MARKET INTRODUCTION
Refinery fuel additives are the chemicals added to refinery fuels to increase their performance. This includes antioxidants, conductivity improvers, lubricity improvers, flow improvers, fuel dehazer, dewaxing aids, etc. Refinery fuel additives are mixed to improve operational performance at several stages in fuel processing and are used to produce middle distillates, gasoline, aviation fuel, and others.
MARKET DYNAMICS
Increasing demand for efficient fuels worldwide is the key factor driving the Refinery fuel additives market growth. Use of additives to improve fuel performance and thus, overall productivity is fueling the market growth. Also, ongoing research activities for the production of more advanced and efficient refinery fuels are anticipated to trigger market growth during the forecast period. Moreover, growing demand from emerging economies such as China and India is anticipated to provide growth opportunities for the key players operating in the global refinery fuel additives market. However, the high cost of refinery additives is restraining market growth.
MARKET SCOPE
The "Global Refinery Fuel Additives Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the refinery fuel additives market with detailed market segmentation by type and application. The global refinery fuel additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading refinery fuel additives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global refinery fuel additives market is segmented into type and application. By type, the refinery fuel additives market is classified into Antioxidant, Cold Flow Improvers, Conductivity Improvers, Dehazer, Lubricity Improvers, Others.By application, the refinery fuel additives market is classified into Gasoline, Diesel, Aviation Fuel, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global refinery fuel additives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The refinery fuel additives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the refinery fuel additives market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the refinery fuel additives market in these regions.
MARKET PLAYERS
The report covers vital developments in the refinery fuel additives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the refinery fuel additives market are anticipated to lucrative growth opportunities in the future with the rising demand for refinery fuel additives in the global market. Below mentioned is the list of few companies engaged in the refinery fuel additives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the refinery fuel additives market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Afton Chemical Corporation
- Innospec Inc.
- The Lubrizol Corporation
- BASF SE
- Infinieum Limited
- Evonik Industries AG
- Chevron Oronite Company LLC
- Cerion LLC
- Dorf Ketal Chemicals
- Cummins Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
TABLE OF CONTENTS
LIST OF TABLES
LIST OF FIGURES
The List of Companies
1.Afton Chemical Corporation
2.BASF SE
3.Cerion LLC
4.Chevron Oronite Company LLC
5.Cummins Inc.
6.Dorf Ketal Chemicals
7.Evonik Industries AG
8.Infinieum Limited
9.Innospec Inc.
10.The Lubrizol Corporation