A cold flow improver (CFI) is a kind of additive that can effectively improve the flow property of diesel at low temperatures. Owing to the wide variety of oil components, many polymers were developed as pour point depressants (PPD) to affect the flow property of diesel via adjusting the precipitation. In general, these polymers have a wax-like paraffin part, which provides the interaction between the additive and paraffin, and a polar segment that is responsible for modifying the morphology of wax crystals. Owing to the wide range of properties and growing demand from downstream industries, the coil coating market is expected to propel in near future.
Growing competitiveness of foremost cold flow improver manufacturers, advancement in technology, growth of automotive industry are some of the factors driving the cold flow improvers market. Furthermore, strict government regulations and mounting environmental compliance is also the major factor driving the cold flow improvers market. However, factor such as rise in demand for alternative fuels is hampering the cold flow improvers market globally.
The cold flow improvers is segmented by type, application, end use industry and geography.
Various types of cold flow improvers are commercialized such as Ethylene Vinyl Acetate, Polyalkyl Methacrylate (Pama), Polyalpha Olefin and Others. Polyalkyl methacrylate is extensively used in the finished fuel and lubricating oil industry as they offer properties such as wax deposition inhibition at low temperature, which inhibits the formation and deposition of wax crystal in heavy & light vehicles engines.
The major applications of cold flow improvers are diesel fuel, lubricating oil, aviation fuel and others. Owing to the high demand of diesel fuel in various end use industry such as automotive, the diesel fuel segment is estimated to grow significantly during the forecast period.
The cold flow improvers are mostly used in various end use industries such as, Automotive, Aerospace & Defence and Others. The automotive industry dominated the overall end use industry segment owing to the increasing demand for finished fuel and tighter environmental regulations.
Based on geography, the market is segmented into Asia-Pacific, North America, Western Europe, Central & Eastern Europe, Middle East & Africa and South America. Asia Pacific emerged as the largest consumer and dominated the cold flow improvers market in 2018, owing to huge demand for cold flow improvers from countries such as Japan, China, India and increasing consumption for cold flow improvers in various end use industries is benefitting the overall regional market.
The global cold flow improvers market is led by key companies such Ecolab, Afton Chemicals, Baker Hughes, BASF SE, Bell Performance, Cestoil Chemical, Chevron Oronite, Clariant AG, Drof Ketal, Evonik Industries, Infineum International Limited, Innospec, Lubrizol Corporation, Tianhe Chemicals and Total. Foremost companies have invested huge capital in mergers & acquisitions and research & development activities to develop advanced products in the market.
The cold flow improvers is segmented by type, application, end use industry and geography. Various types of cold flow improvers are commercialized such as Ethylene Vinyl Acetate, Polyalkyl Methacrylate (Pama), Polyalpha Olefin and Others. Polyalkyl methacrylate is extensively used in the finished fuel and lubricating oil industry as they offer properties such as wax deposition inhibition at low temperature, which inhibits the formation and deposition of wax crystal in heavy & light vehicles engines. The major applications of cold flow improvers are diesel fuel, lubricating oil, aviation fuel and others. Owing to the high demand of diesel fuel in various end use industry such as automotive, the diesel fuel segment is estimated to grow significantly during the forecast period. The cold flow improvers are mostly used in various end use industries such as, Automotive, Aerospace & Defence and Others. The automotive industry dominated the overall end use industry segment owing to the increasing demand for finished fuel and tighter environmental regulations. Based on geography, the market is segmented into Asia-Pacific, North America, Western Europe, Central & Eastern Europe, Middle East & Africa and South America. Asia Pacific emerged as the largest consumer and dominated the cold flow improvers market in 2018, owing to huge demand for cold flow improvers from countries such as Japan, China, India and increasing consumption for cold flow improvers in various end use industries is benefitting the overall regional market.
Why to buy this report: