Global Fuel Additives Market 2017-2021




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About Fuel Additives

Fuel additives are fuel-soluble chemicals added in small quantities to enhance the properties of the fuel. They help in improving fuel handling and performance. Typically, additives are derived from petroleum-based raw materials, and their chemistry and function are highly specialized. They are used in varying proportions in gasoline, diesel, and aviation fuels. Fuel additives are added in small quantities that are often measurable in parts per million (ppm). They help in improving properties such as fluidity, stability, lubricity, volatility, non-corrosivity, and cleanliness.

Technavios analysts forecast the global fuel additives market to grow at a CAGR of 6.82% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global fuel additives market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
North America

Technavio's report, Global Fuel Additives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Afton Chemical
Chevron Oronite
The Lubrizol Corporation

Other prominent vendors
The Chemours Company
Cummins Filtration
Dorf Ketal Chemicals
Fuel Performance Solutions
The Dow Chemical Company

Market driver
Rising demand for ultra-low-sulfur diesel (ULSD)
For a full, detailed list, view our report

Market challenge
Growing demand for electric vehicles from automotive industry
For a full, detailed list, view our report

Market trend
Growing demand for multifunctional additives
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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