Specialty Fuel Additives Market Analysis And Segment Forecasts To 2020

Published: Mar, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Energy | Report Format: Electronic (PDF)

The global market for specialty fuel additives is expected to reach USD 8,517.6 million by 2020. Dynamic regulatory trends, particularly in North America and Europe has prompted fuel marketers to use specialty fuel additives which is expected remain a key driving factor for the market over the forecast period. In addition, ban on MTBE in the U.S. is expected to further push the demand for fuel additives over the next six years. However, emergence of alternative fuel such as autogas (LPG) and CNG owing to eco friendly characteristics is expected to hamper the market growth over the next six years.

Deposit control additives emerged as the leading market products and accounted for 39% of total global volume in 2013. Increasing demand for detergent as an additive is expected to fuel the demand for deposit control additives over the forecast period. However, cold flow improvers are expected to be the fastest growing product segment at an estimated CAGR of 7.9% from 2014 to 2020. Positive outlook on biodiesel demand, especially in regional markets of North America and Europe is expected to boost cold flow improver sales over the next six years. The global demand for cetane improvers is projected to reach 209.6 kilo tons by 2020, at an estimated CAGR of 5.7% from 2014 to 2020.

Further key findings from the study suggest:

The global market for specialty fuel additives was 1,383.4 kilo tons in 2013 and is expected to reach 2,066.4 kilo tons by 2020, growing at a CAGR of 46% from 2014 to 2020.
Gasoline dominated the global application market for specialty fuel additives, accounting for 46.2% of total market volume in 2013. High gasoline demand, mainly in the U.S. is expected to drive the demand for specialty fuel additives used in gasoline. However, owing to surging demand for ULSD, diesel is expected to surpass gasoline to emerge as the leading application market for specialty fuel additives by 2020. On the aforementioned factors, diesel is also expected to be the fastest growing application market for specialty fuel additives at an estimated CAGR of 6.5% from 2014 to 2020.
North America dominated the global market for specialty fuel additives and accounted for 27.8% of total market volume in 2013. Clean fuel program initiated by the U.S. EPA is expected to drive the regional demand for specialty fuel additives. However, rapid strides by countries such as India and China in fuel consumption are expected to turn Asia Pacific as the most attractive market which is projected to grow at an estimated CAGR of 7% from 2014 to 2020. In addition, Asia Pacific is expected to surpass North America to become the largest market for specialty fuel additives by 2020.
Global market for specialty fuel additives is moderately concentrated with top four companies including NewMarket, Innospec, BASF and Infineum accounting for 48.5% of total market in 2013. Other companies operating in the global specialty fuel additives market include, Lubrizol, Baker Hughes, Chevron Oronite, Albemarle, Chemtura, Clariant, Dow Chemical Company, Evonik Industries, Eurenco, Total Additives & Special Fuels, Dorf Ketal and NALCO Champion among others.
For the purpose of this study, Grand View Research has segmented the global specialty fuel additives market on the basis of product, application and region:

Global Specialty Fuel Additives Product Outlook (Volume, Kilo Tons; Revenue, USD million)
Deposit Control Additives
Cetane Improvers
Antioxidants
Lubricity Improvers
Cold Flow Improvers
Corrosion Inhibitors
Others
Global Specialty Fuel Additives Application Outlook (Volume, Kilo Tons; Revenue, USD million)
Gasoline
Diesel
Aviation Turbine Fuel (ATF)
Others
Specialty Fuel Additives Regional Outlook
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

 Table of Contents
Chapter 1 Executive Summary

                1.1 Specialty Fuel Additives - Industry Summary & Critical Success Factors (CSFs)       

Chapter 2 Specialty Fuel Additives Industry Outlook                                                

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 Specialty Fuel Additives - Value Chain Analysis                                     

                2.4 Specialty Fuel Additives Market Dynamics                                            

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 Specialty Fuel Additives - Company Market Share Analysis

