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
Recent Posts
Green hydrogen gets official stamp as India notifies certification scheme
Wärtsilä expands methane slip reduction capabilities by introducing NextDF technology
GS E&C, Amogy, and HD Hyundai Infracore partner with South Korean City Pohang-si
SK Incheon Petrochem Launches South Korea’s First B30 Biofuel Marine Fuel to Support Maritime Decarbonisation
JSW Infrastructure Eyes Green Hydrogen and Ammonia to Power Sustainable Port Operations
HAV Group Secures Contract to Deliver Onshore Charging Stations for Norled Ferries in Northern Norway
Artemis Technologies to Supply Electric Hydrofoiling Pilot Boat for Noatum Maritime Operations in UAE
Celestyal Discovery becomes first ship in Greece to use biofuel for sustainable cruising