Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
In this report, the global Aftermarket Fuel Additives market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025.
Increasing adoption of diesel fuel additives is expected to propel growth of the global aftermarket fuel additives market during the forecast period. Diesel fuel additives are extensively used in different regions, especially Asia Pacific and Europe. The demand for ultra-low sulphur diesel is rapidly increasing in these regions.
Stringent environmental regulations on vehicular emissions is expected to offer lucrative growth opportunities for players in the global aftermarket fuel additives market.
However, high R&D costs is expected to hinder growth of the global aftermarket fuel additives market. Launch of electric vehicles and government initiatives to boot adoption of such alternative fuel vehicles is also expected to limit growth of the global aftermarket fuel additives market. For instance, in January 2020, Great Wall Motor, a China-based automobile manufacturer, announced to launch its electric car Ora R1 in India in 2020. In March 2020, the state government of Utah passed legislation that would allow Rocky Mountain Power to invest US$ 50 million in electric vehicle charging infrastructure
Emergence of Covid-19 has significantly impacted the global aftermarket fuel additives market during the forecast period. In April 2020, Kia Motors announced that its South Korea-based contract manufacturer for compact vehicles has suspended production. Moreover, the new car registrations in the U.K. decreased by 44% in March 2020 compared that in March 2019, according to the Society of Motor Manufacturers and Traders.
The sale of Retail passenger cars increased in China in August 2020, which is a good sign for the global aftermarket fuel additives market. For instance, according to the China Passenger Car Association, China’s car sales grew at their fastest rate in more than two years in August 2020. Retail passenger-car sales in the country increased by 8.9% in August from a year earlier to 1.7 million vehicles.
Key Takeaways
- Increasing adoption of diesel fuel additives is expected to propel growth of the global aftermarket fuel additives market during the forecast period
- Major players in the market are focused on investment in manufacturing facilities to enhance their market share. For instance, in August 2020, Afton Chemical Corporation received approval from the Afton Chemical board to invest in Gasoline Performance Additives (GPA) blending capabilities at its Singapore Chemical Additive Manufacturing Facility.
- Major players operating in the global aftermarket fuel additives market include, Ashland Inc., BASF SE, Afton Chemical Corporation, BG Products, Inc., Evonik Industries AG, Infineum International Ltd., Chevron Corporation, Innospec Specialty Chemicals, Lucas Oil Products Inc., Total S.A., and Lubrizol Corporation
Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Aftermarket Fuel Additives for these regions, from 2018 to 2025 (forecast), covering
United States
China
Europe
Japan
Southeast Asia
India
Global Aftermarket Fuel Additives market competition by top manufacturers/players, with Aftermarket Fuel Additives sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players including
Afton Chemical Corporation
Chevron Corporation
Evonik Company
Lubrizol Corporation
Total S.A.
Evonik. Company
...
On the basis of product, this report displays the sales volume (K MT), revenue (Million USD), product price (USD/MT), market share and growth rate of each type, primarily split into
Octane Booster
Cetane Improver
Corrosion Inhibitor
Antioxidants
Deposit Control
Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Aftermarket Fuel Additives for each application, including
Automotive
Oil & Gas
Table of Contents
Global Aftermarket Fuel Additives Sales Market Report 2019
1 Aftermarket Fuel Additives Market Overview
1.1 Product Overview and Scope of Aftermarket Fuel Additives
1.2 Classification of Aftermarket Fuel Additives by Product Category
