Pour point depressants are oil additives that are added to lower the lowest temperature at which oils still flow or can be pumped. They find usage in various crude oils in order to decrease or inhibit crystallization of wax present in crude oil during oil transportation. Pour point depressants have qualities such as improving low-temperature operability, deposit control and lubricity enhancement. They can lower the cloud point and pour point of petroleum products without a significant change in solvent or solvency properties.

The pour point depressant market size is expected to reach US$ 2.98 Billion by 2031, from US$ 2.21 Billion in 2024, at a CAGR of 4.4% during the forecast period.

Key Takeaways
Key players operating in the Pour Point Depressant market are Medtronic Plc, Terumo Corporation, Merit Medical System, Stryker Corporation, Penumbra Inc., Boston Scientific Corporation, Teleflex Inc., Becton Dickinson and Company, Asahi Intecc Co. ltd. The growing demand for crude oil transportation across borders especially in colder regions is pushing demand for pour point depressants globally. With increasing oil exploration activities and demand for crude oil, more pour point depressants are expected to be consumed to aid in smooth flow of crude during transportation through pipelines. The major players in the market are focusing on expanding their geographical presence through partnerships and new product launches to grab increasing opportunities in developing markets.

Market Drivers
The primary driver for the Pour Point Depressant Market Demand is the rising global oil transportation demand. According to statistics, over 8 billion barrels of crude oil are shipped across the world via tankers annually. With increasing oil trade, demand for additives like pour point depressant is surging to facilitate seamless transportation of crude oil via pipelines even in colder regions and harsh weather conditions. Pour point depressants allow flow assurance at lower temperatures.

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