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.
Free Valuable Insights: The Global Pour Point Depressant Market is Predict to reach USD 2.8 Billion by 2031, at a CAGR of 4.3%
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
TABLE 1 Asia Pacific Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 4 Asia Pacific Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 5 Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 8 Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 9 Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 12 Asia Pacific Ethylene Co Vinyl Acetate Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 13 Asia Pacific Poly Alkyl Methacrylates Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Poly Alkyl Methacrylates Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Poly Alkyl Methacrylates Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 16 Asia Pacific Poly Alkyl Methacrylates Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 17 Asia Pacific Styrene Esters Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Styrene Esters Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Styrene Esters Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 20 Asia Pacific Styrene Esters Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 21 Asia Pacific Poly Alpha Olefin Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Poly Alpha Olefin Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Poly Alpha Olefin Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 24 Asia Pacific Poly Alpha Olefin Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 25 Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 28 Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 29 Asia Pacific Oil & Gas Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Oil & Gas Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Oil & Gas Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 32 Asia Pacific Oil & Gas Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 33 Asia Pacific Automotive Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Automotive Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Automotive Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 36 Asia Pacific Automotive Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 37 Asia Pacific Aerospace Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Aerospace Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Aerospace Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 40 Asia Pacific Aerospace Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 41 Asia Pacific Marine Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Marine Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Marine Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 44 Asia Pacific Marine Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 45 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 48 Asia Pacific Others Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 49 Asia Pacific Pour Point Depressant Market by Country, 2020 - 2023, USD Million
TABLE 50 Asia Pacific Pour Point Depressant Market by Country, 2024 - 2031, USD Million
TABLE 51 Asia Pacific Pour Point Depressant Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 52 Asia Pacific Pour Point Depressant Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 53 China Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 54 China Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 55 China Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 56 China Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 57 China Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 58 China Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 59 China Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 60 China Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 61 China Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 62 China Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 63 China Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 64 China Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 65 Japan Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 66 Japan Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 67 Japan Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 68 Japan Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 69 Japan Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 70 Japan Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 71 Japan Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 72 Japan Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 73 Japan Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 74 Japan Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 75 Japan Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 76 Japan Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 77 India Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 78 India Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 79 India Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 80 India Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 81 India Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 82 India Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 83 India Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 84 India Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 85 India Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 86 India Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 87 India Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 88 India Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 89 South Korea Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 90 South Korea Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 91 South Korea Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 92 South Korea Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 93 South Korea Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 94 South Korea Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 95 South Korea Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 96 South Korea Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 97 South Korea Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 98 South Korea Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 99 South Korea Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 100 South Korea Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 101 Singapore Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 102 Singapore Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 103 Singapore Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 104 Singapore Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 105 Singapore Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 106 Singapore Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 107 Singapore Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 108 Singapore Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 109 Singapore Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 110 Singapore Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 111 Singapore Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 112 Singapore Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 113 Malaysia Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 114 Malaysia Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 115 Malaysia Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 116 Malaysia Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 117 Malaysia Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 118 Malaysia Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 119 Malaysia Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 120 Malaysia Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 121 Malaysia Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 122 Malaysia Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 123 Malaysia Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 124 Malaysia Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 125 Rest of Asia Pacific Pour Point Depressant Market, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific Pour Point Depressant Market, 2024 - 2031, USD Million
TABLE 127 Rest of Asia Pacific Pour Point Depressant Market, 2020 - 2023, Hundred Tonnes
TABLE 128 Rest of Asia Pacific Pour Point Depressant Market, 2024 - 2031, Hundred Tonnes
TABLE 129 Rest of Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, USD Million
TABLE 130 Rest of Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, USD Million
TABLE 131 Rest of Asia Pacific Pour Point Depressant Market by Product, 2020 - 2023, Hundred Tonnes
TABLE 132 Rest of Asia Pacific Pour Point Depressant Market by Product, 2024 - 2031, Hundred Tonnes
TABLE 133 Rest of Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, USD Million
TABLE 134 Rest of Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, USD Million
TABLE 135 Rest of Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2023, Hundred Tonnes
TABLE 136 Rest of Asia Pacific Pour Point Depressant Market by End-use, 2024 - 2031, Hundred Tonnes
TABLE 137 Key Information – Clariant AG
TABLE 138 Key Information – Lubrizol Corporation
TABLE 139 Key Information – Evonik Industries AG
TABLE 140 Key Information – Ecolab, Inc.
TABLE 141 Key Information – Sanyo Chemical Industries, Ltd.
TABLE 142 Key Information – Infineum International Limited.
TABLE 143 Key Information – Shenyang Great Wall Lubricant Manufacturing Co., Ltd.
TABLE 144 Key Information – Puyang Jiahua Chemical Co., Ltd
TABLE 145 Key Information – Innospec Inc.
TABLE 146 Key Information – Akzo Nobel N.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Pour Point Depressant Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Pour Point Depressant Market
FIG 4 Porter’s Five Forces Analysis - Pour Point Depressant Market
FIG 5 Asia Pacific Pour Point Depressant Market share by Product, 2023
FIG 6 Asia Pacific Pour Point Depressant Market share by Product, 2031
FIG 7 Asia Pacific Pour Point Depressant Market by Product, 2020 - 2031, USD Million
FIG 8 Asia Pacific Pour Point Depressant Market share by End-use, 2023
FIG 9 Asia Pacific Pour Point Depressant Market share by End-use, 2031
FIG 10 Asia Pacific Pour Point Depressant Market by End-use, 2020 - 2031, USD Million
FIG 11 Asia Pacific Pour Point Depressant Market share by Country, 2023
FIG 12 Asia Pacific Pour Point Depressant Market share by Country, 2031
FIG 13 Asia Pacific Pour Point Depressant Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: Clariant AG
FIG 15 SWOT Analysis: Lubrizol Corporation
FIG 16 SWOT Analysis: Evonik Industries AG
FIG 17 SWOT Analysis: Ecolab, Inc.
FIG 18 SWOT Analysis: Sanyo Chemical Industries, Ltd.
FIG 19 Recent strategies and developments: Infineum International Limited
FIG 20 SWOT Analysis: Infineum International Limited
FIG 21 SWOT Analysis: Shenyang Great Wall Lubricant Manufacturing Co., Ltd.
FIG 22 SWOT Analysis: Puyang Jiahua Chemical Co., Ltd
FIG 23 SWOT Analysis: Innospec Inc.
FIG 24 SWOT Analysis: Akzo Nobel N.V.