Fuel Additive Market, By Type (Deposit Control Additives, Octane Boosters, Lubricity Additives, Cold Flow Improvers, Antioxidants, and Others), By Fuel Type (Gasoline, Diesel, Aviation Fuel, and Others), By Geography (North America, Latin America, Asia Pa

Fuel Additive Market, By Type (Deposit Control Additives, Octane Boosters, Lubricity Additives, Cold Flow Improvers, Antioxidants, and Others), By Fuel Type (Gasoline, Diesel, Aviation Fuel, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


Global fuel additive market growth is driven by stringent regulations regarding fuel efficiency and vehicular emissions. Fuel additives are formulated chemicals that are added to vehicular fuels like gasoline and diesel to enhance performance characteristics. These help in improving fuel combustion, inhibiting corrosion, enhancing lubricity, controlling deposits and cleaning engines. With growing awareness about environmental protection and sustainable transportation, there will be huge demand for high-performance fuel additives from automakers. Furthermore, rapid industrialization and infrastructure development across emerging economies have also significantly boosted commercial vehicle fleet, thus, augmenting consumption of diesel engine fuel and associated additives.

Market Dynamics:

Stringent norms regarding vehicular emissions and fuel efficiency standards set by regulatory bodies around the world can boost adoption of sophisticated fuel additives. Growth in international trade, urbanization and industrial & agricultural activity has led to considerable rise in transportation via road, rail, sea and air, thus, boosting need for superior quality fuels and additives.

Volatility in raw material prices poses a major challenge for fuel additive manufacturers. Moreover, availability of crude oil-based substitutes at lower costs can also hamper the market growth.

Ongoing research & development of bio-based and synthetic additives for renewable fuels like ethanol and biodiesel can open up new avenues

Key features of the study:
  • This report provides in-depth analysis of the global fuel additive market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global fuel additive market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include TotalEnergies, BASF SE, Evonik Industries AG, The Lubrizol Corporation, Chevron Oronite Company LLC, Afton Chemical Corporation, Innospec Inc., Infineum International Limited, Dorf Ketal Chemicals, Lanxess, Cummins Inc., Baker Hughes Company, Clariant AG, Solvay, Huntsman Corporation, Exxon Mobil Corporation, Qatar Fuel Additives Company (Qafac), Eastman Chemical Company, Cargill Incorporated, and The Dow Chemical Company
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • Global fuel additive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fuel additive market

  • Detailed Segmentation-
  • Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Deposit Control Additives
  • Octane Boosters
  • Lubricity Additives
  • Cold Flow Improvers
  • Antioxidants
  • Others
  • Fuel Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Gasoline
  • Diesel
  • Aviation Fuel
  • Others
  • Regional Insights (Revenue, USD Bn, 2019 - 2031)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • TotalEnergies
  • BASF SE
  • Evonik Industries AG
  • The Lubrizol Corporation
  • Chevron Oronite Company LLC
  • Afton Chemical Corporation
  • Innospec Inc.
  • Infineum International Limited
  • Dorf Ketal Chemicals
  • Lanxess
  • Cummins Inc.
  • Baker Hughes Company
  • Clariant AG
  • Solvay
  • Huntsman Corporation
  • Exxon Mobil Corporation
  • Qatar Fuel Additives Company (Qafac)
  • Eastman Chemical Company
  • Cargill Incorporated
  • The Dow Chemical Company

  • 1. Research Objectives and Assumptions
    Research Objectives
    Assumptions
    Abbreviations
    2. Market Purview
    Report Description
    Market Definition and Scope
    Executive Summary
    Market Snippet, By Type
    Market Snippet, By Fuel Type
    Market Snippet, By Region
    Coherent Opportunity Map (COM)
    3. Market Dynamics, Regulations, and Trends Analysis
    Market Dynamics
    Drivers
    Restraints
    PEST Analysis
    PORTER’s Five Forces Analysis
    Market Opportunities
    Regulatory Scenario
    Key Developments
    Industry Trend
    4. Global Fuel Additive Market - Impact of Coronavirus (COVID-19) Pandemic
    Overview
    Factors Affecting the Global Fuel Additive Market – COVID-19
    Impact Analysis
    5. Global Fuel Additive Market, By Type, 2019-2031, (US$ Bn)
    Introduction
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Deposit Control Additives
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Octane Boosters
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Lubricity Additives
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Cold Flow Improvers
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Antioxidants
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Others
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    6. Global Fuel Additive Market, By Fuel Type, 2019-2031, (US$ Bn)
    Introduction
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Gasoline
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Diesel
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Aviation Fuel
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    Others
    Market Share Analysis, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, 2020 - 2031
    Segment Trends
    7. Global Fuel Additive Market, By Region, 2019-2031, (US$ Bn)
    Introduction
    Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
    Y-o-Y Growth Analysis, For Region, 2020 - 2031
    North America
    Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
    Y-o-Y Growth Analysis, For Country, 2020 - 2031
    Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Fuel Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
    U.S.
    Canada
    Latin America
    Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
    Y-o-Y Growth Analysis, For Country, 2020 - 2031
    Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Fuel Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
    Brazil
    Argentina
    Mexico
    Rest of Latin America
    Europe
    Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
    Y-o-Y Growth Analysis, For Country, 2020 - 2031
    Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Fuel Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
    U.K.
    Germany
    Italy
    France
    Spain
    Russia
    Rest of Europe
    Asia Pacific
    Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
    Y-o-Y Growth Analysis, For Country, 2020 - 2031
    Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Fuel Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
    China
    India
    Japan
    ASEAN
    Australia
    South Korea
    Rest of Asia Pacific
    Middle East
    Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
    Y-o-Y Growth Analysis, For Country, 2020 - 2031
    Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Fuel Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
    GCC Countries
    Israel
    Rest of Middle East
    Africa
    Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
    Y-o-Y Growth Analysis, For Country, 2020 - 2031
    Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Fuel Type, 2019- 2031, (US$ Bn)
    Market Size and Forecast, By Country/Region, 2019- 2031, (US$ Bn)
    South Africa
    North Africa
    Central Africa
    8. Competitive Landscape
    Heat Map Analysis
    Market Share Analysis (3x3 Matrix)
    Company Profiles
    TotalEnergies
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    BASF SE
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Evonik Industries AG
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    The Lubrizol Corporation
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Chevron Oronite Company LLC
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Afton Chemical Corporation
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Innospec Inc.
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Infineum International Limited
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Dorf Ketal Chemicals
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Lanxess
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Cummins Inc.
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Baker Hughes Company
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Clariant AG
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Solvay
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Huntsman Corporation
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Exxon Mobil Corporation
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Qatar Fuel Additives Company (Qafac)
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Eastman Chemical Company
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    Cargill Incorporated
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    The Dow Chemical Company
    Company Overview
    Type Portfolio
    Recent Developments/Updates
    9. Analyst Recommendation
    Wheel of Fortune
    Analyst View
    Coherent Opportunity Map
    10. Section
    References
    Research Methodology
    About Us and Sales Contact
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