Specialty Fuel Additives Market Growth, Opportunities, Competitive Landscape, Future Plans, and Forecasts Study Till 2023, BASF, Evonik, Clariant, Albemarle Corporation

Specialty Fuel Additives Market is anticipated to cross USD 10.4 billion till 2023, with a CAGR of 6.8% over the forecasts years as per the study done by Global Market Insights. These additives are chemical formulations which enhance the preferred properties of the fuel. Emphasis on bio fuel will work as a driving force for the growth of this market.

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Specialty Fuel Additives Market Size Along with Cetane and Deposit control, cold flow improvers will take a giant leap in specialty fuel additives market share. It is expected to have 8% growth in volume and more than 7.5% of overall consumption of volume till 2023. Gasoline additives are expected to touch 1,100 kilo tones till 2023. Diesel is heavier than gasoline, and releases poisonous gases in the environment, thus everyone’s attention is moving towards fuel additives market. Countries like India, China, Indonesia, Pakistan and Thailand have greatest consumption of diesel and owing to its toxic emission specialty fuel additives market are gaining high demand and are growing at a CAGR of 6.7% till 2023.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Afton Chemica
2. Albemarle Corporation
3. Baker Hughes, a GE company
4. BASF
5. Chemtura Corporation
6. Chevron Oronite Brasil Ltda
7. Clariant
8. Dorf Ketal
9. Angus Chemical Company
10. EURENCO
11. Evonik
12. GE Water & Process Technologies
13. Infineum
14. The Lubrizol Corporation
15. Nalco Champion, An Ecolab Company

The specialty fuel additives market is focussed with top four players contributing to less than 50% of the industry demand for 2015. NewMarket Corporation with its totally owned subsidiary Afton Chemical Corporation led the industry with more than 16% of the total industry share.

United States Specialty Fuel Additives Market size was led by gasoline and is predicted to surpass $2500 million by the end of forecast period. Further, a ban on methyl tert-butyl ether in US has boosted the demand for specialty fuel additives and is predicted to drive the growth of the region during the forecast period.

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Asia Pacific specialty fuel additives market is predicted to be the rapidly growing region registering a CAGR of 7% during the forecast period. Increasing use of diesel as a fuel in countries like India and China is predicted to drive the growth of the region during the forecast period. European industry size was evaluated at $ 1580 million for 2015 and is predicted to register CAGR of 5.9% during forecast period. Strict rules and rising demand for biofuel are the factors predicted to drive the growth of the industry in Europe.

Glimpse of Table of Content (ToC)

Chapter 4 Specialty Fuel Additives Product Insights

4.1 Specialty fuel additives market volume share by product, 2015 & 2023

4.2 Deposit control additives

4.2.1 Specialty fuel additives market estimates & forecast, 2012-2023

4.2.2 Specialty fuel additives market estimates & forecast by region, 2012-2023

4.3 Cetane improvers

4.3.1 Market estimates & forecast, 2012-2023

4.3.2 Market estimates & forecast by region, 2012-2023

4.4 Antioxidants

4.4.1 Market estimates & forecast, 2012-2023

4.4.2 Market estimates & forecast by region, 2012-2023

4.5 Lubricity improvers

4.5.1 Market estimates & forecast, 2012-2023

4.5.2 Market estimates & forecast by region, 2012-2023

4.6 Cold flow improvers

4.6.1 Market estimates & forecast, 2012-2023

4.6.2 Market estimates & forecast by region, 2012-2023

4.7 Corrosion inhibitors

4.7.1 Market estimates & forecast, 2012-2023

4.7.2 Market estimates & forecast by region, 2012-2023

4.8 Other

4.8.1 Market estimates & forecast, 2012-2023

4.8.2 Market estimates & forecast by region, 2012-2023

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/specialty-fuel-additives-market-report

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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