The Global Polymethacrylate Market is poised for significant expansion, projected to reach a substantial valuation driven by its critical role as a high-performance viscosity index improver in lubricants. The global Polymethacrylate market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on Research newly published report. This growth trajectory is fueled by escalating demand from the automotive sector for fuel-efficient engine oils, the expansion of industrial machinery requiring advanced hydraulic fluids, and stringent environmental regulations pushing for longer oil drain intervals and reduced emissions.

As industries worldwide prioritize operational efficiency and sustainability, polymethacrylate (PMA) polymers have become indispensable. In this blog, we profile the Top 10 Companies in the Global Polymethacrylate Industry—a group of chemical innovators and additive specialists driving advancements in lubricant performance and formulation technology.

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Global and Regional Polymethacrylate Industry Status and Prospects Professional Market – View in Detailed Research Report

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🔟 1. The Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: LUBRIZOL® Viscosity Index Improvers (PMA-based)

Lubrizol is a global leader in specialty chemicals, particularly in the lubricant additives space. Its polymethacrylate-based viscosity modifiers are renowned for their superior shear stability, cold-flow properties, and contribution to fuel economy in Passenger Car Motor Oils (PCMO) and Heavy-Duty Motor Oils (HDMO).

Innovation & Sustainability Focus:

• Development of high-performance PMAs for low-viscosity engine oils (0W-16, 0W-12)

• Investment in sustainable chemistries and lifecycle assessment for additive packages

• Global technical support and collaboration with major oil and lubricant blenders

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9️⃣ 2. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: VISCOPLEX® Polymethacrylate Additives

Evonik’s VISCOPLEX series represents a cornerstone of its performance additives portfolio. These PMAs are engineered to provide excellent viscosity-temperature behavior, ensuring lubricants perform reliably across a wide range of operating conditions, from freezing cold starts to high-temperature engine operation.

Innovation & Sustainability Focus:

• Focus on multifunctional additives that combine dispersancy with viscosity modification

• R&D into next-generation PMAs for electric vehicle (EV) transmission fluids and thermal management

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Global and Regional Polymethacrylate Industry Status and Prospects Professional Market – View in Detailed Research Report

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8️⃣ 3. Chevron Oronite Company LLC

Headquarters: San Ramon, California, USA
Key Offering: OLOA® Viscosity Modifiers (including PMA technologies)

As a subsidiary of Chevron Corporation, Chevron Oronite is a major global supplier of fuel and lubricant additives. The company offers a range of viscosity index improvers, including advanced polymethacrylate formulations that help lubricants meet the demanding specifications of modern engines and equipment.

Innovation & Sustainability Focus:

• Development of tailored PMA solutions for Asia-Pacific and other growing markets

• Integration of PMA technology into comprehensive additive packages for enhanced performance

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7️⃣ 4. Infineum International Limited

Headquarters: Milton Hill, Abingdon, United Kingdom
Key Offering: Infineum Viscosity Modifiers (PMA and other chemistries)

Infineum, a joint venture between ExxonMobil and Shell, is a leading formulator of petroleum additives. The company’s polymethacrylate products are critical components in creating lubricants that deliver on the promise of improved fuel efficiency, extended drain intervals, and robust engine protection.

Innovation & Sustainability Focus:

• Pioneering PMA chemistries for next-generation low-SAPS (Sulphated Ash, Phosphorus, Sulfur) lubricants

• Strategic focus on sustainability through product innovation that reduces environmental impact

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6️⃣ 5. Afton Chemical Corporation

Headquarters: Richmond, Virginia, USA
Key Offering: HiTEC® Viscosity Modifier Additives

Afton Chemical, a member of the NewMarket Corporation, develops and manufactures a broad portfolio of additive technologies. Its polymethacrylate-based viscosity index improvers are designed to meet the specific challenges of modern lubricants, including thermal stability and compatibility with other additive components.

Innovation & Sustainability Focus:

• Innovation in shear-stable PMAs for high-stress applications

• Active participation in industry bodies to help shape future lubricant standards and regulations

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5️⃣ 6. Croda International Plc

Headquarters: Snaith, East Yorkshire, United Kingdom
Key Offering: Performance-additive intermediates and specialty polymers

Croda operates across various industrial sectors, supplying high-quality ingredients, including those used in lubricant formulations. While not exclusively a PMA manufacturer, Croda’s expertise in specialty chemicals and sustainable sourcing contributes to the advanced additive market, often collaborating with lubricant companies on innovative solutions.

