Fuel Additives Market will be worth of US$ 11.09 Bn by 2023, expanding at a CAGR of 8.3% by 2023


                

A large number of consumers today are aware of the benefits of fuel additives, especially in North America and Europe. This has spurred the demand for fuel additives in these regions. In an earlier report by ATC Europe, over 95% of the fuel made available in the EU-28 region is usually treated with fuel additives. A similarly high proportion of fuel additives is also used by the North American refineries in order to meet the stringent emission standards.