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Fuel Additives Market in APAC 2024-2028

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    Report

  • 147 Pages
  • December 2024
  • Region: Asia Pacific
  • TechNavio
  • ID: 5557972
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The fuel additives market in apac is forecasted to grow by USD 721.9 million during 2023-2028, accelerating at a CAGR of 4.8% during the forecast period. The report on the fuel additives market in apac provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for ulsd, growing demand for fuel from end-user industries, and increasing demand for biofuels.

The fuel additives market in apac is segmented as below:

By Application

  • Diesel fuel additives
  • Gasoline fuel additives
  • Aviation fuel additives
  • Others

By Geographical Landscape

  • APAC
This study identifies the new developments in fuel additives as one of the prime reasons driving the fuel additives market in apac growth during the next few years. Also, growing demand for multifunctional additives and increasing popularity of mobile power plants will lead to sizable demand in the market.

The report on the fuel additives market in apac covers the following areas:

  • Fuel Additives Market in APAC sizing
  • Fuel Additives Market in APAC forecast
  • Fuel Additives Market in APAC industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fuel additives market in apac vendors that include Afton Chemical, Baker Hughes Co., BASF SE, Chevron Corp., Clariant International Ltd, Croda International Plc, Cummins Inc., Dorf Ketal Chemicals India Pvt. Ltd., Dow Inc., Eastman Chemical Co., Eni SpA, Evonik Industries AG, Exxon Mobil Corp., Infineum International Ltd., Innospec Inc., Lanxess AG, Shell plc, Solvay SA, The Lubrizol Corp., and TotalEnergies SE. Also, the fuel additives market in apac analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Chart on APAC: Year-over-year growth 2023-2028 (%)
Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size
5.1 Fuel Additives Market in APAC 2018 - 2022
Historic Market Size - Data Table on Fuel Additives Market in APAC 2018 - 2022 ($ million)
5.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
5.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Fuel Additives Market in APAC
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Diesel fuel additives - Market size and forecast 2023-2028
Chart on Diesel fuel additives - Market size and forecast 2023-2028 ($ million)
Data Table on Diesel fuel additives - Market size and forecast 2023-2028 ($ million)
Chart on Diesel fuel additives - Year-over-year growth 2023-2028 (%)
Data Table on Diesel fuel additives - Year-over-year growth 2023-2028 (%)
8.4 Gasoline fuel additives - Market size and forecast 2023-2028
Chart on Gasoline fuel additives - Market size and forecast 2023-2028 ($ million)
Data Table on Gasoline fuel additives - Market size and forecast 2023-2028 ($ million)
Chart on Gasoline fuel additives - Year-over-year growth 2023-2028 (%)
Data Table on Gasoline fuel additives - Year-over-year growth 2023-2028 (%)
8.5 Aviation fuel additives - Market size and forecast 2023-2028
Chart on Aviation fuel additives - Market size and forecast 2023-2028 ($ million)
Data Table on Aviation fuel additives - Market size and forecast 2023-2028 ($ million)
Chart on Aviation fuel additives - Year-over-year growth 2023-2028 (%)
Data Table on Aviation fuel additives - Year-over-year growth 2023-2028 (%)
8.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
8.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
9 Customer Landscape
9.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
10.1 Geographic segmentation
Chart on Market share By Geographical Landscape - 2023-2028 (%)
Data Table on Market share By Geographical Landscape - 2023-2028 (%)
10.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
10.3 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
10.4 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
10.5 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
10.6 Australia - Market size and forecast 2023-2028
Chart on Australia - Market size and forecast 2023-2028 ($ million)
Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Chart on Australia - Year-over-year growth 2023-2028 (%)
Data Table on Australia - Year-over-year growth 2023-2028 (%)
10.7 Rest of APAC - Market size and forecast 2023-2028
Chart on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Data Table on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Chart on Rest of APAC - Year-over-year growth 2023-2028 (%)
Data Table on Rest of APAC - Year-over-year growth 2023-2028 (%)
