Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Lubricant Viscosity Modifier Market by Type (OCP-Based, PMA-Based, Styrenics-Based), By Application (PCMOs, HDMOs, Hydraulic Fluids, Gear Oils, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Lubricant Viscosity Modifier Market by Type (OCP-Based, PMA-Based, Styrenics-Based), By Application (PCMOs, HDMOs, Hydraulic Fluids, Gear Oils, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 315677 4200 Chemical & Material 377 125 Pages 4.9 (39)
                                          

Market Overview:


The global lubricant viscosity modifier market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX%, during the forecast period. The growth of the market can be attributed to the increasing demand for lubricants from various end-use industries, such as automotive, industrial, and others. In addition, stringent environmental regulations regarding emissions are driving the demand for low-viscosity lubricants. However, volatility in raw material prices may restrain the growth of this market during the forecast period. Based on type, OCP-based viscosity modifiers accounted for a major share of the global lubricant viscosity modifier market in 2017. This segment is projected to grow at a CAGR of XX% from 2018 to 2030. PMA-based modifiers are expected to grow at a higher rate than other types during the forecast period owing to their superior properties such as thermal stability and oxidative stability over OCPs and styrenics modifiers respectively.


Global Lubricant Viscosity Modifier Industry Outlook


Product Definition:


A lubricant viscosity modifier is a substance that is added to a lubricant to change its viscosity. The purpose of adding a viscosity modifier is to make the lubricant more resistant to shear forces, which can cause it to thin out and lose its ability to protect against wear and tear.


OCP-Based:


OCP-based is short for Octylcyclohexane. It is a type of synthetic viscosity index improver (VI) that can be used in lubricants to increase their viscosity without the risk of clouding or sedimentation. OCP-based products are widely used by several industries such as automotive, construction, and food processing owing to its non-toxic and non-corrosive properties.


PMA-Based:


Polymer Modified Oil (PMO) is a viscosity additive that enhances the properties of lubricating oils. It consists of polymeric chains and esters, which are added to conventional mineral oil during their processing. The product improves the overall performance by offering high stability, low volatility, and less foam formation compared to traditional additives such as SBR or SLM.


Application Insights:


The others segment includes engine oils and greases. Engine oil is the major application of the product in other applications include hydraulic fluids and gear oils. The global demand for these products from this sector has witnessed a rise due to their high performance properties which enable them to meet various environmental requirements along with providing enhanced durability under extreme operating conditions. Gear oil is one of the most important applications as it provides protection against metal-to-metal contact that occurs between two gears when they are meshed together. This results in increased efficiency as well as helps extend the life of industrial machinery components such as reduction gearing systems, planetary drives, spur gears and shafts among many others.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various application industries, such as industrial machinery, automotive, mining and construction. China is one of the largest markets for viscosity modifier products owing to rapid industrialization along with increasing foreign investments in this country.


The Latin American market also held a significant share in terms of revenue and volume due to high demand from end-use industries coupled with growing awareness regarding lubricant properties & applications among consumers. However, low penetration rate for these products coupled with limited R&D capabilities are some factors that may hinder regional growth during the forecast period.


Europe was another major shareholder in terms of revenue owing mainly to large number/scale production facilities present across countries such as Germany, U.K.


Growth Factors:


  • Increasing demand for fuel-efficient vehicles
  • Stringent environmental regulations across the globe
  • Rising demand from end-use industries such as automotive and transportation
  • Growing investments in R&D by lubricant manufacturers to develop new products
  • Proliferation of nanotechnology

Scope Of The Report

Report Attributes

Report Details

Report Title

Lubricant Viscosity Modifier Market Research Report

By Type

OCP-Based, PMA-Based, Styrenics-Based

By Application

PCMOs, HDMOs, Hydraulic Fluids, Gear Oils, Others

By Companies

Chevron Oronite, Evonik, Infineum, Lubrizol, NewMarket, AMTECOL, Croda International, LANXESS, MidContinental Chemical, Nanjing Runyou Chemical Industry Additive, Chevron Oronite, Shenyang Great Wall Lubricating Oil Manufacturing, JINZHOU KANGTAI LUBRICANT ADDITIVES

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

125

Number of Tables & Figures

88

Customization Available

Yes, the report can be customized as per your need.


