Specialty Fuel Additives Market: Catene Improvers to Represent a Leading Segment

Growing demand for fuel efficiency continues to remain a key reason contributing towards growth of the global specialty fuel additives market positively. However, imposition of government regulations is predicted to inhibit demand for the specialty fuel additives significantly. A recently compiled report by Fact.MR reveals that the global market of specialty fuel additives is predicted to register a CAGR of 4.9% throughout 2022.
Over time, engine in the automotive products accumulate deposits in the intake ports and valves. Increasing accumulation of harmful deposits continue to hinder the operating efficiency of the automotive products. Accumulated deposits could restrict the airflow in the exhaust system, and the combustion chamber. Specialty fuel additives is likely to witness considerable demand for removing and cleaning of the harmful deposits accumulated in the engine of the automotive products.
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Table of Content
1. Global Specialty Fuel Additives Market - Executive Summary
2. Global Specialty Fuel Additives Market Overview
2.1. Introduction
2.1.1. Global Specialty Fuel Additives Market Taxonomy
2.1.2. Global Specialty Fuel Additives Market Definition
2.2. Global Specialty Fuel Additives Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Specialty Fuel Additives Market Y-o-Y Growth
2.3. Global Specialty Fuel Additives Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. Supplier List
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Specialty Fuel Additives Market Analysis and Forecast By Additives Type
3.1. Global Specialty Fuel Additives Market Size and Forecast By Additives Type, 2012-2022
3.1.1. Deposit Control Additives Specialty Fuel Additives Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Cetane Improvers Specialty Fuel Additives Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Antioxidants Specialty Fuel Additives Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
To be Continue......
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Besides the automotive industry, the specialty fuel additives are witnessing considerable demand in the aviation industry. In order to clean and remove the deposits from the engine, specialty fuel additives are experiencing massive demand in the cleaning additives and deposit control additives. The ever-growing push to impede rust formation and impel fuel efficiency present sanguine picture for the specialty fuel additives market
Having said that, environment protection agency (EPA) does not condone specialty fuel additives as environment-friendly products. In light of it, EPA has approved cheaper products which will further deter the growth of specialty fuel additives market.
Steady Demand in Aviation Industry
Apart from the automotive industry, the specialty fuel additives witness significant demand in the aviation industry. Specialty fuel additives witness significant demand in the deposit control additives, and cleanliness additives to clean and remove the deposits from the engine. Moreover, surge in demand for correcting problems related to fuel efficiency and enhancing performance is expected to impact growth of the global market positively. Moreover, growing need to prevent rust formation is expected to boost demand for corrosion inhibitors. Besides protection from rust formation, surge in need for preventing gum formation is expected to fuel demand for oxidation inhibitors. Attributed to metal deactivators, increasing use of specialty fuel additives is expected to inhibit gum formations.
Specialty Fuel Additives Market: Competitive Landscape
Leading market players in the global specialty fuel additives market include BASF SE, Chevron Corp., Berkshire Hathaway, Inc., Ashland Inc., ExxonMobil Corporation, Evonik Industries AG, The Dow Chemical Company, E. I. du Pont de Nemours and Co, Afton Chemical Limited., and Baker Hughes, a GE Co.

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