Pour Point Depressants Market

Market Insights on Pour Point Depressants covering sales outlook, demand forecast & up-to-date key trends

Pour Point Depressants Market By Chemical Compositions (Poly Alkyl Methacrylate, Styrene Ester, Alkyl Aromatic Polymer and Alkylated Polystyrene), Base Oil Additives (Group I, Group II and Group III) & Region - Forecast 2022-2028

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Pour Point Depressants Market Outlook – 2022-2028

[169 Pages Report] The global pour point depressants market size is estimated to be worth around US$ 1.97 Bn in 2022. With rising demand for pour point depressants from various end-use industries, the overall market is projected to grow at a moderate CAGR of 3.2% between 2022 and 2028, surpassing a valuation of US$ 2.46 Bn by the end of 2028.

Attribute	Details
Pour Point Depressants Market Estimated Size in 2022	US$ 1.97 Bn
Pour Point Depressants Market Projected Size in 2028	US$ 2.46 Bn
Pour Point Depressants Market Historical CAGR (2013-2021)	3.4%
Pour Point depressants Market Value-Based CAGR (2022-2028)	3.2%

Regionally, China dominates the global pour point depressants market, accounting for a share of 35% in 2022. Growth in the region is attributable to the flourishing automotive industry and presence of key market players.

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How The Market Progressed Till June 2022?

Market Statistics	Details
H1,2021 (A)	3.6%
H1,2022 Projected (P)	3.7%
H1,2022 Outlook (O)	3.4%
BPS Change : H1,2022 (O) - H1,2022 (P)	(-) 30 ↓
BPS Change : H1,2022 (O) - H1,2021 (A)	(-) 20 ↓

Future Market Insights presents a review and comparison analysis for half-yearly growth outlook of pour point depressants market along with the recent market trends impacting the growth. The global market of pour point depressants has been substantially impacted by macro-economic factors and various industrial factors as well.

Certain new developments taken place in the market includes expansion in the production capacity, acquisition of medium size manufacturers and establishing distribution network.

The market is estimated to witness a decline of 20 basis points as compare to the earlier projections of the growth magnitude for the first half of 2022. This certain decrease in the growth outlook of the market is owing to supply constraints of oil and gas due to the imposed sanctions on one of the key supplier of crude oil.

Further, owing to growth slowdown in the year on year demand for lubricants is also expected to remain one of the key restraining factors impacting the growth of the market.

Despite of certain challenges in the market, owing to substantial consumption of refined crude oil and lubricants consumption in automotive, industrial, aerospace and marine sector are expected to bolster the demand for pour point depressants during the forecast period.

2013-2021 Pour Point Depressants Market Outlook Compared to 2022-2028 Forecast

The global pour point depressants market is set to register a CAGR of 6.3% between 2022 and 2028 in comparison to 12.0% CAGR registered from 2013 to 2021.

Rising awareness about vehicle maintenance, increasing penetration of industrialization across the globe and rapid adoption of pour point depressants in lubricants and oil & gas industry for improving pour and flow characteristics of oils and lubricants are some major factors driving the global pour point depressants market.

Pour point depressants (PDD) are polymers that allow oil and lubricants to flow at lower temperatures. They eliminate the chances of wax crystal formation and allows fluids to move faster.

In extremely cold regions, the crude oil and lubricants tend to become more viscous, resulting in the formation of wax crystals. The ability of a lubricant to flow under low temperature conditions is crucial to the operation of engines and equipment expected to run in cold climates. Without the use of PPDs, a mineral oil lubricant formulation exhibits poor low temperature properties, which can even lead to lubrication starvation and equipment failure. In order to address this issue, pour point depressants are being continuously added to these products. This in turn is boosting the growth of pour point depressants market.

Pour Point Depressants Market Download Report Brochure

The global pour point depressants market witnessed a significant growth during the last few years due to rapid industrialization, expanding automotive industry and surging demand for high quality fuels and the trend is likely to continue in future. Automotive OEMs and end users across cold regions are employing pour point depressants for facilitating the flow of lubricating oils throughout the systems.

Moreover, rising usage of lubricant additives such as pour point depressants in aviation and marine transportation operation and maintenance activities for enhancing the engine and components operational efficiency is anticipated to boost the growth of pour point depressants during the forecast period.

