Skip to main content

Cold Flow Improvers Market to Represent a Significant Expansion at 5.2% CAGR During 2018-2027

Cold flow improvers are mostly sought after for their ability to avoid wax formation in process units and pipelines when fuel temperature lowers, especially in industries that depend on lubricants and oil & gas sectors. According to a new report on global cold flow improvers market published by Persistence Market Research (PMR), the market is estimated to witness a year on year (Y-o-Y) revenue growth of 4.6%, projecting to attain one billion dollar mark in 2019. The global consumption of cold flow improvers has been envisaged to surpass 300,000 tons in terms of volume by 2019-end.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/27697
North America to Represent Higher Y-o-Y Growth than Europe in Cold Flow Improvers Market
While Europe continues to maintain its dominance in the cold flow improvers market with an estimated volume of over 116,000 tons by 2019-end, North America is anticipated to record a higher year on year value growth of more than 5% each year following 2019.
Europe’s strong automotive industry, which is projected to cross a value of US$ 260 million in 2019, may directly impact the growth of cold flow improvers market in the region. Moreover, Europe is anticipated to account for 40% share of cold flow improvers market in the automotive segment over the forecast period.
Among end-use industries, automotive sector is likely to contribute a revenue of more than US$ 260 million to the cold flow improvers market. Increasing automotive production and sales worldwide has been accelerating the demand for lubricant additives, which is subsequently pushing the growth of cold flow improvers market. Global sales of cold flow improvers is likely to gain speedy momentum in the coming years, with consumer shift toward premium quality lubricant additives for better engine performance.
Cold Flow Improvers Market Players Eye China as Highly Lucrative Country
China, the world's leading automobile producer, is anticipated to present lucrative opportunities for key players operating in the cold flow improvers market who are focusing on improving their foothold in the emerging economies. Growing net vehicle parc and expanding fleet size are likely to be the demand driving determinants of cold flow improvers in China. Growth of China cold flow improvers market can also be attributed to significant economic growth along with robust development in the aviation infrastructure.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/methodology/27697
Besides automotive sector, aviation industry is drastically thriving in China on the account of most favored low-cost business model which may be highly impactful to growth of various markets associated with airline fuels and lubricant additives including cold flow improvers market.
Polyacrylate to Reign Supreme in the Cold Flow Improvers Market
Accounting for over 31% revenue share of cold flow improvers market by product type, polyacrylate is expected to maintain its supremacy throughout the forecast period. In terms of volume, total consumption of polyacrylate in Europe is foreseen to cross 38,000 tons in 2019, while North America takes the second position with consumption of more than 30,000 tons in the same year.
Regional Players to Hold Significant Revenue Share in Cold Flow Improvers Market
Nature of the global cold flow improvers market is projected to be moderately consolidated, with regional or local players collectively accounting for value share ranging from 40 to 45%. This is followed by the leading companies operating in the manufacturing of cold flow improvers which are anticipated to register collective market revenue share within the range of 30-35%. Owing to their strong regional presence, local players will account for relatively high share compared to leading players in the global cold flow improvers market.
Opportunities Abound for Key Players in the Cold Flow Improvers Market
In order to cater the ever-increasing regional demand, several companies producing cold flow improvers are focusing on expanding production capacity and manufacturing units in high demand regions. Further, they are targeting organic & inorganic methods such as M&A and joint ventures to strengthen their presence in the global market of cold flow improvers. In addition, emerging trends of adopting bio-based oils or vegetable oils as sustainable raw materials which not only help improve the environmental issues but also add cost and performance benefits will possibly impact the market growth.
Know More About Report@ https://www.persistencemarketresearch.com/market-research/cold-flow-improvers-market.asp

Comments

Popular posts from this blog

Development: Aerospace 3D Printing Market Strategy Planning by Top Manufacturers

  Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive,  aerospace 3D printing market  forecast shall cross  $5,933.4 million by 2026 , growing at a  CAGR of 26.8%  during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance,   National Aerospace Technology Exploitation Programme grants £140,000 funds for...

Cloud Applications Market Foraying into Emerging Economies 2030

  The COVID-19 pandemic has affected various business sectors across the globe. However, the cloud application market has observed a rapid growth in the recent months. Sudden outbreak of the COVID-19 has created a massive opportunity for cloud applications in the 1Q of 2020. For instance, organizations around the world have adopted the work from home concept, in which cloud has given organizations various applications to remotely access the data, build and run crucial applications and allows to work with the partners and employees across the globe. The healthcare sector has been observed to adopt various cloud applications in the recent days; this is majorly to maintain huge data base of the patients which helps the governing bodies as well to keep a close watch on the patients even after they have recovered and discharged.  During this unique situation, our analysts are helping our clients in understanding the  impact of COVID-19 on the cloud application market  by ...

Contactless Payment Market size share growth analysis market demand

  Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @  https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, ...