Analysis of the Fuel Additives MarketFrost & Sullivan
August 7, 2012
67 Pages - SKU: MC4862321
Additional InformationReport Excerpt
The total market for fuel additives in North America was $million in 2010.
The market likely will have a compound annual growth rate (CAGR) of percent during 2010 to 2017.
The fuel additives market in North America is expected to continue growing due to legislative demands, which are encouraging greater use.
Biofuels usage will have a significant affect on this market, as the required additive packages, or formulations, are different.
The largest market segment in 2010 was deposit-control (detergency) additives for gasoline, and this trend is expected to continue throughout the forecast period.
The use of lubricity improvers for diesel is expected to decline in the forecast period due to biodiesel’s improved lubrication properties, and the use of biodiesel is expected to increase.
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