Key Players in the Middle East and Africa Fuel Additives Market are The Lubrizol Corporation (U.S.), Innospec Inc. (U.S.), Afton Chemical Corporation (U.S.), Infineum International Ltd (U.K.), Fuel Performance Inc. (FPS) (U.S.), BASF Corporation (Germany)
(PRWEB) October 22, 2014
The Middle East and Africa Fuel Additives Market report defines and segments the fuel additives market with analysis and forecast of revenue.
Browse through the TOC of the Middle East and Africa Fuel Additives Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Middle East and African 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 economy. Also, the fuel additives help meet the environmental emission control standards and improve engine or vehicle performance.
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The Middle East and African region has a matured fuel additives market. Diesel fuel additives market is expected to grow rapidly, as the consumption of diesel fuel has increased. The demand of aviation fuel additives would increase with the expanding aviation industry. Also, the R&D departments of various firms are constantly researching in order to find newer ways to reduce the toxic substances.
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The report covers the Middle East and Africa fuel additives market which is segmented on the basis of application, and geography. In
the Middle East and African region, the fuel additives are applied in aviation fuel (ATF), diesel fuel, and gasoline fuel.
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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.
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 452.68 KT by 2019, at a CAGR of 3.44% from 2013-19.
Europe Fuel Additives Market
The Europe Fuel Additives market was valued at $1,403.93 million in 2013, and is projected to reach $1999.40 million by 2019, at a CAGR of 5.97%, for the given period. The European Fuel Additives 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, ‘Europe 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 European Fuel Additives market is projected to grow to 385.56 KT by 2019, at a CAGR of 2.78% from 2013-19. The Europe Fuel Additives market will have a share of $1,960.2 million of the total $8,100.0 million market by 2019.
The Europe Fuel Additives market report covers its key countries that are Germany, France, UK, Russia and Italy
The various applications in Europe Fuel Additives market include Gasoline, Diesel, Aviation and other applications. Further, as a part of qualitative analysis, The Europe Fuel additives market report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the n-butanol market.
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