Fuel Additives Market 2021 Industry Growth Estimate, Key Players Analysis, Gross Margins, Strategy, Application, Investment Plan, Opportunity and 2030 Forecast

Kenneth Research has published a detailed report on Fuel Additives Market , which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.

Market Overview:
The global Fuel Additives market was valued at USD 6.62 billion in 2016 and is projected to reach USD 11.86 billion by 2025, growing at a CAGR of 6.7% from 2017 to 2025.

Fuel additives belong to the group of chemical compounds that are added to improve the functional properties of fuel. The major functions performed by these chemicals include friction reducers, corrosion inhibitors, anti-foaming and antioxidation. However, the market faces a growing threat from alternate fuels which are experiencing huge demand.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Market Dynamics:
1. Market Drivers
1.1 Stringent environment regulations
1.2 Growth of the automotive industry
2. Market Restraints
2.1 Rise in demand for alternate fuels
2.2 Stagnant demand for gasoline fuels

Market Segmentation:
The global Fuel Additivesmarket is segmented on the product, applicationand region.
1. By Product:
1.1 Cetane Improvers
1.2 Deposit Control Additives
1.3 Dyes and Markers
1.4 Antioxidants
1.5 Cold Flow Improvers
1.6 Lubricity Improvers
1.7 Octane Improvers
1.8 Stability Improvers
1.9 Anti-icing fuel additives
1.10 Corrosion Inhibitors
1.11 Others

2. By Application:
2.1 Gasoline
2.2 Aviation
2.3 Diesel
2.4 Others

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. The Lubrizol Corporation
2. Chevron Oronite Company LLC
3. Fuel Performance Solutions Inc.
4. Afton Chemical Corporation
6. Evonik
7. Innospec Inc.
8. Cummins Inc.
9. DorfKetal Chemicals India Pvt. Ltd.
10. Chemtura Corporation
11. Cerion LLC
12. Infineum International Ltd.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research study on the Fuel Additives market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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