Energy & Power Industry Reports Specialty Fuel Additives Market Insights to 2024
Hexa Research
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Specialty Fuel Additives Market Share, Size, Analysis, Growth,
Trends and Forecasts, 2016 to 2024 | Hexa Research
Global specialty fuel additives market generated volumes of 1.56 million tons in 2015.
Its revenues are projected to reach USD 10.5 billion by 2024. This can be attributed to
rising penetration of alternative fuels and higher focus on sustainable practices.
Regions like the EU, China, and U.S. are highly conscious of protecting our
environment. They have introduced regulations that encourage the adoption of
sustainable resources. This trend is expected to spread to others geographies as well,
having a favorable impact on demand for specialty fuel additives.
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The market is segmented on the basis of products, applications, and regions. Pro ducts
encompass deposit control additives, antioxidants, cetane improvers, cold flow
improvers, lubricity improvers, corrosion inhibitors, and others. Deposit control additives
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