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Pour Point Depressant Market Size, Share & Trends Analysis Report By Product (Ethylene Co Vinyl Acetate, Poly Alkyl Methacrylates, Styrene Esters, and Poly Alpha Olefin), By End-use, By Regional Outlook and Forecast, 2024 - 2031

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    Report

  • 290 Pages
  • April 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5967282
The Global Pour Point Depressant Market size is expected to reach $2.8 billion by 2031, rising at a market growth of 4.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 7,983.68 hundred tonnes experiencing a growth of 19.1% (2020-2023).

Styrene esters are compatible with various petroleum systems, including gasoline, diesel, heating oil, and lubricants. They can be easily blended with base oils and other additives to formulate these depressants with tailored performance characteristics and enhanced stability. Consequently, the styrene esters segment would acquire nearly, 21% of the total market share by 2031. Also, Russia would consume 116.44 hundred tonnes of Styrene esters by 2031. Their compatibility with petroleum fluids minimizes the risk of phase separation, precipitation, and degradation, making them ideal additives for various applications in the petroleum industry.



The primary impact of increasing demand for petroleum products is the overall growth of the market. As the demand for petroleum products such as gasoline, diesel, and lubricants rises, there is a parallel increase in the need for these depressants to ensure efficient transportation, storage, and usage, particularly in regions with colder climates. Hence, increasing demand for petroleum products is propelling the market's growth. Additionally, Cold climates, such as those in Arctic regions or northern latitudes, present unique challenges for exploration and production of oil and gas. As demand for petroleum products continues to rise globally, particularly for heating fuels, transportation fuels, and lubricants, there is a corresponding increase in exploration and production (E&P) activities. These activities are aimed at tapping into new reserves and meeting growing energy needs, particularly in cold climates. These depressants play a crucial role in ensuring the efficient production, transportation, and utilization of petroleum products in cold weather conditions, thereby supporting the expansion of E&P activities. Thus, growing E&P activities in cold climates is promoting the growth of the market.

However, Variations in crude oil prices can result in unpredictability regarding the demand for petroleum products. When oil prices are high, there may be a slowdown in economic activity and a reduction in energy consumption, leading to lower demand for petroleum products such as diesel, gasoline, and lubricants. Moreover, volatility in crude oil prices affects investment decisions in oil and gas exploration and production projects. Therefore, volatility in crude oil prices is hampering the market's growth.

End-Use Analysis

On the basis of end-use, the market is segmented into oil & gas, automotive, aerospace, marine, and others. In 2023, the aerospace segment attained a 16.5% revenue share in the market. In terms of volume, the aerospace segment registered 1,280.18 hundred tonnes in 2023. Safety is paramount in the aerospace industry, and any disruption to fuel flow due to wax buildup can jeopardize flight operations. These depressants are essential for maintaining the dependability and safety of aircraft because they stop fuel filter clogs, fuel line icing, and engine flameouts brought on by disruptions in fuel flow.



Product Analysis

Based on product, the market is divided into poly alkyl methacrylates, ethylene co vinyl acetate, styrene esters, and poly alpha olefin. The poly alkyl methacrylates segment attained a 27% revenue share in the market in 2023. In terms of volume, the poly alkyl methacrylates segment registered 1,633.28 hundred tonnes in 2023. Poly alkyl methacrylates (PAMAs) exhibit enhanced thermal stability, allowing them to maintain effectiveness over a wide temperature range. Their resistance to thermal degradation ensures consistent depressant performance, even under extreme operating conditions encountered in the petroleum industry.

Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region witnessed 38% revenue share in the market in 2023. The Asia Pacific region is home to rapidly growing economies such as China, India, and Southeast Asia, where industrial activities and energy consumption are rising. Industrial sectors such as manufacturing, construction, and transportation rely heavily on petroleum products for fuel, lubricants, and raw materials. As industrialization progresses, the demand for these depressants to ensure the smooth flow of petroleum products in industrial processes increases accordingly.

List of Key Companies Profiled

  • Clariant AG
  • Lubrizol Corporation (Berkshire Hathaway, Inc.)
  • Evonik Industries AG (RAG-Stiftung)
  • Ecolab, Inc
  • Sanyo Chemical Industries, Ltd
  • Infineum International Limited.
  • Shenyang Great Wall Lubricant Manufacturing Co., Ltd
  • Puyang Jiahua Chemical Co., Ltd
  • Innospec Inc
  • Akzo Nobel N.V.

