The Fuel Additives Market size is projected to grow at CAGR 3.01% rate between 2021 and 2026. Growth in automotive industry drives the demand for fuel additives. Increased production of passenger cars, light commercial vehicles, and heavy commercial vehicles led to increase in demand for gasoline and diesel and, consequently, drive the demand for fuel additives.

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North America is estimated to be the largest market for fuel additives, in terms of value during the forecast period. Stringent environmental regulations are the reason for the dominance of North America fuel additives market. The North American market is highly regulated with the Environment Protection Agency (EPA) playing a key role in the monitoring and commercialization of fuel additives products.

The prominent players in the Global Fuel Additives Market are Afton Chemical Corporation (US), Innospec Inc. (US), The Lubrizol Corporation (US), BASF SE (Germany), Infinieum Limited (UK), Evonik Industries AG (Germany), Chevron Oronite Company LLC (US), Lanxess (Germany), Dorf Ketal Chemicals (India), Cummins Inc. (US), and Cerion LLC (US).

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