Fuel Performance Additives Market Revenue, Share Analysis, Company Profiles, Demand and Forecast
According to the most recent analysis by Emergen Research, the global market for fuel performance additives had a value of USD 6.01 billion in 2021 and is anticipated to grow at a rate of 4.15% during the projected period. Government policies that favour increased fuel efficiency are a key driver in the market's revenue growth. Fuel additives are chemicals that boost the functionality and calibre of the fuels used in autos. By increasing a gasoline's octane rating, serving as corrosion inhibitors, lubricants, or both, they make it possible to employ greater compression ratios for better economy and power.
The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, R&D activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others.
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Competitive Outlook: The leading companies operating in the Fuel Performance 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 Performance Additives Market and Profiled in the Report are:
BASF SE, Evonik, Afton Chemical, LANXESS, The Lubrizol Corporation, Dorf Ketal, Cummins Inc., Chevron Corporation, ChemPoint, Solvay, Dow
Objectives of the Report:
Study of the global Fuel Performance 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 Performance 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 Performance 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 Performance 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; 2019–2030)
Deposit Control Additives
Lubricity Improvers
Antioxidants
Cold Flow Improvers
Anticorrosion
Cetane Improvers
Antiknock Agents
Gasoline Stabilizers
Octane Boosters
Others
Application Outlook (Revenue, USD Billion; 2019–2030)
Gasoline
Aviation Fuel
Diesel
Others
End-use Outlook (Revenue, USD Billion; 2019–2030)
Chemical & Petrochemical
Automotive
Oil & Gas
Power & Energy
Food & Beverages
Others
Regional Segmentation:
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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