Report on fuel additives released by marketpublishers.com
A full report on new markets and trends pertaining to the global fuel additives market is now available from marketpublishers.com.
According to the report, the global fuel additives market is expected to grow from US$4.5 billion in 2011 to US$6.5 billion by the end of 2017.
The deposit control additives segment grabs the lion’s share of the market, with cetane improvers, lubricity improvers, cold flow improvers and antioxidants trailing behind.
Currently the largest regional fuel additives market, North America, is forecast to go down to second place, after the Asia-Pacific region.
Between 2012 and 2017, the Asia-Pacific region is predicted to record the highest compounded annual growth rate (CAGR), due to surging fuel demand from India and China. (December 1, 2012)