The fuel additives market is set to grow by $1.64 billion between 2021 and 2025 and register a CAGR of 4.33%, according to Technavio’s latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The fuel additives market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Fuel Additives Market 2021-2025: Segmentation
Type
Deposit Control Additives
Cetane Improvers
Antioxidants
Cold Flow Improvers
Others
Application
Diesel Fuel Additives
Gasoline Fuel Additives
Aviation Fuel Additives
Others
Geography
APAC
Europe
North America
MEA
South America
Fuel Additives Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the fuel additives market include Clariant International Ltd., Croda International Plc, Dorf Ketal Chemicals (I) Pvt. Ltd., Eurenco, Evonik Industries AG, Exxon Mobil Corp., Functional Products Inc., Infineum International Ltd., Innospec Inc., and Qatar Fuel Additives Co. Ltd.
Source: PR Newswire
Tags: Additives Market, Deposit Control Additives, Diesel Fuel Additives, fuel Additives, Technavio
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