GrandViewResearch.com has announced the addition of "Global Fuel Additives Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.

1. Specialty Fuel Additives Market Will Grow
at a CAGR of 46% from 2014 to 2020
GrandViewResearch.com has announced the addition of "Global Fuel Additives Market
Analysis And Segment Forecasts To 2020" Market Research report to their Database.
San Francisco, CA, March 31, 2014 -- The global market for specialty fuel additives is
expected to reach USD 8,517.6 million by 2020, according to a new study by Grand
View Research, Inc. Dynamic regulatory trends, particularly in North America and
Europe has prompted fuel marketers to use specialty fuel additives which is expected
remain a key driving factor for the market over the forecast period. In addition, ban on
MTBE in the U.S. is expected to further push the demand for fuel additives over the next
six years. However, emergence of alternative fuel such as autogas (LPG) and CNG owing
to eco friendly characteristics is expected to hamper the market growth over the next six
years.
Deposit control additives emerged as the leading market products and accounted for 39%
of total global volume in 2013. Increasing demand for detergent as an additive is
expected to fuel the demand for deposit control additives over the forecast period.
However, cold flow improvers are expected to be the fastest growing product segment at
an estimated CAGR of 7.9% from 2014 to 2020. Positive outlook on biodiesel demand,
especially in regional markets of North America and Europe is expected to boost cold
flow improver sales over the next six years. The global demand for cetane improvers is
projected to reach 209.6 kilo tons by 2020, at an estimated CAGR of 5.7% from 2014 to
2020.
The report “Specialty Fuel Additives Market Analysis and Segment Forecasts to 2020,”
is available now to Grand View Research customers at
http://www.grandviewresearch.com/industry-analysis/specialty-fuel-additives-
industry
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Further Key findings from the study suggest:

2. • The global market for specialty fuel additives was 1,383.4 kilo tons in 2013 and is
expected to reach 2,066.4 kilo tons by 2020, growing at a CAGR of 46% from 2014 to
2020.
• Gasoline dominated the global application market for specialty fuel additives,
accounting for 46.2% of total market volume in 2013. High gasoline demand, mainly in
the U.S. is expected to drive the demand for specialty fuel additives used in gasoline.
However, owing to surging demand for ULSD, diesel is expected to surpass gasoline to
emerge as the leading application market for specialty fuel additives by 2020. On the
aforementioned factors, diesel is also expected to be the fastest growing application
market for specialty fuel additives at an estimated CAGR of 6.5% from 2014 to 2020.
• North America dominated the global market for specialty fuel additives and accounted
for 27.8% of total market volume in 2013. Clean fuel program initiated by the U.S. EPA
is expected to drive the regional demand for specialty fuel additives. However, rapid
strides by countries such as India and China in fuel consumption are expected to turn
Asia Pacific as the most attractive market which is projected to grow at an estimated
CAGR of 7% from 2014 to 2020. In addition, Asia Pacific is expected to surpass North
America to become the largest market for specialty fuel additives by 2020.
• Global market for specialty fuel additives is moderately concentrated with top four
companies including NewMarket, Innospec, BASF and Infineum accounting for 48.5%
of total market in 2013. Other companies operating in the global specialty fuel additives
market include, Lubrizol, Baker Hughes, Chevron Oronite, Albemarle, Chemtura,
Clariant, Dow Chemical Company, Evonik Industries, Eurenco, Total Additives &
Special Fuels, Dorf Ketal and NALCO Champion among others.
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For the purpose of this study, Grand View Research has segmented the global specialty
fuel additives market on the basis of product, application and region:
• Global Specialty Fuel Additives Product Outlook (Volume, Kilo Tons; Revenue, USD
million)
- Deposit Control Additives
- Cetane Improvers
- Antioxidants
- Lubricity Improvers
- Cold Flow Improvers
- Corrosion Inhibitors
- Others

3. • Global Specialty Fuel Additives Application Outlook (Volume, Kilo Tons; Revenue,
USD million)
- Gasoline
- Diesel
- Aviation Turbine Fuel (ATF)
- Others
• Specialty Fuel Additives Regional Outlook
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
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