PUBLISHER: KBV Research | PRODUCT CODE: 1473113
PUBLISHER: KBV Research | PRODUCT CODE: 1473113
LAMEA 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 Latin America, Middle East and Africa Pour Point Depressant Market would witness market growth of 5.8% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 688.84 hundred tonnes, showcasing a growth of 3.8% (2024-2031).
Poly alpha olefin (PAO) serves as a significant by-product in the market, contributing to its efficacy and versatility. As a synthetic hydrocarbon polymer derived from the oligomerization of alpha-olefins, PAO exhibits exceptional properties ideal for depressant formulations. Its molecular structure allows for precise customization, resulting in these depressants with tailored performance characteristics suited to diverse applications in various industries such as automotive, lubricants, and oil refining. Therefore, the Brazil market consumed 8.43 hundred tonnes of Poly alpha olefin in 2023.
The Brazil market dominated the LAMEA Pour Point Depressant Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $61.8 Million by 2031. The Argentina market is showcasing a CAGR of 6.9% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 5.4% during (2024 - 2031).
The adoption of these depressants is driven by several factors, reflecting the diverse needs and challenges across different sectors of the petroleum industry. For instance, regions with cold climates, such as northern latitudes, high-altitude areas, and polar regions, have a higher adoption rate of these depressants due to the increased risk of wax crystallization and flow restrictions in petroleum fluids during cold weather conditions. Industries operating in these regions, including oil and gas production, transportation, and refining, rely heavily on these depressants to ensure the smooth flow of petroleum products.
Also, regulatory requirements and industry standards often mandate the use of these depressants to ensure the reliability and safety of petroleum operations. Regulatory agencies may require oil and gas companies to use these depressants in oil production, transportation fuels, lubricants, and other petroleum products to prevent wax buildup and flow disruptions. Compliance with regulatory standards drives the adoption of these depressants across various sectors of the petroleum industry.
Kuwait has invested in expanding its oil refining capacity to process crude oil into value-added products for domestic consumption and export. These depressants are essential additives in the refining process to ensure that refined petroleum products meet the required specifications for cold-weather performance. The expansion of oil refining capacity in Kuwait creates opportunities for these depressant manufacturers to supply additives to refineries and fuel blending facilities. Kuwait's significant crude oil production drives a considerable need for these depressants within the nation's oil fields. According to the ITA, Kuwait is a significant oil provider and an Organization of the Petroleum Exporting Countries (OPEC) member. Approximately 90% of government export earnings and 95% of exports are derived from oil. With a production capability of over 3.15 million daily barrels, Kuwait contains about 7% of the world's oil reserves. In conclusion, the high crude oil production propels 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
LAMEA 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)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1LAMEA Pour Point Depressant Market, by Product
- 1.4.2LAMEA Pour Point Depressant Market, by End-use
- 1.4.3LAMEA 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.LAMEA Pour Point Depressant Market by Product
- 4.1LAMEA Ethylene Co Vinyl Acetate Market by Country
- 4.2LAMEA Poly Alkyl Methacrylates Market by Country
- 4.3LAMEA Styrene Esters Market by Country
- 4.4LAMEA Poly Alpha Olefin Market by Country
Chapter 5.LAMEA Pour Point Depressant Market by End-use
- 5.1LAMEA Oil & Gas Market by Country
- 5.2LAMEA Automotive Market by Country
- 5.3LAMEA Aerospace Market by Country
- 5.4LAMEA Marine Market by Country
- 5.5LAMEA Others Market by Country
Chapter 6.LAMEA Pour Point Depressant Market by Country
- 6.1Brazil Pour Point Depressant Market
- 6.1.1Brazil Pour Point Depressant Market by Product
- 6.1.2Brazil Pour Point Depressant Market by End-use
- 6.2Argentina Pour Point Depressant Market
- 6.2.1Argentina Pour Point Depressant Market by Product
- 6.2.2Argentina Pour Point Depressant Market by End-use
- 6.3UAE Pour Point Depressant Market
- 6.3.1UAE Pour Point Depressant Market by Product
- 6.3.2UAE Pour Point Depressant Market by End-use
- 6.4Saudi Arabia Pour Point Depressant Market
- 6.4.1Saudi Arabia Pour Point Depressant Market by Product
- 6.4.2Saudi Arabia Pour Point Depressant Market by End-use
- 6.5South Africa Pour Point Depressant Market
- 6.5.1South Africa Pour Point Depressant Market by Product
- 6.5.2South Africa Pour Point Depressant Market by End-use
- 6.6Nigeria Pour Point Depressant Market
- 6.6.1Nigeria Pour Point Depressant Market by Product
- 6.6.2Nigeria Pour Point Depressant Market by End-use
- 6.7Rest of LAMEA Pour Point Depressant Market
- 6.7.1Rest of LAMEA Pour Point Depressant Market by Product
- 6.7.2Rest of LAMEA 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 1LAMEA Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 2LAMEA Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 3LAMEA Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 4LAMEA Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 5LAMEA Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 6LAMEA Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 7LAMEA Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 8LAMEA Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 9LAMEA Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, USD Million
- TABLE 10LAMEA Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, USD Million
- TABLE 11LAMEA Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 12LAMEA Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 13LAMEA Poly Alkyl Methacrylates Market by Country, 2020 - 2023, USD Million
- TABLE 14LAMEA Poly Alkyl Methacrylates Market by Country, 2024 - 2031, USD Million
- TABLE 15LAMEA Poly Alkyl Methacrylates Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 16LAMEA Poly Alkyl Methacrylates Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 17LAMEA Styrene Esters Market by Country, 2020 - 2023, USD Million
- TABLE 18LAMEA Styrene Esters Market by Country, 2024 - 2031, USD Million
- TABLE 19LAMEA Styrene Esters Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 20LAMEA Styrene Esters Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 21LAMEA Poly Alpha Olefin Market by Country, 2020 - 2023, USD Million
- TABLE 22LAMEA Poly Alpha Olefin Market by Country, 2024 - 2031, USD Million
- TABLE 23LAMEA Poly Alpha Olefin Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 24LAMEA Poly Alpha Olefin Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 25LAMEA Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 26LAMEA Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 27LAMEA Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 28LAMEA Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 29LAMEA Oil & Gas Market by Country, 2020 - 2023, USD Million
