Octane Improver Market by Additive Types (Ethanol, MTBE, Methanol and Others) by End-users (Automotive, Marine & Aviation and Others) and By Geography-Global Drivers, Restraints, Opportunities, Trends & Forecast to 2028

Octane improver is a fuel additive use to improve the efficiency of the fuel and enhance its quality as well. Octane improver comes under oxygenate category, as it increase gasoline's octane rating or act as corrosion inhibitors or lubricants. This helps in maintaining higher compression ratios for greater efficiency and power. The increasing popularity of high-performance vehicles, sports cars, and luxury cars creates a demand for octane improver market. High-performance engines require gasoline with improved anti-knock properties to achieve optimal power and efficiency. In addition to this the governments and environmental agencies worldwide are implementing stricter emission standards to reduce air pollution and combat climate change. Higher-octane fuels, facilitated by octane improvers, can lead to cleaner and more efficient combustion, resulting in lower emissions of harmful pollutants which further propel the market growth. On the contrary, the factors such as unfavorable conditions arising because of the COVID-19 outbreak and strict environmental regulations are impeding the market growth. The Octane Improver Market is expected to grow at a rate of 7.5% CAGR by 2028.

Octane Improver Market by Additive Types:

•	Ethanol

•	MTBE

•	Methanol

•	Others

Octane Improver Market by End-users:

•	Automotive

•	Marine & Aviation

•	Others

Octane Improver Market by Geography:

•	North America

•	Europe

•	Asia Pacific

•	Rest of the World

On the basis of additive type, the octane improver market is bifurcated into Ethanol, MTBE, Methanol and Others. The Ethanol segment is projected to have the highest share in the market. Ethanol has an octane rating of about 108 and is mixed to fuel to improve the overall octane rating of the fuel. The usage of ethanol-blended fuel minimizes the emission of NOX, and particulate matter. Owing to the less carbon to hydrogen ratio, the use of ethanol minimizes carbon-dioxide emissions and improves fuel efficiency. The use of ethanol produced from bio-based rather than petroleum-based is projected to minimize pollution and propel the market during the forecast period.

Further, on the basis of end a user, the octane improver market is divided into Automotive, Marine & Aviation and Others. Automotive holds the highest market share. The growth of the segment is accredited to the rising demand for automobiles around the world. This is the result has increased the usage of octane improver. Octane improvers are gas additives which are added to the fuel tank to increase the fuel's octane rating. For example, the octane improver gasoline additive can fuel an engine's performance, enhance efficiency and minimize the environmental impact of automobile engines.

Further based on the geography, the Asia-Pacific region is projected to lead the market for octane improver during the forecast period owing to a surge in demand from countries such as China, and India. Moreover, along with government support, are leading to the augmenting demand for octane improver market in the Asia Pacific during the forecast period.

Moreover, the ongoing research and development of fuel additives, such as octane improvers, are leading to more effective and efficient products. Global manufacturers are continuously improving their formulations to meet the stringent requirements of modern high-performance engines. Further, there is a growing global trend towards cleaner and more sustainable fuels in response to environmental concerns. Octane improvers play a role in improving fuel efficiency and reducing emissions, making them a relevant solution in the quest for greener transportation. Henceforth, the above mentioned trends are leading to the growth of global octane improvers market.

The report of octane improvers market consists of profiles of the key vendors - BASF SE, BP PLC, Chevron Corporation, China Petroleum & Chemical Corporation (Sinopec), Dorf Ketal Chemicals, Exxon Mobil Corporation, Hindustan Petroleum Corporation Limited (HPCL), LyondellBasell Industries N.V., Royal Dutch Shell plc and Tesla, Inc.

Therefore, as the automotive industry continues to evolve, and regulations become more stringent, the octane improver market is expected to experience further growth and innovation. Manufacturers will likely continue to develop advanced additives to meet the demand for high-performance, clean-burning, and fuel-efficient gasoline.

•	This report depicts the exact evaluation of the octane improvers market size and its share in the parent market

•	Accurate estimations of future trends and changes in market dynamics are also included in this report.

•	This report depicts the growth analysis of the octane improvers market among North America, Asia Pacific, Europe, and rest of the world.

•	A complete analysis of the market's competitive outlook and detailed information of vendors is defined in the study.

