The Europe Fuel Additives Market is estimated to grow to $1,401.4 million by 2018 - New Report by MicroMarket Monitor

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The European Fuel Additives Market is estimated to grow to $1,401.4 million by 2018 at a CAGR of 2.4% from 2013 to 2018, as environmental regulations are now taken seriously to reduce toxins

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Europe Fuel Additives Market are Infineum International Ltd (U.K.) and BASF (Germany).

The Europe 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 fuel additives market, and is supported by various tables and figures.

Fuel additives are chemicals that are used to enhance the properties of fuel. They are mixed with fuel such as gasoline, diesel, aviation fuel, fuel oil, in order to improve fuel efficiency and reduce long-term costs. Also, the fuel additives help meet the environmental emission control standards and improve engine or vehicle performance. Europe was recorded to be the second largest consumer of fuel additives and is regulated with REACH (Registration, Evaluation, Authorization, and Restriction of Chemical Substances), who monitors and issues guidelines to ensure environmental protection and facilitates reduction of toxic chemicals that pose threat to humans.

Owing to the harmful effects of sulphur compounds on human health and their negative impact on some catalytic convertors (vehicle emission control device), the European Union has implemented stricter regulations in order to reduce the toxic pollution from diesel cars.

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The report covers the Europe fuel additives market which is segmented on the basis of application, and geography. In the European region, the fuel additives are applied in aviation fuel (ATF), diesel fuel, and gasoline fuel.

Early buyers will receive 10% customization on this report.

Related Reports :

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 $1,645.97 million in 2013, and is projected to reach $2,314.99 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.

Middle East and Africa Fuel Additives Market

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.

About MicroMarket Monitor :

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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