Axiom Market Research & Consulting published an, “Specialty Fuel Additives Market Report, By Product, Application, and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024”
Specialty fuel additives are one of the most prolific innovations of liquid engineering as well as material science, giving natural fuel sources additional properties.

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Specialty Fuel Additives Market Analysis:
Fuel additives are mainly associated with additives to gasoline and oil-based fuels, the revolution around additives has a broader impact of being able to change, alter or boost specific attributes of a fuel whether liquid, solid or gas.
Specialty additives are developed to increase combustion rates, as anti-oxidants, to effect burn rates, to enable fuels to work under harsh temperatures, reduce harmful emissions and more.

The global specialty fuel additives market has gained sustainable growth owing to increasing demand for clean & efficient fuel. Furthermore, the overall market is also being propelled by the swiftly increasing demand generated from emerging countries.
The market is further boosted by technological advancements in specialty fuel additives by various vendors across the globe. Some of the prominent trend witnessed by the market includes increase in demand for ultra-low-sulphur diesel (ULSD) in specialty fuel additives.

Specialty Fuel Additives Market Segmentation:

SFA Market Product:
Based on product, the global specialty fuel additives market is segmented into deposit control additives, cetane improvers, antioxidants, lubricity improvers, cold flow improvers, corrosion inhibitors, others (metal deactivators, octane enhancers etc.).

SFA Market Application:
Based on application, the specialty fuel additives market is divided into gasoline, diesel, aviation turbine fuel and others.

SFA Market Geography:
By geography, specialty fuel additives market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and rest of the world regions which includes Latin America, and Middle East & Africa. North America is estimated to account for the largest share, followed by Asia-Pacific and Europe.

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Specialty Fuel Additives Market Players:
Some of the market players in the specialty fuel additives market include Albemarle Corp, Baker Hughes Inc., BASF SE, Chemtura Corporation, Chevron Oronite Company LLC, Clariant Corporation, Evonik Industries AG, Infineum International Ltd., Innospec Inc., The Dow Chemical Company, The Lubrizol Corporation, TOTAL SA among others.

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