The Fuel Additives Market Report 2018-2023 focuses on the global Fuel Additives status, future forecast, growth opportunity, key market, and key players.
The Fuel Additives Market report studies the global market size of Fuel Additives in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Fuel Additives in these regions. This research report categorizes the global Fuel Additives market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Fuel Additives include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- Afton Chemical Corporation
- BASF SE
- Cerion Energy
- Chevron U.S.A. Inc.
- Eni S.p.A.
- Evonik Industries
- Exxon Mobil Corporation
- Innospec Inc.
- Royal Dutch Shell Plc.
- The Lubrizol Corporation
- Qatar Fuel Additives Co. (QAFAC)
Overview of Fuel Additives Market Research Report 2018-2023:-
The global fuel additives market is expected to register a CAGR of healthy rate during the forecast period, 2018-2023. The market is driven by factors, such as enactment of stringent environmental regulations, rising global passenger traffic contributing to the growth of the aviation market, and increasing demand for clean and efficient fuel.
Fuel additives are an integral part of automotive, industrial, and aerospace applications. In this report, the following principal end-user industry segments taken into consideration are diesel, gasoline, jet fuel, and others.
Stringent Regulations to Drive the Demand for Fuel Additives
Fuel additives aid in minimizing emissions and enhancing the performance of the vehicle. Environmental concerns related to depletion of resources are creating considerable demand for fuel additives. Subsequently, public health concerns and environmental effects of the additives also come into consideration. As a result, the US Environmental Protection Agency (EPA) enacted Clean Air Act, focusing on the impacts of the fuel additives (both gasoline and diesel), which mandates the registration of fuel additives used in the automotive industry. Governments across the globe are also currently focusing on enhancing fuel economy as per the Corporate Average Fuel Economy (CAFE) standards. Such a shift in focus has further increased the importance of fuel additives.
Diesel Fuel Additives Witnessing Stable Growth
The global diesel fuel additives market is exhibiting stable growth on account of increasing applications, technological advancements, and the growing demand from the end-user industries. Diesel additives are the major application of fuel additives. Fuel additives are designed to meet the increasingly stringent environment norms, as several countries are implementing regulations to control emissions. These regulations, increasing demand for clean and efficient fuel, and depleting crude reserves are the main market drivers for the market. The diesel additives market is witnessing an increase in demand due to the increasing consumption of Ultra-Low-Sulfur Diesel (ULSD), which requires higher concentration of additives. However, growing development of hybrid engines, as well as plug-in electric vehicles in developed economies are acting as hurdles for the growth of the diesel fuel additives market.
North America to stand out as the Dominant Region
The demand for fuel additives in the North America region is growing at a healthy rate, owing to the increasing government regulations on emissions, along with increasing investments in the development of newer additives. Gasoline fuel additives have been one of the most dynamic segments of the industry in the past decade and will continue to offer opportunities, especially, for better performing products. Additionally, fuel ethanol is the most excessively used fuel additive in the United States. Growing demand for fuel additives, abundant availability of biomass feedstock used for production of biofuels and mandates issued by the US Environment Protection Agency (EPA) on biofuels consumption are anticipated to drive the demand for fuel additives in the United States.
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Reasons to Purchase this ReportCurrent and future of the global fuel additives market in the developed and emerging marketsAnalyzing various perspectives of the market with the help of Porterâs five forces analysisThe product type that is expected to dominate the marketCountries that are expected to witness fastest growth during the forecast periodIdentifying the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet (in Excel)
Key questions answered in the Fuel Additives Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fuel Additives market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Fuel Additives Market Research Report 2018-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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