• Contact Us
  • IND: (+91) 40-485-49062
  • USA: (+1) 614-588-8538

Fuel Petroleum Dyes and Markers Market is anticipated to hit $1.41 billion by 2023 at a CAGR of 3.22%

Published By: IndustryARC Published On : 07-Sep-2018
According to the new market research report by IndustryARC titled “Fuel/Petroleum Dyes & Markers Market: By type (alkyl dye, azo dye, florescent dye, others); By Form (liquid, powder, solvents); By application (lubricants, oil greases, diesel fuel, aviation fuel, others); By end user (construction, agriculture, mining, marine, others); By Geography - Forecast(2018-2023)”, the market is driven by the demand created by the low taxed fuels, and the fuels used for agricultural purposes in economies like the U.K. and U.S.

Browse 70 Market Tables, 16 Figures spread through 148 slides and an in-depth TOC on “Fuel/Petroleum Dyes & Markers Market (2018 - 2023)

Europe held the largest market share in the Fuel Petroleum Dyes and Markers Market:

Europe is the dominant market for dyes and markers, owing to increased logistics and adulteration threats to the refined fuel market. European Fuel Petroleum Dyes and Markers Market is anticipated to reach $398 million by 2023 at a CAGR of 2.21%. The stringent regulations levied for using solvents that emit high VOCs are driving the Fuel Petroleum Dyes and Markers Market. Red dyes find their applications across various geographies, majorly APAC and the Middle East. These products have seen high demand over the past few years, and will continue to do, especially with increased demand from the European countries. Solvent Yellow 124 is the standard dye which is used in numerous fuel applications such as heating oil, agricultural diesel as well as various rebated fuels, especially in Estonia and European Union.

Selected Market Share Analysis done in the full report:

As per IndustryARC analysts, the refineries, as far as their demand growth is concerned, varies according to the applications it caters to, namely diesel, gasoline, and jet fuel. Special-purpose markers are likely to propel key revenues in the future. With developing economies focus on aerospace programs and with the inclination in the consumer spending on automobiles, the dyes and markers market will likely be buoyed.
Despite being a mature industry, dyes and markers continue to gone through metamorphism in order to meet the ever increasing consumer demands, pricing issues, globalization, rising emphasis on sustainable products, challenges of regulations, etc. The recent plummet in oil prices could possibly force dyes and markers to plunge down, if continued. However, suppliers like Innospec Inc. and John Hogg Co. Ltd. have been successful in balancing their bottom lines from specialty marker solutions.

To access / purchase the full report browse the link below

Excerpts on Market Growth Factors:

The fuel/petroleum dyes and markers market is set to witness increased adoption as fuel leakages and growing environmental concerns will require suppliers to include such markers.
Diesel is the largest application area for fuel/petroleum dyes and markers, and is estimated to reach $526.88 million in terms of revenue, and 8438.72 kilo tons in terms of volume by 2021, growing at a CAGR of 3.93% and 5.48% respectively.
The alkyl dyes market, which contributes major revenues shares to the fuel dyes and markers industry, is estimated to reach $509.87 million till 2021 growing at a CAGR of 2.37%.
Azo Dyes Market is anticipated to reach $386.59 million by 2021 at a CAGR of 3.74%.
The market for red dye is anticipated to hit $393.87 million by 2021 at a CAGR of 4.44%.

Talk to one of our sales representative about the full report by providing your details in the below link:

Key players of Fuel Petroleum Dyes and Markers Market:

Innospec Inc. is the pioneer supplier in the fuel/petroleum dyes and markers market, contributing to a fair good share of the overall revenue. Its plethora of services, continual product launches and innovation have been successful in catering to a wide range customers, consequently maintaining their hold over the market.
John Hogg & Co. Ltd. has been successful in addressing to logistics and refinery needs, and their strong foothold in bestowing an array of customized solutions is the primary reason as to why they are amongst the leading suppliers. 

Browse Related Reports:

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager 
Contact Sales: 1-614-588-8538 (Ext-101)
Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

Request for Sample

News letter

Type your email address below and recive our daily news letter for free

Need Assistance?

If you have any doubts please contact.

Call Us

(U.S. - Canada toll free)
+1-614-588-8538

Write Us

(Please send a mail)
sales@industryarc.com