Oil and Gasoline Additive Market Oil and Gasoline Additive Market

Oil and Gasoline Additive Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2022
“Globally, market is predicted to generate massive revenue
over next five years, providing numerous opportunities for
market players to invest for research and development in
the oil and gasoline additive market.”
The global oil and gasoline additive market is expected to display higher growth rate over the next five years.
Rapid surge in the oil and gasoline additive market is credited to growing demand for deposit control,
antioxidants, and anti-corrosion additives. Oil & gasoline additives are capable of performing detergent action,
which significantly enhances engine performance and efficiency. In addition, oil & gasoline additive is
responsible for cleaning and lubricating the carburetor and injectors, which cases fuel to burn more efficiently,
thus providing higher power and less fuel consumption.
Globally, market is predicted to generate massive revenue over next five years, providing numerous
opportunities for market players to invest for research and development in the oil and gasoline additive market.
Increasing use of anti-oxidants in gasoline products leads to reduction in carbon emission, thus limiting harmful
effects. Higher approval rate from local as well as international authorities such as Environmental Protection
Agency (EPA), European Standards Organization (CEN) regulations and other, is expected to drive market
demand for oil & gasoline additive over the next seven years. Growing demand from diesel motor vehicles and
non-road, locomotive and marine diesel equipment engines due to compliance with the federal low sulfur
content requirements is anticipated to drive the growth of oil and gasoline additive market over the forecast
period.
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Oil & gasoline additives are gaining traction among various end-use vertical owing to its capability to enhance
the service life of equipment. Oil & gasoline additives forms a protective layer on the surface the service