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Petroleum Additives Market, Global Outlook and Forecast 2023-2029

Petroleum Additives Market, Global Outlook and Forecast 2023-2029

  • Published on : 20 May 2023
  • Pages :74
  • Report Code:SMR-7692943

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Report overview

Fuel additives are engineered to improve efficiency of fuels such as diesel, gasoline, and distillate fuels in several ways. Key functionality aspects of fuel additives include affecting burn and combustion rates, to work under high temperatures, to reduce harmful emissions and to improve fuel efficiency.
This report aims to provide a comprehensive presentation of the global market for Petroleum Additives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Petroleum Additives. This report contains market size and forecasts of Petroleum Additives in global, including the following market information:
Global Petroleum Additives Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Petroleum Additives Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Petroleum Additives companies in 2022 (%)
The global Petroleum Additives market was valued at US$ 24190 million in 2022 and is projected to reach US$ 29780 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Deposit Control Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Petroleum Additives include Afton Chemical, Akzo Nobel N.V., GE(Baker Hughes), BASF, Lanxess, Evonik Industries, Huntsman Corporation, Innospec and Petroliam Nasional Berhad (PETRONAS), etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Petroleum Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Petroleum Additives Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Petroleum Additives Market Segment Percentages, by Type, 2022 (%)
Deposit Control
Antioxidant
Corrosion
Inhibitor
Lubricity & Cetane Improvers
Others
Global Petroleum Additives Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Petroleum Additives Market Segment Percentages, by Application, 2022 (%)
Diesel
Gasoline
Aviation
Others
Global Petroleum Additives Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Petroleum Additives Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Petroleum Additives revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Petroleum Additives revenues share in global market, 2022 (%)
Key companies Petroleum Additives sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Petroleum Additives sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Afton Chemical
Akzo Nobel N.V.
GE(Baker Hughes)
BASF
Lanxess
Evonik Industries
Huntsman Corporation
Innospec
Petroliam Nasional Berhad (PETRONAS)
DowDuPont
Lubrizol Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Petroleum Additives, market overview.
Chapter 2: Global Petroleum Additives market size in revenue and volume.
Chapter 3: Detailed analysis of Petroleum Additives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Petroleum Additives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Petroleum Additives capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.