Market Overview:
The global octane improver fuel additives market is estimated to be valued at US$ XX Mn in 2018 and is projected to register a CAGR of X.X% over the forecast period (2018-2030), according to a new study by Transparency Market Research (TMR). The increasing demand for gasoline owing to the growing automotive sector is expected to drive the growth of the global octane improver fuel additives market. In addition, stringent environmental regulations regarding emissions are also anticipated to propel the demand for octane improvers over the forecast period. The global octane improver fuel additives market can be segmented on the basis of type into ethanol, methyl tertiary-butyl ether (MTBE), and ethyl tertiary-butyl ether (ETBE). The ethanol segment is projected to account for a major share ofthe global octane improver fuel additives market in 2018. This can be attributedto its properties such as high oxygen content and low volatility that make it an ideal additive for gasoline blending. Onthe basisofapplication, themarketcanbe dividedinto automotive, industrial, manufacturing, and others segments.
Product Definition:
An octane improver fuel additive is a substance that is added to gasoline in order to increase its octane rating. The octane rating is a measure of how much compression the fuel can withstand before detonating. A higher octane rating means that the fuel will be less likely to detonate prematurely, which can cause engine damage. Octane improver fuel additives are used in high-performance engines and racing cars where it is important to have a high-octane fuel that will not detonate prematurely.
Ethanol:
Ethanol is an organic compound and a primary alcohol. It can be derived from natural sources such as corn, wheat, and sugarcane. Ethanol is also produced by the fermentation of sugars in the presence of yeast. The most common use of ethanol is as an additive for gasoline to increase its octane rating number which makes it suitable for use in conventional engines designed to run on gasoline.
Methyl Tertiary-Butyl Ether (MTBE):
Methyl tertiary-butyl ether (MTBE) is an organic compound, which is colorless and volatile. It has a strong odor similar to gasoline. MTBE can be produced by several methods including the catalytic hydration of acetone with terephthalic acid or through the hydrolysis of dimethyl tetrabutyl ether.
Application Insights:
Automotive was the largest application segment in 2017 and is projected to witness a CAGR of XX% over the forecast period. Automotive gasoline contains ethanol, which is derived from grains, fruits and seeds. The presence of oxygenated compounds in these products leads to an increase in combustion temperatures, which results in increased power generation by engines. This factor is anticipated to fuel demand for GI Octane Improver Fuel Additives over the next eight years.
The manufacturing industry accounted for a significant share on account of high-performance characteristics offered by its products such as corrosion prevention, surface protection.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for gasoline from various end-use industries such as manufacturing, automotive, and others. China is one of the major countries contributing to regional growth owing to presence of a large number of manufacturers along with growing automobile production in India, Indonesia, Malaysia, Thailand among other Southeast Asian countries.
Europe accounted for more than 20% share in global octane improver fuel additives market by volume due to stringent regulations on automotive industry coupled with environmental regulations regarding carbon emissions from vehicles that require higher efficiency fuels for proper operation. Stringent European Union (EU) regulation demands reduction in average fleet age by two years or three million cars per year starting from 2014 until 2020; this scenario will further escalate business opportunities across Europe during the forecast period.
Growth Factors:
- Increasing demand for octane improver fuel additives from the automotive sector as it helps in improving engine performance and reduces emissions.
- Growing awareness about the benefits of octane improver fuel additives among consumers, which is resulting in an increase in their adoption across different regions.
- The increasing popularity of flex-fuel vehicles that run on various blends of ethanol and gasoline is expected to boost the demand for octane improver fuel additives over the forecast period.
