Global Pour Point Depressants Market Projected To Reach USD 2,145 Million By The End Of 2025

As per analysts at Zion Market Research, the global pour point depressants market was capitalized at USD 1,692 million in 2019 and is projected to attain USD 2,145 million by 2025. The pour point depressants refer to those vital components that stop the development of huge crystal systems from wax fragments in the base oil. The huge crystal networks block the flow of lubricants at cold temperatures. Once the temperature is reduced, things start getting blurred to naked eyes. The temperature upon which such haziness appears is known as cloud point and this procedure of solidification is called gelation.

Some of the key players in the market are Clariant AG, Chevron Phillips Chemicals, Evonik Industries AG, Sanyo Chemical Industries Ltd., INEOS Capital Limited, The Lubrizol Corporation, Afton Chemical, Thermax Limited, BASF, The Egyptian Mud Engineering & Chemicals Company (EMEC), Lehmann & Voss & Co. KG, Dew Speciality Chemical Pvt. Ltd., and Berryman Chemical Inc.

Surging Industrialization In The Automotive Industry To Boost The Global Pour Point Depressants Market

The augmenting demand for high-quality lubricants and fuels in the automotive industry coupled with surging industrialization is expected to impel pour point depressants market expansion. The global automotive sales during 2018 surpassed more than 85 million vehicles that indicate remarkable growth possibilities. These products are obtaining popularity due to their high weather resistance and capability to control wax development in lubricants at a very low temperature. The rising consumer consciousness for vehicle maintenance and increasing usage of fuel additives in different end-use industries counting aviation & automotive will further boost the market growth. The large demand for lubricant additives-based products and mounting opportunities in end-use industries like industrial, oil & gas, automotive and aviation is likely to prop up demand for the pour point depressants market.

The global pour point depressants market is bifurcated on the basis of method, chemistry, application, and regional analysis. Based on the chemistry, the market is divided into styrene esters, EVA (ethylene co-vinyl-acetate), phthalic acid esters, PAMA (poly alkyl methacrylates), poly alpha olefin, and others. Based on the method, the market is divided into co-crystallization and surface adsorption. Based on the application, the market is divided into lubricant industry and oil & gas industry. The lubricant segment is subdivided into automotive, industrial, aviation, and marine. The oil & gas industry segment is subdivided into production, exploration, and refining.

The North America Region Expected To Dominate The Global Pour Point Depressants Market

Based on geographical analysis, the global pour point depressants market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North American region dominated the global pour point depressants market with Mexico, Canada, and the U.S. playing major roles. The increasing occurrence of automobile production units resulted in a rise in demand for pour point depressants, which is expected to grow in the upcoming years.

Browse the full “Pour Point Depressants Market - By Method (Co-Crystallization And Surface Adsorption), By Chemistry (Styrene Esters, Ethylene Co-Vinyl-Acetate, Phthalic Acid Esters, Poly Alkyl Methacrylates, Poly Alpha Olefin, And Others), By Application (Lubricant Industry And Oil & Gas Industry), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/pour-point-depressants-market

The global pour point depressants market is segmented as follows:

By chemistry:

• Poly alkyl methacrylates (PAMA)
• Ethylene co-vinyl-acetate (EVA)
• Styrene esters
• Phthalic acid esters
• Poly alpha olefin
• Others

By method:

• Co-crystallization
• Surface adsorption

By application:

• Lubricant Industry
  • Marine
  • Industrial
  • Automotive
  • Aviation
• Oil & Gas Industry
  • Production
  • Exploration
  • Refining

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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