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Pour Point Depressants Market is anticipated to expand at a Robust compound annual growth rate (CAGR) from 2021 to 2031 | Goodway Chemicals PVT. LTD., Thermax, Goodway Chemicals Private Limitedn, Addtech Petroleum Corporation LTD
Pour Point Depressants Market
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Pour point depressants are used in a variety of fuels, including gasoline, diesel, and jet fuel. They are especially important in cold weather regions, where fuel must be able to flow at very low temperatures. Pour point depressants are added to fuel at the refinery.
Key Trends
Pour point depressants are used in a variety of industries, including the automotive, aerospace, and oil and gas industries. Pour point depressants are added to lubricants, fuels, and hydraulic fluids in order to improve their performance and extend their operating temperature range.
Pour point depressants are typically added to a liquid as an aqueous solution or as a concentrated solution in an organic solvent. The addition of a pour point depressant typically increases the viscosity of the treated liquid.
Pour point depressants are typically added to a liquid prior to use. However, some pour point depressants can be added after the liquid has been placed in service.
The use of pour point depressants can improve the performance of a lubricant, fuel, or hydraulic fluid by extending its operating temperature range. Pour point depressants can also improve the flow properties of a liquid, making it easier to pump and handle.
Key Drivers
Pour point depressants (PPDs) are additives used to lower the temperature at which a liquid starts to flow, or conversely, the temperature at which a wax crystal melts and disappears. In other words, PPDs are used to prevent wax crystals from forming in fuels and lubricants at low temperatures.
One of the key drivers of the pour point depressants market is the stringent government regulations regarding the pour point of fuels and lubricants. For instance, the European Union has set the pour point limit for automotive diesel fuel at -15°C.
Another driver of the pour point depressants market is the growing demand for pour point depressants from the Asia-Pacific region, especially from China and India. This is due to the growing automotive and industrial sectors in these countries.
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Market Segmentation
The Pour Point Depressants Market is segmented by 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, 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 rest of the world.
Key Players
The key players in the Pour Point Depressants Market are Croda International Plc(United Kingdom), Afton Chemical(United States), Clariant(Switzerland), The Lubrizol Corporation (United States), Dew Speciality Chemicals (P) Ltd(India), Goodway Chemicals PVT. LTD. (India), Thermax (India), Goodway Chemicals Private Limited (India), Addtech Petroleum Corporation LTD(United Kingdom), and The Zoranoc Oilfield Chemical(China)
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Reasons to buy Pour Point Depressants Market Report:
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• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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