Table of Content

1 INTRODUCTION 42
1.1 OBJECTIVES OF THE STUDY 42
1.2 MARKET DEFINITION 42
1.2.1 FUEL ADDITIVES MARKET: INCLUSIONS AND EXCLUSIONS 43
1.2.2 FUEL ADDITIVES: MARKET DEFINITION AND INCLUSIONS, BY TYPE 43
1.2.3 FUEL ADDITIVES: MARKET DEFINITION AND INCLUSIONS, BY APPLICATION 44
1.3 MARKET SCOPE 44
FIGURE 1 FUEL ADDITIVES MARKET SEGMENTATION 44
1.3.1 REGIONS COVERED 45
1.3.2 YEARS CONSIDERED FOR THE STUDY 45
1.4 CURRENCY 45
1.5 UNIT CONSIDERED 46
1.6 STAKEHOLDERS 46
1.7 SUMMARY OF CHANGES 46
2 RESEARCH METHODOLOGY 47
2.1 RESEARCH DATA 47
FIGURE 2 FUEL ADDITIVES MARKET: RESEARCH DESIGN 47
2.1.1 SECONDARY DATA 48
2.1.2 PRIMARY DATA 48
2.1.2.1 Primary interviews – demand and supply sides 48
2.1.2.2 Key industry insights 49
2.1.2.3 Breakdown of primary interviews 49
2.2 MARKET SIZE ESTIMATION 50
2.2.1 BOTTOM–UP APPROACH 50
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF PRODUCTS 50
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM–UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS 51
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 – BOTTOM–UP (DEMAND SIDE): APPLICATIONS SERVED AND THEIR AVERAGE SELLING PRICES 52
2.2.2 TOP–DOWN APPROACH 52
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – TOP–DOWN 53
2.3 DATA TRIANGULATION 53
FIGURE 7 FUEL ADDITIVES MARKET: DATA TRIANGULATION 54
2.4 GROWTH RATE ASSUMPTIONS /GROWTH FORECAST 55
2.4.1 SUPPLY SIDE 55
FIGURE 8 MARKET CAGR PROJECTIONS FROM THE SUPPLY SIDE 55
2.4.2 DEMAND SIDE 56
FIGURE 9 MARKET GROWTH PROJECTIONS FROM DEMAND–SIDE DRIVERS
AND OPPORTUNITIES 56
2.5 FACTOR ANALYSIS 56
2.6 ASSUMPTIONS 57
2.7 LIMITATIONS 57
2.8 RISK ASSESSMENT 58
TABLE 1 FUEL ADDITIVES MARKET: RISK ASSESSMENT 58
3 EXECUTIVE SUMMARY 59
FIGURE 10 DEPOSIT CONTROL ADDITIVES SEGMENT TO BE THE LARGEST TYPE
OF FUEL ADDITIVE DURING THE FORECAST PERIOD 60
FIGURE 11 DIESEL TO BE THE FASTEST–GROWING APPLICATION OF FUEL ADDITIVES 60
FIGURE 12 NORTH AMERICA ACCOUNTED FOR THE LARGEST SHARE OF THE FUEL ADDITIVES MARKET IN 2020 61
4 PREMIUM INSIGHTS 62
4.1 SIGNIFICANT OPPORTUNITIES IN THE FUEL ADDITIVES MARKET 62
FIGURE 13 HIGH GROWTH EXPECTED IN EMERGING ECONOMIES DURING THE
FORECAST PERIOD 62
4.2 FUEL ADDITIVES MARKET SIZE, BY REGION 62
FIGURE 14 APAC TO BE THE LARGEST FUEL ADDITIVES MARKET DURING THE
FORECAST PERIOD 62
4.3 APAC FUEL ADDITIVES MARKET, BY APPLICATION AND COUNTRY 63
FIGURE 15 CHINA ACCOUNTED FOR THE LARGEST SHARE OF THE APAC FUEL
ADDITIVES MARKET IN 2020 63
4.4 FUEL ADDITIVES MARKET SIZE, TYPE AND REGION 63
FIGURE 16 DEPOSIT CONTROL ADDITIVES TO DOMINATE FUEL ADDITIVES MARKET ACROSS REGIONS 63
4.5 FUEL ADDITIVES MARKET ATTRACTIVENESS 64
FIGURE 17 INDIA TO BE FASTEST–GROWING FUEL ADDITIVES MARKET DURING
THE FORECAST PERIOD 64
