Fuel Additives Market by Type, Application, and Geography - Forecast and Analysis 2021-2025
- Published: Aug 2021
- Pages: 120
- SKU: IRTNTR44643
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Fuel Additives Market - 2021-2025
The fuel additives market size is expected to reach a value of USD 1.64 billion, at a CAGR of 4.33%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as rising demand for ULSD are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.
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Fuel Additives Market Segments
Get actionable insights on the fuel additives market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentation by type (deposit control additives, cetane improvers, antioxidants, cold flow improvers, and others), application (diesel fuel additives, gasoline fuel additives, aviation fuel additives, and others), and geography (APAC, Europe, North America, MEA, and South America) in this fuel additives market report to pursue growth opportunities.
Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic fuel additives market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.
Fuel Additives Market Vendors and Competitive Analysis
The fuel additives market is fragmented and the vendors are deploying growth strategies such as investing in R&D to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.
The fuel additives market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.
Buy the full fuel additives market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.
Fuel Additives Market - Region Opportunities 2021-2025
44% of the fuel additives market growth will originate from APAC during the forecast period. China and India are the key markets for fuel additives market in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!
APAC has been exhibiting a significant growth rate for fuel additives market vendors. Factors such as increasing use of fuel additives for applications such as diesel, gasoline, and aviation are accelerating the fuel additives market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.
The fuel additives market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Fuel Additives Market Insights by Type
To gain further insights on the market contribution of various segments Request for a FREE Sample!
The fuel additives market share growth by the deposit control additives segment will be significant during the forecast period. The increased use of deposit control additives in various applications of fuel additives, including diesel, gasoline, aviation, and heating fuels will drive the growth of this segment during 2021-2025. This report provides an accurate prediction of the contribution of all the segments to the growth of the fuel additives market size.
From the fuel additives market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.
Fuel Additives Market Drivers & Trends
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding fuel additives market growth is rising need for renewable clean fuel. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
The rising demand for ULSD is a key driver boosting the fuel additives market growth. ULSD is refined diesel fuel with around 15 ppm sulfur content. The use of ULSD decreases harmful emissions from diesel combustion. Also, in conjunction with emission control devices in both on-road and off-road vehicles, the adoption of ULSD can reduce the emission of exhaust gases of particulate matter and ozone precursors to near-zero levels. For instance, the use of ULSD reduced harmful emissions from both on-road and off-road vehicles by more than 90%. ULSD requires a high use of fuel additives such as cetane improvers, octane improvers, antioxidants, and corrosion inhibitors. The improved cetane numbers of ULSD fuel type can reduce fuel consumption, noise and vast smoke exhaust, and emissions. In addition, the use of ULSD helps improve combustion efficiency and the quick start of the engine in cold weather conditions.
Technavio research analysts have done an in-depth analysis of the fuel additives market trends, drivers, and challenges in terms of their long-term and short-term effects. This data will help players map their growth prospects across key and emerging markets.
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Fuel Additives Market Report Outlook
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive fuel additives market growth during the next five years
- Precise estimation of the fuel additives market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the fuel additives market across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of fuel additives market vendors
Fuel Additives Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 4%
Market growth 2021-2025
$ 1.64 billion
YoY growth (%)
APAC, Europe, North America, MEA, and South America
Performing market contribution
APAC at 44%
Key consumer countries
US, China, India, Saudi Arabia, and Russian Federation
Leading companies, competitive strategies, consumer engagement scope
Clariant International Ltd., Croda International Plc, Dorf Ketal Chemicals (I) Pvt. Ltd., Eurenco, Evonik Industries AG, Exxon Mobil Corp., Functional Products Inc., Infineum International Ltd., Innospec Inc., and Qatar Fuel Additives Co. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Diesel fuel additives - Market size and forecast 2020-2025
- Gasoline fuel additives - Market size and forecast 2020-2025
- Aviation fuel additives - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Application
Market Segmentation by Type
- Market segments
- Comparison by Type
- Deposit control additives - Market size and forecast 2020-2025
- Cetane improvers - Market size and forecast 2020-2025
- Antioxidants - Market size and forecast 2020-2025
- Cold flow improvers - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Type
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Clariant International Ltd.
- Croda International Plc
- Dorf Ketal Chemicals (I) Pvt. Ltd.
- Evonik Industries AG
- Exxon Mobil Corp.
- Functional Products Inc.
- Infineum International Ltd.
- Innospec Inc.
- Qatar Fuel Additives Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Saudi Arabia
- Russian Federation
- Rising demand for ULSD
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