Global Pour Point Depressant Market to hit $935 million by 2025
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.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3359
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 the market 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.
U.S. poly alkyl methacrylates pour point depressant market 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 the 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 the market growth.
Chevron Phillips Chemicals, Clariant AG, and Lehmann & Voss & Co. KG are the major industrial participants in the pour point depressant market. Companies are focusing to expand their business by strategic collaborations with focus on R&D to enhance the product portfolio.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Pour Point Depressant Market to hit $935 million by 2025 here
News-ID: 2159084 • Views: 267
More Releases from Global Market Insights Inc.
Neopentyl glycol flakes market is expected to register 7% gains during the forec …
The neopentyl glycol market revenue is set to reach a valuation of $1.5 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Rising demand for powder coatings applications in automotive, aerospace, electronics and construction industry is expected to boost the market size in forecasted time frame. Strong application scope in powder coating resins as an alternative to conventional resins with low VOC emission and enhanced durability supporting neopentyl
Fluorinated ethylene propylene films market revenue from solar panel application …
The fluorinated ethylene propylene market is poised to rise from USD 690 million in 2018 to over USD 1200 million by 2025, according to a 2019 Global Market Insights, Inc. report. Rising demand for high-value compact & small-sized cars and SUVs owing to a growing middle class and rising disposable incomes should stimulate market size. This product finds widespread usage in tubing, pressure hoses and bellows it is well-suited for processing
bentonite market size from foundry sand applications was valued at over 680 kilo …
Bentonite Market is expected to be valued USD 1.95 billion by 2024; according to a new research report by Global Market Insights, Inc. Booming steel industry in India, China and South Korea on account of increasing foreign direct investment from U.S. and Japan has boosted the iron pelletizing industry and may promote growth of bentonite market. The product is used as a binding agent, offer improved mechanical & abrasive strength, faster
Polyacrylamide Market is likely to reach $8 billion by 2026, Says Global Market …
According to the report published by Global Market Insights, Inc., the polyacrylamide market size is anticipated to hit $8 billion by 2026, registering a CAGR of 9% from 2019 to 2026. Expanding product demand as a flocculant and thickening agent for water treatment operations in various industries will aid industry growth. Rising demand for processing wastewater in industries and from municipal sources has resulted in the greater demand for polyacrylamide as
More Releases for Rising
Crypto High and Rising
Key Metrics Show Institutional Interest in Crypto and Ripple Is High and Rising As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest. The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. And
MP3 Player Market: Growing Popularity & Rising Trend
HTF MI recently introduced new title on “Global MP3 Player Market Research Report 2018” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million USD) and market share, the top players including Apple, Sony, Philips, Aigo, Newsmy, Iriver, COWON?IAUDIO?, SanDisk,
Rising Potential of Nanotechnology in Cosmetics Industry
Usage of nanotechnology in cosmetics has increased tremendously over the past few years. The application of nanotechnology has improved and changed the physical properties of the cosmetic products. Nowadays, a wide range of cosmetics products are made by utilizing different nanomaterials, especially the skin care products. In addition, composition of the nanomaterials in the cosmetic products industry is enhancing their penetration in the skin. Besides, many leading cosmetics manufactures are
Rising Opportunities in India
6 July 2011 SearchLight Ventures - an investment deal-sourcing firm headquartered in the US – launched operations in India, headquartering in the New Delhi area. Several founding partners relocated there to head up the company’s expansion into the Indian market. The mission of SearchLight Ventures is to replace the inefficient and often sparse physical network between investors and investees, reshaping the manner in which the two interact by streamlining the initial contact
Foreclosure Rates Rising in California
Approximately $25 million was spent at foreclosure auctions in the Sacramento and Oakland areas last weekend. Several homes were sold at less than half the cost of their previous high property values. This trend of increasing foreclosure activity has been prevalent in California communities in the past years, and experts predict the trend will only continue to rise in the near future. Foreclosure cases in California have increased 50% in the
21 Gardere Attorneys Dubbed ‘Rising Stars’
DALLAS – Gardere Wynne Sewell LLP is proud to announce that 21 of the firm's attorneys have earned selection to the Texas Super Lawyers Rising Stars list published by Law & Politics Media Inc. The list of the state’s most accomplished attorneys age 40 and under is included in the April edition of Texas Monthly. Dallas attorneys from Gardere included on the Rising Stars list and their practice areas are: William