Cold flow improvers are polymers or co-polymers additive which prevent the formation of crystals in fuel and lubricating oil which can clog the filters and feed lines at low temperature and cause engine shutdown. They are generally used in fuel and lubricating oil to lowers fuel’s pour point (gel point), cloud point, and cold filter plugging point (CFPP) to improve its cold flow properties. The cold flow improvers market has been segmented based on type, application, end-use, and region. The market size is projected to grow from USD 605 million in 2018 to USD 806 million by 2023, at a CAGR of 5.9% between 2018 and 2023.
Browse 75 market data Tables and 44 Figures spread through 114 Pages and in-depth TOC on “Cold Flow Improvers Market”
Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=22248854
Lubrizol Corporation (US), Chevron Oronite (US), Clariant AG (Switzerland), Afton Chemicals (US), BASF SE (Germany), Innospec (US), Evonik Industries AG (Germany), Infineum International Limited (UK), and Baker Hughes (US) are the leading cold flow improvers manufacturers, globally. These companies adopted expansion and partnership as their major business strategy between January 2015 and August 2018 to stay competitive in the cold flow improvers market.
Speak to our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=22248854
Diesel fuel is estimated to be the largest application of cold flow improvers in 2018.
On the basis of application, diesel fuel is projected to be the largest as well as fastest-growing application during the forecast period. This is due to the increasing demand for high-performance fuel from the automotive industry and the adoption of biofuel mandates by various countries to reduce the consumption of petroleum products.
The automotive end-use industry is projected to account for the largest share of the market.
Based on end-use, the automotive end-use industry led the demand for cold flow improvers, accounting for the largest share of the overall market. The segment is also projected to be the fastest-growing end-use industry of cold flow improver during the forecast period due to increasing demand for cold flow improvers as fuel additive and stricter fuel specification
Know More @ https://www.marketsandmarkets.com/ResearchInsight/cold-flow-improver-market.asp
About MarketsandMarkets™
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
