Global Cetane Improver Market Insights and Forecast to 2028

Cetane improver is a colorless to light yellow color liquid. It is a cost effective additive used to raise the cetane number of distillate fuel stocks and to lower diesel exhaust emissions. It can be readily used by refiners and fuel users in all types of diesel fuel.
There are many types of cetane improver, such as nitrates, peroxides and some nitroso compounds. The industrial use of cetane improver is generally nitrates, and the main cetane improver additives manufactured today is 2-ethylhexyl nitrate.
Market Analysis and Insights: Global Cetane Improver Market
Due to the COVID-19 pandemic, the global Cetane Improver market size is estimated to be worth US$ 1034.3 million in 2022 and is forecast to a readjusted size of US$ 1192.4 million by 2028 with a CAGR of 2.4% during the review period. Fully considering the economic change by this health crisis, Nitrates accounting for % of the Cetane Improver global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Petroleum Diesel segment is altered to an % CAGR throughout this forecast period.
The major players in global Cetane Improver market include Eurenco, Wonder Energy Chemical, Afton Chemical, etc. The top 3 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy about 75% of the global market. Nitrates is the main type, with a share about 90%. Petroleum Diesel is the main application, which holds a share about 70%.
In terms of production side, this report researches the Cetane Improver capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Cetane Improver by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Cetane Improver Scope and Segment
Cetane Improver market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Cetane Improver market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Nitrates
Peroxide
Others
Segment by Application
Petroleum Diesel
Biodiesel
Synthetic Diesel
Others
By Company
Eurenco
Wonder Energy Chemical
Afton Chemical
EPC-UK
BASF
Lubrizol Corporation
Chevron Oronite
Cestoil Chemical
Dorf Ketal
Biysk Oleum
Baker Hughes
Innospec
Maxam
Total ACS
BG Products
Production by Region
North America
Europe
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE