Global Marine Fuel Additives Market Overview: 2020-2027

The global demand for the Marine Fuel Additives market is expected to grow at a CAGR of xx%, xx% xx%, and xx% respectively in Europe, North America, APAC, and the Middle East. The Marine Fuel Additives market was valued at US$ xx Mn in 2019 is expected to reach US$ xx Mn by the end of 2027 at a CAGR of 3.2% from 2019 to 2027. Marine Fuel Additives reduce maintenance and downtime, improve performance and reliability, and most importantly provides an economic and environmental return on investment. Manufacturers are more focusing on developing marine fuel additives, for instance, Infineum has formulated a new range of marine fuel additives, Infineum B Series, designed to meet the challenges created by the International Maritime Organization (IMO) 2020 emission regulation changes. The introduction of these new fuels that offer cost-effective solutions to help refiners, traders, and blenders deliver robust, fit-for-purpose fuel solutions while helping vessel operators reduce maintenance costs and downtime, and improve engine efficiency is fuelling the market growth. The ongoing requirement for efficient & durable fuel additives business has led to invest more in the fuel additives business, as well as innovation in fuel additives, are driving the market. The growth in the aviation industry, reduction in oil & gas barrel prices, rising import & export, innovation in fuel additives, stringent government emission regulations for example International Maritime Organization (IMO) 2020 is driving the market growth. However, factors that are restraining the market growth is lowering sulfur fuel limits standards. In addition, marine engineers and ship owners are facing fuel-related problems such as bacterial contamination, waxing, low lubricity, and sludge that results in cost implication, time, and harm to engines are the challenging factors for the fuel additives manufacturers. The report has profiled ten-key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analysis and report has come up with recommendations for a future hot spot in Europe. Major country’s policies about manufacturing and their impact on Marine Fuel Additives demand is covered in the report. Segment Analysis Global Marine Fuel Additives Market The gasoline segment is expected grow at a CAGR of xx% during the forecast period. By Fuel type, in 2019, the global gasoline segment was xx% and it is estimated to reach USD$ XX Mn by 2027. The demand for gasoline in the marine industry is highly international shipping activities consume about 300 Mtonne of fuel annually. The most common fuels are heavy fuel oil, marine gas oil, and natural gas. The fuel consumption per transport work varies significantly between ship types, with the rising manufacturers of transportation ships are driving the market growth. The diesel fuel segment is the second-largest segment, due to its lower price compared to more refined fuel, MDO is favored particularly by the shipping industry. Regional Insights: Global Marine Fuel Additives Market 1 Europe is expected to grow at a CAGR of xx% during the forecast period and is expected to reach xx% market share by 2027 The market in Europe is attributed to more stringent emission regulations for instance the International Maritime Organisation (IMO) has implemented a new global sulfur cap, reducing the amount of sulfur permitted in fuel from 3.50% to 0.50%. As a result, this has a huge impact on the massive fleet of ships in Europe also, manufacturers are more focusing on improvement on the various fuel additives which has made a positive impact on the demand for marine fuel additives. In the Asia Pacific, the market growth is fuelled by the increasing demand for energy as there is growth in the import and export industry. The development in the developing economies has led to an increase in transportation in the marine industry which has created many lucrative opportunities for the marine fuel market. In North America, the market growth is fuelled by increasing investment in R & D and government initiatives on the implementation of a new range of asphaltene dispersants that provide optimum fuel stability when blending, and function in a range of oils. The objective of the report is to present a comprehensive analysis of the global Marine Fuel Additives market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global Marine Fuel Additives market dynamics, structure by analyzing the market segments and project global Marine Fuel Additives market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Marine Fuel Additives market make the report investor’s guide.