- TABLE 30LAMEA Oil & Gas Market by Country, 2024 - 2031, USD Million
- TABLE 31LAMEA Oil & Gas Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 32LAMEA Oil & Gas Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 33LAMEA Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 34LAMEA Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 35LAMEA Automotive Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 36LAMEA Automotive Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 37LAMEA Aerospace Market by Country, 2020 - 2023, USD Million
- TABLE 38LAMEA Aerospace Market by Country, 2024 - 2031, USD Million
- TABLE 39LAMEA Aerospace Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 40LAMEA Aerospace Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 41LAMEA Marine Market by Country, 2020 - 2023, USD Million
- TABLE 42LAMEA Marine Market by Country, 2024 - 2031, USD Million
- TABLE 43LAMEA Marine Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 44LAMEA Marine Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 45LAMEA Others Market by Country, 2020 - 2023, USD Million
- TABLE 46LAMEA Others Market by Country, 2024 - 2031, USD Million
- TABLE 47LAMEA Others Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 48LAMEA Others Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 49LAMEA Pour Point Depressant Market by Country, 2020 - 2023, USD Million
- TABLE 50LAMEA Pour Point Depressant Market by Country, 2024 - 2031, USD Million
- TABLE 51LAMEA Pour Point Depressant Market by Country, 2020 - 2023, Hundred Tonnes
- TABLE 52LAMEA Pour Point Depressant Market by Country, 2024 - 2031, Hundred Tonnes
- TABLE 53Brazil Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 54Brazil Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 55Brazil Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 56Brazil Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 57Brazil Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 58Brazil Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 59Brazil Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 60Brazil Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 61Brazil Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 62Brazil Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 63Brazil Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 64Brazil Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 65Argentina Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 66Argentina Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 67Argentina Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 68Argentina Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 69Argentina Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 70Argentina Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 71Argentina Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 72Argentina Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 73Argentina Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 74Argentina Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 75Argentina Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 76Argentina Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 77UAE Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 78UAE Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 79UAE Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 80UAE Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 81UAE Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 82UAE Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 83UAE Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 84UAE Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 85UAE Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 86UAE Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 87UAE Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 88UAE Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 89Saudi Arabia Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 90Saudi Arabia Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 91Saudi Arabia Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 92Saudi Arabia Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 93Saudi Arabia Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 94Saudi Arabia Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 95Saudi Arabia Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 96Saudi Arabia Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 97Saudi Arabia Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 98Saudi Arabia Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 99Saudi Arabia Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 100Saudi Arabia Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 101South Africa Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 102South Africa Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 103South Africa Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 104South Africa Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 105South Africa Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 106South Africa Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 107South Africa Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 108South Africa Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 109South Africa Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 110South Africa Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 111South Africa Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 112South Africa Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 113Nigeria Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 114Nigeria Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 115Nigeria Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 116Nigeria Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 117Nigeria Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 118Nigeria Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 119Nigeria Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 120Nigeria Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 121Nigeria Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 122Nigeria Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 123Nigeria Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 124Nigeria Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
- TABLE 125Rest of LAMEA Pour Point Depressant Market, 2020 - 2023, USD Million
- TABLE 126Rest of LAMEA Pour Point Depressant Market, 2024 - 2031, USD Million
- TABLE 127Rest of LAMEA Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
- TABLE 128Rest of LAMEA Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
- TABLE 129Rest of LAMEA Pour Point Depressant Market by Product, 2020 - 2023, USD Million
- TABLE 130Rest of LAMEA Pour Point Depressant Market by Product, 2024 - 2031, USD Million
- TABLE 131Rest of LAMEA Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
- TABLE 132Rest of LAMEA Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
- TABLE 133Rest of LAMEA Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
- TABLE 134Rest of LAMEA Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
- TABLE 135Rest of LAMEA Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
- TABLE 136Rest of LAMEA 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.