Leading market players are integrating investigative technologies for developing quality pour point depressants. They are gradually shifting their focus towards introducing new products at affordable prices.

In addition to this, growing production and usage of bio-based lubricants is projected to further push the demand for pour point additives in the future.

Spurred by the aforementioned factors, the pour point depressants market is set to expand 1.25X through 2028.

What are the Factors Driving Pour Point Depressants Growth?

“Booming Automotive Industry Spurring Sales of Pour Point Depressants”

With exploding population and urbanization, there has been a substantial rise in the sales of vehicles all over the world. People are showing a keen interest in purchasing their own vehicle as a viable alternative to public transport. According to the International Organization of Motor Manufacturers (OICA), the global sales of vehicles reached around 77971234 in 2020. This in turn is accelerating the demand for pour point depressants to be used in lubricants additives, which can hence withstand the low temperatures.

People across different regions are extensively adopting premium quality additives in their vehicles to enhance the performance of the engine and prevent any kind of engine related issues. This is expected to boost the demand for pour point depressants in the lubricant industry during the forecast period.

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Which Factors Rule are Restricting Pour Point Depressants Market?

The rising pollution level is becoming a major hurdle for the growth of pour point depressants market. Automobiles based on conventional fuels are the core reasons behind air pollution as they emit a significant amount of nitrogen oxide, carbon monoxide, and other pollutants into the air. Moreover, various pour point depressants contain traces of sulfur which is harmful for the environment.

As a result, several governments and environmental organizations are enforcing strict regulations on automobile manufacturers to cut down carbon emission levels.

Both consumers and automotive manufacturers are slowly shifting their preference from conventional vehicles to CNG and electric ones. This will further decrease the demand for pour point depressants during the forecast period.

Country-wise Insights

Will China Remain the Dominant Pour Point Depressants Market?

“Increasing Vehicle Production and Sales Triggering China Market Growth”

As per FMI, the pour point depressants market in China will continue its dominance, accounting for a share of around 35% in 2022. The China pour point depressants market is driven by rapid industrialization, presence of leading market players and increasing production and sales of automotive.

China will remain the undisputed world leader in automotive production and sales. As per the International Organization of Motor Vehicle Manufacturers (OICA), total vehicle production in China reached around 25225242 in 2020.

With rising disposable income, people are shifted their preference from public transport to personal one. This has resulted in the increase in sales of vehicles. As various regions in China experience cold climatic conditions, people use pour point depressants to enhance the flow of lubricants and minimize the vehicle damage. This is one of the major factors driving the pour point depressants market in China.

Moreover, increasing usage of pour point depressants during oil exploration and refining is also supporting the growth of the market in the country.

What is Driving the Demand for Pour Point Depressants in the U.S.?

“Increasing Crude Oil Export Pushing Demand in the U.S”

The U.S. has emerged as one of the most lucrative markets for pour point depressants in North America due to blooming automotive industry, growing consumer awareness and rising oil & gas drilling activities. North America is likely to account for 21.3% of the global market in 2022. The U.S. has been forecast to spearhead growth in North America.

Rising demand for quality fuels and lubricants is encouraging the government and other private companies to explore new oil & gas reservoirs. Investments are increasingly being made to expand the country’s crude oil production capacity. This is positively affecting the pour point depressants market across the country.

Furthermore, increasing export of crude oil is creating huge demand for pour point depressants in the U.S. As per the U.S. Energy Information Administration (EIA), the U.S. exported around 2900 thousand barrels per day in October 2021.

How Will the U.K. Pour point depressants Market Fare?

“Rapid Industrialization Triggering Growth”

As per FMI, the demand for pour point depressants in the U.K. is slated to rise at a steady pace during the forecast period, owing to the rapid industrialization, extreme weather conditions and presence of leading market players.

The heavy presence of diverse industries across Britain is one of the major factors boosting the sales of pour point depressants. Industries are increasingly adopting these oil and lubricant additives to eliminate the risk of wax formation and enhance the performance of systems.

