Saudi Arabia Specialty Fuel Additives Market Size & Outlook
Saudi Arabia specialty fuel additives market, 2018-2030 (US$M)
Related Markets
Saudi Arabia specialty fuel additives market highlights
- The Saudi Arabia specialty fuel additives market generated a revenue of USD 474.1 million in 2023 and is expected to reach USD 746.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, deposit control was the largest revenue generating product in 2023.
- Cold flow Improvers is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty fuel additives market data book summary
| Market revenue in 2023 | USD 474.1 million |
| Market revenue in 2030 | USD 746.1 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Deposit control |
| Fastest growing segment | Cold flow Improvers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Deposit Control, Cetane Improvers, Antioxidants, Lubricity Improvers, Cold flow Improvers, Corrosion Inhibitors, Other |
| Key market players worldwide | NewMarket Corp, Basf SE, Albemarle Corp, Baker Hughes Co Class A, Lanxess AG, Dow Inc, Chevron Corp, The Lubrizol Corp, TotalEnergies SE, Clariant AG, Ecolab Inc, Evonik Industries AG |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 4.5% of the global specialty fuel additives market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia specialty fuel additives market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 746.1 million by 2030.
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Specialty Fuel Additives Market Scope
Specialty Fuel Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia specialty fuel additives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to specialty fuel additives market will help companies and investors design strategic landscapes.
Deposit control was the largest segment with a revenue share of 38.3% in 2023. Horizon Databook has segmented the Saudi Arabia specialty fuel additives market based on deposit control, cetane improvers, antioxidants, lubricity improvers, cold flow improvers, corrosion inhibitors, other covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Specialty Fuel Additives Product Outlook (Revenue, USD Million, 2018-2030)
- Deposit Control
- Cetane Improvers
- Antioxidants
- Lubricity Improvers
- Cold flow Improvers
- Corrosion Inhibitors
- Other
- Saudi Arabia Specialty Fuel Additives Application Outlook (Revenue, USD Million, 2018-2030)
- Gasoline
- Diesel
- Aviation turbine fuel
- Other
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Our clientele includes a mix of specialty fuel additives market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia specialty fuel additives market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia specialty fuel additives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia specialty fuel additives market size, by product, 2018-2030 (US$M)
Saudi Arabia Specialty Fuel Additives Market Outlook Share, 2023 & 2030 (US$M)
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