Cetane Number Improvers Market Overview
The "Cetane Number Improvers Market" is expected to grow at a high CAGR of 5.0% during the forecast period (2024-2031).
The ignition quality of diesel fuel is assessed by its Cetane number. Diesel fuels with a high Cetane number provide numerous benefits for both engines and the environment. These advantages include reduced VOC emissions, improved cold starting performance, lower engine noise, decreased fuel consumption, and more.
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Cetane Number Improvers Market Dynamics
The global Cetane number improvers market is primarily driven by the high consumption of diesel fuel. Currently, gasoline and diesel are the predominant automotive fuels, with diesel engines being more efficient, leading to lower diesel consumption and reduced VOC emissions.
As a result, many European countries are increasingly favoring diesel cars over other types of vehicles. This preference is supported by the average refinery output of various products, including diesel, gasoline, fuel oil, kerosene, naphtha, and LPG.
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Cetane Number Improvers Market is segmented
By fuel type: Diesel, Biodiesel, Others
By chemical compound: 2-Ethylhexyl nitrate, Di-tertiary butyl peroxide, Others
By end-user: Automotive, Mining, Oil Gas, Agriculture, Others
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Cetane Number Improvers Market Companies
- Dorf Ketal
- Lubrizol
- Innospec
- Afton Chemicals
- Chevron Oronite
- Total SA
- Infineum International Ltd.
- Liao Dong Chemical
- Eon Chemicals
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