Fuel Additives Market Will Be Worth of Us$ 11.09 Bn by 2023, Expanding at a Cagr of 8.3% by 2023

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Fuel Additives (Deposit Control Additives, Cetane Improvers,

Antioxidants, Stability Improvers, Lubricity Improvers, Corrosion

Inhibitors, Cold Flow Improvers, and Others) Market for Gasoline, Diesel,

Aviation Fuels, and Other Applications - Global Indust

Published Date

18-March-2016

271 Page Report

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Emission and Fuel-related Regulations Strengthen in

Emerging Economies, Fuel Additives Consumption Spurred,

reports TMR

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Fuel Additives Market

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Fuel Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 2023

Global Fuel Additives Market: Snapshot

A large number of consumers today are aware of the benefits of fuel additives, especially in North America and

Europe. This has spurred the demand for fuel additives in these regions. In an earlier report by ATC Europe,

over 95% of the fuel made available in the EU-28 region is usually treated with fuel additives. A similarly high

proportion of fuel additives is also used by the North American refineries in order to meet the stringent

emission standards.

In comparison, Latin America and Asia Pacific hold much more lenient regulatory action against higher

emissions and the necessity to treat fuel. This is expected to change in the coming years, as emission

standards are being consolidated due to climate control issues and the reduction in air quality. As a result, the

penetration of fuel additives manufacturers in these regions over the coming years will prove to be highly

beneficial to this market.

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Apart from the lack of regulatory pressure, other problems that fuel additive manufacturers are facing currently

include...