Freedonia In The News

Article Title: World market for fuel additives to reach 26.5 million metric tons in 2016
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Publication: Oil & Gas Product News, 1/12/2013
Freedonia Study: World Fuel Additives (2977)

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January 12, 2013 - The world market for fuel additives is forecast to grow 4.7 percent per year to 26.5 million metric tons in 2016, with demand in value terms advancing 8.0 percent per year to $59.4 billion. Total fuel additive demand in volume terms is heavily dominated by gasoline oxygenates, such as methyl tertiary butyl ether (MTBE). In 2011, ether oxygenates accounted for 94 percent of total demand. These and other trends are presented in World Fuel Additives, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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Article Title: Freedonia: Global demand for fuel additives to surge by 2016
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Publication: Oil & Gas Journal, 1/10/2013
Freedonia Study: World Fuel Additives (2977)

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Global demand for fuel additives will increase 4.7%/year to 26.5 million tonnes in 2016, with demand in value terms advancing 8%/year to $59.4 billion. Total fuel-additive demand in volume terms is heavily dominated by gasoline oxygenates, such as methyl tertiary butyl ether (MTBE). In 2011, ether oxygenates accounted for 94% of total demand. These and other trends are presented a new study marketed by the Freedonia Group Inc., Cleveland, Ohio. Excluding oxygenates, the study says, global demand for specialty fuel additives will expand 3.6%/year to 1.5 million tonnes in 2016. The rapidly expanding fuel market in China will affect the growth of fuel additives, particularly as China’s fuel standards become stricter and additive treat rates rise.
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