It has been stated by a market research institution, P&S Intelligence, that the fuel additives market will grow at a rate of 4.9% in the years to come, to reach a value of USD 7,990.6 million by 2030. The growth of this industry is majorly attributed to the strict regulations of governments regarding emission control and a variety of uses of fuel additives.
Diesel held the largest share,...
The specialty fuel additives market has emerged as a vital segment within the global chemicals and materials industry. These additives are specially formulated chemical compounds that enhance the efficiency, performance, and environmental compatibility of fuels such as gasoline, diesel, aviation fuel, and marine fuels. They are primarily used to meet regulatory norms, improve engine...
The Specialty Fuel Additives Market Analysis is on a robust growth trajectory, with projections estimating a market size of USD 19.91 billion by 2030, reflecting a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030. This growth is primarily fueled by the increasing demand for efficient, low-emission energy sources across various industries, including manufacturing,...
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