Octane Improvers Market By Additive Type (Ethanol, MTBE, Methanol and Others), By End-User (Automotive, Marine & Aviation and others) and By Geography – Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023
- February, 2018
- Domain: Chemicals, Materials & Food - Specialty Chemicals
Pages:
115
Tables:
56
Charts:
68
Regions/Countries:
4 / 9
Companies:
10
Enquiry Hours:
10
- Get Free 10% Customization in this Report
Octane improver is a fuel additive use to improve the efficiency of the fuel and enhance its quality as well. Octane improver comes under oxygenate category, as it increase gasoline's octane rating or act as corrosion inhibitors or lubricants. This helps in maintaining higher compression ratios for greater efficiency and power.
Research Methodology
The octane improvers market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology, wherein our industry experts and panel of primary participants helped in compiling the best quality with realistic parametric estimations. Further, the participation share of different categories of primary participants is given below:
Key Market Insights
This technology created a revolution in fuel and its storage industry as this has provided a long-term benefit at low cost. The increasing concern toward environment protection, where fuel consumption is a major issue, provides a promising growth potential for the octane improver market, that has the maximum demand. The market has an advantage of its properties, that helps in increasing its fuel efficiency, and environment improvement. The high demand for this is coming from the US and European countries for the advanced technologies in passenger vehicles. This gives North America a lead in the global octane improver market. Apart from this, European countries are also developing high demand, following North America, owing to the higher consumer acceptance and high demand from the automotive and marine sector. Asia Pacific followed Europe and accounts for the third largest market for octane improver with the presence of large petrochemical industry and the presence of big Chinese market.
Within various end-user areas, automotive is highly dominating the market in overall octane improver across regions owing to the high adoption rate and presence of large consumer base. Other than automotive, the marine & aviation industry is also increasing its market during the forecast period due to increasing investments and R&D innovations along with government interventions.
The study of the global octane improver market provides market size information and market trends along with the factors and parameters impacting the market in both short- and long-term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps venture capitalists in understanding the companies better and take informed decisions.
[caption id="attachment_11727" align="aligncenter" width="900"]
Octane Improvers Market[/caption]
According to Infoholic Research, the global octane improver market is expected to grow at a CAGR of 7.5% during the forecast period 2016–2023 to reach $480.8 million by 2023. Ethanol and MTBE types are expected to remain as main additive type, during the forecast period. Some of the key players in the octane improver market are Valero Renewables fuels, Dorf Ketal Fuels, LyondellBasell Industries, BP Plc, BASF SE etc.
Report Scope:
- Additive Types
- Ethanol
- MTBE
- Methanol
- Others
- End-users
- Automotive
- Marine & Aviation
- Others
- Regions
- North America
- Europe
- Asia Pacific
- Rest of the World
- Industry outlook: Market trends, drivers, restraints, and opportunities
- Report Outline
- 1.1 Introduction
- 1.2 Report Scope
- 1.3 Market Definition
- 1.4 Research Methodology
- 1.4.1 Data Collation & In-house Estimation
- 1.4.2 Market Triangulation
- 1.4.3 Forecasting
- 1.5 Study Declaration
- 1.6 Report Assumptions
- 1.7 Stakeholders
- Executive Summary
- 2.1 North America is Measuring a Successful Growth with Growing Domestic Consumption and Utilization
- 2.2 Improving and Increasing automotive solutions Creates a Surge in the overall transportation Industry
- Market Positioning
- 3.1 Total Addressable Market (TAM): Fuel Additives
- 3.1.1 Market Overview
- 3.1.2 Major Trends
- 3.2 Segmented Addressable Market
- 3.3 Related Markets
- 3.1 Total Addressable Market (TAM): Fuel Additives
- Market Outlook
- 4.1 Overview
- 4.2 Value Chain Analysis
- 4.3 PESTLE Analysis
- 4.4 Porter 5 (Five) Forces
- 4.5 Patent Analysis
- Market Characteristics
- 5.1 Market Segmentation
- 5.2 Market Dynamics
- 5.2.1 Drivers
- 5.2.1.1 Increasing utilization for gasoline and its additives in marine, oil & gas industries benefit the market
- 5.2.1.2 Stringent regulations and quality enhancements for fuels are primarily driving the demand for octane improvers
- 5.2.2 Restraints
- 5.2.2.1 Fluctuation in the price of raw material for octane improver ad versing the market growth
- 5.2.2.2 Innovation of alternative fuel vehicles dampen the growth of the market
- 5.2.3 Opportunities
- 5.2.3.1 The constant focus and ongoing innovations in the specialty fuel additive, augment the future growth.
- 5.2.3.2 Large potential markets in the developing and underdeveloped economies
- 5.2.4 DRO – Impact Analysis
- 5.2.1 Drivers
- Additive Types: Market Size and Analysis
- 6.1 Overview
- 6.2 Ethanol
- 6.3 MTBE
- 6.4 Methanol
- 6.5 Vendor Profiles
- 6.5.1 Valero Renewable Fuels Company, LLC
- 6.5.2 Dorf Ketal Chemicals
- 6.5.3 LyondellBasell Industries N.V.
- 6.5.4 BP Plc
- 6.5.5 BASF SE
( Overview, Business units, Geographics revenues, Product profile, Recent developments, Business focus, SWOT analysis and business strategies have been covered for all the vendors ) - End-users: Market Size and Analysis
- 7.1 Overview
- 7.2 Automotive
- 7.3 Marine & Aviation
- 7.4 Customers Profile
- 7.4.1 Royal Dutch Shell plc
- 7.4.2 China Petroleum & Chemical Corporation (Sinopec)
- 7.4.3 Hindustan Petroleum Corporation Limited (HPCL)
- 7.4.4 Exxon Mobil Corporation
- 7.4.5 Chevron Corporation
(Overview, business units, geographics revenues, SWOT analysis and business strategies have been covered for all the vendors) - Regions: Market Size and Analysis
- 8.1 Overview
- 8.2 North America
- 8.3 Europe
- 8.4 Asia Pacific
- 8.5 Rest of the World
(Segmental coverage of by geography, by additive types, and by end-user have been covered for each region) - Companies to Watch for
9.1 Tesla, Inc.: Overview
9.1.1 Tesla Launched electric cars that gives strong competition to the fuel additive industry
9.2 DorfKetals formulation of octane booster enhance the octane level of gasoline
10 Competitive Landscape
10.1 Competitor Comparison Analysis
10.2 Market Landscape
10.2.1 Mergers, Acquisitions & Joint Ventures
10.2.2 Expansion
10.2.3 Exhibition & Product Launch
10.2.4 Agreement & Partnership
10.2.5 Divesture & Divestment
10.2.6 Spin-Off
11 Expert’s Views
Annexure
Abbreviations
TABLE 1 GLOBAL OCTANE IMPROVER MARKET VALUE BY ADDITIVE TYPES, 2015−2022 ($MILLION)
TABLE 2 GLOBAL OCTANE IMPROVER MARKET VOLUME BY ADDITIVE TYPES, 2016−2023 (KILOTONS)
TABLE 3 GLOBAL ETHANOL BASED OCTANE IMPROVER MARKET VALUE BY GEOGRAPHY, 2016−2023 ($MILLION)
TABLE 4 GLOBAL ETHANOL-BASED OCTANE IMPROVER MARKET VOLUME BY GEOGRAPHY, 2015−2022 (KILOTONS)
TABLE 5 GLOBAL MTBE OCTANE IMPROVER MARKET VALUE BY GEOGRAPHY, 2015−2022 ($MILLION)
TABLE 6 GLOBAL MTBE-BASED OCTANE IMPROVER MARKET VOLUME BY GEOGRAPHY, 2015−2022 (KILOTONS)
TABLE 7 GLOBAL METHANOL-BASED OCTANE IMPROVER MARKET VALUE BY GEOGRAPHY, 2015−2022 ($MILLION)
TABLE 8 GLOBAL METHANOL-BASED OCTANE IMPROVER MARKET VOLUME BY GEOGRAPHY, 2015−2022 (KILOTONS)
TABLE 9 VALERO'S RENEWABLE FUELS: PRODUCT PROFILE
TABLE 10 VALERO RENEWABLE FUELS: RECENT DEVELOPMENTS
TABLE 11 DORF KETAL: BUSINESS SEGMENTS
TABLE 12 DORF KETAL: RECENT DEVELOPMENTS
TABLE 13 LYONDELLBASELL: BUSINESS SEGMENTS
TABLE 14 LYONDELLBASELL: RECENT DEVELOPMENTS
TABLE 15 BP PLC: BUSINESS SEGMENTS
TABLE 16 BP PLC: RECENT DEVELOPMENTS
TABLE 17 BASF SE: BUSINESS SEGMENTS
TABLE 18 BASF SE.: RECENT DEVELOPMENTS
TABLE 19 GLOBAL OCTANE IMPROVER MARKET VALUE BY END-USERS, 2015-2022 ($MILLION)
TABLE 20 GLOBAL OCTANE IMPROVER MARKET VOLUME BY END-USERS, 2015-2022 (KILOTONS)
TABLE 21 GLOBAL OCTANE IMPROVER MARKET VALUE IN AUTOMOTIVE BY GEOGRAPHY 2015-2022 ($MILLION)
TABLE 22 GLOBAL OCTANE IMPROVER MARKET VOLUME IN AUTOMOTIVE BY GEOGRAPHY, 2015-2022 (KILOTONS)
TABLE 23 GLOBAL OCTANE IMPROVER MARKET VALUE IN MARINE & AVIATION BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 24 GLOBAL OCTANE IMPROVER MARKET VOLUME IN MARINE & AVIATION BY GEOGRAPHY, 2015-2022 (KILOTONS)
TABLE 25 GLOBAL OCTANE IMPROVER MARKET VALUE BY GEOGRAPHY, 2016−2023 ($MILLION)
TABLE 26 GLOBAL OCTANE IMPROVER MARKET VOLUME BY GEOGRAPHY, 2016−2023 (KILOTONS)
TABLE 27 NORTH AMERICA OCTANE IMPROVER MARKET VALUE BY COUNTRIES, 2016−2023 ($MILLION)
TABLE 28 NORTH AMERICA OCTANE IMPROVER MARKET VOLUME BY COUNTRIES, 2016−2023 (KILOTONS)
TABLE 29 NORTH AMERICA OCTANE IMPROVER MARKET VALUE BY ADDITIVE TYPES, 2016−2023 ($MILLION)
TABLE 30 NORTH AMERICA CONCRETE COATING MARKET VOLUME BY ADDITIVE TYPES, 2016−2023 (KILOTONS)
TABLE 31 NORTH AMERICA OCTANE IMPROVER MARKET VALUE BY END-USERS, 2016−2023 ($MILLION)
TABLE 32 NORTH AMERICA OCTANE IMPROVER MARKET VOLUME BY APPLICATIONS, 2016−2023 (KILOTONS)
TABLE 33 EUROPE OCTANE IMPROVER MARKET VALUE BY COUNTRIES, 2016−2023 ($MILLION)
TABLE 34 EUROPE OCTANE IMPROVER MARKET VOLUME BY COUNTRIES, 2016−2023 (KILOTONS)
TABLE 35 EUROPE OCTANE IMPROVER MARKET VALUE BY ADDITIVE TYPES, 2016−2023 ($MILLION)
TABLE 36 EUROPE OCTANE IMPROVER MARKET VOLUME BY ADDITIVE TYPES, 2016−2023 (KILOTONS)
TABLE 37 EUROPE OCTANE IMPROVER MARKET VALUE BY END-USERS, 2016−2023 ($MILLION)
TABLE 38 EUROPE OCTANE IMPROVER MARKET VOLUME BY END-USERS, 2016−2023 (KILOTONS)
TABLE 39 ASIA PACIFIC OCTANE IMPROVER MARKET VALUE BY COUNTRIES, 2016−2023 ($MILLION)
TABLE 40 ASIA PACIFIC OCTANE IMPROVER MARKET VOLUME BY COUNTRIES, 2016−2023 (KILOTONS)
TABLE 41 ASIA PACIFIC OCTANE IMPROVER MARKET VALUE BY ADDITIVE TYPES, 2016−2023 ($MILLION)
TABLE 42 ASIA PACIFIC OCTANE IMPROVER MARKET VOLUME BY ADDITIVE TYPES, 2016−2023 (KILOTONS)
TABLE 43 ASIA PACIFIC OCTANE IMPROVER MARKET VALUE BY END-USERS, 2016−2023 ($MILLION)
TABLE 44 ASIA PACIFIC OCTANE IMPROVER MARKET VOLUME BY END-USERS, 2016−2023 (KILOTONS)
TABLE 45 REST OF THE WORLD OCTANE IMPROVER MARKET VALUE BY GEOGRAPHY, 2016−2023 ($MILLION)
TABLE 46 REST OF THE WORLD OCTANE IMPROVER MARKET VOLUME BY GEOGRAPHY, 2016−2023 ($MILLLION)
TABLE 47 REST OF THE WORLD OCTANE IMPROVER MARKET VALUE BY ADDITIVE TYPES, 2016−2023 ($MILLION)
TABLE 48 REST OF THE WORLD OCTANE IMPROVER MARKET VOLUME BY ADDITIVE TYPES, 2016−2023 (KILOTONS)
TABLE 49 REST OF THE WORLD OCTANE IMPROVER MARKET VALUE BY END-USERS, 2016−2023 ($MILLION)
TABLE 50 REST OF THE WORLD OCTANE IMPROVER MARKET VOLUME BY END-USERS, 2016−2023 (KILOTONS)
TABLE 51 MERGERS, ACQUISITIONS & JOINT VENTURES, 2013–2017
TABLE 52 EXPANSION, 2013–2016
TABLE 53 EXHIBITION & PRODUCT LAUNCH
TABLE 54 AGREEMENT & PARTNERSHIP
TABLE 55 DIVESTURE & DIVESTMENT
TABLE 56 SPIN-OFF
Research Framework
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
Market related information is congregated from both primary and secondary sources.
Primary sources
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.
