Analytics, Research & Consulting Cetane Number Improver Market Outlook by 2023 | Page 4

    Petroleum Diesel accounts for 99% of the total CNI market whereas biodiesel is a very niche market, and is growing rapidly as environmental concerns and climate change is compelling countries to reduce greenhouse gas (GHG) emissions. APAC is the major producer and consumer of CNI across the world. Growth in APAC is propelled by the growing markets in China and India. Although CNI market for biodiesel is at a neophyte stage, but it has huge potential to grow in the future as technological developments will accelerate its growth at a higher level. Increase in Passenger Fleet is driving the Cetane Number Improver Market. Contact : [email protected]