Fuel Additives Market Analysis

  • Report ID: 2721
  • Published Date: Oct 17, 2024
  • Report Format: PDF, PPT

Fuel Additives Market Analysis

The market is segmented by type, application, and region. Among product applications, the diesel additives segment is expected to account for the major share of the overall additives market. This dominance is attributed to the high consumption of diesel and the heavy of additives in diesel to deliver more efficiency and power. Based on type, the deposit control additives segment accounted for the major share in the market. The power of deposit control additives is mainly attributed to its high usage in preventing the deposit formation in the injector nozzle of engines. The utilization of deposit control additives also improves combustion and fuel economy and, therefore, is broadly used in various fuels.

Our in-depth analysis of the global market includes the following segments

By Type

  • Deposit Control
  • Cetane Improvers
  • Lubricity Improvers
  • Cold Flow Improvers
  • Stability Improvers
  • Octane Improvers
  • Corrosion Inhibitors
  • Others

By Application

  • Diesel
  • Gasoline
  • Jet Fuel
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 2721
  • Published Date: Oct 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of fuel additives is evaluated at USD 9.48 billion.

Fuel Additives Market size was valued at USD 9.08 billion in 2023 and is set to exceed USD 18.21 billion by 2036, expanding at over 5.5% CAGR during the forecast period i.e., between 2024-2036.

North America industry is set to hold largest revenue share by 2036, on account of expansion of fuel additives production companies, growing clean energy demand, and rising carbon emission reduction measures.

The major players in the market are Afton Chemical, Innospec, The Lubrizol Corporation, BASF SE, Infineum International Limited, Evonik Industries AG, Chevron Corporation, Lanxess, Dorf Ketal Chemicals, Cummins Inc., and others.
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