FUEL ADDITIVE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Name: Fuel Additive Market News
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Fuel Additive Market Size, Fuel Additive Market Share, Fuel Additive Market Trends, Fuel Additive Market Growth, Fuel Additive Market Analysis, Fuel Additive Market Forecast, Fuel Additive Market Report, Fuel Additive Industry Report

Fuel Additive Market, By Type (Deposit Control Additives, Octane Boosters, Lubricity Additives, Cold Flow Improvers, Antioxidants, and Others), By Fuel Type (Gasoline, Diesel, Aviation Fuel, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Sep 2024
Code : CMI7402
Pages :140
Formats :
Excel and PDF
Industry : Bulk Chemicals

Key Developments

In May 2024, Braskem announced the launch of Octane Plus, a new product tailored for the Global Fuel Additive Market. This innovative additive is designed to enhance the octane rating of fuels, improving engine performance and efficiency while reducing emissions.
In January 2024, BASF, a leading global chemical company, launched a new bottle of its Keropur gasoline additive in Taiwan. This innovative product is designed to enhance fuel performance and efficiency, providing consumers with a reliable solution to improve engine cleanliness and reduce emissions. The Keropur additive is formulated to optimize combustion, leading to better fuel economy and overall engine performance.
In 2022, Afton Chemical launched Greenclean 3, an advanced diesel fuel detergent technology in North America. This innovative product is designed to enhance the performance of diesel engines, particularly for heavy-duty fleets and off-road vehicles that utilize state-of-the-art engine technology and pollution control systems.
In 2022, Afton Chemical Corporation successfully completed the expansion of its Phase 3 Chemical Additive Manufacturing Facility in Singapore. This expansion was aimed at enhancing the company's capabilities in blending fuel performance additives (GPA), enabling Afton to better serve its customers in the Asian market.