Biofuel Additives Business is Estimated to Generate a Revenue of $8.4 Billion by 2020 - IndustryARC

Posted January 25, 2016 by chemicalsiarc

Increasing Demand for Efficient Biofuel is pushing the market of Biofuel Additives ahead.

A [b]Biofuel[/b] is a fuel that is produced through contemporary biological processes, such as agriculture and anaerobic digestion unlike normal fuels which are derived in the form of fossil fuels, such as coal, petroleum from prehistoric biological matter. Biofuels can also be derived directly from plants, or indirectly from agricultural, commercial, domestic wastes.

Similarly like [b]Fuel Additives[/b], Biofuels also have additives to improve their efficiency. These additives are called as [b]Biofuel Additives[/b]. Raising environmental concerns are the main factors for increase in usage of [b]Biofuel Additives[/b].

[b]To Know More about”Biofuel Additives Market”, Follow Below Report Link:[/b]

[b]Nature of the Market:[/b]
Due to the increasing awareness among people about the importance of environmental protection, there is a high demand for Biofuel Additives in the past few years.

The [b]Global Biofuel Additives Market[/b] is estimated to register a [b]CAGR of 6.7%[/b] between [b]2015 and 2020[/b], to reach [b]$8.4 billion by 2020[/b].

[b]Market Driving Factors:[/b]
• Increase in Environmental Concerns is the main factor contributing to the growth of biofuel additives market.
• Worldwide increase in usage of Biofuel among major industries like Transportation, Manufacturing etc. has impacted the market in a positive manner.
• Demand for more efficiency in fuel is also increasing the usage of Biofuel Additives.

[b]Market Segmentation:[/b]
The Global Biofuel Additives Market is segmented based on following factors.
1. By Type: Anti-Oxidants, Detergents, Dispersants, Lubricity Improvers and More.
2. By Application: Automotive, Industrial, Others.
3. By Geography: Americas, Europe, Asia-pacific and Rest of the World.

[b]Report Scope:[/b]
This study analyzes, estimates, and forecasts the Global Biofuel Additives Market from the demand perspective in terms of Volume (Kilo tons) and revenue (USD million) from 2015 to 2020. The report also analyzes several market drivers and restraints along with their impact on the market during the forecast period.

[b]Key Market Players:[/b]
Few leading competitors in the Biofuel Additives Market are mentioned below:
• The Lubrizol Corporation
• Chemiphase Ltd.
• Clariant AG
• Eastman Chemical Company

[b]Download Sample PDF Brochure of the Premium Report @[/b]

[b]About IndustryARC:[/b]
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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Phone +1-614-588-8538 (101)
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Categories Business , Energy , Industry
Tags biodiesel additives , biodiesel treatment , biofuel additives , biofuel additives market , diesel additives , ethanol additives , fuel additives , fuel additives market
Last Updated January 25, 2016