10.8 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Table on Market opportunity By Geographical Landscape ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Afton Chemical
Afton Chemical - Overview
Afton Chemical - Product / Service
Afton Chemical - Key offerings
SWOT
13.5 Baker Hughes Co.
Baker Hughes Co. - Overview
Baker Hughes Co. - Business segments
Baker Hughes Co. - Key news
Baker Hughes Co. - Key offerings
Baker Hughes Co. - Segment focus
SWOT
13.6 BASF SE
BASF SE - Overview
BASF SE - Business segments
BASF SE - Key news
BASF SE - Key offerings
BASF SE - Segment focus
SWOT
13.7 Chevron Corp.
Chevron Corp. - Overview
Chevron Corp. - Business segments
Chevron Corp. - Key news
Chevron Corp. - Key offerings
Chevron Corp. - Segment focus
SWOT
13.8 Clariant International Ltd
Clariant International Ltd - Overview
Clariant International Ltd - Business segments
Clariant International Ltd - Key news
Clariant International Ltd - Key offerings
Clariant International Ltd - Segment focus
SWOT
13.9 Croda International Plc
Croda International Plc - Overview
Croda International Plc - Business segments
Croda International Plc - Key news
Croda International Plc - Key offerings
Croda International Plc - Segment focus
SWOT
13.10 Dorf Ketal Chemicals India Pvt. Ltd.
Dorf Ketal Chemicals India Pvt. Ltd. - Overview
Dorf Ketal Chemicals India Pvt. Ltd. - Product / Service
Dorf Ketal Chemicals India Pvt. Ltd. - Key offerings
SWOT
13.11 Exxon Mobil Corp.
Exxon Mobil Corp. - Overview
Exxon Mobil Corp. - Business segments
Exxon Mobil Corp. - Key news
Exxon Mobil Corp. - Key offerings
Exxon Mobil Corp. - Segment focus
SWOT
13.12 Innospec Inc.
Innospec Inc. - Overview
Innospec Inc. - Business segments
Innospec Inc. - Key offerings
Innospec Inc. - Segment focus
SWOT
13.13 The Lubrizol Corp.
The Lubrizol Corp. - Overview
The Lubrizol Corp. - Product / Service
The Lubrizol Corp. - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 10: Overview on criticality of inputs and factors of differentiation
Exhibits 11: Overview on factors of disruption
Exhibits 12: Impact of drivers and challenges in 2023 and 2028
Exhibits 13: Parent Market
Exhibits 14: Data Table on - Parent Market
Exhibits 15: Market characteristics analysis
Exhibits 16: Value Chain Analysis
Exhibits 17: Offerings of companies included in the market definition
Exhibits 18: Market segments
Exhibits 19: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Chart on APAC: Year-over-year growth 2023-2028 (%)
Exhibits 22: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 23: Historic Market Size - Data Table on Fuel Additives Market in APAC 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2023 and 2028
Exhibits 27: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 31: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 32: Chart on Market condition - Five forces 2023 and 2028
Exhibits 33: Chart on Application - Market share 2023-2028 (%)
Exhibits 34: Data Table on Application - Market share 2023-2028 (%)
Exhibits 35: Chart on Comparison by Application
Exhibits 36: Data Table on Comparison by Application
Exhibits 37: Chart on Diesel fuel additives - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Data Table on Diesel fuel additives - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Chart on Diesel fuel additives - Year-over-year growth 2023-2028 (%)
Exhibits 40: Data Table on Diesel fuel additives - Year-over-year growth 2023-2028 (%)
Exhibits 41: Chart on Gasoline fuel additives - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Data Table on Gasoline fuel additives - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Chart on Gasoline fuel additives - Year-over-year growth 2023-2028 (%)
Exhibits 44: Data Table on Gasoline fuel additives - Year-over-year growth 2023-2028 (%)
Exhibits 45: Chart on Aviation fuel additives - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Data Table on Aviation fuel additives - Market size and forecast 2023-2028 ($ million)
Exhibits 47: Chart on Aviation fuel additives - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Aviation fuel additives - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 53: Market opportunity by Application ($ million)
Exhibits 54: Data Table on Market opportunity by Application ($ million)
Exhibits 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 56: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 57: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 58: Chart on Geographic comparison
Exhibits 59: Data Table on Geographic comparison
