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Global Fuel Additives Market 2017-2021

Global Fuel Additives Market 2017-2021

About Fuel Additives

Fuel additives are fuel-soluble chemicals added in small quantities to enhance the properties of the fuel. They help in improving fuel handling and performance. Typically, additives are derived from petroleum-based raw materials, and their chemistry and function are highly specialized. They are used in varying proportions in gasoline, diesel, and aviation fuels. Fuel additives are added in small quantities that are often measurable in parts per million (ppm). They help in improving properties such as fluidity, stability, lubricity, volatility, non-corrosivity, and cleanliness.

Technavio’s analysts forecast the global fuel additives market to grow at a CAGR of 6.82% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global fuel additives market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Fuel Additives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Afton Chemical
  • BASF
  • Chevron Oronite
  • Innospec
  • The Lubrizol Corporation
Other prominent vendors
  • Clariant
  • The Chemours Company
  • Cummins Filtration
  • Evonik
  • Dorf Ketal Chemicals
  • Fuel Performance Solutions
  • Hammonds
  • LANXESS
  • NALCO
  • Shell
  • The Dow Chemical Company
  • Total
Market driver
  • Rising demand for ultra-low-sulfur diesel (ULSD)
  • For a full, detailed list, view our report
Market challenge
  • Growing demand for electric vehicles from automotive industry
  • For a full, detailed list, view our report
Market trend
  • Growing demand for multifunctional additives
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Fuel Additives Market 2017-2021

Technavio recognizes the following companies as the key players in the global fuel additives market: Afton Chemical, BASF, Chevron Oronite, Innospec, and The Lubrizol Corporation.

Other Prominent Vendors in the market are: Clariant, The Chemours Company, Cummins Filtration, Evonik, Dorf Ketal Chemicals, Fuel Performance Solutions, Hammonds, LANXESS, NALCO, Shell, The Dow Chemical Company, and Total.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for multifunctional additives. Growing demand for multifunctional additives for gasoline and diesel is expected to foster the market growth. They provide an efficient and cost-effective way of delivering multiple benefits in a single additive package.”

According to the report, one driver in the market is rising demand for ultra-low-sulfur diesel (ULSD). ULSD is refined diesel fuel with around 15 parts per million (ppm) sulfur content. It lowers harmful emissions caused due to diesel combustion. The use of ULSD, in conjunction with emissions control devices, can reduce the exhaust gases of particulate matter and ozone depletion precursors to near-zero levels. The use of ULSD reduces the harmful emissions from both on-road and off-road diesel sources by more than 90%.

Further, the report states that one challenge in the market is growing demand for electric vehicles from automotive industry. The growing demand for electric vehicles is expected to hinder the global fuel additives market. The growing environmental and sustainability concerns have led manufacturers to switch to electric vehicles. In 2015, the total emissions in the US alone accounted for 6,587 million metric tons of carbon dioxide equivalent. In the US, the transportation sector accounted for 27% of the total GHG emission. The automobile segment is the major segment contributing to carbon dioxide emission.

Companies Mentioned

Afton Chemical, BASF, Chevron Oronite, Innospec, The Lubrizol Corporation, Clariant, The Chemours Company, Cummins Filtration, Evonik, Dorf Ketal Chemicals, Fuel Performance Solutions, Hammonds, LANXESS, NALCO, Shell, The Dow Chemical Company, and Total.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Primary functions of fuel additives
  • Market landscape
    • Market size and forecast
      • Table Global fuel additives market 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Overview: Global fuel additives market by type
      • Table Global fuel additives market by type 2016
      • Table Global fuel additives market by type 2021
    • Global fuel additives market by deposit control additives
      • Table Global fuel additives market by deposit control additives 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by deposit control additives 2016-2021
    • Global fuel additives market by cetane improvers
      • Table Global fuel additives market by cetane improvers 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by cetane improvers 2016-2021
    • Global fuel additives market by antioxidants
      • Table Global fuel additives market by antioxidants 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by antioxidants 2016-2021
    • Global fuel additives market by cold flow improvers
      • Table Global fuel additives market by cold flow improvers 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by cold flow improvers 2016-2021
    • Global fuel additives market by lubricity improvers
      • Table Global fuel additives market by lubricity improvers 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by lubricity improvers 2016-2021
    • Global fuel additives market by corrosion inhibitor
      • Table Global fuel additives market by corrosion inhibitor 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by corrosion inhibitor 2016-2021
    • Global fuel additives market by other types
      • Table Global fuel additives market by other types 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by other types 2016-2021
  • Market segmentation by application
    • Overview: Global fuel additives market by application
      • Table Global fuel additives market by application 2016
      • Table Global fuel additives market by application 2021
    • Global fuel additives market by diesel fuel additives
      • Table Global fuel additives market by diesel fuel additives 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by diesel fuel additives 2016-2021
    • Global fuel additives market by gasoline fuel additives
      • Table Global fuel additives market by gasoline fuel additives 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by gasoline fuel additives 2016-2021
    • Global fuel additives market by aviation fuel additives
      • Table Global fuel additives market by aviation fuel additives 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by aviation fuel additives 2016-2021
    • Global fuel additives market by other application
      • Table Global fuel additives market by other application 2016 and 2021 ($ millions)
      • Table Market forecast: Global fuel additives market by other application 2016-2021
  • Geographical segmentation
    • Overview: Global fuel additives market by geography
      • Table Global fuel additives market by geography 2016
      • Table Global fuel additives market by geography 2021
    • Fuel additives market in North America
      • Table Fuel additives market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: Fuel additives market in North America 2016-2021 ($ millions)
    • Fuel additives market in APAC
      • Table Fuel additives market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Fuel additives market in APAC 2016-2021 ($ millions)
    • Fuel additives market in Europe
      • Table Fuel additives market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Fuel additives market in Europe 2016-2021 ($ millions)
    • Fuel additives market in ROW
      • Table Fuel additives market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Fuel additives market in ROW 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global passenger car production in 2016-2021 (million units)
      • Table Total automobile production by region 2016-2021 (millions)
      • Table Global biodiesel market by geography 2016
      • Table Commercial airlines ASK growth rate in APAC 2012-2016 (%)
    • Market challenges
  • Market trends
    • Growing demand for multifunctional additives
    • Increase in investment from defense sector
      • Table The US Department of Defense budget 2011-2017 ($ billions)
    • Growing demand for biofuels from aviation sector
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Global fuel additives market: Key vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • Afton Chemical
      • Table Afton Chemical: Products and services 2016
    • BASF
      • Table BASF: Business segmentation by revenue 2016
      • Table BASF: Geographical segmentation by revenue 2016
    • Chevron Oronite
      • Table Chevron Oronite: Key industries 2016
    • Innospec
      • Table Innospec: Business segmentation by revenue 2016
      • Table Innospec: Geographical segmentation by revenue 2016
    • The Lubrizol Corporation
      • Table The Lubrizol Corporation: Business segmentation 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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