5 MARKET OVERVIEW 65
5.1 INTRODUCTION 65
5.2 MARKET DYNAMICS 65
FIGURE 18 OVERVIEW OF FACTORS DRIVING THE FUEL ADDITIVES MARKET 65
5.2.1 DRIVERS 65
5.2.1.1 Stringent government regulations 65
TABLE 2 FUEL ADDITIVES MARKET: REGULATIONS BY REGION 66
5.2.1.2 Increase in automotive production in emerging economies 67
TABLE 3 GLOBAL MOTOR VEHICLE PRODUCTION, BY REGION, 2019–2021 (UNITS) 67
5.2.1.3 Degrading quality of crude oil 67
5.2.2 RESTRAINTS 67
5.2.2.1 Rise in demand for alternate fuels 67
TABLE 4 CNG AND LPG VEHICLE MARKET, BY REGION,
2018–2026 (THOUSAND UNITS) 68
5.2.2.2 Rise in demand for hybrid vehicles and increasing battery price parity 68
TABLE 5 HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (THOUSAND UNITS) 68
5.2.2.3 Significant investments in R&D for fuel additives 68
5.2.3 OPPORTUNITIES 69
5.2.3.1 Increase in demand for ultra–low–sulfur diesel (ULSD) 69
5.3 TECHNOLOGY OVERVIEW 69
5.4 PORTER’S FIVE FORCES ANALYSIS 69
FIGURE 19 FUEL ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS 70
5.4.1 THREAT OF NEW ENTRANTS 70
5.4.2 THREAT OF SUBSTITUTES 70
5.4.3 BARGAINING POWER OF SUPPLIERS 71
5.4.4 BARGAINING POWER OF BUYERS 71
5.4.5 INTENSITY OF COMPETITIVE RIVALRY 71
TABLE 6 FUEL ADDITIVES MARKET: PORTER’S FIVE FORCES ANALYSIS 71
5.5 MACROECONOMIC INDICATORS 72
5.5.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES 72
TABLE 7 TRENDS AND FORECAST OF GDP, 2019–2026 (GROWTH RATE) 72
5.6 IMPACT OF COVID–19 73
5.6.1 INTRODUCTION 73
5.6.2 COVID–19 HEALTH ASSESSMENT 73
FIGURE 20 COUNTRY–WISE SPREAD OF COVID–19 74
5.6.3 COVID–19 ECONOMIC ASSESSMENT 75
FIGURE 21 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2021 75
5.7 IMPACT OF COVID–19 ON THE ECONOMY?SCENARIO ASSESSMENT 76
FIGURE 22 FACTORS IMPACTING THE GLOBAL ECONOMY 76
FIGURE 23 COVID–19 IMPACT SCENARIOS 77
5.8 IMPACT OF COVID–19: CUSTOMER ANALYSIS 78
6 INDUSTRY TRENDS 79
6.1 SUPPLY CHAIN ANALYSIS 79
FIGURE 24 FUEL ADDITIVES: SUPPLY CHAIN 79
6.1.1 RAW MATERIALS 79
6.1.2 MANUFACTURING FUEL ADDITIVES 80
6.1.3 DISTRIBUTION 80
6.1.4 TO END USERS 80
TABLE 8 FUEL ADDITIVES MARKET: SUPPLY CHAIN 80
6.2 FUEL ADDITIVES MARKET: REALISTIC, PESSIMISTIC, OPTIMISTIC, AND
NON–COVID–19 SCENARIOS 82
FIGURE 25 MARKET SIZE UNDER REALISTIC, PESSIMISTIC, OPTIMISTIC, AND
NON–COVID–19 SCENARIOS 82
TABLE 9 FUEL ADDITIVES MARKET: MARKET FORECAST SCENARIOS,
2019–2026 (USD MILLION) 82
6.2.1 NON–COVID–19 SCENARIO 82
6.2.2 OPTIMISTIC SCENARIO 82
6.2.3 PESSIMISTIC SCENARIO 83
6.2.4 REALISTIC SCENARIO 83
6.3 PATENT ANALYSIS 83
6.3.1 INTRODUCTION 83
6.3.2 APPROACH 83
6.3.3 DOCUMENT TYPE 83
TABLE 10 THE GRANTED PATENTS ACCOUNT FOR 28% OF ALL THE PATENTS
DURING THE LAST TEN YEARS 84
FIGURE 26 PATENTS REGISTERED FOR FUEL ADDITIVES, 2010–2020 84
