Leading Players are The Lubrizol Corporation (U.S.), Innospec Inc. (U.S.), Afton Chemical Corporation (U.S.), Infineum International Ltd (U.K.), NAND IPL (India), Abhitech Energycon Ltd (India), BASF Corporation (Germany)
(PRWEB) September 29, 2013
The report “Fuel Additives Market by Diesel, Gasoline & Aviation Applications, Types (Deposit control, Antioxidant, Corrosion inhibitor, Lubricity and Cetane improvers) - Global Trends & Forecast to 2017” defines and segments the global fuel additives market with analysis and forecasting of the revenue and volume of the fuel additives globally. It also determines the drivers and restraints of the fuel additives market with analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented and revenues are forecasted on the basis of major geographical regions such as Asia-Pacific, North America, Europe & Eurasia, Latin America, and Middle East & Africa. At country level U.S., China, Japan, India, Germany, France, and U.K. markets are covered. Further, market is segmented and revenues are forecasted on the basis of applications and fuel additives types.
Browse more than 90 market data tables and 20 figures spread through 239 pages and in-depth TOC on “Fuel Additives Market - Global Trends & Forecast to 2017”
Fuel additives are basically external chemical agents mixed with diesel, gasoline, aviation fuel, and other fuels such as marine oil and fuel oil to increase the fuel performance. The commonly used additives are deposit control additives such as detergents, carrier fluids, antifoam, and dehazers, cetane improvers, antioxidants, dyes & markers, lubricity improvers, cold flow improvers, stability improvers, corrosion inhibitors, octane improvers, and anti-icing.
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 additive 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.
Browse related reports
Syngas Market & Derivatives (Methanol, Ammonia, Hydrogen, Oxo Chemicals, N-Butanol, DME) Market, by End Use Application, Feedstock, Technology, and Gasifier Type - Global Trends & Forecast to 2018
Renewable Chemicals Market - Alcohols (Ethanol, Methanol), Biopolymers (Starch, PLA, PHA, Polyethylene & Others), Platform Chemicals & Others - Global Trends & Forecasts to 2018
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets