DUBLIN--(BUSINESS WIRE)--The "North America Fuel Additives Market - Segmented by Product Type, Application, and Geography - Growth, Trends, and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The North America fuel additives market is expected to grow at a moderate CAGR during the forecast period 2018 - 2023
The market is driven by several factors, such as the enactment of stringent environmental regulations and the increasing demand for clean and efficient fuel.
Fuel additives are an integral part of automotive, industrial, and aerospace applications. In this report, the principal end-user industry segments taken into consideration are diesel, gasoline, jet fuel, and others.
Stringent Regulations to Drive the Demand for Fuel Additives
Fuel additives aid in minimizing the emissions and enhancing the performance of the vehicle. Environmental concerns related to depletion of resources are creating a considerable demand for fuel additives. The emission regulations in the United States are considered to be the most stringent, with the California standards being more stringent in nature.
New regulations have been developed progressively to curb the emission levels continuously, with the Tier 3 standards are in place currently. Currently, there is also an increasing focus on enhancing the fuel economy as per the Corporate Average Fuel Economy (CAFE) standards. This shift in focus has further increased the importance of fuel additives.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
6. Regional Market Analysis (Market Size, Growth, and Forecast)
7. Competitive Landscape
8. Company Profiles
- AkzoNobel N.V.
- BASF SE
- Chevron Corporation
- Evonik Industries
- Exxon Mobil Corporation
- Innospec Inc.
- Lucas Oil Products Inc.
- Petrolabs Chemical Company Inc.
- Royal Dutch Shell Plc.
- The Lubrizol Corporation
- Total SA
For more information about this report visit https://www.researchandmarkets.com/research/t985sz/north_america?w=4