Lubricant Viscosity Modifier global market

Lubricant Viscosity Modifier global market

Lubricant Viscosity Modifier Global Market Research 2026

Lubricant Viscosity Modifier Global Market Research 2026 market report providing analysis of industry trends, market dynamics, regional insights, competitive landscape, and growth forecast.

Pages: 220

Format: PDF

Date: 12-2025

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Market Summary – Global Lubricant Viscosity Modifier Market

The global Lubricant Viscosity Modifier market is a critical component of the lubricant additives industry, supporting performance optimization across automotive and industrial lubricants. Viscosity modifiers enable lubricants to maintain stable viscosity across a wide temperature range, improving fuel efficiency, engine protection, and equipment durability. Their role has become increasingly important with the adoption of advanced engine technologies and stringent emission and fuel economy regulations.

In 2025, the global Lubricant Viscosity Modifier market is valued at USD XX million and is projected to reach USD XX million by 2036, expanding at a CAGR of X.X% during 2026–2036. Market growth is primarily driven by rising vehicle parc, increasing demand for multigrade oils, and growth in industrial machinery usage. Technological advancements in polymer chemistry and increasing penetration of high-performance synthetic lubricants further support market expansion.

The competitive environment is characterized by the dominance of a few global additive majors with strong R&D capabilities, complemented by regional manufacturers serving cost-sensitive and localized markets.

Market Segmentation Analysis

1. By Chemical Class

OCP-based (Olefin Copolymer)

OCP-based viscosity modifiers represent the largest segment due to their cost efficiency, good shear stability, and wide applicability in passenger and commercial vehicle lubricants. They are extensively used in both mineral and semi-synthetic oils, particularly in multigrade engine oils.

PMA-based (Polymethacrylate)

PMA-based modifiers are preferred for premium and synthetic lubricant formulations owing to their excellent low-temperature performance and superior viscosity index improvement. These are widely adopted in high-performance PCMOs and specialty industrial lubricants.

Styrenics-based

Styrenics-based viscosity modifiers offer strong shear stability and thermal resistance, making them suitable for heavy-duty and high-stress operating conditions. Their adoption is increasing in HDMOs and industrial gear oils.

2. By Viscosity Grade

Multigrade Oils

Multigrade oils dominate the market, driven by global automotive trends favoring fuel-efficient and all-season lubricants. Viscosity modifiers are essential for enabling wide viscosity spreads such as 0W-20, 5W-30, and 10W-40 grades.

Monograde Oils

Monograde oils represent a smaller but stable segment, primarily used in older engines, specific industrial equipment, and regions with less stringent performance requirements.

3. By Application

PCMOs (Passenger Car Motor Oils)

PCMOs account for the largest application share, supported by rising global vehicle ownership, frequent oil change cycles, and increasing demand for low-viscosity, fuel-efficient engine oils.

HDMOs (Heavy-Duty Motor Oils)

HDMOs form a significant growth segment due to expanding commercial transportation, construction activities, and mining operations. High shear stability viscosity modifiers are critical in this segment.

Hydraulic Fluids

Viscosity modifiers are increasingly used in hydraulic fluids to ensure stable performance across varying operating temperatures in industrial and mobile equipment.

Gear Oils

Gear oils require viscosity modifiers with strong thermal and oxidative stability to withstand high loads and friction, particularly in automotive and industrial gear systems.

Others

Includes transmission fluids, marine lubricants, agricultural oils, and specialty industrial applications.

Key Players Analysis

The Lubricant Viscosity Modifier market is highly consolidated, with a small number of multinational additive manufacturers accounting for a significant share of global production. These companies compete on formulation expertise, proprietary polymer technologies, customer integration, and global supply capabilities.

Key market participants include:

  • Chevron Oronite
  • Evonik
  • Infineum
  • Lubrizol
  • NewMarket
  • AMTECOL
  • Croda International
  • LANXESS
  • MidContinental Chemical
  • Nanjing Runyou Chemical Industry Additive
  • Sanyo Chemical Industries
  • Shenyang Great Wall Lubricating Oil Manufacturing
  • Jinzhou Kangtai Lubricant Additives

Global leaders focus heavily on R&D-driven product differentiation, OEM approvals, and long-term supply agreements with lubricant blenders, while regional players compete on cost, customization, and domestic market access.

Regional Analysis

North America

North America is a mature and technology-driven market, led by the United States. Strong demand for premium PCMOs and HDMOs, coupled with stringent fuel economy and emission standards, drives adoption of advanced viscosity modifier formulations. High penetration of synthetic lubricants supports demand for PMA-based products.

Europe

Europe is characterized by strict environmental regulations and a strong shift toward low-viscosity, fuel-efficient engine oils. Demand is driven by advanced automotive technologies and sustainability-focused lubricant formulations. OCP and PMA-based modifiers dominate, with increasing use in hybrid and modern ICE vehicles.

