Viscosity index market growth is expected to accelerate quickly, especially in the lubricant industries. The growth rate is so fast that it is difficult to gauge. The viscosity index improver is a measurement used to gauge a liquid's fluid. You can imagine this as the difference between water and honey. The viscosity is needed in the lubricant industry because it has to work in multiple environments and different situations. Also, some different casalfrs and machines operate in different areas of the world. So, viscosity is an additive that saves lubricants from being spoiled. 

Something is growing quickly, and it is a viscosity market. 

Everything is happening because businesses rely on better engine lubrication. Lubricant manufacturers, heavy-duty engine manufacturers, passenger car manufacturers, and OEMs always strive for better, longer-lasting, fuel-efficient lubricants. 

Market Growth and Key Players

From 2023 to 2028, the global viscosity index improver market is expected to grow 4.3% yearly. This trend is due to the growing need for high-performance lubricants that work well in various temperatures and conditions. Here are some of the top companies in this field. To understand the development and key players.

Evonik Industries

Evonik Industries is a market leader in viscosity index improvers, and its VISCOPLEX brand includes a wide range of goods. These substances are used in hydraulic fluids, engine oils, and gear oils, which helps vehicles use less gas and drain their oils more often.

The Lubrizol Corporation

Another big player is the Lubrizol Corporation, which sells a lot of different viscosity index improvers under the Lubrizol and LZ brands. These items work better with different lubricants by adapting to their needs.

Infineum International Limited

As its main business, Infineum International Limited creates and makes gasoline additives, such as viscosity index improvers. The Infineum SVTM line is one of their products. It is known for having great shear stability and viscosity control.

Chevron Oronite Company LLC

Chevron Oronite Company LLC is a top provider of lubricant additives. Under the OLOA name, they offer a wide range of viscosity index improvers. The automotive and industrial lubricant industries are always changing, so these goods are made to keep up.

Sanyo Chemical Industries

Sanyo Chemical Industries is a well-known company that improves customer viscosity indexes worldwide. Under the brand name SANVISTM, their goods are known for being of high quality and always working well.

Chempol Chemical and additives industry

Chempol Specialty Additives Company is one of the above-renowned companies that have made a mark in the additives industry worldwide, especially in the UAE. They manufacture multiple products and have made the lubricant industry a success. 

Materials for Viscosity Index Improvers

Polyisobutylene (PIB)

Synthetic polyisobutylene (PIB). Making liquid-thickening products is common. The transparent, viscous liquid dissolves in several substances. Its high molecular weight makes PIB a useful thickener. Shear stability indicates strong shear forces can't shatter it.

PIB is found in hydraulic fluids, motor oils, and gear oils. These fluids thin when hot, helping the engine and other parts. PIB can help cars use less gas by minimising friction between moving parts.

Radial Polyisoprene

Radial polyisoprene is another PIB-like synthetic polymer. It dissolves in many liquids and chemicals and is translucent and thick. Radial polyisoprene thickens well due to its high molecular weight. Shear stability means powerful shear forces won't break it.

Radial polyisoprene is used in hydraulic, gear, and engine oils. High temperatures make these fluids less viscous, which helps the engine and other components last longer. Radial polyisoprene reduces friction between car parts, saving petrol.

Polymethacrylates (PMA)

PMA, or polymethacrylates, are synthetic polymers that make lubricant viscosity index improvers. PMAs are viscous, water-like liquids that dissolve in many chemical solvents. Their high molecular weight allows them to thicken objects. Shear stability means PMAs won't break down under high shear loads.

PMAs can be found in hydraulic fluids, motor oils, and gear oils. They reduce fluid viscosity at high temperatures, which helps sustain the engine and other components. PMAs reduce friction between moving parts, reducing gas consumption.

Olefin Copolymers (OCP)

There are many uses for "olefin co-polymers" (OCP), including making oil viscosity index improver compounds. OCPs are thick, clear liquids that dissolve in many chemical solvents. Their high molecular weight allows them to thicken objects. Shear stability means OCPs won't break down at high shear loads.

OCPs are found in hydraulic fluids, motor oils, gear oils, and gear oil derivatives. They reduce fluid viscosity at high temperatures, which helps sustain the engine and other components. By minimizing friction between moving parts, OCPs help cars use less gas.

Key Markets

It is more common for people in North America, Europe, and Asia to be interested in lube oil additives viscosity index improvers than in any other region. The automotive industry in these regions is robust, and people are increasingly concerned about reducing fuel use and safeguarding the environment. As a result, they are supporting the use of technology-based lubricants.

As high-performance lubricants continue to gain popularity, the market for viscosity index improvers is witnessing substantial expansion. This is a direct outcome of the increased demand for these products. When satisfying this requirement, there is no way to emphasise the significance of huge firms like Evonik Industries, The Lubrizol Corporation, Infineum International Limited, Chevron Oronite Company LLC, and Sanyo Chemical Industries. Increasing the substance's viscosity is accomplished by developing innovative and reliable methods. Given the ongoing development of the automotive and industrial sectors, it is highly likely that the market for viscosity index improvers will continue to increase for a considerable amount of time. This is because of the steady evolution of these industries.