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Asia-Pacific Viscosity Index Improvers Market 2022-2028

  • ID: 5510723
  • Report
  • December 2021
  • Region: Asia Pacific
  • 120 Pages
  • Triton Market Research

FEATURED COMPANIES

  • Asian Oil Company
  • Basf Se
  • Bpt Chemical Co Ltd
  • Brb International Bv
  • Croda International plc
  • Eni Spa
Based on this study, the viscosity index improvers market in the Asia-Pacific is expected to rise with a CAGR of 3.24% over the forecast years from 2022 to 2028. India, South Korea, China, Japan, Australia & New Zealand, ASEAN countries, and Rest of Asia-Pacific together shape the market in this region.

Japan is the fifth-largest lubricant consumer in the world. In the past two years, the growth in the industry has slowed down, primarily because of a drastic drop in the production and sale of motor vehicles, along with a stagnant industrial output and sluggish rise in domestic demand. However, with the increasing investment by the government in the automotive, energy, and construction sectors, the demand for lubricants, and, in turn, for viscosity index improvers, is expected to rise in the forthcoming years.

The automotive industry in Japan is among the largest and renowned automotive industries around the globe. This is mainly due to the large investment made in this sector. The Japanese auto industry manufactures the third-largest number of vehicles, globally. It manufactured nearly 972,8528 vehicles in 2018. In addition, the nation is home to some of the major automobile producers, such as Yamaha, Kawasaki, Honda, Toyota, Suzuki, Nissan, etc. The production and sales of vehicles are anticipated to rise in the forecast period. This will positively influence the demand for viscosity index improvers, in turn, offering growth avenues to the market.

COMPETITIVE OUTLOOK


The leading players in the viscosity index improvers market include Afton Chemical Corporation, Asian Oil Company, BASF SE, Jilin Xingyun Chemical Co Ltd, BRB International BV, ENI SpA, Sanyo Chemical Industries Ltd, and Croda International Plc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Asian Oil Company
  • Basf Se
  • Bpt Chemical Co Ltd
  • Brb International Bv
  • Croda International plc
  • Eni Spa

