Fuel Performance Additives Market Analysis, Region & Country Revenue Share, & Forecast Till 2032

According to the most recent analysis by Emergen Research, the global market for fuel performance additives had a value of USD 6.01 billion in 2021 and is anticipated to grow at a rate of 4.15% during the projected period. Government policies that favour increased fuel efficiency are a key driver in the market's revenue growth. Fuel additives are chemicals that boost the functionality and calibre of the fuels used in autos. By increasing a gasoline's octane rating, serving as corrosion inhibitors, lubricants, or both, they make it possible to employ greater compression ratios for better economy and power.

Factors influencing the growth of the Fuel Performance Additives market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Fuel Performance Additives market. The report discusses in detail the positive and negative impact of the pandemic on the Fuel Performance Additives industry. The supply chain disruptions and economic volatility have altered the dynamics of the Fuel Performance Additives industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Fuel Performance Additives market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Fuel Performance Additives Market and Profiled in the Report are:

BASF SE, Evonik, Afton Chemical, LANXESS, The Lubrizol Corporation, Dorf Ketal, Cummins Inc., Chevron Corporation, ChemPoint, Solvay, Dow

Objectives of the Report:

Study of the global Fuel Performance Additives market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Fuel Performance Additives market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Fuel Performance Additives market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Fuel Performance Additives market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Type Outlook (Revenue, USD Billion; 2019–2030)

    • Deposit Control Additives
    • Lubricity Improvers
    • Antioxidants
    • Cold Flow Improvers
    • Anticorrosion
    • Cetane Improvers
    • Antiknock Agents
    • Gasoline Stabilizers
    • Octane Boosters
    • Others
  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Gasoline
    • Aviation Fuel
    • Diesel
    • Others
  • End-use Outlook (Revenue, USD Billion; 2019–2030)

    • Chemical & Petrochemical
    • Automotive
    • Oil & Gas
    • Power & Energy
    • Food & Beverages
    • Others

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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