Specialty Fuel Additives Market Analysis 2014-2025: Focus on Deposit Control Additives, Cetane Improvers, Antioxidants, Lubricity Improvers, Cold Flow Improvers, Corrosion Inhibitors – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Speciality
Fuel Additives Market Analysis By Product (Deposit Control Additives,
Cetane Improvers, Antioxidants, Lubricity Improvers, Cold Flow
Improvers, Corrosion Inhibitors), By Application, And Segment Forecasts,
2014 – 2024” report has been added to Research and
Markets’ offering.

The global speciality fuel additives market is projected to reach a
value of USD 11.31 billion by 2024. Implementation of strict
environmental regulations and demand for fuel efficiency is projected to
boost the market growth.

Increasing focus on emission control and energy efficient fuel in the
automotive and manufacturing sector is expected to boost market growth
from 2016 to 2024. The steady development of the auto industry,
especially in the Asia Pacific region, coupled with increasing consumer
awareness regarding the fuel additives is expected to trigger the market
growth over the forecast period.

Rapid industrialization in Asia Pacific is projected to increase the
demand for specialty fuel additives in the manufacturing and processing
industries. Implementation of stringent emission control regulations and
high demand for fuel efficient vehicles is anticipated to drive the
specialty fuel additives market over the coming years.

Further key findings from the report suggest:

• The global specialty fuel additives demand was 1,542.7 kilo tons in
  2015 and is expected to grow at an estimated CAGR of 6.3% over the
  forecast period
• Deposit control additives dominated the market with a market share of
  40% in 2015. Increasing demand for fuel economy vehicles is expected
  to drive the deposit control additives segment over the forecast
  period.
• Gasoline segment dominated the global market capturing more than 46%
  of total overall demand in 2015
• Preference for gasoline powered vehicles in North Americas, the
  significant price difference between gasoline and diesel powered car
  in the major markets such as India are responsible for the higher
  penetration.
• Diesel is projected to exceed petrol market to arise as a leading
  application for the product by 2024, on account of the rising demand
  for ultra-low-sulfur diesel
• In 2015, Asia Pacific dominated the fuel additives market & recorded a
  market share of above 28%, in terms of volume. Implementation of
  stringent environment control regulations in China, India and Japan,
  rapid industrialization, and increasing use of automobiles is
  projected to boost market growth.

Key Topics Covered:

1 Methodology & Scope

2 Executive Summary

3 Speciality Fuel Additives Industry Outlook

4 Speciality Fuel Additives Product Outlook

5 Speciality Fuel Additives Application Outlook

6 Speciality Fuel Additives Regional Outlook

7 Competitive Landscape

• NewMarket Corporation
• Innospec Inc.
• Financial Pertechnologyance
• BASF SE
• Infineum International Limited
• Albemarle Corp
• Baker Hughes Inc.
• Chemtura Corporation
• Dow Chemical Company
• Chevron Oronite Company
• Lubrizol Corporation
• TOTAL SA
• Dorf Ketal Chemicals LLC
• Clariant Corporation
• Eurenco
• NALCO Champion
• Evonik Industries

For more information about this report visit https://www.researchandmarkets.com/research/cbwjwt/specialty_fuel

Contacts

Research and Markets
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S.
Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related
Topics: Gasoline
and Diesel , Fuel
Additives