FIGURE 27 PATENT PUBLICATION TRENDS FOR FUEL ADDITIVES, 2010–2020 84
6.3.4 INSIGHTS 85
6.3.5 JURISDICTION ANALYSIS 85
FIGURE 28 MAXIMUM PATENTS FILED BY COMPANIES IN THE US 85
6.3.6 TOP APPLICANTS 86
FIGURE 29 AFTON CHEMICAL CORPORATION REGISTERED HIGHEST NUMBER
OF PATENTS BETWEEN 2010 AND 2020 86
TABLE 11 TOP TEN PATENT OWNERS IN THE US, 2010–2020 89
6.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 89
FIGURE 30 REVENUE SHIFT IN FUEL ADDITIVES MARKET 89
6.5 CONNECTED MARKETS: ECOSYSTEM 90
FIGURE 31 FUEL ADDITIVES MARKET: ECOSYSTEM 90
6.6 CASE STUDIES 91
6.7 TRADE DATA STATISTICS 91
6.7.1 IMPORT SCENARIO OF FUEL ADDITIVES 91
FIGURE 32 IMPORTS OF FUEL ADDITIVES, BY KEY COUNTRIES (2012–2019) 91
TABLE 12 IMPORTS OF FUEL ADDITIVES, BY REGION, 2012–2019 (USD MILLION) 92
6.7.2 EXPORT SCENARIO OF FUEL ADDITIVES 92
FIGURE 33 EXPORTS OF FUEL ADDITIVES, BY KEY COUNTRY (2012–2019) 93
TABLE 13 EXPORT OF FUEL ADDITIVES, BY REGION, 2012–2019 (USD MILLION) 93
6.8 REGULATORY LANDSCAPE 94
6.8.1 REGULATIONS RELATED TO FUEL ADDITIVES 94
6.9 AVERAGE SELLING PRICES OF FUEL ADDITIVES 95
TABLE 14 AVERAGE SELLING PRICES OF FUEL ADDITIVES, BY REGION, (USD/KG) 95
TABLE 15 AVERAGE SELLING PRICES OF FUEL ADDITIVES, BY APPLICATION, (USD/KG) 95
7 FUEL ADDITIVES MARKET, BY TYPE 96
7.1 INTRODUCTION 97
FIGURE 34 DEPOSIT CONTROL TO BE THE LARGEST TYPE OF FUEL ADDITIVES DURING THE FORECAST PERIOD 97
TABLE 16 FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 97
TABLE 17 FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 98
TABLE 18 FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 98
TABLE 19 FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 99
7.2 DEPOSIT CONTROL 99
7.2.1 DEPOSIT CONTROL ADDITIVES TO DOMINATE THE OVERALL FUEL
ADDITIVES MARKET 99
FIGURE 35 NORTH AMERICA TO BE LARGEST MARKET FOR DEPOSIT CONTROL
FUEL ADDITIVES DURING THE FORECAST PERIOD 99
TABLE 20 DEPOSIT CONTROL FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 100
TABLE 21 DEPOSIT CONTROL FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 100
TABLE 22 DEPOSIT CONTROL FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 101
TABLE 23 DEPOSIT CONTROL FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 101
7.3 CETANE IMPROVERS 102
7.3.1 INCREASING DEMAND FROM THE DIESEL APPLICATION DRIVES THE
CETANE IMPROVERS MARKET 102
FIGURE 36 APAC TO BE THE LARGEST MARKET FOR CETANE IMPROVER FUEL
ADDITIVES DURING THE FORECAST PERIOD 102
TABLE 24 CETANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 102
TABLE 25 CETANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 103
TABLE 26 CETANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 103
TABLE 27 CETANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 103
7.4 LUBRICITY IMPROVERS 104
