Fuel Additives Market will be worth of US$ 11.09 Bn by 2023, expanding at a CAGR of 8.3% by 2023

Fuel Additives Market will be worth of US$ 11.09 Bn by 2023, expanding at a CAGR of 8.3% by 2023

  • Submitted By: MOHITTMR
  • Date Submitted: 09/27/2016 12:24 AM
  • Category: Business
  • Words: 3066
  • Page: 13

Transparency Market
Fuel Additives (Deposit Control Additives, Cetane Improvers,
Antioxidants, Stability Improvers, Lubricity Improvers, Corrosion
Inhibitors, Cold Flow Improvers, and Others) Market for Gasoline, Diesel,
Aviation Fuels, and Other Applications - Global Indust

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Emission and Fuel-related Regulations Strengthen in
Emerging Economies, Fuel Additives Consumption Spurred,
reports TMR
Transparency Market Research
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Fuel Additives Market

Fuel Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 2023
Global Fuel Additives Market: Snapshot
A large number of consumers today are aware of the benefits of fuel additives, especially in North America and
Europe. This has spurred the demand for fuel additives in these regions. In an earlier report by ATC Europe,
over 95% of the fuel made available in the EU-28 region is usually treated with fuel additives. A similarly high
proportion of fuel additives is also used by the North American refineries in order to meet the stringent
emission standards.
In comparison, Latin America and Asia Pacific hold much more lenient regulatory action against higher
emissions and the necessity to treat fuel. This is expected to change in the coming years, as emission
standards are being consolidated due to climate control issues and the reduction in air quality. As a result, the
penetration of fuel additives manufacturers in these regions over the coming years will prove to be highly
beneficial to this market.
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Apart from the lack of regulatory pressure, other problems that fuel...

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