Cetane Number Improver (CNI) is a type of additive which is
basically used to raise the cetane number and for the complete combustion of
diesel fuel. Cetane improver can be added to the fuel at diverse stages such as
in oil refinery, tank-farms, fuel distribution systems and as after-market
products.
According to a recent study from IndustryARC, the global Cetane Number Improver Market was
around $611 Million in 2014, where the oil refinery market
type accounted for around 88% of market share. The average treat rate of cetane
number improver used in oil refinery is 200 parts per million of the total
volume of diesel fuel in order to raise 1 point of cetane number.
The global Cetane Number Improver Market is estimated to generate $825 Million by 2020.
Diesel engines operating on low
cetane number diesel fuel protracts ignition, produce noise and emit white
smoke with hydrocarbon pollutants and consume extra fuel than required. These
types of diesel fuels contain large quantities of aromatics and smaller
quantity of alkanes, alkenes and naphthenes. Thus, government authorities are
focusing on fuel specifications and as a result, stringent regulations for
minimum cetane number have been framed, which varies from region to
region.
Asia-Pacific (APAC) region was the leading market with around $234 Million revenue in 2014, projected to upsurge at a higher
CAGR of 7.2% for the forecast period 2014-20.
The major players in the Cetane Number Improver Market include:
·
Innospec Incorporation
·
EPC-UK PLC
·
VeryOne(Eurenco Limited)
·
NITROERG SA
·
Kutch Chemicals
The global Cetane Number Improver Market
report provides detailed analysis of the different types of diesel, end-users
and geography. The end-user industries are incorporated in the report includes:
·
Oil Refineries
·
Automotive Manufacturing
·
Agriculture
·
Marine
·
Power Generators
·
Others
The market is also presented from
the perspective of different geographic regions and the key countries for above
mention end-user industries. Competitive
landscape for after-market products is highlighted in product-benchmarking
section and major market players are profiled.
To Avail a Sample Brochure on “Cetane Number Improver Market”, Follow
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