Skip to main content

What are the market trends for the global Anti-Knock Preparation market?

The global anti-knock preparation market is expected to display higher growth rate over the next five years. Rapid surge in the market is credited to rising demand from automotive sector. An antiknock agent has similar function to gasoline additive, which is used to limit engine knocking. Use of antiknock agent to improve the fuel's octane rating is expected to fuel market demand for anti-knock agent, thereby driving market growth of market over the forecast period. Preparation of antiknock agent is carried out by raising the temperature and pressure at which auto-ignition occurs.
Globally, the market is predicted to generate massive revenue over the next five years, providing numerous opportunities for market players to invest for research and development in the anti-knock preparation market.
Gasoline or petrol, which is required in high compression internal combustion engines, produces engine knocking or pinging. Engine knocking involves ignition of engine before the correctly timed spark occurs. Use of anti-knock agent is responsible for limiting engine knocking by improving octane number of gasoline. Antiknock additive is also known as gasoline soluble chemicals, which is mixed with gasoline. Antiknock additive is prepared from raw materials and their fractions such as hydrocarbon with high octane number and aromatic amines with highly specialized chemistry.
Antiknock additive enhances the antiknock quality of gasoline products. Furthermore, lower preparation cost and easy availability of raw materials is expected to boost the growth of anti-knock preparation market over the forecast period. For preparation of antiknock agent, small quantity of raw materials is required, thus limiting overall production cost. Increasing use of anti-knocking agents in gasoline products leads to reduction in carbon emission, thus limiting harmful effects. These factors are predicted to drive the growth of market over the next seven five years.
The anti-knock preparation market is broadly categorized into five major segments based on the product type such as tetraethyllead, ferrocene, toluene, iron pentacarbonyl and Methylcyclopentadienyl manganese Tricarbonyl (MMT). The tetraethyllead segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of the tetraethyllead segment is attributed to the easy availability and higher market penetration.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in manufacturing sector, higher approval rate by regional government authorities, and surge in number of research & development activities in the region and existence of well-established infrastructure.
Asia-Pacific region is estimated to hold major share in the market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, favorable laws & regulation regarding use of fuel additive, rising disposable income, increasing manufacturing activities, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the anti-knock preparation market are Shandong Dongchang Fine Chemical Technology Co., Ltd., Wuxi Weite New Engery Co., Ltd., YingkouTanyun Chemical Research Institute Corp., and SIMAGCHEM Corp.

Comments

Post a Comment

Popular posts from this blog

Functional Tea Market is expected to boost the growth of the market over the forecast period.

Functional Tea refers to a series of teas that can contribute to bodily functions. In 2019, the market size of Functional Tea is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. Download Request sample copy -  https://www.innovationmarketresearch.com/market-reports/functional-tea-market/request-sample In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Tea. This report studies the global market size of Functional Tea, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Functional Tea sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sal...
Post a Comment
Read more

Atherectomy Devices Industry Landscape & Scope Till, 2014 - 2025.

Asia pacific can be a potential market for atherectomy devices since countries such as India and china possess the largest number of cardiac patients with an annual incidence of 7 million strokes. Tobacco consumption is rapidly increasing in south Asian countries in conjunction with economic expansion increasing their risk of artery diseases. Reduction of abdominal obesity through lifestyle measures can improve all components of the metabolic syndrome and likely delay the development of both diabetes and atherosclerosis. Beyond lifestyle intervention, optimal management of risk factors to evidence-based targets is essential. Download Free Sample -  https://www.millioninsights.com/industry-reports/atherectomy-devices-market-size/request-sample High awareness of health problems caused due to change in lifestyle and optimal management of risk factors can improve the metabolic syndrome and likely reduce the development of both diabetes and atherosclerosis and hence reducing the de...
Post a Comment
Read more

What are the land and construction requirements to start an Adipic Acid (CAS 124-04-9) manufacturing plant?

  Adipic acid or hexanedioic acid is the most important dicarboxylic acid with the formula (CH2)4(COOH)2. It is produced industrially by the oxidation of cyclohexanone and cyclohexanol with nitric acid. Adipic acid is one of the most important monomers, predominantly as a precursor for the production of nylon 66. The analysts forecast the global adipic acid market to exhibit a CAGR of 4.2% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global adipic acid for 2019-2024. To calculate the market size, the report considers the adipic acid sales volume and revenue. Download Free Sample  -  https://www.radiantinsights.com/research/adipic-acid-cas-124-04-9-market/request-sample The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to...
Post a Comment
Read more