The Cold Flow Improvers Market is predicted to achieve growth rate at a CAGR 4.19% during the forecast period from 2021 to 2026. Cold flow improvers are polymers or co-polymers additive which prevent the formation of crystals in fuel or lubricating oil which can clog the filters and feed lines at low temperature and can cause engine shutdown.
The cold flow improvers market has been classified based on type as polyalkyl methacrylate, ethylene vinyl acetate, polyalph olefin, and others. The polyalkyl methacrylate segment of the market is projected to witness the highest CAGR during the forecast period. Polyalkyl methacrylate is widely used in the finished fuel and lubricating 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. They are also flexible and can be blended with fuel such as diesel and aviation fuel.
Diesel fuel, by application, is estimated to account the largest market share in the overall cold flow improvers market during the forecast period. Stricter biofuel mandates and the rising demand in various end-use industries such as automotive are the major drivers for the growth of the segment.
Based on end-use segment, the automotive industry is projected to hold the largest market share, also predicted to grow at fastest rate among other industries during the forecast period. Increasing demand for finished fuel and tighter environmental regulations are expected to lead the growth of the automotive industry.
APAC is expected to have the largest market share in the weather cold flow improvers attributed to strong economic growth and increasing finished fuel refining capacity in the region. APAC is also estimated to witness highest CAGR during the forecast period.
Key players in the Cold Flow Improvers Market include 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).
Key Questions Addressed by the Report
- Which are the revenue pockets in cold flow improvers market?
- What are the prime strategies of leaders in the cold flow improvers market?
- What is the future product mix of cold flow improvers market?
- Which key developments are expected to have a high impact on the cold flow improvers market?
- Which product/technologies are expected to cannibalize existing technologies?
- Introduction
- Market Definition
- Study Scope
- Study Period
- Market Stakeholders
- Research Methodology
- Secondary Research
- Primary Research
- Research Design
- Data Validation
- Limitations and Assumptions
- Market Dynamics
- Drivers
- Growth of Automotive Industry
- Stringent Environmental Regulations
- Challenges
- Rise in Demand for Alternative Fuels
- Expensive R&D Process to Formulate Cold Flow Improvers That Comply With Stringent Environmental
- Opportunities
- Increase in Demand for Ultra-Low-Sulfur Diesel (Ulsd)
- Executive Summary
- Cold Flow Improvers Market, By Type
- Ethylene Vinyl Acetate
- Polyalkyl Methacrylate (PAMA)
- Polyalpha Olefin
- Others
- Cold Flow Improvers Market, By Application
- Diesel Fuel
- Lubricating Oil
- Aviation Fuel
- Others
- Cold Flow Improvers Market, By End-Use Industry
- Automotive
- Aerospace & Defense
- Others
- Cold Flow Improvers Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Russia
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Middle East & Africa
- Saudi Arabia
- Iran
- UAE
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
- Company Profiles
- Lubrizol Corporation
- Chevron Oronite
- Clariant AG
- BASF
- Afton Chemicals
- Evonik Industries
- Innospec
- Infineum International Limited
- Baker Hughes
- EcolabThe
- Other Companies
- Drof Ketal
- Bell Performance
- Total
- Tianhe Chemicals
*Company introduction, financial information, recent developments, SWOT analysis
- Conclusion and Recommendations
- Appendix
- About
- Related Reports
- Glossary