Asia-Pacific

Asia-Pacific is the fastest-growing region, driven by rapid vehicle population growth, industrial expansion, and increasing lubricant consumption in China, India, Japan, and Southeast Asia. While cost-effective OCP-based modifiers dominate, demand for high-performance PMA-based products is rising in premium vehicle segments.

Central & South America

This region exhibits steady growth supported by expanding automotive aftermarket demand and industrial activity. Brazil and Argentina are key markets, with strong consumption of multigrade engine oils for passenger and commercial vehicles.

Middle East & Africa

Growth in the Middle East & Africa is supported by infrastructure development, mining, oil & gas operations, and rising vehicle ownership. Demand is primarily centered on HDMOs and industrial lubricants, favoring shear-stable and thermally robust viscosity modifiers.

DRTO — Lubricant Viscosity Modifier Market

Drivers

  1. Demand for Fuel Efficiency and Emission Reduction
    Regulatory and OEM pressure to improve vehicle fuel economy and lower emissions is accelerating adoption of low-viscosity multigrade oils. Viscosity modifiers are essential to achieve broad temperature performance while retaining film strength and protection.
  2. Growth in Vehicle Parc and Industrial Machinery
    Increasing numbers of passenger vehicles, commercial fleets, and industrial machines drive overall lubricant consumption, creating sustained demand for viscosity modifiers across passenger car motor oils (PCMOs), heavy-duty motor oils (HDMOs), hydraulic fluids and gear oils.
  3. Shift to Synthetic and Semi-Synthetic Lubricants
    Broader use of synthetic and semi-synthetic base oils (PAOs, esters, Group III+) requires advanced polymeric viscosity improvers to deliver targeted viscosity indices and long-term shear stability in premium formulations.
  4. Performance Requirements from High-Technology Engines and Equipment
    Modern engines, turbocharging, downsizing, start-stop systems and high-speed gearsets require lubricants with tighter viscosity control and thermal stability. This technical demand favors higher-performance polymer chemistries.
  5. Aftermarket & Maintenance Practices
    Global aftermarket activity and structured maintenance regimes in commercial fleets generate recurring demand for formulated lubricants and, by extension, the additive packages that include viscosity modifiers.

Restraints

  1. Raw Material Cost Volatility
    Price swings in monomers, olefin feedstocks and base chemicals increase production cost variability for polymeric viscosity modifiers, pressuring margins and pricing predictability.
  2. Technical Trade-offs (Shear Stability vs. Cost)
    Lower-cost olefin copolymers (OCPs) deliver acceptable performance at a low price but can lose viscosity under shear. Higher-performance chemistries (PMA, styrenic block copolymers) address shear loss but at higher cost, creating formulation trade-offs that restrain universal adoption.
  3. Base-Oil & Additive Substitution Effects
    Advances in base oil technologies (higher-quality Group III+, PAO, esters) and alternative additive systems can reduce required VI improver dosages in some formulations, limiting volume growth for classic modifiers.
  4. Stringent Qualification and Approval Cycles
    OEM and industry approvals (for engine warranties and specifications) require extensive validation. Lengthy qualification processes raise market entry barriers and slow adoption of new chemistries.

Trends

  1. Premiumization of Additive Chemistries
    Increasing share of PMA and styrenic-based viscosity modifiers in premium lubricant grades, driven by demand for superior low-temperature flow and shear stability.
  2. Sustainability and Regulatory-Driven Reformulation
    Reformulation initiatives prioritize lower fuel consumption and reduced lifecycle environmental impacts. Development of VI improvers with improved biodegradability, lower VOCs, or derived from bio-based monomers is accelerating.
  3. Regionalization of Supply Chains
    Producers are expanding regional manufacturing footprints (notably in Asia-Pacific and Latin America) to shorten supply chains, lower logistics costs, and better serve local blenders.
  4. Higher Emphasis on Technical Service and Co-development
    Suppliers increasingly offer technical support, co-development with blenders and OEM collaboration to achieve specification approvals and improve product stickiness.
  5. Focus on Multi-Functional Additive Packages
    Integration of viscosity modifiers with other performance additives (friction modifiers, antioxidants) to deliver balanced, multi-functional lubricant solutions optimized for fuel economy and durability.