Market Report Segmentation

By Product (Volume, Hundred Tonnes, USD Billion, 2020-31)
  • Ethylene Co Vinyl Acetate
  • Poly Alkyl Methacrylates
  • Styrene Esters
  • Poly Alpha Olefin
By End-use (Volume, Hundred Tonnes, USD Billion, 2020-31)
  • Oil & Gas
  • Automotive
  • Aerospace
  • Marine
  • Others
By Geography (Volume, Hundred Tonnes, USD Billion, 2020-31)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Pour Point Depressant Market, by Product
1.4.2 Global Pour Point Depressant Market, by End-use
1.4.3 Global Pour Point Depressant Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Global Pour Point Depressant Market by Product
4.1 Global Ethylene Co Vinyl Acetate Market by Region
4.2 Global Poly Alkyl Methacrylates Market by Region
4.3 Global Styrene Esters Market by Region
4.4 Global Poly Alpha Olefin Market by Region
Chapter 5. Global Pour Point Depressant Market by End-use
5.1 Global Oil & Gas Market by Region
5.2 Global Automotive Market by Region
5.3 Global Aerospace Market by Region
5.4 Global Marine Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Pour Point Depressant Market by Region
6.1 North America Pour Point Depressant Market
6.1.1 North America Pour Point Depressant Market by Product
6.1.1.1 North America Ethylene Co Vinyl Acetate Market by Country
6.1.1.2 North America Poly Alkyl Methacrylates Market by Country
6.1.1.3 North America Styrene Esters Market by Country
6.1.1.4 North America Poly Alpha Olefin Market by Country
6.1.2 North America Pour Point Depressant Market by End-use
6.1.2.1 North America Oil & Gas Market by Country
6.1.2.2 North America Automotive Market by Country
6.1.2.3 North America Aerospace Market by Country
6.1.2.4 North America Marine Market by Country
6.1.2.5 North America Others Market by Country
6.1.3 North America Pour Point Depressant Market by Country
6.1.3.1 US Pour Point Depressant Market
6.1.3.1.1 US Pour Point Depressant Market by Product
6.1.3.1.2 US Pour Point Depressant Market by End-use
6.1.3.2 Canada Pour Point Depressant Market
6.1.3.2.1 Canada Pour Point Depressant Market by Product
6.1.3.2.2 Canada Pour Point Depressant Market by End-use
6.1.3.3 Mexico Pour Point Depressant Market
6.1.3.3.1 Mexico Pour Point Depressant Market by Product
6.1.3.3.2 Mexico Pour Point Depressant Market by End-use
6.1.3.4 Rest of North America Pour Point Depressant Market
6.1.3.4.1 Rest of North America Pour Point Depressant Market by Product
6.1.3.4.2 Rest of North America Pour Point Depressant Market by End-use
6.2 Europe Pour Point Depressant Market
6.2.1 Europe Pour Point Depressant Market by Product
6.2.1.1 Europe Ethylene Co Vinyl Acetate Market by Country
6.2.1.2 Europe Poly Alkyl Methacrylates Market by Country
6.2.1.3 Europe Styrene Esters Market by Country
6.2.1.4 Europe Poly Alpha Olefin Market by Country
6.2.2 Europe Pour Point Depressant Market by End-use
6.2.2.1 Europe Oil & Gas Market by Country
6.2.2.2 Europe Automotive Market by Country
6.2.2.3 Europe Aerospace Market by Country
6.2.2.4 Europe Marine Market by Country
6.2.2.5 Europe Others Market by Country
6.2.3 Europe Pour Point Depressant Market by Country
6.2.3.1 Germany Pour Point Depressant Market
6.2.3.1.1 Germany Pour Point Depressant Market by Product
6.2.3.1.2 Germany Pour Point Depressant Market by End-use
6.2.3.2 UK Pour Point Depressant Market
6.2.3.2.1 UK Pour Point Depressant Market by Product
6.2.3.2.2 UK Pour Point Depressant Market by End-use
6.2.3.3 France Pour Point Depressant Market
6.2.3.3.1 France Pour Point Depressant Market by Product
6.2.3.3.2 France Pour Point Depressant Market by End-use
6.2.3.4 Russia Pour Point Depressant Market
6.2.3.4.1 Russia Pour Point Depressant Market by Product
6.2.3.4.2 Russia Pour Point Depressant Market by End-use
6.2.3.5 Spain Pour Point Depressant Market
6.2.3.5.1 Spain Pour Point Depressant Market by Product
6.2.3.5.2 Spain Pour Point Depressant Market by End-use
6.2.3.6 Italy Pour Point Depressant Market
6.2.3.6.1 Italy Pour Point Depressant Market by Product
6.2.3.6.2 Italy Pour Point Depressant Market by End-use
6.2.3.7 Rest of Europe Pour Point Depressant Market
6.2.3.7.1 Rest of Europe Pour Point Depressant Market by Product
6.2.3.7.2 Rest of Europe Pour Point Depressant Market by End-use
6.3 Asia Pacific Pour Point Depressant Market
6.3.1 Asia Pacific Pour Point Depressant Market by Product
6.3.1.1 Asia Pacific Ethylene Co Vinyl Acetate Market by Country
6.3.1.2 Asia Pacific Poly Alkyl Methacrylates Market by Country
6.3.1.3 Asia Pacific Styrene Esters Market by Country
6.3.1.4 Asia Pacific Poly Alpha Olefin Market by Country
6.3.2 Asia Pacific Pour Point Depressant Market by End-use
