PUBLISHER: KBV Research | PRODUCT CODE: 1473085
PUBLISHER: KBV Research | PRODUCT CODE: 1473085
North America Pour Point Depressant Market Size, Share & Trends Analysis Report By Product (Ethylene Co Vinyl Acetate, Poly Alkyl Methacrylates, Styrene Esters, and Poly Alpha Olefin), By End-use, By Country and Growth Forecast, 2024 - 2031
The North America Pour Point Depressant Market would witness market growth of 3.8% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 1,328.08 hundred tonnes, showcasing a growth of 18.7% (2020-2023).
Ethylene-co-vinyl acetate (EVA) is a significant by-product in the pour point depressant market, playing a crucial role in enhancing the functionality and performance of various industrial fluids, particularly in cold weather conditions. As a copolymer of ethylene and vinyl acetate, EVA exhibits exceptional compatibility with a wide range of base fluids, including lubricants, hydraulic fluids, and diesel fuels. Its incorporation as a pour point depressant effectively lowers the crystallization temperature of these fluids, preventing wax or paraffin buildup and ensuring fluidity at lower temperatures. Therefore, the USA market consumed 794.72 hundred tonnes of Ethylene-co-vinyl acetate in 2023.
The US market dominated the North America Pour Point Depressant Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $565.5 Million by 2031. The Canada market is experiencing a CAGR of 5.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.3% during (2024 - 2031).
PPD find widespread applications across various sectors of the petroleum industry due to their ability to improve the flow properties of petroleum fluids in cold weather conditions. For example, these depressants are used in oil production operations to prevent wax deposition and flow restrictions in wellbores, production tubing, and surface facilities. By maintaining the fluidity of crude oil at low temperatures, these depressants enable uninterrupted production and transportation of crude oil from reservoirs to processing facilities.
These depressants are added to gasoline, diesel, and aviation fuel to improve their cold flow properties and prevent wax buildup in fuel lines, filters, and fuel injectors. By ensuring the smooth flow of transportation fuels in cold weather conditions, these depressants enhance engine performance, reduce fuel consumption, and minimize the risk of fuel system failures in automotive, marine, and aerospace applications.
With the expansion of the aerospace industry, there will be a rise in the number of aircraft in Canada's fleet, including commercial airliners, cargo planes, helicopters, and military aircraft. As per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada's regional development agencies (RDAs). It complemented support for the aerospace industry provided through Canada's COVID-19 Economic Response Plan and by Industry, Science and Economic Development (ISED) through the Strategic Innovation Fund. Likewise, with increasing oil production comes a higher demand for oilfield chemicals, including these depressants. As Mexico ramps up its oil production, there is a corresponding increase in the demand for these depressants to ensure the efficient extraction, transportation, and processing of crude oil. According to the International Trade Administration (ITA), Mexico ranked 13th in the world in 2022 for crude oil output, 21st in reserves, 16th in terms of capacity for refined oil, and sixth in logistics infrastructure. Hence, increasing investments in the aerospace sector and high oil production in the region are propelling the market's growth.
Based on Product, the market is segmented into Ethylene Co Vinyl Acetate, Poly Alkyl Methacrylates, Styrene Esters, and Poly Alpha Olefin. Based on End-use, the market is segmented into Oil & Gas, Automotive, Aerospace, Marine, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Clariant AG
- Lubrizol Corporation (Berkshire Hathaway, Inc.)
- Evonik Industries AG (RAG-Stiftung)
- Ecolab, Inc
- Sanyo Chemical Industries, Ltd
- Infineum International Limited.
- Shenyang Great Wall Lubricant Manufacturing Co., Ltd
- Puyang Jiahua Chemical Co., Ltd
- Innospec Inc
- Akzo Nobel N.V.
North America Pour Point Depressant Market Report Segmentation
By Product (Volume, Hundred Tonnes, USD Billion, 2020-31)
- Ethylene Co Vinyl Acetate
- Poly Alkyl Methacrylates
- Styrene Esters
- Poly Alpha Olefin
By End-use (Volume, Hundred Tonnes, USD Billion, 2020-31)
- Oil & Gas
- Automotive
- Aerospace
- Marine
- Others
By Country (Volume, Hundred Tonnes, USD Billion, 2020-31)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America Pour Point Depressant Market, by Product
- 1.4.2North America Pour Point Depressant Market, by End-use
- 1.4.3North America Pour Point Depressant Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.North America Pour Point Depressant Market by Product
- 4.1North America Ethylene Co Vinyl Acetate Market by Country
- 4.2North America Poly Alkyl Methacrylates Market by Country
- 4.3North America Styrene Esters Market by Country
- 4.4North America Poly Alpha Olefin Market by Country
Chapter 5.North America Pour Point Depressant Market by End-use
- 5.1North America Oil & Gas Market by Country
- 5.2North America Automotive Market by Country
- 5.3North America Aerospace Market by Country
- 5.4North America Marine Market by Country
- 5.5North America Others Market by Country
Chapter 6.North America Pour Point Depressant Market by Country
- 6.1US Pour Point Depressant Market
- 6.1.1US Pour Point Depressant Market by Product
- 6.1.2US Pour Point Depressant Market by End-use
- 6.2Canada Pour Point Depressant Market
- 6.2.1Canada Pour Point Depressant Market by Product
- 6.2.2Canada Pour Point Depressant Market by End-use
- 6.3Mexico Pour Point Depressant Market
- 6.3.1Mexico Pour Point Depressant Market by Product
- 6.3.2Mexico Pour Point Depressant Market by End-use
- 6.4Rest of North America Pour Point Depressant Market
- 6.4.1Rest of North America Pour Point Depressant Market by Product
- 6.4.2Rest of North America Pour Point Depressant Market by End-use
Chapter 7.Company Profiles
- 7.1Clariant AG
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5SWOT Analysis
- 7.2Lubrizol Corporation (Berkshire Hathaway, Inc.)
