Dallas, TX (PRWEB) November 17, 2012
The global market revenue from fuel additives business is estimated at $4.5 billion with volume demand 1,119 thousand tons in 2011. Deposit control additives capture the maximum market share followed by cetane improvers, lubricity improvers, cold flow improvers, and antioxidants. North America is the largest market at present. In next five years, the North America fuel additive market will slip to second position left behind by Asia-Pacific market. From 2012 to 2017, Asia-Pacific will grow at highest growth rate mainly driven by increasing fuel demand from developing economies such as India and China.
Majority of fuel additives are consumed for diesel fuel. Diesel fuel additives market has been driven by the increasing ULSD demand which requires even more dosing. Although gasoline demand has been more or less stagnant and the requirement of fuel additives is less, yet the fuel additives market is driven by the use of unleaded gasoline which requires relatively higher dosing.
Fuel additives market is witnessing an increase in demand due to the increasing consumption of Ultra Low Sulphur Diesel (ULSD), which requires more dosing of additives. Though the gasoline consumption has experienced a dip worldwide but the unleaded gasoline used nowadays requires more dosing of additives, than the regular gasoline. Better and improved aviation fuel also requires heavy dosing of additives.
This report on fuel additives market segments the market by ten mostly used additives types such as deposit control additives, cetane improvers, antioxidants, dyes & markers, lubricity improvers, cold flow improvers, stability improvers, corrosion inhibitors, octane improvers, and anti-icing. The increasing utilization of fuel in different sectors necessitates the innovation and development of enhanced fuel additives to derive maximum performance out of the fuel and machines.
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The Chapter of Company Profiles in this report cover:
8 Company Profiles
8.1 Abhitech Energycon Limited
8.1.2 Products & Services
8.2 Afton Chemical Corporation
8.2.2 Products & Services
8.3 Acpa – Alex Co.
8.3.2 Products & Services
8.4 Baker Petrolite Corporation
8.4.2 Products & Services
8.5 Basf Corporation
8.5.2 Products & Services
8.6 Cerion Energy Inc.
8.6.2 Products & Services
8.7 Chemtura Corporation
8.7.2 Products & Services
8.8 Chevron Oronite Company Llc
8.8.2 Products & Services
8.9 Cummins Filtration Inc.
8.9.2 Products & Services
8.10 Deepak Nitrite Ltd
8.10.2 Products & Services
8.11 Energenics Europe Ltd
8.11.2 Products & Services
8.12 Fuel Additive Science Technologies Limited (Fast)
8.12.2 Products & Services
8.13 International Fuel Technology Inc. (Ift)
8.13.2 Products & Services
8.14 Infineum International Ltd
8.14.2 Products & Services
8.15 Innospec Inc.
8.15.2 Products & Services
8.16 M7 Complete Manufacturing Sdn Bhd
8.16.2 Products & Services
8.17 Navran Advanced Nanoproduct Development International Pvt. Ltd (Nand Ipl)
8.17.2 Products & Services
8.18 The Lubrizol Corporation
8.18.2 Products & Services
8.19 Total Additives And Special Fuels
8.19.2 Products & Services
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