The Cetane Number Improver are mainly of three types such as nitrates, peroxides and others. The Cetane Number Improver Market is expected to grow with a CAGR of 5.2 % during the forecast period i.e. 2020 - 2025. The global market for Cetane Number Improver is estimated at $702.1 million in 2020. APAC is the major and fastest growing region with a healthy CAGR of 7.2% and revenue of $289 million in 2020. By Diesel type, the market is categorized into petroleum diesel and biodiesel. 2-Ethylhexyl Nitrate is the most widely used diesel fuel additive to improve the Cetane Number. The market for Cetane number improvers is very large due to its use in diesel fuel. There a lot of players in the market, with the leading key player being Veryone which completely owned by the Group SNPE. Veryone has a global market share of more than 40%. Asia-Pacific (APAC) has the largest market share in this market followed by Europe, then North America and then the rest of the world.
Cetane Number Improver (2-EHN) (SAP) Market Outlook:
2-Ethylhexyl Nitrate (2-EHN) is a Cetane Number improver for diesel and Bio-diesel fuels. It is manufactured by the reaction of ethanol with Nitric acid with Sulfuric Acid as a catalyst and a few treatment processes. The Cetane number evaluates the fuel’s ignition quality. Higher the Cetane number cleaner the burn resulting in lesser pollutants formed and higher efficiency. 2-EHN can be introduced in either before market or after-market stages of the fuel. It can be injected or pumped at the fuel refinery itself or can be added at the use source such as the vehicles fuel tank or machines fuel tank. It can also be added directly or as a mixture with other fuel additives. Due to this it finds application in various end user industries that use diesel as a fuel for their work.
Cetane Number Improver (2-EHN) Market Growth drivers:
Major growth drivers for the 2-EHN Cetane number improver market is the strict regulations that different countries are implementing so as to reduce air pollution. The implementation of the China V and China VI standards and Bharat stage VI standards for diesel have been a major growth driver In the Asia pacific region.
Cetane Number Improver (2-EHN) (SAP) Market Challenges:
The major Challenge that exists in the market for Cetane Number improver 2-Ethylhexyl Nitrate is the presence of substitutes such as di (tert-butyl) peroxide (DTBP) and others which are a restraint on the market for 2-EHN. DTBP has similar Cetane number improvement properties to 2-EHN with better thermal stability.
Cetane Number Improve Market
Cetane Number Improver (2-EHN) (SAP) Market Research Scope:
The base year of the study is 2020, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Cetane Number Improver (2-EHN) Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles.
Cetane Number Improver (2-EHN) (SAP) Market Report: Industry Coverage
- Cetane Number Improver (2-EHN) Market– by Fuel: Petroleum Diesel, Bio-Diesel and others.
- Cetane Number Improver (2-EHN) Market– by Packaging Type: Bottles, Pails, Drums and others.
- Cetane Number Improver (2-EHN) Market– by Distribution channel: Online sales, Retail Stores, B2B and others.
- Cetane Number Improver (2-EHN) Market– by Point of Application: Direct Market and After Market.
- Cetane Number Improver (2-EHN) Market – by End User Industry: Oil and gas Industry, Automotive Industry, Petroleum Industry, Transportation Industry, Mining Industry, Agricultural Industry, Construction Industry and others.
The Cetane Number Improver (2-EHN) Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions.
The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia
Cetane Number Improver (2-EHN) (SAP) Market Key Players Perspective:
Some of the Key players in this market that have been studied for this report include: Veryone, Dorf Ketal, Lubrizol, Innospec, Afton chemicals, FPPF, Ecolab, Nitro ERG, Liao Dong Chemical, Eon Chemicals, Cestoil and many more.
Market Research and Market Trends of Cetane Number Improver (2-EHN) (SAP) Market:
One trend that is seen in the market is the growing demand for Cetane number improvers from the Asia Pacific region which is driving the increase in demand for 2-EHN due to increasing population and improving economic performances. This has also led to the establishment of manufacturing facilities in the APAC region for the production of 2-EHN.
The global trend in adopting Better diesel fuel standards by governments across the world is another factor that is pushing the Market for 2-EHN Cetane number market improver upwards. With the rise in air pollution levels the need for stricter pollution emission norms from motor vehicles and other sources is a necessity which is being addressed by the governments, especially in the Asia Pacific region. Cetane number improvers help in this process.
Another trend that is seen in the market is the sales of 2-EHN Cetane Number improver as a mixture with other multifunctional fuel additives that provide improved performances f various characteristics of the fuels and the sale of these products on online platforms. This has increased the market reach of the product thus increasing the market size.
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5.2. Opportunities analysis
5.3. Product life cycle
6.2. Application Revenue and Trends by type of Application
6.3. Application Segment Analysis by Type
6.3.1. Petroleum Diesel
7.2. Application Revenue and Trends by type of Application
7.3. Application Segment Analysis by Type
8.2. Application Revenue and Trends by type of Application
8.3. Application Segment Analysis by Type
8.3.1. Online sales
8.3.2. Retail Stores
9.1.1. Petroleum Refining
9.1.2. Bio-diesel Refining
9.2. After Market
9.2.1. Fuel Tanks
188.8.131.52. Other Machines.
9.2.2. Bulk Storage Tanks
10.2. Application Revenue and Trend Research
10.3. Product Segment Analysis
10.3.1. Oil and gas Industry
10.3.2. Automotive Industry
10.3.3. Petroleum Industry
10.3.4. Transportation Industry
10.3.5. Mining Industry
10.3.6. Agricultural Industry
10.3.7. Construction Industry
11.2. North America Market Research (Million / $Billion)
11.2.1. Segment type Size and Market Size Analysis
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Trends by type of Application
11.2.4. Company Revenue and Product Analysis
11.2.5. North America Product type and Application Market Size
184.108.40.206. Rest of North America
11.3. Cetane Number Improver (2-EHN) - South America Segment Research
11.4. South America Market Research (Market Size -$Million / $Billion)
11.4.1. Segment type Size and Market Size Analysis
11.4.2. Revenue and Trends
11.4.3. Application Revenue and Trends by type of Application
11.4.4. Company Revenue and Product Analysis
11.4.5. South America Product type and Application Market Size
220.127.116.11. Costa Rica
18.104.22.168. Rest of South America
11.5. Cetane Number Improver (2-EHN) - Europe Segment Research
11.6. Europe Market Research (Market Size -$Million / $Billion)
11.6.1. Segment type Size and Market Size Analysis
11.6.2. Revenue and Trends
11.6.3. Application Revenue and Trends by type of Application
11.6.4. Company Revenue and Product Analysis
11.6.5. Europe Segment Product type and Application Market Size
22.214.171.124. Rest of Europe
11.7. Cetane Number Improver (2-EHN) – APAC Segment Research
11.8. APAC Market Research (Market Size -$Million / $Billion)
11.8.1. Segment type Size and Market Size Analysis
11.8.2. Revenue and Trends
11.8.3. Application Revenue and Trends by type of Application
11.8.4. Company Revenue and Product Analysis
11.8.5. APAC Segment – Product type and Application Market Size
126.96.36.199. South Korea
12.2. M&A's, collaborations, JVs and partnerships
13.3. Dorf Ketal
13.6. Afton chemicals
13.9. Nitro ERG
13.10. Liao Dong Chemical
13.11. Eon Chemicals