North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - PowerPoint PPT Presentation

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North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017

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Title: North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017


1
Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
  • North America Fuel Additives Market is Expected
    to Reach 8,100 Million by 2017

2














Browse through the market data tables, figures
and detailed ToC on the North America Fuel
Additives Market. http//www.micromarketmonitor
.com/market/north-america-fuel-additives-433818539
8.html
3

  • The fuel additives market is estimated to grow
    from 5,740.0 million in 2014 to 8,100 million
    by 2017, at a CAGR of 7.1, from 2014 to 2019.
  • The market is expected to reach 2,310.1 million
    in Asia-Pacific by 2019, at a CAGR of 8.03 from
    2014 to 2019.
  • By 2019, North America is projected to lose its
    current position in the ranking and also a chunk
    of its present share to become number two with
    28.01 market share.
  • Europe will be confined to the third position
    with 24.2 market share.
  • North America will have a consumption of 59.4 KT
    by 2019 at a growth rate of 2.40 from 2014 to
    2019 and a market value of 297.4 million, at a
    CAGR of 5.71, from 2014 to 2019.

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  • The growing trend of improving fuel efficiency
    and stringent environmental regulations, are
    contributing to the growth of the fuel additives
    market.
  • Fuel additives are chemicals, which are added to
    various fuels such as gasoline, diesel, jet fuel,
    kerosene, and so on, in order to enhance their
    performance.
  • Fuel additives are also responsible for reducing
    the corrosion effects caused by fuels and
    improving the combustion properties of fuels.
  • Additives, when added to any fuel, provide
    economies of scale in the long run, but, in the
    short run, these escalate the overall cost of the
    fuel products.
  • The various fuel additive types include deposit
    controllers, cetane improvers, fuel dyes and
    markers, antioxidants, cold flow improvers,
    corrosion inhibitors, lubricity improvers, anti
    icing, and octane improvers, among others.

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Asia-Pacific Fuel Additives Market
  • Asia-Pacific will have the fastest CAGR during
    the next five years, primarily due to the
    increase in fuel consumption.
  • North America will have a market of 2269.3
    million by 2019, at a growth rate of 7.06 from
    2014 to 2019, due to the effect of the stricter
    environmental regulations imposed by EIA.
  • Asia-Pacific is the global engine of economic
    growth and is expected to contribute more than
    45 of the global energy-related CO2 emissions by
    2030, and an estimated 60 by the year 2100.
  • However, there are encouraging signs like
    voluntary pledges by 10 countries to reduce their
    emissions by 2020.
  • http//www.micromarketmonitor.com/market/asia-paci
    fic-fuel-additives-4780884399.html

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Middle East and Africa Fuel Additives Market
  • The African Middle Eastern markets are likely
    to be better for the fuel additives market due to
    the significant growth in fuel demand in the
    transport sector in the region.
  • Due to the development of the South American
    economies, the fuel additives market also
    experiences overall growth in the market size.
  • The MEA region is expected to have a growth rate
    of 6.69 from 2014 to 2019, to reach 136.1
    million by 2019 by value, and 26.7 KT in terms of
    volume by 2019, at a CAGR of 3.39.
  • http//www.micromarketmonitor.com/market/middle-ea
    st-and-africa-fuel-additives-8557125676.html

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MicroMarketMonitor provides deep dive insight
into 5000 granular markets along with the
updates. The MMM Reports are uniquely
differentiated by its ecosystem analysis (value
chain) analysis for each granular market. It
provides pictorial methodology along with the
market sizing at each market capturing all
dependent markets (demand side), macro indicators
(demand side), and supply side company data. The
Report Plots all the dependent cascaded market
with their growth/slow down indicators, which
influences revenues of the targeted market. The
report provides you competitive landscape,
competitive profile along with the competitive
SWOT analysis. The report also provides Customer
landscape identifying the top customers for the
target market. It plots market landscape of the
technologies, ingredients, vendors servicing the
target market including the cannibalization of
the prevailing technologies/products.
About MicroMarket Monitor
8
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