Cetane number improver (2 ehn) market analysis

Page 1

CETANE NUMBER IMPROVER (2-EHN) MARKET ANALYSIS (2015 - 2020)

By Diesel Type (Petroleum Diesel and Biodiesel); By Market Type (Direct Market and After Market) and By Region – With Forecast (2015 - 2020)

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TABLE OF CONTENTS 1. Cetane Number Improver– Market Overview 2. Executive Summary 3. Cetane Number Improver– Market Landscape 3.1. Market Share Analysis 3.2. Comparative Analysis 3.2.1. Product Benchmarking 3.2.2. Top 5 Financials Analysis 4. Cetane Number Improver– Market Forces 4.1. Market Drivers 4.1.1. Stringent Emission Control Regulations Driving The Cetane Number Improver Market 4.1.2. Global Diesel Demand Increasing As Number Of Passenger Fleet Is Projected To Amplify From 2012-2035. 4.2. Market Constraints 4.2.1. Advanced Refining Technology used in manufacturing diesel fuel 4.3. Market Challenges 4.3.1. Non bio-degradable 2-EHN is hazardous to the environment 4.4. Attractiveness of the Cetane Number Improver Industry 4.4.1. Power of Suppliers 4.4.2. Power of Customers 4.4.3. Threat of New entrants 4.4.4. Threat of Substitution 4.4.5. Degree of Competition 5. Cetane Number Improver Market – Strategic Analysis 5.1. Value Chain Analysis 5.2. Pricing Analysis 5.3. Opportunities Analysis 5.4. Product/Market Life Cycle Analysis


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5.5. Suppliers and Distributors 6. Cetane Number Improver Market – By Diesel Type 6.1. Petroleum diesel 6.2. Biodiesel 7. Cetane Number Improver Market – By Market Type 7.1. Oil Refinery Market 7.2. After-Market 7.2.1. Automotive 7.2.2. Agriculture 7.2.3. Power Generators 7.2.4. Marine 7.2.5. Others 8. Cetane Number Improver Market—By Region 8.1. Introduction 8.2. North America 8.2.1. U.S. 8.2.2. Canada 8.2.3. Others 8.3. Europe 8.3.1. Germany 8.3.2. Italy 8.3.3. France 8.3.4. Others 8.4. APAC 8.4.1. China 8.4.2. India 8.4.3. Japan 8.4.4. Others 8.5. ROW


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8.5.1. Saudi- Arabia 8.5.2. South-Africa 8.5.3. Iran 8.5.4. Others 9. Company Profiles 9.1. Innospec Inc. 9.2. Very One (Eurenco Inc.) 9.3. NITROERG S.A. 9.4. EPC-UK plc. 9.5. CetPro Ltd. 9.6. The Lubrizol Corporation 9.7. BASF SE 9.8. Cestoil Chemicals Inc. 9.9. Afton Chemical Corporation 9.10. Baker Hughes Incorporated 9.11. Southwestern Petroleum Corporation 9.12. Chevron Oronite Company,LLC 9.13. Dorf-Ketal Chemicals India Private Limited 9.14. Chemiphase Limited 10. Appendix 10.1. Abbreviations 10.2. Sources 10.3. Research Methodology 10.4. Compilation of Expert Insights 10.5. Disclaimer


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LIST OF TABLES Table 1

Global Cetane Number Improver Volume, By Region, 2014-2020 (KT)

Table 2

Global Cetane Number Improver Revenue, By Region, 2014-2020 ($Million)

Table 3

Cetane Number Improvers After-Market Product Benchmarking, By Type

Table 4

Cetane Number Improvers Market Players Financials Analysis, ($Billion)

Table 5

Regulation Analysis, By Country

Table 6

European Cetane Number Regulatory Standards

Table 7

High-Quality Diesel Refining Technologies

Table 8

List Of Forthcoming Refinery Projects, By Region

Table 9

Suppliers And Distributors, By Region

Table 10

Global Cetane Number Improver Volume, By Diesel Type, 2014-2020 (KT)

Table 11

Global Cetane Number Improver Revenue, By Diesel Type, 2014-2020 ($Million)

