Middle East and Africa Fuel Additives Market worth $771.4 million by 2018


Posted April 6, 2015 by mark17

Middle East and Africa Fuel Additives Market is estimated to grow to $771.4 million by 2018 at a CAGR of 3.3% from 2013 to 2018 with growing demand from the aviation industry

 
Middle East and Africa Fuel Additives Market report defines and segments the fuel additives market with analysis and forecast of revenue.
Fuel additives are chemicals that are used to enhance the properties of fuel. They are mixed with fuel such as gasoline, diesel, aviation fuel, fuel oil, in order to improve fuel efficiency and economy. Also, the fuel additives help meet the environmental emission control standards and improve engine or vehicle performance. Middle East and Africa Fuel Additives Market is estimated to grow to $771.4 million by 2018 at a CAGR of 3.3% from 2013 to 2018 with growing demand from the aviation industry
The Middle East and African region has a matured fuel additives market. Diesel fuel additives market is expected to grow rapidly, as the consumption of diesel fuel has increased. The demand of aviation fuel additives would increase with the expanding aviation industry. Also, the R&D departments of various firms are constantly researching in order to find newer ways to reduce the toxic substances.

Browse through the TOC of the Middle East and Africa Fuel Additives Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Middle East and African fuel additives market, and is supported by various tables and figures.
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The report covers the Middle East and Africa fuel additives market which is segmented on the basis of application, and geography. In the Middle East and African region, the fuel additives are applied in aviation fuel (ATF), diesel fuel, and gasoline fuel.

Related Reports:
North America Fuel Additives Market
Fuel additives market is witnessing an increase in demand due to the increasing consumption of Ultra Low Sulphur Diesel (ULSD), which requires more dosing of additives. The North America Fuel Additives market was valued at $1,645.97 million in 2013, and is projected to reach $2,314.99 million by 2019, at a CAGR of 7.06 % from 2013-19. The market is mainly driven by the rising consumption for Aviation fuel and the desire for efficient and effective fuel will also boost the additives market.
http://www.micromarketmonitor.com/market/north-america-fuel-additives-4338185398.html

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Last Updated April 6, 2015