Fuel Additive Market - Industry Trends and Forecast

The rising consumer knowledge about the benefits of fuel additives will influence the growth rate of the fuel additive market. The growing demand for high fuel economy is the key elements driving market expansion. The fuel additive market is also being driven by factors such as deteriorating crude oil quality and severe government regulations. Furthermore, increasing expenditure for infrastructure development will enhance the growth rate of fuel additive market. Also, the upsurge in the demand for low emission as well as efficient sources from manufacturing, aviation and automobiles will act as a major factor influencing the growth of fuel additive market. Rising trend of utilizing additives in biodiesel blends and the advent of new engine technology will cushion the growth of fuel additive market.