The Key Players in Global Fuel Additives Market 2015-2019, According to a New Study on ASDReports
Monday 18 January 2016, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Fuel Additives Market: Afton, BASF, Chevron Oronite, Clariant, Infineum, Lubrizol and Nalco
Other Prominent Vendors in the market are: Cerion Energy, Chemtura, Energenics Europe, Evonik, Innospec,Fuel Performance, and Total.
Commenting on the report, an analyst said: “Jet biofuels are considered as one of the means to reduce the emission levels of carbon dioxide. Jet biofuels have been in use since July 2011, and jet fuel manufacturers are aiming to use them to make aircraft more fuel-efficient. The use of sustainable aviation biofuels will help decrease carbon emissions and require continued use of the relevant fuel additives.”
According to the report, in order to reduce the overall consumption of different petroleum products biofuel regulations have been adopted by many countries. The levels of ethanol and biodiesel are increased in order to meet the targeted levels of biofuels. It is expected that ethanol and biodiesel will have a considerable impact on demand for fuel additives leading to the increased use of antioxidants, corrosion inhibitors, cold flow improvers, and other products.
Further, the report states that increased adoption of hybrid electric vehicles hinders the market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Global Fuel Additives Market 2015-2019
Publish date : January 2016
Report code : ASDR-252589
Pages : 113