Global Marine Fuel Additives Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Marine Fuel Additives Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Marine Fuel Additives Market Analysis and Forecast 6.1. Marine Fuel Additives Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Marine Fuel Additives Market Analysis and Forecast, By Fuel type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Marine Fuel Additives Market Value Share Analysis, By Fuel type 7.4. Marine Fuel Additives Market Size (US$ Mn) Forecast, By Fuel type 7.5. Marine Fuel Additives Market Analysis, By Fuel type 7.6. Marine Fuel Additives Market Attractiveness Analysis, By Fuel type 8. Global Marine Fuel Additives Market Analysis and Forecast, By Function 8.1. Introduction and Definition 8.2. Key Findings 8.3. Marine Fuel Additives Market Value Share Analysis, By Function 8.4. Marine Fuel Additives Market Size (US$ Mn) Forecast, By Function 8.5. Marine Fuel Additives Market Analysis, By Function 8.6. Marine Fuel Additives Market Attractiveness Analysis, By Function 9. Global Marine Fuel Additives Market Analysis, by Region 9.1. Marine Fuel Additives Market Value Share Analysis, by Region 9.2. Marine Fuel Additives Market Size (US$ Mn) Forecast, by Region 9.3. Marine Fuel Additives Market Attractiveness Analysis, by Region 10. North America Marine Fuel Additives Market Analysis 10.1. Key Findings 10.2. North America Marine Fuel Additives Market Overview 10.3. North America Marine Fuel Additives Market Value Share Analysis, By Fuel type 10.4. North America Marine Fuel Additives Market Forecast, By Fuel type 10.4.1. Diesel 10.4.2. Gasoline 10.4.3. Other 10.5. North America Marine Fuel Additives Market Value Share Analysis, By Function 10.6. North America Marine Fuel Additives Market Forecast, By Function 10.6.1. Deposit control 10.6.2. Anti-oxidant 10.6.3. Corrosion prevention 10.6.4. Lubricity 10.6.5. Other 10.7. North America Marine Fuel Additives Market Value Share Analysis, by Country 10.8. North America Marine Fuel Additives Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.8.3. Mexico 10.9. North America Marine Fuel Additives Market Analysis, by Country 10.10. U.S. Marine Fuel Additives Market Forecast, By Fuel type 10.10.1. Diesel 10.10.2. Gasoline 10.10.3. Other 10.11. U.S. Marine Fuel Additives Market Forecast, By Function 10.11.1. Deposit control 10.11.2. Anti-oxidant 10.11.3. Corrosion prevention 10.11.4. Lubricity 10.11.5. Other 10.12. Canada Marine Fuel Additives Market Forecast, By Fuel type 10.12.1. Diesel 10.12.2. Gasoline 10.12.3. Other 10.13. Canada Marine Fuel Additives Market Forecast, By Function 10.13.1. Deposit control 10.13.2. Anti-oxidant 10.13.3. Corrosion prevention 10.13.4. Lubricity 10.13.5. Other 10.14. Mexico Marine Fuel Additives Market Forecast, By Fuel type 10.14.1. Diesel 10.14.2. Gasoline 10.14.3. Other 10.15. Mexico Marine Fuel Additives Market Forecast, By Function 10.15.1. Deposit control 10.15.2. Anti-oxidant 10.15.3. Corrosion prevention 10.15.4. Lubricity 10.15.5. Other 10.16. North America Marine Fuel Additives Market Attractiveness Analysis 10.16.1. By Fuel type 10.16.2. By Function 10.17. PEST Analysis 10.18. Key Trends 10.19. Key Developments 11. Europe Marine Fuel Additives Market Analysis 11.1. Key Findings 11.2. Europe Marine Fuel Additives Market Overview 11.3. Europe Marine Fuel Additives Market Value Share Analysis, By Fuel type 11.4. Europe Marine Fuel Additives Market Forecast, By Fuel type 11.4.1. Diesel 11.4.2. Gasoline 11.4.3. Other 11.5. Europe Marine Fuel Additives Market Value Share Analysis, By Function 11.6. Europe Marine Fuel Additives Market Forecast, By Function 11.6.1. Deposit control 11.6.2. Anti-oxidant 11.6.3. Corrosion prevention 11.6.4. Lubricity 11.6.5. Other 11.7. Europe Marine Fuel