The global specialty fuel additives market is projected to reach a value of USD 11.31 billion by 2024, according to a new report by Grand View Research, Inc. Implementation of strict environmental regulations and demand for fuel efficiency is projected to boost the market growth.
Increasing focus on emission control and energy efficient fuel in the automotive and manufacturing sector is expected to boost market growth from 2016 to 2024. The steady development of the auto industry, especially in the Asia Pacific region, coupled with increasing consumer awareness regarding the fuel additives is expected to trigger the market growth over the forecast period. Rapid industrialization in Asia Pacific is projected to increase the demand for specialty fuel additives in the manufacturing and processing industries. Implementation of stringent emission control regulations and high demand for fuel efficient vehicles is anticipated to drive the specialty fuel additives market over the coming years. Full Research Report On Global Specialty Fuel Additives Market By Grand View Research: www.grandviewresearch.com/industry-analysis/specialty-fuel-additives-industry Further key findings from the report suggest:
www.grandviewresearch.com/industry/conventional-energy Grand View Research has segmented the global specialty fuel additives market on the basis of product, application, and region: Specialty Fuel Additives Product Outlook (Volume, Kilo Ton; Revenue, USD Million, 2014 - 2024)
www.grandviewresearch.com/press-release/global-specialty-fuel-additives-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com
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