Energy & Power Industry Reports Specialty Fuel Additives Market Report

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Specialty Fuel Additives Market Analysis, Size, Share, Growth and
Forecast 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.”
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.
The market is segmented on the basis of products, applications, and regions. Products encompass deposit
control additives, antioxidants, cetane improvers, cold flow improvers, lubricity improvers, corrosion
inhibitors, and others. Deposit control additives led the market in 2013, accounting for 40% volume share.
Cetane improvers, with 11% of the volumes, stood second.
Browse Details of Report @ https://www.hexaresearch.com/research-report/specialty-fuel-additives-
industry
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