© 2016 Global Market Insights, Inc. USA. All Rights Reserved Specialty Fuel Additives Market size, share, trends and forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Specialty fuel additives market size was estimated at 1.55 million tons in 2015, as per the latest research report by Global Market Insights, Inc. Rising biofuel industry penetration and a strong focus on improving fuel performance, especially in regards to efficiency and emissions will drive the global specialty fuel additives market.  Growing environment consciousness, mainly in EU, U.S., and China, coupled with favorable government policies to adopt sustainable resources are key trending factors to boost demand.  Diesel application is projected to witness significant growth of 6.7% CAGR up to ULSD adoption in major countries including U.S. and China accompanied by growing biodiesel demand may boost the market growth. Reduced biodiesel engine functionality in low temperatures conditions requires cold flow, which is another influencing demand drivers. Global Market Scenario of Specialty Fuel Additives Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Deposit control additives dominated product segment with total consumption of over 605 kilo tons in Technology advancement in injector systems and engines played a key role to stimulate market growth. These additives are used in all oil types and help to inhibit deposit formation on injector nozzles.  Growing autogas consumption owing to its environmental benefits over conventional alternatives may restrain the specialty fuel additives market growth. Governments in U.S., Algeria, Australia, India and China are promoting autogas usage and offering several benefits on certain consumption.  Cost benefits over gasoline or diesel is another stimulating factor for CNG vehicles expansion, wherein Asia Pacific is the leading market. Request for sample Continue.....

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Browse this additives-markethttps:// additives-market Product Analysis  Among other products cold flow improvers are likely to take significant strides in specialty fuel additives industry size, with over 8% volume growth and over 7.5% cut of total volume consumption by  Cetane improvers (CI) are added to fuels to improve their cetane number which further enhances performance; segment revenue for CI is forecast to exceed USD 975 million by Optimum cetane number (50-55) is a must in minimizing ignition delays in diesel engines; growing ULSD consumption should drive CI demand.  Deposit control specialty fuel additives market size is likely to hit 3,829.7 kilo tons by 2023, with growth pegged at 6.4% CAGR. Deposit controllers find application in all types of fuel and are used to control deposit formation, especially on injectors. Owing to introduction of new technology engines and injector systems, global demand is set to show substantial growth in the future.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Purchase this Regional Analysis  North America, predominantly U.S. specialty fuel additive market size, was dominated by gasoline and is forecast to exceed USD 2.5 billion by Additionally, a ban on MTBE, which is a widely used fuel additive, in the country should open up potential avenues for industry participants in the U.S.  Europe specialty fuel additives market size was evaluated to be USD 1.58 billion in 2015, with growth expectation of 5.9% over the forecast timeframe. EU, especially Germany, UK, Netherlands and Belgium, is heavily regulated in terms of efficiency, emissions and performance, which would be a challenge for fuel suppliers.  APAC, which is heavily influenced by China and India specialty fuel additives market size, is expected to witness consumption growth at over 7%, with a target of 752 kilo tons.  Middle East & Africa specialty fuel additives market size should exceed USD 1.3 billion by 2023.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Competitive Analysis:  Global specialty fuel additives market share is moderately consolidated, with top 4 participants catering to less than 50% of overall industry demand in NewMarket Corporation, with its wholly owned subsidiary Afton Chemicals, dominated the competitive landscape with over 16% industry share.  Innospec, Infineum, Lubrizol, BASF & Baker Hughes are other primary players in this industry. Request for customize this

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