Global Fuel Additives Market - 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,350	215 Pages	DataM Intelligence 4Market Research LLP	April, 2023	DTAM17852913

Best Price Guarantee
Price	from $4,350
Length	215 Pages
Publisher	DataM Intelligence 4Market Research LLP
Published Date	April, 2023
SKU	DTAM17852913

Global Fuel Additives Market - 2023-2030

Market Overview

The global fuel additives market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of XX% during the forecast period (2023-2030).

Fuel additives are created to enhance the performance and quality of fuels in automobiles. They boost the octane rating of a fuel or function as corrosion inhibitors or lubricants, enabling the use of higher compression ratios for improved efficiency and power. Fuel additives are used to increase the performance of fuel in cars and lower certain emissions. Typically, gasoline additives work as corrosion inhibitors, lubricants or octane rating boosters.

Market Dynamics

The growing use in refineries

At refineries, fuel additives are also applied during the production process to increase gasoline quality, ensure compliance with fuel specification standards and improve fuel quality. Also, it improves overall profitability and fuel efficiency. Liquefied petroleum gas (LPG), compressed natural gas, biofuel or ultra-low sulphur diesel are all acceptable forms of fuel. The International Energy Agency (IEA) predicts that a strong global economy will result in an average annual growth of 1.2 mb/d in global oil demand. As a result, the gasoline additives market will experience rapid expansion by 2023, when the oil demand will reach 104.7 mb/d.

The growing demand for efficient and low-emission fuels

The rapid rise in demand for efficient and low-emission fuels from automobiles, together with an increase in traffic congestion and the spread of ultralow sulphur diesel, are the main factors propelling the expansion of the worldwide fuel additive market. Due to favorable rules for foreign trade and investment, China has experienced tremendous industrialization expansion over the past 30 years, which has a direct impact on the need for fuel additives. Also, as the primary user of fuel additives, the automobile industry serves as a major driver of the global market for fuel additives.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global fuel additives market is segmented based on type, engine type, application and region.

The high efficiency and flexibility of stationary application

Over the projection period, it is predicted that the diesel category will expand and keep a sizeable proportion. Diesel fuel is more harmful to the environment than other types of gasoline, hence it requires more fuel additives to maximize a vehicle's fuel efficiency. Developing nations like China, India, Indonesia, Thailand and Indonesia are the main drivers of this market. In the upcoming years, it is anticipated that the demand for fuel additives would increase due to the rising use of ULSD-Ultra-low sulfur diesel in North America and Europe, which necessitates a significant number of fuel additives.

Geographical Analysis

The growing demand for clean energy in Asia-Pacific

The region expected to experience the highest increase for gasoline additives over the projected period is Asia-Pacific. Due to rising industrialization, the need for greater efficiency and the implementation of strict emission control regulations in China, India and Japan, it is predicted to rise at the quickest CAGR. Over the projection period, Asia-Pacific’s rapidly expanding automotive industry will undoubtedly have a beneficial impact on demand for fuel supplements.

Competitive Landscape

The major global players in the market are Evonik Industries, Innospec, Lubrizol, Croda, Afton Chemical, Total SE, Arkema, BASF SE, Total SE, Dorf Ketal and Dow Chemical.

Why Purchase the Report?

• To visualize the global fuel additives- market segmentation based on type, engine type, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of fuel additives market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global fuel additives market report would provide approximately 61 tables, 70 figures and 215 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

