Global Specialty Fuel Additives Market Is Expected To Represent a Value of Over US$ 6000 Mn by the End of 2022
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The global specialty fuel additives is expected to register a moderate growth attributed to considerable demand in the aviation and automotive industry. Growing need for efficient fuel performance and protection from rust and gum formation is expected to contribute towards growth of the global market positively. This Fact.MR report discusses key prospects for growth of global specialty fuel additive market during the forecast period, 2017-2022, offering pragmatic insights to lead market players towards devising & implementing informed strategies. The scope of the report is to analyze the global specialty fuel additive marketfor the period 2017-2022 and give readers an accurate, unbiased analysis. Specialty fuel additive manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
Steady Demand in Aviation Industry
Apart from the automotive industry, the specialty fuel additives witness significant demand in the aviation industry. Specialty fuel additives witness significant demand in the deposit control additives, and cleanliness additives to clean and remove the deposits from the engine. Moreover, surge in demand for correcting problems related to fuel efficiency and enhancing performance is expected to impact growth of the global market positively. Moreover, growing need to prevent rust formation is expected to boost demand for corrosion inhibitors. Besides protection from rust formation, surge in need for preventing gum formation is expected to fuel demand for oxidation inhibitors. Attributed to metal deactivators, increasing use of specialty fuel additives is expected to inhibit gum formations.
Surge in demand for efficient fuel functioning, and protection from rust and gum formation in the automotive and aviation industry is expected to contribute towards growth of the global specialty fuel additives market. On the other hand, several factors are expected to inhibit growth of the global market during the forecast period. As environment protection agency (EPA) does not approve of the specialty fuel additives as an environment-friendly products, manufacturers prefer opting for alternative products that do not harm the environment. Further, increasing availability of cheaper products approved by the EPA is expected to inhibit growth of the global market significantly.
Diesel Specialty to Represent a Leading Segment
With increasing need for reducing the ignition delays during combustion, demand for the cetane improvers is expected to rev up. The cetane improvers segment is expected to represent a value of over US$ 600 Mn by the end of 2022. The deposit control additives segment is expected to represent the second highest revenue growth in the global market by the end of 2022. However, the anitoxidants segment is expected to register the highest CAGR in the global market through 2022.
The diesel specialty segment is expected to represent a value of over US$ 500 Mn in the global specialty fuel additives market by the end of 2022. The gasoline segment is expected to represent the second highest revenue growth in the global market by the end of 2022. Moreover, this segment is expected to register the highest CAGR in the global market through 2022.
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Table Of Content:
1. Global Specialty Fuel Additives Market - Executive Summary
2. Global Specialty Fuel Additives Market Overview
2.1.1. Global Specialty Fuel Additives Market Taxonomy
2.1.2. Global Specialty Fuel Additives Market Definition
2.2. Global Specialty Fuel Additives Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Specialty Fuel Additives Market Y-o-Y Growth
2.3. Global Specialty Fuel Additives Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. Supplier List
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Specialty Fuel Additives Market Analysis and Forecast By Additives Type
3.1. Global Specialty Fuel Additives Market Size and Forecast By Additives Type, 2012-2022
3.1.1. Deposit Control Additives Specialty Fuel Additives Market Size and Forecast, 2012-2022
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
3.1.2. Cetane Improvers Specialty Fuel Additives Market Size and Forecast, 2012-2022
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
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