Global Pour Point Depressants Industry

Global Pour Point Depressants Industry

  • September 2020 •
  • 169 pages •
  • Report ID: 5959752 •
  • Format: PDF
Global Pour Point Depressants Market to Reach $1.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Pour Point Depressants estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at aCAGR of 2.3% over the period 2020-2027. Lubricant Industry, one of the segments analyzed in the report, is projected to record 2% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oil & Gas Industry segment is readjusted to a revised 2.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $432.6 Million, While China is Forecast to Grow at 4.3% CAGR

The Pour Point Depressants market in the U.S. is estimated at US$432.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$368.1 Million by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR.We bring years of research experience to this 9th edition of our report. The 169-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Afton Chemical Corporation
  • Akzo Nobel NV
  • Chevron Corporation
  • Clariant Chemicals (India) Ltd.
  • Croda International PLC
  • Evonik Industries AG
  • Innospec, Inc.
  • Sanyo Chemical Industries Ltd.
  • The Lubrizol Corporation