Fuel Additives Market for Gasoline, Diesel, Aviation Fuels, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023

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Apr 25, 2016, 07:18 ET

LONDON, April 25, 2016 /PRNewswire/ -- The report analyzes and forecasts the fuel additives market on the global and regional level. The study provides historical data for 2014 along with the forecast from 2015 to 2023 based on volume (kilo tons) and revenue (US$ Mn). The report provides a decisive view of the fuel additives market by segmenting it in terms of product, application, and region.

This report provides detailed industry analysis of the fuel additives market. Industry analysis includes product information and applications that it serves along with its function. Fuel emission standards in some key regions and countries are also included to help understand the market dynamics. We have included detailed value chain analysis of the fuel additives market to provide a comprehensive view of the fuel additives market. The analysis of value chain includes information such as integration in the market, distribution channels, and end-user industries. The study also comprises drivers and restraints of the fuel additives market and their impact on demand during the forecast period. The report also analyzes the opportunities in the fuel additives market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through qualitative and quantitative information. These factors have been verified through primary and secondary resources.

The report includes Porter's Five Forces Analysis that describes the competitiveness in the fuel additives market. The study comprises market attractiveness analysis, which has been benchmarked based on market size, compound annual growth rate (CAGR), general attractiveness, and company market share. We have also incorporated company market share analysis to provide detailed analysis of the market.

The study provides a decisive view of the fuel additives market by segmenting it on the basis of product and application. Product and application segments have been analyzed based on current and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Regional segmentation includes current and forecast demand for fuel additives in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It also includes demand for individual products and applications in major countries in the respective regions.

The report provides detailed competitive outlook that includes profiles of Afton Chemical Corporation, Akzo Nobel N.V., Baker Hughes Incorporated, BASF SE, Chemtura Corporation, Evonik Industries AG, Huntsman Corporation LLC, Innospec, Petroliam Nasional Berhad (PETRONAS), The Dow Chemical Company, The Lubrizol Corporation, and Total S.A. Company profiles include attributes such as company overview, brand/product portfolio, financial overview, business strategy, and key/recent developments related to the market.

Constant currency rates have been considered while forecasting the market. Prices of fuel additives by product vary in each region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Regional average price has been considered while breaking down the market by product segment and application in each region. Models and estimates have been used to produce comprehensive datasets where hard data was not available. We have used the bottom-up approach by considering product and application segments, and integrating them to arrive at the global market. Products and applications have been further divided using the top-down approach to derive the consumption of fuel additives in the regional market.

We conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders to compile this research report. Primary research represented the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.

The global fuel additives market has been segmented into:

Fuel Additives Market – Product Analysis

Deposit control additives
Cetane improvers
Antioxidants
Amines
Hindered phenols
Others (mixture of alkyl phenols and aromatic diamines)
Stability improvers
Lubricity improvers
Corrosion inhibitors
Cold flow improvers
Others (Including dyes and markers, metal deactivators, fuel dehazers, etc.)
Fuel Additives Market – Application Analysis

Gasoline
Diesel
Aviation fuel
Others (Including heating oils, etc.)
Fuel Additives Market – Regional Analysis

North America
U.S.
Rest of North America
Europe
U.K.
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC
South Africa
Rest of Middle East & Africa
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