Opportunities

  1. High-Growth Emerging Markets
    Rapid vehicle parc growth and expanding industrialization in Asia, Latin America and Africa offer scale opportunities for both global and regional additive suppliers.
  2. Industrial & Heavy-Duty Segments
    High-value segments — heavy-duty engines, mining, construction, gear and hydraulic systems — require shear-stable, thermally robust VI solutions and present opportunities for premium pricing and long-term supply contracts.
  3. Next-Generation VI Chemistries
    Investment in R&D for polymers that combine excellent low-temperature performance, high shear stability and improved environmental footprint can capture premium segments and differentiate suppliers.
  4. Service-Based Commercial Models
    Technical partnership agreements, customized additive blends and performance-guarantee contracts with blenders/OEMs can create recurring revenue and higher customer retention.
  5. Toll Manufacturing & Licensing
    Licensing polymer platforms or offering toll-manufacturing services enables rapid regional scale-up and lowers capital risk for companies seeking market entry.

Competitive Landscape — Lubricant Viscosity Modifier Market

Market Structure

  • Concentrated at the top; fragmented at the base. A limited group of global additive majors controls a large share of premium, specification-driven volumes. A larger pool of regional and local suppliers competes in cost-sensitive and rapidly growing domestic markets.
  • Chemistry-driven segmentation. Market segmentation by chemistry (OCP, PMA, styrenic) dictates value tiers: OCPs for mass-market cost leadership, PMAs and styrenics for higher-performance, higher-margin segments.

Competitor Tiers and Typical Attributes

  • Tier-1 (Global majors):
    Characteristics: Extensive R&D, proprietary polymer platforms, global manufacturing and logistics, established OEM and blender relationships, capability to obtain industry approvals and deliver integrated technical services.
    Competitive advantages: Scale economics, formulation expertise, global supply reliability, and ability to support complex OEM qualifications.
  • Tier-2 (Regional specialists and specialty chemical firms):
    Characteristics: Strong regional presence, targeted polymer or formulation expertise, agility in customer service, and competitive pricing in local markets.
    Competitive advantages: Faster order fulfillment, customized packages, cost-effective local sourcing.
  • Tier-3 (Local commodity suppliers and toll manufacturers):
    Characteristics: Price-driven offerings, shorter development cycles, limited approval credentials, often focused on bulk OCP supplies or simple VI improver packages.
    Competitive advantages: Very competitive price points and rapid responsiveness for commodity segments.

Key Competitive Behaviors and Strategic Moves

  1. Investment in R&D and New Polymer Platforms
    Sustained investment in polymer chemistry to improve shear stability, low-temperature properties, and environmental attributes is a primary competitive lever.
  2. OEM & Blender Qualification Programs
    Securing OEM approvals and strategic co-development partnerships with large lubricant blenders is a dominant route to stable, long-term volumes.
  3. Regional Capacity Expansion
    Players expand manufacturing footprints in high-growth geographies to reduce lead times and logistics exposure and to align with local regulatory or sourcing preferences.
  4. Value-Added Services
    Technical support, on-site blending assistance, customized packages, and performance guarantees serve as differentiation beyond price.
  5. Selective M&A and Partnerships
    Acquisitions, technology licensing and joint ventures are used to acquire polymer IP, access new geographies, and broaden product portfolios.

Barriers to Entry and Competitive Risks

  • High technical and approval barriers. Robust test matrices (shear, HTHS, oxidation), OEM audits, and lengthy validation cycles require significant technical and commercial investments.
  • Scale advantages for incumbents. Large players leverage polymer production scale, global logistics and existing customer relationships to maintain pricing and service advantages.
  • Price competition in commodity segments. Local players and commodity suppliers exert pressure on volumes and margins for OCP-based modifiers.

Strategic Implications for Market Participants

  • Incumbents should continue to invest in advanced polymer chemistries, secure OEM approvals, expand regional manufacturing in high-growth markets, and enhance technical service offerings to protect premium margins.
  • Regional players should focus on niche segments (industrial, HD applications), accelerate customer-specific formulation capabilities, and offer competitive toll-manufacturing or co-development models to move up the value chain.
  • New entrants and investors should consider acquiring technology/IP or forming tolling partnerships to overcome capital and approval barriers, and target aftermarket or industrial segments initially to establish traction before pursuing OEM-dominated PCMO volumes.

Executive Summary

The Lubricant Viscosity Modifier market is driven by global trends toward lower-viscosity, fuel-efficient lubricants and increasing use of synthetic base oils; it balances technical demands (shear stability, low-temperature performance) with cost pressures and raw-material volatility. Market leadership is determined by polymer technology, OEM approvals and regional supply capabilities. Growth opportunities are strongest in premium HD and industrial applications and in emerging geographies, while barriers include technical qualification cycles and incumbent scale advantages.

