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Key Market Developments that Drive Lubricant Markets for Two Wheelers

Two-wheelers are a popular means of transportation in developing countries because of their low ownership cost and fuel-efficiency. In the long term, two-wheeler market will continue to grow despite a temporary disruption in 2020 amid COVID-19 driven by access to credit and financing. E-commerce and bike taxis will also give a forward push to this market. However, some factors, such as the increasing electric two-wheeler population, restrictions on two-wheeler usage in China, a move toward cars in developing countries as a result of economic growth change the way the market develops.Continue reading

Global Fuel Additives: Market Analysis and Opportunities

Regulations and Fuel Economy Norms Will Continue to Affect Fuel Additive Consumption

Written By: Eric Pimenta and Kunal Mahajan

According to the recently published Global Fuel Additives: Market Analysis and Opportunities report by global market research and management consulting firm Kline, global fuel additive consumption is about 820 kilotonnes in 2016. North America is the largest fuel additive-consuming region in the world due to its high fuel consumption for transportation, as well as supported by the mandated additive usage for gasoline in the United States.

Fuel additives are categorized into three key segments: blending, shipping, and storage, performance additives, and the aftermarket.Continue reading