Pour Point Depressants Market Outlook:
Pour point depressants is used to lower the pouring temperature of petroleum-based mineral oil. These depressants are used in numerous steam applications that contain components such as petroleum-based oils, wax, middle distillates, and heavy oils. These depressants prevent the formation wax crystals at lower temperatures.
The major factor that drives the growth of the global pour point depressants market includes increase in demand from the automotive industry that uses high quantities of lubricant wax in various components. In addition, rise in popularity of dual fuel systems with higher efficiency is further anticipated to boost the market growth during the forecast period. However, increase in cost of quality fuels & lubricants in developed countries restrain the growth of the global pour point depressants market. Moreover, increase in usage of fuel additives in many end-use industries is anticipated to provide lucrative growth opportunity for the market growth.
The global pour point depressant market is segmented on the basis of chemical type, method, application, and region. Based on chemical type, the market is divided into ethylene vinyl-acetate (EVA), styrene esters, poly alkyl methacrylates (PAMA), phthalic acid esters, poly alpha olefin, and others. Based on method, it is bifurcated into surface adsorption and co-crystallization. By end-use industry, it is classified into industrial, automotive, marine, aviation, and oil & gas. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some of the main market players operating in the global pour point depressants market include Croda International Plc, Afton Chemical, Clariant, The Lubrizol Corporation, Dew Speciality Chemicals (P) Ltd, Goodway Chemicals PVT. LTD., Thermax, Goodway Chemicals Private Limited, Addtech Petroleum Corporation LTD, and The Zoranoc Oilfield Chemical.
Key Benefits for Stakeholders:
- The pour point depressants market size has been analyzed across all regions.
- Porter’s five force analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- The report outlines the current pour point depressants market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets.
- Major countries in the region have been mapped according to their individual revenue contribution to the regional market
- The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study
- The pour point depressants market analysis covers in-depth information of major industry participants
Pour Point Depressants Market Report Highlights
| Aspects | Details |
 By Type |
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 By METHOD |
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 By END-USE INDUSTRY |
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 By Region |
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 Key Market Players | Thermax, Clariant, Croda International Plc, Afton Chemical, Dew Speciality Chemicals (P) Ltd, Goodway Chemicals Private Limited, The Lubrizol Corporation, The Zoranoc Oilfield Chemical, GOODWAY CHEMICALS PVT. LTD., Addtech Petroleum Corporation LTD |
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