Europe Viscosity Index Improvers Market - Regional OutlookĦ.11. Europe Viscosity Index Improvers Market Outlook - by End-Userĥ. Europe Viscosity Index Improvers Market Outlook - by Product TypeĤ. Product Specifications Appearance: Clear to slightly hazy greenish tan viscous liquid Specific Gravity 15.6/15.6☌: 0.858 Density, lbs/gal: 7.14 Flash Point, ☌ (PMCC): 135 min. Automotive Production Growth in the Asia-Pacific and Europeģ. Product Overview HiTEC® 5751 is a olefin copolymer viscosity index improved (OCP VII) used when formulating crankcase & Industrial oils. Longer Drain Intervals for High-Grade LubricantsĢ.8.1. Increasing Consumption of Engine OilsĢ.7.1. Impact of Covid-19 on the Viscosity Index Improvers IndustryĢ.6.2. Europe Viscosity Index Improvers Market - SummaryĢ.2. The leading competitors in the viscosity index improvers market include BPT Chemical Co Ltd, Chevron Oronite Company LLC, Asian Oil Company, Croda International Plc, Jilin Xingyun Chemical Co Ltd, BASF SE, Afton Chemical Corporation, and Lubrizol Corporation.ġ. Manufacturers have shifted their focus to emerging regions in recent years to meet the increasing demand for viscosity index improvers. These factors are also expected to influence the growth of the studied market in the projected period. Further, the nation is recovering from the pandemic after-effects, and the government is also planning to strategize industrial manufacturing. This, in turn, is expected to increase the consumption of lubricants, and consequently aid the growth of the viscosity index improvers market in the near future. Considering the bright future prospects, Boeing is planning to introduce a new plane whereas, Airbus is developing an upgraded version of A321, and a bigger model of its A330neo. Such plans have opened up growth opportunities for manufacturers like Boeing and Airbus. Data from the Italian Aerospace Industry Federation (AIAD) indicates that aerospace manufacturing firms are concentrated in various areas in the country, including Lombardy, Piedmont, Puglia, Lazio, Umbria, and Campania.Ĭurrently, Italy is focusing on replacing nearly 200 Boeing 757 and 767 aircraft, owing to safety concerns. The growth prospects of the aerospace industry have been significantly affected in recent times, owing to the spread of the pandemic. The nation is also a large manufacturer of high-tech integrated systems. With an average yearly turnover of close to $20 billion, the aerospace industry in Italy ranks fourth in the European region and seventh in the world. France, Germany, the United Kingdom, Russia, Spain, Italy, and Rest of Europe together form the market in this region. viscosity index improver Suppliers & Manufacturers, include Jitesh Trading Corporation, Yamuna Lubricants P. 20, 2021 (GLOBE NEWSWIRE) - The "Europe Viscosity Index Improvers Market 2022-2028" report has been added to 's offering.Įurope's viscosity index improvers market is expected to record growth with a CAGR of 2.75% during the projected years between 20.
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