Biofuel Additives Market 2022 Trend Analysis, Growth Status, Revenue Expectation to 2027- Lubrizol, Fuel Quality Services, Chemiphase Ltd.
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Top Key Vendors of this Biofuel Additives Market are:
Lubrizol, Fuel Quality Services, Chemiphase Ltd., Clariant, Afton Chemical, E-ZOIL, Eastman, Chevron, Biofuel Systems
• July 2021: SI Group will make an investment of over USD 50 million, distributed across three production units in North America to set up an antioxidant facility. The main aim is to foster this biofuel additive’s supply and distribution rate in the region.
• September 2021: Novozymes has introduced its biodegradable detergent additive called Pristine, which is a phosphodiesterase enzyme that disintegrates dirt, grime, and odor. The biofuel additive also helps prevent these elements from latching to the fabrics. Pristine deals with major consumer issues emerging in the laundry category, addressing malodor as well as discoloration right at the source.
Major Types covered are:
• Corrosion Inhibitors
• Cold Flow Improvers
• Detergents & Dispersants
• Octane & Cetane Improvers
• Dyes & Markers
Major Applications covered are:
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The Asia Pacific Dominates the Market:
Asia-Pacific accounted for more than 35% of the Biofuel Additives Market Share in 2020. The players majorly operating in the Asia-Pacific region are embracing numerous business strategies including R&D, expansions, new product launches, joint ventures, acquisitions, and agreements to fortify their presence in the market. For instance, in December 2018, BASF announced the investment at the new mobile emissions catalysts production facility in Shanghai, China, which is expected to increase the market demand within the Chinese market.
Regional Analysis of Biofuel Additives Market (Regional Output, Demand & Forecast by Countries):
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.
The inquire about Biofuel Additives Market report considers the past display and future execution of the worldwide market. The report advances investigations that show competitive situations, predominant commerce models, and the likely headways in offerings by critical players within the coming years.
Some Important Points in the Table of Content:
• Detailed overview of Biofuel Additives parent market
• Changing market dynamics in the industry
• In-depth Biofuel Additives Market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on Biofuel Additives Market performance
The Biofuel Additives Market report has taken into account the impact analysis of the pandemic and has elaborated on the trends that will be crucial to the upcoming competitive landscape. The research reports of the Biofuel Additives Market provide industry players with crucial support for customer base expansion within specific market spaces.
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