FUEL ADDITIVE MARKET companies

Market Concentration and Competitive Landscape

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Increasing demand for cleaner fuels

Along with stringent emission norms, there has been rising consumer demand for eco-friendly fuel and energy options due to heightening environmental concerns. People are more aware now about the impacts of air pollution and want to contribute to sustainability through their daily energy consumption choices. This changing customer behavior has prompted oil marketing companies and fuel retailers to provide cleaner and greener fuel options. Advanced biofuels produced from sustainable feedstocks has been gaining popularity. Integrating bio components into traditional fossil fuels presents technical difficulties concerning storage, distribution, and maintaining consistent performance. Effective fuel additives help overcome these problems and facilitate higher blending rates of biofuels. Additives also play a major role in capturing and utilizing alternative forms of energy like natural gas. As reliance on cleaner transportation fuels increases, the significance of supplementary additives for maintaining fuel stability and ensuring compliance with emission standards will also rise.

• TotalEnergies
• BASF SE
• Evonik Industries AG
• The Lubrizol Corporation
• Chevron Oronite Company LLC
• Afton Chemical Corporation
• Innospec Inc.
• Infineum International Limited
• Dorf Ketal Chemicals
• Lanxess
• Cummins Inc.
• Baker Hughes Company
• Clariant AG
• Solvay
• Huntsman Corporation
• Exxon Mobil Corporation
• Qatar Fuel Additives Company (Qafac)
• Eastman Chemical Company
• Cargill Incorporated
• The Dow Chemical Company