Fuel Additives is used in heavy fuel oil to control high temperature corrosion and ash fouling of gas turbine hot section components.
In 2016, the global fuel additives market is led by Europe, capturing about 40.44% of global fuel additives production. North America is the second-largest region-wise market with 39.31% global production share.
At present, the major manufacturers of fuel additives are Chemtura(LANXESS), Baker(GE), Dorf Ketal, Systems Separation, Magna Group and Martin Marietta etc. Baker (GE) is the world leader, holding 23.39% sales market share in 2016.
In 2016, GCC region fuel additives consumption is 56.1 K MT, with a consumption share of 20.47%. Rest Asia region is the largest consumption region, especially Singapore, which is an important trade port. In 2016, Rest Asia region consumed 41.86% of global total consumption.
In application, fuel additives downstream application is electric power, vessel bunkering and others. Globally, the electric power consumption market is mainly distributed in GCC. Vessel bunkering is the largest application field of fuel additives. In 2016, vessel bunkering application share is 71.42%.
According to this study, over the next five years the Fuel Additives market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Fuel Additives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Fuel Additives market by product type, application, key manufacturers and key regions and countries.
This study considers the Fuel Additives value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Magnesium Sulfonate
Magnesium Carboxylate
Magnesium Hydroxide
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electric Power
Vessel Bunkering
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chemtura
Baker(GE)
Dorf Ketal
Systems Separation
Turbotect
Innospec
Pentol
Martin Marietta
Van Mannekus
Magna Group
Turbine-Power-Cleaner
Conntect
Osian Marine Chemicals
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Fuel Additives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Fuel Additives market by identifying its various subsegments.
Focuses on the key global Fuel Additives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fuel Additives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Fuel Additives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Fuel Additives . Industry analysis & Market Report on Fuel Additives is a syndicated market report, published as Global Fuel Additives Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Fuel Additives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.