Pour point depressant market comes under the category of additives that are being used widely by various industries for maintaining the oil temperature and consistency of the base oil. In cold regions, generally the crude oil or base oil tends to become more viscous than in the normal temperature and thus leads to formation of wax crystals. Hence, these pour point depressant are added in certain chemicals that to prvent the oil from forming these wax crystal structure.

Asia-Pacific is the biggest as well as the fastest-growing market for pour point depressants, having a significant share of around 33.3% of the global market in 2014. The market patterns of pour point depressants and its various products are continuously registered in an upward trend, which is mainly due to the growth in the lubricant industry.

The U.S. followed by China are the leading countries and the fastest-growing markets across the globe in terms of volume.

This study aims to estimate the pour point depressant market in 2015 in terms of volume and value and project its demand by 2020. The market is further segmented by region Asia-Pacific, North America, Europe, and RoW, which are further segmented by key countries in each region. The primary sources that include experts from related industries and suppliers have been interviewed to verify and collect critical information as well as to assess the future prospects of pour point depressants.

It also includes the company profiling and competitive strategies adopted by various market players, including Evonik Industries (Germany), BASF SE(Germany), Afton Chemical Corporation(U.S.), Clariant Chemicals (Switzerland), Croda International (U.K.), Chevron oronite company LLC (U.S.), Croda International PLC(U.K.), Messina Chemicals (U.S.), Sanyo Chemicals Industries Limited(Japan), Lubrizol Corporation(U.S.), Infineum International Ltd (U.K.), Akzonobel (The Netherlands), and Innospec Inc.(U.S.)

Scope of the Report:

This research report includes categories of the market for pour point depressants on the basis of chemistry for lubricant industry, chemistry for oil & gas industry, by end user industries and by region in terms of revenues, volumes, and analyzing trends in each of the submarkets.

On the basis of chemistry: The market is segmented by chemistry, such as for lubricant industry: (polyalkylmethacrylates, styrene Esters, and others), and for oil & gas industry (ethylene-co-vinyl-acetate, polyalpha olefin and polyalkylmethacrylates). Each product is further described in detail in the report with volume and value forecasts as well.

On the basis of end use industry: The pour point depressant market is segmented by end user industry which is lubricant industry: automotive, industrial, marine, and aviation, and oil & gas industry. These end user industries are further described in detail in the report.

On the basis of region: The pour point depressant market is segmented by key regions�Asia-Pacific, North America, Europe, and RoW for key countries within these regions.

The pour point depressant market has witnessed a significant growth in the recent years and this growth is projected to persist in the coming years. PPDs are widely used in the lubricant industry and oil & gas industry to enhance pour point and flow characteristics for effective handling of crude oil in transportation, storage, and processing. They are also widely used as additives in mineral oil lubricants and in middle distillates such as diesel and kerosene. The pour point depressant market is driven by increased growth in the automotive industry and also the refining activities and capacity across the world. The growth of the lubricant industry is coupled with rapid industrialization in economies such as U.S., China, and Japan. The increasing demand for API Group II and III base oils is another factor that is positively influencing the market growth. The presence of long-chain hydrocarbons in these types of base oils is mandating the manufacturers to use of pour point depressants.

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.

The pour point depressant end user industries comprises of the lubricant industry which includes automotive, industrial, marine, and aviation industries. Among these industries, automotive is majorly set to drive the growth of the PPD market due to increase use of automobiles in various regions, and second is the oil and gas industry

On the basis of chemistry, pour point depressants are classified into polyalkylmethacrylates (PAMA), styrene esters and others for the lubricants industry and, ethylenecovinylacetate (EVA), polyalpha olefin, and polyalkylmethacrylate for the oil and gas industry.

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.),

The report covers the Asia-Pacific, North America, Europe, and RoW markets. It also provides a detailed segmentation of the market on the basis of lubricant and oil and gas chemistry and end user industry along with projections till 2020.