Global Biofuel Additives Market Research Report 2023(Status and Outlook)

Global Biofuel Additives Market Research Report 2023(Status and Outlook)



Report Overview

The rapid increase in the global population raises the demand for food and energy for improved life. Therefore, the questions arising under the “Food vs. Fuel” debate are how much arable land is available, what should be the priority, and how should the land be used, among others. There is an increased debate on the increasing prices of food due to the crops utilized for the manufacturing of biofuels. For example, in 2012, Peter Brabeck-Letmathe, Chairman of Nestle, stated, “If no food was used for fuel, the prices would come down again-that is very clear.” In addition, Paul Conway, Chairman of Cargill, stated, ""The bigger picture globally is increased urbanization, which leads to more food being consumed...there has also been an explosion in biofuel use and the financializing of the agricultural markets."" The increasing number of such debates has decreased the adoption of biofuels to certain extent and the biofuel producers are conducting studies on the alternate sources of biofuels. Therefore, decreasing biofuel adoption has reduced the demand for biofuel additives across the globe.

The Food vs. Fuel debate has considerably decreased the growth of the biofuel additives market. However, with increasing advancement in second-generation biofuels, the impact of this driver is expected to decrease during the forecast period.

Biofuels are produced from the conventional feedstock or lignocellulose feedstock, which can be distinguished as first and second generation fuels. The consumption of biofuels has increased across the globe owing to its eco-friendly nature. However, there are several problems associated with their use such as high fuel foaming, injector deposits & corrosions, and low oxidation stability. Biofuel additives are specialty chemicals that are added to decrease such problems. Therefore, the market for biofuel additives is directly aligned with the production of biofuels.

The Global Biofuel Additives Market Size was estimated at USD 6469.60 million in 2022 and is projected to reach USD 11826.68 million by 2029, exhibiting a CAGR of 9.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Biofuel Additives market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Biofuel Additives Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Biofuel Additives market in any manner.

Global Biofuel Additives Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Lubrizol

Fuel Quality Services

Chemiphase Ltd.

Clariant

Afton Chemical

E-ZOIL

Eastman

Evonik

Chevron

Biofuel Systems

Market Segmentation (by Type)

Antioxidants

Corrosion Inhibitors

Cold Flow Improvers

Detergents & Dispersants

Octane & Cetane Improvers

Dyes & Markers

Others

Market Segmentation (by Application)

