Dublin, May 20, 2019 (GLOBE NEWSWIRE) -- The "Global Fuel Additives Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The fuel additives market will register a CAGR of over 7% by 2023.
The growing demand for fuel from end-user industries will trigger the growth of fuel additives during the forecast period.
Fuel additives are increasingly being used for improving ignition efficiency, unclogging blocked injectors, and reducing or eliminating knocking while helping the engine run smoothly. In addition, various emerging economies including China, India, Indonesia, China, and Thailand are further fostering the demand for fuel additives mainly due to the rising demand of fuel from automobile industry.
The rising demand for fuel additives from marine industry, logistics industry, and aerospace industry will also boost the fuel additives market growth during the forecast period.
Increasing demand for biofuels
One of the growth drivers of the global fuel additives market is the increasing demand for biofuels. The growing demand for biofuels in various applications such as automotive, aviation, and others are expected to propel the demand for fuel additives.
Growing demand for electric vehicles in the automotive industry
One of the challenges in the growth of the global fuel additives market is the growing demand for electric vehicles in the automotive industry. The growing innovation and research for alternative fuel technologies are expected to hinder the growth of the market.
Competitive Landscape
The market appears to be moderately fragmented with the presence of several market players. Manufacturers are focusing on adopting strategies such as the use of an efficient catalyst, cheap raw materials, and advanced technologies.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Afton Chemical
- BASF SE
- Chevron Corporation
- Clariant
- The Lubrizol Corporation
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Comparison by type
- Deposit control additives - Market size and forecast 2018-2023
- Cetane improvers - Market size and forecast 2018-2023
- Antioxidants - Market size and forecast 2018-2023
- Cold flow improvers - Market size and forecast 2018-2023
- Lubricity improvers - Market size and forecast 2018-2023
- Corrosion inhibitors - Market size and forecast 2018-2023
- Other types - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY APPLICATION
- Comparison by application
- Diesel fuel additives - Market size and forecast 2018-2023
- Gasoline fuel additives - Market size and forecast 2018-2023
- Aviation fuel additives - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Afton Chemical
- BASF SE
- Chevron Corporation
- Clariant
- The Lubrizol Corporation
For more information about this report visit https://www.researchandmarkets.com/r/g2zvr5
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