COVID-19 Recovery Analysis: Fuel Additives Market | Rising Demand For ULSD to Boost the Market Growth | Technavio | Coronavirus

September 27, 2020 steven

LONDON–(BUSINESS WIRE)–Sep 27, 2020–

Technavio has been monitoring the fuel additives market and it is poised to grow by $ 4.08 bn during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200927005010/en/

Technavio has announced its latest market research report titled Global Fuel Additives Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Afton Group, BASF SE, Chevron Corp., Clariant International Ltd., Cummins Inc., DuPont de Nemours Inc., Ecolab Inc., Evonik Industries AG, LyondellBasell Industries NV, and The Lubrizol Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Rising demand for ULSD has been instrumental in driving the growth of the market. However, the rising need for renewable clean fuel might hamper the market growth.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.Download a Free Sample Report on COVID-19 Impacts

Fuel Additives Market 2020-2024: Segmentation

Fuel Additives Market is segmented as below:

Type
- Deposit Control Additives
- Cetane Improvers
- Antioxidants
- Cold Flow Improvers
- Others
Application
- Diesel Fuel Additives
- Gasoline Fuel Additives
- Aviation Fuel Additives
- Others
Geography
- APAC
- Europe
- North America
- MEA
- South America

Fuel Additives Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fuel additives market report covers the following areas:

Fuel Additives Market Size
Fuel Additives Market Trends
Fuel Additives Market Industry Analysis

This study identifies the growing demand for fuel from end-user industries as one of the prime reasons driving the fuel additives market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Fuel Additives Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist fuel additives market growth during the next five years
Estimation of the fuel additives market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the fuel additives market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of fuel additives market vendors

Table of Contents:

Executive Summary

Market Landscape

Market ecosystem
Market characteristics
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Application

Market segments
Comparison by Application
Diesel fuel additives – Market size and forecast 2019-2024
Gasoline fuel additives – Market size and forecast 2019-2024
Aviation fuel additives – Market size and forecast 2019-2024
Others – Market size and forecast 2019-2024
Market opportunity by Application

Market Segmentation by Type

Market segments
Comparison by Type
Deposit control additives – Market size and forecast 2019-2024
Cetane improvers – Market size and forecast 2019-2024
Antioxidants – Market size and forecast 2019-2024
Cold flow improvers – Market size and forecast 2019-2024
Others – Market size and forecast 2019-2024
Market opportunity by Type

Customer Landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC – Market size and forecast 2019-2024
Europe – Market size and forecast 2019-2024
North America – Market size and forecast 2019-2024
MEA – Market size and forecast 2019-2024
South America – Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume driver-Demand led growth
Market challenges
Market trends

Vendor Landscape

Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Afton Group
BASF SE
Chevron Corp.
Clariant International Ltd.
Cummins Inc.
DuPont de Nemours Inc.
Ecolab Inc.
Evonik Industries AG
LyondellBasell Industries NV
The Lubrizol Corp.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200927005010/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: OIL/GAS ALTERNATIVE ENERGY MANUFACTURING ENERGY CHEMICALS/PLASTICS

SOURCE: Technavio Research

PUB: 09/27/2020 03:15 AM/DISC: 09/27/2020 03:15 AM