Polymethacrylate in VII and PPD Market size to grow by USD 426.03 million from 2022 to 2027, North America to account for 37% of the market growth

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05 Jun, 2023, 18:30 ET

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NEW YORK, June 5, 2023 /PRNewswire/ -- The Polymethacrylate in VII and Pour Point Depressant (PPD) market size is estimated to increase by USD 426.03 million from 2022 to 2027, with a CAGR of 3.68% , according to the recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region.

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Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.Find Technavio's Exclusive Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria

The Polymethacrylate in VII and Pour Point Depressant (PPD) market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below -

Additive-Chemie Luers GmbH and Co. KG, American Hitech Petroleum and Chemicals Inc., DANA Lubricants Factory LLC, Evonik Industries AG, Functional Products Inc., Infineum International Ltd., Jinzhou Kangtai Lubricant Additives Co. Ltd., Jinzhou Runda Chemical Co. Ltd., Kusa Chemicals Pvt Ltd., Mitsubishi Chemical Group Corp., NewMarket Corp., Nouryon Chemicals Holding BV, RX Marine International, Ter Group, The Lubrizol Corp., and Zhengzhou Chorus Lubricant Additive Co. Ltd.

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Polymethacrylate in VII and PPD Market - Segmentation Analysis

The market is segmented by grade type (multi-grade and mono-grade), end-user (PCMO, HDMO, industrial hydraulic oils, and automotive gear oils), and geography (APAC, Europe, North America, South America, and Middle East and Africa).

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Polymethacrylate in VII and PPD Market - Market Dynamics

Key Drivers

Significant Trends

Major Challenges

Geographic AnalysisThe market is segmented by region APAC, Europe, North America, South America, and Middle East and Africa. An analysis of key leading countries has been included.

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Polymethacrylate in VII and PPD Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.68%

Market growth 2023-2027

USD 426.03 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.2

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Grade Type

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com

SOURCE Technavio

Technavio