Reports
Global Pour Point Depressants Market Share, Size, Analysis, Growth, Forecast: By Type: Poly Alkyl Methacrylates, Styrene Esters, Oligomerized Alkyl Phenol, Phthalic Acid Esters & Copolymers, Ethylene Co-Vinyl-Acetate, Poly Alpha Olefin, Others; By Application: Automotive Industry, Others; Regional Analysis; Competitive Landscape; 2023-2028
Global Pour Point Depressants Market Outlook
The global pour point depressants market size attained a value of USD 1.81 billion in 2022. The market is further expected to grow at a CAGR of 3.80% between 2023 and 2028, reaching a value of USD 2.26 billion by 2028.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Trends in the Market
Pour point depressants refer to additives support the flow of lubricants and oils at low temperatures, impeding the growth of wax crystals, so that the lubricants and oils can still flow and be pumped. By acting as wax crystal modifiers, the pour point or lowest temperature at which fuel, lubricant, or oil can flow is reduced further, enabling oil to flow in a smooth way.
- The increasing demand for automotive lubricants, such as crankcase engine oils, automatic and power transmission fluids, and automotive gear oils, is driving the pour point depressants market. Increasing affordability of passenger vehicles across semi-urban areas, growing innovations in luxury vehicles, and rising manufacturing of high-quality sedans with powerful lubrication are in expected to bolster the market for pour point depressants.
- Robust industrialisation across emerging economies, favouring the expansion of automotive, aviation, and oil and gas, among other sectors is further propelling the demand for pour point depressants. Meanwhile, the anticipated increase in demand for marine fuel pour point depressants to ensure proper functioning of marine vessels is likely to add revenue to the global market in the coming years.
Market Analysis
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on type, the market is segmented into poly alkyl methacrylates, styrene esters, oligomerized alkyl phenol, phthalic acid esters & copolymers, ethylene co-vinyl-acetate, and poly alpha olefin, among others. On the basis of application, the market is classified into automotive industry, oil and gas, industrial, marine, and aviation, among others. The regional markets for pour point depressants are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global pour point depressants market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Akzo Nobel S.A.
- Evonik Industries
- Chevron Corporation
- Croda International PLC
- Innospec
- BASF SE
- Clariant Chemicals
- Sanyo Chemical Industries Ltd.
- Messina Chemicals
- Infineum International Ltd.
- Afton Chemicals Corporation
- Lubrizol Corporation
- Arkema Group
- Krishna Antioxidants Pvt Ltd.
- Others
Market Share by Type
The styrene esters segment, based on type, accounts for a healthy share of the pour point depressants market. The increasing application of styrene esters in liquid moulding fabrication techniques to decrease viscosity and enhance the performance of resin is driving the segment’s growth. Growing industrial use of resins, such as for manufacturing lenses, electronic equipment, and furniture, etc., is further propelling the styrene esters demand. Moreover, low cost and low molecular weight of styrene ester are further heightening their industrial usage as lubricant additive.
Market Share by Application
Based on application, oil and gas is likely to be a fast-growing segment in the pour point depressants market. This can be attributed to the fact that lubrication is essential to maintain pumpability of oil in refineries and plants. Heavy volumes of oil are used in the oil and gas sector which escalates the formation of heavy wax, thereby leading to a heightened demand for pour point depressants. Over the forecast period, the anticipated increase in demand for crude oil is expected to aid oil and gas applications of pour point depressants.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Competitive Landscape
Akzo Nobel S.A. is a leading paint coating and manufacturing company, with a portfolio of brands of that include Dulux, International Sikkens, and Interpon. The company was founded in 1994 and is headquartered in Amsterdam in the Netherlands.
Evonik Industries is a renowned specialty chemicals company which caters to the demands of medical, food, construction, oil and gas, and tire and rubber, among other sectors. It was established in 2007 and is headquartered in North Rhine-Westphalia, Germany.
Chevron Corporation is a prominent petroleum refineries company based in California, United States. Founded in 1879, this company engages in all kinds of operations related to petroleum, such as exploration, production, marketing, and research.
