![]() Infineum International Limited, Afton Chemical Corporation, ENI SpA, Evonik Industries AG, BASF SE, Jilin Xingyun Chemical Co Ltd, Shanghai Minglan Chemical Co Ltd, and Chevron Oronite Company LLC are some of the prominent companies present in the viscosity index improvers market. Owing to the growing usage of lubricants in multiple applications in the automotive industry, the market for viscosity index improvers in the country is estimated to record growth over the forecast period. The SAE 10 W and SAE 20 W requirements in the Automotive Manufacturers’ Viscosity Classification in 1941 created the possibility of formulating an oil to meet the requirements of more than one. Many of these automobile manufacturers have expanded production and export from their operations in recent years, leveraging the benefits offered by the government’s Automotive Production and Development Plan (APDP).įor instance, BAIC, a China-based car manufacturer, announced its plans to invest $826 million in its assembly plant in South Africa. As these materials were initially and primarily used to increase the viscosity index, they became known as ‘viscosity index improvers’, or VIIs. It has moderate shear stability (typically 35-37 SSI) and good low temperature properties when combined with a pour point depressant. Manufacturers have shifted their focus to emerging regions in recent years to meet the increasing demand for viscosity index. Top Key Players of Viscosity Index Improvers Market. In addition, major car manufacturers, such as Volkswagen, Ford, Toyota, Nissan, and Mercedes Benz SA, are present in the country. Description: Viscosity Index Improver Polymer for Multigrade Oil- DANA VI 1181 is a VI improver used to formulate multi grade crankcase and industrial oils. Manufacturer of Viscosity Index Improver - Viscosity Index Improver VI, Solid Vii Viscosity Index Improver offered by Ruhani Lubricants, Ahmedabad, Gujarat. A viscosity index improver is a complex polymer additive that grows at high temperatures, thickening the lubricant and more stable and consistent viscosity. Nevertheless, the need for lubricants in this industry is expected to gain traction in the forthcoming years. List of Viscosity Index Improver Manufacturers in India Industrial Solutions Chemtex Speciality Limited Indo American Chemicals Worldtex Speciality. This has led to a considerable decline in the usage of automotive lubricants. ![]() ![]() However, in recent years, there has been a decline in the number of new vehicle sales. The automotive sector is the largest manufacturing sector in South Africa, and showed significant growth in 2017. South Africa, the United Arab Emirates, Saudi Arabia, Turkey, and Rest of Middle East & Africa constitute the market in this region. This report on the viscosity index improvers market in the Middle East and Africa has estimated the industry to grow with a CAGR of 3.14% over the forecasted period 2022-2028. ![]()
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