Pour point depressants have gained huge traction in oil distribution systems especially in cold regions. Crudes and heavy fuel oils are complex mixtures of various hydrocarbons such as paraffins, resins and asphaltenes. These hydrocarbons tend to crystallize when cooled down, which leads to severe sedimentation. In order to prevent sedimentation, enable free flow of oils and eliminate the risk of blockage of pipelines, PPD formulations are added to keep the crude or heavy fuel oil moving.

Moreover, growing customer inclination towards faster transport means such as aviation is anticipated to further boost the growth of the pour point depressants market on the country.

Category-wise Insights

Which Chemical Composition is Highly Sought-after?

“Better Stability Favoring the Adoption of Poly Alkyl Methacrylate Pour Point Depressants”

In terms of chemical compositions, pour point depressants market is segmented into poly alkyl methacrylate, styrene ester, alkyl aromatic polymer, alkylated polystyrene and others

As per FMI, poly alkyl methacrylate segment accounts for the largest revenue share in pour point depressants market during 2022. Poly alkyl methacrylates are the most commonly used co-polymers across diverse industries including aviation, automotive and industrial, due to their superior stability in extreme conditions.

Poly alkyl methacrylate-based pour point depressants effectively reduce the pour point of oil and lubricants thus enhancing their flow capacity even during extremely cold climatic conditions. Increasing adoption of these pour point depressants is anticipated to accelerate the growth of the market during the forecast period.

Which Base Oil Additives Segment Leads the Pour Point Depressants Market?

“End Users Prefer Group II Base Oil Additives”

By base oil additives, the global pour point depressants market is segmented into Group I, Group II and Group III. Among these, group ii accounts for the largest market share in 2022.

Group II base oil additives are often preferred by end users due to their high purity, low levels of nitrogen, sulfur and aromatics, and superior oxidation stability. They are manufactured by hydrocracking process and are generally clear from impurities.

With rising adoption of group II base oil additives, a healthy market share has been projected for group II base oil additives segment by the end of 2028.

Who is the Leading End User of Pour Point Depressants?

“Rising Sales of Automotive Spurring Pour Point Depressants Sales”

By end-use industry, the global pour point depressants market has been segmented into lubricants and oil & gas. Among the two, lubricants segments accounts for the major revenue share in 2022 and is projected to experience significant growth during the forecast period. This is attributable to rapid industrialization, increasing sales of vehicles and growing oil export business around the world.

Pour point depressants are being extensively used for enhancing the flow property of lubricants especially in cold regions. Addition of pour point depressants eradicate the wax formation and thus help to prevent the blockage as well.

Rapidly rising population along with increasing purchasing power of consumers is set to create enormous demand for automotive in the future. This will provide a strong thrust to the growth of pour point depressants market.

Competitive Landscape

Leading players operating in the pour point depressants market are constantly upgrading their product portfolios. They have adopted various organic and inorganic strategies such as partnerships, advanced product launches, collaborations, price reduction, acquisitions and establishment of new facilities to gain a competitive edge in the market. For instance,

In September 2019, Clariant Oil Services launched a breakthrough WAXTREAT SubZero pour point depressant technology for cold climatic regions. The technology will help oil production companies to overcome the challenges associated with the transportation of waxy crude oils.
In November 2021, Evonik announced Brenntag Bulgaria EOOD as its new distribution partner in Greece.
In November 2019, Evonik expanded its production capabilities for polyalkylmethacrylate based viscosity modifiers to meet the rapidly rising demand.

Scope of the Report

Attribute	Details
Historical Data Available for	2013-2021
Forecast Period	2022-2028
Market Analysis	Units for Volume and US$ Mn for Value
Key Regions Covered	North America, Latin America, Western Europe, Eastern Europe, South East Asia. Japan, China and the Middle East and Africa
Key Countries Covered	US, Canada, Mexico, Brazil, Germany, U.K., France, Italy, Spain, Russia, Poland, China, Japan, South Korea, India, ASEAN, Turkey, Saudi Arabia and South Africa
Key Segments Covered	Chemical Compositions, Base Oil Additives, End-Use Industry
Key Companies Profiled	AkzoNobel N.V. Chevron Oronite Company L.L.C. Clariant Afton Chemical Corporation The Lubrizol Corporation Evonik Industries Infineum International Limited NALCO Champion Shengyang Greatwall Lubricant Oil Co.,Ltd. The Aurora Chemical Puyang Jiahua Chemical Co., Ltd. Sanyo Chemical Industries Ltd. Qingdao Lead Oilfield Solutions Co., Ltd
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Pour Point Depressants Market by Category

