openPR Logo
Press release

Specialty Fuel Additives Market by Region- North America, Latin America, Europe, Japan, APEJ, MEA; Additives Type - Deposit Control Additives , Cetane Improvers, Antioxidants, Lubricity Improvers, Cold Flow Improvers, Petroleum Dyes & Markers, Corrosion I

03-08-2019 08:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Specialty Fuel Additives

Specialty Fuel Additives

Growing demand for fuel efficiency continues to remain a key reason contributing towards growth of the global specialty fuel additives marketpositively. However, imposition of government regulations is predicted to inhibit demand for the specialty fuel additives significantly. A recently compiled report by Fact.MR reveals that the global market of energy drinks is predicted to register a CAGR of 4.9% throughout 2022.

Factors Fuelling Growth of the Global Market

Growth of the global specialty fuel additive is expected to be bound by several macro and micro economic factors. Surge in demand for fuel efficiency is projected to influence growth of the global specialty fuel additive market positively. Demand for the specialty fuel additives is projected to remain concentrated in the automotive and aviation industry. Specialty fuel additive such as catene improvers continue to witness steady demand attributed to increasing rust and gum formation in the automotive industry.

Request Sample Report @ 

Over time, engine in the automotive products accumulate deposits in the intake ports and valves. Increasing accumulation of harmful deposits continue to hinder the operating efficiency of the automotive products. Accumulated deposits could restrict the airflow in the exhaust system, and the combustion chamber. Specialty fuel additives is likely to witness considerable demand for removing and cleaning of the harmful deposits accumulated in the engine of the automotive products. Further, demand for the specialty fuel additives such as catene improvers continues to be concentrated in the automotive and aviation industry in order to protect the equipment from rust and gum formations. Catene improvers, corrosion inhibitors and oxidation inhibitors witness moderate demand in the aviation and automotive industry to ensure protection from gum and rust formations.

While the outlook on specialty fuel additive remain positive, growing concerns regarding products that contribute towards pollution has led to shift in consumer preferences. Imposition of government regulations regarding environment-friendly products is likely to inhibit demand for the specialty fuel additives in the global market. Moreover, the specialty fuel additives does not feature in the approved list of products by the environment protection agency (EPA). This is likely to inhibit demand for the specialty fuel additives in the automotive and aviation industry. Change in consumer perspective and lack of government support can dip in global sales of the specialty fuel additives.

Browse Full Report @ 

Catene Improvers to Represent a Leading Segment

Cetane improvers are likely to sell more than the deposit control additives globally. However, demand for antioxidants is likely to grow at a relatively high pace in the global market. Currently, the cetane improvers segment is projected to represent more than US$ 600 Mn by 2022-end.

By application, the diesel specialty segment is projected to represent more than US$ 500 Mn in the global market of fuel additives by 2022-end. Sales of specialty fuel additives is likely to remain high in the diesel specialty products is projected to remain high as compared to gasoline products during the forecast period. Further, the diesel specialty application type segment is projected to register a relatively high CAGR in the global specialty fuel additive market through 2022.

Speak To Research Analyst for Detailed Insights @ 

Market Players         

Major players in the global market of specialty fuel additive are Chevron Corp., BASF SE, Ashland Inc., Berkshire Hathaway, Inc., Evonik Industries AG, ExxonMobil Corporation, E. I. du Pont de Nemours and Co, The Dow Chemical Company, Baker Hughes, a GE Co., and Afton Chemical Limited.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States

Read Industrial News :

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Specialty Fuel Additives Market by Region- North America, Latin America, Europe, Japan, APEJ, MEA; Additives Type - Deposit Control Additives , Cetane Improvers, Antioxidants, Lubricity Improvers, Cold Flow Improvers, Petroleum Dyes & Markers, Corrosion I here

News-ID: 1641408 • Views: 159

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases

More Releases for Specialty

Global Specialty Resins Market
Global Specialty Resins Market – Industry Analysis and Forecast (2018-2026) – by Resin Type, End User, and Region. Global Specialty Resins Market was valued at US$ 7.45 Bn in 2017 and is expected to reach US$ 11.34 Bn by 2026, at a CAGR of 5.4 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Specialty Tape Market 2017 - 2026
Press Release - 16 July 2018 Research and Development News -- . . Latest Update "Specialty Tape Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026" with Industries Survey | Global Current Growth and Future. ' ' Global Specialty Tape Market: Overview Specialty tapes include a wide variety of tapes for specific use in industries. Hence, these tapes have enhanced capabilities compared to adhesive tapes. With increasing use in various
Specialty Surfactants Market
Latest Developments Growing personal care industry in emerging economies and increasing purchasing power of middle class are fuelling the growth of the specialty surfactants market. While stringent environmental regulations regarding the manufacturing of specialty surfactants are hindering the growth of this market. Market Insights Anionic surfactants is poised to account for the largest market share in 2016 and owing to the increased use of green surfactants amphoteric surfactants have registered the highest CAGR.
Specialty Endoscopic Surgery Devices Market
ReportsWorldwide has announced the addition of a new report title Specialty Endoscopic Surgery Devices Market to its growing collection of premium market research reports. The global market for specialty endoscopic surgery products totaled approximately $5.8bn in 2016, with the US comprising 48.2% of sales (or $2.8bn). Over the forecast period covered by this report, the global market for specialty endoscopic surgery products is forecast to grow at a 4.6% CAGR, reaching $7.8bn
Global Specialty Adhesives Market
The global specialty adhesives market was valued at USD XX million in 2016 and is projected to register an estimated CAGR of XX%, during 2017-2022 (the forecast period). The demand for specialty adhesives is driven by the growth in demand for specialty adhesives from automotive and medical sectors. Specialty adhesives used as bonds across various industries having their main uses in the automotive sector, hospitals, and construction activities. However, factors such
Global Specialty Wire Sales Market - MWS Wire, Torpedo Specialty Wire, Specialty …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Specialty Wire market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in need