7.4.1 NECESSITY IN REDUCING SULFUR CONTENT IN FUELS IS EXPECTED
TO DRIVE THE MARKET 104
FIGURE 37 APAC TO BE THE LARGEST MARKET FOR LUBRICITY IMPROVER FUEL ADDITIVES DURING THE FORECAST PERIOD 104
TABLE 28 LUBRICITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 104
TABLE 29 LUBRICITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 105
TABLE 30 LUBRICITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 105
TABLE 31 LUBRICITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 105
7.5 COLD FLOW IMPROVERS 106
7.5.1 INCREASED DEMAND FROM THE MANUFACTURING INDUSTRY DRIVING
THE MARKET FOR COLD FLOW IMPROVERS 106
FIGURE 38 NORTH AMERICA TO BE THE LARGEST MARKET FOR COLD FLOW IMPROVER FUEL ADDITIVES DURING THE FORECAST PERIOD 106
TABLE 32 COLD FLOW IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 106
TABLE 33 COLD FLOW IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 107
TABLE 34 COLD FLOW IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 107
TABLE 35 COLD FLOW IMPROVERS FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 107
7.6 STABILITY IMPROVERS 108
7.6.1 HIGH DEMAND FROM THE APAC IS DRIVING THE STABILITY IMPROVER ADDITIVES MARKET 108
FIGURE 39 APAC TO BE THE LARGEST MARKET FOR STABILITY IMPROVER FUEL ADDITIVES DURING THE FORECAST PERIOD 108
TABLE 36 STABILITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 108
TABLE 37 STABILITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 109
TABLE 38 STABILITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 109
TABLE 39 STABILITY IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 109
7.7 OCTANE IMPROVERS 110
7.7.1 INCREASINGLY STRINGENT EMISSION CONTROL REGULATIONS DRIVING
THE OCTANE IMPROVERS MARKET 110
FIGURE 40 NORTH AMERICA TO BE THE LARGEST MARKET FOR OCTANE IMPROVER
FUEL ADDITIVES DURING THE FORECAST PERIOD 110
TABLE 40 OCTANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 110
TABLE 41 OCTANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 111
TABLE 42 OCTANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 111
TABLE 43 OCTANE IMPROVER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 111
7.8 CORROSION INHIBITORS 112
7.8.1 HIGH AWARENESS ABOUT THE ADVANTAGES OF CORROSION
INHIBITORS DRIVING THE MARKET 112
FIGURE 41 NORTH AMERICA TO BE THE LARGEST MARKET FOR CORROSION INHIBITOR FUEL ADDITIVES DURING THE FORECAST PERIOD 112
TABLE 44 CORROSION INHIBITOR FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 112
TABLE 45 CORROSION INHIBITOR FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 113
TABLE 46 CORROSION INHIBITOR FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 113
TABLE 47 CORROSION INHIBITOR FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 113
?
