Press release
Pour Point Depressants Market is Driven by Growing Demand for Pour Point Depressants
Pour point depressants are additives that are used to lower the pour point of a fuel. Pour point is the temperature at which a liquid will flow. Pour point depressants work by reducing the size of the wax crystals that form in a fuel at low temperatures. This allows the fuel to flow at lower temperatures.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.
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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.
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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.
The pour point depressants market is also driven by the growing demand for bio-based pour point depressants. Bio-based pour point depressants are made from renewable resources, such as vegetable oils, and are therefore more environmentally friendly than traditional petroleum-based pour point depressants.
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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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