By Chemical Compositions:

Poly Alkyl Methacrylate
Styrene Ester
Alkyl Aromatic Polymer
Alkylated Polystyrene
Others

By Base Oil Additives:

Group I
Group II
Group III

By End Use Industry:

Lubricants
- Industrial
- Automotive
- Marine
- Aviation
Oil & Gas
- Exploration & Production
- Refining

By Region:

North America
Latin America
Western Europe
Eastern Europe
South East Asia
Japan
China
MEA

Frequently Asked Questions

What is the current pour point depressants market valuation?

The pour point depressants market is estimated to be worth around US$ 1.97 Bn in 2022.

What is the demand outlook for pour point depressants market?

As per FMI, the pour point depressants market is forecast to register a CAGR of 3.2% between 2022 and 2028.

At what rate did the pour point depressants market grow between 2017 and 2021?

The pour point depressants market grew at a CAGR of 3.4% between 2013 and 2021.

What are the key trends shaping the pour point depressants market?

Increasing demand for quality fuels and lubricants, rising oil & gas activities and growing adoption of lubricant additives across various applications are some of the key trends shaping the growth of the market.

What is the growth projection for North America pour point depressants market?

The North American pour point depressants market is anticipated to account for over 21.3% share in 2022.

What is the market share of China pour point depressants market?

The pour point depressants market in China accounts for around at 35% share in 2022.

Who are the leading players in pour point depressants market?

AkzoNobel N.V., Chevron Oronite Company L.L.C., Clariant, Afton Chemical Corporation, The Lubrizol Corporation, Evonik Industries, Infineum International Limited, NALCO Champion, Shengyang Greatwall Lubricant Oil Co.,Ltd., The Aurora Chemical, Puyang Jiahua Chemical Co., Ltd., Sanyo Chemical Industries Ltd. and Qingdao Lead Oilfield Solutions Co., Ltd. are some of the leading players operating in the pour point depressants market.

Table of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Market Background

3.1. Macro-Economic Factors

3.2. Opportunity Analysis

3.3. Global Economic Outlook

3.3.1. Global GDP by Region and Country, 2006–2021

3.3.2. Global Industry Value Added

3.3.3. Global Retail Industry Outlook

3.4. Market Dynamics

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Trends

3.5. Value Chain Analysis

3.6. Forecast Factors – Relevance & Impact

4. Global Market Analysis 2013–2021 and Forecast 2022–2028

4.1. Market Volume (Tons) Projections

4.2. Pricing Analysis

4.3. Market Size Projections

4.3.1. Y-o-Y Projections

4.3.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2013–2021 and Forecast 2022–2028, by Chemical Composition

5.1. Introduction

5.1.1. Market Value Share Analysis by Composition

5.1.2. Y-o-Y Growth Analysis By Composition

5.2. Historical Market Size (US$ Mn) and Volume (Tons) By Composition, 2013–2021

5.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Composition, 2022-2028

5.3.1. Poly Alkyl Methacrylate (PAMA)

5.3.2. Styrene Ester

5.3.3. Alkyl aromatic Polymers

5.3.4. Alkylated Polystyrene

5.3.5. Others

5.4. Market Attractiveness Analysis by Composition

6. Global Market Analysis 2013–2021 and Forecast 2022–2028, by Chemical Base Oil Additives

6.1. Introduction

6.1.1. Market Value Share Analysis by Base Oil Additives

6.1.2. Y-o-Y Growth Analysis by Base Oil Additives

6.2. Historical Market Size (US$ Mn) and Volume (Tons) By Base Oil Additives, 2013–2021

6.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Base Oil Additives, 2022-2028

