According to the most recent analysis by Emergen Research, the global market for fuel performance additives had a value of USD 6.01 billion in 2021 and is anticipated to grow at a rate of 4.15% during the projected period. Government policies that favour increased fuel efficiency are a key driver in the market's revenue growth. Fuel additives are chemicals that boost the functionality and calibre of the fuels used in autos. By increasing a gasoline's octane rating, serving as corrosion inhibitors, lubricants, or both, they make it possible to employ greater compression ratios for better economy and power.

Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.

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Key companies operating in the Fuel Performance Additives market include:

BASF SE, Evonik, Afton Chemical, LANXESS, The Lubrizol Corporation, Dorf Ketal, Cummins Inc., Chevron Corporation, ChemPoint, Solvay, Dow

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Fuel Performance Additives market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Fuel Performance Additives Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Fuel Performance Additives Market Segmentation:

• Type Outlook (Revenue, USD Billion; 2019–2030)

  • Deposit Control Additives
  • Lubricity Improvers
  • Antioxidants
  • Cold Flow Improvers
  • Anticorrosion
  • Cetane Improvers
  • Antiknock Agents
  • Gasoline Stabilizers
  • Octane Boosters
  • Others

• Application Outlook (Revenue, USD Billion; 2019–2030)

  • Gasoline
  • Aviation Fuel
  • Diesel
  • Others

• End-use Outlook (Revenue, USD Billion; 2019–2030)

  • Chemical & Petrochemical
  • Automotive
  • Oil & Gas
  • Power & Energy
  • Food & Beverages
  • Others

Fuel Performance Additives Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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