The global fuel additives market size was USD 6.25 billion in 2022 and is expected to register a rapid revenue CAGR of 3.1% during the forecast period. Rising demand for effective fuel additives and gasoline additives in countries, stringent government regulations, and increasing automotive production in emerging markets are major factors driving market revenue growth.
The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.
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Competitive Outlook: The leading companies operating in the Fuel Additives market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Fuel Additives Market and Profiled in the Report are:
Afton Chemical, BASF SE, Chevron Oronite Company LLC, Innospec, Evonik Industries AG, The Lubrizol Corporation, Infineum International Limited, TotalEmergies, Croda International Plc, Clariant AG, Baker Hughes Company, Cummins Inc, and Dorf Ketal Chemicals India Private Limited
Objectives of the Report:
Study of the global Fuel Additives market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Fuel Additives market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Fuel Additives market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Fuel Additives market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
- Deposit Control Additives
- Lubricity Improvers
- Cold flow Improvers
- Stability Improvers
- Corrosion Inhibitors
- Octane Improvers
- Anti-Icing Fuel Additives
- Cetane Improvers
- Others
Application Outlook (Revenue, USD Billion; 2019-2032)
- Diesel
- Petrol
- Aviation fuel
- Other fuel
Industrial Vertical Outlook (Revenue, USD Billion; 2019-2032)
- Chemical Petrochemical
- Oil Gas (OG)
- Energy Power
- Automotive
- Food Beverages (FB)
- Healthcare
- Others
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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