Demand for VII to be sustained by high-quality engine oil sales

Demand for VII to be sustained by high-quality engine oil sales

Changing regulatory environment and strict emission standards are boosting lubricant manufacturers’ demand for viscosity index improvers. Efficiency demands in not only automotive but also industrial applications are strengthening the VII market. Increasing demand for high-performance lubricants with optimum viscosity has been a vital factor pushing consumption of viscosity index improvers. Although the global market for viscosity index improvers has been projected to exceed the US$ 5 billion mark by the end of 2029, the overall growth outlook would remain sluggish. Consistently soaring consumption of vehicle lubricants such as engine oil, transmission fluids, and brake oil by OEMs and aftermarket operators will continue to signific...
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21.12.2019 17:07:00
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Demand for VII to be sustained by high-quality engine oil sales

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Changing regulatory environment and strict emission standards are boosting lubricant manufacturers’ demand for viscosity index improvers. Efficiency demands in not only ...

21.12.2019 17:07:00
1884