Lewes, DE -- (SBWIRE) -- 11/04/2015 -- 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://www.marketresearchreports.com/technavio/global-lubricant-viscosity-improvers-market-2015-2019

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