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Table of Contents

Global Lubricant Viscosity Modifier Market Professional Survey Report
1 Industry Overview of Lubricant Viscosity Modifier
    1.1 Definition and Specifications of Lubricant Viscosity Modifier
        1.1.1 Definition of Lubricant Viscosity Modifier
        1.1.2 Specifications of Lubricant Viscosity Modifier
    1.2 Classification of Lubricant Viscosity Modifier
        1.2.1 OCP-based
        1.2.2 PMA-based
        1.2.3 Styrenics-based
    1.3 Applications of Lubricant Viscosity Modifier
        1.3.1 PCMOs
        1.3.2 HDMOs
        1.3.3 Hydraulic Fluids
        1.3.4 Gear Oils
        1.3.5 Others
    1.4 Market Segment by Regions
        1.4.1 North America
        1.4.2 Europe
        1.4.3 China
        1.4.4 Japan
        1.4.5 Southeast Asia
        1.4.6 India

2 Manufacturing Cost Structure Analysis of Lubricant Viscosity Modifier
    2.1 Raw Material and Suppliers
    2.2 Manufacturing Cost Structure Analysis of Lubricant Viscosity Modifier
    2.3 Manufacturing Process Analysis of Lubricant Viscosity Modifier
    2.4 Industry Chain Structure of Lubricant Viscosity Modifier

3 Technical Data and Manufacturing Plants Analysis of Lubricant Viscosity Modifier
    3.1 Capacity and Commercial Production Date of Global Lubricant Viscosity Modifier Major Manufacturers
    3.2 Manufacturing Plants Distribution of Global Lubricant Viscosity Modifier Major Manufacturers
    3.3 R&D Status and Technology Source of Global Lubricant Viscosity Modifier Major Manufacturers
    3.4 Raw Materials Sources Analysis of Global Lubricant Viscosity Modifier Major Manufacturers

4 Global Lubricant Viscosity Modifier Overall Market Overview
    4.1 2013-E Overall Market Analysis
    4.2 Capacity Analysis
        4.2.1 2013-E Global Lubricant Viscosity Modifier Capacity and Growth Rate Analysis
        4.2.2 2017 Lubricant Viscosity Modifier Capacity Analysis (Company Segment)
    4.3 Sales Analysis
        4.3.1 2013-E Global Lubricant Viscosity Modifier Sales and Growth Rate Analysis
        4.3.2 2017 Lubricant Viscosity Modifier Sales Analysis (Company Segment)
    4.4 Sales Price Analysis
        4.4.1 2013-E Global Lubricant Viscosity Modifier Sales Price
        4.4.2 2017 Lubricant Viscosity Modifier Sales Price Analysis (Company Segment)

5 Lubricant Viscosity Modifier Regional Market Analysis
    5.1 North America Lubricant Viscosity Modifier Market Analysis
        5.1.1 North America Lubricant Viscosity Modifier Market Overview
        5.1.2 North America 2013-E Lubricant Viscosity Modifier Local Supply, Import, Export, Local Consumption Analysis
        5.1.3 North America 2013-E Lubricant Viscosity Modifier Sales Price Analysis
        5.1.4 North America 2017 Lubricant Viscosity Modifier Market Share Analysis
    5.2 Europe Lubricant Viscosity Modifier Market Analysis
        5.2.1 Europe Lubricant Viscosity Modifier Market Overview
        5.2.2 Europe 2013-E Lubricant Viscosity Modifier Local Supply, Import, Export, Local Consumption Analysis
        5.2.3 Europe 2013-E Lubricant Viscosity Modifier Sales Price Analysis
        5.2.4 Europe 2017 Lubricant Viscosity Modifier Market Share Analysis
    5.3 China Lubricant Viscosity Modifier Market Analysis
        5.3.1 China Lubricant Viscosity Modifier Market Overview
        5.3.2 China 2013-E Lubricant Viscosity Modifier Local Supply, Import, Export, Local Consumption Analysis
        5.3.3 China 2013-E Lubricant Viscosity Modifier Sales Price Analysis
        5.3.4 China 2017 Lubricant Viscosity Modifier Market Share Analysis
    5.4 Japan Lubricant Viscosity Modifier Market Analysis
        5.4.1 Japan Lubricant Viscosity Modifier Market Overview
        5.4.2 Japan 2013-E Lubricant Viscosity Modifier Local Supply, Import, Export, Local Consumption Analysis
        5.4.3 Japan 2013-E Lubricant Viscosity Modifier Sales Price Analysis
        5.4.4 Japan 2017 Lubricant Viscosity Modifier Market Share Analysis
    5.5 Southeast Asia Lubricant Viscosity Modifier Market Analysis
        5.5.1 Southeast Asia Lubricant Viscosity Modifier Market Overview
        5.5.2 Southeast Asia 2013-E Lubricant Viscosity Modifier Local Supply, Import, Export, Local Consumption Analysis
        5.5.3 Southeast Asia 2013-E Lubricant Viscosity Modifier Sales Price Analysis
        5.5.4 Southeast Asia 2017 Lubricant Viscosity Modifier Market Share Analysis
    5.6 India Lubricant Viscosity Modifier Market Analysis
        5.6.1 India Lubricant Viscosity Modifier Market Overview
        5.6.2 India 2013-E Lubricant Viscosity Modifier Local Supply, Import, Export, Local Consumption Analysis
        5.6.3 India 2013-E Lubricant Viscosity Modifier Sales Price Analysis
        5.6.4 India 2017 Lubricant Viscosity Modifier Market Share Analysis

