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.