info@strategicmarketresearch.com
26, Broadway, Suite 934, New York , 10004
us US: +1-315-636-4233    uk UK: +44-162-237-0614     in IN: +91-826-083-6500
smrlogonew
  • Home
  • About
    • Why SMR
    • Research Methodology
    • Media Coverage
    • Join Our Team
  • Reports
    • Aerospace and Defense
    • Agriculture
    • Automotive
    • Chemicals and Materials
    • Consumer Goods
    • Energy and Power
    • Equipment and Machinery
    • Food and Beverages
    • Healthcare
    • Information and Communication Technology
    • Semiconductor and Electronics
    • Manufacturing and Construction
  • Our Practices
    • Syndicated Research
    • Consulting Services
    • Custom Research
    • Full-time Engagement Model
  • Insights
    • Press Release
    • Blog
  • Contact
Home » Chemicals and Materials » Antiknock Agent Market Size Report 2030

Antiknock Agent Market By Product Type (Tetraethyllead (TEL), Ethanol, Methyl Tert-Butyl Ether (MTBE), Ethyl Tert-Butyl Ether (ETBE), Others (Ferrocene, Iron Pentacarbonyl)); By Application (Automotive Fuels, Aviation Gasoline (Avgas), Industrial Applications); By End User (Automotive Industry, Aviation Industry, Petrochemical Industry); By Geography, Segment revenue estimation, Forecast, 2024–2032.

Published On: DEC-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 03963787

The antiknock agent market was 3.5 billion US$ in 2023 and is anticipated to reach nearly 5.4 billion US$ by 2030, with a 6.2% CAGR from 2024-2030. The growth is embodied in the rising need to consume high-quality fuel, the rising environmental standards, and the expanding automotive and aviation industries.

 

Knock resistance is chemical additives mixed into fuel, particularly gasoline, to improve its octane rating and prevent the unpleasant tendency of engine knocking. Some of the common AKIs include TEL, ethanol, and MTBEs. They are crucial in refining fuel and attaining emissions requirements in the automotive, aviation, and marine sectors.

 

Market Drivers

Growing Automotive Industry and Rising Vehicle Production: The growing production of motors in different parts of the world has created a market for efficient fuels with antiknock agents that enhance engine performance and decrease emissions. According to our study, the overall automobile production around the globe was recorded to be more than 90 million in the calendar year 2023, with a growing demand for gasoline with higher octane ratings. Example: As the Indian automotive market is exposed to new demands for fuel efficiency and emission standards in 2022, the demand for antiknock additives has increased greatly.

 

Rising Adoption of Ethanol as a Bio-Based Antiknock Agent: Ethanol has become a preferred bio-based antiknock agent given its source, high octane number, and blending capabilities with current fuel distribution systems. Many governments globally encourage ethanol addition to fuel or fuel consumption in general to lower greenhouse gas emissions. The American government fixed a blending mandate for ethanol at 15% (E15) in gasoline, which would need many antiknock agents from ethanol. Example: The market for gasoline with 27% ethanol is highly dependent on ethanol used for its antiknock purpose in Brazil.

 

Stringent Emission Regulations and Environmental Concerns: Governments have increased the demand for decreased emission levels and higher-quality blends. Antiknock agents enhance combustion efficiency while reducing emissions. Example: In 2023, new Euro 7 emission standards applicable in the European Union came into force against the actual stimulation of sales of high-quality, environmentally safe, high-octane fuels containing antiknock agents.

 

Expansion of the Aviation Industry: Aviation gasoline needs a high octane number to operate piston engine aircraft that call for antiknock, such as tetraethyllead substitutes. Example: According to the General Aviation Manufacturers Association (GAMA), there was a 5% average increase in avgas consumption in 2022, including demand for TEL substitutes.

 

Market Opportunities

Development of Lead-Free Antiknock Agents: The global phase-out of leaded gasoline has, therefore, fostered the development and search for better and more environmentally friendly antiknock agents, including ethanol, methyl tertiary butyl ether (MTBE), and ethyl tertiary butyl ether (ETBE). For instance, in 2023, one of the leading chemical industries launched a lead-free gasoline antiknock agent to decrease lead discharge by 80%.

 

Growing Demand in Emerging Economies: Industrialization and urbanization in emerging markets in APAC and LA have boosted the use of high-octane fuels, resulting in a market for antiknock agents. In terms of demand for fuel additives, the Asia-Pacific region was the largest consumer of gasoline in 2023.

 

Market Restraints

Health and Environmental Concerns Related to Traditional Agents: Organometallic compounds such as tetraethyl lead (TEL) are highly toxic to human health and the environment and have undergone a gradual ban in many nations.

 

High Costs of Advanced Antiknock Agents: Ethanol and MTBE, in particular, cost more than traditional gasoline blends, which is a problem in the price-competitive fuels market.

 

Competition from Electric Vehicles (EVs): The increased use of EVs displaces gasoline and therefore offers a market reduction of antiknock agents.

