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Global Petroleum Additives Market Research Report 2025
Synopsis
Fuel additives are engineered to improve efficiency of fuels such as diesel, gasoline, and distillate fuels in several ways. Key functionality aspects of fuel additives include affecting burn and combustion rates, to work under high temperatures, to reduce harmful emissions and to improve fuel efficiency.
The global Petroleum Additives market was valued at US$ 23510 million in 2023 and is anticipated to reach US$ 29320 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
North American market for Petroleum Additives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Petroleum Additives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Petroleum Additives include Afton Chemical, Akzo Nobel N.V., GE(Baker Hughes), BASF, Lanxess, Evonik Industries, Huntsman Corporation, Innospec and Petroliam Nasional Berhad (PETRONAS), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Petroleum Additives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Petroleum Additives.
Report Scope
The Petroleum Additives market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Petroleum Additives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Petroleum Additives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Afton Chemical
Akzo Nobel N.V.
GE(Baker Hughes)
BASF
Lanxess
Evonik Industries
Huntsman Corporation
Innospec
Petroliam Nasional Berhad (PETRONAS)
DowDuPont
Lubrizol Corporation
Segment by Type
Deposit Control
Antioxidant
Corrosion
Inhibitor
Lubricity & Cetane Improvers
Others
Segment by Application
Diesel
Gasoline
Aviation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Petroleum Additives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Petroleum Additives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Petroleum Additives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Fuel additives are engineered to improve efficiency of fuels such as diesel, gasoline, and distillate fuels in several ways. Key functionality aspects of fuel additives include affecting burn and combustion rates, to work under high temperatures, to reduce harmful emissions and to improve fuel efficiency.
The global Petroleum Additives market was valued at US$ 23510 million in 2023 and is anticipated to reach US$ 29320 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.
North American market for Petroleum Additives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Petroleum Additives is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Petroleum Additives include Afton Chemical, Akzo Nobel N.V., GE(Baker Hughes), BASF, Lanxess, Evonik Industries, Huntsman Corporation, Innospec and Petroliam Nasional Berhad (PETRONAS), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Petroleum Additives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Petroleum Additives.
Report Scope
The Petroleum Additives market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Petroleum Additives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Petroleum Additives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Afton Chemical
Akzo Nobel N.V.
GE(Baker Hughes)
BASF
Lanxess
Evonik Industries
Huntsman Corporation
Innospec
Petroliam Nasional Berhad (PETRONAS)
DowDuPont
Lubrizol Corporation
Segment by Type
Deposit Control
Antioxidant
Corrosion
Inhibitor
Lubricity & Cetane Improvers
Others
Segment by Application
Diesel
Gasoline
Aviation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Petroleum Additives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Petroleum Additives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Petroleum Additives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Petroleum Additives Market Overview
1.1 Product Definition
1.2 Petroleum Additives Segment by Type
1.2.1 Global Petroleum Additives Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Deposit Control
1.2.3 Antioxidant
1.2.4 Corrosion
1.2.5 Inhibitor
1.2.6 Lubricity & Cetane Improvers
1.2.7 Others
1.3 Petroleum Additives Segment by Application
1.3.1 Global Petroleum Additives Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Diesel
1.3.3 Gasoline
1.3.4 Aviation
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Petroleum Additives Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Petroleum Additives Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Petroleum Additives Production Estimates and Forecasts (2019-2030)
1.4.4 Global Petroleum Additives Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Petroleum Additives Production Market Share by Manufacturers (2019-2024)
2.2 Global Petroleum Additives Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Petroleum Additives, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Petroleum Additives Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Petroleum Additives Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Petroleum Additives, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Petroleum Additives, Product Offered and Application
2.8 Global Key Manufacturers of Petroleum Additives, Date of Enter into This Industry
2.9 Petroleum Additives Market Competitive Situation and Trends
2.9.1 Petroleum Additives Market Concentration Rate
2.9.2 Global 5 and 10 Largest Petroleum Additives Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Petroleum Additives Production by Region
3.1 Global Petroleum Additives Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Petroleum Additives Production Value by Region (2019-2030)
3.2.1 Global Petroleum Additives Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Petroleum Additives by Region (2025-2030)
3.3 Global Petroleum Additives Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Petroleum Additives Production by Region (2019-2030)
3.4.1 Global Petroleum Additives Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Petroleum Additives by Region (2025-2030)
3.5 Global Petroleum Additives Market Price Analysis by Region (2019-2024)
3.6 Global Petroleum Additives Production and Value, Year-over-Year Growth
3.6.1 North America Petroleum Additives Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Petroleum Additives Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Petroleum Additives Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Petroleum Additives Production Value Estimates and Forecasts (2019-2030)
4 Petroleum Additives Consumption by Region
4.1 Global Petroleum Additives Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Petroleum Additives Consumption by Region (2019-2030)
4.2.1 Global Petroleum Additives Consumption by Region (2019-2024)
4.2.2 Global Petroleum Additives Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Petroleum Additives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Petroleum Additives Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Petroleum Additives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Petroleum Additives Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Petroleum Additives Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Petroleum Additives Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Petroleum Additives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Petroleum Additives Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Petroleum Additives Production by Type (2019-2030)
