NEW YORK, Aug. 11, 2021 /PRNewswire/ — The global diesel bottled (aftermarket) fuel additives market size is expected to grow by USD 157.96 million, progressing at a CAGR of almost 5% during the forecast period.
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Data Insights |
Market Segmentations |
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Diesel Bottled (Aftermarket) Fuel Additives Market |
Forecast and Analysis 2021-2025 |
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Highlights |
Covers |
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Key Countries |
Segments |
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US, China, Germany, Japan, and France |
End-user |
Automotive Oil and gas Others |
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Vendors |
Offerings |
Region |
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BASF SE |
Keropur D |
North America |
will offer 30% of the growth opportunity |
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Chevron Corp. |
Techron diesel |
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Here is an exclusive report talking about the market scenario, estimates, the impact of lockdown, and customer behavior.
The rising number of vehicles is one of the major factors driving the growth of the market. The demand for passenger cars from the middle-class income group has increased significantly over the years. In addition, the growth of e-commerce and construction industries, especially in developing countries such as China and India is increasing the demand for heavy and light commercial vehicles. With the rising sales of passenger and commercial vehicles, the consumption and demand for diesel bottled (aftermarket) fuel additives is expected to increase during the forecast period.
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Major Five Microturbine Companies:
- Afton Group
- BASF SE
- Callington Haven Pty. Ltd.
- Chevron Corp.
- Cummins Inc.
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