Cold Flow Improvers Market is Expected to Expand to US$ 1,616.9 Million with 6.4% CAGR by 2034 | Fact.MR Report [Yahoo! Finance]
NewMarket Corp (NEU)
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Source: Yahoo! Finance
Rockville, MD , Dec. 04, 2024 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, the global Cold Flow Improvers Market is estimated to reach a valuation of US$ 869.5 million in 2024 and is expected to grow at a CAGR of during the forecast period of (2024 to 2034). The cold flow improvers market is growing steadily, driven by increasing demand for fuel additives that enhance performance under low-temperature conditions. Cold flow improvers are necessary to maintain the fluidity of diesel, biodiesel, and other fuels to avoid gelling and wax formation that will clog fuel systems and cause engine problems. That is especially in demand in automotive, marine, and industrial sectors facing extreme seasonal drops in temperature in colder climates, where fuel performance without interruption is of the essence. Governments and regulatory authorities across the globe demand rigid reductions in emissions, along with fuel efficiency, hence bring
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