1.2.1 Global Aftermarket Fuel Additives Market Size (Sales) Comparison by Type (2014-2024)
1.2.2 Global Aftermarket Fuel Additives Market Size (Sales) Market Share by Type (Product Category) in 2016
1.2.3 Octane Booster
1.2.4 Cetane Improver
1.2.5 Corrosion Inhibitor
1.2.6 Antioxidants
1.2.7 Deposit Control
1.2.8 Others
1.3 Global Aftermarket Fuel Additives Market by Application/End Users
1.3.1 Global Aftermarket Fuel Additives Sales (Volume) and Market Share Comparison by Application (2014-2024)
1.3.2 Automotive
1.3.3 Oil & Gas
1.4 Global Aftermarket Fuel Additives Market by Region
1.4.1 Global Aftermarket Fuel Additives Market Size (Value) Comparison by Region (2014-2024)
1.4.2 United States Aftermarket Fuel Additives Status and Prospect (2014-2024)
1.4.3 China Aftermarket Fuel Additives Status and Prospect (2014-2024)
1.4.4 Europe Aftermarket Fuel Additives Status and Prospect (2014-2024)
1.4.5 Japan Aftermarket Fuel Additives Status and Prospect (2014-2024)
1.4.6 Southeast Asia Aftermarket Fuel Additives Status and Prospect (2014-2024)
1.4.7 India Aftermarket Fuel Additives Status and Prospect (2014-2024)
1.5 Global Market Size (Value and Volume) of Aftermarket Fuel Additives (2014-2024)
1.5.1 Global Aftermarket Fuel Additives Sales and Growth Rate (2014-2024)
1.5.2 Global Aftermarket Fuel Additives Revenue and Growth Rate (2014-2024)
2 Global Aftermarket Fuel Additives Competition by Players/Suppliers, Type and Application
2.1 Global Aftermarket Fuel Additives Market Competition by Players/Suppliers
2.1.1 Global Aftermarket Fuel Additives Sales and Market Share of Key Players/Suppliers (2014-2019)
2.1.2 Global Aftermarket Fuel Additives Revenue and Share by Players/Suppliers (2014-2019)
2.2 Global Aftermarket Fuel Additives (Volume and Value) by Type
2.2.1 Global Aftermarket Fuel Additives Sales and Market Share by Type (2014-2019)
2.2.2 Global Aftermarket Fuel Additives Revenue and Market Share by Type (2014-2019)
2.3 Global Aftermarket Fuel Additives (Volume and Value) by Region
2.3.1 Global Aftermarket Fuel Additives Sales and Market Share by Region (2014-2019)
2.3.2 Global Aftermarket Fuel Additives Revenue and Market Share by Region (2014-2019)
2.4 Global Aftermarket Fuel Additives (Volume) by Application
3 United States Aftermarket Fuel Additives (Volume, Value and Sales Price)
3.1 United States Aftermarket Fuel Additives Sales and Value (2014-2019)
3.1.1 United States Aftermarket Fuel Additives Sales and Growth Rate (2014-2019)
3.1.2 United States Aftermarket Fuel Additives Revenue and Growth Rate (2014-2019)
3.1.3 United States Aftermarket Fuel Additives Sales Price Trend (2014-2019)
3.2 United States Aftermarket Fuel Additives Sales Volume and Market Share by Players
3.3 United States Aftermarket Fuel Additives Sales Volume and Market Share by Type
3.4 United States Aftermarket Fuel Additives Sales Volume and Market Share by Application
4 China Aftermarket Fuel Additives (Volume, Value and Sales Price)
4.1 China Aftermarket Fuel Additives Sales and Value (2014-2019)
4.1.1 China Aftermarket Fuel Additives Sales and Growth Rate (2014-2019)
4.1.2 China Aftermarket Fuel Additives Revenue and Growth Rate (2014-2019)
4.1.3 China Aftermarket Fuel Additives Sales Price Trend (2014-2019)
4.2 China Aftermarket Fuel Additives Sales Volume and Market Share by Players
4.3 China Aftermarket Fuel Additives Sales Volume and Market Share by Type
4.4 China Aftermarket Fuel Additives Sales Volume and Market Share by Application
5 Europe Aftermarket Fuel Additives (Volume, Value and Sales Price)
5.1 Europe Aftermarket Fuel Additives Sales and Value (2014-2019)
5.1.1 Europe Aftermarket Fuel Additives Sales and Growth Rate (2014-2019)
5.1.2 Europe Aftermarket Fuel Additives Revenue and Growth Rate (2014-2019)
5.1.3 Europe Aftermarket Fuel Additives Sales Price Trend (2014-2019)
5.2 Europe Aftermarket Fuel Additives Sales Volume and Market Share by Players
5.3 Europe Aftermarket Fuel Additives Sales Volume and Market Share by Type