                2.8 Specialty Fuel Additives - PESTEL Analysis                                          

Chapter 3 Specialty Fuel Additives Product Outlook                                                

                3.1 Deposit Control Additives

                3.2 Cetane Improvers

                3.3 Antioxidants

                3.4 Lubricity Improvers

                3.5 Cold Flow Improvers

                3.6 Corrosion Inhibitors

                3.7 Other (Including Dyes & Markers and Metal Deactivators, etc.)                        

Chapter 4 Specialty Fuel Additives Application Outlook                                                       

                4.1 Gasoline

                4.2 Diesel

                4.3 Aviation Turbine Fuel (ATF)

                4.4 Other (Including Marine Oil and Heating Oil)

Chapter 5 Specialty Fuel Additives Regional Outlook                                                          

                5.1 North America                                         

                5.2 Europe                                         

                5.3 Asia Pacific                                  

                5.4 Middle East and Africa

                5.5 Latin America       

Chapter 6 Specialty fuel additives Competitive Landscape

                6.1 Albemarle

                    6.1.1 Company Overview

                    6.1.2 Financial Performance

                    6.1.3 Product Benchmarking

                    6.1.4 Strategic Initiatives

                6.2 Baker Hughes

                    6.2.1 Company Overview

                    6.2.2 Financial Performance

                    6.2.3 Product Benchmarking

                    6.2.4 Strategic Initiatives

                6.3 BASF

                    6.3.1 Company Overview

                    6.3.2 Financial Performance

                    6.3.3 Product Benchmarking

                    6.3.4 Strategic Initiatives

                6.4 Chemtura

                    6.4.1 Company Overview

                    6.4.2 Financial Performance

                    6.4.3 Product Benchmarking

                    6.4.4 Strategic Initiatives

                6.5 Chevron Oronite

                    6.5.1 Company Overview

                    6.5.2 Financial Performance

                    6.5.3 Product Benchmarking

                    6.5.4 Strategic Initiatives

                6.6 Clariant

                    6.6.1 Company Overview

                    6.6.2 Financial Performance

                    6.6.3 Product Benchmarking

                    6.6.4 Strategic Initiatives

                6.7 Dorf Ketal

                    6.7.1 Company Overview

                    6.7.2 Financial Performance

                    6.7.3 Product Benchmarking

                    6.7.4 Strategic Initiatives

                6.8 Eurenco

                    6.8.1 Company Overview

                    6.8.2 Financial Performance

                    6.8.3 Product Benchmarking

                    6.8.4 Strategic Initiatives

                6.9 Evonik Industries

                    6.9.1 Company Overview

                    6.9.2 Financial Performance

                    6.9.3 Product Benchmarking

                    6.9.4 Strategic Initiatives

                6.10 Infineum

                    6.10.1 Company Overview

                    6.10.2 Financial Performance

                    6.10.3 Product Benchmarking

                    6.10.4 Strategic Initiatives

                6.11 Innospec

                    6.11.1 Company Overview

                    6.11.2 Financial Performance

                    6.11.3 Product Benchmarking

                    6.11.4 Strategic Initiatives

                6.12 Lubrizol

                    6.12.1 Company Overview

                    6.12.2 Financial Performance

                    6.12.3 Product Benchmarking

                    6.12.4 Strategic Initiatives

                6.13 NALCO Champion

                    6.13.1 Company Overview

                    6.13.2 Financial Performance

                    6.13.3 Product Benchmarking

                    6.13.4 Strategic Initiatives

                6.14 NewMarket (Including Afton Chemical)

                    6.14.1 Company Overview

                    6.14.2 Financial Performance

                    6.14.3 Product Benchmarking

                    6.14.4 Strategic Initiatives

                6.15 The Dow Chemical Company

                    6.15.1 Company Overview

                    6.15.2 Financial Performance

                    6.15.3 Product Benchmarking

                    6.15.4 Strategic Initiatives

                6.16 Total Additives & Special Fuels

                    6.16.1 Company Overview

                    6.16.2 Financial Performance

                    6.16.3 Product Benchmarking

                    6.16.4 Strategic Initiatives

Chapter 7 Methodology and Scope                                                   

                7.1 Research Methodology                                       

