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Biofuel Additives Market by Product & Data Validation, Analysis and Forecast 2022

Thursday, January 12, 2017 23:36
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(Before It's News)

According to Publisher, the Global Biofuel Additives Market is accounted for $4,424 million in 2015 and is expected to reach $12,340 million by 2022 growing at a CAGR of 15.8% during the forecast period. Increasing biofuel usage owing to decreasing reliance on the oil producing countries and supportive government regulations are the key factors fueling the market growth. High cost of these additives may impede the market growth during the forecast period. Furthermore, increasing demand for biofuel additives in emerging regions is anticipated to provide growth opportunities for this market.

Detergents and dispersants segment lead the global biofuel additives market in 2015 and is expected to grow at a strong CAGR among the other products. Smoother fuel injection, better combustion and decreased emission are the various advantages obtained by the adding detergents & dispersants. North America accounted for the largest share in biofuel additives market due to higher production and consumption of biofuels. However, Asia Pacific is expected to witness highest growth on account of increasing demand from emerging countries such as China and India. 

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Some of the key players in the market include Evonik Industries AG, NALCO, BASF, OBR Joint Stock Company, Chemiphase Ltd., E-ZOIL Products, Inc., The Lubrizol Corporation, Chevron Oronite Company LLC., Biofuel Systems Group Ltd., Infineum, Afton Chemical, The Lubrizol Corporation, Eastman Chemical Company, Clariant AG and Fuel Quality Services, Inc. (FQS).

Product Type Covered:
-Cold Flow Improvers
-Lubricity Improvers
-Cetane Improvers
-Corrosion Inhibitors
-Detergents & Dispersants & Dispersants
-Octane Improvers
-Dyes & Markers
-Other Product Types

Application Covered:
-Diesel fuel additives 
-Heavy fuel oil additives 
-Shipping fuel additives 
-Gasoline fuel additives 
-Other Applications

Biofuel type Covered:

Regions Covered:
-North America
-Rest of Europe 
-Asia Pacific
-New Zealand 
-Rest of Asia Pacific
-Rest of the World
-Middle East
-South Africa

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10 Company Profiling 
10.1 Evonik Industries AG
10.2 NALCO 
10.3 BASF 
10.4 OBR Joint Stock Company 
10.5 Chemiphase Ltd. 
10.6 E-ZOIL Products, Inc.
10.7 The Lubrizol Corporation 
10.8 Chevron Oronite Company LLC. 
10.9 Biofuel Systems Group Ltd.
10.10 Infineum 
10.11 Afton Chemical 
10.12 The Lubrizol Corporation
10.13 Eastman Chemical Company 
10.14 Clariant AG 
10.15 (FQS) Fuel Quality Services, Inc. 

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