6 Global 2013-E Lubricant Viscosity Modifier Segment Market Analysis (by Type)
    6.1 Global 2013-E Lubricant Viscosity Modifier Sales by Type
    6.2 Different Types of Lubricant Viscosity Modifier Product Interview Price Analysis
    6.3 Different Types of Lubricant Viscosity Modifier Product Driving Factors Analysis
        6.3.1 OCP-based Growth Driving Factor Analysis
        6.3.2 PMA-based Growth Driving Factor Analysis
        6.3.3 Styrenics-based Growth Driving Factor Analysis

7 Global 2013-E Lubricant Viscosity Modifier Segment Market Analysis (by Application)
    7.1 Global 2013-E Lubricant Viscosity Modifier Consumption by Application
    7.2 Different Application of Lubricant Viscosity Modifier Product Interview Price Analysis
    7.3 Different Application of Lubricant Viscosity Modifier Product Driving Factors Analysis
        7.3.1 PCMOs of Lubricant Viscosity Modifier Growth Driving Factor Analysis
        7.3.2 HDMOs of Lubricant Viscosity Modifier Growth Driving Factor Analysis
        7.3.3 Hydraulic Fluids of Lubricant Viscosity Modifier Growth Driving Factor Analysis
        7.3.4 Gear Oils of Lubricant Viscosity Modifier Growth Driving Factor Analysis
        7.3.5 Others of Lubricant Viscosity Modifier Growth Driving Factor Analysis

8 Major Manufacturers Analysis of Lubricant Viscosity Modifier
    8.1 Chevron Oronite
        8.1.1 Company Profile
        8.1.2 Product Picture and Specifications
            8.1.2.1 Product A
            8.1.2.2 Product B
        8.1.3 Chevron Oronite 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.1.4 Chevron Oronite 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.2 Evonik
        8.2.1 Company Profile
        8.2.2 Product Picture and Specifications
            8.2.2.1 Product A
            8.2.2.2 Product B
        8.2.3 Evonik 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.2.4 Evonik 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.3 Infineum
        8.3.1 Company Profile
        8.3.2 Product Picture and Specifications
            8.3.2.1 Product A
            8.3.2.2 Product B
        8.3.3 Infineum 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.3.4 Infineum 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.4 Lubrizol
        8.4.1 Company Profile
        8.4.2 Product Picture and Specifications
            8.4.2.1 Product A
            8.4.2.2 Product B
        8.4.3 Lubrizol 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.4.4 Lubrizol 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.5 NewMarket
        8.5.1 Company Profile
        8.5.2 Product Picture and Specifications
            8.5.2.1 Product A
            8.5.2.2 Product B
        8.5.3 NewMarket 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.5.4 NewMarket 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.6 AMTECOL
        8.6.1 Company Profile
        8.6.2 Product Picture and Specifications
            8.6.2.1 Product A
            8.6.2.2 Product B
        8.6.3 AMTECOL 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.6.4 AMTECOL 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.7 Croda International
        8.7.1 Company Profile
        8.7.2 Product Picture and Specifications
            8.7.2.1 Product A
            8.7.2.2 Product B
        8.7.3 Croda International 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.7.4 Croda International 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.8 LANXESS
        8.8.1 Company Profile
        8.8.2 Product Picture and Specifications
            8.8.2.1 Product A
            8.8.2.2 Product B
        8.8.3 LANXESS 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.8.4 LANXESS 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.9 MidContinental Chemical
        8.9.1 Company Profile
        8.9.2 Product Picture and Specifications
            8.9.2.1 Product A
            8.9.2.2 Product B
        8.9.3 MidContinental Chemical 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.9.4 MidContinental Chemical 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.10 Nanjing Runyou Chemical Industry Additive
        8.10.1 Company Profile
        8.10.2 Product Picture and Specifications
            8.10.2.1 Product A
            8.10.2.2 Product B
        8.10.3 Nanjing Runyou Chemical Industry Additive 2017 Lubricant Viscosity Modifier Sales, Ex-factory Price, Revenue, Gross Margin Analysis
        8.10.4 Nanjing Runyou Chemical Industry Additive 2017 Lubricant Viscosity Modifier Business Region Distribution Analysis
    8.11 Sanyo Chemical Industries
    8.12 Shenyang Great Wall Lubricating Oil Manufacturing
    8.13 JINZHOU KANGTAI LUBRICANT ADDITIVES

