Cold Flow Improvers Market

Cold Flow Improvers Market worth $806 million by 2023

The report "Cold Flow Improvers Market by Type (Ethylene Vinyl Acetate, Polyalpha Olefin, Polyalkyl Methacrylate), Application (Diesel Fuel, Lubricating Oil, Aviation Fuel), End-Use Industry (Automotive, Aerospace & Defense) and Region - Global Forecast 2023" The cold flow improvers market is projected to grow from USD 605 million in 2018 to USD 806 million by 2023, at a CAGR of 5.9% during the forecast period. The growth of the market can be attributed to the increasing consumption of cold flow improvers in the automotive industry.

Browse 75 market data Tables and 44 Figures spread through 114 Pages and in-depth TOC on "Cold Flow Improvers Market by Type (Ethylene Vinyl Acetate, Polyalpha Olefin, Polyalkyl Methacrylate), Application (Diesel Fuel, Lubricating Oil, Aviation Fuel), End-Use Industry (Automotive, Aerospace & Defense) and Region - Global Forecast 2023"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/cold-flow-improver-market-22248854.html

The ethylene vinyl acetate segment is projected to account for the largest share during the forecast period.

The ethylene vinyl acetate segment is projected to account for the highest share of the overall cold flow improvers market during the forecast period. Ethylene vinyl acetate is widely used in the oil industry as they offer properties such as wax deposition inhibition at low temperature which inhibits the formation and deposition of wax crystal in heavy & light vehicles engines.

Diesel fuel is estimated to be the largest application of cold flow improvers in 2018.

On the basis of application, diesel fuel is projected to be the largest as well as fastest-growing application during the forecast period. This is due to the increasing demand for high-performance fuel from the automotive industry and the adoption of biofuel mandates by various countries to reduce the consumption of petroleum products.

The automotive end-use industry is projected to account for the largest share of the market.

Based on end-use, the automotive end-use industry led the demand for cold flow improvers, accounting for the largest share of the overall market. The segment is also projected to be the fastest-growing end-use industry of cold flow improver during the forecast period due to increasing demand for cold flow improvers as fuel additive and stricter fuel specification

APAC cold flow improvers market is projected to witness the highest CAGR during the forecast period.

APAC is estimated to be the leading cold flow improvers market in 2018. APAC is estimated to be followed by North America and Europe. The growth in the APAC region can be attributed to the rapidly increasing refining capacities in countries such as China and India. Apart from the expansion of crude oil distillation and refining capacity, the region is also witnessing increasing demand for high-performance fuel due to rapid growth in the automotive & transportation industry. The region’s strong industrial base, favorable government policies, and low labor cost are further strengthening the cold flow improvers market in APAC.

Lubrizol Corporation (US), Chevron Oronite (US), Clariant AG (Switzerland), Afton Chemicals (US), BASF SE (Germany), Innospec (US), Evonik Industries AG (Germany), Infineum International Limited (UK), and Baker Hughes (US) are the key players operating in the cold flow improvers market.

Don’t miss out on business opportunities in Cold Flow Improvers Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Cold Flow Improvers Market Size,  Share & Growth Report
Report Code
CH 7007
PR Published ON
4/3/2019
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Cold Flow Improvers Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home