 

Market Segmentation

By Product Type:

  • Tetraethyllead (TEL)

  • Ethanol

  • Methyl Tert-Butyl Ether (MTBE)

  • Ethyl Tert-Butyl Ether (ETBE)

  • Others (Ferrocene, Iron Pentacarbonyl)

 

By Application:

  • Automotive Fuels

  • Aviation Gasoline (Avgas)

  • Industrial Applications

 

By End User:

  • Automotive Industry

  • Aviation Industry

  • Petrochemical Industry

 

By Region:

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa

 

Segment Analysis

Leading Product Segment: Ethanol

Ethanol remains the market leader in 2023, contributing 40% of the total revenue, as it is bio-based, has a high octane rating, and meets existing fuel infrastructure. For a long time, the United States set a record in blending 15% ethanol in gasoline, which in turn contributed to lowering greenhouse gas emissions and also increased the demand for ethanol-based antiknock agents in 2023.

 

Leading Application Segment: Automotive Fuels

Automotive is the largest application segment and is estimated to account for a 65% proportion of overall market revenue in 2023 due to the high consumption of gasoline and the growing use of high-performance automobiles. Example: In terms of gasoline, the automotive industry in China consumed more than 10% more in 2023, with a focus on the use of antiknock agents to improve the quality of gasoline.

 

Regional Analysis

The Asia-Pacific is the biggest and quickest-growing region, accounting for 50% of global sales in 2023 due to industrialization, urbanization, and the growth of the automotive market. According to our projections for 2023, the shares of India and China constituted 35% of global automotive fuel demand, indicating its strategic orientation.

 

The North American region contributes a large portion of the market due to countries like the USA utilizing large amounts of gasoline p, the use of ethanol-gasoline blend and developments in technologies increasing octane levels. The U.S. tops the region in the encouragement of the government in the use of ethanol. Example: The RFS program of the United States implemented in 2023 required a higher ethanol blend, thereby increasing the use of bio-based antiknock agents.

 

Europe contributes 25% of the total revenue and has a higher adoption of alternative antiknock agents than ethanol due to strict standard regulatory limits. Germany, France, and the UK are primary markets for lead-free additives due to increased environmental concerns. Example: In 2022, Germany made policies for replacing conventional Antiknocks with ethanol and MTBE.

 

Key Players

  • Afton Chemical Corporation

  • BASF SE

  • Chevron Oronite Company LLC

  • Dorf Ketal Chemicals

  • ExxonMobil Corporation

  • Fuel Performance Solutions, Inc.

  • Innospec Inc.

  • LyondellBasell Industries N.V.

  • Shell Chemicals

  • TotalEnergies SE

 

Antiknock Agent Market Report Coverage

Report Attribute

Details

Forecast Period

2023 – 2030

Market Size Value in 2023

USD 3.5 Billion

Revenue Forecast in 2030

USD 5.4 Billion

Overall Growth Rate

CAGR of 6.2% (2023 – 2030)

Base Year for Estimation

2023

Historical Data

2017 – 2021

Unit

USD Million, CAGR (2023 – 2030)

Segmentation

By Product Type, By Application, By End User, By Geography

By Product Type

Tetraethyllead (TEL), Ethanol, Methyl Tert-Butyl Ether (MTBE), Ethyl Tert-Butyl Ether (ETBE), Others (Ferrocene, Iron Pentacarbonyl)

By Application

Automotive Fuels, Aviation Gasoline (Avgas), Industrial Applications

By End User

Automotive Industry, Aviation Industry, Petrochemical Industry

By Region

North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

Country Scope

US, Canada, Germany, China, India, etc.

Market Drivers

Rising demand for high-performance fuels, stringent emission regulations, advancements in fuel additives

Pricing and Purchase Options

Customized options available

 

Future Outlook

The antiknock agent market is expected to grow steadily due to trend shifts in bio-based and lead-free additives, improving ethanol blending, and growing demands for high-performance automobile and aircraft engines. However, this emerging market will be mainly driven by growth in the Asia-Pacific and Latin America regions due to their high rate of urbanization and industrialization.

 

A shift of emphasis on sustainable, environment-friendly, and high-performance manufacturing requirements is anticipated to be a competitive advantage. Antiknock agents will continue to be centrally important in the framework of the projected further changes in the structure of world fuel markets up to 2030 and the demand for enhanced environmental safety and energy conservation.

Frequently Asked Question About This Report

Major players include Afton Chemical Corporation, BASF SE, Chevron Oronite Company LLC, Dorf Ketal Chemicals, ExxonMobil Corporation, and others.

The Asia-Pacific region held the largest market share due to industrialization and the growth of the automotive market.

The automotive fuels segment accounted for the largest share, driven by the high consumption of gasoline and the demand for high-octane fuels.