6.3.1. Group I

6.3.2. Group II

6.3.3. Group III

6.4. Market Attractiveness Analysis by Base Oil Additives

7. Global Market Analysis 2013–2021 and Forecast 2022–2028, by Chemical End Use Industry

7.1. Introduction

7.1.1. Market Value Share Analysis by End Use Industry

7.1.2. Y-o-Y Growth Analysis by End Use Industry

7.2. Historical Market Size (US$ Mn) and Volume (Tons) By End Use Industry, 2013–2021

7.3. Market Size (US$ Mn) and Volume (Tons) Forecast By End Use Industry, 2022-2028

7.3.1. Lubricants

7.3.1.1. Industrial

7.3.1.2. Automotive

7.3.1.3. Marine

7.3.1.4. Aviation

7.3.2. Oil & Gas

7.3.2.1. Exploration & Production

7.3.2.2. Refining

7.4. Market Attractiveness Analysis by End Use Industry

8. Global Market Analysis and Forecast, By Region

8.1. Introduction

8.1.1. Market Value Share Analysis by Region

8.1.2. Y-o-Y Growth Analysis by Region

8.2. Historical Market Size (US$ Mn) and Volume (Tons) By Region, 2013–2021

8.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Region, 2022-2028

8.3.1. North America

8.3.2. Latin America

8.3.3. Western Europe

8.3.4. Eastern Europe

8.3.5. South East Asia & Pacific

8.3.6. China

8.3.7. Japan

8.3.8. Middle East & Africa

8.4. Market Attractiveness Analysis by Region

9. Global Market Pricing Analysis

9.1. Regional Average Pricing Analysis

9.1.1. North America

9.1.2. Latin America

9.1.3. Western Europe

9.1.4. Eastern Europe

9.1.5. South East Asia & Pacific

9.1.6. China

9.1.8. Japan

9.1.9. Middle East & Africa

9.2. Pricing Analysis, by Key Manufacturers

10. North America Market Analysis 2013–2021 and Forecast 2022–2028

10.1. Introduction

10.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

10.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

10.3.1. By Country

10.3.1.1. U.S.

10.3.1.2. Canada

10.3.2. By Chemical Compositions

10.3.3. By Base Oil Additives

10.3.4. By End Use Industry

10.4. Market Attractiveness Analysis

10.4.1. By Country

10.4.2. By Chemical Compositions

10.4.3. By Base Oil Additives

10.4.4. By End Use Industry

10.5. Drivers and Restraints: Impact Analysis

10.6. Key Participants Market Presence Intensity Mapping

11. Latin America Market Analysis 2013–2021 and Forecast 2022–2028

11.1. Introduction

11.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

11.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

11.3.1. By Country

11.3.1.1. Brazil

11.3.1.2. Mexico

11.3.1.3. Rest of Latin America

11.3.2. By Chemical Compositions

11.3.3. By Base Oil Additives

11.3.4. By End Use Industry

11.4. Market Attractiveness Analysis

11.4.1. By Country

11.4.2. By Chemical Compositions

11.4.3. By Base Oil Additives

11.4.4. By End Use Industry

11.5. Drivers and Restraints: Impact Analysis

11.6. Key Participants Market Presence Intensity Mapping

12. Western Europe Market Analysis 2013–2021 and Forecast 2022–2028

12.1. Introduction

12.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

12.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

12.3.1. By Country

12.3.1.1. Germany

12.3.1.2. United Kingdom

12.3.1.3. France

12.3.1.4. Italy

12.3.1.5. Spain

12.3.1.6. Benelux

12.3.1.7. Nordic Region

12.3.1.8. Rest of Western Europe

12.3.2. By Chemical Compositions

12.3.3. By Base Oil Additives

12.3.4. By End Use Industry

12.4. Market Attractiveness Analysis

12.4.1. By Country

12.4.2. By Chemical Compositions

12.4.3. By Base Oil Additives

12.4.4. By End Use Industry

12.5. Drivers and Restraints: Impact Analysis

12.6. Key Participants Market Presence Intensity Mapping

13. Eastern Europe Market Analysis 2013–2021 and Forecast 2022–2028

13.1. Introduction

13.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

13.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

13.3.1. By Country

13.3.1.1. Russia

13.3.1.2. Poland

13.3.1.3. Rest of Eastern Europe

13.3.2. By Chemical Compositions

13.3.3. By Base Oil Additives

13.3.4. By End Use Industry

13.4. Market Attractiveness Analysis

13.4.1. By Country

13.4.2. By Chemical Compositions

13.4.3. By Base Oil Additives

13.4.4. By End Use Industry

13.5. Drivers and Restraints: Impact Analysis

13.6. Key Participants Market Presence Intensity Mapping

