Fuel Additives Market Analysis

Report ID: 2721
Published Date: Dec 26, 2024
Report Format: PDF, PPT

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Fuel Additives Segmentation

The market is segmented by type, application, and region. Among product applications, the diesel additives segment is expected to account for the major share of the overall additives market. This dominance is attributed to the high consumption of diesel and the heavy of additives in diesel to deliver more efficiency and power. Based on type, the deposit control additives segment accounted for the major share in the market. The power of deposit control additives is mainly attributed to its high usage in preventing the deposit formation in the injector nozzle of engines. The utilization of deposit control additives also improves combustion and fuel economy and, therefore, is broadly used in various fuels.

Our in-depth analysis of the global market includes the following segments

By Type	Deposit Control Cetane Improvers Lubricity Improvers Cold Flow Improvers Stability Improvers Octane Improvers Corrosion Inhibitors Others
By Application	Diesel Gasoline Jet Fuel Others

Browse key industry insights with market data tables & charts from the report:

Fuel Additives Market Size & Share | Forecast Report 2037

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of fuel additives is estimated at USD 10.03 billion.

Fuel Additives Market size was valued at USD 9.58 billion in 2024 and is likely to cross USD 19.22 billion by 2037, registering more than 5.5% CAGR during the forecast period i.e., between 2025-2037.

North America industry is poised to dominate majority revenue share by 2037, on account of expansion of fuel additives production companies, growing clean energy demand, and rising carbon emission reduction measures.

The major players in the market are Afton Chemical, Innospec, The Lubrizol Corporation, BASF SE, Infineum International Limited, Evonik Industries AG, Chevron Corporation, Lanxess, Dorf Ketal Chemicals, Cummins Inc., and others.