7.9 ANTI–ICING FUEL ADDITIVES 114
7.9.1 GROWING AVIATION INDUSTRY IS DRIVING THE ANTI–ICING FUEL
ADDITIVES MARKET 114
FIGURE 42 APAC TO BE LARGEST MARKET FOR ANTI–ICING FUEL ADDITIVES DURING
THE FORECAST PERIOD 114
TABLE 48 ANTI–ICING FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 114
TABLE 49 ANTI–ICING FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 115
TABLE 50 ANTI–ICING FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 115
TABLE 51 ANTI–ICING FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 115
7.10 DYES & MARKERS 116
7.10.1 DEMAND FOR PURE AND QUALITY FUEL TO DRIVE THE DYES
& MARKERS MARKET 116
FIGURE 43 EUROPE TO BE THE THIRD–LARGEST DYES & MARKERS FUEL ADDITIVES MARKET DURING THE FORECAST PERIOD 116
TABLE 52 DYES & MARKERS FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (KILOTON) 116
TABLE 53 DYES & MARKERS FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (KILOTON) 117
TABLE 54 DYES & MARKERS FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 117
TABLE 55 DYES & MARKERS FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 117
7.11 OTHERS 118
FIGURE 44 APAC TO BE LARGEST MARKET FOR THE OTHER FUEL ADDITIVES
SEGMENT DURING THE FORECAST PERIOD 118
TABLE 56 OTHER FUEL ADDITIVES MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 118
TABLE 57 OTHER FUEL ADDITIVES MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 119
TABLE 58 OTHER FUEL ADDITIVES MARKET SIZE, BY REGION,
2016–2019 (USD MILLION) 119
TABLE 59 OTHER FUEL ADDITIVES MARKET SIZE, BY REGION,
2020–2026 (USD MILLION) 119
8 FUEL ADDITIVES MARKET, BY APPLICATION 120
8.1 INTRODUCTION 121
FIGURE 45 DIESEL FUEL TO BE THE LARGEST APPLICATION OF FUEL ADDITIVES
DURING THE FORECAST PERIOD 121
TABLE 60 FUEL ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTON) 121
TABLE 61 FUEL ADDITIVES MARKET SIZE, BY APPLICATION, 2020–2026 (KILOTON) 122
TABLE 62 FUEL ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2019 (USD MILLION) 122
TABLE 63 FUEL ADDITIVES MARKET SIZE, BY APPLICATION, 2020–2026 (USD MILLION) 122
8.2 DIESEL 123
8.2.1 HIGH CONSUMPTION IN THE APAC AND EUROPE TO DRIVE THE MARKET 123
FIGURE 46 APAC TO BE THE LARGEST FUEL ADDITIVES MARKET IN THE DIESEL APPLICATION 123
TABLE 64 FUEL ADDITIVES MARKET SIZE IN DIESEL, BY REGION,
2016–2019 (KILOTON) 123
TABLE 65 FUEL ADDITIVES MARKET SIZE IN DIESEL, BY REGION,
2020–2026 (KILOTON) 124
TABLE 66 FUEL ADDITIVES MARKET SIZE IN DIESEL, BY REGION,
2016–2019 (USD MILLION) 124
TABLE 67 FUEL ADDITIVES MARKET SIZE IN DIESEL, BY REGION,
2020–2026 (USD MILLION) 124
8.3 GASOLINE 125
8.3.1 HIGH DEMAND FROM NORTH AMERICA IS EXPECTED TO DRIVE THE MARKET IN THE GASOLINE APPLICATION 125
FIGURE 47 NORTH AMERICA TO BE LARGEST FUEL ADDITIVES MARKET IN THE
GASOLINE APPLICATION DURING THE FORECAST PERIOD 125
TABLE 68 FUEL ADDITIVES MARKET SIZE IN GASOLINE, BY REGION,
2016–2019 (KILOTON) 125
TABLE 69 FUEL ADDITIVES MARKET SIZE IN GASOLINE, BY REGION,
2020–2026 (KILOTON) 126
TABLE 70 FUEL ADDITIVES MARKET SIZE IN GASOLINE, BY REGION,
2016–2019 (USD MILLION) 126
TABLE 71 FUEL ADDITIVES MARKET SIZE IN GASOLINE, BY REGION,
2020–2026 (USD MILLION) 126
8.4 AVIATION FUEL 127
8.4.1 HIGH CONSUMPTION OF AVIATION FUEL IN DEVELOPED NATIONS
IS DRIVING THE MARKET 127
FIGURE 48 NORTH AMERICA TO BE THE LARGEST FUEL ADDITIVES MARKET IN
THE AVIATION FUEL APPLICATION DURING THE FORECAST PERIOD 127
TABLE 72 FUEL ADDITIVES MARKET SIZE IN AVIATION FUEL, BY REGION,
2016–2019 (KILOTON) 127
TABLE 73 FUEL ADDITIVES MARKET SIZE IN AVIATION FUEL, BY REGION,
2020–2026 (KILOTON) 128
TABLE 74 FUEL ADDITIVES MARKET SIZE IN AVIATION FUEL, BY REGION,
2016–2019 (USD MILLION) 128
TABLE 75 FUEL ADDITIVES MARKET SIZE IN AVIATION FUEL, BY REGION,
2020–2026 (USD MILLION) 128
8.5 OTHERS 129
FIGURE 49 APAC TO BE LARGEST FUEL ADDITIVES MARKET IN OTHER APPLICATIONS 129
TABLE 76 FUEL ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2016–2019 (KILOTON) 129
TABLE 77 FUEL ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2020–2026 (KILOTON) 129
TABLE 78 FUEL ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2016–2019 (USD MILLION) 130
TABLE 79 FUEL ADDITIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2020–2026 (USD MILLION) 130
?
