Nov. 14, 2012
/PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Fuel Additives Market - By Diesel, Gasoline & Aviation Applications, Types (Deposit control, Antioxidant, Corrosion inhibitor, Lubricity and Cetane improvers) – Global Trends & Forecast to 2017
Fuel additives are the chemicals that are used to enhance the properties of the fuel to which these are added. These are mixed with fuel such as gasoline, diesel, aviation fuel, fuel oil, etc. to improve fuel efficiency and economy. These help the fuel in meeting environmental emission control standards and improve engine or vehicle performance. Apart from these qualities, the fuel additives serve other purposes such as reduction of corrosive effects, enhance combustion properties, and develop various grades of fuel blends required for various commercial, automotive, industrial, and aerospace sectors.Fuel additives are designed to meet the increasingly stringent environment norms as various countries are implementing regulations to control emissions. Stringent environmental regulations, increasing demand for clean and efficient fuel, and depleting crude reserves are the main market drivers of the fuel additives market.
Fuel additives market is witnessing an increase in demand due to the increasing consumption of Ultra Low Sulphur Diesel (ULSD), which requires more dosing of additives. Though the gasoline consumption has experienced a dip worldwide but the unleaded gasoline used nowadays requires more dosing of additives, than the regular gasoline. Better and improved aviation fuel also requires heavy dosing of additives.
This report on fuel additives market segments the market by ten mostly used additives types such as deposit control additives, cetane improvers, antioxidants, dyes & markers, lubricity improvers, cold flow improvers, stability improvers, corrosion inhibitors, octane improvers, and anti-icing. The increasing utilization of fuel in different sectors necessitates the innovation and development of enhanced fuel additives to derive maximum performance out of the fuel and machines.