Steelmaking

Cement

Nonferrous Metals Industries

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Biofuel Additives Market

Overview of the regional outlook of the Biofuel Additives Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Biofuel Additives
1.2 Key Market Segments
1.2.1 Biofuel Additives Segment by Type
1.2.2 Biofuel Additives Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Biofuel Additives Market Overview
2.1 Global Market Overview
2.1.1 Global Biofuel Additives Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Biofuel Additives Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Biofuel Additives Market Competitive Landscape
3.1 Global Biofuel Additives Sales by Manufacturers (2018-2023)
3.2 Global Biofuel Additives Revenue Market Share by Manufacturers (2018-2023)
3.3 Biofuel Additives Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Biofuel Additives Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Biofuel Additives Sales Sites, Area Served, Product Type
3.6 Biofuel Additives Market Competitive Situation and Trends
3.6.1 Biofuel Additives Market Concentration Rate
3.6.2 Global 5 and 10 Largest Biofuel Additives Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Biofuel Additives Industry Chain Analysis
4.1 Biofuel Additives Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Biofuel Additives Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Biofuel Additives Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Biofuel Additives Sales Market Share by Type (2018-2023)
6.3 Global Biofuel Additives Market Size Market Share by Type (2018-2023)
6.4 Global Biofuel Additives Price by Type (2018-2023)
7 Biofuel Additives Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Biofuel Additives Market Sales by Application (2018-2023)
7.3 Global Biofuel Additives Market Size (M USD) by Application (2018-2023)
7.4 Global Biofuel Additives Sales Growth Rate by Application (2018-2023)
8 Biofuel Additives Market Segmentation by Region
8.1 Global Biofuel Additives Sales by Region
8.1.1 Global Biofuel Additives Sales by Region
8.1.2 Global Biofuel Additives Sales Market Share by Region
8.2 North America
8.2.1 North America Biofuel Additives Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Biofuel Additives Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Biofuel Additives Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Biofuel Additives Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Biofuel Additives Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Lubrizol
9.1.1 Lubrizol Biofuel Additives Basic Information
9.1.2 Lubrizol Biofuel Additives Product Overview
9.1.3 Lubrizol Biofuel Additives Product Market Performance
9.1.4 Lubrizol Business Overview
9.1.5 Lubrizol Biofuel Additives SWOT Analysis
9.1.6 Lubrizol Recent Developments
9.2 Fuel Quality Services
9.2.1 Fuel Quality Services Biofuel Additives Basic Information
9.2.2 Fuel Quality Services Biofuel Additives Product Overview
9.2.3 Fuel Quality Services Biofuel Additives Product Market Performance
9.2.4 Fuel Quality Services Business Overview
9.2.5 Fuel Quality Services Biofuel Additives SWOT Analysis
9.2.6 Fuel Quality Services Recent Developments
9.3 Chemiphase Ltd.
9.3.1 Chemiphase Ltd. Biofuel Additives Basic Information
9.3.2 Chemiphase Ltd. Biofuel Additives Product Overview
9.3.3 Chemiphase Ltd. Biofuel Additives Product Market Performance
9.3.4 Chemiphase Ltd. Business Overview
9.3.5 Chemiphase Ltd. Biofuel Additives SWOT Analysis
9.3.6 Chemiphase Ltd. Recent Developments
9.4 Clariant
9.4.1 Clariant Biofuel Additives Basic Information
9.4.2 Clariant Biofuel Additives Product Overview
9.4.3 Clariant Biofuel Additives Product Market Performance
9.4.4 Clariant Business Overview
9.4.5 Clariant Biofuel Additives SWOT Analysis
9.4.6 Clariant Recent Developments
9.5 Afton Chemical
9.5.1 Afton Chemical Biofuel Additives Basic Information
9.5.2 Afton Chemical Biofuel Additives Product Overview
9.5.3 Afton Chemical Biofuel Additives Product Market Performance
9.5.4 Afton Chemical Business Overview
9.5.5 Afton Chemical Biofuel Additives SWOT Analysis
9.5.6 Afton Chemical Recent Developments
9.6 E-ZOIL
9.6.1 E-ZOIL Biofuel Additives Basic Information
9.6.2 E-ZOIL Biofuel Additives Product Overview
9.6.3 E-ZOIL Biofuel Additives Product Market Performance
9.6.4 E-ZOIL Business Overview
9.6.5 E-ZOIL Recent Developments
9.7 Eastman
9.7.1 Eastman Biofuel Additives Basic Information
9.7.2 Eastman Biofuel Additives Product Overview
9.7.3 Eastman Biofuel Additives Product Market Performance
9.7.4 Eastman Business Overview
9.7.5 Eastman Recent Developments
9.8 Evonik
9.8.1 Evonik Biofuel Additives Basic Information
9.8.2 Evonik Biofuel Additives Product Overview
9.8.3 Evonik Biofuel Additives Product Market Performance
9.8.4 Evonik Business Overview
9.8.5 Evonik Recent Developments
9.9 Chevron
9.9.1 Chevron Biofuel Additives Basic Information
9.9.2 Chevron Biofuel Additives Product Overview
9.9.3 Chevron Biofuel Additives Product Market Performance
9.9.4 Chevron Business Overview
9.9.5 Chevron Recent Developments
9.10 Biofuel Systems
9.10.1 Biofuel Systems Biofuel Additives Basic Information
9.10.2 Biofuel Systems Biofuel Additives Product Overview
9.10.3 Biofuel Systems Biofuel Additives Product Market Performance
9.10.4 Biofuel Systems Business Overview
9.10.5 Biofuel Systems Recent Developments
10 Biofuel Additives Market Forecast by Region
10.1 Global Biofuel Additives Market Size Forecast
10.2 Global Biofuel Additives Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Biofuel Additives Market Size Forecast by Country
10.2.3 Asia Pacific Biofuel Additives Market Size Forecast by Region
10.2.4 South America Biofuel Additives Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Biofuel Additives by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Biofuel Additives Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Biofuel Additives by Type (2024-2029)
11.1.2 Global Biofuel Additives Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Biofuel Additives by Type (2024-2029)
11.2 Global Biofuel Additives Market Forecast by Application (2024-2029)
11.2.1 Global Biofuel Additives Sales (K MT) Forecast by Application
11.2.2 Global Biofuel Additives Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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