Add 2 More Reports For 20% off

Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Viscosity Index Improver Market Size

The global viscosity index improver market is expected to grow at a CAGR of 4.3% during the period 2025-2034. Viscosity index improvers are widely employed in gear oils, multigrade engine oils, automatic transmission fluids, power-steering fluids, greases and some types of hydraulic fluid.

viscosity index improver market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The most regular application is for heavy-duty trucks and passenger cars. Materials usually employed to prepare viscosity index improvers include radial polyisoprene, polyisobutylene (PIB), polymethacrylates (PMA) and olefin co-polymers (OCP). Europe, North America, and Asia are likely to be significant markets. 

Global Market Likely to be Boosted by Uses in Industrial and Automotive Lubricant Formulations

Viscosity control versus temperature change is a key aspect of an effective and enduring lubricant. Several applications rotate between hot and cold operating temperatures and warrant similar levels of protection and lubrication all through the process.

Viscosity index improvers or viscosity modifiers prevent lubricant thinning at higher temperatures. Decreased lubricant viscosity and resultant thinning of the lubricant may diminish the protective properties of the lubricant and cause damage to the equipment. 

Viscosity index improvers are complex polymer additives that expand at higher temperatures to thicken the lubricant to make sure that the viscosity remains consistent and stable, protecting the equipment at high as well as low temperatures. Viscosity improvers enable multigrade oil formulation which eliminates the need for cyclical oil changes. The choice of viscosity index improver depends on considerations of finished fluid requirements. Polymers with high molecular weight display superior thickening efficiency, but are more prone to mechanical shear; on the other hand, polymers with lower molecular weight exhibit better shear stability but need to be employed at a higher treat rate. Some types of polymer are susceptible to oxidative and thermal degradation at elevated temperatures, thus, it becomes necessary to choose a polymer with higher oxidative and thermal stability.

Solutions by Leading Companies Expected to Stimulate Market Growth

Companies like Afton offer many types of polymer-based viscosity index improvers that function effectively in a broad range of mineral oil lubricant applications. Afton offers a variety of Olefin Copolymer (OCP) viscosity index improvers in liquid as well as solid forms. These OCP VIIs are oil soluble and well-suited to several different lubricant formulations. The company also offers many Polymethacrylate (PMA) based viscosity index improvers (VII) that may be used in multiple industrial and automotive lubricant formulations. Afton's HiTEC® Viscosity Index Improvers may also be employed in many non-lubricant related uses.

Evonik's Oil Additives Team provides a wide range of viscosity index improvers for economical blending of high performance driveline fluids with superior thickening efficiency. VISCOPLEX® solutions allow optimum energy efficiency, decreased torque loss, lesser operating temperatures and service life component durability. Functionalized variants allow achievement of prolonged fluid service life.

RiiSO distributes a variety of viscosity index improvers for the production of high quality lubricants.  TRiiSO distributes solid viscosity index improvers in bale form as well as in pellets; it also distributes liquid viscosity index improver additives.

Such solutions by solution-providers are likely to drive the global viscosity index improver market.

Demand for More Fuel-efficient Lubricants that Display Higher Performance Expected to Boost Market Growth 

Sectors such as OEMs, manufacturers of passenger vehicles, heavy duty equipment, and lubricant end-users continually demand more fuel-efficient enduring and better performing lubricants. Such demand for fluids that display superior function in severe conditions and are usable all the year round in all types of climate has led to increased use of high viscosity index high performance fluids in automotive and industrial applications. To fulfil such demands, companies like Lubrizol offer efficient solutions. Lubrizol has devised an advanced polymer additive technology called Asteric™; the technology enables polymer architecture control otherwise not possible with conventional polymer additives. Such offerings are expected to boost the global viscosity index improver market.

Market Segmentation

viscosity index improver market by segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

By product type, the market is segmented into:

  • Polymethylacrylate (PMA)
  • Ethylene Propylene Copolymer (OCP)
  • Hydrostyrene Diene Copolymer (HSD)
  • Polyisobutylene (PIB)
  • Others

By application, the market is divided into: 

  • Automotive Lubricants
  • Industrial Lubricants

By region, the market is classified into:

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

Key Industry Players in the Viscosity Index Improver Industry

The report extensively analyses significant players in the global viscosity index improver market, assesses their capacity, and observes newest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Infineum International Limited
  • Chevron Oronite
  • The Lubrizol Corporation
  • Sanyo Chemical Industries
  • LANXESS AG
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • Region
Breakup by Product Type
  • Polymethylacrylate (PMA)
  • Ethylene Propylene Copolymer (OCP)
  • Hydrostyrene Diene Copolymer (HSD)
  • Polyisobutylene (PIB)
  • Others
Breakup by Application
  • Automotive Lubricants
  • Industrial Lubricants
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Infineum International Limited
  • Chevron Oronite
  • The Lubrizol Corporation
  • Sanyo Chemical Industries
  • LANXESS AG
  • Others

Viscosity Index Improver Market Report Snapshots

Viscosity Index Improver Market Size

Viscosity Index Improver Market Growth

Viscosity Index Improver Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

The market is assessed to grow at a CAGR of 4.3% between 2025 and 2034.

The major market drivers are the growing automotive industry coupled with an upsurge in global automobile sales and rising industrialisation.

The key market trends include the increasing adoption of electric vehicles and use of sophisticated industrial equipment.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various product types in the market for viscosity index improvers include polymethylacrylate (PMA), ethylene propylene copolymer (OCP), hydrostyrene diene copolymer (HSD), and polyisobutylene (PIB), among others.

The different applications in the market for viscosity index improvers include automotive lubricants and industrial lubricants.

The major players in the market are Infineum International Limited, Chevron Oronite, The Lubrizol Corporation, Sanyo Chemical Industries, and LANXESS AG, among others.

The significance of viscosity is that it defines the internal friction of a moving fluid.

A higher viscosity index indicates a slower flowing fluid as well as a thicker fluid.

Datasheet

10 % Off

USD

2,499

2,249

Single User License

10 % Off

USD

3,999

3,599

Five User License

15 % Off

USD

4,999

4,249

Corporate License

15 % Off

USD

5,999

5,099

Datasheet

One User

USD 2,499

USD 2,249

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Single User License

One User

USD 3,999

USD 3,599

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Five User License

Five User

USD 4,999

USD 4,249

tax inclusive*

  • All Selected Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 5,999

USD 5,099

tax inclusive*

  • All Selected Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124