9 Development Trend of Analysis of Lubricant Viscosity Modifier Market
    9.1 Global Lubricant Viscosity Modifier Market Trend Analysis
        9.1.1 Global -2025 Lubricant Viscosity Modifier Market Size (Volume and Value) Forecast
        9.1.2 Global -2025 Lubricant Viscosity Modifier Sales Price Forecast
    9.2 Lubricant Viscosity Modifier Regional Market Trend
        9.2.1 North America -2025 Lubricant Viscosity Modifier Consumption Forecast
        9.2.2 Europe -2025 Lubricant Viscosity Modifier Consumption Forecast
        9.2.3 China -2025 Lubricant Viscosity Modifier Consumption Forecast
        9.2.4 Japan -2025 Lubricant Viscosity Modifier Consumption Forecast
        9.2.5 Southeast Asia -2025 Lubricant Viscosity Modifier Consumption Forecast
        9.2.6 India -2025 Lubricant Viscosity Modifier Consumption Forecast
    9.3 Lubricant Viscosity Modifier Market Trend (Product Type)
    9.4 Lubricant Viscosity Modifier Market Trend (Application)

10 Lubricant Viscosity Modifier Marketing Type Analysis
    10.1 Lubricant Viscosity Modifier Regional Marketing Type Analysis
    10.2 Lubricant Viscosity Modifier International Trade Type Analysis
    10.3 Traders or Distributors with Contact Information of Lubricant Viscosity Modifier by Region
    10.4 Lubricant Viscosity Modifier Supply Chain Analysis

11 Consumers Analysis of Lubricant Viscosity Modifier
    11.1 Consumer 1 Analysis
    11.2 Consumer 2 Analysis
    11.3 Consumer 3 Analysis
    11.4 Consumer 4 Analysis

