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Global Oil and Gasoline Additive Market Trends And Industry Size, Forecasts Till, 2016 - 2022

Global oil and gasoline additive market is estimated to expand at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. The factors that propel the growth of the market include advanced economy, increasingly strict environment norms as numerous countries, increasing demand, improvement of combustion properties, and growing demand for efficient and clean fuel, increasing R&D activities. On the other hand, there are factors that may hamper the growth of the market including high cost
This market could be explored by product type, application, and geography. Market by product type could span other anti-knock preparations, Anti-knock preparations based on lead compounds, other lubricating oil additives, other oil and gasoline additives, and Petroleum and bitumen oil lubricating oil additives.
Oil and gasoline additive market is categorized based on geography into Australia, Armenia, Austria, Bangladesh, Azerbaijan, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Estonia, Egypt, Ethiopia, France, Finland, Germany, Georgia, Ghana, Hungary, Greece, India, Iran, Indonesia, Japan, and Italy. North America accounted for the major share of the market in 2016 and will continue to lead in the forecast period. The key factor that may attribute to the growth of market includes increasing demand. North American region is followed by Asia-Pacific region.
The key players contributing to the robust growth of the oil and gasoline additive market comprise Albemarle Corporation, Afton Chemical Corporation, Infinium International Ltd., Chevron Oronite Company LLC, The Lubrizol Corporation and Fuel Performance Solutions, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
The report package Global Oil and Gasoline Additive Market to 2022 - Market Size, Development, Top 10 Countries, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook for oil and gasoline additives in the world and in the top 10 global countries. Along with a global oil and gasoline additive market report the package includes country reports from the following countries: Australia, Canada, China, France, Germany, India, Italy, Russia, South Korea, United States.
The research includes historic data from 2011 to 2017 and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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