Table 12

Benchmark Of Crude Oils -By Region

Table 13

Cetane Number Standards- By Region

Table 14

Global Cetane Number Improver Volume, By Direct Market, 2014-2020 (KT)

Table 15

Global Cetane Number Improver Revenue, By Direct Market, 2014-2020 ($Million)

Table 16

Global Cetane Number Improver Volume In Oil Refinery, By Region 2014-2020 (KT)

Table 17

Global Cetane Number Improver Revenue In Oil Refinery, By Region 2014-2020 ($Million)

Table 18

Global Cetane Number Improver Volume, By After-Market, 2014-2020 (KT)

Table 19

Global Cetane Number Improver Revenue, By After-Market, 2014-2020 ($Million)

Table 20

Automobile Vehicle Units Production By Regions, 2014

Table 21

Description Of Vehicles Weight Classes

Table 22

Cetane Number Specification- By Automotive Industry

Table 23

Global Cetane Number Improver Volume In Automotive (Petroleum-Diesel), By Region 2014-2020 (KT)

Table 24

Global Cetane Number Improver Revenue In Automotive (Petroleum-Diesel), By Region 2014-2020 ($Million)

Table 25

Global Cetane Number Improver Volume In Automotive (Bio Diesel), By Region 2014-2020 (KT)


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Table 26

Global Cetane Number Improver Revenue In Automotive (Bio Diesel), By Region 2014-2020 ($Million)

Table 27

Global Cetane Number Improver Volume In Agriculture (Petroleum Diesel), By Region 2014-2020 (KT)

Table 28

Global Cetane Number Improver Revenue In Agriculture (Petroleum Diesel), By Region 2014-2020 ($Million)

Table 29

Global Cetane Number Improver Volume In Agriculture (Bio Diesel), By Region 2014-2020 (KT)

Table 30

Global Cetane Number Improver Revenue In Agriculture (Bio Diesel), By Region 2014-2020 ($Million)

Table 31

International Cetane Number Specification- By Marine Industry

Table 32

Global Cetane Number Improver Volume In Marine (Petroleum Diesel), By Region 2014-2020 (KT)

Table 33

Global Cetane Number Improver Revenue In Marine(Petroleum Diesel), By Region 2014-2020 ($Million)

Table 34

Global Cetane Number Improver Volume In Marine (Bio Diesel), By Region 20142020 (KT)

Table 35

Global Cetane Number Improver Revenue In Marine (Bio Diesel), By Region 20142020 ($Million)

Table 36

Global Cetane Number Improver Volume In Power Generators (Petroleum Diesel), By Region 2014-2020 (KT)

Table 37

Global Cetane Number Improver Revenue In Power Generators (Petroleum Diesel), By Region 2014-2020 ($Million)

Table 38

Global Cetane Number Improver Volume In Others (Petroleum Diesel), By Region 2014-2020 (KT)

Table 39

Global Cetane Number Improver Revenue In Others (Petroleum Diesel), By Region 2014-2020 ($Million)

Table 40

Global Cetane Number Improver Volume, By Region, 2014-2020 (KT)

Table 41

Global Cetane Number Improver Revenue, By Region, 2014-2020 ($Million)

Table 42

North-America Cetane Number Improver Volume, By Direct Market, 2014-2020 (KT)

Table 43

North-America Cetane Number Improver Revenue, By Direct Market 2014-2020 ($Million)


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Table 44

North-America Cetane Number Improver Volume, By After-Market, 2014-2020 (KT)

Table 45

North-America Cetane Number Improver Revenue, By After-Market 2014-2020 ($Million)

Table 46

North-America Cetane Number Improver Market Volume, By Country, 2014-2020 (KT)

Table 47

North-America Cetane Number Improver Market Revenue, By Country, 2014-2020 ($Million)

Table 48

Europe Bio diesel Production Capacity, By Country, 2014

Table 49

Europe Cetane Number Improver Volume, By Direct Market, 2014-2020 (KT)

Table 50

Europe Cetane Number Improver Revenue, By Direct Market 2014-2020 ($Million)

Table 51

Europe Cetane Number Improver Volume, By After-Market, 2014-2020 (KT)

Table 52

Europe Cetane Number Improver Revenue, By After-Market 2014-2020 ($Million)

