Lucintel Anticipates Asia Pacific to Consume More Than 28% of Fuel Additives by 2019

Irving, TX, December 03, 2014 --(PR.com)-- Fuel additives are used in a variety of applications, such as gasoline, diesel, aviation fuel, marine fuel, and heating oil. Fuel additives are chemical substances which are added in fuels to enhance certain properties and to cope with adversities, such as corrosion, low cetane number, cold filter plugging point, and high pour point. The Asia Pacific region is expected to represent more than 28% of the global fuel additives market by 2019. Growing penetration of biofuels and biofuel blending, stricter enforcement of environmental regulations in various countries is expected to increase the demand for fuel additives.

The global fuel additives market is expected to reach an estimated value of $7.8 billion by 2019. Gasoline application was the largest consumer of fuel additives in 2013, but the diesel market is anticipated to surpass gasoline as the largest segment for fuel additives by 2019. Afton Chemical Corporation, Lubrizol, Innospec Inc., Infineum International Ltd., and BASF SE are some of the suppliers of fuel additives.

Lucintel, a leading global management consulting and market research firm, has analyzed the global fuel additives market by various segments and regions and has come up with a comprehensive research report, “Global Fuel Additives Market 2014-2019: Trends, Forecast, and Opportunity Analysis.” This report provides an analysis of the fuel additives market, including the analysis of market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes the global fuel additives market forecasts through 2019, segmented by regions, applications, and functions as follows:

The global fuel additives market segmented by regions:
· North America
· Europe
· Asia Pacific
· Rest of the World

The global fuel additives market segmented by end user applications:
· Gasoline
· Diesel
· Others (Aviation Fuel, Marine Fuel, and Heating Oil)

The global fuel additives market segmented by functions:
· Deposit Control Additives
· Cetane Improvers
· Antioxidants
· Corrosion Inhibitors
· Lubricity Improvers
· Others

This 170-pages research report will enable you to make confident business decisions in the global fuel additives market. For a detailed table of contents and pricing information on this timely, insightful report and other chemical report and chemical industry analysis report contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact them through Live Chat in its website to answer your questions in real time.

About Lucintel
Lucintel, the premier global management consulting and market research company creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, market entry strategy, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.