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4SWOT Analysis
- 7.3Evonik Industries AG (RAG-Stiftung)
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.3.5SWOT Analysis
- 7.4Ecolab, Inc.
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.4.5SWOT Analysis
- 7.5Sanyo Chemical Industries, Ltd.
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5SWOT Analysis
- 7.6Infineum International Limited.
- 7.6.1Company Overview
- 7.6.2Recent strategies and developments:
- 7.6.2.1Partnerships, Collaborations, and Agreements:
- 7.6.2.2Product Launches and Product Expansions:
- 7.6.3SWOT Analysis
- 7.7Shenyang Great Wall Lubricant Manufacturing Co., Ltd.
- 7.7.1Company Overview
- 7.7.2SWOT Analysis
- 7.8Puyang Jiahua Chemical Co., Ltd
- 7.8.1Company Overview
- 7.8.2SWOT Analysis
- 7.9Innospec Inc.
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4Research & Development Expenses
- 7.9.5SWOT Analysis
- 7.10.Akzo Nobel N.V.
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expenses
- 7.10.5SWOT Analysis
LIST OF TABLES
- TABLE 1North America Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 2North America Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 3North America Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 4North America Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 5North America Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 6North America Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 7North America Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 8North America Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 9North America Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, USD Million
- TABLE 10North America Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, USD Million
- TABLE 11North America Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 12North America Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 13North America Poly Alkyl Methacrylates Market by Country, 2020 - 2023, USD Million
- TABLE 14North America Poly Alkyl Methacrylates Market by Country, 2024 - 2031, USD Million
- TABLE 15North America Poly Alkyl Methacrylates Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 16North America Poly Alkyl Methacrylates Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 17North America Styrene Esters Market by Country, 2020 - 2023, USD Million
- TABLE 18North America Styrene Esters Market by Country, 2024 - 2031, USD Million
- TABLE 19North America Styrene Esters Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 20North America Styrene Esters Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 21North America Poly Alpha Olefin Market by Country, 2020 - 2023, USD Million
- TABLE 22North America Poly Alpha Olefin Market by Country, 2024 - 2031, USD Million
- TABLE 23North America Poly Alpha Olefin Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 24North America Poly Alpha Olefin Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 25North America Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 26North America Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 27North America Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 28North America Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 29North America Oil & Gas Market by Country, 2020 - 2023, USD Million
- TABLE 30North America Oil & Gas Market by Country, 2024 - 2031, USD Million
- TABLE 31North America Oil & Gas Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 32North America Oil & Gas Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 33North America Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 34North America Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 35North America Automotive Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 36North America Automotive Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 37North America Aerospace Market by Country, 2020 - 2023, USD Million
- TABLE 38North America Aerospace Market by Country, 2024 - 2031, USD Million
- TABLE 39North America Aerospace Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 40North America Aerospace Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 41North America Marine Market by Country, 2020 - 2023, USD Million
- TABLE 42North America Marine Market by Country, 2024 - 2031, USD Million
- TABLE 43North America Marine Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 44North America Marine Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 45North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 46North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 47North America Others Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 48North America Others Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 49North America Pour Point Depressant Market by Country, 2020 - 2023, USD Million
- TABLE 50North America Pour Point Depressant Market by Country, 2024 - 2031, USD Million
- TABLE 51North America Pour Point Depressant Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 52North America Pour Point Depressant Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 53US Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 54US Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 55US Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 56US Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 57US Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 58US Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 59US Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 60US Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 61US Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 62US Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 63US Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 64US Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 65Canada Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 66Canada Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 67Canada Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 68Canada Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 69Canada Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 70Canada Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 71Canada Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 72Canada Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 73Canada Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 74Canada Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 75Canada Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 76Canada Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 77Mexico Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 78Mexico Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 79Mexico Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 80Mexico Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 81Mexico Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 82Mexico Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 83Mexico Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 84Mexico Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 85Mexico Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 86Mexico Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 87Mexico Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 88Mexico Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 89Rest of North America Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 90Rest of North America Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 91Rest of North America Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 92Rest of North America Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 93Rest of North America Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 94Rest of North America Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 95Rest of North America Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 96Rest of North America Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 97Rest of North America Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 98Rest of North America Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 99Rest of North America Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 100Rest of North America Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 101Key Information - Clariant AG
- TABLE 102Key Information - Lubrizol Corporation
- TABLE 103Key Information - Evonik Industries AG
- TABLE 104Key Information - Ecolab, Inc.
- TABLE 105Key Information - Sanyo Chemical Industries, Ltd.
- TABLE 106Key Information - Infineum International Limited.
- TABLE 107Key Information - Shenyang Great Wall Lubricant Manufacturing Co., Ltd.
- TABLE 108Key Information - Puyang Jiahua Chemical Co., Ltd
- TABLE 109Key Information - Innospec Inc.
- TABLE 110Key Information - Akzo Nobel N.V.
