Pour Point Depressant (PPD) Market Research Report: by End User (Lubricant, Oil & Gas), Chemistry (Polyalkyl-Methacrylate, Styrene Esters, Ethylene Co-Vinyl-Acetate, Poly Alpha Olefin), Application (Automotive, Aviation, Industrial, Marine, Production, Refining, Exploration) – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023

  • Published: February 2018
  • Report Code: CM10666
  • Available Format: PDF
  • Pages: 194

The global pour point depressant (PPD) market was valued at $1,487.2 million in 2016, and it is predicted to register a CAGR of 3.7% during the forecast period (2017–2023), reaching $1,902.3 million by 2023.

Asia-Pacific (APAC) held the largest revenue market share, accounting for over 32%, in 2016. The market in the region in expected to witness a fast-paced growth owing to factors such as rapid urbanization, improving living standards, along with infrastructural development in emerging economies. In addition, with the setup of new automobile manufacturing plants in the region, the market demand for PPD and lubricants is projected to increase in the coming years.

Pour Point Depressant Market

Factors Governing Pour Point Depressant Market

The market demand for PPD has witnessed a significant rise over the past few years in the automotive industry. This is attributed to the growing demand for PPD for the manufacturing of lubricants required for vehicles. Further, the increase in automotive production in various countries, such as Brazil, Thailand, India, and Indonesia, is expected to drive the pour point depressant market.

In recent years, significant research and development (R&D) activities have taken place for the development of different types of PPDs. For instance, the development of poly alpha olefins (PAO) for the manufacturing of PPD. Usage of PAO in manufacturing of PPD effectively improves low-temperature viscosity and modifies crystallization behavior. Hereby, several other developments similar to this are expected to serve as upcoming opportunities for the pour point depressant market in the coming years.

Pour Point Depressant Market

Segmentation Analysis of Pour Point Depressant Market

The lubricant industry category in terms of end user dominated the pour point depressant market with a larger share in 2016, and is expected to showcase a higher CAGR during the forecast period. PPD is vastly used in the manufacturing of lubricants since it has the ability to prevent wax crystal formation at low temperatures.

The poly alkyl methacrylate category held the largest revenue share in terms of chemistry, in 2016, in the pour point depressant market. Also, it is projected to grow fastest during the forecast period. This growth can be attributed to large-scale usage of poly alkyl methacrylate in the manufacturing of lubricants. Poly alkyl methacrylate copolymer comprises about 60–96%, by weight of C12-C16 alkyl methacrylates; and about 4–40% by weight of C18-C30 alkyl methacrylates.

The automotive application category held largest revenue share in the pour point depressant market in 2016. This is ascribed to the high-volume usage of lubricants in the automotive industry. With the increase in automotive production across the globe, the market demand for PPD from automotive industry is projected to increase.

Pour Point Depressant Market (2013-2023) Report Coverage
Report Attribute Details
Historical Years 2013-2016
Forecast Years 2017-2023
Market Size by Segments End User, Chemistry, Application
Market Size of Geographies India, China, Japan, Russia, Germany, U.K., France, Italy, Spain, U.S., Canada, Brazil, Mexico, Venezuela, South Africa, Saudi Arabia, Iran
Market Players Afton Chemical Corporation, Chevron Corporation, Croda International Plc., The Lubrizol Corporation, Sanyo Chemical Industries, Ltd., INNOSPEC INC., Clariant AG, Messina Incorporated, Akzo Nobel N. V., Evonik Industries AG

Geographical Analysis of Pour Point Depressant Market

Geographically, APAC accounted for the largest share in 2016 in the pour point depressant market. The market in the region is expected to witness a significant growth during the forecast period, owing to boom in the economies of the developing countries, such as China, India, Malaysia, and Thailand. In addition, rapid urbanization, changing lifestyles, improving living standards, and development in infrastructure sector are boosting the market demand for PPD.

Pour Point Depressant Market

Competitive Landscape of Pour Point Depressant Market

Some of the leading players operating in the global pour point depressant market include Clariant AG, Akzo Nobel N.V., Chevron Corporation, The Lubrizol Corporation, and Evonik Industries AG, among several others.

Recent Strategic Developments of Major Pour Point Depressant Market Players

Several players in the pour point depressant market have taken strategic measures in order to gain larger share in globally. For instance, in July 2016, ALTANA AG acquired the Dutch enterprise Addcomp Holland BV, a developer and manufacturer of unique polymer additive solutions. Addcomp will be integrated into the plastic additives business line of ALTANA’s largest division BYK Additives & Instruments.

Market Size Breakdown by Segment

The Pour Point Depressant (PPD) Market report offers comprehensive market segmentation analysis along with market estimation for the period 2013–2023.

Based on End User

  • Lubricant Industry
  • Oil & Gas Industry

Based on Chemistry

  • Poly Alkyl Methacrylates
  • Ethylene Co-Vinyl-Acetate
  • Styrene Esters
  • Poly Alpha Olefin
  • Pthalic Acid Esters

Based on Application

  • Lubricants
    • Automotive
    • Industrial
    • Marine
    • Aviation
  • Oil and Gas
    • Exploration
    • Production
    • Refining

Geographical Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Russia
    • France
    • U.K.
    • Italy
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
  • Latin America (LATAM)
    • Brazil
    • Mexico
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Iran

Key Questions Addressed

  • What is the current scenario of the global pour point depressant market?
  • What is the historical and the present size of the market segments and their future potential?
  • What are the major catalysts for the market and their impact during the short, medium, and long terms?
  • What are the evolving opportunities for the players in the market?
  • Which application is expected to dominate the global market during the forecast period?
  • Which are the key geographies from the investment perspective?
  • What are the key strategies adopted by the major players to expand their market share?
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