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Fuel Additives-Global Market Insights and Sales Trends 2025
Synopsis
Fuel Additives is used in heavy fuel oil to control high temperature corrosion and ash fouling of gas turbine hot section components.
The global Fuel Additives market size is expected to reach US$ 261.1 million by 2029, growing at a CAGR of -6.0% from 2023 to 2029. The market is mainly driven by the significant applications of Fuel Additives in various end use industries. The expanding demands from the Electric Power, Vessel Bunkering and Others,, are propelling Fuel Additives market. Magnesium Sulfonate, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Magnesium Carboxylate segment is estimated at % CAGR for the next seven-year period.
Global Fuel Additives main players are Afton Chemical, BASF,Lubrizol, Chevron Oronite, Infenium, etc. Global top five manufacturers hold a share over 25%. Europe is the largest market, with a share nearly 30%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Fuel Additives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Fuel Additives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Fuel Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Fuel Additives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Fuel Additives covered in this report include Lanxess, Baker(GE), Dorf Ketal, Systems Separation, Turbotect, Innospec, Pentol, Martin Marietta and Van Mannekus, etc.
The global Fuel Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lanxess
Baker(GE)
Dorf Ketal
Systems Separation
Turbotect
Innospec
Pentol
Martin Marietta
Van Mannekus
Magna Group
Turbine-Power-Cleaner
Conntect
Osian Marine Chemicals
Global Fuel Additives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Fuel Additives market, Segment by Type:
Magnesium Sulfonate
Magnesium Carboxylate
Magnesium Hydroxide
Others
Global Fuel Additives market, by Application
Electric Power
Vessel Bunkering
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Fuel Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Fuel Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Fuel Additives is used in heavy fuel oil to control high temperature corrosion and ash fouling of gas turbine hot section components.
The global Fuel Additives market size is expected to reach US$ 261.1 million by 2029, growing at a CAGR of -6.0% from 2023 to 2029. The market is mainly driven by the significant applications of Fuel Additives in various end use industries. The expanding demands from the Electric Power, Vessel Bunkering and Others,, are propelling Fuel Additives market. Magnesium Sulfonate, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Magnesium Carboxylate segment is estimated at % CAGR for the next seven-year period.
Global Fuel Additives main players are Afton Chemical, BASF,Lubrizol, Chevron Oronite, Infenium, etc. Global top five manufacturers hold a share over 25%. Europe is the largest market, with a share nearly 30%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Fuel Additives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Fuel Additives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Fuel Additives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Fuel Additives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Fuel Additives covered in this report include Lanxess, Baker(GE), Dorf Ketal, Systems Separation, Turbotect, Innospec, Pentol, Martin Marietta and Van Mannekus, etc.
The global Fuel Additives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Lanxess
Baker(GE)
Dorf Ketal
Systems Separation
Turbotect
Innospec
Pentol
Martin Marietta
Van Mannekus
Magna Group
Turbine-Power-Cleaner
Conntect
Osian Marine Chemicals
Global Fuel Additives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Fuel Additives market, Segment by Type:
Magnesium Sulfonate
Magnesium Carboxylate
Magnesium Hydroxide
Others
Global Fuel Additives market, by Application
Electric Power
Vessel Bunkering
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Fuel Additives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Fuel Additives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Fuel Additives Market Overview
1.1 Fuel Additives Product Overview
1.2 Fuel Additives Market Segment by Type
1.2.1 Magnesium Sulfonate
1.2.2 Magnesium Carboxylate
1.2.3 Magnesium Hydroxide
1.2.4 Others
1.3 Global Fuel Additives Market Size by Type
1.3.1 Global Fuel Additives Market Size Overview by Type (2018-2029)
1.3.2 Global Fuel Additives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Fuel Additives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Fuel Additives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Fuel Additives Sales Breakdown by Type (2018-2023)
2 Global Fuel Additives Market Competition by Company
2.1 Global Top Players by Fuel Additives Sales (2018-2023)
2.2 Global Top Players by Fuel Additives Revenue (2018-2023)
2.3 Global Top Players by Fuel Additives Price (2018-2023)
2.4 Global Top Manufacturers Fuel Additives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Fuel Additives Market Competitive Situation and Trends
2.5.1 Fuel Additives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Fuel Additives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Fuel Additives as of 2022)
2.7 Date of Key Manufacturers Enter into Fuel Additives Market
2.8 Key Manufacturers Fuel Additives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Fuel Additives Status and Outlook by Region
3.1 Global Fuel Additives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Fuel Additives Historic Market Size by Region
3.2.1 Global Fuel Additives Sales in Volume by Region (2018-2023)
3.2.2 Global Fuel Additives Sales in Value by Region (2018-2023)
3.2.3 Global Fuel Additives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Fuel Additives Forecasted Market Size by Region
3.3.1 Global Fuel Additives Sales in Volume by Region (2024-2029)
3.3.2 Global Fuel Additives Sales in Value by Region (2024-2029)
3.3.3 Global Fuel Additives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Fuel Additives by Application
4.1 Fuel Additives Market Segment by Application
4.1.1 Electric Power
4.1.2 Vessel Bunkering
4.1.3 Others
4.2 Global Fuel Additives Market Size by Application
4.2.1 Global Fuel Additives Market Size Overview by Application (2018-2029)
4.2.2 Global Fuel Additives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Fuel Additives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Fuel Additives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Fuel Additives Sales Breakdown by Application (2018-2023)
