Energy & Environment Industry Today

Fuel Additives Market is Projected to Reach $9.784 billion in 2021

Market Research Report on Fuel Additives Market
Published 11 April 2018
Report Sellers has added a new market research report “Fuel Additives Market - Forecasts From 2016 to 2021” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, Fuel additives help improve the efficiency of fuels like gasoline and diesel. The fuel additives market can broadly be classified into, refinery products like antioxidants, distribution system products like corrosion inhibitors and automotive performance enhancement products like deposit control additives and cetane improvers.

In 2021, the market for fuel additives is projected to reach US$9.784 billion, increasing from US$6.394 billion, growing at a CAGR of 7.35% during the forecast period. Factors driving growth in the market are stringent government regulations for fuel efficiency and environmental protection, increasing demand for ultra-low Sulphur diesel and increased automobile production in large markets. Asia Pacific region is projected to witness high growth over the forecast period on account of rising automobile sales in the region.

Browse through the complete description and in-depth TOC on “Fuel Additives Market”
https://www.reportsellers.com/market-research-report/Fuel-Additives-Market---Forecasts-from-2016-to-2021   

Report Scope

Fuel Additives Market has been segmented on the basis of type, application, and geography as follows:

By Type
Deposit Control Additives
Cetane Improvers
Antioxidants
Dyes
Lubricity Additives
Corrosion Inhibitors
Others

By Application
Gasoline
Diesel
Others

By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific

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