The Fuel Additives market is a sector of the chemical industry that produces additives for use in fuel. These additives are designed to improve the performance of fuel, such as increasing its efficiency, reducing emissions, and improving its stability. Fuel additives are used in a variety of applications, including automotive, aviation, marine, and industrial.
Fuel additives are typically composed of a variety of chemicals, such as detergents, lubricants, and corrosion inhibitors. These chemicals are designed to improve the performance of fuel, such as increasing its efficiency, reducing emissions, and improving its stability. Additionally, fuel additives can be used to reduce the formation of deposits in fuel systems, which can lead to engine damage.
Some of the major companies in the Fuel Additives market include BASF, Chevron Oronite, Innospec, Lubrizol, and Total. These companies produce a variety of fuel additives for a variety of applications. Additionally, there are a number of smaller companies that produce fuel additives for specific applications. Show Less Read more