Pour Point Depressants Market Analysis

Pour Point Depressants Market Analysis

Global poly alkyl methacrylates (PAMA) PPD market size may witness over 3.5% gains up to 2025. These co-polymers are extensively used as additives in various industries including aviation, industrial and automotive owing to their superior stability in extreme weather fluctuation and flexibility in facing challenges to improve low temperature performance. It is produced industrially on a large scale as it provides stable viscosity over a broad range of temperature and helps to keep the oil flowing in cold weather. Increasing demand for energy efficient material in transportation sector along with significant growth in automotive industry shall stimulate pour point depressants market demand.
 

Global ethylene co vinyl acetate (EVA) PPD market size is likely to exceed USD 225 million by 2025 on account of growing demand for crack resistant, flexible and light-weight materials in various end use industries. Wax precipitation forms one of the most significant challenges in the production of crude oil. Growing demand for EVA as a wax inhibitor in automotive and oil & gas industry to prevent wax crystal formation and deposition during the transportation process is likely to fuel pour point depressants market demand.
 

Global styrene esters pour point depressants market demand from lubricants industry is likely to surpass USD 55 million up to 2025. Pour point depressants and viscosity modifiers are used to enhance efficiency, durability and engine protection. Growing advanced polymer technologies along with increasing usage in brake oils, gear oils and hydraulic fluids shall boost the PPD demand in industry.
 

Global poly alpha olefin pour point depressants market size from exploration applications may witness gains at over 2.5% upto 2025. These products solve the problem of wax crystal formation during oil extraction and transportation of waxy crude oil through pipeline. These substances when added to the oil enhance the extract efficiency and reduce the damage impact on pipeline performance which is extensively utilized in oil & gas industry, thereby driving PPD market demand.
 

North America, driven by Canada, Mexico and the U.S. pour point depressants market size should surpass USD 200 million by 2025 owing to high economic growth and increasing presence of huge automobile manufacturing hubs in the region. These additives provide superior fuel efficiency which enhances the overall automotive performance. Growing technological advancements have enabled automotive manufacturers to enhance the product innovation in pour point depressant products which should increase the demand for lubricant additives for automotive in the region.
 

Europe pour point depressants market demand driven by Germany, UK, France, Italy and Spain may record about 3% gains in the forecasted timeframe. Growing demand for high speed & efficient time saving mode of transport has made consumer inclination shift towards air transportation. Growing product usage as additives in jet fuels to prohibit the formation of ice crystals in aircraft engines at higher altitudes shall stimulate the market demand in the industry.
 

Asia Pacific driven by India, Japan, and South Korea and China pour point depressants market size may register gains of about 4.5% by 2025. Growing oil extraction & production activities owing to the increasing demand for crude oil derivatives such as gasoline and diesel shall drive the product demand. Pour point depressants are witnessing widespread usage in oil & gas production machineries pertaining to their ability to pump oil effectively without having any adverse effect on the resultant product, thereby driving the product demand in the region.