                7.2 Research Scope & Assumption                                      

                7.3 List of Data Sources        


List of Tables


1. Global specialty fuel additives market volume and revenue, 2012 - 2020
2. Global specialty fuel additives market volume by region, (Kilo Tons), 2012 - 2020
3. Global specialty fuel additives market revenue by region, (USD million), 2012 - 2020
4. Global specialty fuel additives market volume by product, (Kilo Tons), 2012 - 2020
5. Global specialty fuel additives market revenue by product, (USD million), 2012 - 2020
6. Global specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
7. Global deposit control additives market volume & revenue (Kilo Tons), (USD million), 2012-2020
8. Global deposit control additives market volume by region, (Kilo Tons), 2012-2020
9. Global deposit control additives market revenue by region, (USD million), 2012-2020
10. Global cetane improvers market volume & revenue (Kilo Tons), (USD million), 2012-2020
11. Global cetane improvers market volume by region, (Kilo Tons), 2012-2020
12. Global cetane improvers market revenue by region, (USD million), 2012-2020
13. Global antioxidants market volume & revenue (Kilo Tons), (USD million), 2012-2020
14. Global antioxidants market volume by region, (Kilo Tons), 2012-2020
15. Global antioxidants market revenue by region, (USD million), 2012-2020
16. Global lubricity improvers market volume & revenue (Kilo Tons), (USD million), 2012-2020
17. Global lubricity improvers market volume by region, (Kilo Tons), 2012-2020
18. Global lubricity improvers market revenue by region, (USD million), 2012-2020
19. Global cold flow improvers market volume & revenue (Kilo Tons), (USD million), 2012-2020
20. Global cold flow improvers market volume by region, (Kilo Tons), 2012-2020
21. Global cold flow improvers market revenue by region, (USD million), 2012-2020
22. Global corrosion inhibitors market volume & revenue (Kilo Tons), (USD million), 2012-2020
23. Global corrosion inhibitors market volume by region, (Kilo Tons), 2012-2020
24. Global corrosion inhibitors market revenue by region, (USD million), 2012-2020
25. Global other specialty fuel additives market volume & revenue (Kilo Tons), (USD million), 2012-2020
26. Global other specialty fuel additives market volume by region, (Kilo Tons), 2012-2020
27. Global other specialty fuel additives market revenue by region, (USD million), 2012-2020
28. Global specialty fuel additives market volume & revenue from gasoline, 2012 - 2020 (Kilo Tons) (USD million)
29. Global specialty fuel additives market volume from gasoline by region, 2012 - 2020 (Kilo Tons) 
30. Global specialty fuel additives market revenue from gasoline by region, 2012 - 2020 (USD million)
31. Global specialty fuel additives market volume & revenue from diesel, 2012 - 2020 (Kilo Tons) (USD million)
32. Global specialty fuel additives market volume from diesel by region, 2012 - 2020 (Kilo Tons) 
33. Global specialty fuel additives market revenue from diesel by region, 2012 - 2020 (USD million)
34. Global specialty fuel additives market volume & revenue from ATF, 2012 - 2020 (Kilo Tons) (USD million)
35. Global specialty fuel additives market volume from ATF by region, 2012 - 2020 (Kilo Tons) 
36. Global specialty fuel additives market revenue from ATF by region, 2012 - 2020 (USD million)
37. Global specialty fuel additives market volume & revenue from other fuels, 2012 - 2020 (Kilo Tons) (USD million)
38. Global specialty fuel additives market volume from other fuels by region, 2012 - 2020 (Kilo Tons) 
39. Global specialty fuel additives market revenue from other fuels by region, 2012 - 2020 (USD million)
40. North America specialty fuel additives market volume by product, (Kilo Tons), 2012 - 2020
41. North America specialty fuel additives market revenue by product, (USD million), 2012 - 2020
42. North America specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
43. North America specialty fuel additives market revenue by application, (USD million), 2012 - 2020
44. Europe specialty fuel additives market volume by product, (Kilo Tons), 2012 - 2020
45. Europe specialty fuel additives market revenue by product, (USD million), 2012 - 2020
46. Europe specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
47. Europe specialty fuel additives market revenue by application, (USD million), 2012 - 2020
48. Asia Pacific specialty fuel additives market volume by product, (Kilo Tons), 2012 - 2020
49. Asia Pacific specialty fuel additives market revenue by product, (USD million), 2012 - 2020
50. Middle East & Africa specialty fuel additives market volume by product, (Kilo Tons), 2012 - 2020
51. Middle East & Africa specialty fuel additives market revenue by product, (USD million), 2012 - 2020
52. Latin America specialty fuel additives market volume by product, (Kilo Tons), 2012 - 2020
53. Latin America specialty fuel additives market revenue by product, (USD million), 2012 - 2020
54. Latin America specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
55. Latin America specialty fuel additives market revenue by application, (USD million), 2012 - 2020