Additives Market Value Share Analysis, by Country 11.8. Europe Marine Fuel Additives Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Sweden 11.8.7. CIS countries 11.8.8. Rest of Europe 11.9. Germany Marine Fuel Additives Market Forecast, By Fuel type 11.9.1. Diesel 11.9.2. Gasoline 11.9.3. Other 11.10. Germany Marine Fuel Additives Market Forecast, By Function 11.10.1. Deposit control 11.10.2. Anti-oxidant 11.10.3. Corrosion prevention 11.10.4. Lubricity 11.10.5. Other 11.11. U.K. Marine Fuel Additives Market Forecast, By Fuel type 11.11.1. Diesel 11.11.2. Gasoline 11.11.3. Other 11.12. U.K. Marine Fuel Additives Market Forecast, By Function 11.12.1. Deposit control 11.12.2. Anti-oxidant 11.12.3. Corrosion prevention 11.12.4. Lubricity 11.12.5. Other 11.13. France Marine Fuel Additives Market Forecast, By Fuel type 11.13.1. Diesel 11.13.2. Gasoline 11.13.3. Other 11.14. France Marine Fuel Additives Market Forecast, By Function 11.14.1. Deposit control 11.14.2. Anti-oxidant 11.14.3. Corrosion prevention 11.14.4. Lubricity 11.14.5. Other 11.15. Italy Marine Fuel Additives Market Forecast, By Fuel type 11.15.1. Diesel 11.15.2. Gasoline 11.15.3. Other 11.16. Italy Marine Fuel Additives Market Forecast, By Function 11.16.1. Deposit control 11.16.2. Anti-oxidant 11.16.3. Corrosion prevention 11.16.4. Lubricity 11.16.5. Other 11.17. Spain Marine Fuel Additives Market Forecast, By Fuel type 11.17.1. Diesel 11.17.2. Gasoline 11.17.3. Other 11.18. Spain Marine Fuel Additives Market Forecast, By Function 11.18.1. Deposit control 11.18.2. Anti-oxidant 11.18.3. Corrosion prevention 11.18.4. Lubricity 11.18.5. Other 11.19. Sweden Marine Fuel Additives Market Forecast, By Fuel type 11.19.1. Diesel 11.19.2. Gasoline 11.19.3. Other 11.20. Sweden Marine Fuel Additives Market Forecast, By Function 11.20.1. Deposit control 11.20.2. Anti-oxidant 11.20.3. Corrosion prevention 11.20.4. Lubricity 11.20.5. Other 11.21. CIS countries Marine Fuel Additives Market Forecast, By Fuel type 11.21.1. Diesel 11.21.2. Gasoline 11.21.3. Other 11.22. CIS countries Marine Fuel Additives Market Forecast, By Function 11.22.1. Deposit control 11.22.2. Anti-oxidant 11.22.3. Corrosion prevention 11.22.4. Lubricity 11.22.5. Other 11.23. Rest of Europe Marine Fuel Additives Market Forecast, By Fuel type 11.23.1. Diesel 11.23.2. Gasoline 11.23.3. Other 11.24. Rest of Europe Marine Fuel Additives Market Forecast, By Function 11.24.1. Deposit control 11.24.2. Anti-oxidant 11.24.3. Corrosion prevention 11.24.4. Lubricity 11.24.5. Other 11.25. Europe Marine Fuel Additives Market Attractiveness Analysis 11.25.1. By Functions 11.25.2. By Fuel type 11.26. PEST Analysis 11.27. Key Trends 11.28. Key Developments 12. Asia Pacific Marine Fuel Additives Market Analysis 12.1. Key Findings 12.2. Asia Pacific Marine Fuel Additives Market Overview 12.3. Asia Pacific Marine Fuel Additives Market Value Share Analysis, By Fuel type 12.4. Asia Pacific Marine Fuel Additives Market Forecast, By Fuel type 12.4.1. Diesel 12.4.2. Gasoline 12.4.3. Other 12.5. Asia Pacific Marine Fuel Additives Market Value Share Analysis, By Function 12.6. Asia Pacific Marine Fuel Additives Market Forecast, By Function 12.6.1. Deposit control 12.6.2. Anti-oxidant 12.6.3. Corrosion prevention 12.6.4. Lubricity 12.6.5. Other 12.7. Asia Pacific Marine Fuel Additives Market Value Share Analysis, by Country 12.8. Asia Pacific Marine Fuel Additives Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. ASEAN 12.8.7. Rest of Asia Pacific 12.9. Asia Pacific Marine Fuel Additives Market Analysis, by Country 12.10. China Marine Fuel Additives Market Forecast, By Fuel type 12.10.1. Diesel 12.10.2. Gasoline 12.10.3. Other 12.11. China Marine Fuel Additives Market Forecast, By Function 12.11.1. Deposit control 12.11.2. Anti-oxidant 