Asia Pacific 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

Description

List of Tables

The Asia Pacific Pour Point Depressant Market would witness market growth of 4.4% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 3,095.06 hundred tonnes, showcasing a growth of 19.3% (2020-2023).

Styrene esters emerge as significant by-products within the market, playing a crucial role in enhancing the performance and efficiency of these additives. As pour point depressants, they function by modifying the crystallization behavior of waxy components in hydrocarbon fluids, effectively lowering the pour point and improving flow properties at lower temperatures. This attribute is particularly valuable in various industries, including oil and gas, automotive, and lubricants, where the viscosity and flow characteristics of fluids are critical for operational efficiency. Therefore, the China market consumed 256.79 hundred tonnes of Styrene esters in 2023.

The China market dominated the Asia Pacific Pour Point Depressant Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $302.2 Million by 2031. The Japan market is registering a CAGR of 3.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 5.1% during (2024 - 2031).

These depressants are used in storage tanks, pipelines, and transportation vessels to prevent wax deposition and flow restrictions during the storage and transportation of petroleum products. By maintaining the fluidity of petroleum fluids at low temperatures, these depressants ensure the reliable and efficient storage, handling, and transportation of crude oil, refined products, and petrochemicals.

Also, in marine and offshore operations, these depressants are employed in fuels and lubricants to prevent wax buildup and flow restrictions, ensuring smooth operation of vessels and offshore equipment in cold environments. Expansion of the marine industry translates into higher demand for the these depressants.

With the expansion of the automotive sector in India, there will be a corresponding rise in the demand for lubricants, including engine oils, transmission fluids, and hydraulic fluids. As per the National Investment Promotion and Facilitation Agency, India's automotive industry is worth more than $222 Bn and contributes 35% to Manufacturing GDP. The automobile industry produced 22.93 Mn vehicles, including passenger, commercial, three-wheelers, two-wheelers, and quadricycles, from April 2021 to March 2022. Likewise, China's marine fleet, which includes tankers, container ships, fishing vessels, commercial vessels, and bulk carriers, is among the largest and fastest growing in the world. According to the State Council of the People's Republic of China, the marine economy in China continued to post stable growth in the first nine months of 2023. The country's gross marine product grew 5.8 percent yearly to 7.2 trillion yuan (about 1 trillion U.S. dollars) in the first three quarters. Therefore, the expansion of the marine industry and the high production of automobiles in the region drive 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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.

Asia Pacific 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)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Pour Point Depressant Market, by Product
- 1.4.2Asia Pacific Pour Point Depressant Market, by End-use
- 1.4.3Asia Pacific 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
3.2Key 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.Asia Pacific Pour Point Depressant Market by Product

4.1Asia Pacific Ethylene Co Vinyl Acetate Market by Country
4.2Asia Pacific Poly Alkyl Methacrylates Market by Country
4.3Asia Pacific Styrene Esters Market by Country
4.4Asia Pacific Poly Alpha Olefin Market by Country

Chapter 5.Asia Pacific Pour Point Depressant Market by End-use

5.1Asia Pacific Oil & Gas Market by Country
5.2Asia Pacific Automotive Market by Country
5.3Asia Pacific Aerospace Market by Country
5.4Asia Pacific Marine Market by Country
5.5Asia Pacific Others Market by Country

