ianna.blogg.se - Viscosity index improver manufacturers

Long duration of engine oil drain intervals.

Increasing demand for high-performance lubricants.

Rising costs in the production process and technology, rising costs in raw materials, rising competition in mature markets, environmental requirements regarding emissions, increasing difficulty in protecting patents, and rising price pressure due to low growth rates in mature markets were the rising constraints to demand. Many companies are attempting to increase the demand for Viscosity index improver products in engine oil by promoting their application orientation.

Although the global market share of the Viscosity index improver is still relatively high, it has suffered from overcapacity in recent years, drawing attention to the Viscosity index improver industry's development potential. Viscosity index improver can reduce emissions, save energy, and strengthen the protection of various mechanisms.

Viscosity index improver (VII) is a lubricant additive used to increase the viscosity index of petroleum-derived lubricants. Increasing Costs in Production Process and Technology Because of the large capital investments, companies make in this continuous-operation machinery, preventive measures, corrective maintenance, and breakdown maintenance are required. Lubricants are used extensively in automotive and industrial applications, and the quality of the lubricant determines the lifespan of the mechanical components used in the industry. To ensure that the lubricant remains effective even at higher temperatures, various additives, including viscosity index improvers, are added to increase the consistency and effectiveness of the lubricant at various temperatures. Although due to the contact of moving parts, especially at high speeds, the temperature increases, which increases the temperature of the lubricant introduced between them and causes the lubricant to be thin, which can lead to evaporation of the lubricant or reduced performance. and Canadian countries are accounted for USD 607.12 Million and USD 54.41 Million in 2020, with a CAGR of 3.6% and 2.8 % during the forecast period of 2020-2028, respectively. Lubricants are used to reduce friction between two moving parts by introducing a thin film to avoid direct contact with the moving parts and reduce friction losses as the life of the parts increases. It will boost the production of high-quality lubricants like crankcase oil and gear lubes. The increasing focus of automakers worldwide on reducing carbon footprints and improving fuel efficiency is expected to drive demand for Viscosity Index Improvers. Market Dynamics Increasing Focus on Improving Pollution index and Fuel Efficiency