July 14, 2017 - 6:43 PM EDT
Print Email Article Font Down Font Up
Top 5 Vendors in the Global Jet Fuel Additives Market from 2017-2021: Technavio

Technavio has announced the top five leading vendors in their recent global jet fuel additives market report until 2021. This research report also lists eight other prominent vendors that are expected to impact the market during the forecast period.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170714005565/en/

Technavio has published a new report on the global jet fuel additives market from 2017-2021. (Graphi ...

Technavio has published a new report on the global jet fuel additives market from 2017-2021. (Graphic: Business Wire)

The global jet fuel additives market will have a significant growth due to the increasing demand from passenger and cargo aircraft. The revenue passenger kilometer (RPK) is the measure of the volume of passengers that is carried by an airline. The increase in demand for low-cost carriers (LCCs) and cargo flights are expected to foster the growth of the global jet fuel additives market during the forecast period.

Competitive vendor landscape

The global jet fuel additives market is fragmented with the presence of a large number of vendors. The market is mainly dominated by global vendors such as Afton Chemical, BASF, Innospec, GENERAL ELECTRIC, and Shell. Many regional vendors are also present in the global jet fuel additives market, especially in emerging regions such as APAC and the Middle East. Growing industrialization and urbanization in developing countries such as India, Brazil, and China have spurred the entry and growth of domestic vendors.

Hitesh Bhatia, an industry expert at Technavio for research on specialty chemicals, says, “The major players in the jet fuel additives market are keenly focusing on mergers and acquisitions to shield themselves from the threat of rivalry. For instance, in 2017 the LANXESS acquired the US company, Chemtura. The acquisition is expected to expand its additives portfolio and have a competitive edge over the jet fuel additives market. Although medium and small-scale vendors are coming up with innovative capabilities, major prominent players will still go on to have a strong foothold.”

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Top five jet fuel additives market vendors

Afton Chemical

Afton Chemical develops, manufactures, and sells petroleum additives. It provides engine oils, performance and refinery fuels, and industrial and metalworking additives. Also, it offers industrial additives such as lubricating grease, compressor oils, anti-wear lubricants, slideway lubricants, turbine lubricants, and industrial gear oils. It also offers driveline products such as automatic transmission fluid s, automotive gear oils, power steering fluid additives, and off-road additives.


BASF provides crop protection products, chemicals, plastics, performance products, and oil and gas. The company serves many diversified industries such as paper, furniture, automotive, and others and has customers in 80 countries.

The company provides different types of fuel additives for civil, military, and other applications. It mainly offers Kerojet Aquarius, Kerojet 100 Thermal Stability Additive, and Kerofluid MIL-AL-41. The Kerojet 100 Thermal Stability Additive and Kerofluid MIL-AL-41 are commonly used for military applications.


GENERAL ELECTRIC offers additives under the GE Power & Water business unit. It functions through eight segments, which include power, aviation, healthcare, energy connections and lighting, oil and gas, capital, renewable energy, and transportation. It also offers gas and steam power systems and maintenance solutions. It provides wastewater treatment, water treatment, and process system solutions for nuclear reactors, and support services.


Innospec develops, manufactures, and markets fuel additives, personal care products, oilfield chemicals, and other specialty chemicals. It provides its products and services to industries such as oil and gas, fuel, agrochemical, personal care, home care, and chemical. It mainly operates through four segments, which include performance chemicals, fuel specialties, oilfield services, and octane additives.


Shell operates globally as an independent oil and gas company. It mainly functions through three business segments, which include integrated gas, upstream, and downstream. It is involved in the exploration and extraction of crude oil, natural gas, and natural gas liquids. It offers various refined crude oil products such as diesel, gasoline, marine fuel, heating oil, aviation fuel, and liquefied natural gas.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770

Source: Business Wire (July 14, 2017 - 6:43 PM EDT)

News by QuoteMedia

Legal Notice