Table of Contents
1.	Executive Summary
2.	Industry Outlook
2.1.	Industry Overview
2.2.	Industry Trends
3.	Market Snapshot
3.1.	Market Definition
3.2.	Market Outlook
3.2.1.	Porter Five Forces
3.3.	Related Markets
4.	Market characteristics
4.1.	Market Overview
4.2.	Market Segmentation
4.3.	Market Dynamics
4.3.1.	Drivers
4.3.2.	Restraints
4.3.3.	Opportunities
4.4.	DRO - Impact Analysis
5.	Additive Types: Market Size & Analysis
5.1.	Overview
5.2.	Ethanol
5.3.	MTBE
5.4.	Methanol
5.5.	Others
6.	End-users: Market Size & Analysis
6.1.	Overview
6.2.	Automotive
6.3.	Marine & Aviation
6.4.	Others
7.	Geography: Market Size & Analysis
7.1.	Overview
7.2.	North America
7.3.	Europe
7.4.	Asia Pacific
7.5.	Rest of the World
8.	Competitive Landscape
8.1.	Competitor Comparison Analysis
8.2.	Market Developments
8.2.1.	Mergers and Acquisitions, Legal, Awards, Partnerships
8.2.2.	Product Launches and execution
9.	Vendor Profiles
9.1.	BASF SE
9.1.1.	Overview
9.1.2.	Financial Overview
9.1.3.	Product Offerings
9.1.4.	Developments
9.1.5.	Business Strategy
9.2.	BP PLC
9.2.1.	Overview
9.2.2.	Financial Overview
9.2.3.	Product Offerings
9.2.4.	Developments
9.2.5.	Business Strategy
9.3.	Chevron Corporation
9.3.1.	Overview
9.3.2.	Financial Overview
9.3.3.	Product Offerings
9.3.4.	Developments
9.3.5.	Business Strategy
9.4.	China Petroleum & Chemical Corporation
9.4.1.	Overview
9.4.2.	Financial Overview
9.4.3.	Product Offerings
9.4.4.	Developments
9.4.5.	Business Strategy
9.5.	Dorf Ketal Chemicals
9.5.1.	Overview
9.5.2.	Financial Overview
9.5.3.	Product Offerings
9.5.4.	Developments
9.5.5.	Business Strategy
9.6.	Exxon Mobil Corporation
9.6.1.	Overview
9.6.2.	Financial Overview
9.6.3.	Product Offerings
9.6.4.	Developments
9.6.5.	Business Strategy
9.7.	Hindustan Petroleum Corporation Limited
9.7.1.	Overview
9.7.2.	Financial Overview
9.7.3.	Product Offerings
9.7.4.	Developments
9.7.5.	Business Strategy
9.8.	LyondellBasell Industries N.V.
9.8.1.	Overview
9.8.2.	Financial Overview
9.8.3.	Product Offerings
9.8.4.	Developments
9.8.5.	Business Strategy
9.9.	Royal Dutch Shell plc
9.9.1.	Overview
9.9.2.	Financial Overview
9.9.3.	Product Offerings
9.9.4.	Developments
9.9.5.	Business Strategy
9.10.	Tesla, Inc.
9.10.1.	Overview
9.10.2.	Financial Overview
9.10.3.	Product Offerings
9.10.4.	Developments
9.10.5.	Business Strategy
10.	Analyst Opinion
11.	Annexure
11.1.	Report Scope
11.2.	Market Definitions
11.3.	Research Methodology
11.3.1.	Data Collation and In-house Estimation
11.3.2.	Market Triangulation
11.3.3.	Forecasting
11.4.	Report Assumptions
11.5.	Declarations
11.6.	Stakeholders
11.7.	Abbreviations

