Press release
Fuel Additives Market to Witness Huge Growth by Key Players: Afton Chemical Corporation, The Lubrizol Corporation, Innospec Inc, BASF SE, Evonik Industries AG, LANXESS AG, Chevron Oronite Company LLC, Dorf Ketal Chemicals, Infineum International Limited,
According to Market Study Report, Fuel Additives Market provides a comprehensive analysis of the Fuel Additives Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=204172
The fuel additives market size is estimated to be USD 6.0 billion in 2021 and is projected to reach USD 7.1 billion by 2026, at a CAGR of 3.4% between 2021 and 2026. This report spread across 303 Pages, Profiling 10 Companies and Supported with 361 Tables and 66 figures are now available in this research.
Top Key Players Profiled in the Fuel Additives Market:
• Afton Chemical Corporation (US)
• The Lubrizol Corporation (US)
• Innospec Inc. (US)
• BASF SE (Germany)
• Evonik Industries AG (Germany)
• LANXESS AG
• Chevron Oronite Company LLC (US)
• Dorf Ketal Chemicals (US)
• Infineum International Limited (UK)
• Cummins Inc.(US)
• Total SA (France)
• Baker Hughes (US)
• Clariant AG(Switzerland)
• Croda International PLC (UK)
• ENI SPA (Italy)
• Chempoint Solutions Company (US)
• Solvay S.A.(Belgium)
• Huntsman Corporation(US)
• The Dow Chemical Corporation (US)
• Eastman Chemical Corporation (US)
• Petroleum Logistics(US)
• Iftex Oil & Chemicals Ltd.(India)
• Eastern Petroleum(India)
• Lucas Oil Products Inc.(US)
• Lubricant Engineers (US).
Deposit control additives are majorly used to prevent low accumulation for engines to be more efficient and produce low emissions, hence, improving the performance of the engine. Currently, the use of deposit control additives in gasoline is a major contributor to rising additives consumption because of the demand for more efficient fuel for modern engines. Gasoline Direct Injection (GDI) systems have become the standard in new high-performance vehicles with internal combustion engines.
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The market for diesel fuel additives has been driven by the developing economies of APAC. North America and Europe are embarking on the use of ULSD, which has higher dosing of additives than normal diesel. The global diesel consumption is expected to increase during the forecast period, and the quantity of additives is likely to increase to meet stringent environmental norms.
APAC is one of the most crucial markets of fuel additives. This is basically led by the demand of fuel additives from various end use industries in China, Japan, India, South Korea and Australia. These countries have major companies related to automotive, power generation, construction, in this region. China dominates the fuel additives market in APAC. The growing automotive industry in the major economies is the main driver for the fuel additives market.
Breakdown of primary participants’ profile:
• By Company Type: Tier 1 - 30%, Tier 2 - 43%, and Tier 3 - 27%
• By Designation: C-Level - 21%, Director Level - 23%, and Others - 56%
• By Region: North America - 41%, Europe - 30%, APAC - 18%, Middle East & Africa - 7%, and South America - 4%
Competitive Landscape of Fuel Additives Market:
1 Introduction
2 Market Evaluation Framework
3 Strategies Adopted By Key Players
3.1 Overview Of Strategies Adopted By Fuel Additives Manufacturers
4 Market Share Analysis
4.1 Ranking Of Key Market Players
4.2 Market Share Of Key Players, 2020
4.2.1 Afton Chemical Corporation
4.2.2 The Lubrizol Corporation
4.2.3 Innospec Inc.
4.2.4 Basf Se
4.2.5 Evonik Industries Ag
4.3 Revenue Analysis Of Key Market Players, 2016–2020
5 Company Product Footprint Analysis
6 Company Evaluation Matrix (Tier 1)
6.1 Star
6.2 Emerging Leaders
6.3 Pervasive
7 Start–Up/Small And Medium–Sized Enterprises (Smes) Evaluation Matrix
7.1 Progressive Companies
7.2 Dynamic Companies
7.3 Starting Blocks
8 Competitive Situations And Trends
8.1 Product Launches
8.2 Deals
8.3 Other Developments
Table Of Contents:-
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Fuel Additives Market: Inclusions And Exclusions
1.2.2 Fuel Additives: Market Definition And Inclusions, By Type
1.2.3 Fuel Additives: Market Definition And Inclusions, By Application
1.3 Market Scope
Figure 1 Fuel Additives Market Segmentation
1.3.1 Regions Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
1.7 Summary Of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Fuel Additives Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Primary Interviews – Demand And Supply Sides
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom–Up Approach
Figure 3 Market Size Estimation Methodology: Approach 1 (Supply Side): Revenue Of Products
Figure 4 Market Size Estimation Methodology: Approach 1 Bottom–Up (Supply Side): Collective Revenue Of All Products
Figure 5 Market Size Estimation Methodology: Approach 2 – Bottom–Up (Demand Side): Applications Served And Their Average Selling Prices
2.2.2 Top–Down Approach
Figure 6 Market Size Estimation Methodology: Approach 3 – Top–Down
2.3 Data Triangulation
Figure 7 Fuel Additives Market: Data Triangulation
2.4 Growth Rate Assumptions /Growth Forecast
2.4.1 Supply Side
Figure 8 Market Cagr Projections From The Supply Side
2.4.2 Demand Side
Figure 9 Market Growth Projections From Demand–Side Drivers And Opportunities
2.5 Factor Analysis
2.6 Assumptions
2.7 Limitations
2.8 Risk Assessment
Table 1 Fuel Additives Market: Risk Assessment
3 Executive Summary
Figure 10 Deposit Control Additives Segment To Be The Largest Type Of Fuel Additive During The Forecast Period
Figure 11 Diesel To Be The Fastest–Growing Application Of Fuel Additives
Figure 12 North America Accounted For The Largest Share Of The Fuel Additives Market In 2020
4 Premium Insights
4.1 Significant Opportunities In The Fuel Additives Market
Figure 13 High Growth Expected In Emerging Economies During The Forecast Period
4.2 Fuel Additives Market Size, By Region
Figure 14 Apac To Be The Largest Fuel Additives Market During The Forecast Period
4.3 Apac Fuel Additives Market, By Application And Country
Figure 15 China Accounted For The Largest Share Of The Apac Fuel Additives Market In 2020
4.4 Fuel Additives Market Size, Type And Region
Figure 16 Deposit Control Additives To Dominate Fuel Additives Market Across Regions
4.5 Fuel Additives Market Attractiveness
Figure 17 India To Be Fastest–Growing Fuel Additives Market During The Forecast Period
5 Market Overview
.......CONTINUED
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Research Coverage:
This report segments the market for fuel additives on the basis of type, application, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for fuel additives.
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