Recently, applicability of cold flow improver has expanded in various industries and not limited only in the automotive industry. Cold flow improver is a form of diesel fuel treatment that helps in avoiding fuel’s contents from sticking together. Cold flow improver provides advantages over other additives at low temperature thus expanding the overall demand in this market. It is also helps in preventing wax settling during storage, reduces maintenance costs and downtime, inhibits fuel-filters icing, and is alcohol free. Other factor driving the demand in this market is rising demand for diesel fuel. As compared to other fuels, diesel fuel is relatively robust in mining and construction sector and the demand for it is high in freight, municipalities, and commercial transportation companies. In addition, diesel fuel is widely used in the military, as it is less explosive and flammable than other fuels. Considering the above-mentioned factors, the global cold flow improver market is expected to rise at a significant rate in the coming years.
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Properties of Cold Flow Improvers to Significantly Benefit Market Performance
Properties of cold flow improvers are to prevent intermixing of fuel components, which no other additive can provide. This property of cold flow improver has benefited the market’s growth at very large scale. In addition, it also enhances the performance of fuel engines that operate at low temperature has further augmented the demand in this market. Defense and aerospace industries has created high demand in this market in the past few years. Mining and oil refiners also require huge amount of cold flow improvers, which has further expanded the demand in this market.
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