Cetane Number Improver Market is Estimated to Generate $825 Million in Sales by 2020 - IndustryARC


Posted May 18, 2016 by chemicalsiarc

Increasing demand for diesel vehicles in Asia-Pacific is driving the Cetane Number Improver Market to reach $825 Million in sales by 2020.

 
[b]Cetane Number Improver (CNI)[/b] is a type of additive which is basically used to raise the cetane number and for the complete combustion of diesel fuel. Cetane improver can be added to the fuel at diverse stages such as in oil refinery, tank-farms, fuel distribution systems and as after-market products.

According to a recent study from [b]IndustryARC[/b], the global [b]Cetane Number Improver Market[/b] was around [b]$611 Million[/b] in 2014, where the oil refinery market type accounted for around 88% of market share. The average treat rate of cetane number improver used in oil refinery is 200 parts per million of the total volume of diesel fuel in order to raise 1 point of cetane number.

The global [b]Cetane Number Improver Market[/b] is estimated to generate [b]$825 Million[/b] by [b]2020[/b].


[b]To Avail a Sample Brochure on “Cetane Number Improver Market”, Follow the Below Link:[/b]
http://www.industryarc.com/pdfdownload.php?id=6439


Diesel engines operating on low cetane number diesel fuel protracts ignition, produce noise and emit white smoke with hydrocarbon pollutants and consume extra fuel than required. These types of diesel fuels contain large quantities of aromatics and smaller quantity of alkanes, alkenes and naphthenes. Thus, government authorities are focusing on fuel specifications and as a result, stringent regulations for minimum cetane number have been framed, which varies from region to region.

[b]Asia-Pacific (APAC)[/b] region was the leading market with around $234 Million revenue in 2014, projected to upsurge at a higher CAGR of 7.2% for the forecast period 2014-20.

The major players in the Cetane Number Improver Market include:
• Innospec Incorporation
• EPC-UK PLC
• VeryOne(Eurenco Limited)
• NITROERG SA
• Kutch Chemicals

The global Cetane Number Improver Market report provides detailed analysis of the different types of diesel, end-users and geography. The end-user industries are incorporated in the report includes:
• Oil Refineries
• Automotive Manufacturing
• Agriculture
• Marine
• Power Generators
• Others

The market is also presented from the perspective of different geographic regions and the key countries for above mention end-user industries. Competitive landscape for after-market products is highlighted in product-benchmarking section and major market players are profiled.


[b]For Report Description, Table of Contents & Customization Options, Follow the Below Report Link:[/b]
http://industryarc.com/Report/6439/Cetane-Improver-Market-Research-Report.html


[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.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.


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Categories Business , Energy , Industry
Tags cetane booster , cetane number improver market , diesel cetane booster , diesel fuel additive , diesel fuel additives , diesel fuel supplement
Last Updated May 18, 2016