Pour point depressant market is expected to reach $1,902.3 million by 2023, the growth of the industry is mainly driven by its growing application in lubricants, automotive, and oil and gas industries. PPDs are used to control wax formation in lubricants thus, lowering the pour point and improving low temperature flow performance of lubricants. It is used as an additive in various industries dealing with bulk oil and lubricants.
Request Sample pages of this report : https://www.psmarketresearch.com/market-analysis/pour-point-depressant-market/report-sample
It is used in a variety of streams and applications, including transport of crudes, middle distillates, heavy oils, waxy components, biodiesel, and others to overcome oil treatment challenges.
On the basis of end user, the pour point depressant market is categorized into the lubricant, and oil and gas industries. The lubricant industry was the larger segment with more than 55.0% share in the global market in 2016 in terms of revenue. PPD is used in various types of lubricants including crankcase engine oils, automotive and power transmission fluids, automotive gear oils, tractor fluids, hydraulic fluids, and circulating oils.
Asia-Pacific held the largest share of the global pour point depressant marketduring the historical period. The application of PPDs is gaining momentum in the lubricant, automotive, and oil and gas industries. The formation of ASEAN Economic Community will act as a positive catalyst for ASEAN’s lubricant market, as it had proposed the removal of tariffs on vehicles, which will create a direct impact on the demand of vehicles.
Access Report Summary Here : https://www.psmarketresearch.com/market-analysis/pour-point-depressant-market
Some of the major players operating in the pour point depressant industry are Afton Chemical Corporation, Chevron Corporation, Croda International Plc., The Lubrizol Corporation, Sanyo Chemical Industries Ltd., Innospec Inc., Clariant AG, Messina Incorporated, Akzo Nobel N.V., and Evonik Industries AG.
POUR POINT DEPRESSANT SEGMENTATION
By End User
- Lubricant industry
- By chemistry
- Poly alkyl methacrylate (PAMA)
- Styrene esters
- Others
- By application
- Automotive
- Industrial
- Aviation
- Marine
- By geography
- Asia-Pacific PPD market for lubricant industry
- By chemistry
- By application
- By country- China, India, Japan, and Rest of Asia-Pacific
- Europe PPD market for lubricant industry
- By chemistry
- By application
- By country- Russia, Germany, U.K., France, Italy, Spain, and Rest of Europe
- North America PPD market for lubricant industry
- By chemistry
- By application
- By country- U.S. and Canada
- Latin America PPD market for lubricant industry
- By chemistry
- By application
- By country- Brazil, Mexico, and Rest of Latin America
- Middle East and Africa (MEA) PPD market for lubricant industry
- By chemistry
- By application
- By country- South Africa, Saudi Arabia, and Rest of MEA
- Asia-Pacific PPD market for lubricant industry
- By chemistry
- Oil & gas industry
- By chemistry
- Ethylene co-vinyl-acetate (EVA)
- Poly alpha olefins (PAO)
- Poly alkyl methacrylate (PAMA)
- By application
- Production
- Refining
- Exploration
- By geography
- Middle East & Africa (MEA) PPD market for oil and gas industry
- By chemistry
- By application
- By country- Saudi Arabia, Iran, South Africa, and Rest of MEA
- Europe PPD market for oil and gas industry
- By chemistry
- By application
- By country- Russia, Germany, Italy, France, U.K., and Rest of Europe
- Asia-Pacific PPD market for oil and gas industry
- By chemistry
- By application
- By country- China, India, Japan, and Rest of Asia-Pacific
- North America PPD market for oil and gas industry
- By chemistry
- By application
- By country- U.S. and Canada
- Latin America PPD market for oil and gas industry
- By chemistry
- By application
- By country- Brazil, Mexico, Venezuela, and Rest of Latin America
- Middle East & Africa (MEA) PPD market for oil and gas industry
- By chemistry
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.
Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
No comments:
Post a Comment