Cold flow improver prevents the gelling/crystallization of diesel fuel and biodiesel during cold weather and temperatures.The first five-year cumulative revenue Cold Flow Improver Market (2017-2021) is projected to be US$ 1.9 Bn, which is expected to increase rather significantly over the latter part of the five-year forecast period.
Global Cold Flow Improver Market: Segmental Snapshot
By type: Ethylene vinyl acetate segment is estimated to register a CAGR of over 6%, in addition to accounting for highest revenue share among the type segments.
By application: Automobile segment is estimated to account for highest revenue share among the application segments, registering a CAGR of over 6% over the forecast period.
By region: The market in Europe accounted for highest revenue share in the global cold flow improver market in 2016, and is expected to record CAGR of over 6 % between 2017 and 2026.
The research report on the global cold flow improver market includes profiles of major companies such as Afton Chemical Corporation, BASF S.E., Evonik Industries AG, Huntsman International LLC., AkzoNobel N.V, Baker Hughes Incorporated, Chemtura Corporation, and Innospec Inc.
Source of Infographics:Â Cold Flow Improver Market Infographics By MarketResearch