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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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MarketsandMarkets™ Presents Pour Point Depressant Market by Chemistry, by End User & by region - Global Trends & Forecasts to 2020
Pour Point Depressants Market worth 1.4 Billion USD by 2020 The report “Pour Point Depressants 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.
Pour Point Depressants Market worth 1.4 Billion USD by 2020 Browse >> 135 data tables 57figures 171 pagesand in-depth TOC on “Pour Point Depressants Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. The global PPD market is projected to reach USD 1.4 Billion till 2020 Report Price – Single User License : US $ 5650 Corporate User License : US $ 8150
Pour Point Depressants Market worth 1.4 Billion USD by 2020 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.
Pour Point Depressants Market worth 1.4 Billion USD by 2020 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.
Pour Point Depressants Market worth 1.4 Billion USD by 2020 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.
Pour Point Depressants Market worth 1.4 Billion USD by 2020 Key Players - The major players of pour point depressant market include Akzonobel (The Netherlands), Evonik industries (Germany), ), Croda International (U.K.), Chevron Corporation (U.S.),Innospec Inc. (U.S.).Clariant Chemicals (Switzerland), , Messina Chemicals (U.S.), Sanyo Chemicals Industries Limited (Japan), Lubrizol (U.S.), and Infineum International Ltd (U.K.) Purchase a Copy of this Report Today !
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