The global fuel antioxidant additives market size was valued at USD x billion in 2021 and is poised to grow at a significant CAGR of x% during the forecast period 2022-28. Since primary antioxidants work better than secondary antioxidants in oxidation management and additive treatment rates, lubricants increasingly use primary antioxidants such as aminic and phenolic antioxidants. Modern automobile lubricants need to perform better against oxidation due to stricter fuel efficiency laws and high standards, which has led to the use of primary antioxidants.

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The aviation fuel additives segment is expected to account for a larger revenue share in the global fuel antioxidant additives market, with a value share worldwide. It is projected to grow at a x% CAGR between 2022 and 2028. Fuel antioxidant compounds are frequently utilized in the aerospace industry because of their high effectiveness and reduced environmental impact under challenging conditions. Because part loss is so significant in the aircraft industry, these technologies also increase efficiency by lowering it. The fuel antioxidants in aircraft extend the component service lives and exhibit strong vapor loss resistance even at very high altitudes. Increasing passenger demand and military spending contributed to the aircraft industry's steady growth.

The global fuel antioxidant additives market segmentation:

  • By Product Type: Phenolic Antioxidant, Aminic Antioxidant, Phosphite Antioxidant, Thioester Antioxidant, and Others
  • By Application: Diesel Fuel Additives, Aviation Fuel Additives, Gasoline Fuel Additives, and Others

Asia Pacific Fuel Antioxidant Additives Market

The Asia Pacific market is expected to increase in the global fuel antioxidant additives market over the forecast period. It is projected to grow at a CAGR of x% in the coming years. Fuel antioxidants are expected to be in extremely high demand in APAC over the next several years because they are closely related to the need for oil. Additionally, China's low oil prices boost demand for fuel antioxidants. The expansion of the aerospace, automotive, marine, energy, refinery & pipeline, welding & metal fabrication, and other industries in the Asia-Pacific region has had a substantial positive impact on the market for fuel antioxidants.

 

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Key players’ profiles in the fuel antioxidant additives market report are DSM, BASF SE, Oxiris Chemicals S.A., Sumitomo Chemical Company, Chitec Technology Co., Ltd., Mayzo Inc., SI Group, Inc., Double Bond Chemical Ind. Co. Ltd., Kumho Petrochemical Co., Ltd., and Merald Performance Materials LLC.

 

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