North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• North America Fuel Additives Market is Expected
  to Reach 8,100 Million by 2017

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Browse through the market data tables, figures
and detailed ToC on the North America Fuel
Additives Market. http//www.micromarketmonitor
.com/market/north-america-fuel-additives-433818539
8.html
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• The fuel additives market is estimated to grow
  from 5,740.0 million in 2014 to 8,100 million
  by 2017, at a CAGR of 7.1, from 2014 to 2019.
• The market is expected to reach 2,310.1 million
  in Asia-Pacific by 2019, at a CAGR of 8.03 from
  2014 to 2019.
• By 2019, North America is projected to lose its
  current position in the ranking and also a chunk
  of its present share to become number two with
  28.01 market share.
• Europe will be confined to the third position
  with 24.2 market share.
• North America will have a consumption of 59.4 KT
  by 2019 at a growth rate of 2.40 from 2014 to
  2019 and a market value of 297.4 million, at a
  CAGR of 5.71, from 2014 to 2019.

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• The growing trend of improving fuel efficiency
  and stringent environmental regulations, are
  contributing to the growth of the fuel additives
  market.
• Fuel additives are chemicals, which are added to
  various fuels such as gasoline, diesel, jet fuel,
  kerosene, and so on, in order to enhance their
  performance.
• Fuel additives are also responsible for reducing
  the corrosion effects caused by fuels and
  improving the combustion properties of fuels.
• Additives, when added to any fuel, provide
  economies of scale in the long run, but, in the
  short run, these escalate the overall cost of the
  fuel products.
• The various fuel additive types include deposit
  controllers, cetane improvers, fuel dyes and
  markers, antioxidants, cold flow improvers,
  corrosion inhibitors, lubricity improvers, anti
  icing, and octane improvers, among others.

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Asia-Pacific Fuel Additives Market

• Asia-Pacific will have the fastest CAGR during
  the next five years, primarily due to the
  increase in fuel consumption.
• North America will have a market of 2269.3
  million by 2019, at a growth rate of 7.06 from
  2014 to 2019, due to the effect of the stricter
  environmental regulations imposed by EIA.
• Asia-Pacific is the global engine of economic
  growth and is expected to contribute more than
  45 of the global energy-related CO2 emissions by
  2030, and an estimated 60 by the year 2100.
• However, there are encouraging signs like
  voluntary pledges by 10 countries to reduce their
  emissions by 2020.
• http//www.micromarketmonitor.com/market/asia-paci
  fic-fuel-additives-4780884399.html

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Middle East and Africa Fuel Additives Market

• The African Middle Eastern markets are likely
  to be better for the fuel additives market due to
  the significant growth in fuel demand in the
  transport sector in the region.
• Due to the development of the South American
  economies, the fuel additives market also
  experiences overall growth in the market size.
• The MEA region is expected to have a growth rate
  of 6.69 from 2014 to 2019, to reach 136.1
  million by 2019 by value, and 26.7 KT in terms of
  volume by 2019, at a CAGR of 3.39.
• http//www.micromarketmonitor.com/market/middle-ea
  st-and-africa-fuel-additives-8557125676.html

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