As part of Emergen Research's Global Fuel Performance Additives Market Research Report, key business details and extensive geographical spread of the Fuel Performance Additives industry have been analyzed. As well as a comprehensive qualitative and quantitative analysis, the study contains crucial statistics about the Fuel Performance Additives market. A detailed forecast is provided until 2030 based on historical data from 2017 and 2018. Also included are profiles of established and emerging players, including business overviews, product portfolios, strategic alliances, and business expansion strategies. The current COVID-19 pandemic is expected to have an effect on the growth of the Fuel Performance Additives industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and Fuel Performance Additives will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall Fuel Performance Additives industry.
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.
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The report bifurcates the Fuel Performance Additives market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Fuel Performance Additives market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
BASF SE, Evonik, Afton Chemical, LANXESS, The Lubrizol Corporation, Dorf Ketal, Cummins Inc., Chevron Corporation, ChemPoint, Solvay, Dow
Regional Landscape section of the Fuel Performance Additives report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- 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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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
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
Research Report on the Fuel Performance Additives Market Addresses the Following Key Questions:
- Who are the dominant players of the Fuel Performance Additives market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Fuel Performance Additives market?
- What are the key growth drivers and restraining factors of the Fuel Performance Additives market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Fuel Performance Additives market and its key segments?
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