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The global diesel bottled (aftermarket) fuel additives market size will expand at a CAGR of 5% in the 2024-2032 forecast period.
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Commercial vehicles primarily use diesel bottled fuel additives with diesel fuel to improve handling and efficiency. Due to various factors such as the demand for passenger cars from the middle-class income segment and the rise in sales of new passenger cars, there has been a significant increase in the automobile using population in recent years, thus, aiding the growth of the diesel bottled (aftermarket) fuel additives industry.
Diesel fuel additives are chemicals, which are soluble in diesel fuel and are added to diesel in small quantities to improve or enhance their properties. The market for diesel bottled (aftermarket) fuel additives focuses can be segmented into types and end-uses.
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The industry can be broadly categorised on the basis of type into:
The industry can be divided based on end-use as:
The EMR report looks into the regional markets for diesel bottled (aftermarket) fuel additives like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The e-commerce and construction industries have experienced a rise in the commercial vehicle demand, which contributes to the market growth. The demand for public transport vehicles, commercial trucks, and minibuses are also contributing to an increase in the commercial vehicle production, leading to the growth of the industry. In developing countries such as China and India, rapid urbanization is contributing to the growth in demand for light and medium commercial vehicles. During the forecast period, these factors, along with the rising demand for cars, will have a direct impact on the market growth of diesel bottled (aftermarket) fuel additives.
Ultra-low-sulphur diesel needs fuel additives such as improvers of cetane, antioxidants, and inhibitors of corrosion. The increased cetane number will help to reduce emissions and increase the vehicle's performance, so it is expected that the use of ultra-low-sulphur diesel will increase as fuel additives are extensively used, thus, aiding the growth of the diesel bottled (aftermarket) fuel additives industry.
The report presents a detailed analysis of the following key players in the global diesel bottled (aftermarket) fuel additives industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global diesel bottled (aftermarket) fuel additives market is projected to grow at a CAGR of nearly 5% in the forecast period of 2024-2032.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising demand for public transport vehicles, commercial trucks, and minibuses.
In developing countries like China and India, rapid urbanisation is aiding to the growth in demand for light and medium commercial vehicles. This is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading types of diesel bottled (aftermarket) fuel additives in the market include cetane improver, cold flow improver, corrosion inhibitor, anti-icing, combustion improver, deposit control, and antioxidants, among others.
The significant end use sectors for the market are automotive and oil and gas, among others.
The leading players in the market are Afton Chemical, AMSOIL Inc., LIQUI MOLY GmbH, Power Service Products, Inc., Evonik Industries AG, The Lubrizol Corporation, BASF SE, Lucas Oil Products Inc., Others.
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+1-415-325-5166
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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