Market Overview:
The global fuel antioxidants market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fuel antioxidants from various end-use industries, such as diesel, gasoline, biodiesel, and others. In addition, the stringent environmental regulations across the globe are also fueling the demand for fuel antioxidants. Based on type, phenolic antioxidants accounted for a major share of the global fuel antioxidants market in 2017. This can be attributed to their high efficiency and ability to scavenge oxygen radicals and other reactive species present in fuels.
Product Definition:
Fuel antioxidants are a type of antioxidant that is used to prevent the oxidation of fuel. This is important because it can help to prevent the formation of harmful compounds that can cause damage to the engine.
Phenolic Antioxidants:
Phenolic antioxidants are natural compounds that act as an antioxidant in the human body. They are found in fruits and vegetables such as cranberries, blueberries, strawberries, blackberries and red cabbage. Some of the common phenols found in these plants include catechin (a type of flavonoid), epicatechin (a type of flavonoid), phenolic acids and derivatives including salicylic acid Phenol is a colorless crystalline compound with a slightly unpleasant odor.
Aminic Antioxidants:
Aminic antioxidants are a group of chemical compounds that act as an anti-oxidant and prevent the oxidation of other chemicals. They have applications in fuel additives, preservatives, pharmaceuticals, cosmetics and others. Fuel antioxidants are used to reduce the amount of damage done by free radicals during combustion in fuels.
Application Insights:
Diesel and gasoline are the two major fuel types across the globe. Diesel is used for long-distance travel whereas, gasoline is used for short to medium range travel in cars. The diesel segment dominated the overall market in terms of revenue as well as volume in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing automobile production across economies such as China, India and Brazil which has resulted in high demand for diesel fuel additives worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness the fastest growth over the forecast period. The region is home to some of the major automotive manufacturers such as Toyota, Honda, Suzuki, Hyundai, Kia Motors Corporation and Tata Motors. These companies are increasingly focusing on developing new vehicles that consume minimal amount of fuel and emit low level of pollutants. This factor is anticipated to drive demand for antioxidants in this region over the forecast period.
The North American market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for fuel antioxidants from the automotive and aerospace industries to improve performance and reduce emissions.
- Growing popularity of biofuels, which are more susceptible to oxidation than traditional fuels, is expected to drive the demand for fuel antioxidants over the next few years.
- Rising awareness about the benefits of using fuel antioxidants among consumers is projected to boost market growth in the near future.
- Stringent environmental regulations aimed at reducing air pollution are likely to create opportunities for fuel antioxidant manufacturers in coming years. 5) Technological advancements that lead to development of new and improved products are anticipated to provide impetus to market growth in forthcoming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Fuel Antioxidants Market Research Report
By Type
Phenolic Antioxidants, Aminic Antioxidants, Phosphite Antioxidants, Thioester Antioxidants, Others
By Application
Diesel, Gasoline, Biodiesel, Others
By Companies
Lanxess, Baker(GE), Dorf Ketal, Innospec, Total, Shell, Eastman, Biofuel Systems, Oxiris Chemicals, Songwon, SI Group, Petroleum Logistics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Fuel Antioxidants Market Report Segments:
The global Fuel Antioxidants market is segmented on the basis of:
Types
Phenolic Antioxidants, Aminic Antioxidants, Phosphite Antioxidants, Thioester Antioxidants, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Diesel, Gasoline, Biodiesel, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lanxess
- Baker(GE)
- Dorf Ketal
- Innospec
- Total
- Shell
- Eastman
- Biofuel Systems
- Oxiris Chemicals
- Songwon
- SI Group
- Petroleum Logistics
Highlights of The Fuel Antioxidants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Phenolic Antioxidants
- Aminic Antioxidants
- Phosphite Antioxidants
- Thioester Antioxidants
- Others
- By Application:
- Diesel
- Gasoline
- Biodiesel
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fuel Antioxidants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fuel antioxidants are chemicals that help protect the fuel from damage by oxygen and other elements.
Some of the major companies in the fuel antioxidants market are Lanxess, Baker(GE), Dorf Ketal, Innospec, Total, Shell, Eastman, Biofuel Systems, Oxiris Chemicals, Songwon, SI Group, Petroleum Logistics.
The fuel antioxidants market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fuel Antioxidants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fuel Antioxidants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fuel Antioxidants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fuel Antioxidants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fuel Antioxidants Market Size & Forecast, 2020-2028
4.5.1 Fuel Antioxidants Market Size and Y-o-Y Growth
4.5.2 Fuel Antioxidants Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Phenolic Antioxidants
5.2.2 Aminic Antioxidants
5.2.3 Phosphite Antioxidants
5.2.4 Thioester Antioxidants
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Diesel
6.2.2 Gasoline
6.2.3 Biodiesel
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fuel Antioxidants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fuel Antioxidants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Phenolic Antioxidants
9.6.2 Aminic Antioxidants
9.6.3 Phosphite Antioxidants
9.6.4 Thioester Antioxidants
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Diesel
9.10.2 Gasoline
9.10.3 Biodiesel
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Phenolic Antioxidants
10.6.2 Aminic Antioxidants
10.6.3 Phosphite Antioxidants
10.6.4 Thioester Antioxidants
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Diesel
10.10.2 Gasoline
10.10.3 Biodiesel
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Phenolic Antioxidants
11.6.2 Aminic Antioxidants
11.6.3 Phosphite Antioxidants
11.6.4 Thioester Antioxidants
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Diesel
11.10.2 Gasoline
11.10.3 Biodiesel
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Phenolic Antioxidants
12.6.2 Aminic Antioxidants
12.6.3 Phosphite Antioxidants
12.6.4 Thioester Antioxidants
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Diesel
12.10.2 Gasoline
12.10.3 Biodiesel
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Phenolic Antioxidants
13.6.2 Aminic Antioxidants
13.6.3 Phosphite Antioxidants
13.6.4 Thioester Antioxidants
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Diesel
13.10.2 Gasoline
13.10.3 Biodiesel
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fuel Antioxidants Market: Competitive Dashboard
14.2 Global Fuel Antioxidants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lanxess
14.3.2 Baker(GE)
14.3.3 Dorf Ketal
14.3.4 Innospec
14.3.5 Total
14.3.6 Shell
14.3.7 Eastman
14.3.8 Biofuel Systems
14.3.9 Oxiris Chemicals
14.3.10 Songwon
14.3.11 SI Group
14.3.12 Petroleum Logistics
