Lucintel anticipates the global fuel additives market to reach $7.8 billion by 2019

The global fuel additives market is expected to reach an estimated value of $7.8 billion by 2019. The major drivers of the fuel additives are growing fuel demand, growing awareness among users regarding the benefits of fuel additives, demand of high fuel efficiency, and stringent regulations and emission standards adopted by various countries. The increasing penetration of Ultra-Low Sulphur Diesel (ULSD) is also expected to drive the demand of fuel additives, specifically in the emerging countries.

Lucintel, a leading global management consulting and market research firm, has analyzed the global fuel additives market by regions, applications, and functions and has come up with a comprehensive research report, “Global Fuel Additives Market 2014-2019: Trends, Forecast, and Opportunity Analysis.” This chemical report provides an analysis of the global fuel additives market, including the analysis of market trends, growth opportunities, key drivers, emerging trends, and company profiles of the leading suppliers in the market. The study also includes the forecast of the global fuel additives market through 2019, segmented by regions, end user applications, and functions as follows:

                                                  

The global fuel additives market segmented by regions:

·         North America

·         Europe

·         Asia Pacific

·         Rest of World

The global fuel additives market segmented by end user applications:

·         Gasoline

·         Diesel

·         Others (Aviation Fuel, Marine Fuel, and Heating Oil)

The global fuel additives market segmented by functions:

·         Deposit Control Additives

·         Cetane Improvers

·         Antioxidants

·         Corrosion Inhibitors

·         Lubricity Improvers

·         Others

On the basis of its comprehensive research, Lucintel forecasts that the majority of segments of the global fuel additives market will have strong growth during 2014-2019. The cetane improvers segment is growing at a greater pace, followed by the corrosion inhibitors and deposit control additives segments. Afton Chemical Corporation, Lubrizol, Innospec Inc., Infineum International Ltd., and BASF SE are some of the suppliers of fuel additives. The industry players are going for partnership and strategic alliances and focusing on development of new fuel additive products to meet the constantly changing industry demands of customers.

This 170-pages research report will enable you to make confident business decisions in the fuel additives market. For a detailed table of contents and pricing information on this timely, insightful report and other chemical market research reports and other market reports contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

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