Rising Demand for High-Performance Lubricants Propels Global Viscosity Index Improvers Market, Future Market Insights (FMI) Forecasts Sales to Surge to US$ 4,699.3 Million by 2029

Future Market Insights (FMI) has forecasted the Viscosity Index Improvers market size to grow with a year-on-year growth of 2.5% in 2022 reaching a value of about US$ 3,836.5 Million by 2022 end. The global business is anticipated to witness a considerable CAGR of 2.9% during the period of 2022 and 2029. Increasing demand for high-performance lubricants with optimum viscosity has …

Viscosity Index Improvers Market is projected to exceed the US$ 5 Bn mark by 2029 end, Exclusive Report By Future Market Insights

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 Bn mark by 2029 end, the overall growth outlook would remain sluggish. Consistently soaring consumption of vehicle lubricants such as engine …