According to a market report by Lucintel, the future of the global fuel additive market looks promising with opportunities in the diesel, gasoline, and aviation fuel markets. The global fuel additive market is expected to reach an estimated $8 billion by 2030 from $6 billion in 2023 at a CAGR of 3.6% from 2023 to 2030. The major drivers for this market are growing emphasis on improving fuel economy in transportation, rising global vehicle ownership & usage, and increasing demand for battery electric vehicles.
A more than 150-page report to
understand trends, opportunity and
forecast in fuel additive market to 2030 by type (deposit control additives,
cetane improvers, lubricity improvers, cold flow improvers, stability
improvers, octane improvers, corrosion inhibitors, anti-icing fuel additives,
and others), application (diesel, gasoline, aviation fuel, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that lubricity improver is expected to witness the highest growth
over the forecast period.
Within
this market, diesel will remain the largest segment.
Download
sample by clicking on fuel additive market.
Afton
Chemical Corporation, The Lubrizol Corporation, Innospec, BASF are the major
suppliers in the fuel additive market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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