Global Cetane Number Improver Market Outlook 2022

Cetane number is a measure of quality of ignition for diesel fuel. It indicates the time delay between injection and actual ignition of the fuel. Higher the cetane number, lower is the ignition delay, better is the ignition quality, more complete is the fuel combustion and better is the overall performance. In case of lower cetane number, higher is the overall time delay. Diesel fraction obtained from sour crude, blending of diesel with biodiesel or ethanol result in lower cetane number. Cetane number improver or simply cetane improver is that additive which is used to increase cetane number of diesel fuel. These Cetane number improver compounds are used in the concentration ranging from 0.06% to 0.4% and result in effecting increase in the cetane number by nearly 3 to 8. Thus, use of cetane number improvers result in improvement in overall ignition characteristics of diesel fuel. Moreover, cetane number improvers offer several advantages such as easy ignition of fuel, lowering smoke emission, wear reduction, smoother engine operation, among others. Cetane number Improvers are generally alkyl nitrate compounds which are decompose at higher temperatures and lower the initial boiling point of diesel fuel. Ethyl hexyl nitrate and Di-tertiary butyl peroxide (DTBP) are some of the commonly used as cetane number improver compounds.
Global cetane number improver market is expected to witness a steady growth during forecast period. Blending of biodiesel with conventional diesel results in a blend having relatively lower cetane number. Government regulations, especially in countries such as Brazil, U.S., Argentina, Germany and Spain, among others, pertaining to mandatory blending of biodiesel with diesel are expected to gain momentum during forecast period. As such, the demand for cetane number improvers is expected to in turn witness a steady growth during forecast period. Furthermore, increasing diesel fuel consumption in power generation and other application areas is expected to drive the growth in demand for cetane improvers over forecast period. Also, increasing preference for diesel fuel exhibiting complete combustion characteristic along with low exhaust emissions, is another factor that is expected to fuel the growth of additives like cetane improvers, antifoaming agents, cleaning additives, among others.

Market Analysis and Insights: Global Cetane Number Improver Market
The global Cetane Number Improver market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.

Global Cetane Number Improver Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Cetane Number Improver Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
2-Ethylhexyl Nitrate (EHN)
Di-Tertiary Butyl Peroxide (DTBP)
Others

Segment by Application
Biodiesel
Petroleum Based Diesel

By Company
BASF
The Lubrizol
Innospec Specialty Chemicals
Chevron Oronite
Eurenco
Nitroerg
Cestoil Chemicals
Kutch Chemical Industries
EPC-UK
Dorf-Ketal

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E