List of Figures

1. Specialty fuel additives industry summary & critical success factors (CSFs)
2. Specialty fuel additives market segmentation
3. Global specialty fuel additives market (volume & revenue), 2012 - 2020
4. Global specialty fuel additives market volumes growth by region, (Kilo Tons), 2012 - 2020
5. Global specialty fuel additives market volumes growth by product, (Kilo Tons), 2012 - 2020
6. Global specialty fuel additives market volumes growth by application, (Kilo Tons), 2012 - 2020
7. Specialty fuel additives - Value chain analysis 
8. Specialty fuel additives market dynamics
9. Specialty fuel additives company market share analysis, 2013
10. Key opportunities prioritized
11. Industry analysis - Porter's
12. Specialty fuel additives PESTEL analysis, 2012
13. Specialty fuel additives market volume share by product, 2012 & 2020
14. Global deposit control additives market volume & revenue (Kilo Tons), (USD million), 2012-2020
15. Global cetane improvers market volume & revenue (Kilo Tons), (USD million), 2012-2020
16. Global antioxidants market volume & revenue (Kilo Tons), (USD million), 2012-2020
17. Global lubricity improvers market volume & revenue (Kilo Tons), (USD million), 2012-2020
18. Global cold flow improvers market volume & revenue (Kilo Tons), (USD million), 2012-2020
19. Global corrosion inhibitors market volume & revenue (Kilo Tons), (USD million), 2012-2020
20. Global other specialty fuel additives market volume & revenue (Kilo Tons), (USD million), 2012-2020
21. Specialty fuel additives market volume share by application, 2012 & 2020
22. Global specialty fuel additives market volume & revenue from gasoline (Kilo Tons), (USD million), 2012-2020
23. Global specialty fuel additives market volume & revenue from diesel (Kilo Tons), (USD million), 2012-2020
24. Global specialty fuel additives market volume & revenue from ATF (Kilo Tons), (USD million), 2012-2020
25. Global specialty fuel additives market volume & revenue from other fuels (Kilo Tons), (USD million), 2012-2020
26. Specialty fuel additives market volume share by region, 2012 & 2020
27. North America specialty fuel additives market volume by product, (Kilo Tons), 2012-2020
28. North America specialty fuel additives market revenue by product, (USD million), 2012-2020
29. North America specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
30. North America specialty fuel additives market revenue by application, (USD million), 2012 - 2020
31. Europe specialty fuel additives market volume by product, (Kilo Tons), 2012-2020
32. Europe specialty fuel additives market revenue by product, (USD million), 2012-2020
33. Europe specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
34. Europe specialty fuel additives market revenue by application, (USD million), 2012 - 2020
35. Asia Pacific specialty fuel additives market volume by product, (Kilo Tons), 2012-2020
36. Asia Pacific specialty fuel additives market revenue by product, (USD million), 2012-2020
56. Asia Pacific specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
57. Asia Pacific specialty fuel additives market revenue by application, (USD million), 2012 - 2020
37. Middle East & Africa specialty fuel additives market volume by product, (Kilo Tons), 2012-2020
58. Middle East & Africa specialty fuel additives market revenue by product, (USD million), 2012-2020
59. Middle East & Africa specialty fuel additives market volume by application, (Kilo Tons), 2012 - 2020
60. Middle East & Africa specialty fuel additives market revenue by application, (USD million), 2012 - 2020
61. Latin America specialty fuel additives market volume by product, (Kilo Tons), 2012-2020
62. Latin America specialty fuel additives market revenue by product, (USD million), 2012-2020
63. Latin America specialty fuel additives market volume by product, (Kilo Tons), 2012-2020
64. Latin America specialty fuel additives market revenue by product, (USD million), 2012-2020