The market was valued at USD 3.5 billion in 2023 and is expected to reach USD 5.4 billion by 2030, growing at a CAGR of 6.2%.

Key factors include the growing demand for high-quality fuels, rising environmental standards, and the expanding automotive and aviation industries.

.

Table of Contents

EXECUTIVE SUMMARY
•    Overview of the Antiknock Agent Market
•    Key Trends and Opportunities
•    Market Attractiveness by Product Type, Application, End User, and Region
•    CXO Perspective
MARKET INTRODUCTION
•    Definition and Scope of the Antiknock Agent Market
•    Market Structure Overview
•    Key Findings and Insights
•    Macro Factor Indicator Analysis
RESEARCH METHODOLOGY
•    Research Process Overview
•    Primary Research
•    Secondary Research
•    Market Size Estimation and Forecast Model
•    Data Triangulation and Validation
MARKET DYNAMICS
•    Introduction
•    Market Drivers
•    Market Restraints
•    Opportunities and Challenges
•    Regulatory and Environmental Impact Analysis
•    Impact of COVID-19 on the Antiknock Agent Market
GLOBAL ANTIKNOCK AGENT MARKET ANALYSIS
•    Overview
•    Global Market Historical Size and Volume (2022–2032)
•    Global Market Size, Volume, and Forecast (2024–2032)
•    By Product Type
o    Tetraethyllead (TEL)
o    Ethanol
o    Methyl Tert-Butyl Ether (MTBE)
o    Ethyl Tert-Butyl Ether (ETBE)
o    Others (Ferrocene, Iron Pentacarbonyl)
•    By Application
o    Automotive Fuels
o    Aviation Gasoline (Avgas)
o    Industrial Applications
•    By End User
o    Automotive Industry
o    Aviation Industry
o    Petrochemical Industry
•    By Region
o    North America
o    Europe
o    Asia-Pacific
o    Latin America
o    Middle East & Africa
NORTH AMERICA ANTIKNOCK AGENT MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Product Type
•    By Application
•    By End User
•    By Country
o    U.S.
o    Canada
o    Mexico
EUROPE ANTIKNOCK AGENT MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Product Type
•    By Application
•    By End User
•    By Country
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
ASIA-PACIFIC ANTIKNOCK AGENT MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Product Type
•    By Application
•    By End User
•    By Country
o    China
o    Japan
o    India
o    South Korea
o    Australia
o    Rest of Asia-Pacific
LATIN AMERICA ANTIKNOCK AGENT MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Product Type
•    By Application
•    By End User
•    By Country
o    Brazil
o    Argentina
o    Rest of Latin America
MIDDLE EAST & AFRICA ANTIKNOCK AGENT MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Product Type
•    By Application
•    By End User
•    By Country
o    UAE
o    Saudi Arabia
o    South Africa
o    Rest of Middle East & Africa
COMPETITIVE LANDSCAPE
•    Market Share Analysis by Key Players
•    Competitive Strategies and Developments
COMPANY PROFILES
•    Afton Chemical Corporation
o    Company Overview
o    Product Portfolio
o    Key Strategies and Developments
•    BASF SE
•    Chevron Oronite Company LLC
•    Dorf Ketal Chemicals
•    ExxonMobil Corporation
•    Fuel Performance Solutions, Inc.
•    Innospec Inc.
•    LyondellBasell Industries N.V.
•    Shell Chemicals
•    TotalEnergies SE
LIST OF TABLES AND FIGURES
•    Table: Antiknock Agent Market Size by Product Type, 2024–2032 (USD Million)
•    Table: Antiknock Agent Market Size by Application, 2024–2032 (USD Million)
•    Table: Antiknock Agent Market Size by End User, 2024–2032 (USD Million)
•    Table: Antiknock Agent Market Size by Region, 2024–2032 (USD Million)
•    Figure: Regional Demand Trends
•    Figure: Competitive Landscape Analysis

Choose License Type


$4485
$6449
$8339
Buy Now
"Click to avail the latest sample copy of the report"
Request Sample
"Probe before placing the order"
Pre-Order Enquiry
"Let's optimize your ROI by furnishing the best price"
Request Discount
"Want to curate the report according to your business needs:"
Ask for Customization
Related Reports
Buy Now
Request Sample

Trust Online

  • paypal.png
  • wiretransfers

Follow Us

  • facebook
  • twitter
  • instagram
  • linkedin

Contact Us

  • US: +1-315-636-4233
  • UK: +44-162-237-0614
  • IN: +91-826-083-6500
  • info@strategicmarketresearch.com
  • Strategic Market Research
    26, Broadway Suite 934, New York , 10004

Quick Link

  • Why SMR
  • Research Methodology
  • Media Coverage
  • Join Our Team
  • Press Release
  • Blog

Customer Support

  • FAQs
  • Contact
  • Terms of Use
  • Privacy Policy
  • Disclaimer Policy
  • Return Policy
Copyright © 2022 Strategic Market Research All rights reserved.