According to a market report by Lucintel, the future of the global fuel additive market looks promising with opportunities in the diesel, gasoline, and aviation fuel markets. The global fuel additive market is expected to reach an estimated $8 billion by 2030 from $6 billion in 2023 at a CAGR of 3.6% from 2023 to 2030. The major drivers for this market are growing emphasis on improving fuel economy in transportation, rising global vehicle ownership & usage, and increasing demand for battery electric vehicles.

A more than 150-page report to understand trends, opportunity and forecast in fuel additive market to 2030 by type (deposit control additives, cetane improvers, lubricity improvers, cold flow improvers, stability improvers, octane improvers, corrosion inhibitors, anti-icing fuel additives, and others), application (diesel, gasoline, aviation fuel, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that lubricity improver is expected to witness the highest growth over the forecast period.

Within this market, diesel will remain the largest segment.

Download sample by clicking on fuel additive market.

Afton Chemical Corporation, The Lubrizol Corporation, Innospec, BASF are the major suppliers in the fuel additive market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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