Innovation & Sustainability Focus:

• Commitment to using 100% renewable electricity and reducing carbon footprint

• Focus on bio-based and sustainable raw materials for chemical production

Download FREE Sample Report:
Global and Regional Polymethacrylate Industry Status and Prospects Professional Market – View in Detailed Research Report

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4️⃣ 7. Jinzhou Kangtai Lubricant Additives Co., Ltd.

Headquarters: Jinzhou, Liaoning, China
Key Offering: Viscosity Index Improvers, Pour Point Depressants (including PMAs)

Jinzhou Kangtai is a significant player in the Asian lubricant additives market. The company manufactures a range of products, including polymethacrylate-based additives that cater to the rapidly growing automotive and industrial sectors in China and beyond, offering cost-competitive solutions.

Innovation & Sustainability Focus:

• Expanding production capacity to meet domestic and international demand

• Focus on R&D to develop additives suited for regional engine technologies and fuel qualities

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3️⃣ 8. MidContinental Chemical Company, Inc.

Headquarters: Overland Park, Kansas, USA
Key Offering: Specialty chemical distribution and custom blending

MidContinental Chemical Company (MCC) is a specialty chemical distributor and blender that supplies various industrial segments. The company provides viscosity modifiers, including polymethacrylate products, to lubricant formulators, serving as a critical link between large manufacturers and end-users.

Innovation & Sustainability Focus:

• Providing tailored chemical solutions and technical support to a diverse customer base

• Ensuring supply chain resilience and product quality for demanding industrial applications

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2️⃣ 9. Amtecol (Afton Chemical Specialty Division)

Headquarters: (Operations aligned with Afton Chemical)
Key Offering: Specialized lubricity agents and performance additives

Amtecol, part of the Afton/NewMarket family, focuses on specialized lubricant solutions, particularly in metalworking and industrial applications. Its expertise often intersects with polymer chemistry, contributing to the broader ecosystem of performance additives that enhance lubricant properties.

Innovation & Sustainability Focus:

• Development of high-performance additives for extreme pressure and anti-wear applications

• Solutions aimed at improving productivity and reducing waste in industrial processes

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1️⃣ 10. Other Key Regional and Specialized Manufacturers

Overview: A diverse group of regional producers and niche specialists
Key Offering: Tailored PMA solutions for specific markets and applications

Beyond the global giants, a network of regional manufacturers and specialized chemical companies plays a vital role in the polymethacrylate market. These firms often develop formulations that address local requirements, specific OEM specifications, or unique industrial challenges, ensuring a diverse and resilient supply chain.

Market Role & Focus:

• Filling niche application needs in regions like Eastern Europe, South America, and the Middle East

• Providing agile and customized solutions for smaller lubricant blenders

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Global and Regional Polymethacrylate Industry Status and Prospects Professional Market – View in Detailed Research Report

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🌍 Market Dynamics and Regional Outlook

The polymethacrylate market’s evolution is closely tied to global industrial and automotive trends. The USA market for Global Polymethacrylate market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030. The North American market remains a hub of innovation, driven by stringent CAFE (Corporate Average Fuel Economy) standards and a strong presence of additive manufacturers.

The China market for Global Polymethacrylate market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030. China’s massive automotive production and growing industrial base make it the fastest-growing market, with domestic producers like Jinzhou Kangtai expanding their influence.

The Europe market for Global Polymethacrylate market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030. Europe’s focus on decarbonization and the push for electric vehicles is creating new demand for PMAs in specialized fluids for EV transmissions and battery cooling systems.

📈 Key Trends Shaping the Polymethacrylate Industry:

• Transition to Low-Viscosity Oils: The global shift towards SAE 0W-20, 5W-30, and even lower viscosity grades for improved fuel economy is a primary growth driver, as PMAs are essential for maintaining film strength in these oils.

• Electric Vehicle (EV) Fluids: PMAs are finding new applications in the thermal management fluids and specialty lubricants required for electric vehicles, opening a significant new market segment.

• Extended Drain Intervals: Demand for lubricants that can last longer between changes necessitates high-shear-stable viscosity modifiers like advanced PMAs, reducing waste and operational costs.

• Sustainability and Regulation: Increasing environmental regulations are pushing for lubricants with lower volatility and better biodegradability, areas where tailored PMA chemistry can provide solutions.

Get Full Report Here:
Global and Regional Polymethacrylate Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies profiled above are not merely suppliers; they are innovation partners enabling the transportation and industrial sectors to achieve greater efficiency, durability, and sustainability. As the demands on lubricants intensify, the role of high-performance polymethacrylates will only become more critical.