12.11.3. Corrosion prevention 12.11.4. Lubricity 12.11.5. Other 12.12. India Marine Fuel Additives Market Forecast, By Fuel type 12.12.1. Diesel 12.12.2. Gasoline 12.12.3. Other 12.13. India Marine Fuel Additives Market Forecast, By Function 12.13.1. Deposit control 12.13.2. Anti-oxidant 12.13.3. Corrosion prevention 12.13.4. Lubricity 12.13.5. Other 12.14. Japan Marine Fuel Additives Market Forecast, By Fuel type 12.14.1. Diesel 12.14.2. Gasoline 12.14.3. Other 12.15. Japan Marine Fuel Additives Market Forecast, By Function 12.15.1. Deposit control 12.15.2. Anti-oxidant 12.15.3. Corrosion prevention 12.15.4. Lubricity 12.15.5. Other 12.16. South Korea Marine Fuel Additives Market Forecast, By Fuel type 12.16.1. Diesel 12.16.2. Gasoline 12.16.3. Other 12.17. South Korea Marine Fuel Additives Market Forecast, By Function 12.17.1. Deposit control 12.17.2. Anti-oxidant 12.17.3. Corrosion prevention 12.17.4. Lubricity 12.17.5. Other 12.18. Australia Marine Fuel Additives Market Forecast, By Fuel type 12.18.1. Diesel 12.18.2. Gasoline 12.18.3. Other 12.19. Australia Marine Fuel Additives Market Forecast, By Function 12.19.1. Deposit control 12.19.2. Anti-oxidant 12.19.3. Corrosion prevention 12.19.4. Lubricity 12.19.5. Other 12.20. ASEAN Marine Fuel Additives Market Forecast, By Fuel type 12.20.1. Diesel 12.20.2. Gasoline 12.20.3. Other 12.21. ASEAN Marine Fuel Additives Market Forecast, By Function 12.21.1. Deposit control 12.21.2. Anti-oxidant 12.21.3. Corrosion prevention 12.21.4. Lubricity 12.21.5. Other 12.22. Rest of Asia Pacific Marine Fuel Additives Market Forecast, By Fuel type 12.22.1. Diesel 12.22.2. Gasoline 12.22.3. Other 12.23. Rest of Asia Pacific Marine Fuel Additives Market Forecast, By Function 12.23.1. Deposit control 12.23.2. Anti-oxidant 12.23.3. Corrosion prevention 12.23.4. Lubricity 12.23.5. Other 12.24. Asia Pacific Marine Fuel Additives Market Attractiveness Analysis 12.24.1. By Fuel type 12.24.2. By Function 12.25. PEST Analysis 12.26. Key Trends 12.27. Key Developments 13. Middle East & Africa Marine Fuel Additives Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Marine Fuel Additives Market Overview 13.3. Middle East & Africa Marine Fuel Additives Market Value Share Analysis, By Fuel type 13.4. Middle East & Africa Marine Fuel Additives Market Forecast, By Fuel type 13.4.1. Diesel 13.4.2. Gasoline 13.4.3. Other 13.5. Middle East & Africa Marine Fuel Additives Market Value Share Analysis, By Function 13.6. Middle East & Africa Marine Fuel Additives Market Forecast, By Function 13.6.1. Deposit control 13.6.2. Anti-oxidant 13.6.3. Corrosion prevention 13.6.4. Lubricity 13.6.5. Other 13.7. Middle East & Africa Marine Fuel Additives Market Value Share Analysis, by Country 13.8. Middle East & Africa Marine Fuel Additives Market Forecast, by Country 13.8.1. GCC Countries 13.8.2. South Africa 13.8.3. Nigeria 13.8.4. Egypt 13.8.5. Rest of Middle East & Africa 13.9. Middle East & Africa Marine Fuel Additives Market Analysis, by Country 13.10. GCC Countries Marine Fuel Additives Market Forecast, By Fuel type 13.10.1. Diesel 13.10.2. Gasoline 13.10.3. Other 13.11. GCC Countries Marine Fuel Additives Market Forecast, By Function 13.11.1. Deposit control 13.11.2. Anti-oxidant 13.11.3. Corrosion prevention 13.11.4. Lubricity 13.11.5. Other 13.12. South Africa Marine Fuel Additives Market Forecast, By Fuel type 13.12.1. Diesel 13.12.2. Gasoline 13.12.3. Other 13.13. South Africa Marine Fuel Additives Market Forecast, By Function 13.13.1. Deposit control 13.13.2. Anti-oxidant 13.13.3. Corrosion prevention 13.13.4. Lubricity 13.13.5. Other 13.14. Nigeria Marine Fuel Additives Market Forecast, By Fuel type 13.14.1. Diesel 13.14.2. Gasoline 13.14.3. Other 13.15. Nigeria Marine Fuel Additives Market Forecast, By