(PRWEB) August 11, 2014
The European Fuel Additives Market report defines and segments the fuel additives market in Europe with analysis and forecast of revenue.
Browse through the TOC of the European Fuel Additives Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the European market, and is supported by various tables and figures.
The 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. Europe was the second-largest consumer of fuel additives in the world, accounting for nearly 27% of the market, in 2013. Total Additives and Special Fuels (France) are the key market players in the European region. The region is projected to have a market of $1,960.2 million, of the total estimated value of $8,100.0 million of the global market, by 2019, at a CAGR of 5.97% from 2014 to 2019.
The market in Europe is heavily regulated, with REACH (Registration, Evaluation, Authorization, and Restriction of Chemical Substances) closely monitoring and issuing guidelines to ensure a high level of protection for the environment and human health from the risks that can be posed by chemicals. With stricter implementation of environmental regulations in the EU and the growing demand for additives in the Eurasian market, the market is expected to perform moderately well in the coming years.
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Germany is one of the largest industrialized countries, globally. It has been a huge automotive manufacturing base and is home to one of the world’s largest trucking fleet after the U.S. The German market is a quality-driven market, and hence the aftermarket segment is huge. The demand for cleaner and efficient fuel is going to drive the fuel additives market further, in the region.
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The report covers the European fuel additives market, which is segmented on basis of application, type, and geography. The major applications include gasoline, diesel, and aviation, among others.
North America Fuel Additives Market
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. The North America Fuel Additives report estimates the size of the Fuel Additives market both in terms of volume and value. The report provides a comprehensive review of the key market drivers, challenges, and issues.
The North America Fuel Additives market was valued at $1,613.7 million in 2013, and is projected to reach $2,269.6 million by 2019, at a CAGR of 7.06 % from 2013-19. The market is mainly driven by the rising consumption for Aviation fuel and the desire for efficient and effective fuel will also boost the additives market.
The report, ‘North America Fuel Additives Market” defines and segments the Fuel Additives market in the region with analysis and projections of the size with respect to volume and value. The size of the North American Fuel Additives market is projected to grow to 443.8 KT by 2019, at a CAGR of 3.44% from 2013-19.
Middle East and Africa Fuel Additives Market
The report, "Middle East and Africa Fuel Additives Market" defines and segments the Fuel Additives market in the region with analysis and projections of the size with respect to volume and value. The size of the Middle East and Africa Fuel Additives market is projected to grow to 378 KT by 2019, at a CAGR of 2.78%, from 2013-19.
Middle East and Africa has the world’s most prolific oil and gas industry which is still growing strong due to the growing global consumption of fuels. Besides, rapid growth in the construction sector in the Middle-East has led to an influx of population in the region and this is likely to drive the fuel additives market. The economic getup of the region is different as compared to other regions in the sense that many of the countries are solely dependent on the sale of oil and gas related products. This is anticipated to augur well for the fuel additives business.
This Middle East and Africa Fuel Additives market report covers the fuel additives market in Middle East and Africa .The various applications studied in Middle East and Africa Fuel Additives market includes Gasoline, Diesel, Aviation and other applications. Further, as a part of qualitative analysis, the Middle East and Africa Fuel Additives market research report provides a comprehensive review of the important drivers, restraints, opportunities, and issues in the n-butanol market.
Latin America Fuel Additives Market
Fuel Additives-Latin America and its peer markets - Anti-Icing Fuel Additives,Cold Flow Improvers Fuel Additives,Cetane Improvers Fuel Additives,Stability Improvers Fuel Additives,Dyes & Markers Fuel Additives,Lubricity Improvers Fuel Additives,Octane Improvers Fuel Additives,Antioxidant Fuel Additives,Deposit Control Fuel Additives and 2 other markets - adds up to total Fuel Additives market.
Fuel Additives-Latin America can be segmented by Companies, Applications and Ingredients. Companies of Fuel Additives-Latin America are ADCO Global Inc., ACE Geosynthetics Enterprise Co., Ltd., AICELLO CHEMICAL CO. LTD, Abhitech Energycon Limited, Afton Chemical Corp., Total additives and special fuels,
The Lubrizol Corporation, NAVRAN ADVANCED NANOPRODUCT DEVELOPMENT INTERNATIONAL PVT. LTD (NAND IPL), M7 complete manufacturing SDN BHD, Innospec Inc, INFINEUM INTERNATIONAL LTD, International Fuel Technology, Inc., ENERGENICS EUROPE LTD, Deepak Nitrite Ltd, Cummins Filtration, Chevron Oronite Company, LLC, Chemtura Corporation, Cerion Energy Inc., BASF SE , Baker Petrolite Corporation, Alex Co. for Petroleum Additives (ACPA) and Fuel additive science technologies limited (FAST). Applications of Fuel Additives-Latin America are Diesel Fuel, Gasoline Fuel, Aviation Fuel (ATF) and Other Applications. Ingredients of Fuel Additives-Latin America are Acetone, Xylenes, Methanol, Ethanol, Isopropyl Alcohol (IPA), N-Butanol and Ingredients (Others).
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