14. South East Asia & Pacific Market Analysis 2013–2021 and Forecast 2022–2028

14.1. Introduction

14.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

14.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

14.3.1. By Country

14.3.1.1. Indonesia

14.3.1.2. India

14.3.1.3. Philippines

14.3.1.4. Thailand

14.3.1.5. Malaysia

14.3.1.6. Oceania

14.3.1.7. Rest of SEA & Pacific

14.3.2. By Chemical Compositions

14.3.3. By Base Oil Additives

14.3.4. By End Use Industry

14.4. Market Attractiveness Analysis

14.4.1. By Country

14.4.2. By Chemical Compositions

14.4.3. By Base Oil Additives

14.4.4. By End Use Industry

14.5. Drivers and Restraints: Impact Analysis

14.6. Key Participants Market Presence Intensity Mapping

15. China Market Analysis 2013–2021 and Forecast 2022–2028

15.1. Introduction

15.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

15.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

15.3.1. By Chemical Compositions

15.3.2. By Base Oil Additives

15.3.3. By End Use Industry

15.4. Market Attractiveness Analysis

15.4.1. By Chemical Compositions

15.4.2. By Base Oil Additives

15.4.3. By End Use Industry

15.5. Drivers and Restraints: Impact Analysis

15.6. Key Participants Market Presence Intensity Mapping

16. Japan Market Analysis 2013–2021 and Forecast 2022–2028

16.1. Introduction

16.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

16.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

16.3.1. By Chemical Compositions

16.3.2. By Base Oil Additives

16.3.3. By End Use Industry

16.4. Market Attractiveness Analysis

16.4.1. By Chemical Compositions

16.4.2. By Base Oil Additives

16.4.3. By End Use Industry

16.5. Drivers and Restraints: Impact Analysis

16.6. Key Participants Market Presence Intensity Mapping

17. Middle East & Africa Market Analysis 2013–2021 and Forecast 2022–2028

17.1. Introduction

17.2. Historical Market Size (US$ Mn) and Volume (Tons) By Market Segments, 2013–2021

17.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Market Segments, 2022-2028

17.3.1. By Country

17.3.1.1. GCC Countries

17.3.1.2. South Africa

17.3.1.3. North Africa

17.3.1.4. Rest of MEA

17.3.2. By Chemical Compositions

17.3.3. By Base Oil Additives

17.3.4. By End Use Industry

17.4. Market Attractiveness Analysis

17.4.1. By Country

17.4.2. By Chemical Compositions

17.4.3. By Base Oil Additives

17.4.4. By End Use Industry

17.5. Drivers and Restraints: Impact Analysis

17.6. Key Participants Market Presence Intensity Mapping

18. Market Industry Structure

18.1. Market Analysis by Tier of Companies

18.1.1. By Large, Medium and Small

18.2. Market Presence Analysis

18.2.1. By Regional Footprint

18.2.2. By Product Footprint

18.2.3. By Channel Footprint

19. Competition Analysis

19.1. Competition Dashboard

19.2. Competitive Benchmarking

19.3. Profitability and Gross Margin Analysis By Competition

19.4. Competition Developments (Mergers, Acquisitions and Expansions)

19.5. Competition Deep dive

19.5.1. BASF SE

19.5.1.1. Overview

19.5.1.2. Product Portfolio

19.5.1.3. Profitability by Market Segments (Product/Channel/Region)

19.5.1.4. Production Footprint

19.5.1.5. Sales Footprint

19.5.1.6. Channel Footprint

19.5.1.7. Gross Margin Benchmarking

19.5.1.8. Strategy Overview

19.5.1.8.1. Marketing Strategy

19.5.1.8.2. Product Strategy

19.5.1.8.3. Channel Strategy

19.5.2. AkzoNobel N.V.

19.5.3. Chevron Oronite Company L.L.C.

19.5.4. Clariant

19.5.5. Afton Chemical Corporation

19.5.6. The Lubrizol Corporation

19.5.7. Evonik Industries

19.5.8. Infineum International Limited

19.5.9. NALCO Champion

19.5.10. Shengyang Greatwall Lubricant Oil Co.,Ltd.

19.5.11. The Aurora Chemical

19.5.12. Puyang Jiahua Chemical Co., Ltd.

19.5.13. Sanyo Chemical Industries Ltd.

19.5.14. Qingdao Lead Oilfield Solutions Co., Ltd

20. Research Methodology

21. Assumptions & Acronyms Used

List of Tables

Table 01: Global Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 02: Global Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 03: Global Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 04: Global Market Value (US$ Mn) and Volume (MT) by Region, 2013–2028

Table 05: North America Market Value (US$ Mn) and Volume (MT) by Country, 2013–2028

Table 06: North America Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 07: North America Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 08: North America Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 09: Latin America Market Value (US$ Mn) and Volume (MT) by Country, 2013–2028

Table 10: Latin America Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 11: Latin America Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 12: Latin America Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 13: Western Europe Market Value (US$ Mn) and Volume (MT) by Country, 2013–2028

Table 14: Western Europe Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 15: Western Europe Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 16: Western Europe Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 17: Eastern Europe Market Value (US$ Mn) and Volume (MT) by Country, 2013–2028

Table 18: Eastern Europe Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 19: Eastern Europe Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 20: Eastern Europe Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 21: South East Asia Market Value (US$ Mn) and Volume (MT) by Country, 2013–2028

Table 22: South East Asia Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 23: South East Asia Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 24: South East Asia Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 25: China Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 26: China Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 27: China Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 28: Japan Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 29: Japan Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 30: Japan Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Table 31: MEA Market Value (US$ Mn) and Volume (MT) by Country, 2013–2028

Table 32: MEA Market Value (US$ Mn) and Volume (MT) by Chemical Compositions, 2013–2028

Table 33: MEA Market Value (US$ Mn) and Volume (MT) by Base Oil Additives, 2013–2028

Table 34: MEA Market Value (US$ Mn) and Volume (MT) by End Use Industry, 2013–2028

Nikhil Kaitwade

Principal Consultant

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List of Charts

Figure 01: Global Historical Current and Future Market Size (US$ Mn) and Volume (Tons) Analysis, 2022-2028

Figure 02: Global Market Value (US$ Mn), 2013 – 2028

Figure 03: Global Market Absolute $ Opportunity, 2021 – 2028

Figure 04: Global Market Share and BPS Analysis by Chemical Compositions– 2013, 2022 & 2028

Figure 05: Global Market Y-o-Y (%) Growth Projections by Chemical Compositions, 2021 - 2028

Figure 06: Global Market Attractiveness Analysis by Chemical Compositions, 2022-2028

Figure 07: Global Market Share and BPS Analysis by Base Oil Additives– 2013, 2022 & 2028

Figure 08: Global Market Y-o-Y (%) Growth Projections by Base Oil Additives, 2021 - 2028

Figure 09: Global Market Attractiveness Analysis by Base Oil Additives, 2022-2028

Figure 10: Global Market Share and BPS Analysis by End Use Industry– 2013, 2022 & 2028

Figure 11: Global Market Y-o-Y (%) Growth Projections by End Use Industry, 2021 - 2028

Figure 12: Global Market Attractiveness Analysis by End Use Industry, 2022-2028

Figure 13: Global Market Share and BPS Analysis by Region– 2013, 2022 & 2028

Figure 14: Global Market Y-o-Y (%) Growth Projections by Region, 2021 - 2028

Figure 15: Global Market Attractiveness Analysis by Region, 2022-2028

Figure 16: North America Market BPS Analysis by Country, 2013, 2022 & 2028

Figure 17: North America Market Y-o-Y Growth by Country, 2021-2028

Figure 18: North America Market Attractiveness Analysis by Country, 2022-2028

Figure 19: North America Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 20: North America Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 21: North America Market Attractiveness by Chemical Compositions, 2021–2028

Figure 22: North America Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 23: North America Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 24: North America Market Attractiveness by Base Oil Additives, 2021–2028

Figure 25: North America Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 26: North America Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 27: North America Market Attractiveness by End Use Industry, 2021–2028

Figure 28: Latin America Market BPS Analysis by Country, 2013, 2022 & 2028

Figure 29: Latin America Market Y-o-Y Growth by Country, 2021-2028

Figure 30: Latin America Market Attractiveness Analysis by Country, 2022-2028

Figure 31: Latin America Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 32: Latin America Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 33: Latin America Market Attractiveness by Chemical Compositions, 2021–2028