1. Asia-Pacific Viscosity Index Improvers Market - Summary
2. Industry Outlook
2.1. Key Market Strategies
2.1.1. Acquisitions
2.1.2. Product Developments
2.1.3. Contracts & Agreements
2.1.4. Investments & Expansions
2.2. Impact of Covid-19 on the Viscosity Index Improvers Industry
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Market Drivers
2.6.1. Emergence of the Asia-Pacific as a Manufacturing Hub
2.6.2. Rise in the Demand for Lubricants
2.7. Market Challenges
2.7.1. Longer Drain Intervals for High-Grade Lubricants
2.7.2. Cost Constraints
2.8. Market Opportunities
2.8.1. Automotive Production Growth in the Asia-Pacific and Europe
2.8.2. Increasing Consumption of Engine Oils
3. Asia-Pacific Viscosity Index Improvers Market Outlook - by Product Type
3.1. Polymethacrylate
3.2. Olefin Copolymer
3.3. Polyisobutylene
3.4. Other Product Type
4. Asia-Pacific Viscosity Index Improvers Market Outlook - by End-User
4.1. Automotive
4.1.1. Passenger Vehicles
4.1.2. Heavy-Duty Vehicles
4.1.3. Other Vehicles
4.2. Industrial
4.3. Other End-Users
5. Asia-Pacific Viscosity Index Improvers Market - Regional Outlook
5.1. China
5.2. Japan
5.3. India
5.4. South Korea
5.5. Asean Countries
5.6. Australia & New Zealand
5.7. Rest of Asia-Pacific
6. Competitive Landscape
6.1. Afton Chemical Corporation
6.2. Basf Se
6.3. Chevron Oronite Company LLC
6.4. Evonik Industries AG
6.5. Bpt Chemical Co Ltd
6.6. Lubrizol Corporation
6.7. Infineum International Limited
6.8. Sanyo Chemical Industries Ltd
6.9. Croda International plc
6.10. Brb International Bv
6.11. Jinzhou Kangtai Lubricant Additives Co Ltd
6.12. Shanghai Minglan Chemical Co Ltd
6.13. Jilin Xingyun Chemical Co Ltd
6.14. Exxon Mobil Corporation
6.15. Eni Spa
6.16. Asian Oil Company
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology
List of Tables
Table 1: Asia-Pacific Viscosity Index Improvers Market, by Country, 2022-2028 (In $ Million)
Table 2: List of Acquisitions
Table 3: List of Product Developments
Table 4: List of Contracts & Agreements
Table 5: List of Investments & Expansions
Table 6: Vendor Scorecard
Table 7: Asia-Pacific Viscosity Index Improvers Market, by Product Type, 2022-2028 (In $ Million)
Table 8: Asia-Pacific Viscosity Index Improvers Market, by End-Users, 2022-2028 (In $ Million)
Table 9: Asia-Pacific Viscosity Index Improvers Market, by Automotive, 2022-2028 (In $ Million)
Table 10: Asia-Pacific Viscosity Index Improvers Market, by Country, 2022-2028 (In $ Million)
List of Figures
Figure 1: Market Attractiveness Index
Figure 2: Asia-Pacific Viscosity Index Improvers Market, Product Outlook, 2021 & 2028 (In %)
Figure 3: Asia-Pacific Viscosity Index Improvers Market, by Polymethacrylate, 2022-2028 (In $ Million)
Figure 4: Asia-Pacific Viscosity Index Improvers Market, by Olefin Copolymer, 2022-2028 (In $ Million)
Figure 5: Asia-Pacific Viscosity Index Improvers Market, by Polyisobutylene, 2022-2028 (In $ Million)
Figure 6: Asia-Pacific Viscosity Index Improvers Market, by Other Product Type, 2022-2028 (In $ Million)
Figure 7: Asia-Pacific Viscosity Index Improvers Market, End-Users Outlook, 2021 & 2028 (In %)
Figure 8: Asia-Pacific Viscosity Index Improvers Market, by Automotive, 2022-2028 (In $ Million)
Figure 9: Asia-Pacific Viscosity Index Improvers Market, by Industrial, 2022-2028 (In $ Million)
Figure 10: Asia-Pacific Viscosity Index Improvers Market, by Other End-Users, 2022-2028 (In $ Million)
Figure 11: Asia-Pacific Viscosity Index Improvers Market, Regional Outlook, 2021 & 2028 (In %)
Figure 12: China Viscosity Index Improvers Market 2022-2028 (In $ Million)
Figure 13: Japan Viscosity Index Improvers Market 2022-2028 (In $ Million)
Figure 14: India Viscosity Index Improvers Market 2022-2028 (In $ Million)
Figure 15: South Korea Viscosity Index Improvers Market 2022-2028 (In $ Million)
Figure 16: Asean Countries Viscosity Index Improvers Market 2022-2028 (In $ Million)
Figure 17: Australia & New Zealand Viscosity Index Improvers Market 2022-2028 (In $ Million)
Figure 18: Rest of Asia-Pacific Viscosity Index Improvers Market 2022-2028 (In $ Million)
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Afton Chemical Corporation
  • Basf Se
  • Chevron Oronite Company LLC
  • Evonik Industries AG
  • Bpt Chemical Co Ltd
  • Lubrizol Corporation
  • Infineum International Limited
  • Sanyo Chemical Industries Ltd
  • Croda International plc
  • Brb International Bv
  • Jinzhou Kangtai Lubricant Additives Co Ltd
  • Shanghai Minglan Chemical Co Ltd
  • Jilin Xingyun Chemical Co Ltd
  • Exxon Mobil Corporation
  • Eni Spa
  • Asian Oil Company
Note: Product cover images may vary from those shown

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