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Published January 9, 2018
Fuel additives are special solutions, an integral part of automotive, industrial and aerospace applications that are used with conventional petroleum to enhance their properties. The market is valued at USD 7.22 billion in 2017 and is projected to USD 11.3 billion by 2024 at a CAGR of 7.82%.
Fuel Additives market share:
Gasoline is majorly consumed across the world and automobile is a major segment for fuel additives in the aviation sector. The major market share is for the rapid growth of automobile industry.
Fuel Additives market size:
North America is the one dominating the fuel additives market and during forecast, Asia-Pacific is going to take the lead due to growing demand for automobiles, rise in passenger traffic that is mainly grown in the tourism industry.
Fuel Additives market growth:
The market is mainly having a great demand for ultra-low sulfur diesel across the globe. And the major drivers of the market increase in a number of vehicles which lead to the great demand for clean and efficient fuel, enactment of stringent environmental regulations, the rise in the tourism industry are the factors responsible for the growth of the market.
Fuel Additives market industry analysis:
The fuel additives market is segmented by type and application. On the basis of type, it is categorized into Antifoams, Anti-oxidants, biocides, Anti-knock, cetane improvers, Corrosion inhibitors, lubricity additive, de-emulsifiers and cold flow improvers. On the basis of the application, the market is categorized into Gasoline, diesel, aviation, automobile and jet fuel.
Fuel Additives market outlook:
Many industries and firms in the fuel additives market are continuously trying for technological inclination and are entering the markets with various efficient, advantageous and strategic agreements. It’s predominant in North America.
Fuel Additives market Trends:
ExxonMobil Corp. is having partnerships with leading universities to develop new technologies and improve the efficiency. Performance materials segment is managed by Evonik. It mainly focuses on developing and manufacturing polymer materials and intermediates especially in industries such as agriculture and plastics. Evonik produces chemical based products and acid based products used in food and beverages.
The fuel Additives market Research report includes:
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.4 SWOT Analysis
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
Chapter 5 Market Segmentation Analysis
Chapter 6 Market Segmentation by Product Type
6.8 Fuel dyes
6.10 Lubricity inhibitors
6.11 Centane improvers
6.12 Corrosion inhibitors
6.14 Cold flow improvers
Chapter 7 Market Segmentation by Application
7.5 Jet fuel
Chapter 8 Market Segmentation by Geography
8.1 North America
8.3.5 Australia and New Zealand
8.3.6 South Korea
8.4 South America
8.5 Middle-East and Africa
8.5.2 South Africa
Chapter 9 Competitive Landscape
9.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
9.2 Market Share Analysis
9.3 Strategies Adopted By Top Companies
Chapter 10 Company Profiles
10.1 BASF Corp
10.1.1. Company Overview
10.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Strategic Initiative
10.2 Royal Dutch Shell
10.3 ExxonMobil Corp.
10.4 AkzoNobel N.V.
10.5 Chevron Corp.
10.6 Evonik Industries
10.7 Afton Chemical Corp.
10.8 Chemtura Corp.
10.9 The Lubrizol Corp.
10.10 Albemarle Inc.
10.11 Cerion Energy
10.12 DuPont Engineering Polymers
10.13 Cummins Inc.
10.14 Total Petrochemicals & Refining USA, Inc.
10.15 Innospec Inc.
10.16 LyondellBasell Industries
10.17 Nalco Holding Co.
10.18 Qatar Fuel Additives Co. (QAFAC)
10.19 Petronas Chemicals Group Berhad
Chapter 11 Market Estimates and Forecast
11.1 Market Estimates and Forecast 2018-2024(USD Million)
11.1.1 Market Estimates and Forecast by Product Type 2018-2024 (USD Million)
11.1.2 Market Estimates and Forecast by Application2018-2024 (USD Million)
11.1.3 Market Estimates and Forecast by Geography 2018-2024 (USD Million)
Chapter 12 Market Insights
12.1 Insights of Industry Experts
12.2 Analyst Opinion (Market Understanding)
12.3 Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures