About Fuel Oxygenates
Fuel oxygenates are organic substances that are widely used as a fuel additive to increase the oxygen content in fuel. Fuel oxygenates contain oxygen in the form of alcohol or ether that helps to enhance fuel combustion and reduce exhaust emissions. The implementation of oxygenated gasoline programs in the United States and other countries to maintain air quality standards in the wintertime will create significant opportunities for the market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shell plc (United Kingdom), Sigma-Aldrich (United States), BASF (Germany), SABIC (Saudi Arabia), China National Petroleum Corporation (China), Otto Chemie Pvt. Ltd. (India), Alfa Aesar (United States), Petronas (Malaysia), LyondellBasell (Netherlands), Eni (Italy), Huntsman Corporation (United States) and SIBUR (Russia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fuel Oxygenates market by , Application (Automotive, Industrial, Aerospace & Defense and Others) and Region.
On the basis of geography, the market of Fuel Oxygenates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Alcohol will boost the Fuel Oxygenates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Preference Towards the Ether Form of Fuel Oxygenates Due to Lower Volatility and Flammability
Market Growth Drivers:
Stringent Government Regulations on the Reduction of Carbon Emission and Surging Demand of Fuel Oxygenates from Manufacturing Industry
Challenges:
Technical Barriers for the Use of Ethanol in Diesel Fuel
Restraints:
Adverse Health Effects of Oxygenated Fuels
Opportunities:
Increased Use of MTBE as a Gasoline Oxygenate
Market Leaders and their expansionary development strategies
In January 2022, BASF collaborated with Innospec Fuel Specialities LLC as a distribution partner of DCI-11 Plus ClearTrak. The partnership will allow BASF to strengthen its portfolio and increase the overall value to the customers.
In November 2023, Oil and gas giant Shell, as part of its portfolio expansion in India, has introduced new and improved Shell fuels regular petrol and Shell V-Power petrol designed and tested for over 5 years.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Fuel Oxygenates Manufacturers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.