Cetane Number Improver Market; Market Analysis, Future Forecast, Business Opportunities (2015-2020)

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.

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Sustainable Diesel Usage is Set to Push the Cetane Number Improver market to $825 Million by 2020.

Cetane Number is a measure of ignition quality of a diesel fuel and is determined by a standard engine test as specified by American Society for Testing and Materials International (ASTM D613). The ignition quality of diesel fuel is enumerated by measuring the ignition delay, which is the time period between the time of injection and start of combustion (ignition) of fuel. Combustion is not an immediate process; it depends upon automatic ignition of fuel injected into compressed air trapped in combustion chamber. An increase in Cetane Number diminishes the delay between injection and ignition of fuel.

**For More Info on “Cetane Number Improvers Market”, Follow Below Report Link:

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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 market value of Cetane Number Improver was around $611 Million in 2014, and is expected to reach $825 Million by 2020. 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.

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

** Procure the Premium Market Report on “Cetane Number Improvers” @ http://industryarc.com/purchasereport.php?id=6439

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CONTACT:

Mr. Sanjay Matthews

Sales Manager

sales@industryarc.com

#: +1-614-588-8538 (Ext: 101)

www.industryarc.com