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Pour Point Depressant Industry Shares, Strategies,Forecasts And Application report 2022

The global pour point depressant market is expected to witness significant demand over the forecast period. The basic ability of a lubricant is to flow under low-temperature and low shear conditions which is significant to engine operation& equipment expected to run in cold climates. If the selection of pour point depressant fails, it may inhibit engine’s performance resulting out of low-temperature properties. Therefore, selection of right pour point depressants (PPD) offers a solution to high pour point problems.
 On the basis of chemistry, the global pour point depressant market is segmented into Polymethacrylate, ethylene-co-vinyl-acetate, alkylaromatic polymers, styrene esters, oligomerized alkyl phenols, phthalic acid esters and copolymers of alpha-olefins. From seeing above, all paraffinic mineral oil base stocks comprise small amounts of waxy materials. So, in decreased temperature of oil, some of the waxy components exhibit as tiny crystals and the solution begin to appear hazy to the visibility.
The temperature at which this occurs is termed as cloud point. Further, as additional wax precipitates crystals grow into plates and finally if the temperature falls enough, the plates will grow together and form a three-dimensional network which immobilizes the oil. Hence, the solidification process is sometimes known as gelation and the lowest temperature at which the oil becomes fluid is termed as pour point.
From the commercial point of view, the pour point depressants are broadly used in oil & gas industry to smoothen transportation and storage of crude oil. Hence, automotive industry is expected to contribute more in the global pour point depressants market. Therefore, the global market of pour point depressants is expected to grow at a higher CAGR during the forecast period.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/pour-point-depressant-market

The key driving factors responsible for the growth of pour point depressant market includes competitive margin over other substitutes such as fuel lubricity, reduced viscosity and performance enhancement of flow of crude oil. Growth of automobile industry is one of the major factors responsible for the growth of global pour point depressant market and the rising demand of engine oils, power transmission fluids, tractor fluids which in turn is anticipated to propel the market growth. Moreover, growing refining capacity across the world and rapid industrialization are some other factors driving the global pour point depressant market.
However, biodiesel modification is likely to impede the market growth coupled with nanoparticles being a potential alternative for pour point depressant. Also, the economic crisis particularly in China is anticipated to be a major hindrance for the growth of global pour point depressants market. On the basis of end-user application, the global pour point depressant market is segmented as oil and gas industries, marine industries, lubricant industries, automotive industry and chemicals. Automotive industry is the faster growing segment in Asia Pacific and North America owing to proliferated use for improving machine oil or engine performance in order that the oil has improved viscosity. The prime areas of application in automobiles are gear oils, engine oils, driveline fluids, hydraulic fluids & brake oils.
On the basis of geographic segmentation, the global pour point depressant industry spans North America, Latin America, Western Europe, Eastern Europe, Middle-East APEJ, Japan and Africa. Asia-Pacific is anticipated to dominate the global market in terms of value. APEJ regions are expected to continue domination during the forecast period and China is anticipated to be the fastest emerging country in the respective domain. South Korea and India are also expected to contribute towards the growth of pour point depressant market during the forecast period. The key players mentioned in the global pour point depressant include Global Partners LLP, BASF SE, Croda International PLC, Chevron Phillips Chemical Company, Messina Chemicals, Evonik Industries, Royal Dutch Shell Plc, Clariant Corporation, and The Lubrizol Corporation.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Pour Point Depressant in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India

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