Cetane Number Improver (2-EHN) Market Analysis.pdf

To Enquire About
the Report Click
Here
KEY INSIGHTS
As per U.S. Energy Information Administration, High duty vehicles consume 92%
of total diesel fuel market in 2013 but as per current oil prices down fall they
forecasted that the demand will reduce by 87% in 2040.
Royal Purple’s Max-Tane introduced a max clean fuel system treatment, a cetane
booster which is used to combat problems associated with any type or grade of diesel
fuel.
According to Petro Industry news association, derived cetane number analysis is
performed by the refineries in order to obtain highly efficient diesel fuel with exact
specifications and thereby increase profitability.
Levulinic acid derivatives can be used to produce fuel additives such as cetane
improvers as well as gasoline components. It was recognized as top bio-based chemical
by US department of Energy.
BASF and Petronas Chemicals Group (PCG) are planning to setup new plant which
produces highly reactive polyisobutene (HR-PIB) in Kuantan, Malaysia. HR-PIB is an
essential product for manufacturing of high performance fuel and lubricants additives.
In 2014, Innospec Fuel Specialties LLC and Athlon Solution LLC jointly
announced a strategic alliance for better global network to enhance the solutions
for meeting finished fuel specifications.
Chevron Oronite set up a new refinery plant in Jurong Island, Singapore; to meet the
growing demand in emerging market like China and India. This development
increases the demand for cetane improvers as majority of it is used in the oil refinery.
Acquisition between Spanish company Maxam Corp Holding S.L. by US based Advent
International Corporation gave rise to a vertical relationship between Advent's
production of the oxo-alcohol 2-ethylhexanol (2-EH) and Maxam's downstream
production of 2-ethylhexyl nitrate (2-EHN), a cetane number improver for diesel fuel