- Stringent government regulations pertaining to vehicle emissions are likely to create opportunities for octane improver fuel additive manufacturers in the coming years. 5) The increasing penetration of electric vehicles is anticipated to hamper the growth of the global octane improver fuel additive market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Octane Improver Fuel Additives Market Research Report
By Type
Ethanol, Methyl Tertiary-Butyl Ether (MTBE), Ethyl Tertiary-Butyl Ether (ETBE)
By Application
Automotive, Industrial, Manufacturing, Others
By Companies
Innospec, Dorf Ketal, Total, Afton Chemical, LyondellBasell Industries, Cestoil Chemical Inc, KENNOL Performance Oil, LUBRITA Europe B.V, Rheochemie GmbH
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Octane Improver Fuel Additives Market Report Segments:
The global Octane Improver Fuel Additives market is segmented on the basis of:
Types
Ethanol, Methyl Tertiary-Butyl Ether (MTBE), Ethyl Tertiary-Butyl Ether (ETBE)
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
Automotive, Industrial, Manufacturing, 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:
- Innospec
- Dorf Ketal
- Total
- Afton Chemical
- LyondellBasell Industries
- Cestoil Chemical Inc
- KENNOL Performance Oil
- LUBRITA Europe B.V
- Rheochemie GmbH
Highlights of The Octane Improver Fuel Additives 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:
- Ethanol
- Methyl Tertiary-Butyl Ether (MTBE)
- Ethyl Tertiary-Butyl Ether (ETBE)
- By Application:
- Automotive
- Industrial
- Manufacturing
- 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 Octane Improver Fuel Additives 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Octane improver fuel additives are chemicals that help to increase the octane rating of a fuel. This can be useful in engines that require higher octane ratings, such as racing cars or aircraft.
Some of the major players in the octane improver fuel additives market are Innospec, Dorf Ketal, Total, Afton Chemical, LyondellBasell Industries, Cestoil Chemical Inc, KENNOL Performance Oil, LUBRITA Europe B.V, Rheochemie GmbH.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Octane Improver Fuel Additives 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 Octane Improver Fuel Additives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Octane Improver Fuel Additives 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 Octane Improver Fuel Additives 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 Octane Improver Fuel Additives Market Size & Forecast, 2020-2028
4.5.1 Octane Improver Fuel Additives Market Size and Y-o-Y Growth
4.5.2 Octane Improver Fuel Additives 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 Ethanol
5.2.2 Methyl Tertiary-Butyl Ether (MTBE)
5.2.3 Ethyl Tertiary-Butyl Ether (ETBE)
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 Automotive
6.2.2 Industrial
6.2.3 Manufacturing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Octane Improver Fuel Additives 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 Octane Improver Fuel Additives 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 Ethanol
9.6.2 Methyl Tertiary-Butyl Ether (MTBE)
9.6.3 Ethyl Tertiary-Butyl Ether (ETBE)
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 Automotive
9.10.2 Industrial
9.10.3 Manufacturing
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 Ethanol
10.6.2 Methyl Tertiary-Butyl Ether (MTBE)
10.6.3 Ethyl Tertiary-Butyl Ether (ETBE)
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 Automotive
10.10.2 Industrial
10.10.3 Manufacturing
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 Ethanol
11.6.2 Methyl Tertiary-Butyl Ether (MTBE)
11.6.3 Ethyl Tertiary-Butyl Ether (ETBE)
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 Automotive
11.10.2 Industrial
11.10.3 Manufacturing
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 Ethanol
12.6.2 Methyl Tertiary-Butyl Ether (MTBE)
12.6.3 Ethyl Tertiary-Butyl Ether (ETBE)
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 Automotive
12.10.2 Industrial
12.10.3 Manufacturing
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 Ethanol
13.6.2 Methyl Tertiary-Butyl Ether (MTBE)
13.6.3 Ethyl Tertiary-Butyl Ether (ETBE)
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 Automotive
13.10.2 Industrial
13.10.3 Manufacturing
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 Octane Improver Fuel Additives Market: Competitive Dashboard
14.2 Global Octane Improver Fuel Additives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Innospec
14.3.2 Dorf Ketal
14.3.3 Total
14.3.4 Afton Chemical
14.3.5 LyondellBasell Industries
14.3.6 Cestoil Chemical Inc
14.3.7 KENNOL Performance Oil
14.3.8 LUBRITA Europe B.V
14.3.9 Rheochemie GmbH