12 Conclusion of the Global Lubricant Viscosity Modifier Market Professional Survey Report 2017
    Methodology
    Analyst Introduction
    Data Source
List of Tables and Figures
    Figure Picture of Lubricant Viscosity Modifier
    Table Product Specifications of Lubricant Viscosity Modifier
    Table Classification of Lubricant Viscosity Modifier
    Figure Global Production Market Share of Lubricant Viscosity Modifier by Type
    Figure OCP-based Picture
    Table Major Manufacturers of OCP-based
    Figure PMA-based Picture
    Table Major Manufacturers of PMA-based
    Figure Styrenics-based Picture
    Table Major Manufacturers of Styrenics-based
    Table Applications of Lubricant Viscosity Modifier
    Figure Global Consumption Volume Market Share of Lubricant Viscosity Modifier by Application
    Figure PCMOs Examples
    Table Major Consumers in PCMOs
    Figure HDMOs Examples
    Table Major Consumers in HDMOs
    Figure Hydraulic Fluids Examples
    Table Major Consumers in Hydraulic Fluids
    Figure Gear Oils Examples
    Table Major Consumers in Gear Oils
    Figure Others Examples
    Table Major Consumers in Others
    Figure Market Share of Lubricant Viscosity Modifier by Regions
    Figure North America Lubricant Viscosity Modifier Market Size (Million USD) (2013-2025)
    Figure Europe Lubricant Viscosity Modifier Market Size (Million USD) (2013-2025)
    Figure China Lubricant Viscosity Modifier Market Size (Million USD) (2013-2025)
    Figure Japan Lubricant Viscosity Modifier Market Size (Million USD) (2013-2025)
    Figure Southeast Asia Lubricant Viscosity Modifier Market Size (Million USD) (2013-2025)
    Figure India Lubricant Viscosity Modifier Market Size (Million USD) (2013-2025)
    Table Lubricant Viscosity Modifier Raw Material and Suppliers
    Table Manufacturing Cost Structure Analysis of Lubricant Viscosity Modifier
    Figure Manufacturing Process Analysis of Lubricant Viscosity Modifier
    Figure Industry Chain Structure of Lubricant Viscosity Modifier
    Table Capacity and Commercial Production Date of Global Lubricant Viscosity Modifier Major Manufacturers
    Table Manufacturing Plants Distribution of Global Lubricant Viscosity Modifier Major Manufacturers
    Table R&D Status and Technology Source of Global Lubricant Viscosity Modifier Major Manufacturers
    Table Raw Materials Sources Analysis of Global Lubricant Viscosity Modifier Major Manufacturers
    Table Global Capacity, Sales , Price, Cost, Sales Revenue (M USD) and Gross Margin of Lubricant Viscosity Modifier 2013-E
    Figure Global 2013-E Lubricant Viscosity Modifier Market Size (Volume) and Growth Rate
    Figure Global 2013-E Lubricant Viscosity Modifier Market Size (Value) and Growth Rate
    Table 2013-E Global Lubricant Viscosity Modifier Capacity and Growth Rate
    Table 2017 Global Lubricant Viscosity Modifier Capacity (K MT) List (Company Segment)
    Table 2013-E Global Lubricant Viscosity Modifier Sales (K MT) and Growth Rate
    Table 2017 Global Lubricant Viscosity Modifier Sales (K MT) List (Company Segment)
    Table 2013-E Global Lubricant Viscosity Modifier Sales Price (USD/MT)
    Table 2017 Global Lubricant Viscosity Modifier Sales Price (USD/MT) List (Company Segment)
    Figure North America Capacity Overview
    Table North America Supply, Import, Export and Consumption (K MT) of Lubricant Viscosity Modifier 2013-E
    Figure North America 2013-E Lubricant Viscosity Modifier Sales Price (USD/MT)
    Figure North America 2017 Lubricant Viscosity Modifier Sales Market Share
    Figure Europe Capacity Overview
    Table Europe Supply, Import, Export and Consumption (K MT) of Lubricant Viscosity Modifier 2013-E
    Figure Europe 2013-E Lubricant Viscosity Modifier Sales Price (USD/MT)
    Figure Europe 2017 Lubricant Viscosity Modifier Sales Market Share
    Figure China Capacity Overview
    Table China Supply, Import, Export and Consumption (K MT) of Lubricant Viscosity Modifier 2013-E
    Figure China 2013-E Lubricant Viscosity Modifier Sales Price (USD/MT)
    Figure China 2017 Lubricant Viscosity Modifier Sales Market Share
    Figure Japan Capacity Overview
    Table Japan Supply, Import, Export and Consumption (K MT) of Lubricant Viscosity Modifier 2013-E
    Figure Japan 2013-E Lubricant Viscosity Modifier Sales Price (USD/MT)
    Figure Japan 2017 Lubricant Viscosity Modifier Sales Market Share
    Figure Southeast Asia Capacity Overview
    Table Southeast Asia Supply, Import, Export and Consumption (K MT) of Lubricant Viscosity Modifier 2013-E
    Figure Southeast Asia 2013-E Lubricant Viscosity Modifier Sales Price (USD/MT)
    Figure Southeast Asia 2017 Lubricant Viscosity Modifier Sales Market Share
    Figure India Capacity Overview
    Table India Supply, Import, Export and Consumption (K MT) of Lubricant Viscosity Modifier 2013-E
    Figure India 2013-E Lubricant Viscosity Modifier Sales Price (USD/MT)
    Figure India 2017 Lubricant Viscosity Modifier Sales Market Share
    Table Global 2013-E Lubricant Viscosity Modifier Sales (K MT) by Type
    Table Different Types Lubricant Viscosity Modifier Product Interview Price
    Table Global 2013-E Lubricant Viscosity Modifier Sales (K MT) by Application
    Table Different Application Lubricant Viscosity Modifier Product Interview Price
    Table Chevron Oronite Information List
    Table Product Overview
    Table 2017 Chevron Oronite Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 Chevron Oronite Lubricant Viscosity Modifier Business Region Distribution
    Table Evonik Information List
    Table Product Overview
    Table 2017 Evonik Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 Evonik Lubricant Viscosity Modifier Business Region Distribution
    Table Infineum Information List
    Table Product Overview
    Table 2017 Infineum Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 Infineum Lubricant Viscosity Modifier Business Region Distribution
    Table Lubrizol Information List
    Table Product Overview
    Table 2017 Lubrizol Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 Lubrizol Lubricant Viscosity Modifier Business Region Distribution
    Table NewMarket Information List
    Table Product Overview
    Table 2017 NewMarket Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 NewMarket Lubricant Viscosity Modifier Business Region Distribution
    Table AMTECOL Information List
    Table Product Overview
    Table 2017 AMTECOL Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 AMTECOL Lubricant Viscosity Modifier Business Region Distribution
    Table Croda International Information List
    Table Product Overview
    Table 2017 Croda International Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 Croda International Lubricant Viscosity Modifier Business Region Distribution
    Table LANXESS Information List
    Table Product Overview
    Table 2017 LANXESS Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 LANXESS Lubricant Viscosity Modifier Business Region Distribution
    Table MidContinental Chemical Information List
    Table Product Overview
    Table 2017 MidContinental Chemical Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 MidContinental Chemical Lubricant Viscosity Modifier Business Region Distribution
    Table Nanjing Runyou Chemical Industry Additive Information List
    Table Product Overview
    Table 2017 Nanjing Runyou Chemical Industry Additive Lubricant Viscosity Modifier Revenue (Million USD), Sales (K MT), Ex-factory Price (USD/MT)
    Figure 2017 Nanjing Runyou Chemical Industry Additive Lubricant Viscosity Modifier Business Region Distribution
    Table Sanyo Chemical Industries Information List
    Table Shenyang Great Wall Lubricating Oil Manufacturing Information List
    Table JINZHOU KANGTAI LUBRICANT ADDITIVES Information List
    Figure Global -2025 Lubricant Viscosity Modifier Market Size (K MT) and Growth Rate Forecast
    Figure Global -2025 Lubricant Viscosity Modifier Market Size (Million USD) and Growth Rate Forecast
    Figure Global -2025 Lubricant Viscosity Modifier Sales Price (USD/MT) Forecast
    Figure North America -2025 Lubricant Viscosity Modifier Consumption Volume (K MT) and Growth Rate Forecast
    Figure China -2025 Lubricant Viscosity Modifier Consumption Volume (K MT) and Growth Rate Forecast
    Figure Europe -2025 Lubricant Viscosity Modifier Consumption Volume (K MT) and Growth Rate Forecast
    Figure Southeast Asia -2025 Lubricant Viscosity Modifier Consumption Volume (K MT) and Growth Rate Forecast
    Figure Japan -2025 Lubricant Viscosity Modifier Consumption Volume (K MT) and Growth Rate Forecast
    Figure India -2025 Lubricant Viscosity Modifier Consumption Volume (K MT) and Growth Rate Forecast
    Table Global Sales Volume (K MT) of Lubricant Viscosity Modifier by Type -2025
    Table Global Consumption Volume (K MT) of Lubricant Viscosity Modifier by Application -2025
    Table Traders or Distributors with Contact Information of Lubricant Viscosity Modifier by Region

