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North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - New Report by MicroMarket Monitor
Date:7/13/2014

(PRWEB) July 13, 2014

Fuel additives are chemicals, which are added to various fuels such as gasoline, diesel, jet fuel, kerosene, and so on, in order to enhance their performance. Fuel additives are also responsible for reducing the corrosion effects caused by fuels and improving the combustion properties of fuels. Additives, when added to any fuel, provide economies of scale in the long run, but, in the short run, these escalate the overall cost of the fuel products.

The various fuel additive types include deposit controllers, cetane improvers, fuel dyes and markers, antioxidants, cold flow improvers, corrosion inhibitors, lubricity improvers, anti icing, and octane improvers, among others.

There are several benefits associated with the use of fuel additives. One of the main advantages has to do with engine performance. With some fuel oil additives, the product is claimed to boost the octane level of the gasoline, providing the engine with more power from the same amount of gas. The end result is the ability to travel further on gas infused with additives than would be possible otherwise.

Engine maintenance is another common benefit cited by the supporters of fuel additives. With these types of enhancement products, the focus is on preventing the buildup of sludge and other deposits in different areas of the engine. Because there is less buildup in the lines and many of the moving parts on the motor, less stress is placed on the engine during operation, effectively prolonging the life of the vehicle.

The fuel additives market is witnessing an increase in demand due to the increasing consumption of ultra-low-sulfur diesel (ULSD), which requires more dosing of additives. Though the gasoline consumption has experienced a dip worldwide, the unleaded gasoline used now-a-days requires more dosing of additives than the regular gasoline. Better and improved aviation fuel also requires heavy dosing of a
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