Pour Point Depressant Market Size worth $935mn by 2025

Pour Point Depressant Market size is set to surpass USD 935 million by 2025; according to a new research report by Global Market Insights, Inc.
 

Increasing technological advancements along with growing sales of passenger and heavy duty vehicles is likely to stimulate pour point depressant market growth. Rising consumer focus on high performance, efficient fuel additives has made consumers choose products which reduce wax precipitation in oil, thereby driving market demand.

 

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These products are widely used as fuel additives in marine and oil & gas industries as they prohibit the formation & deposition of wax crystals in oil and offer stable performance even at low temperature conditions. Rising demand for temperature resistant and shear stable products in industries should stimulate product demand in the pour point depressant market.
 

Pour Point Depressant Market

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Poly alpha olefins PPD market demand may observe gains at over 4% by 2025. Poly alpha olefins offer high oxidative & thermal stability, are non-toxic and provide wear & tear protection which are major key drivers of the pour point depressant market. These are extensively used in hydraulic fluids and automotive additives pertaining to their stability in extremely cold climate conditions. Increasing demand for high viscosity index additives to prevent formation of deposits shall boost pour point depressant demand.
 

EVA pour point depressant market size from lubricant industry exceeded USD 70 million in 2018 owing to the increasing importance of maintenance of vehicles for optimum performance. Various lubricant additives are added to base oil to increase the fuel efficiency and provide optimized oil flow behavior in extreme cold climates. These products contain pour point depressant & viscosity modifier which improve low temperature mobility and offer smooth transportation of oil which is predicted to boost industry growth.
 

Browse key industry insights spread across 490 pages with 1023 market data tables and 24 figures & charts from the report, “Pour Point Depressant Market Size By Product (Polyalkylmethacrylates, Ethylene Co Vinyl Acetate, Styrene Esters, Poly Alpha Olefin, (By End-Use [Lubricants Industry {Automotive, Industrial, Marine, Aviation}, Oil & Gas Industry {Exploration, Production, Refining]), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Thailand, Malaysia, Australia, Brazil, Argentina, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/pour-point-depressants-market
 

U.S. poly alkyl methacrylates pour point depressant growth may witness over 3% gains during the forecast period. Rising economic growth along with increasing online sales of automotive products to enhance performance efficiency will drive pour point depressant market. Growing urbanization has resulted in increased distance between work and leisure facilities which has escalated the production of passenger vehicles and public transport vehicles. These products are capable of providing exceptional fuel efficiency, enhance the overall performance of automotive which has shifted consumer focus on usage of high quality fuel additives, thereby driving domestic product demand.
 

Germany EVA pour point depressant market size is expected to surpass USD 10 million up to 2025. Rising consumer inclination towards air transport pertaining to its time saving ability has made air transportation cheaper and open to more consumers. Pour point depressant are added to jet fuel to prevent wax formation which could reduce oil flow in the system and enhance fuel lubricity along with preventing serious disasters caused by aviation fuel freezing which is poised to stimulate product demand.
 

China styrene esters pour point depressant market demand from oil extraction applications is expected to witness gains at above 4% by the end of forecast period. Rising production & exploration activities in the country requires technologically advanced drilling equipment to achieve optimum oil recovery. PPD based products are utilized in oil extraction process owing  to their capability to withdraw oil below its normal pour point.  These products prevent wax deposition without having harmful consequences on the quality of finished product. This has influenced major oil & gas players to include wax formation inhibitors in various oil & gas drilling equipment thereby increasing pour point depressant market growth.
 

Chevron Phillips Chemicals, Clariant AG, and Lehmann & Voss & Co. KG are the major industrial participants in the market. Companies are focusing to expand their business by strategic collaborations with focus on R&D to enhance the product portfolio.
 

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Pour point depressant market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2014 to 2025, for the following segments:

By Product

  • Polyalkylmethacrylates
    • By End-Use
      • Lubricants
        • Automotive
        • Industrial
        • Aviation
        • Marine
      • Oil & Gas
        • Exploration
        • Production
        • Refining
  • Ethylene Co Vinyl Acetate
    • By End-Use
      • Lubricants
        • Automotive
        • Industrial
        • Aviation
        • Marine
      • Oil & Gas
        • Exploration
        • Production
        • Refining

 

  • Styrene Esters
    • By End-Use
      • Lubricants
        • Automotive
        • Industrial
        • Aviation
        • Marine
      • Oil & Gas
        • Exploration
        • Production
        • Refining
  • Poly Alpha Olefin
    • By End-Use
      • Lubricants
        • Automotive
        • Industrial
        • Aviation
        • Marine
      • Oil & Gas
        • Exploration
        • Production
        • Refining

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
    • Thailand
  • LATAM
    • Brazil
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

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