Aviation

Four application sectors augmenting pour point depressants market size

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Pour point depressants market size, in recent times, has registered a direct impetus through the expansion of oil and gas sector – tagged as one of the leading consumers of PPDs. Governments worldwide, specifically the Trump government, have been wholeheartedly lending support to the expansion of the oil and gas industry and have been working to speed up its progress.

U.S. EVA Pour Point Depressants Market Size, 2019 & 2025, (Kilo Tons)
U.S. EVA Pour Point Depressants Market Size, 2019 & 2025, (Kilo Tons)

For example, President Trump recently signed two executive orders to speed up construction of pipelines and other projects that will effectively enhance transport of oil and natural gas between not only across states but across international borders as well. Pour point depressants market size is likely to receive a boost from such moves as crude oil is often too thick to be transported with ease over long pipelines.

Crudes and heavy fuel oils, being the mixtures of hydrocarbons that range from paraffins, resins and naphthenes to asphaltenes tend to crystallize when cooled down which lead to sedimentation and eventual blockage of pipelines. To keep crude oils moving through pipelines, pour point depressants have to be added to them, which in turn will lend commendable impetus to pour point depressants market size.

The paragraphs listed underneath elaborate on the application spectrum of PPDs. The rising demand for these products across these verticals is that are expected to enhance the pour point depressants market size over 2019-2025:

Application in crude oil transportation:

To elaborate further on use of PPDs in crude oil transportation, it should be mentioned that 20% of all produced crudes have high wax levels and pour points. Most crude oils have to be transported through pipelines that takes them to refineries, processing plant or storage. Among the various technologies that are deployed to conveniently transport crude oil, use of PPDs has proved to be by far the most economical technology.

With PPD manufacturers working with customers to produce more customized products, the pour point depressants market is expected to gain commendable proceeds over the forthcoming years.

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Application in diesel fuels and heating oils:

Chemical characteristics of diesel fuels and heating oil are as such that they contain lower molecular weight paraffins which can demonstrate different cold flow properties. For instance, diesel cuts sourced from Gas to Liquid or Coal to Liquid procedures have higher pour points when compared to crude distillation sourced diesel.

Local requirements and pipeline specifications also sometimes make PPDs inevitable for diesel fuels. In this context, pour point depressant market players often work to develop tailored PPDs that will also serve to augment pour point depressant market size further.

Application in marine fuels:

New sulfur emissions restrictions levied by various governments and agencies on marine vehicles have prompted ship owners who are unable to install costly exhaust treatment equipment to use hybrid fuels which are developed with a blend of heavy and light fuels. Pour point depressants market size has gained a considerable impetus through the development and use of such fuels as these marine fuels have to be brought to Pour Point specification with the use of PPDs.

Pour point depressants industry players who had observed this marine market trend early on have been observed to have invested heavily in better R&D regarding the development of tailored PPD additives for new types of marine diesel. In consequence, this has added a significant stimulus to the use of such fuel types.

Application in automotive sector:

The automotive industry has long since struggled with the problem of waxy buildup as wax is present in almost all refined lubricating oils. Given that the wax crystalizes at low temperatures, preventing the oils from flowing, original equipment manufacturers have invested in numerous research and development programs to find a solution to this problem.

It has been found that most OEMs have come to rely on modern, high-performance lubricants to control viscosity and prevent wear under operating conditions. Pour point depressants have been instrumental in helping lubricants to achieve such a target and have kept automotive fluids flowing even in cold weather. This has provided a major boost to PPD manufacturers and they have been found to come up with newer portfolios of products lately.

With evolving needs in various industries that utilize petroleum and where free flowing oils is a major requirement, PPDs will always find major application avenues. The World Bank has increased its investment in fossil fuel development, with $21 billion being invested between 2014 and 2018. Though the general trend is to increasingly eliminate focus from use of fossil fuels, such investments prove otherwise. A report by Global Market Insights, Inc., forecasts pour point depressants market size to surpass $935 million by 2025.

Author Name :Paroma Bhattacharya

Tactical communications market to gain traction across war-torn geographies, MEA to emerge as one of the crucial revenue pockets 2017-2024

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General Dynamics’ latest innovations at Rhode Island quite vividly portray the firm’s powerful stance in tactical communications market. The demonstration, held in the third quarter of 2017, witnessed General Dynamics, a major aerospace & defense company partaking in U.S. tactical communications market share, exhibiting its ability to command, connect & control bluefin robotics UUVs (unmanned underwater vehicles) and third-party UAVs (Unmanned aerial vehicles) with a simulated submarine combat control center ashore via STAPLS (stackable air-powered launch system) at the U.S. Naval Undersea Warfare Center. The principal goal of the firm was to offer novel solutions to the two-way communications problems occurring underwater. Experts claim General Dynamics’ move to have quite an impact on the competitive spectrum of tactical communications industry, given that other companies would be emboldened to brainstorm an even more innovative range of solutions.

U.S. Tactical Communications Market Size, By Application, 2016 & 2024 (USD Billion)

U.S. Tactical Communications Market Size, By Application, 2016 & 2024 (USD Billion)

The introduction of state-of-the-art technologies such as magnetic ear canal has helped in effectively promoting a two-way communication in covert & stealth conditions, on the grounds of which this technology finds massive applications in undercover operations, further strengthening the application spectrum of tactical communications market. This business sphere is also a witness to several strategic M&As, which have had a profound impact on the tactical communications industry outlook. Recently for instance, Evolving Systems Incorporation, a U.S. based telecom giant, has acquired Business Logic Systems, a UK headquartered telecom company, in a bid to expand its consumer base across the globe. Furthermore, the deal is slated to help expand Evolving Systems’ managed services platform to effectively offer tactical solutions to clients, in effect, strengthening its position in the regional tactical communications market.

Tactical communication products are extensively installed across building & construction, aviation, and public safety sectors. The escalating requirement for uninterrupted and covert communication during critical military & defense operations for public safety is expected to augment tactical communications industry size across public safety. The building and construction sector is also forecast to emerge as one of the most lucrative end-use domains in the ensuing years. One of the most vital reasons for the same is the consistent demand of headsets in this business space, for effective communication. The construction sector, which has been at its peak in the APAC zone – in countries such as India and China will thus emerge as a major growth avenue for tactical communications market.

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Speaking along similar lines, the regional governments across the APAC have lately been strengthening their defense sectors, via extensive funding. Furthermore, it is noteworthy to mention that the rapid industrialization across the region, coupled with the procurement of protective equipment & secured communication channels are likely to substantially impel Asia Pacific tactical communications industry size. India and China, being nearly at the forefront of the defense and construction sectors, have been predicted to emerge as the key revenue pockets for this continent.

Tactical communications have become a vital necessity across war-torn countries such as Syria. The prevalence of internal conflicts in countries like Nigeria has also necessitated the deployment of tactical communication products in the region. In consequence, this intensive demand for tactical headsets, PMRs, and related products would have a profound impact on Middle East and Africa tactical communications industry size, which is expected to emerge as a rather profitable growth avenue for the overall market in the ensuing years.

Extensive investments in R&D programs are expected to have a commendable impact on the product landscape of tactical communications market. Having recognized the same, firms such as Bose Corporation, TEA Headsets, FreeLinc Technologies Incorporation, and INVISIO Communications have been pouring in their finances in research and development activities. Bose Corporation, for instance, recently invested quite some amount to develop headsets for the aviation sector in order to provide excellent Bluetooth audio quality and personalized audio arrangement. In effect, tactical communications industry stands to gain an appreciable momentum in the years ahead, with a target revenue of over USD 30 billion by 2024.

Author Name : Dhananjay Punekar