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Global Diesel Bottled (Aftermarket) Fuel Additives Market: By Type: Cetane Improver, Cold Flow Improver, Corrosion Inhibitor, Anti-Icing, Combustion Improver, Deposit Control Antioxidants; By End Use: Automotive, Oil and Gas, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Industry Events and Developments
Global Diesel Bottled (Aftermarket) Fuel Additives Market Outlook
The global diesel bottled (aftermarket) fuel additives market size will expand at a CAGR of 5% in the 2023-2028 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.
Market Segmentation
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:
- Cetane Improver
- Cold Flow Improver
- Corrosion Inhibitor
- Anti-Icing
- Combustion Improver
- Deposit Control
- Antioxidants
- Other
The industry can be divided based on end-use as:
- Automotive
- Oil and Gas
- Others
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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Market Analysis
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.
Competitive Landscape
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:
- Afton Chemical (NYSE: NEU)
- AMSOIL Inc.
- BASF SE
- LIQUI MOLY GmbH
- Lucas Oil Products Inc.
- Power Service Products Inc.
- Others
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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End Use, Region |
| Breakup by Type | Cetane Improver, Cold Flow Improver, Corrosion Inhibitor, Anti-Icing, Combustion Improver, Deposit Control, Antioxidants, Other |
| Breakup by End Use | Automotive, Oil and Gas, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Afton Chemical (NYSE: NEU), AMSOIL Inc., BASF SE (ETR: BAS), LIQUI MOLY GmbH, Lucas Oil Products Inc., Power Service Products Inc., Others |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Diesel Bottled (Aftermarket) Fuel Additives Market Analysis
8.1 Key Industry Highlights
8.2 Global Diesel Bottled (Aftermarket) Fuel Additives Historical Market (2018-2022)
8.3 Global Diesel Bottled (Aftermarket) Fuel Additives Market Forecast (2023-2028)
8.4 Global Diesel Bottled (Aftermarket) Fuel Additives Market by Type
8.4.1 Cetane Improver
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Cold Flow Improver
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Corrosion Inhibitor
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Anti-Icing
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Combustion Improver
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Deposit Control
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Antioxidants
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2018-2022)
8.4.7.3 Forecast Trend (2023-2028)
8.4.8 Others
8.5 Global Diesel Bottled (Aftermarket) Fuel Additives Market by End Use
8.5.1 Automotive
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Oil and Gas
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Diesel Bottled (Aftermarket) Fuel Additives Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code-3811)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Afton Chemical Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 AMSOIL Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 LIQUI MOLY GmbH
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Power Service Products, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Evonik Industries AG
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 The Lubrizol Corporation
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 BASF SE
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Lucas Oil Products, Inc.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Diesel Bottled (Aftermarket) Fuel Additives Market: Key Industry Highlights, 2017 and 2021
2. Global Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Global Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Global Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Diesel Bottled (Aftermarket) Fuel Additives Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Diesel Bottled (Aftermarket) Fuel Additives Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Major Exporting Countries by Value
19. Major Importing Countries by Value
20. Major Exporting Countries by Volume
21. Major Importing Countries by Volume
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Diesel Bottled (Aftermarket) Fuel Additives Market Structure
Key Questions Answered in the Report
The global diesel bottled (aftermarket) fuel additives market is projected to grow at a CAGR of nearly 5% in the forecast period of 2023-2028.
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., BASF SE, LIQUI MOLY GmbH, Lucas Oil Products Inc., and Power Service Products Inc., among others.
Analyst Review
The global diesel bottled (aftermarket) fuel additives market is being driven by the rising commercial vehicle demand. Aided by the rapid urbanisation and rise in sales of new passenger cars, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on types, the global market for diesel bottled (aftermarket) fuel additives can be segmented into cetane improver, cold flow improver, corrosion inhibitor, anti-icing, combustion improver, deposit control, and antioxidants, among others. On the basis of end use, the industry can be divided into automotive and oil and gas, among others. The major regional markets for diesel bottled (aftermarket) fuel additives are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Afton Chemical, AMSOIL Inc., BASF SE, LIQUI MOLY GmbH, Lucas Oil Products Inc., and Power Service Products Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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