Exhibits 60: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 61: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 68: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 69: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Chart on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 76: Chart on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 77: Data Table on Rest of APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Chart on Rest of APAC - Year-over-year growth 2023-2028 (%)
Exhibits 79: Data Table on Rest of APAC - Year-over-year growth 2023-2028 (%)
Exhibits 80: Market opportunity By Geographical Landscape ($ million)
Exhibits 81: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 82: Impact of drivers and challenges in 2023 and 2028
Exhibits 83: Overview on criticality of inputs and factors of differentiation
Exhibits 84: Overview on factors of disruption
Exhibits 85: Impact of key risks on business
Exhibits 86: Companies covered
Exhibits 87: Company ranking index
Exhibits 88: Matrix on companies position and classification
Exhibits 89: Afton Chemical - Overview
Exhibits 90: Afton Chemical - Product / Service
Exhibits 91: Afton Chemical - Key offerings
Exhibits 92: SWOT
Exhibits 93: Baker Hughes Co. - Overview
Exhibits 94: Baker Hughes Co. - Business segments
Exhibits 95: Baker Hughes Co. - Key news
Exhibits 96: Baker Hughes Co. - Key offerings
Exhibits 97: Baker Hughes Co. - Segment focus
Exhibits 98: SWOT
Exhibits 99: BASF SE - Overview
Exhibits 100: BASF SE - Business segments
Exhibits 101: BASF SE - Key news
Exhibits 102: BASF SE - Key offerings
Exhibits 103: BASF SE - Segment focus
Exhibits 104: SWOT
Exhibits 105: Chevron Corp. - Overview
Exhibits 106: Chevron Corp. - Business segments
Exhibits 107: Chevron Corp. - Key news
Exhibits 108: Chevron Corp. - Key offerings
Exhibits 109: Chevron Corp. - Segment focus
Exhibits 110: SWOT
Exhibits 111: Clariant International Ltd - Overview
Exhibits 112: Clariant International Ltd - Business segments
Exhibits 113: Clariant International Ltd - Key news
Exhibits 114: Clariant International Ltd - Key offerings
Exhibits 115: Clariant International Ltd - Segment focus
Exhibits 116: SWOT
Exhibits 117: Croda International Plc - Overview
Exhibits 118: Croda International Plc - Business segments
Exhibits 119: Croda International Plc - Key news
Exhibits 120: Croda International Plc - Key offerings
Exhibits 121: Croda International Plc - Segment focus
Exhibits 122: SWOT
Exhibits 123: Dorf Ketal Chemicals India Pvt. Ltd. - Overview
Exhibits 124: Dorf Ketal Chemicals India Pvt. Ltd. - Product / Service
Exhibits 125: Dorf Ketal Chemicals India Pvt. Ltd. - Key offerings
Exhibits 126: SWOT
Exhibits 127: Exxon Mobil Corp. - Overview
Exhibits 128: Exxon Mobil Corp. - Business segments
Exhibits 129: Exxon Mobil Corp. - Key news
Exhibits 130: Exxon Mobil Corp. - Key offerings
Exhibits 131: Exxon Mobil Corp. - Segment focus
Exhibits 132: SWOT
Exhibits 133: Innospec Inc. - Overview
Exhibits 134: Innospec Inc. - Business segments
Exhibits 135: Innospec Inc. - Key offerings
Exhibits 136: Innospec Inc. - Segment focus
Exhibits 137: SWOT
Exhibits 138: The Lubrizol Corp. - Overview
Exhibits 139: The Lubrizol Corp. - Product / Service
Exhibits 140: The Lubrizol Corp. - Key offerings
Exhibits 141: SWOT
Exhibits 142: Inclusions checklist
Exhibits 143: Exclusions checklist
Exhibits 144: Currency conversion rates for US$
Exhibits 145: Research methodology
Exhibits 146: Information sources
Exhibits 147: Data validation
Exhibits 148: Validation techniques employed for market sizing
Exhibits 149: Data synthesis
Exhibits 150: 360 degree market analysis
Exhibits 151: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the fuel additives market in apac: Afton Chemical, Baker Hughes Co., BASF SE, Chevron Corp., Clariant International Ltd, Croda International Plc, Cummins Inc., Dorf Ketal Chemicals India Pvt. Ltd., Dow Inc., Eastman Chemical Co., Eni SpA, Evonik Industries AG, Exxon Mobil Corp., Infineum International Ltd., Innospec Inc., Lanxess AG, Shell plc, Solvay SA, The Lubrizol Corp., and TotalEnergies SE.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is new developments in fuel additives."

According to the report, one of the major drivers for this market is the rising demand for ulsd.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Afton Chemical
  • Baker Hughes Co.
  • BASF SE
  • Chevron Corp.
  • Clariant International Ltd
  • Croda International Plc
  • Cummins Inc.
  • Dorf Ketal Chemicals India Pvt. Ltd.
  • Dow Inc.
  • Eastman Chemical Co.
  • Eni SpA
  • Evonik Industries AG
  • Exxon Mobil Corp.
  • Infineum International Ltd.
  • Innospec Inc.
  • Lanxess AG
  • Shell plc
  • Solvay SA
  • The Lubrizol Corp.
  • TotalEnergies SE