1 BPT Chemical Lubricant Viscosity Index Improvers Corporation Information
7.13.2 BPT Chemical Lubricant Viscosity Index Improvers Product Portfolio
7.13.3 BPT Chemical Lubricant Viscosity Index Improvers Production, Value, Price and Gross Margin (2019-2024)
7.13.4 BPT Chemical Main Business and Markets Served
7.13.5 BPT Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lubricant Viscosity Index Improvers Industry Chain Analysis
8.2 Lubricant Viscosity Index Improvers Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lubricant Viscosity Index Improvers Production Mode & Process
8.4 Lubricant Viscosity Index Improvers Sales and Marketing
8.4.1 Lubricant Viscosity Index Improvers Sales Channels
8.4.2 Lubricant Viscosity Index Improvers Distributors
8.5 Lubricant Viscosity Index Improvers Customers
9 Lubricant Viscosity Index Improvers Market Dynamics
9.1 Lubricant Viscosity Index Improvers Industry Trends
9.2 Lubricant Viscosity Index Improvers Market Drivers
9.3 Lubricant Viscosity Index Improvers Market Challenges
9.4 Lubricant Viscosity Index Improvers Market Restraints
10 Research Finding 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
Published By : QY Research
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