Global Cetane Number Improver(2-EHN) Market is valued at approximately USD $ million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2022-2028. The Cetane number is used to determine the ignition quality of diesel fuel. Diesel fuels with a high Cetane number provide a variety of engine and environmental benefits. Lower engine noise, reduced VOC emissions, lower fuel consumption, improved cold start, and more are among the benefits of Cetane number. The market growth is driven by the key factors such as high consumption of diesel fuel and Strict government regulation to control air pollution in the world. According to Statista, In the year 2020, Australia’s yearly diesel fuel consumption will be 28.5 billion liters.
The yearly use of diesel fuel was 29.58 billion liters in 2019. On the other hand, India’s diesel consumption for 2020 is expected to be approximately 88.2 billion gallons. Due to the COVID-19 epidemic, this was a drop from the usage level of around 100 billion liters of diesel in 2019. Furthermore, increase in the technological advancements and modernization in the production techniques boost the market opportunities across the globe. However, higher prices of these chemical compounds impede the growth of the market over the forecast period of2022-2028.
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The key regions considered for the global Cetane Number Improver(2-EHN) Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. APAC is leading the market share, owing to growing automotive sales in this region. Also, the region is expected to grow at fastest rate due to strong government support in emerging countries such as India and China.
Major market players included in this report are:
Dorf Ketal
Chevron Oronite
Infineum International Ltd.
Innospec
Lubrizol
Liao Dong Chemical
Total SA
Veryone
Eon Chemicals
Appendi
Afton chemicals
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:
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
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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