Figure 34: Latin America Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 35: Latin America Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 36: Latin America Market Attractiveness by Base Oil Additives, 2021–2028

Figure 37: Latin America Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 38: Latin America Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 39: Latin America Market Attractiveness by End Use Industry, 2021–2028

Figure 40: Western Europe Market BPS Analysis by Country, 2013, 2022 & 2028

Figure 41: Western Europe Market Y-o-Y Growth by Country, 2021-2028

Figure 42: Western Europe Market Attractiveness Analysis by Country, 2022-2028

Figure 43: Western Europe Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 44: Western Europe Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 45: Western Europe Market Attractiveness by Chemical Compositions, 2021–2028

Figure 46: Western Europe Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 47: Western Europe Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 48: Western Europe Market Attractiveness by Base Oil Additives, 2021–2028

Figure 49: Western Europe Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 50: Western Europe Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 51: Western Europe Market Attractiveness by End Use Industry, 2021–2028

Figure 52: Eastern Europe Market BPS Analysis by Country, 2013, 2022 & 2028

Figure 53: Eastern Europe Market Y-o-Y Growth by Country, 2021-2028

Figure 54: Eastern Europe Market Attractiveness Analysis by Country, 2022-2028

Figure 55: Eastern Europe Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 56: Eastern Europe Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 57: Eastern Europe Market Attractiveness by Chemical Compositions, 2021–2028

Figure 58: Eastern Europe Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 59: Eastern Europe Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 60: Eastern Europe Market Attractiveness by Base Oil Additives, 2021–2028

Figure 61: Eastern Europe Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 62: Eastern Europe Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 63: Eastern Europe Market Attractiveness by End Use Industry, 2021–2028

Figure 64: South East Asia Market BPS Analysis by Country, 2013, 2022 & 2028

Figure 65: South East Asia Market Y-o-Y Growth by Country, 2021-2028

Figure 66: South East Asia Market Attractiveness Analysis by Country, 2022-2028

Figure 67: South East Asia Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 68: South East Asia Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 69: South East Asia Market Attractiveness by Chemical Compositions, 2021–2028

Figure 70: South East Asia Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 71: South East Asia Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 72: South East Asia Market Attractiveness by Base Oil Additives, 2021–2028

Figure 73: South East Asia Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 74: South East Asia Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 75: South East Asia Market Attractiveness by End Use Industry, 2021–2028

Figure 76: China Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 77: China Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 78: China Market Attractiveness by Chemical Compositions, 2021–2028

Figure 79: China Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 80: China Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 81: China Market Attractiveness by Base Oil Additives, 2021–2028

Figure 82: China Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 83: China Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 84: China Market Attractiveness by End Use Industry, 2021–2028

Figure 85: Japan Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 86: Japan Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 87: Japan Market Attractiveness by Chemical Compositions, 2021–2028

Figure 88: Japan Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 89: Japan Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 90: Japan Market Attractiveness by Base Oil Additives, 2021–2028

Figure 91: Japan Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 92: Japan Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 93: Japan Market Attractiveness by End Use Industry, 2021–2028

Figure 94: MEA Market BPS Analysis by Country, 2013, 2022 & 2028

Figure 95: MEA Market Y-o-Y Growth by Country, 2021-2028

Figure 96: MEA Market Attractiveness Analysis by Country, 2022-2028

Figure 97: MEA Market BPS Analysis by Chemical Compositions, 2013, 2022 & 2028

Figure 98: MEA Market Y-o-Y Growth by Chemical Compositions, 2021–2028

Figure 99: MEA Market Attractiveness by Chemical Compositions, 2021–2028

Figure 100: MEA Market BPS Analysis by Base Oil Additives, 2013, 2022 & 2028

Figure 101: MEA Market Y-o-Y Growth by Base Oil Additives, 2021–2028

Figure 102: MEA Market Attractiveness by Base Oil Additives, 2021–2028

Figure 103: MEA Market BPS Analysis by End Use Industry, 2013, 2022 & 2028

Figure 104: MEA Market Y-o-Y Growth by End Use Industry, 2021–2028

Figure 105: MEA Market Attractiveness by End Use Industry, 2021–2028