Press release
Specialty fuel additives market size over $10.4 billion by 2023: Global Market Insights, Inc.
Specialty fuel additives market size was estimated at 1.55 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Rising biofuel industry penetration and a strong focus on improving fuel performance, especially in regards to efficiency and emissions will drive the global specialty fuel additives market.Growing environment consciousness, mainly in EU, U.S., and China, coupled with favorable government policies to adopt sustainable resources are key trending factors to boost demand.
Request for a sample of this research report @ http://bit.ly/2cW25eN
Deposit control additives dominated product segment with total consumption of over 605 kilo tons in 2015. Technology advancement in injector systems and engines played a key role to stimulate market growth. These additives are used in all oil types and help to inhibit deposit formation on injector nozzles.
Diesel application is projected to witness significant growth of 6.7% CAGR up to 2023. ULSD adoption in major countries including U.S. and China accompanied by growing biodiesel demand may boost the market growth. Reduced biodiesel engine functionality in low temperatures conditions requires cold flow, which is another influencing demand drivers.
Buy this research report @ http://bit.ly/2cse7ND
Growing autogas consumption owing to its environmental benefits over conventional alternatives may restrain the specialty fuel additives market growth. Governments in U.S., Algeria, Australia, India and China are promoting autogas usage and offering several benefits on certain consumption.
Cost benefits over gasoline or diesel is another stimulating factor for CNG vehicles expansion, wherein Asia Pacific is the leading market.
To access sample pages or view this report titled "Specialty Fuel Additives Market Size By Product (Deposit Control Additives, Cetane Improvers, Antioxidants, Corrosion Inhibitors, Lubricity Improvers, Cold flow Improvers), By Application (Gasoline, Diesel, ATF), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023", in detail along with the table of contents, please on click the link below:
http://bit.ly/1rUppgO
Key insights from the report include:
Global specialty fuel additives market size analysis targets 2.48 million ton consumption by 2023, growing at 6.1% CAGR.
Constant focus to improve fuel efficiency and engine performance has positively driven the CI (Cetane improvers) demand. This additive is mixed with oil to increase cetane number in order to boost performance. CI product demand is set to grow at 5.8% CAGR by 2023.
Gasoline dominated the application segment and is set to be valued at USD 4.79 billion in 2023. U.S., the largest gasoline consumer, established Top Tier Detergent Gasoline (TTDG) standard under EPA guidelines which may positively influence gasoline based specialty fuel additive market demand.
North America, led by U.S. accounted for over 26% of the global volume in 2015.
Stringent environment regulations by Saudi Arabia coupled with introduction of Euro IV standard busses in Dubai are considered to be the major factor to foster Middle East & Africa specialty fuel additives demand. The region is set to increase with an estimated gain at 6.3% CAGR by 2023.
APAC, primarily dominated by India and China specialty fuel additives market, is predicted to reach over 750 kilo tons by 2023, growing at 7.1% CAGR.
Global specialty fuel additives market share is fairly consolidated, NewMarket, Innospec, BASF, Infineum were the top four companies. Other market participants include Afton, Albemarle, Baker Hughes, Chemutra, Chevron Oronite, Clariant International, Angus, EURENCO, Evonik, and The Lubrizol.
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.
Jack Davis
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 size over $10.4 billion by 2023: Global Market Insights, Inc. here
News-ID: 369210 • Views: …
More Releases from Global Market Insights, Inc.

Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…

Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Specialty
Specialty Electricals Market Report 2024 - Specialty Electricals Market Growth, …
"The Business Research Company recently released a comprehensive report on the Global Specialty Electricals Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Global Specialty Zeolites Market, Global Specialty Zeolites Industry, Covid-19 I …
The Specialty Zeolites market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Specialty Zeolites Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Specialty Zeolites market. The report focuses on well-known providers in the global…
Global Specialty Wire Sales Market 2018:2025 - MWS Wire, Torpedo Specialty Wire, …
The Specialty Wire Sales market research report is a comprehensive emphasizing study of the industry
The Global Specialty Wire Sales market 2018-2025 report offers a extensive and precise estimates and forecasts study of Specialty Wire Sales industry along with the analysis of essential features providing key industry insights to the readers. The Specialty Wire Sales market research report further delivers an methodical outlook of the industry by studying key components impacting…
Global Specialty Wire Market Size and Growth Analysis (2019 - 2025) by Top Key P …
Global specialty wire market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s various strategies to sustain in the global market. The specialty wire report covers the five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the specialty wire report…
Specialty Wire Market 2018-2025 Key Players: MWS Wire, Torpedo Specialty Wire, S …
Specialty Wire Market
Summary:Reports Monitor has added new report titled, ‘Global Specialty Wire Market Review 2017-2018 Forecast to 2025 - Analysis by Chemical Type, Technology, Application, End-User, Industry Vertical, and Region’ into its vast depository of research reports. In the first section of the report, the market definition, market overview, product description, product scope, product characterization, and product specification has been discussed. The information presented in this report provides an overview of the…
Specialty Wire 2017 Global Market Key Players – MWS Wire, Torpedo Specialty Wi …
Specialty Wire SWOT Analysis And Forecast 2022
This report studies Specialty Wire in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
MWS Wire
Torpedo Specialty Wire
Specialty Wire and Cable (SWC)
LANOCO Specialty…