Product Code: 978-1-68038-007-1
Specialty Fuel Additives Market Growth & Trends:
The global specialty fuel additives market size is anticipated to reach USD 16.75 billion by 2030, registering a CAGR of 7.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing demand for low emission and efficient energy sources from the manufacturing, aviation, and automobiles along with stringent environmental regulations is projected to boost the market growth.
The increasing levels of toxic emissions as a result of fuel used in vehicles has led to an adverse impact on the environment. This has led to increased use of specialty additives across the world, which helps curb harmful gas emissions from the vehicle. They help enhance the efficiency of gasoline, distillates, diesel, and other fuels. It reduces combustion and burn rate in high temperatures and avoids dreadful emissions of pollutants.
The constant focus on new product development and innovation in the specialty fuel supplements to reduce exhaust emissions and improve mileage is expected to augment future growth. The introduction of new engine technology and demand for higher efficiency is leading to the growth of the product. The U.S., China, and India are estimated to dominate the additives market.
Factors, such as focus on new product developments and innovation in the specialty fuel supplements in an attempt to reduce exhaust emissions and improve mileage of the vehicle, are expected to augment the future growth. In addition, introduction of new engine technology and the demand for higher fuel efficiency are contributing toward the product growth. Countries, such as the U.S., China, and India, are estimated to dominate the additives market.
Rapid urbanization coupled with the rising automobile industry in the emerging economies of Asia Pacific, such as China and India, is projected to trigger the demand for specialty fuel additives in the region. In addition, the substantial price difference between diesel and gasoline powered vehicles in key markets like India is the major reason responsible for the increased penetration. However, inclination toward electric vehicles in developing as well as developed nations acts as a threat to fossil fuel powered vehicles and thus fuel additives.
Asia-Pacific is projected to grow at the highest CAGR on account of rapid industrialization, demand for increasing efficiency, and implementation of stringent emission control regulation in China, India, and Japan. Rapidly growing automotive industry in Asia Pacific will certainly impact the fuel supplements demand positively over the forecast period.
Specialty Fuel Additives Market Report Highlights:
- Diesel is projected to be the fastest-growing segment from 2025 to 2030. Diesel segment is majorly driven by developing countries such as India, Indonesia, Thailand, and China. In North America and Europe, increasing use for ULSD, which requires a large number of fuel additives is expected to drive the demand for specialty fuel additives over the forecast period.
- Deposit control supplements emerged as the dominant segment account for the largest share of more than 36.9%, in terms of revenue, in 2024.
- The others segment that comprises dyes & markers and metal deactivators accounted for more than 6.0% of the supplements market in 2024.
- Asia Pacific dominated the specialty fuel additives market and accounted for more than 29.5% share of the global revenue in 2024. Asia-Pacific is projected to grow at the highest CAGR on account of rapid industrialization, demand for increasing efficiency, and implementation of stringent emission control regulation in China, India, and Japan.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Specialty Fuel Additives Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Specialty Fuel Additives Market: Product Estimates & Trend Analysis
- 4.1. Product Segment Dashboard
- 4.2. Specialty Fuel Additives Market: Product Movement Analysis & Market Share, 2024 & 2030
- 4.3. Deposit Control
- 4.3.1. Deposit Control Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.4. Cetane Improvers
- 4.4.1. Cetane Improvers Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.5. Antioxidants
- 4.5.1. Antioxidants Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.6. Lubricity Improvers
- 4.6.1. Lubricity Improvers Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.7. Cold Flow Improvers
- 4.7.1. Cold Flow Improvers Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.8. Corrosion Inhibitors
- 4.8.1. Corrosion Inhibitors Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.9. Other
- 4.9.1. Other Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Specialty Fuel Additives Market: Application Estimates & Trend Analysis
- 5.1. Application Segment Dashboard
- 5.2. Specialty Fuel Additives Market: Application Movement Analysis & Market Share, 2024 & 2030
- 5.3. Gasoline
- 5.3.1. Gasoline Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.4. Diesel
- 5.4.1. Diesel Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.5. Aviation Turbine Fuel
- 5.5.1. Aviation Turbine Fuel Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.6. Other
- 5.6.1. Other Market Revenue Estimates and Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Specialty Fuel Additives Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.2. North America
- 6.2.1. North America Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key Country Dynamics
- 6.2.2.2. U.S. Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key Country Dynamics
- 6.2.3.2. Canada Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3. Europe
- 6.3.1. Europe Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Key Country Dynamics
- 6.3.2.2. Germany Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3. U.K.