Function 13.15.1. Deposit control 13.15.2. Anti-oxidant 13.15.3. Corrosion prevention 13.15.4. Lubricity 13.15.5. Other 13.16. Egypt Marine Fuel Additives Market Forecast, By Fuel type 13.16.1. Diesel 13.16.2. Gasoline 13.16.3. Other 13.17. Egypt Marine Fuel Additives Market Forecast, By Function 13.17.1. Deposit control 13.17.2. Anti-oxidant 13.17.3. Corrosion prevention 13.17.4. Lubricity 13.17.5. Other 13.18. Rest of Middle East & Africa Marine Fuel Additives Market Forecast, By Fuel type 13.18.1. Diesel 13.18.2. Gasoline 13.18.3. Other 13.19. Rest of Middle East & Africa Marine Fuel Additives Market Forecast, By Function 13.19.1. Deposit control 13.19.2. Anti-oxidant 13.19.3. Corrosion prevention 13.19.4. Lubricity 13.19.5. Other 13.20. Middle East & Africa Marine Fuel Additives Market Attractiveness Analysis 13.20.1. By Fuel type 13.20.2. By Function 13.21. PEST Analysis 13.22. Key Trends 13.23. Key Developments 14. South America Marine Fuel Additives Market Analysis 14.1. Key Findings 14.2. South America Marine Fuel Additives Market Overview 14.3. South America Marine Fuel Additives Market Value Share Analysis, By Fuel type 14.4. South America Marine Fuel Additives Market Forecast, By Fuel type 14.4.1. Diesel 14.4.2. Gasoline 14.4.3. Other 14.5. South America Marine Fuel Additives Market Value Share Analysis, By Function 14.6. South America Marine Fuel Additives Market Forecast, By Function 14.6.1. Deposit control 14.6.2. Anti-oxidant 14.6.3. Corrosion prevention 14.6.4. Lubricity 14.6.5. Other 14.7. South America Marine Fuel Additives Market Value Share Analysis, by Country 14.8. South America Marine Fuel Additives Market Forecast, by Country 14.8.1. Brazil 14.8.2. Colombia 14.8.3. Argentina 14.8.4. Rest of South America 14.9. South America Marine Fuel Additives Market Analysis, by Country 14.10. Brazil Marine Fuel Additives Market Forecast, By Fuel type 14.10.1. Diesel 14.10.2. Gasoline 14.10.3. Other 14.11. Brazil Marine Fuel Additives Market Forecast, By Function 14.11.1. Deposit control 14.11.2. Anti-oxidant 14.11.3. Corrosion prevention 14.11.4. Lubricity 14.11.5. Other 14.12. Colombia Marine Fuel Additives Market Forecast, By Fuel type 14.12.1. Diesel 14.12.2. Gasoline 14.12.3. Other 14.13. Colombia Marine Fuel Additives Market Forecast, By Function 14.13.1. Deposit control 14.13.2. Anti-oxidant 14.13.3. Corrosion prevention 14.13.4. Lubricity 14.13.5. Other 14.14. Argentina Marine Fuel Additives Market Forecast, By Fuel type 14.14.1. Diesel 14.14.2. Gasoline 14.14.3. Other 14.15. Argentina Marine Fuel Additives Market Forecast, By Function 14.15.1. Deposit control 14.15.2. Anti-oxidant 14.15.3. Corrosion prevention 14.15.4. Lubricity 14.15.5. Other 14.16. Rest of South America Marine Fuel Additives Market Forecast, By Fuel type 14.16.1. Diesel 14.16.2. Gasoline 14.16.3. Other 14.17. Rest of South America Marine Fuel Additives Market Forecast, By Function 14.17.1. Deposit control 14.17.2. Anti-oxidant 14.17.3. Corrosion prevention 14.17.4. Lubricity 14.17.5. Other 14.18. South America Marine Fuel Additives Market Attractiveness Analysis 14.18.1. By Fuel type 14.18.2. By Function 14.19. PEST Analysis 14.20. Key Trends 14.21. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Biobor Fuel Additives 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. West Marine 15.3.3. Lubrizol Corporation 15.3.4. Innospec 15.3.5. BASF SE 15.3.6. Chevron Oronite Company LLC 15.3.7. Afton Chemical Corporation 15.3.8. Albemarle 15.3.9. Chemtura Corporation 15.3.10. Baker Hughes 15.3.11. The Dow Chemical Company 15.3.12. Evonik Industries 15.3.13. NALCO Champion 15.3.14. Other

About This Report

Report ID 83616
Category Material & Chemical
Published Date February 2021
No of Pages 183
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