Table 53

Europe Cetane Number Improver Market Volume, By Country, 2014-2020 (KT)

Table 54

Europe Cetane Number Improver Market Revenue, By Country, 2014-2020 ($Million)

Table 55

APAC Cetane Number Improver Volume, By Direct Market, 2014-2020 (KT)

Table 56

APAC Cetane Number Improver Revenue, By Direct Market 2014-2020 ($Million)

Table 57

APAC Cetane Number Improver Volume, By After-Market, 2014-2020 (KT)

Table 58

APAC Cetane Number Improver Revenue, By After-Market 2014-2020 ($Million)

Table 59

APAC Cetane Number Improver Market Volume, By Country, 2014-2020 (KT)

Table 60

APAC Cetane Number Improver Market Revenue, By Country, 2014-2020 ($Million)

Table 61

Brazil Bio Diesel Production And Consumption (Million Liters), 2011-2014

Table 62

RoW Cetane Number Improver Volume, By Direct Market, 2014-2020 (KT)

Table 63

RoW Cetane Number Improver Revenue, By Direct Market 2014-2020 ($Million)

Table 64

RoW Cetane Number Improver Volume, By After-Market, 2014-2020 (KT)

Table 65

RoW Cetane Number Improver Revenue, By After-Market 2014-2020 ($Million)

Table 66

RoW Cetane Number Improver Market Volume, By Country, 2014-2020 (KT)

Table 67

RoW Cetane Number Improver Market Revenue, By Country, 2014-2020 ($Million)

Table 68

Innospec Inc. - First Quarterly Revenue, 2013 - 2015 ($Million)

Table 69

Innospec Inc. - Total Revenue, 2014 – 2013 ($Million)

Table 70

Innospec Inc. - Total Sales, By Geography ($Million)

Table 71

Baker Hughes: Total Sales, By Geography, 2012 - 2014 ($Billion)


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LIST OF FIGURES Figure1

Global Cetane Number Improver, By Diesel Type,

Figure2

Global Cetane Number Improver, By Market Type

Figure3

Global Cetane Number Improver, By Region

Figure4

Global Cetane Number Improver Market Share, By Segmentation, 2014 (%)

Figure5

Cetane Number Improvers Market Share, By Key Players, 2014 (%)

Figure6

Global Diesel Demand Increasing As Number Of Passenger Fleet Is Projected To Amplify From 2012-2035.

Figure7

Cetane Number Improver Value Chain Analysis

Figure8

Cetane Number Improver Pricing Analysis, By Market Type, 2014-2020 ($/Ton)

Figure9

Cetane Number Improver Market Life Cycle, 2014-2020 ($Million)

Figure10 Number Of Ships In World Merchant Fleets, By Types, 2014 Figure11 U.S. Refining Capacity Increased in 2015 reaching 18 million barrels per day. Figure12 Asia-Pacific Passenger Fleet Forecast ($Million), 2015-2035 Figure13 Innospec Inc.: Total Sales, By Business Segment, 2014 (%) Figure14 BASF Group: Total Revenue, By Segments, 2013 (%)


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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


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RESEARCH METHODOLOGY The quantitative and qualitative data collected for the global Cetane Number Improver (2-EHN) report is from a combination of secondary and primary sources. Research interviews were conducted with executives and/or mangers in the key product manufacturers and related organizations. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global Cetane Number Improver (2-EHN) was split by grades of polycarbonate resins, applications and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights. We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive commercial study of the global Cetane Number Improver (2-EHN). The approach towards finding information regarding the market and forecasting has been quite extensive. The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. Interviews with key opinion leaders such as managers and marketing personnel were used extensively in understanding the need and emergence of polycarbonate resin market. We also have extensive database of contacts which were used to conduct primary interviews and also to get their inputs using questionnaires.


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THE ARC ADVANTAGE An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.

THE ARC PROCESS Analytical Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model ANALYTICAL MODEL

Base Method

1. Get a topdown estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years

4. Build the Base model BASE MODEL

Consolidation Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market. 3. Assign weights to these factors in terms of their relevance and impact on the market. 4. Build the Consolidated Model

Delphi Verification 1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model

CONSOLIDATED MODEL

ARC MODEL


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