DUBLIN, Sept. 25, 2020 /PRNewswire/ -- The "Pour Point Depressants - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 9th edition of this report. The 169-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Pour Point Depressants Market to Reach $1.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Pour Point Depressants estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 2.3% over the period 2020-2027.
Lubricant Industry, one of the segments analyzed in the report, is projected to record 2% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oil & Gas Industry segment is readjusted to a revised 2.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $432.6 Million, While China is Forecast to Grow at 4.3% CAGR
The Pour Point Depressants market in the U.S. is estimated at US$432.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$368.1 Million by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR.
Competitors identified in this market include, among others:
- Afton Chemical Corporation
- Akzo Nobel NV
- Chevron Corporation
- Clariant Chemicals (India) Ltd.
- Croda International PLC
- Evonik Industries AG
- Innospec, Inc.
- Sanyo Chemical Industries Ltd.
- The Lubrizol Corporation
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Pour Point Depressants Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 31
For more information about this report visit https://www.researchandmarkets.com/r/h5nnrz
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SOURCE Research and Markets