5.4 Europe Aftermarket Fuel Additives Sales Volume and Market Share by Application
6 Japan Aftermarket Fuel Additives (Volume, Value and Sales Price)
6.1 Japan Aftermarket Fuel Additives Sales and Value (2014-2019)
6.1.1 Japan Aftermarket Fuel Additives Sales and Growth Rate (2014-2019)
6.1.2 Japan Aftermarket Fuel Additives Revenue and Growth Rate (2014-2019)
6.1.3 Japan Aftermarket Fuel Additives Sales Price Trend (2014-2019)
6.2 Japan Aftermarket Fuel Additives Sales Volume and Market Share by Players
6.3 Japan Aftermarket Fuel Additives Sales Volume and Market Share by Type
6.4 Japan Aftermarket Fuel Additives Sales Volume and Market Share by Application
7 Southeast Asia Aftermarket Fuel Additives (Volume, Value and Sales Price)
7.1 Southeast Asia Aftermarket Fuel Additives Sales and Value (2014-2019)
7.1.1 Southeast Asia Aftermarket Fuel Additives Sales and Growth Rate (2014-2019)
7.1.2 Southeast Asia Aftermarket Fuel Additives Revenue and Growth Rate (2014-2019)
7.1.3 Southeast Asia Aftermarket Fuel Additives Sales Price Trend (2014-2019)
7.2 Southeast Asia Aftermarket Fuel Additives Sales Volume and Market Share by Players
7.3 Southeast Asia Aftermarket Fuel Additives Sales Volume and Market Share by Type
7.4 Southeast Asia Aftermarket Fuel Additives Sales Volume and Market Share by Application
8 India Aftermarket Fuel Additives (Volume, Value and Sales Price)
8.1 India Aftermarket Fuel Additives Sales and Value (2014-2019)
8.1.1 India Aftermarket Fuel Additives Sales and Growth Rate (2014-2019)
8.1.2 India Aftermarket Fuel Additives Revenue and Growth Rate (2014-2019)
8.1.3 India Aftermarket Fuel Additives Sales Price Trend (2014-2019)
8.2 India Aftermarket Fuel Additives Sales Volume and Market Share by Players
8.3 India Aftermarket Fuel Additives Sales Volume and Market Share by Type
8.4 India Aftermarket Fuel Additives Sales Volume and Market Share by Application
9 Global Aftermarket Fuel Additives Players/Suppliers Profiles and Sales Data
9.1 Afton Chemical Corporation
9.1.1 Company Basic Information, Manufacturing Base and Competitors
9.1.2 Aftermarket Fuel Additives Product Category, Application and Specification
9.1.2.1 Product A
9.1.2.2 Product B
9.1.3 Afton Chemical Corporation Aftermarket Fuel Additives Sales, Revenue, Price and Gross Margin (2014-2019)
9.1.4 Main Business/Business Overview
9.2 Chevron Corporation
9.2.1 Company Basic Information, Manufacturing Base and Competitors
9.2.2 Aftermarket Fuel Additives Product Category, Application and Specification
9.2.2.1 Product A
9.2.2.2 Product B
9.2.3 Chevron Corporation Aftermarket Fuel Additives Sales, Revenue, Price and Gross Margin (2014-2019)
9.2.4 Main Business/Business Overview
9.3 Evonik Company
9.3.1 Company Basic Information, Manufacturing Base and Competitors
9.3.2 Aftermarket Fuel Additives Product Category, Application and Specification
9.3.2.1 Product A
9.3.2.2 Product B
9.3.3 Evonik Company Aftermarket Fuel Additives Sales, Revenue, Price and Gross Margin (2014-2019)
9.3.4 Main Business/Business Overview
9.4 Lubrizol Corporation
9.4.1 Company Basic Information, Manufacturing Base and Competitors
9.4.2 Aftermarket Fuel Additives Product Category, Application and Specification
9.4.2.1 Product A
9.4.2.2 Product B
9.4.3 Lubrizol Corporation Aftermarket Fuel Additives Sales, Revenue, Price and Gross Margin (2014-2019)
9.4.4 Main Business/Business Overview
9.5 Total S.A.
9.5.1 Company Basic Information, Manufacturing Base and Competitors
9.5.2 Aftermarket Fuel Additives Product Category, Application and Specification
9.5.2.1 Product A
9.5.2.2 Product B
9.5.3 Total S.A. Aftermarket Fuel Additives Sales, Revenue, Price and Gross Margin (2014-2019)
9.5.4 Main Business/Business Overview
9.6 Evonik. Company
9.6.1 Company Basic Information, Manufacturing Base and Competitors
9.6.2 Aftermarket Fuel Additives Product Category, Application and Specification
9.6.2.1 Product A
9.6.2.2 Product B
9.6.3 Evonik. Company Aftermarket Fuel Additives Sales, Revenue, Price and Gross Margin (2014-2019)
9.6.4 Main Business/Business Overview
...