1. Methodology and Scope: 1.1. Research Methodology; 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary: 3.1. Market Snippet By Type; 3.2. Market Snippet By Engine Type; 3.3. Market Snippet By Application; 3.4. Market Snippet By Region
4. Dynamics: 4.1. Impacting Factors; 4.1.1. Drivers; 4.1.1.1. The growing development and innovations in fuel additives; 4.1.1.2. The rising consumption of fuel; 4.1.2. Restraints; 4.1.2.1. The growing demand for battery EVs; 4.1.2.2. XX; 4.1.3. Opportunity; 4.1.3.1. XX; 4.1.4. Impact Analysis
5. Industry Analysis: 5.1. Porter's Five Forces Analysis; 5.2. Supply Chain Analysis; 5.3. Pricing Analysis; 5.4. Regulatory Analysis
6. COVID-19 Analysis: 6.1. Analysis of COVID-19; 6.1.1. Before COVID-19 Scenario; 6.1.2. Present COVID-19 Scenario; 6.1.3. Post COVID-19 or Future Scenario; 6.2. Pricing Dynamics Amid COVID-19; 6.3. Demand-Supply Spectrum; 6.4. Government Initiatives Related to the Market During Pandemic; 6.5. Manufacturers Strategic Initiatives; 6.6. Conclusion
7. By Type: 7.1. Introduction; 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 7.1.2. Market Attractiveness Index, By Type; 7.2. Cetane Number Improvers*; 7.2.1. Introduction; 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 7.3. Lead Anti-Knock Additive; 7.4. Dyes/Markers; 7.5. Antioxidants; 7.6. Metal deactivators; 7.7. Corrosion inhibitors; 7.8. Anti-icing additives; 7.9. Cold flow improvers; 7.10. Hydrogen Sulphide Scavengers; 7.11. Deposit Control Additives; 7.12. Anti-Foam Additives; 7.13. Lubricity Improvers; 7.14. Pour Point Depressants (PPDs); 7.15. Stability Improvers; 7.16. Octane Improvers; 7.17. Others
8. By Engine Type: 8.1. Introduction; 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Engine Type; 8.1.2. Market Attractiveness Index, By Engine Type; 8.2. Two-stroke Engine*; 8.2.1. Introduction; 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 8.2.3. Gasoline Engine; 8.2.4. Diesel Engine; 8.2.5. Gas Engine; 8.3. Four-stroke Engine; 8.3.1. Gasoline Engine; 8.3.2. Diesel Engine; 8.3.3. Gas Engine; 8.3.4. Others
9. By Application: 9.1. Introduction; 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 9.1.2. Market Attractiveness Index, By Application; 9.2. Gasoline*; 9.2.1. Introduction; 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 9.2.3. Deposit Control Additives; 9.2.4. Cetane Improvers; 9.2.5. Antioxidants; 9.2.6. Dyes & Markers; 9.2.7. Lubricity Improvers; 9.2.8. Cold Flow Improvers; 9.2.9. Stability Improvers; 9.2.10. Corrosion Inhibitors; 9.2.11. Octane Improvers; 9.2.12. Anti-icing Agents; 9.2.13. Pour Point Depressants (PPDs); 9.2.14. Others; 9.3. Diesel; 9.3.1. Cetane Number Improvers; 9.3.2. Cold Flow Improvers; 9.3.3. Deposit Control Additives; 9.3.4. Anti-Foam Additives; 9.3.5. Lubricity Improvers; 9.3.6. Pour Point Depressants (PPDs); 9.3.7. Lead Anti-Knock Additive; 9.3.8. Dyes/Markers; 9.3.9. Antioxidants; 9.3.10. Metal Deactivators; 9.3.11. Corrosion Inhibitors; 9.3.12. Anti-icing Additives; 9.3.13. Hydrogen Sulfide Scavengers; 9.3.14. Others; 9.4. Aviation Fuel; 9.5. Marine Fuel
10. By Region: 10.1. Introduction; 10.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region; 10.3. Market Attractiveness Index, By Region; 10.4. North America; 10.4.1. Introduction; 10.4.2. Key Region-Specific Dynamics; 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Engine Type; 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.4.6.1. U.S.; 10.4.6.2. Canada; 10.4.6.3. Mexico; 10.5. Europe; 10.5.1. Introduction; 10.5.2. Key Region-Specific Dynamics; 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Engine Type; 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.5.6.1. Germany; 10.5.6.2. UK; 10.5.6.3. France; 10.5.6.4. Italy; 10.5.6.5. Spain; 10.5.6.6. Rest of Europe; 10.6. South America; 10.6.1. Introduction; 10.6.2. Key Region-Specific Dynamics; 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Engine Type; 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.6.6.1. Brazil; 10.6.6.2. Argentina; 10.6.6.3. Rest of South America; 10.7. Asia-Pacific; 10.7.1. Introduction; 10.7.2. Key Region-Specific Dynamics; 10.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Engine Type; 10.7.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.7.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.7.6.1. China; 10.7.6.2. India; 10.7.6.3. Japan; 10.7.6.4. Australia; 10.7.6.5. Rest of Asia-Pacific; 10.8. Middle East and Africa; 10.8.1. Introduction; 10.8.2. Key Region-Specific Dynamics; 10.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Engine Type; 10.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11. Competitive Landscape: 11.1. Competitive Scenario; 11.2. Market Positioning/Share Analysis; 11.3. Mergers and Acquisitions Analysis
12. Company Profiles: 12.1. Evonik Industries; 12.1.1. Company Overview; 12.1.2. Product Portfolio and Description; 12.1.3. Key Highlights; 12.1.4. Financial Overview; 12.2. Innospec; 12.3. Lubrizol; 12.4. Croda; 12.5. Afton Chemical; 12.6. Total SE; 12.7. Arkema; 12.8. BASF SE; 12.9. Dorf Ketal; 12.10. Dow Chemical; LIST NOT EXHAUSTIVE
13. Appendix: 13.1. About Us and Services; 13.2. Contact Us