Why will Demand for Pour Point Depressants Soar in Asia-Pacific in Coming Years?

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The burgeoning requirement for pour point depressants (PPDs) in the automotive industry is one of the major factors driving their demand across the world. These polymers are used for producing lubricants, which are required in automobiles. Because of this reason, the soaring manufacturing of automobiles in several countries such as India, Indonesia, Brazil, and Thailand is propelling the requirement for PPDs. These materials are also being increasingly used in the oil and gas industry.

Owing to their extensive requirement in several industries, many organizations are making huge investments in research and development (R&D) projects aimed at developing various types of PPDs. For example, many organizations operating in various industries such as automotive and oil & gas are conducting R&D activities for developing poly alpha olefins (PAO) which are then used for producing PPDs, on account of their ability to improve the low-temperature viscosity and modify the crystallization behavior.