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The Automotive Additives Market is projected to reach a market size of USD 8.58 billion by 2027, growing at a CAGR of 6% from 2021 to 2027.
Automotive additives are chemicals that, when added in small amounts to a fuel or oil, improve the quality of the fuel or oil. Automotive additives can be fuel additives or oil additives. Fuel additives increase the octane number of a fuel. Fuel additives can also act as lubricants and help prevent corrosion, making cars more efficient. Thus, fuel additives reduce problems with torsion or weak acceleration. Oil additives are compounds that help increase the effectiveness of base oils. Almost all motor oils on the market contain additives. These oil additives are very important for proper lubrication of the motor. Automotive additives can be in liquid or powder form.
Scope of the Report
The research study analyzes the global Automotive Additives industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Automotive Additives Market is available at: https://www.orionmarketreports.com/automotive-additives-market/59789/
Market Segments
By Plastic
- Polypropylene (PP)
- Polyurethane (PUR)
- Poly-Vinyl Chloride (PVC)
- Acrylonitrile Butadiene Styrene (ABS)
By Plastic Additives
- Plasticizers
- Anti-Scratch
- Stabilizers
- Antioxidants
- Others
By Automotive Application
- Exterior
- Interior
- Under the Hood
- Electronics & Electrical
Key Players
- Exxon Mobil Corporation
- BASF SE
- The Dow Chemical Company
- Sabic
- Akzonobel N.V.
- Evonik Industries AG
- Covestro AG
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Additives Market Report
- What was the Automotive Additives Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Additives Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Automotive Additives Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Additives market.
- The market share of the global Automotive Additives market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Additives market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Additives market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