5 North America Fuel Additives by Country
5.1 North America Fuel Additives Historic Market Size by Country
5.1.1 North America Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Fuel Additives Sales in Volume by Country (2018-2023)
5.1.3 North America Fuel Additives Sales in Value by Country (2018-2023)
5.2 North America Fuel Additives Forecasted Market Size by Country
5.2.1 North America Fuel Additives Sales in Volume by Country (2024-2029)
5.2.2 North America Fuel Additives Sales in Value by Country (2024-2029)
6 Europe Fuel Additives by Country
6.1 Europe Fuel Additives Historic Market Size by Country
6.1.1 Europe Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Fuel Additives Sales in Volume by Country (2018-2023)
6.1.3 Europe Fuel Additives Sales in Value by Country (2018-2023)
6.2 Europe Fuel Additives Forecasted Market Size by Country
6.2.1 Europe Fuel Additives Sales in Volume by Country (2024-2029)
6.2.2 Europe Fuel Additives Sales in Value by Country (2024-2029)
7 Asia-Pacific Fuel Additives by Region
7.1 Asia-Pacific Fuel Additives Historic Market Size by Region
7.1.1 Asia-Pacific Fuel Additives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Fuel Additives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Fuel Additives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Fuel Additives Forecasted Market Size by Region
7.2.1 Asia-Pacific Fuel Additives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Fuel Additives Sales in Value by Region (2024-2029)
8 Latin America Fuel Additives by Country
8.1 Latin America Fuel Additives Historic Market Size by Country
8.1.1 Latin America Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Fuel Additives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Fuel Additives Sales in Value by Country (2018-2023)
8.2 Latin America Fuel Additives Forecasted Market Size by Country
8.2.1 Latin America Fuel Additives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Fuel Additives Sales in Value by Country (2024-2029)
9 Middle East and Africa Fuel Additives by Country
9.1 Middle East and Africa Fuel Additives Historic Market Size by Country
9.1.1 Middle East and Africa Fuel Additives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Fuel Additives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Fuel Additives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Fuel Additives Forecasted Market Size by Country
9.2.1 Middle East and Africa Fuel Additives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Fuel Additives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Lanxess
10.1.1 Lanxess Company Information
10.1.2 Lanxess Introduction and Business Overview
10.1.3 Lanxess Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Lanxess Fuel Additives Products Offered
10.1.5 Lanxess Recent Development
10.2 Baker(GE)
10.2.1 Baker(GE) Company Information
10.2.2 Baker(GE) Introduction and Business Overview
10.2.3 Baker(GE) Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Baker(GE) Fuel Additives Products Offered
10.2.5 Baker(GE) Recent Development
10.3 Dorf Ketal
10.3.1 Dorf Ketal Company Information
10.3.2 Dorf Ketal Introduction and Business Overview
10.3.3 Dorf Ketal Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Dorf Ketal Fuel Additives Products Offered
10.3.5 Dorf Ketal Recent Development
10.4 Systems Separation
10.4.1 Systems Separation Company Information
10.4.2 Systems Separation Introduction and Business Overview
10.4.3 Systems Separation Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Systems Separation Fuel Additives Products Offered
10.4.5 Systems Separation Recent Development
10.5 Turbotect
10.5.1 Turbotect Company Information
10.5.2 Turbotect Introduction and Business Overview
10.5.3 Turbotect Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Turbotect Fuel Additives Products Offered
10.5.5 Turbotect Recent Development
10.6 Innospec
10.6.1 Innospec Company Information
10.6.2 Innospec Introduction and Business Overview
10.6.3 Innospec Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Innospec Fuel Additives Products Offered
10.6.5 Innospec Recent Development
10.7 Pentol
10.7.1 Pentol Company Information
10.7.2 Pentol Introduction and Business Overview
10.7.3 Pentol Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Pentol Fuel Additives Products Offered
10.7.5 Pentol Recent Development
10.8 Martin Marietta
10.8.1 Martin Marietta Company Information
10.8.2 Martin Marietta Introduction and Business Overview
10.8.3 Martin Marietta Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Martin Marietta Fuel Additives Products Offered
10.8.5 Martin Marietta Recent Development
10.9 Van Mannekus
10.9.1 Van Mannekus Company Information
10.9.2 Van Mannekus Introduction and Business Overview
10.9.3 Van Mannekus Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Van Mannekus Fuel Additives Products Offered
10.9.5 Van Mannekus Recent Development
10.10 Magna Group
10.10.1 Magna Group Company Information
10.10.2 Magna Group Introduction and Business Overview
10.10.3 Magna Group Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Magna Group Fuel Additives Products Offered
10.10.5 Magna Group Recent Development
10.11 Turbine-Power-Cleaner
10.11.1 Turbine-Power-Cleaner Company Information
10.11.2 Turbine-Power-Cleaner Introduction and Business Overview
10.11.3 Turbine-Power-Cleaner Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Turbine-Power-Cleaner Fuel Additives Products Offered
10.11.5 Turbine-Power-Cleaner Recent Development
10.12 Conntect
10.12.1 Conntect Company Information
10.12.2 Conntect Introduction and Business Overview
10.12.3 Conntect Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Conntect Fuel Additives Products Offered
10.12.5 Conntect Recent Development
10.13 Osian Marine Chemicals
10.13.1 Osian Marine Chemicals Company Information
10.13.2 Osian Marine Chemicals Introduction and Business Overview
10.13.3 Osian Marine Chemicals Fuel Additives Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Osian Marine Chemicals Fuel Additives Products Offered
10.13.5 Osian Marine Chemicals Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Fuel Additives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Fuel Additives Industrial Chain Analysis
11.4 Fuel Additives Market Dynamics
11.4.1 Fuel Additives Industry Trends
11.4.2 Fuel Additives Market Drivers
11.4.3 Fuel Additives Market Challenges
11.4.4 Fuel Additives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Fuel Additives Distributors
12.3 Fuel Additives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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