Other market players include Croda International PLC, Innospec, BASF SE, Clariant Chemicals, Sanyo Chemical Industries Ltd., Messina Chemicals, Infineum International Ltd., Afton Chemicals Corporation, Lubrizol Corporation, Arkema Group, and Krishna Antioxidants Pvt Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Pour Point Depressants Market Analysis
8.1 Key Industry Highlights
8.2 Global Pour Point Depressants Historical Market (2018-2022)
8.3 Global Pour Point Depressants Market Forecast (2023-2028)
8.4 Global Pour Point Depressants Market by Type
8.4.1 Poly Alkyl Methacrylates
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Styrene Esters
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Oligomerized Alkyl Phenol, Phthalic Acid Esters & Copolymers
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Ethylene Co-Vinyl-Acetate
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Poly Alpha Olefin
8.4.5.1 Historical Trend (2018-2022)
8.4.5.2 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Pour Point Depressants Market by Application
8.5.1 Automotive Industry
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Oil and Gas
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Industrial
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Marine
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Aviation
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Pour Point Depressants Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Pour Point Depressants Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Pour Point Depressants Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Pour Point Depressants Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Pour Point Depressants Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Pour Point Depressants Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Akzo Nobel S.A.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Evonik Industries
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Chevron Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Croda International PLC
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Innospec
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 BASF SE
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Clariant Chemicals
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Sanyo Chemical Industries Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Messina Chemicals
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Infineum International Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Afton Chemicals Corporation
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Lubrizol Corporation
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 Arkema Group
15.2.13.1 Company Overview
15.2.13.2 Product Portfolio
15.2.13.3 Demographic Reach and Achievements
15.2.13.4 Certifications
15.2.14 Krishna Antioxidants Pvt Ltd.
15.2.14.1 Company Overview
15.2.14.2 Product Portfolio
15.2.14.3 Demographic Reach and Achievements
15.2.14.4 Certifications
15.2.15 Others
16 Key Trends and Developments in the Market
17 Key Region and Application to Target.
18 Pricing Strategies
19 Innovations
List of Key Figures and Tables
1. Global Pour Point Depressants Market: Key industry Highlights, 2018 and 2028
2. Global Pour Point Depressants Historical Market: Breakup by Chemistry (USD Million), 2018-2022
3. Global Pour Point Depressants Market Forecast: Breakup by Chemistry (USD Million), 2023-2028
4. Global Pour Point Depressants Historical Market: Breakup by End Use Industry (USD Million), 2018-2022
5. Global Pour Point Depressants Market Forecast: Breakup by End Use Industry (USD Million), 2023-2028
6. Global Pour Point Depressants Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Pour Point Depressants Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Pour Point Depressants Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Pour Point Depressants Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Pour Point Depressants Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Pour Point Depressants Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Pour Point Depressants Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Pour Point Depressants Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Pour Point Depressants Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Pour Point Depressants Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Pour Point Depressants Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Pour Point Depressants Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Pour Point Depressants Market Structure
Key Questions Answered in the Report
The market reached a value of USD 1.81 billion in 2022.
The market is estimated to grow at a CAGR of 3.80% between 2023 and 2028.
The market is estimated to witness a healthy growth between the forecast period of 2023-2028 to reach a value of USD 2.26 billion by 2028.
The increasing demand for automotive lubricants, rising usage of fuels and lubricants in cold weather, and increasing demand for marine fuel pour point depressants are the major drivers of the market.
The key trends in the market include the growing innovations by vehicle manufacturers and growing expansion of oil and gas sector propelling the demand for pour point depressants to store and pump heavy oil volumes.
Poly alkyl methacrylates, styrene esters, oligomerized alkyl phenol, phthalic acid esters & copolymers, ethylene co-vinyl-acetate, and poly alpha olefin, among others, are the different types of pour point depressants in the market.
Automotive industry, oil and gas, industrial, marine, and aviation, among others, are the major applications of pour point depressants.
Akzo Nobel S.A., Evonik Industries, Chevron Corporation, Croda International PLC, Innospec, BASF SE, Clariant Chemicals, Sanyo Chemical Industries Ltd., Messina Chemicals, Infineum International Ltd., Afton Chemicals Corporation, Lubrizol Corporation, Arkema Group, and Krishna Antioxidants Pvt Ltd., among others, are the key players in the pour point depressants market, according to the report.
Analyst Review
The global pour point depressants market was driven by the growing demand for high-quality fuels and lubricants in the automotive industry in the historical period. Aided by rising oil extraction and increased industrialisation, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 4%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product, the market is divided into polyalkylmethacrylates, styrene esters, ethylene co-vinyl acetate, and poly alpha olefin, among others. The major end-uses are automotive, aviation, industrial, oil and gas, and marine, among others. The major regional markets for pour point depressants are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are INEOS AG, The Lubrizol Corporation, Evonik Industries AG, Sanyo Chemical Limited, and Afton Chemical Corporation, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$3499-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$4499-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$5499-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER