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.
The study on the Global Fuel Performance Additives Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Fuel Performance Additives market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Fuel Performance Additives industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Fuel Performance Additives industry.
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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 Analysis:
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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