9 FUEL ADDITIVES MARKET, BY REGION 131
9.1 INTRODUCTION 132
FIGURE 50 APAC TO BE THE FASTEST–GROWING FUEL ADDITIVES MARKET DURING
THE FORECAST PERIOD 132
TABLE 80 FUEL ADDITIVES MARKET SIZE, BY REGION, 2016–2019 (KILOTON) 132
TABLE 81 FUEL ADDITIVES MARKET SIZE, BY REGION, 2020–2026 (KILOTON) 133
TABLE 82 FUEL ADDITIVES MARKET SIZE, BY REGION, 2016–2019 (USD MILLION) 133
TABLE 83 FUEL ADDITIVES MARKET SIZE, BY REGION, 2020–2026 (USD MILLION) 133
9.2 NORTH AMERICA 134
9.2.1 IMPACT OF COVID–19 ON THE NORTH AMERICA FUEL ADDITIVES MARKET 134
FIGURE 51 NORTH AMERICA: FUEL ADDITIVES MARKET SNAPSHOT 135
9.2.2 NORTH AMERICA FUEL ADDITIVES MARKET, BY TYPE 135
TABLE 84 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 135
TABLE 85 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 136
TABLE 86 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 136
TABLE 87 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 137
9.2.3 NORTH AMERICA FUEL ADDITIVES MARKET, BY APPLICATION 137
TABLE 88 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 137
TABLE 89 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 137
TABLE 90 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 138
TABLE 91 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 138
9.2.4 NORTH AMERICA FUEL ADDITIVES MARKET, BY COUNTRY 138
TABLE 92 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY COUNTRY,
2016–2019 (KILOTON) 138
TABLE 93 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY COUNTRY,
2020–2026 (KILOTON) 139
TABLE 94 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 139
TABLE 95 NORTH AMERICA: FUEL ADDITIVES MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 139
9.2.4.1 US 140
9.2.4.1.1 Growth of the transportation industry is expected to
drive the fuel additives market in the US 140
TABLE 96 US: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 140
TABLE 97 US: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 140
TABLE 98 US: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 141
TABLE 99 US: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 141
TABLE 100 US: FUEL ADDITIVES MARKET SIZE, BY APPLICATION, 2016–2019 (KILOTON) 142
TABLE 101 US: FUEL ADDITIVES MARKET SIZE, BY APPLICATION, 2020–2026 (KILOTON) 142
TABLE 102 US: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 142
TABLE 103 US: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 143
9.2.4.2 Canada 143
9.2.4.2.1 The aviation industry is expected to boost the demand
for fuel additives in Canada 143
TABLE 104 CANADA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 143
TABLE 105 CANADA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 144
TABLE 106 CANADA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 144
TABLE 107 CANADA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 145
TABLE 108 CANADA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 145
TABLE 109 CANADA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 145
TABLE 110 CANADA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 146
TABLE 111 CANADA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 146
9.2.4.3 Mexico 146
9.2.4.3.1 Rising industrialization is expected to propel market growth 146
TABLE 112 MEXICO: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 147
TABLE 113 MEXICO: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 147
TABLE 114 MEXICO: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 148
TABLE 115 MEXICO: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 148
TABLE 116 MEXICO: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 149
TABLE 117 MEXICO: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 149
TABLE 118 MEXICO: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 149
TABLE 119 MEXICO: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 150
9.3 APAC 150
9.3.1 IMPACT OF COVID–19 ON THE APAC FUEL ADDITIVES MARKET 150
FIGURE 52 APAC: FUEL ADDITIVES MARKET SNAPSHOT 151
9.3.2 APAC FUEL ADDITIVES MARKET, BY TYPE 151
TABLE 120 APAC: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 151
TABLE 121 APAC: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 152
TABLE 122 APAC: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 152
TABLE 123 APAC: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 153
9.3.3 APAC FUEL ADDITIVES MARKET, BY APPLICATION 153
TABLE 124 APAC: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 153