- 6.3.3.1. Key Country Dynamics
- 6.3.3.2. U.K. Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4. France
- 6.3.4.1. Key Country Dynamics
- 6.3.4.2. France Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2. China
- 6.4.2.1. Key Country Dynamics
- 6.4.2.2. China Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3. India
- 6.4.3.1. Key Country Dynamics
- 6.4.3.2. India Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4. Japan
- 6.4.4.1. Key Country Dynamics
- 6.4.4.2. Japan Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key Country Dynamics
- 6.5.2.2. Brazil Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key Country Dynamics
- 6.6.2.2. Saudi Arabia Specialty Fuel Additives Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Specialty Fuel Additives Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map
- 7.4. Position Analysis, 2024
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research and Development
- 7.6. Company Profiles
- 7.6.1. NewMarket Corporation
- 7.6.1.1. Participant's Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Product Benchmarking
- 7.6.1.4. Recent Developments
- 7.6.2. Innospec
- 7.6.2.1. Participant's Overview
- 7.6.2.2. Financial Performance
- 7.6.2.3. Product Benchmarking
- 7.6.2.4. Recent Developments
- 7.6.3. BASF
- 7.6.3.1. Participant's Overview
- 7.6.3.2. Financial Performance
- 7.6.3.3. Product Benchmarking
- 7.6.3.4. Recent Developments
- 7.6.4. Infineum International Limited
- 7.6.4.1. Participant's Overview
- 7.6.4.2. Financial Performance
- 7.6.4.3. Product Benchmarking
- 7.6.4.4. Recent Developments
- 7.6.5. Albemarle Corporation
- 7.6.5.1. Participant's Overview
- 7.6.5.2. Financial Performance
- 7.6.5.3. Product Benchmarking
- 7.6.5.4. Recent Developments
- 7.6.6. Baker Hughes Company
- 7.6.6.1. Participant's Overview
- 7.6.6.2. Financial Performance
- 7.6.6.3. Product Benchmarking
- 7.6.6.4. Recent Developments
- 7.6.7. Dow
- 7.6.7.1. Participant's Overview
- 7.6.7.2. Financial Performance
- 7.6.7.3. Product Benchmarking
- 7.6.7.4. Recent Developments
- 7.6.8. Chevron Oronite Company LLC
- 7.6.8.1. Participant's Overview
- 7.6.8.2. Financial Performance
- 7.6.8.3. Product Benchmarking
- 7.6.8.4. Recent Developments
- 7.6.9. The Lubrizol Corporation
- 7.6.9.1. Participant's Overview
- 7.6.9.2. Financial Performance
- 7.6.9.3. Product Benchmarking
- 7.6.9.4. Recent Developments
- 7.6.10. TotalEnergies
- 7.6.10.1. Participant's Overview
- 7.6.10.2. Financial Performance
- 7.6.10.3. Product Benchmarking
- 7.6.10.4. Recent Developments
- 7.6.11. Dorf Ketal
- 7.6.11.1. Participant's Overview
- 7.6.11.2. Financial Performance
- 7.6.11.3. Product Benchmarking
- 7.6.11.4. Recent Developments
- 7.6.12. Clariant
- 7.6.12.1. Participant's Overview
- 7.6.12.2. Financial Performance
- 7.6.12.3. Product Benchmarking
- 7.6.12.4. Recent Developments
- 7.6.13. Eurenco
- 7.6.13.1. Participant's Overview
- 7.6.13.2. Financial Performance
- 7.6.13.3. Product Benchmarking
- 7.6.13.4. Recent Developments
- 7.6.14. NALCO Champion
- 7.6.14.1. Participant's Overview
- 7.6.14.2. Financial Performance
- 7.6.14.3. Product Benchmarking
- 7.6.14.4. Recent Developments
- 7.6.15. Evonik Industries AG
- 7.6.15.1. Participant's Overview
- 7.6.15.2. Financial Performance
- 7.6.15.3. Product Benchmarking
- 7.6.15.4. Recent Developments