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The global PPD market is projected to reach USD 1.4 Billion till 2020.Currently, Asia-Pacific is the biggest market of pour point depressants, accounting for more than 33.3% of the total market size in terms of value in 2014. Among all the countries in this region, the U.S. and China dominates the pour point depressant market, which had the maximum share in 2014.
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Pour Point Depressants Market worth 1.4 Billion USD by 2020 The report “Pour Point Depressant Market by Chemistry (polyalkylmethacrylates, styrene esters, ethylene co vinyl acetate, poly alpha olefin, and others), by End User (Lubricant Industry and Oil & Gas Industry) & by region - Global Trends & Forecasts to 2020”defines and segments the pour point depressant market with analysis and forecast of the market size. Browse 135 market data tables and 57 figures spread through 171 pages and in-depth TOC on “Pour Point Depressant Market by Chemistry (polyalkylmethacrylates, styrene esters, ethylene co vinyl acetate, poly alpha olefin, and others), by End User (Lubricant Industry and Oil & Gas Industry) & by region - Global Trends & Forecasts to 2020" http://www.marketsandmarkets.com/Market-Reports/pour-point-depressants-market-40258285.html Early buyers will receive 10% customization on reports. Download PDF Brochure:http://www.marketsandmarkets.com/pdfdownload.asp?id=40258285 Asia-Pacific: The biggest market for pour point depressants The pour point depressants (PPDs) market in Asia-Pacific is projected to register the fastest growth mainly due to the presence of emerging economies such as China and Indonesia. Asia-Pacific is the biggest market for PPDs, and accounted for a share of more than 30% of the global market share in terms of volume in 2014 which was majorly contributed by China. China is estimated to be the fastest- growing market for PPDs in the region owing to increasing population, vast economies, the rising automotive industry as well as growing industrialization leading to a higher growth in the lubricant and oil & gas industry and at the same PPDs market as well. Automotive: The fastest-growing industry for pour point depressants The automotive segment is the fastest-growing industry of PPDs. North America and Asia-Pacific are currently the largest consumers of PPDs for automobile sector, and accounted for a share of about 65.6% and 43.8% of the total market size in 2014. PPDs are mainly used in lubricants for improving the
machine or engine performance so that the oil has improved viscosity, the prime areas of application in automobiles are gear oils, engine oils, hydraulic fluids, driveline fluids, and brake oils. Lubricants industry (by chemistry and by end user industry): The largest market for pour point depressants The lubricant industry is one of the largest end-user industries of PPDs by chemistry and by end user industry as well and this trend is projected to continue in the near future. Asia-Pacific is the biggest market for the lubricant industry, and accounted for a share of 59.9% in chemistry segment, and 58.3% in end user industry segment in 2014. China is estimated to be the fastest growing market for PPD, followed by Indonesia, India, Japan, and South Korea for the lubricant industry in the region. The U.S. and China are at the forefront of PPDs in terms of volume, while Germany, Canada, India, and Indonesia are other key markets for PPDs consumption. China is the key market in Asia-Pacific, consuming more than half of the demand for the PPDs, followed by Indonesia, India, and South Korea where consumption is increasing at a moderate rate. The automotive industry is projected to be the fastest-growing application segment followed by the industrial and marine industry between 2015 and 2020. Speak to Analyst : http://www.marketsandmarkets.com/speaktoanalyst.asp?id=40258285 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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