Press release
Key Research : Lubricant Viscosity Grade Improvers Market Globally Grow at a CAGR of 2.58% by Revenue During the Period 2017-2021
Viscosity grade improvers are polymers that are mixed with base oil to regulate the change of viscosity in the oil with the change in temperature. Shear stability and thickening capability are the most important parameters of a lubricant viscosity grade improver. They are made up of polymers such as olefin copolymers (OCPs), polymethacrylates (PMAs), and styrene block polymers.
Technavios analysts forecast the global lubricant viscosity grade improvers market to grow at a CAGR of 2.58% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global lubricant viscosity grade improvers market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
North America
APAC
EMEA
ROW
Technavio's report, Global Lubricant Viscosity Grade Improvers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Chevron Oronite
Evonik
Infineum
Lubrizol
NewMarket
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Other prominent vendors
AMTECOL
Croda International
JINZHOU KANGTAI LUBRICANT ADDITIVES
LANXESS
MidContinental Chemical
Nanjing Runyou Chemical Industry Additive
Sanyo Chemical Industries
Shenyang Great Wall Lubricating Oil Manufacturing
Market driver
Demand for lubricants with enhanced fuel economy
For a full, detailed list, view our report
Market challenge
Changes in oil prices
For a full, detailed list, view our report
Market trend
Growth in industrial gear oil market
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
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?
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