Lubricant Viscosity Index Improvers Market Grows on Rising Demand for High-Performance Automotive Lubricants https://dataintelo.com/report/lubricant-viscosity-index-improvers-market The global Lubricant Viscosity Index Improvers Market is witnessing significant expansion, driven by increasing industrialization, the growth of the automotive sector, and heightened demand for high-performance lubricants. These additives play a crucial role in maintaining lubricant performance across a wide range of temperatures, helping extend equipment life and improve operational efficiency. With manufacturers focusing on fuel efficiency and emission reduction, lubricant formulations are evolving to meet stringent standards. Viscosity index (VI) improvers are becoming essential components, especially in synthetic and semi-synthetic oils, to ensure thermal stability and consistent performance in engines, transmissions, and industrial machinery. According to Dataintelo, the global market was valued at USD 3.1 billion in 2023 and is projected to grow to USD 5.4 billion by 2032, registering a CAGR of 6.2% during the forecast period. This growth is closely tied to rising automotive production, increasing maintenance awareness, and expanding transportation infrastructure globally.