Gasoline Additives Market Will Exhibit an Impressive Expansion by 2028 | Afton Chemical Corporation,BASF SE
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Major Key Players Covered In This Report: Afton Chemical Corporation, The Lubrizol Corporation, Chemtura Corporation, The Dow Chemical Company, AkzoNobel N.V., Petroliam Nasional Berhad (Petronas), Huntsman Corporation, Evonik Industries AG, Baker Hughes Incorporated, BASF SE, and Innospec Inc...
The market for gasoline additives is likely to be fueled by consumers' desire for more fuel-efficient automobiles, as well as regulatory measures implemented by various governments to decrease hazardous fuel emissions. For example, the Amendments to the United States Clean Air Act, enacted by the Environmental Protection Agency (EPA) in 1963, prohibited the use of lead in fuels due to the dangerous lead pollution caused by fuel emissions in the air. The issue for the automobile industry is to comply with these regulations while maintaining vehicle efficiency and power.
Due to increased demand for high-performance automobiles with longer maintenance intervals, Europe is likely to grow significantly throughout the forecast period. According to the International Council on Clean Transportation Europe (ICCT), the number of new car registrations in the European Union hit 15.2 million in 2017, the highest figure since 2007.
Reasons to Purchase Report:
• The study examines how the market for gasoline additives is anticipated to grow in the future.
• Examine many perspectives on gasoline additives using Porter's five forces methodology.
• The product type that is likely to dominate the Gasoline Additives market is studied, as well as the regions that are expected to grow the fastest throughout the forecast period.
• Recognize new innovations, Gasoline Additives shares, and policies from the major market participants.
• The competitive landscape has covered the Gasoline Additives share of prominent enterprises as well as important development policies enacted in the last five years.
• Comprehensive company profiles, including product offers, vital financial information, latest breakthroughs, SWOT analysis, and strategies for the major Gasoline Additives players.
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