The global specialty fuel additives market size was valued at USD 7.2 billion in 2018 and projected to register a significant CAGR of 6.1% during the forecast period 2020 to 2027. According to the Environmental Protection Act of the U.S., it is mandatory for heavy vehicles to use clean diesel with low sulfur content. It is expected to grow the market growth positively.

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The market is segmented on the basis of product type, application, and region. The deposit control additives segment is dominating the market with more than 20%market share and expected to grow at a significant growth rate. On the basis of application, the diesel segment is estimated to hold the largest market share in terms of revenue by 2018. Furthermore, North America was accounted to lead the specialty fuel additives market with more than 30% market share by revenue, globally.

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The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global specialty fuel additives market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.

Specialty Fuel Additives Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027.

Specialty Fuel Additives Market Segmentation:

By Product Type:

Cetane Improvers
Antioxidants
Deposit Control Additives
Lubricity Improvers
Cold Flow Improvers
Others

By Application:

Aviation Turbine Fuel
Gasoline
Diesel

List of Key Companies:

Innospec Inc.
Afton Chemical Corporation
Evonik Industries AG
Cummins Inc.
Dorf Ketal Chemicals Limited
BASF SE
Lubrizol Corporation
Others

Geographic Coverage:

North America
Europe
Asia-Pacific
Rest of The World

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