22th November,
2018- 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.
Request a Sample Copy
of This Report @ https://www.millioninsights.com/industry-reports/pour-point-depressant-market/request-sample
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. 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.
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.
Browse Full TOC of
This Report @ https://www.millioninsights.com/industry-reports/pour-point-depressant-market
No comments:
Post a Comment