Sep 19, 2017   SOURCE: BusinessWire

Global Lubricant Viscosity Grade Improvers Market 2017-2021: Growing Demand for Lubricants With Enhanced Fuel Economy - Research and Markets

The "Global Lubricant Viscosity Grade Improvers Market 2017-2021" report has been added to Research and Markets' offering.

The global lubricant viscosity grade improvers market to grow at a CAGR of 2.58% during the period 2017-2021.

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.

According to the report, one of the major drivers for this market is Demand for lubricants with enhanced fuel economy. With every level of technology upgrade in this market, the demand for new lubricant with enhanced fuel economy also increases. Even the consumers who are planning to own a car in the near future or are currently owning a car, are demanding cars that are highly fuel efficient and cost effective.

The latest trend gaining momentum in the market is Growth in industrial gear oil market. Industrial gear oils are a segment of the industrial lubricant market where viscosity grade improvers are used. Although industrial gear oil market is niche, it is an attractive segment for investors. The demand for industrial gear oil is expected to grow at a CAGR of 2.05% during the forecast period. This growth is expected due to the remarkable expansion of the manufacturing and construction sectors, especially in APAC and Europe.

Key vendors

  • Chevron Oronite
  • Evonik
  • Infineum
  • Lubrizol
  • NewMarket

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

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Chemical Class

Part 07: Market Segmentation By Viscosity Grade

Part 08: Market Segmentation By End-User

Part 09: Geographical Segmentation

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Key Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/7f9n2j/global_lubricant