5.1.1 Global Petroleum Additives Production by Type (2019-2024)
5.1.2 Global Petroleum Additives Production by Type (2025-2030)
5.1.3 Global Petroleum Additives Production Market Share by Type (2019-2030)
5.2 Global Petroleum Additives Production Value by Type (2019-2030)
5.2.1 Global Petroleum Additives Production Value by Type (2019-2024)
5.2.2 Global Petroleum Additives Production Value by Type (2025-2030)
5.2.3 Global Petroleum Additives Production Value Market Share by Type (2019-2030)
5.3 Global Petroleum Additives Price by Type (2019-2030)
6 Segment by Application
6.1 Global Petroleum Additives Production by Application (2019-2030)
6.1.1 Global Petroleum Additives Production by Application (2019-2024)
6.1.2 Global Petroleum Additives Production by Application (2025-2030)
6.1.3 Global Petroleum Additives Production Market Share by Application (2019-2030)
6.2 Global Petroleum Additives Production Value by Application (2019-2030)
6.2.1 Global Petroleum Additives Production Value by Application (2019-2024)
6.2.2 Global Petroleum Additives Production Value by Application (2025-2030)
6.2.3 Global Petroleum Additives Production Value Market Share by Application (2019-2030)
6.3 Global Petroleum Additives Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Afton Chemical
7.1.1 Afton Chemical Petroleum Additives Corporation Information
7.1.2 Afton Chemical Petroleum Additives Product Portfolio
7.1.3 Afton Chemical Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Afton Chemical Main Business and Markets Served
7.1.5 Afton Chemical Recent Developments/Updates
7.2 Akzo Nobel N.V.
7.2.1 Akzo Nobel N.V. Petroleum Additives Corporation Information
7.2.2 Akzo Nobel N.V. Petroleum Additives Product Portfolio
7.2.3 Akzo Nobel N.V. Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Akzo Nobel N.V. Main Business and Markets Served
7.2.5 Akzo Nobel N.V. Recent Developments/Updates
7.3 GE(Baker Hughes)
7.3.1 GE(Baker Hughes) Petroleum Additives Corporation Information
7.3.2 GE(Baker Hughes) Petroleum Additives Product Portfolio
7.3.3 GE(Baker Hughes) Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.3.4 GE(Baker Hughes) Main Business and Markets Served
7.3.5 GE(Baker Hughes) Recent Developments/Updates
7.4 BASF
7.4.1 BASF Petroleum Additives Corporation Information
7.4.2 BASF Petroleum Additives Product Portfolio
7.4.3 BASF Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.4.4 BASF Main Business and Markets Served
7.4.5 BASF Recent Developments/Updates
7.5 Lanxess
7.5.1 Lanxess Petroleum Additives Corporation Information
7.5.2 Lanxess Petroleum Additives Product Portfolio
7.5.3 Lanxess Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Lanxess Main Business and Markets Served
7.5.5 Lanxess Recent Developments/Updates
7.6 Evonik Industries
7.6.1 Evonik Industries Petroleum Additives Corporation Information
7.6.2 Evonik Industries Petroleum Additives Product Portfolio
7.6.3 Evonik Industries Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Evonik Industries Main Business and Markets Served
7.6.5 Evonik Industries Recent Developments/Updates
7.7 Huntsman Corporation
7.7.1 Huntsman Corporation Petroleum Additives Corporation Information
7.7.2 Huntsman Corporation Petroleum Additives Product Portfolio
7.7.3 Huntsman Corporation Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Huntsman Corporation Main Business and Markets Served
7.7.5 Huntsman Corporation Recent Developments/Updates
7.8 Innospec
7.8.1 Innospec Petroleum Additives Corporation Information
7.8.2 Innospec Petroleum Additives Product Portfolio
7.8.3 Innospec Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Innospec Main Business and Markets Served
7.7.5 Innospec Recent Developments/Updates
7.9 Petroliam Nasional Berhad (PETRONAS)
7.9.1 Petroliam Nasional Berhad (PETRONAS) Petroleum Additives Corporation Information
7.9.2 Petroliam Nasional Berhad (PETRONAS) Petroleum Additives Product Portfolio
7.9.3 Petroliam Nasional Berhad (PETRONAS) Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Petroliam Nasional Berhad (PETRONAS) Main Business and Markets Served
7.9.5 Petroliam Nasional Berhad (PETRONAS) Recent Developments/Updates
7.10 DowDuPont
7.10.1 DowDuPont Petroleum Additives Corporation Information
7.10.2 DowDuPont Petroleum Additives Product Portfolio
7.10.3 DowDuPont Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.10.4 DowDuPont Main Business and Markets Served
7.10.5 DowDuPont Recent Developments/Updates
7.11 Lubrizol Corporation
7.11.1 Lubrizol Corporation Petroleum Additives Corporation Information
7.11.2 Lubrizol Corporation Petroleum Additives Product Portfolio
7.11.3 Lubrizol Corporation Petroleum Additives Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Lubrizol Corporation Main Business and Markets Served
7.11.5 Lubrizol Corporation Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Petroleum Additives Industry Chain Analysis
8.2 Petroleum Additives Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Petroleum Additives Production Mode & Process
8.4 Petroleum Additives Sales and Marketing
8.4.1 Petroleum Additives Sales Channels
8.4.2 Petroleum Additives Distributors
8.5 Petroleum Additives Customers
9 Petroleum Additives Market Dynamics
9.1 Petroleum Additives Industry Trends
9.2 Petroleum Additives Market Drivers
9.3 Petroleum Additives Market Challenges
9.4 Petroleum Additives Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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