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Fuel Additives Market by Applications
Bharatbook.com announces a new report on "Fuel Additives Market by Applications". It is used for improving fuel efficiency and better the performance and reduce degradation of machinery and equipment. Their major application is in engine oils.
Lubricant additives can be categorized into ten major types based on their functions, which are dispersants, viscosity index improvers, detergents, antiwear, antioxidants, corrosion inhibitors, emulsifiers, friction modifiers, EP, PPDs, and others. These are made of raw material/ chemicals such as poly amines, phenols, olefin, maleic anhydride, and others.
Lubricant additives find their usage in various industries for one or more applications. It is used for improving fuel efficiency and better the performance and reduce degradation of machinery and equipment. Their major application is in engine oils for automotive and industrial lubricants. These include heavy duty vehicles, passenger cars, and light duty vehicles, marine and motorcycles, industrial machines such as turbines, compressors, industrial process engines, and others.
Lubricant additive components such as dispersants, VI improvers and detergents dominate the market, capturing nearly 70% of the overall lubricant additives demand. These are used for a wide range of applications, the major one being engines. The lubricant additives industry is experiencing focus shift towards fuel economy, which will result in high growth of friction modifiers and VI improvers in the coming years.
Upcoming opportunities in the lubricant additives market include innovative and environment friendly products through extensive R&D. Continuous R&D and product innovation will result in increased properties, promoting the economic production of these solvents. The other factors that must be taken into account are cleaner fuels, alternate fuel vehicles such as electric cars, solar cars have high market penetration, but will still need another decade to be completely commercialized on a global scale.
On the other hand, the Dual Clutch Technology (DCT) may unfold great opportunities for technological innovation and business expansion of lubricant additives in the years to come.
This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Lubricant additives market consists of major players such as Lubrizol (U.S.), BASF (Germany), Chevron Oronite (U.S.), Afton (U.S.), Infineum (U.K.), Croda (U.K.), Evonik (Germany) and regional players such as Tianhe Chemicals Group (China).
Table of Content:
1 INTRODUCTION 22
1.1 OBJECTIVES OF THE STUDY 22
1.2 REPORT DESCRIPTION 23
1.3 MARKETS COVERED 24
1.4 STAKEHOLDERS 25
1.5 RESEARCH METHODOLOGY 25
1.5.1 MARKET SIZE 25
1.5.2 KEY DATA TAKEN FROM SECONDARY SOURCES 26
1.5.3 LIST OF SECONDARY DATA SOURCES 27
1.5.4 KEY DATA TAKEN FROM PRIMARY SOURCES 27
1.5.5 ASSUMPTIONS MADE FOR THE REPORT 27
2 EXECUTIVE SUMMARY 29
3 PREMIUM INSIGHTS 33
3.1 MARKET SEGMENTATION 33
3.2 ASIA-PACIFIC EXPECTED TO DOMINATE THE MARKET, BY 2019 34
3.3 NORTH AMERICA ANTICIPATED TO LOSE ITS HOLD ON THE MARKET TO ASIA-PACIFIC 35
3.4 DIESEL ADDITIVES TO DOMINATE THE MARKET BY 2019 36
3.5 DEPOSIT CONTROL ADDITIVES–THE LARGEST MARKET SIZE($MILLION)
3.6 MOST COMPANIES RELIED ON EXPANSION STRATEGY FOR GROWTH 38
3.7 GROWTH STRATEGIES ADOPTED BY TOP 5 COMPANIES 2010-2014 39
4 MARKET OVERVIEW 41
4.1 INTRODUCTION 42
4.2 VALUE CHAIN ANALYSIS 44
4.3 MARKET DYNAMICS 45
4.3.1 DRIVERS 45
220.127.116.11 Stringent Environmental Regulations 46
18.104.22.168.1 Growth of Automotive Industry 47
22.214.171.124.2 Lower Cost of Production 48
126.96.36.199 Depleting Quality of Crude Oil 49
188.8.131.52 Demand For Clean & Efficient Fuel 50
4.3.2 RESTRAINTS 51
184.108.40.206 Rise in Demand for Alternate Fuels 52
220.127.116.11 Stagnant Demand for High-end Gasoline 53
18.104.22.168 Huge Investment in R&D, Technology 54
4.3.3 OPPORTUNITIES 55
22.214.171.124 Increase in Demand of Ultra Low Sulfur Diesel (ULSD) 55
126.96.36.199 Demand for Better Quality Fuel in Asia-Pacific 57
4.4 BURNING ISSUES 58
4.4.1 NO AFTERMARKET IN FUEL PRICE SENSITIVE MARKETS 58
4.5 WINNING IMPERATIVES 58
4.5.1 FOCUS ON PRODUCT INNOVATION & MODIFICATION 58
4.5.2 EXPANSION INTO NEW & EMERGING MARKETS 59
4.6 PRICE ANALYSIS 61
4.7 MARKET SHARE ANALYSIS 62
4.8 PORTER’S FIVE FORCES ANALYSIS 64
4.8.1 BARGAINING POWER OF BUYERS 64
4.8.2 BARGAINING POWER OF SUPPLIERS 65
4.8.3 THREAT OF NEW ENTRANTS 65
4.8.4 THREAT OF SUBSTITUTES 66
4.8.5 COMPETITIVE RIVALRY WITHIN THE INDUSTRY 66
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