Tables
TABLE 1.	GLOBAL OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 2.	GLOBAL OCTANE IMPROVER MARKET VALUE FOR ETHANOL, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 3.	GLOBAL OCTANE IMPROVER MARKET VALUE FOR MTBE, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 4.	GLOBAL OCTANE IMPROVER MARKET VALUE FOR METHANOL, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 5.	GLOBAL OCTANE IMPROVER MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 6.	GLOBAL OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 7.	GLOBAL OCTANE IMPROVER MARKET VALUE FOR AUTOMOTIVE, 2022-2028 (USD BILLION)
TABLE 8.	GLOBAL OCTANE IMPROVER MARKET VALUE FOR MARINE & AVIATION, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 9.	GLOBAL OCTANE IMPROVER MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 10.	NORTH AMERICA OCTANE IMPROVER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 11.	NORTH AMERICA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 12.	NORTH AMERICA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 13.	U.S OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 14.	U.S OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 15.	CANADA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 16.	CANADA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 17.	EUROPE OCTANE IMPROVER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 18.	EUROPE OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 19.	EUROPE OCTANE IMPROVER MARKET VALUE, END-USERS, 2022-2028 (USD BILLION)
TABLE 20.	GERMANY OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 21.	GERMANY OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 22.	U.K OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 23.	U.K OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 24.	FRANCE OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 25.	FRANCE OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 26.	ITALY OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 27.	ITALY OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 28.	SPAIN OCTANE IMPROVER  MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 29.	SPAIN OCTANE IMPROVER  MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 30.	ROE OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 31.	ROE OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 32.	ASIA PACIFC OCTANE IMPROVER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 33.	ASIA PACIFC OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 34.	ASIA PACIFC OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 35.	CHINA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 36.	CHINA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 37.	INDIA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 38.	INDIA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 39.	JAPAN OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 40.	JAPAN OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 41.	REST OF APAC OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 42.	REST OF APAC OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 43.	REST OF WORLD OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
TABLE 44.	REST OF WORLD OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
TABLE 45.	BASF SE: FINANCIALS	
TABLE 46.	BASF SE: PRODUCTS & SERVICES	
TABLE 47.	BASF SE: RECENT DEVELOPMENTS	
TABLE 48.	BP PLC: FINANCIALS	
TABLE 49.	BP PLC: PRODUCTS & SERVICES	
TABLE 50.	BP PLC: RECENT DEVELOPMENTS	
TABLE 51.	CHEVRON CORPORATION: FINANCIALS	
TABLE 52.	CHEVRON CORPORATION: PRODUCTS & SERVICES	
TABLE 53.	CHEVRON CORPORATION: RECENT DEVELOPMENTS	
TABLE 54.	CHINA PETROLEUM & CHEMICAL CORPORATION: FINANCIALS	
TABLE 55.	CHINA PETROLEUM & CHEMICAL CORPORATION: PRODUCTS & SERVICES	
TABLE 56.	CHINA PETROLEUM & CHEMICAL CORPORATION: RECENT DEVELOPMENTS	
TABLE 57.	DORF KETAL CHEMICALS: FINANCIALS	
TABLE 58.	DORF KETAL CHEMICALS: PRODUCTS & SERVICES	
TABLE 59.	DORF KETAL CHEMICALS: RECENT DEVELOPMENTS	
TABLE 60.	EXXON MOBIL CORPORATION: FINANCIALS	
TABLE 61.	EXXON MOBIL CORPORATION: PRODUCTS & SERVICES	
TABLE 62.	EXXON MOBIL CORPORATION: RECENT DEVELOPMENTS	
TABLE 63.	HINDUSTAN PETROLEUM CORPORATION LIMITED: FINANCIALS	
TABLE 64.	HINDUSTAN PETROLEUM CORPORATION LIMITED: PRODUCTS & SERVICES	
TABLE 65.	HINDUSTAN PETROLEUM CORPORATION LIMITED: RECENT DEVELOPMENTS	
TABLE 66.	LYONDELLBASELL INDUSTRIES N.V.: FINANCIALS	
TABLE 67.	LYONDELLBASELL INDUSTRIES N.V.: PRODUCTS & SERVICES	
TABLE 68.	LYONDELLBASELL INDUSTRIES N.V.: RECENT DEVELOPMENTS	
TABLE 69.	ROYAL DUTCH SHELL PLC: FINANCIALS	
TABLE 70.	ROYAL DUTCH SHELL PLC: PRODUCTS & SERVICES	
TABLE 71.	ROYAL DUTCH SHELL PLC: RECENT DEVELOPMENTS	
TABLE 72.	TESLA, INC.: FINANCIALS	
TABLE 73.	TESLA, INC.: PRODUCTS & SERVICES	
TABLE 74.	TESLA, INC.: RECENT DEVELOPMENTS

Charts
CHART. 1. 	GLOBAL OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 2. 	GLOBAL OCTANE IMPROVER MARKET VALUE FOR ETHANOL, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 3. 	GLOBAL OCTANE IMPROVER MARKET VALUE FOR MTBE, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 4. 	GLOBAL OCTANE IMPROVER MARKET VALUE FOR METHANOL, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 5. 	GLOBAL OCTANE IMPROVER MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 6. 	GLOBAL OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 7. 	GLOBAL OCTANE IMPROVER MARKET VALUE FOR AUTOMOTIVE, 2022-2028 (USD BILLION)
CHART. 8. 	GLOBAL OCTANE IMPROVER MARKET VALUE FOR MARINE & AVIATION, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 9. 	GLOBAL OCTANE IMPROVER MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
CHART. 10. 	NORTH AMERICA OCTANE IMPROVER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
CHART. 11. 	NORTH AMERICA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 12. 	NORTH AMERICA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 13. 	U.S OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 14. 	U.S OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 15. 	CANADA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 16. 	CANADA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 17. 	EUROPE OCTANE IMPROVER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
CHART. 18. 	EUROPE OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 19. 	EUROPE OCTANE IMPROVER MARKET VALUE, END-USERS, 2022-2028 (USD BILLION)
CHART. 20. 	GERMANY OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 21. 	GERMANY OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 22. 	U.K OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 23. 	U.K OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 24. 	FRANCE OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 25. 	FRANCE OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 26. 	ITALY OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 27. 	ITALY OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 28. 	SPAIN OCTANE IMPROVER  MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 29. 	SPAIN OCTANE IMPROVER  MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 30. 	ROE OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 31. 	ROE OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 32. 	ASIA PACIFC OCTANE IMPROVER MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
CHART. 33. 	ASIA PACIFC OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 34. 	ASIA PACIFC OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 35. 	CHINA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 36. 	CHINA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 37. 	INDIA OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 38. 	INDIA OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 39. 	JAPAN OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 40. 	JAPAN OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 41. 	REST OF APAC OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 42. 	REST OF APAC OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)
CHART. 43. 	REST OF WORLD OCTANE IMPROVER MARKET VALUE, BY ADDITIVE TYPES, 2022-2028 (USD BILLION)
CHART. 44. 	REST OF WORLD OCTANE IMPROVER MARKET VALUE, BY END-USERS, 2022-2028 (USD BILLION)

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