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Fuel Additives (Deposit Control, Cetane Improvers, Lubricity Improvers, Cold Flow Improvers, Stability Improvers, Octane Improvers, Corrosion Inhibitors) Market - Global Forecast to 2023

Dublin, May 16, 2019 (GLOBE NEWSWIRE) -- The "Fuel Additives Market by Type (Deposit Control, Cetane Improvers, Lubricity Improvers, Cold Flow Improvers, Stability Improvers, Octane Improvers, Corrosion Inhibitors), Application (Diesel, Gasoline, Aviation Fuel) Global Forecast to 2023" report has been added to's offering.

The fuel additives market size was USD 7,141.7 million in 2017 and is projected to reach USD 8,712.5 million by 2023, at a CAGR of 3.10% between 2018 and 2023.

Fuel additives are used to enhance the properties of fuel, which results in better efficiency. Additives are generally mixed with different fuels such as gasoline, marine oil, heating oil, diesel, and aviation fuel, which help to improve the fuel performance by improving lubricity, inhibiting corrosion, and preventing deposits that can block fuel injection system. Fuel additives help fuels to meet various fuel emission standards across various regions. Fuel additives also improve engine life and result in improved vehicle performance. Various grades of fuel additives are manufactured for commercial, industrial, automotive, and aerospace sectors.

The growth of the fuel additives market is primarily triggered by the huge demand from end-use industries such as power generation, construction, manufacturing, and automotive in the APAC region. The liberalization of foreign trade and investments and change in industrial policies have triggered rapid industrialization in China over the past three decades. This is contributing to the increasing demand for fuel additives in the region.

The fuel additives market is dominated by the key market players such as the Lubrizol Corporation (US), Chevron Oronite Company LLC (US), Innospec (US), BASF SE (Germany), and Afton Chemical Corporation (US), among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Stringent Governmental Regulations Growing Automotive Industry Degrading Quality of Crude Oil
5.2.2 Restraints Rise in Demand for Alternate Fuels Huge Investment in R&D
5.2.3 Opportunities Increase in Demand for Ultra-Low Sulfur Diesel (Ulsd)
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Industry Outlook
5.4.1 Automotive Industry

6 Fuel Additives Market, By Type
6.1 Introduction
6.2 Deposit Control
6.2.1 Deposit Control Additive to Dominate Overall Fuel Additives Market
6.3 Cetane Improvers
6.3.1 Increasing Demand From Diesel Application Drives the Cetane Improvers Market
6.4 Lubricity Improvers
6.4.1 Necessity to Reduce Sulfur Content in Fuels is Expected to Drive the Market
6.5 Cold Flow Improvers
6.5.1 Increased Demand From Manufacturing Industry Driving the Market for Cold Flow Improvers
6.6 Stability Improvers
6.6.1 High Demand From APAC is Driving the Stability Improver Additives Market
6.7 Octane Improvers
6.7.1 Rising Emission Control Regulations is Driving the Octane Improvers Market
6.8 Corrosion Inhibitors
6.8.1 Strong Awareness Regarding the Advantages of Corrosion Inhibitors Driving the Market
6.9 Anti-Icing Additives
6.9.1 Growing Aviation Industry is Driving the Anti-Icing Additives Market
6.1 Dyes & Markers
6.10.1 Demand for Pure And Quality Fuel to Drive the Dyes & Markers Market
6.11 Others

7 Fuel Additives Market, By Application
7.1 Introduction
7.2 Diesel
7.2.1 High Consumption in APAC And Europe to Drive the Market
7.3 Gasoline
7.3.1 Demand From North America is Expected to Drive the Market in Gasoline Application
7.4 Aviation Fuel
7.4.1 High Consumption of Aviation Fuel in Developed Nations is Driving the Market
7.5 Others

8 Fuel Additives Market, By Region

9 Competitive Landscape
9.1 Introduction
9.2 Competitive Leadership Mapping, Tier 1 Companies
9.3 Strength of Product Portfolio
9.4 Business Strategy Excellence
9.5 Competitive Leadership Mapping (Small And Medium-Sized Enterprises)
9.6 Strength of Product Portfolio
9.7 Business Strategy Excellence
9.8 Market Share Analysis
9.8.1 Afton Chemical Corporation
9.8.2 Innospec Inc.
9.8.3 The Lubrizol Corporation
9.9 Competitive Scenario
9.9.1 New Product Launch
9.9.2 Acquisition
9.9.3 Expansion

10 Company Profiles
10.1 Innospec Inc.
10.2 Chevron Oronite Company Llc
10.3 The Lubrizol Corporation
10.4 Afton Chemical Corporation
10.5 Evonik Industries AG
10.6 BASF SE
10.7 Lanxess
10.8 Dorf Ketal Chemicals
10.9 Infineum International Limited
10.10 Cummins Inc.
10.11 Cerion Llc
10.12 Other Key Market Players
10.12.1 Total Sa
10.12.2 Baker Hughes, A Ge Company Llc.
10.12.3 Clariant AG
10.12.4 Croda International Plc
10.12.5 Eni Spa
10.12.6 Qatar Fuel Additives Company (Qafac)
10.12.7 Solvay
10.12.8 Huntsman Corporation
10.12.9 The Dow Chemical Company
10.12.10 Eastman Chemical Corporation
10.12.11 The Armor All/Stp Products Company, A Spectrum Brands Company
10.12.12 Iftex Oil & Chemicals Ltd
10.12.13 Eastern Petroleum
10.12.14 Lucas Oil Products, Inc.
10.12.15 The Chemours Company

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Related Topics: Gasoline and Diesel , Fuel Additives 

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