Market Segmentation Analysis

1. By Chemical Class

OCP-based (Olefin Copolymer)

OCP-based viscosity modifiers represent the largest segment due to their cost efficiency, good shear stability, and wide applicability in passenger and commercial vehicle lubricants. They are extensively used in both mineral and semi-synthetic oils, particularly in multigrade engine oils.

PMA-based (Polymethacrylate)

PMA-based modifiers are preferred for premium and synthetic lubricant formulations owing to their excellent low-temperature performance and superior viscosity index improvement. These are widely adopted in high-performance PCMOs and specialty industrial lubricants.

Styrenics-based

Styrenics-based viscosity modifiers offer strong shear stability and thermal resistance, making them suitable for heavy-duty and high-stress operating conditions. Their adoption is increasing in HDMOs and industrial gear oils.

2. By Viscosity Grade

Multigrade Oils

Multigrade oils dominate the market, driven by global automotive trends favoring fuel-efficient and all-season lubricants. Viscosity modifiers are essential for enabling wide viscosity spreads such as 0W-20, 5W-30, and 10W-40 grades.

Monograde Oils

Monograde oils represent a smaller but stable segment, primarily used in older engines, specific industrial equipment, and regions with less stringent performance requirements.

3. By Application

PCMOs (Passenger Car Motor Oils)

PCMOs account for the largest application share, supported by rising global vehicle ownership, frequent oil change cycles, and increasing demand for low-viscosity, fuel-efficient engine oils.

HDMOs (Heavy-Duty Motor Oils)

HDMOs form a significant growth segment due to expanding commercial transportation, construction activities, and mining operations. High shear stability viscosity modifiers are critical in this segment.

Hydraulic Fluids

Viscosity modifiers are increasingly used in hydraulic fluids to ensure stable performance across varying operating temperatures in industrial and mobile equipment.

Gear Oils

Gear oils require viscosity modifiers with strong thermal and oxidative stability to withstand high loads and friction, particularly in automotive and industrial gear systems.

Others

Includes transmission fluids, marine lubricants, agricultural oils, and specialty industrial applications.

Key Players Analysis

The Lubricant Viscosity Modifier market is highly consolidated, with a small number of multinational additive manufacturers accounting for a significant share of global production. These companies compete on formulation expertise, proprietary polymer technologies, customer integration, and global supply capabilities.

Key market participants include:

  • Chevron Oronite
  • Evonik
  • Infineum
  • Lubrizol
  • NewMarket
  • AMTECOL
  • Croda International
  • LANXESS
  • MidContinental Chemical
  • Nanjing Runyou Chemical Industry Additive
  • Sanyo Chemical Industries
  • Shenyang Great Wall Lubricating Oil Manufacturing
  • Jinzhou Kangtai Lubricant Additives

Global leaders focus heavily on R&D-driven product differentiation, OEM approvals, and long-term supply agreements with lubricant blenders, while regional players compete on cost, customization, and domestic market access.

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