Cover Image
Market Research Report
Product code 
1047095

United States Viscosity Index (Vi) Improvers Market Forecast 2022-2028

Published: | Inkwood Research | 101 Pages | Delivery time: 2-3 business days

Price

Back to Top
United States Viscosity Index (Vi) Improvers Market Forecast 2022-2028
Published: January 19, 2022
Inkwood Research
Content info: 101 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

KEY FINDINGS

The United States viscosity index (VI) improvers market is anticipated to grow with a CAGR of 2.74% over the estimated period. The country's market growth is propelled by the increasing demand for automotive and industrial lubricants as well as the augmenting automobile industry. While the base year considered for the studied market is 2021, the forecasting years are from 2022 to 2028.

MARKET INSIGHTS

The United States' automotive industry is one of the largest application avenues for viscosity index improvers. However, despite the continued growth of the automotive industry over the last decade, the sector has exhibited a sharp deterioration since the beginning of 2019. The plummet is attributed to several factors, such as the trade war between the United States and China, in addition to the COVID-19 pandemic.

Furthermore, in the first nine months of 2020, the overall automobile manufacturing in the United States recorded a strong decline of approximately 25.1% year-on-year over the same period in 2019, reaching around 6.24 million vehicles from 8.33 million vehicles in January-April 2019. The manufacturing decline on account of the virus' outbreak has significantly impacted the country's automotive industry, thus indirectly affecting the demand for viscosity index improvers. As a result, these factors are set to facilitate the United States viscosity index (VI) improvers market growth during the forecasted years.

COMPETITIVE INSIGHTS

Leading companies operating in the market are: Exxon Mobil Corporation, The Lubrizol Corporation, Afton Chemical, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Product Code: 42647

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. COUNTRY SNAPSHOT
  • 2.3. COUNTRY ANALYSIS
  • 2.4. KEY GROWTH ENABLERS
  • 2.5. KEY CHALLENGES

3. KEY ANALYTICS

  • 3.1. IMPACT OF COVID-19 ON VISCOSITY INDEX (VI) IMPROVERS MARKET
  • 3.2. PESTLE ANALYSIS - UNITED STATES
  • 3.3. KEY MARKET TRENDS
  • 3.4. PORTER'S FIVE FORCES ANALYSIS
    • 3.4.1. BUYERS POWER
    • 3.4.2. SUPPLIERS POWER
    • 3.4.3. SUBSTITUTION
    • 3.4.4. NEW ENTRANTS
    • 3.4.5. INDUSTRY RIVALRY
  • 3.5. OPPORTUNITY MATRIX
  • 3.6. VENDOR LANDSCAPE

4. MARKET BY TYPE

  • 4.1. POLYMETHACRYLATE
  • 4.2. OLEFIN COPOLYMER
  • 4.3. POLYISOBUTYLENE
  • 4.4. OTHER TYPE

5. MARKET BY APPLICATION

  • 5.1. AUTOMOTIVE
    • 5.1.1. PASSENGER VEHICLES
    • 5.1.2. HEAVY DUTY VEHICLES
    • 5.1.3. OTHER VEHICLES
  • 5.2. INDUSTRIAL
  • 5.3. OTHER APPLICATIONS

6. COMPETITIVE LANDSCAPE

  • 6.1. KEY STRATEGIC DEVELOPMENTS
    • 6.1.1. MERGERS & ACQUISITIONS
    • 6.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
    • 6.1.3. PARTNERSHIPS & AGREEMENTS
    • 6.1.4. BUSINESS EXPANSIONS & DIVESTITURES
  • 6.2. COMPANY PROFILES
    • 6.2.1. AFTON CHEMICAL CORPORATION
    • 6.2.2. CHEVRON ORONITE COMPANY LLC
    • 6.2.3. CRODA INTERNATIONAL PLC
    • 6.2.4. EXXON MOBIL CORPORATION
    • 6.2.5. LUBRIZOL CORPORATION

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - VISCOSITY INDEX (VI) IMPROVERS
  • TABLE 2: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 3: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 4: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 5: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY APPLICATION, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 6: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY AUTOMOTIVE APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
  • TABLE 7: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY AUTOMOTIVE APPLICATION, FORECAST YEARS, 2022-2028 (IN $ MILLION)
  • TABLE 8: LEADING PLAYERS OPERATING IN UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET
  • TABLE 9: LIST OF MERGERS & ACQUISITIONS
  • TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
  • TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS
  • TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

  • FIGURE 1: KEY MARKET TRENDS
  • FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021
  • FIGURE 6: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY POLYMETHACRYLATE, 2022-2028 (IN $ MILLION)
  • FIGURE 7: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY OLEFIN COPOLYMER, 2022-2028 (IN $ MILLION)
  • FIGURE 8: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY POLYISOBUTYLENE, 2022-2028 (IN $ MILLION)
  • FIGURE 9: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY OTHER TYPE, 2022-2028 (IN $ MILLION)
  • FIGURE 10: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
  • FIGURE 11: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
  • FIGURE 12: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, GROWTH POTENTIAL, BY AUTOMOTIVE APPLICATION, IN 2021
  • FIGURE 13: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY PASSENGER VEHICLES, 2022-2028 (IN $ MILLION)
  • FIGURE 14: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY HEAVY DUTY VEHICLES, 2022-2028 (IN $ MILLION)
  • FIGURE 15: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY OTHER VEHICLES, 2022-2028 (IN $ MILLION)
  • FIGURE 16: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY INDUSTRIAL, 2022-2028 (IN $ MILLION)
  • FIGURE 17: UNITED STATES VISCOSITY INDEX (VI) IMPROVERS MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)