10 Aftermarket Fuel Additives Maufacturing Cost Analysis
10.1 Aftermarket Fuel Additives Key Raw Materials Analysis
10.1.1 Key Raw Materials
10.1.2 Price Trend of Key Raw Materials
10.1.3 Key Suppliers of Raw Materials
10.1.4 Market Concentration Rate of Raw Materials
10.2 Proportion of Manufacturing Cost Structure
10.2.1 Raw Materials
10.2.2 Labor Cost
10.2.3 Manufacturing Process Analysis of Aftermarket Fuel Additives
10.3 Manufacturing Process Analysis of Aftermarket Fuel Additives
11 Industrial Chain, Sourcing Strategy and Downstream Buyers
11.1 Aftermarket Fuel Additives Industrial Chain Analysis
11.2 Upstream Raw Materials Sourcing
11.3 Raw Materials Sources of Aftermarket Fuel Additives Major Manufacturers in 2016
11.4 Downstream Buyers
12 Marketing Strategy Analysis, Distributors/Traders
12.1 Marketing Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.1.3 Marketing Channel Development Trend
12.2 Market Positioning
12.2.1 Pricing Strategy
12.2.2 Brand Strategy
12.2.3 Target Client
12.3 Distributors/Traders List
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes Threat
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs/Customer Preference Change
13.3 Economic/Political Environmental Change
14 Global Aftermarket Fuel Additives Market Forecast (2019-2024)
14.1 Global Aftermarket Fuel Additives Sales Volume, Revenue and Price Forecast (2019-2024)
14.1.1 Global Aftermarket Fuel Additives Sales Volume and Growth Rate Forecast (2019-2024)
14.1.2 Global Aftermarket Fuel Additives Revenue and Growth Rate Forecast (2019-2024)
14.1.3 Global Aftermarket Fuel Additives Price and Trend Forecast (2019-2024)
14.2 Global Aftermarket Fuel Additives Sales Volume, Revenue and Growth Rate Forecast by Region (2019-2024)
14.2.1 Global Aftermarket Fuel Additives Sales Volume and Growth Rate Forecast by Regions (2019-2024)
14.2.2 Global Aftermarket Fuel Additives Revenue and Growth Rate Forecast by Regions (2019-2024)
14.2.3 United States Aftermarket Fuel Additives Sales Volume, Revenue and Growth Rate Forecast (2019-2024)
14.2.4 China Aftermarket Fuel Additives Sales Volume, Revenue and Growth Rate Forecast (2019-2024)
14.2.5 Europe Aftermarket Fuel Additives Sales Volume, Revenue and Growth Rate Forecast (2019-2024)
14.2.6 Japan Aftermarket Fuel Additives Sales Volume, Revenue and Growth Rate Forecast (2019-2024)
14.2.7 Southeast Asia Aftermarket Fuel Additives Sales Volume, Revenue and Growth Rate Forecast (2019-2024)
14.2.8 India Aftermarket Fuel Additives Sales Volume, Revenue and Growth Rate Forecast (2019-2024)
14.3 Global Aftermarket Fuel Additives Sales Volume, Revenue and Price Forecast by Type (2019-2024)
14.3.1 Global Aftermarket Fuel Additives Sales Forecast by Type (2019-2024)
14.3.2 Global Aftermarket Fuel Additives Revenue Forecast by Type (2019-2024)
14.3.3 Global Aftermarket Fuel Additives Price Forecast by Type (2019-2024)
14.4 Global Aftermarket Fuel Additives Sales Volume Forecast by Application (2019-2024)
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Disclaimer
