LONDON, June 7, 2016 /PRNewswire/ -- The report defines and analyzes the global gasoline additives market. The market is segmented on the basis of type and geography. The market data is given with respect to volume (kilotons) and value ($million). The market value of gasoline fuel additives was estimated to be $920.9 million in 2014, which is projected to grow with a CAGR of about 7.0% from 2014 to 2019. The data mentioned in the report is based on the global demand for the gasoline fuel additives.
The global gasoline additives market has been analyzed based on the current proceedings in the industry. The study provides the value chain analysis, which describes the key contributors to the market at different stages from product development to end use. The report also profiles the top players which are contributing to the global gasoline additives industry.
The impact of different market drivers and inhibitors is also illustrated in the report. Key drivers of the market are stringent environmental regulations, high growth in Asia-Pacific, and depleting quality of crude oil. The inhibitors for this market are the rise in demand for alternate fuels, huge investment in R&D, and others.
The Global gasoline additives market is also classified based on different additive types. These types are deposit control additives, cetane improvers, antioxidants, dyes & markets, lubricity improvers, cold flow improvers, stability improvers, corrosion inhibitors, octane improvers, anti-icing, and others.
The key companies operating in this market are Afton Chemical Corporation (U.S.), Albemarle Corporation (U.S.), Chevron Oronite Company LLC (U.S.), Infineum International Ltd. (U.K.), Fuel Performance Solutions, Inc. (U.S.), and The Lubrizol Corporation (U.S.). These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. Investments in expansion of plant capacities, followed by acquisitions were the most preferred strategies by the top players in 2012 and 2013
North America is the largest market for gasoline fuel additives with a market share of 27.6% in terms of consumption in 2014.
The report also presents a competitive landscape of the market, covering different strategies and developments such as mergers & acquisitions, expansions, and agreements undertaken by the leading gasoline additives companies in recent years. In addition, it also includes profiles of leading gasoline additives market players.
Scope of the Report:
This research report categorizes the global market for gasoline additives on the basis of types and geography and provides forecast volume, value, and trends in each of the submarkets.
On the Basis of Types:
- Deposit Control Additives
- Cetane Improvers
- Lubricity Improvers
- Cold Flow Improvers
- Dyes & Markers
- Corrosion Inhibitors
- Stability Improvers
- Octane Improvers
On the Basis of Geography:
- North America
- South America
- Middle East and Africa
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