TABLE 125 APAC: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 153
TABLE 126 APAC: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 154
TABLE 127 APAC: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 154
9.3.4 APAC FUEL ADDITIVES MARKET, BY COUNTRY 154
TABLE 128 APAC: FUEL ADDITIVES MARKET SIZE, BY COUNTRY, 2016–2019 (KILOTON) 154
TABLE 129 APAC: FUEL ADDITIVES MARKET SIZE, BY COUNTRY, 2020–2026 (KILOTON) 155
TABLE 130 APAC: FUEL ADDITIVES MARKET SIZE, BY COUNTRY,
2016–2019 (USD MILLION) 155
TABLE 131 APAC: FUEL ADDITIVES MARKET SIZE, BY COUNTRY,
2020–2026 (USD MILLION) 156
9.3.4.1 China 156
9.3.4.1.1 The country’s economic growth is a major driver for
the fuel additives market 156
TABLE 132 CHINA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 156
TABLE 133 CHINA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 157
TABLE 134 CHINA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 157
TABLE 135 CHINA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 158
TABLE 136 CHINA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 158
TABLE 137 CHINA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 158
TABLE 138 CHINA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 159
TABLE 139 CHINA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 159
9.3.4.2 Japan 159
9.3.4.2.1 Demand from the automotive sector to drive the fuel additives market in Japan 159
TABLE 140 JAPAN: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 160
TABLE 141 JAPAN: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 160
TABLE 142 JAPAN: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 161
TABLE 143 JAPAN: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 161
TABLE 144 JAPAN: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 162
TABLE 145 JAPAN: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 162
TABLE 146 JAPAN: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 162
TABLE 147 JAPAN: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 163
?
9.3.4.3 India 163
9.3.4.3.1 Rising industrialization in India to drive the fuel
additives market 163
TABLE 148 INDIA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 163
TABLE 149 INDIA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 164
TABLE 150 INDIA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (USD MILLION) 164
TABLE 151 INDIA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (USD MILLION) 165
TABLE 152 INDIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 165
TABLE 153 INDIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 165
TABLE 154 INDIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 166
TABLE 155 INDIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 166
9.3.4.4 Australia 166
9.3.4.4.1 Rising demand from mining and construction industries
to drive the market 166
TABLE 156 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2016–2019 (KILOTON) 167
TABLE 157 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY TYPE, 2020–2026 (KILOTON) 167
TABLE 158 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 168
TABLE 159 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 168
TABLE 160 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 169
TABLE 161 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 169
TABLE 162 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 169
TABLE 163 AUSTRALIA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 170
9.3.4.5 South Korea 170
9.3.4.5.1 Automotive and marine industries are propeling market growth in South Korea 170
TABLE 164 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (KILOTON) 170
TABLE 165 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (KILOTON) 171
TABLE 166 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2016–2019 (USD MILLION) 171
TABLE 167 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY TYPE,
2020–2026 (USD MILLION) 172
TABLE 168 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (KILOTON) 172
TABLE 169 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (KILOTON) 172
TABLE 170 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2016–2019 (USD MILLION) 173
TABLE 171 SOUTH KOREA: FUEL ADDITIVES MARKET SIZE, BY APPLICATION,
2020–2026 (USD MILLION) 173
9.4 EUROPE 174
9.4.1 IMPACT OF COVID–19 ON THE EUROPE FUEL ADDITIVES MARKET 174
FIGURE 53 EUROPE: FUE