This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Refinery fuel additives Market

Market Insights on Refinery fuel additives covering sales outlook, demand forecast & up-to-date key trends

Refinery fuel additives Market: Global Industry Analysis and Opportunity Assessment 2016-2026

Refinery fuel additives Market: Global Industry Analysis and Opportunity Assessment 2016-2026 Overview

Refinery fuel additives are basically the chemicals which are used in various kind of refinery fuels to enhance their performance characteristics. Regulations from various government and environmental agencies to curb emissions and improving overall fuel efficiency is putting a substantial impact on fuel components and complete engine system.

Refinery fuel additives play a significant role in increasing the performance and efficiency of various kinds of fuel used. Increasing the efficiency of refinery fuel is very important in two ways such that fuel, as we know it, is a non-renewable material. To conserve it is as equivalent as producing. Besides, the emissions caused by fuel are extremely harmful for human health and environment. These refinery fuel additives help the efficiency of fuels to increase and enhanced characteristics such as reduced emissions, improvement in octane number, improved cetane numbers etc. Fuel additives can reduce the corrosion effects caused by fuels inside of the engines. They also improve the combustion properties of fuels.

Owing to these benefits, global enterprises are evolving in their research and development activities to produce more advanced refinery fuel additives, giving a fast impetus in their demand as well as growth in the overall market. The user friendly, commercial as well as ecological and environmental advantages offered by refinery fuel additives are anticipated to trigger a high demand of these products over the forecast period of 2016-2026.

Drivers and Restraints

The enhanced performance features and ecological benefits, backed and governed by various government and environmental organizations are pushing the demand of refinery fuel additives globally. Refinery fuel additives increase several characteristics of different types of fuels. Refinery fuel additives not only help to meet the quality specifications of finished fuels but also facilitate operations within the refinery and deliver additional revenue and margin improvement in the whole business.

Advantages and benefits offered by refinery fuel additives such as cleaner engines, less pollution, improved engine ignition, less gumming and icing and higher fuel efficiency are driving their market globally while various national and international organizations are backing and supporting their regular use.

Along with having so many advantages, the additional cost of refinery fuel additives play a negative role in the growth of this market, especially in developing nations which are cost-sensitive. Along with this, use of other fuel options such as LPG and CNG also pull back the usage of refinery fuel additives among consumers.

Customize this Report

Let us know your requirement to get
100% FREE customization

Regional Outlook

Based on geography, the global refinery fuel additives market is segmented into the seven main regions, namely North America, Western Europe, Eastern Europe, Latin America, Middle East & Africa, Asia Pacific and Japan. North America is the leading market for refinery fuel additives, while Asia-Pacific is the fastest growing market for refinery fuel additives owing to growing demand for clean fuels mainly from the emerging economies such as China and India.

Market Players

Global refinery fuel additives market is emerging with significant growth rate. Some of the major players functioning in global refinery fuel additives market are The Lubrizol Corporation, Innospec Inc., Fuel Performance Solutions, Inc., Infineum International Ltd., BASF SE, Chevron Oronite Company LLC, Total Petrochemicals, Evonik Industries AG  and Dorf-Ketal Inc. etc.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Market Supply & Demand
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Manufacturing Technology
  • Market Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Market Segmentation

Based on their types or functionality, refinery fuel additives are classified in the following categories:

  • Deposit Control
  • Antioxidant
  • Corrosion Inhibitors
  • Lubricity Improvers
  • Cetane Number Improvers
  • Octane Number Improver
  • Anti-icing
  • Conductivity Improver
  • Hydrogen Sulfide Scavengers and others.

On the basis of their application, refinery fuel additives market is segmented in the following categories:

  • Gasoline
  • Middle distillates
  • Aviation Fuel
  • Residual Fuel

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Chemicals & Materials Insights

View Reports

Recommendations

Chemicals & Materials

Aviation Fuel Additives Market

Published : February 2019

Chemicals & Materials

Marine Fuel Additives Market

Published : August 2017

Chemicals & Materials

Friction Modifier Additives Market

Published : September 2017

Chemicals & Materials

Specialty Fuel Additives Market

Published : June 2020

Google translate

Refinery fuel additives Market