NEW YORK, May 26, 2016 /PRNewswire/ -- Fuel additives are specialty chemicals which when added to the fuel improves its characteristics. Fuel additives are one of the prolific innovation of liquid engineering which helps to get little extra out of fuel. These additives are added in very small amounts, from ppm to thousands of ppm. As the engine's key source, fuel system needs extra care to operate at peak performance.
The global fuel additives market is evaluated based on different types such as anti-oxidants, detergents, dispersants, lubricity improvers, corrosion inhibitors, octane improvers, cetane improvers, cold flow improvers, dyes & markers, demulsifiers and others. The major applications of fuel additives are in automotive, industrial and more. Different fuel needs different additive treatment due to the dissimilarity in their properties, keeping this in mind fuel additives market is also segmented based on different types of fuel such as gasoline, diesel, biofuel and others. The report also focuses on different geographic regions and the key countries in terms of changing trends in using fuel additives in various fields.
This report gives the detailed information about the product value chain right from the beginning, which as the power in the hands of producers and consumers, analysis of the degree of competition, and threats of substitutes and new entrants. Apart from the above, the report also includes raw materials till end-use.
Some major players dominating the fuel additives industry are:
Afton Chemical Corporation and others .
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