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Specialty Fuel Additives Market Share
- Report ID: GMI369
- Published Date: Mar 2016
- Report Format: PDF
Specialty Fuel Additives Market Share
Specialty fuel additives market analysis is partly consolidated and competitive, as the top industry participants accounted for below 50% industry revenue share in 2015.
Some of the major companies include
- Innospec Inc
- Chemtura
- Infineum
- Lubrizol corporation
- BASF SE
- Baker Hughes
In December 2015, Chemtura announced plans to expand its production capacity for antioxidants (ADPAs, a type of specialty fuel additive) in Italy. This expansion includes building a new manufacturing facility. In 2014 and late 2015, the company increased ADPA capacity at Elmira site in Ontario, Canada.
Frequently Asked Questions (FAQ) :
The specialty fuel additives market size is expected to achieve $10 billion by 2023, registering with a CAGR of 6.5%.
Increasing demand for biofuels, strong ULSD (Ultra Low Sulfur Diesel) and stringent emission control regulatory standards are the key factors expected to drive the growth of global market.
The North America specialty fuel additives market value will surpass USD 2.5 billion by 2023.
Prominent participants in the specialty fuel additives industry comprise Innospec Inc, Chemtura, Infineum, Lubrizol corporation, BASF SE and Baker Hughes, and others.
Specialty Fuel Additives Market Scope
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