Report forecast the global lubricant viscosity grade
improvers market to grow at a CAGR of 2.37% over the period 2014-2019.
Lubricant viscosity grade improvers are polymer-based
components that are added to lubricants to prevent fluctuations in viscosity
with changes in temperature. The three classes of viscosity grade improvers are
OCPs, methacrylates, and styrenics. Most of the PCMOs and top grade HDMOs use
viscosity grade improvers in their formulations.
High demand for automobiles, and implementation of
new energy and emission control measures by various countries across the world
have led to increased adoption of advanced lubricant formulations that involve
extensive use of viscosity improvers.
Global Lubricant Viscosity Grade Improvers Market
2015-2019, has been prepared based on an in-depth market analysis with inputs
from various industry experts. The report includes a comprehensive discussion
on the market, an extensive coverage on different types of end-user segments,
chemical classes, viscosity grades, and demand-supply dynamics in various
geographies. The report provides comments on both the existing market landscape
and its growth prospects over the forecast period.
According to the report, a major portion of the
engine oil produced is consumed by the transportation sector, especially the
automobile segment, owing to the additives being used in the manufacturing and
finishing of various automobile parts.
The report further includes a discussion on the key
vendors operating in this market.
The report presents data on the following segments of
the market:
- End-users: PCMO, HDMO, hydraulic fluids, gear oils, and others
- Chemical classes: OCP, PMA, and styrenics
- Viscosity grades: Mono-grade engine oils and multi-grade engine oils
- Geography: APAC, EMEA, North America, and ROW
Key players in the Global Lubricant Viscosity Grade
Improvers Market: Afton, Chevron
Oronite, Evonik, Infineum, and Lubrizol.
Other Prominent Vendors in the market are: Amtecol,
Croda, Jinzhou Kangtai, and MidContinental Chemical.
Market driver
- Development of new emission control technologies
- For a full, detailed list, view our report
Market challenge
- Increased adoption of hybrid electric vehicles
- For a full, detailed list, view our report
Market trend
- Increased use of high performance base stocks
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the various end-uses and potential applications for the product?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space and what is the nature of competition between them?
- What are the market opportunities and threats faced by the key vendors?
Spanning over 67 pages “Global Lubricant Viscosity Improvers Market 2015-2019” report
covers Executive Summary, Scope of the Report, Market Research Methodology,
Introduction, Market landscape, Market segmentation by end user, Market
segmentation by chemical class, Market segmentation by viscosity grade,
Market segmentation by geography,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For further information on this report, please visit- http://mrr.cm/oQB
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