Global Lubricant Viscosity Modifier Market Report Segments:

The global Lubricant Viscosity Modifier market is segmented on the basis of:

Types

OCP-Based, PMA-Based, Styrenics-Based

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

PCMOs, HDMOs, Hydraulic Fluids, Gear Oils, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Chevron Oronite
  2. Evonik
  3. Infineum
  4. Lubrizol
  5. NewMarket
  6. AMTECOL
  7. Croda International
  8. LANXESS
  9. MidContinental Chemical
  10. Nanjing Runyou Chemical Industry Additive
  11. Chevron Oronite
  12. Shenyang Great Wall Lubricating Oil Manufacturing
  13. JINZHOU KANGTAI LUBRICANT ADDITIVES

Global Lubricant Viscosity Modifier Market Overview


Highlights of The Lubricant Viscosity Modifier Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. OCP-Based
    2. PMA-Based
    3. Styrenics-Based
  1. By Application:

    1. PCMOs
    2. HDMOs
    3. Hydraulic Fluids
    4. Gear Oils
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Lubricant Viscosity Modifier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

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Global Lubricant Viscosity Modifier Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Lubricant viscosity modifier is a product that helps to reduce the viscosity of lubricants. This can make them easier to apply and less likely to cause build-up on parts.

Some of the major companies in the lubricant viscosity modifier market are Chevron Oronite, Evonik, Infineum, Lubrizol, NewMarket, AMTECOL, Croda International, LANXESS, MidContinental Chemical, Nanjing Runyou Chemical Industry Additive, Chevron Oronite, Shenyang Great Wall Lubricating Oil Manufacturing, JINZHOU KANGTAI LUBRICANT ADDITIVES.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lubricant Viscosity Modifier Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Lubricant Viscosity Modifier Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Lubricant Viscosity Modifier Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Lubricant Viscosity Modifier Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Lubricant Viscosity Modifier Market Size & Forecast, 2020-2028       4.5.1 Lubricant Viscosity Modifier Market Size and Y-o-Y Growth       4.5.2 Lubricant Viscosity Modifier Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 OCP-Based
      5.2.2 PMA-Based
      5.2.3 Styrenics-Based
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 PCMOs
      6.2.2 HDMOs
      6.2.3 Hydraulic Fluids
      6.2.4 Gear Oils
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Lubricant Viscosity Modifier Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Lubricant Viscosity Modifier Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 OCP-Based
      9.6.2 PMA-Based
      9.6.3 Styrenics-Based
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 PCMOs
      9.10.2 HDMOs
      9.10.3 Hydraulic Fluids
      9.10.4 Gear Oils
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 OCP-Based
      10.6.2 PMA-Based
      10.6.3 Styrenics-Based
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 PCMOs
      10.10.2 HDMOs
      10.10.3 Hydraulic Fluids
      10.10.4 Gear Oils
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 OCP-Based
      11.6.2 PMA-Based
      11.6.3 Styrenics-Based
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 PCMOs
      11.10.2 HDMOs
      11.10.3 Hydraulic Fluids
      11.10.4 Gear Oils
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 OCP-Based
      12.6.2 PMA-Based
      12.6.3 Styrenics-Based
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 PCMOs
      12.10.2 HDMOs
      12.10.3 Hydraulic Fluids
      12.10.4 Gear Oils
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 OCP-Based
      13.6.2 PMA-Based
      13.6.3 Styrenics-Based
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 PCMOs
      13.10.2 HDMOs
      13.10.3 Hydraulic Fluids
      13.10.4 Gear Oils
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Lubricant Viscosity Modifier Market: Competitive Dashboard
   14.2 Global Lubricant Viscosity Modifier Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Chevron Oronite
      14.3.2 Evonik
      14.3.3 Infineum
      14.3.4 Lubrizol
      14.3.5 NewMarket
      14.3.6 AMTECOL
      14.3.7 Croda International
      14.3.8 LANXESS
      14.3.9 MidContinental Chemical
      14.3.10 Nanjing Runyou Chemical Industry Additive
      14.3.11 Chevron Oronite
      14.3.12 Shenyang Great Wall Lubricating Oil Manufacturing
      14.3.13 JINZHOU KANGTAI LUBRICANT ADDITIVES

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