Global Fuel Additives Market Size, Share, Review Report By 2019: Radiant Insights
Market outlook of the fuel additives market
Technavio’s market research analyst estimates the global fuel additives market to witness a steady growth at a rate of around 8% during the forecast period. The adoption of ethanol and biodiesel is expected to drive the market growth for fuel additives due to the usage of antioxidants, corrosion inhibitors, cold flow improvers, and other products.
The rise in the adoption of hybrid electric vehicles (HEV) is expected to deter the growth of this market during the forecast period. These HEVs are energy efficient and environment-friendly and provide a broad range of performance benefits like increased acceleration and lower maintenance requirements. Usage of these vehicles is increasingly being advocated by governments across the world as it results in lower utilization of conventional fuels and less noise and air pollution.
Read Complete Report With TOC @ http://www.radiantinsights.com/research/global-fuel-additives-market-2015-2019
Segmentation by application and analysis of the global fuel additives market
Blending, shipping, and storage additives
Gasoline fuel additives
Aftermarket additives
Diesel fuel additives
Heavy fuel oils additives
Blending, shipping, and storage additives account for about two-thirds of the global fuel additives market and is expected to grow at a rate of 9% during the forecast period. These additives are added to diesel, jet fuel, and gasoline, in refinery blend plant and supply chain to enhance their overall quality. They also help in addressing various problems such as equipment corrosion issues, preserving product quality, and fouling prevention occurring in the period of handling, storage, and transportation.
Geographical segmentation and analysis of the global fuel additives market
APAC
EMEA
North America
ROW
North America led the fuel additive market with a market share of 39% during 2014. The research report predicts this region to continue as the market leader during the forecast period. The region is a pioneer in advanced additives to comply with the stringent environment regulations. The overall usage of fuel additive will be led by the blending, shipping, and storage additives segment and is anticipated to grow until the end of 2019, due to the growth in the refinery output.
“Chemicals & Materials” Related Reports By Radiant Insights:
Global Dry Film Consumption Industry 2016 Market –
Global Corrugated Container Board Industry 2016 Market –
Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Product offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Product definition
Market outlook
Developments
Cost complexity
PART 05: Market landscape
Market overview
Market size and forecast by revenue
Market size and forecast by volume
Five forces analysis
Browse More Categories @ http://www.radiantinsights.com/catalog
About Us:
Radiant Insights Inc. is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact
Company Name: Radiant Insights, Inc.
Contact Person: Michelle Thoras, Corporate Sales Specialist – USA
Email: sales@radiantinsights.com
Phone: (415) 349-0054, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Website: http://www.radiantinsights.com/research/global-fuel-additives-market-2015-2019