6.3.2.1 Asia Pacific Oil & Gas Market by Country
6.3.2.2 Asia Pacific Automotive Market by Country
6.3.2.3 Asia Pacific Aerospace Market by Country
6.3.2.4 Asia Pacific Marine Market by Country
6.3.2.5 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Pour Point Depressant Market by Country
6.3.3.1 China Pour Point Depressant Market
6.3.3.1.1 China Pour Point Depressant Market by Product
6.3.3.1.2 China Pour Point Depressant Market by End-use
6.3.3.2 Japan Pour Point Depressant Market
6.3.3.2.1 Japan Pour Point Depressant Market by Product
6.3.3.2.2 Japan Pour Point Depressant Market by End-use
6.3.3.3 India Pour Point Depressant Market
6.3.3.3.1 India Pour Point Depressant Market by Product
6.3.3.3.2 India Pour Point Depressant Market by End-use
6.3.3.4 South Korea Pour Point Depressant Market
6.3.3.4.1 South Korea Pour Point Depressant Market by Product
6.3.3.4.2 South Korea Pour Point Depressant Market by End-use
6.3.3.5 Singapore Pour Point Depressant Market
6.3.3.5.1 Singapore Pour Point Depressant Market by Product
6.3.3.5.2 Singapore Pour Point Depressant Market by End-use
6.3.3.6 Malaysia Pour Point Depressant Market
6.3.3.6.1 Malaysia Pour Point Depressant Market by Product
6.3.3.6.2 Malaysia Pour Point Depressant Market by End-use
6.3.3.7 Rest of Asia Pacific Pour Point Depressant Market
6.3.3.7.1 Rest of Asia Pacific Pour Point Depressant Market by Product
6.3.3.7.2 Rest of Asia Pacific Pour Point Depressant Market by End-use
6.4 LAMEA Pour Point Depressant Market
6.4.1 LAMEA Pour Point Depressant Market by Product
6.4.1.1 LAMEA Ethylene Co Vinyl Acetate Market by Country
6.4.1.2 LAMEA Poly Alkyl Methacrylates Market by Country
6.4.1.3 LAMEA Styrene Esters Market by Country
6.4.1.4 LAMEA Poly Alpha Olefin Market by Country
6.4.2 LAMEA Pour Point Depressant Market by End-use
6.4.2.1 LAMEA Oil & Gas Market by Country
6.4.2.2 LAMEA Automotive Market by Country
6.4.2.3 LAMEA Aerospace Market by Country
6.4.2.4 LAMEA Marine Market by Country
6.4.2.5 LAMEA Others Market by Country
6.4.3 LAMEA Pour Point Depressant Market by Country
6.4.3.1 Brazil Pour Point Depressant Market
6.4.3.1.1 Brazil Pour Point Depressant Market by Product
6.4.3.1.2 Brazil Pour Point Depressant Market by End-use
6.4.3.2 Argentina Pour Point Depressant Market
6.4.3.2.1 Argentina Pour Point Depressant Market by Product
6.4.3.2.2 Argentina Pour Point Depressant Market by End-use
6.4.3.3 UAE Pour Point Depressant Market
6.4.3.3.1 UAE Pour Point Depressant Market by Product
6.4.3.3.2 UAE Pour Point Depressant Market by End-use
6.4.3.4 Saudi Arabia Pour Point Depressant Market
6.4.3.4.1 Saudi Arabia Pour Point Depressant Market by Product
6.4.3.4.2 Saudi Arabia Pour Point Depressant Market by End-use
6.4.3.5 South Africa Pour Point Depressant Market
6.4.3.5.1 South Africa Pour Point Depressant Market by Product
6.4.3.5.2 South Africa Pour Point Depressant Market by End-use
6.4.3.6 Nigeria Pour Point Depressant Market
6.4.3.6.1 Nigeria Pour Point Depressant Market by Product
6.4.3.6.2 Nigeria Pour Point Depressant Market by End-use
6.4.3.7 Rest of LAMEA Pour Point Depressant Market
6.4.3.7.1 Rest of LAMEA Pour Point Depressant Market by Product
6.4.3.7.2 Rest of LAMEA Pour Point Depressant Market by End-use
Chapter 7. Company Profiles
7.1 Clariant AG
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Lubrizol Corporation (Berkshire Hathaway, Inc.)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 SWOT Analysis
7.3 Evonik Industries AG (RAG-Stiftung)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Ecolab, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Sanyo Chemical Industries, Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Infineum International Limited.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Product Launches and Product Expansions:
7.6.3 SWOT Analysis
7.7 Shenyang Great Wall Lubricant Manufacturing Co., Ltd.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Puyang Jiahua Chemical Co., Ltd
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Innospec Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Akzo Nobel N.V.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
Chapter 8. Winning Imperatives of Pour Point Depressant Market

Companies Mentioned

  • Clariant AG
  • Lubrizol Corporation (Berkshire Hathaway, Inc.)
  • Evonik Industries AG (RAG-Stiftung)
  • Ecolab, Inc
  • Sanyo Chemical Industries, Ltd
  • Infineum International Limited.
  • Shenyang Great Wall Lubricant Manufacturing Co., Ltd
  • Puyang Jiahua Chemical Co., Ltd
  • Innospec Inc
  • Akzo Nobel N.V.

Methodology

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