Market Overview:
The global gasoline additive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for multifunctional gasoline additives and fuel saving gasoline additives. In terms of type, the maintenance type segment is expected to lead the global gasoline additive market during the forecast period. This can be attributed to the increasing demand for these types of additives from home users and fleet operators across regions.
Product Definition:
A gasoline additive is a substance that is added to gasoline in order to improve its performance. Gasoline additives can improve fuel economy, reduce emissions, and protect against corrosion. Some common gasoline additives include ethanol, octane boosters, and detergents.
Maintenance Type:
Maintenance type is a chemical additive that helps to reduce the formation of sludge and corrosion in gasoline. The global market for maintenance type is expected to grow at a CAGR of XX% from 2016 to 2024. Growth in the global gasoline additive market can be attributed to increasing demand for cleaner burning fuel, stringent environmental regulations, and growing awareness among consumers regarding engine health & performance.
Clean Type:
The global gasoline additive market is expected to witness significant growth over the forecast period owing to increasing demand for clean fuels. The Cleaner burning fuel reduces harmful emissions that contribute towards air pollution, which in turn will augment the product demand over the next seven years. Growing environmental concerns and stringent government regulations on account of growing pollution levels are anticipated to propel industry growth.
Application Insights:
The other application segment includes the automotive, industrial and repair shops. The use of gasoline additives in this segment is expected to be driven by regulatory support for using such products in non-road applications. For instance, the U.S Environmental Protection Agency (EPA) has approved over 50 gasoline additives for non-road uses under various categories such as power equipment, outboard motors and lawn & garden equipment among others since 1992.
The home application segment accounted for a market share of 32% in 2017 owing to high product usage at homes across North America and Europe regions where fuel consumption is highest among consumers driving vehicles on daily basis.
Regional Analysis:
Asia Pacific dominated the global gasoline additive market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for gasoline additives. China is one of the largest markets for these additives owing to increasing demand from repair shops and fleet operators. Asia Pacific was followed by North America, which accounted for a significant share of global consumption in 2017 due to high vehicle penetration rates coupled with stringent environmental regulations by U.S EPA and California Air Resources Board (CARB).
Growth Factors:
- Increasing demand for gasoline additive from the automotive industry as it helps in improving fuel efficiency and reducing emissions.
- Growing awareness about the benefits of using gasoline additives among consumers, which is likely to boost demand for these products in the coming years.
- Rising concerns over air pollution and its impact on human health is expected to propel growth of the global gasoline additive market in near future.
- Technological advancements taking place in this market are anticipated to create new opportunities for players operating therein over the forecast period. 5) Stringent government regulations pertaining to environment protection are projected to positively impact growth of the global gasoline additive market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Gasoline Additive Market Research Report
By Type
Maintenance Type, Clean Type, Multifunctional, Fuel Saving
By Application
Home, Fleet, Repair Shop, Other
By Companies
M, Volkswagen, WD-40, BAFU, BMW, Chief, Chevron, HONDA, HKS, Speedmaster, China National Petroleum Corporation, Shell, Red Line, Lucas, Royal Purple
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Gasoline Additive Market Report Segments:
The global Gasoline Additive market is segmented on the basis of:
Types
Maintenance Type, Clean Type, Multifunctional, Fuel Saving
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
Home, Fleet, Repair Shop, Other
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:
- M
- Volkswagen
- WD-40
- BAFU
- BMW
- Chief
- Chevron
- HONDA
- HKS
- Speedmaster
- China National Petroleum Corporation
- Shell
- Red Line
- Lucas
- Royal Purple
Highlights of The Gasoline Additive 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:
- Maintenance Type
- Clean Type
- Multifunctional
- Fuel Saving
- By Application:
- Home
- Fleet
- Repair Shop
- Other
- 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 Gasoline Additive 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?
Gasoline additive is a substance that is added to gasoline to improve its performance. Common additives include octane boosters, anti-knocking agents, and detergents.
Some of the major companies in the gasoline additive market are M, Volkswagen, WD-40, BAFU, BMW, Chief, Chevron, HONDA, HKS, Speedmaster, China National Petroleum Corporation, Shell, Red Line, Lucas, Royal Purple.
The gasoline additive market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gasoline Additive 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 Gasoline Additive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gasoline Additive 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 Gasoline Additive 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 Gasoline Additive Market Size & Forecast, 2020-2028
4.5.1 Gasoline Additive Market Size and Y-o-Y Growth
4.5.2 Gasoline Additive 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 Maintenance Type
5.2.2 Clean Type
5.2.3 Multifunctional
5.2.4 Fuel Saving
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 Home
6.2.2 Fleet
6.2.3 Repair Shop
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gasoline Additive 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 Gasoline Additive 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 Maintenance Type
9.6.2 Clean Type
9.6.3 Multifunctional
9.6.4 Fuel Saving
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 Home
9.10.2 Fleet
9.10.3 Repair Shop
9.10.4 Other
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 Maintenance Type
10.6.2 Clean Type
10.6.3 Multifunctional
10.6.4 Fuel Saving
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 Home
10.10.2 Fleet
10.10.3 Repair Shop
10.10.4 Other
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 Maintenance Type
11.6.2 Clean Type
11.6.3 Multifunctional
11.6.4 Fuel Saving
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 Home
11.10.2 Fleet
11.10.3 Repair Shop
11.10.4 Other
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 Maintenance Type
12.6.2 Clean Type
12.6.3 Multifunctional
12.6.4 Fuel Saving
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 Home
12.10.2 Fleet
12.10.3 Repair Shop
12.10.4 Other
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 Maintenance Type
13.6.2 Clean Type
13.6.3 Multifunctional
13.6.4 Fuel Saving
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 Home
13.10.2 Fleet
13.10.3 Repair Shop
13.10.4 Other
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 Gasoline Additive Market: Competitive Dashboard
14.2 Global Gasoline Additive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Volkswagen
14.3.3 WD-40
14.3.4 BAFU
14.3.5 BMW
14.3.6 Chief
14.3.7 Chevron
14.3.8 HONDA
14.3.9 HKS
14.3.10 Speedmaster
14.3.11 China National Petroleum Corporation
14.3.12 Shell
14.3.13 Red Line
14.3.14 Lucas
14.3.15 Royal Purple
