Fuel Additives Market by Regions,Trends, Growth,Application,Type and Forecasts 2022

Fuel Additives Market

According to Research for Markets, the Global Fuel Additives market is accounted for $5.98 billion in 2015 and is expected to reach $11.16 billion by 2022 growing at a CAGR of 9.3%. The factors such as rising awareness among users regarding the advantages of fuel additives, demand for high fuel efficiency and strict regulations adopted by different countries are fueling the market growth. In addition to this, the diffusion of Ultra-Low Sulphur Diesel (ULSD) is anticipated to drive the demand particularly in the emerging countries.

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Among the applications, diesel fuel additives segment is expected to dominate the market scenario attributing to the rising demand of vehicles w.r.t increase in number of diesel vehicles. Furthermore, increase in usage of diesel at manufacturing plants and industrials are some other factors driving the market. North American market is expected to dominate the regional segment owing to the stringent government regulations. However, Asia Pacific is expected to grow at fastest rate led by growth of automobiles industry in emerging countries.

Fuel Additives Market
Fuel Additives Market

Some of the Key players of the Fuel Additives market include Afton Chemical Corporation, BASF SE, Cerion LLC, Chemtura Corporation, Chevron Oronite Company LLC, Clariant, Cummins Inc., Dorf Ketal Chemicals India Pvt. Ltd., Evonik Industries AG, Fuel Performance Solutions Inc., Infineum International Ltd., Innospec Inc., National Aluminium Company and The Lubrizol Corporation.

Applications Covered:
• Aftermarket fuel additives
• Aviation Fuel Additives
• Blending, shipping, and storage fuel additives
• Diesel Fuel Additives
• Gasoline Fuel Additives
• Heavy fuel oil additives
• Other Applications

Additive Types Covered:
• Anti-Icing Fuel Additives
• Antioxidants
• Cetane Improvers
• Cold Flow Improvers
• Corrosion Inhibitors
• Deposit Control Additives
• Dyes and Markers
• Lubricity Improvers
• Octane Improvers
• Stability Improvers
• Other Types

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

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