Aftermarket Fuel Additives: Global Strategic Business Report

Global Aftermarket Fuel Additives Market to Reach $2.2 Billion by 2030

The global market for Aftermarket Fuel Additives estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030. Gasoline, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$1.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Diesel segment is readjusted to a revised 7.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $362.7 Million, While China is Forecast to Grow at 8.9% CAGR

The Aftermarket Fuel Additives market in the U.S. is estimated at US$362.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$491.6 Million by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Select Competitors (Total 46 Featured) -

• Afton Chemical Corporation
• Ashland, Inc.
• BASF SE
• BG Products, Inc.
• Chevron Oronite Company LLC
• Infineum International Ltd.
• Lucas Oil Products, Inc.
• The Lubrizol Corporation
• Total SA

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year