Synthetic and fire resistant hydraulic fluids, particularly water glycol fluids, are slowly gaining market share. The market for these fluids is increasing at 6% in Asia-Pacific (APAC) and at 5% in South America.Synthetic and fire-resistant fluids are characteristically merged with additives packages that have higher quantities of viscosity index modifiers in comparison to additive packages for mineral oil‐based hydraulic fluids. Viscosity index modifiers,such as polymethacrylate provides the fluid with shear stability at high temperatures. Therefore, an increase in the consumption of synthetic and fireresistant hydraulic fluids will drive the consumption of viscosity index modifiers during the forecast period.

PART 01: Executive summary 6

Highlights 6

PART 02: Scope of the report 7

Market overview 7

Top-vendor offerings 10

PART 03: Market research methodology 12

Research methodology 12

Economic indicators 12

PART 04: Introduction 13

Key market highlights 13

PART 05: Market landscape 15

Market overview 15

Market size and forecast 16

Five forces analysis 18

PART 06: Market segmentation by end user 19

Global polymethacrylate market in VII and PPD by end

user 19

Polymethacrylate market in PCMO 21

Polymethacrylate market in HDMO 23

Polymethacrylate market in industrial hydraulic oils 24

Polymethacrylate market in automotive gear oils 25

Polymethacrylate market in others 26

PART 07: Market segmentation by use 28

Global polymethacrylate market by use 28

PART 08: Market segmentation by viscosity grade 31

Global polymethacrylate market by viscosity grade 31

PART 09: Market segmentation by geography 34

Global polymethacrylate market in VII and PPD by

geography 34

Polymethacrylate market in VII and PPD in North

America 36

Polymethacrylate market in VII and PPD in EMEA 38

Polymethacrylate market in VII and PPD in APAC 39

Polymethacrylate market in VII and PPD in ROW 40

PART 10: Market drivers 41

PART 11: Impact of drivers 43

PART 12: Market challenges 44

PART 13: Impact of drivers and challenges 47

PART 14: Market trends 48

PART 15: Vendor landscape 50

Competitive scenario 50

Other prominent vendors 50

PART 16: Key vendor analysis 51

Afton Chemical 51

Lubrizol 54

Chevron Oronite 60

Evonik Industries 63

Infineum 65

PART 17: Appendix 68

List of abbreviations 68

PART 18: Explore Technavio 69