Chapter 6.Asia Pacific Pour Point Depressant Market by Country

6.1China Pour Point Depressant Market
- 6.1.1China Pour Point Depressant Market by Product
- 6.1.2China Pour Point Depressant Market by End-use
6.2Japan Pour Point Depressant Market
- 6.2.1Japan Pour Point Depressant Market by Product
- 6.2.2Japan Pour Point Depressant Market by End-use
6.3India Pour Point Depressant Market
- 6.3.1India Pour Point Depressant Market by Product
- 6.3.2India Pour Point Depressant Market by End-use
6.4South Korea Pour Point Depressant Market
- 6.4.1South Korea Pour Point Depressant Market by Product
- 6.4.2South Korea Pour Point Depressant Market by End-use
6.5Singapore Pour Point Depressant Market
- 6.5.1Singapore Pour Point Depressant Market by Product
- 6.5.2Singapore Pour Point Depressant Market by End-use
6.6Malaysia Pour Point Depressant Market
- 6.6.1Malaysia Pour Point Depressant Market by Product
- 6.6.2Malaysia Pour Point Depressant Market by End-use
6.7Rest of Asia Pacific Pour Point Depressant Market
- 6.7.1Rest of Asia Pacific Pour Point Depressant Market by Product
- 6.7.2Rest of Asia Pacific 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 1Asia Pacific Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 2Asia Pacific Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 3Asia Pacific Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 4Asia Pacific Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 5Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 6Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 7Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 8Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 9Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, USD Million
TABLE 10Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, USD Million
TABLE 11Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 12Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 13Asia Pacific Poly Alkyl Methacrylates Market by Country, 2020 - 2023, USD Million
TABLE 14Asia Pacific Poly Alkyl Methacrylates Market by Country, 2024 - 2031, USD Million
TABLE 15Asia Pacific Poly Alkyl Methacrylates Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 16Asia Pacific Poly Alkyl Methacrylates Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 17Asia Pacific Styrene Esters Market by Country, 2020 - 2023, USD Million
TABLE 18Asia Pacific Styrene Esters Market by Country, 2024 - 2031, USD Million
TABLE 19Asia Pacific Styrene Esters Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 20Asia Pacific Styrene Esters Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 21Asia Pacific Poly Alpha Olefin Market by Country, 2020 - 2023, USD Million
TABLE 22Asia Pacific Poly Alpha Olefin Market by Country, 2024 - 2031, USD Million
TABLE 23Asia Pacific Poly Alpha Olefin Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 24Asia Pacific Poly Alpha Olefin Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 25Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 26Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 27Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 28Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 29Asia Pacific Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 30Asia Pacific Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 31Asia Pacific Oil & Gas Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 32Asia Pacific Oil & Gas Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 33Asia Pacific Automotive Market by Country, 2020 - 2023, USD Million
TABLE 34Asia Pacific Automotive Market by Country, 2024 - 2031, USD Million
TABLE 35Asia Pacific Automotive Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 36Asia Pacific Automotive Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 37Asia Pacific Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 38Asia Pacific Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 39Asia Pacific Aerospace Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 40Asia Pacific Aerospace Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 41Asia Pacific Marine Market by Country, 2020 - 2023, USD Million
TABLE 42Asia Pacific Marine Market by Country, 2024 - 2031, USD Million
TABLE 43Asia Pacific Marine Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 44Asia Pacific Marine Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 45Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 46Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 47Asia Pacific Others Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 48Asia Pacific Others Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 49Asia Pacific Pour Point Depressant Market by Country, 2020 - 2023, USD Million
TABLE 50Asia Pacific Pour Point Depressant Market by Country, 2024 - 2031, USD Million
TABLE 51Asia Pacific Pour Point Depressant Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 52Asia Pacific Pour Point Depressant Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 53China Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 54China Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 55China Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 56China Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 57China Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 58China Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 59China Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 60China Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 61China Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 62China Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 63China Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 64China Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 65Japan Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 66Japan Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 67Japan Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 68Japan Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 69Japan Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 70Japan Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 71Japan Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 72Japan Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 73Japan Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 74Japan Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 75Japan Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 76Japan Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 77India Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 78India Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 79India Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 80India Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 81India Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 82India Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 83India Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 84India Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 85India Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 86India Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 87India Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 88India Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 89South Korea Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 90South Korea Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 91South Korea Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 92South Korea Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 93South Korea Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 94South Korea Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 95South Korea Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 96South Korea Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 97South Korea Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 98South Korea Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 99South Korea Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 100South Korea Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 101Singapore Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 102Singapore Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 103Singapore Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 104Singapore Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 105Singapore Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 106Singapore Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 107Singapore Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 108Singapore Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 109Singapore Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 110Singapore Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 111Singapore Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 112Singapore Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 113Malaysia Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 114Malaysia Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 115Malaysia Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 116Malaysia Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 117Malaysia Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 118Malaysia Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 119Malaysia Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 120Malaysia Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 121Malaysia Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 122Malaysia Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 123Malaysia Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 124Malaysia Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 125Rest of Asia Pacific Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 126Rest of Asia Pacific Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 127Rest of Asia Pacific Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 128Rest of Asia Pacific Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 129Rest of Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 130Rest of Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 131Rest of Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 132Rest of Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 133Rest of Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 134Rest of Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 135Rest of Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 136Rest of Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 137Key Information - Clariant AG
TABLE 138Key Information - Lubrizol Corporation
TABLE 139Key Information - Evonik Industries AG
TABLE 140Key Information - Ecolab, Inc.
TABLE 141Key Information - Sanyo Chemical Industries, Ltd.
TABLE 142Key Information - Infineum International Limited.
TABLE 143Key Information - Shenyang Great Wall Lubricant Manufacturing Co., Ltd.
TABLE 144Key Information - Puyang Jiahua Chemical Co., Ltd
TABLE 145Key Information - Innospec Inc.
TABLE 146Key Information - Akzo Nobel N.V.

Asia Pacific 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