Asia Pacific Automotive Aftermarket Fuel Additives Market Outlook

fuel additives are important components of the asia pacific automotive aftermarket. poor fuel quality in the region which is attributed to low vehicle mileage and emission standards has led to increased use of fuel additives. this has provided a major boost to the growth of the asia pacific automotive aftermarket fuel additives market. some of the popular fuel additives in the region include detergents, alcohols, viscous control agents, gum inhibitors, anti-oxidants, cetane improvers, lubricity improvers, fuel stabilizers, dyes, and fuel tanks cleaners. their use in cars has improved engine performance by removing deposits from fuel systems, increasing octane levels, and restoring vehicle fuel efficiency. major trends such as increasing vehicle penetration and rising consumer preference for better fuel economy and engine protection are expected to boost the demand for fuel additives in the region. the availability of, and improved access to, fuel injection systems in the asia pacific is further driving the use of fuel additives. the asia pacific agricultural sector is also likely to be a major driver of the fuel additives market. properties of fuel additives such as superior performance, improved fuel consumption, better productivity, increased diesel engine life, improved combustion, uniform burning and improved fuel economy are aiding their use in the agriculture industry. currently, major players in the asia pacific automotive aftermarket fuel additives market include bp, shell, chevron, exxonmobil, innospec, and basf. companies in the region are increasingly resorting to agreements and collaborations to stay ahead of competition. for instance, advansix in june 2016 collaborated with indian additive manufacturer chemanol to manufacture and market fuel additives in the middle east and africa. the asia pacific automotive aftermarket fuel additives market is expected to witness healthy growth in the coming years, especially due to its wide application in engine protection and fuel saving. this trend is expected to continue as both manufacturers and end-users continue to seek improvements in terms of fuel efficiency and engine protection.