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Analysis of COVID-19 Crisis-driven Growth Opportunities in Fuel Pills Market 

 

Fuel Pills: Product Overview

  • Fuel pill represent the solid form of liquid fuel additive that is widely used in gasoline and diesel fuels to extend the life of the engine and improve fuel efficiency
  • Fuel pill is a faster method among the substitute liquid fuel additives to augment the properties of fuel. Liquid fuel additive bottles tend to consume too much space. They are prone to leakages, and also stain the elements that come in contact with them. Rise in popularity of fuel pills among wholesalers & distributors and increase in awareness of fuel pills among car/vehicle owners are factors driving the global fuel pills market.
  • Rise in adoption rate of electric vehicles among consumers is anticipated to hamper the fuel pills market

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Fuel Pills to Create Traction in Automobile Industry

  • In terms of type, the fuel pills market can be segmented into nitro methane, acetone, picrate, neutral advanced biological hydrogen, biological enzyme, lubricant, catalyst, sanitizer, activators, and others. The catalyst segment is estimated to hold major share of the global fuel pills market in the near future.
  • Fuel pills are known to augment fuel economy by eliminating carbon deposits from internal engine components in automobiles. Fuel pills regulate fuel consumption by removing carbon deposits that lead to incomplete fuel combustion in the vehicle engine. Therefore, they are highly preferred by car owners.
  • Fuel pills are gaining popularity among fuel additives in the additives aftermarket, as they assist in significantly reducing the CO, NOx, SOx, HC, and particulate emissions. This is estimated to propel the fuel pills market during the forecast period.
  • Fuel treated with fuel pills tends to produce smaller and less abrasive particles during the combustion process. This results in cleaner and longer lasting engine oil. Fuel pills extends engine oil life by reducing engine wear and lessening maintenance time. Therefore, it is widely recommended by auto-engine makers through several marketing channels.

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High Demand for Green Technologies to Boost Fuel Pills Market

  • Based on application, the fuel pills market can be segregated into cars, light commercial vehicles, all-terrain vehicles (ATV), motorcycles, boats, recreational vehicles, lawnmowers, aerospace, and others. The cars segment accounts for significant share of the global fuel pills market.
  • Increase in adoption of green technologies in manufacture of fuel pills is anticipated to boost the global fuel pills market
  • Green technologies are used to manufacture fuel pills. These green fuel pills reduce the amount of harmful greenhouse gasses produced as a by-product due to incomplete burning of fossil fuels in the combustion chamber of the vehicle.
  • Green fuel pills assist in reducing CO2 output by enabling the cleaner burning and combustion of fossil fuel. Green fuel pills are widely used in automobiles to lower CO (carbon monoxide), Sox (sulfur oxide), NOx (nitrogen oxide), HC (hydrocarbon), and PM-10 (particulate matter) emissions that degrade air quality and promote global warming.

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Key Players in Fuel Pills Market

Eminent players operating in the global fuel pills market focus on distributing their products through strong distribution channels in order to increase their market share. Major players operating in the fuel pills market include:

  • Haris Sensor Technologies Pvt. Ltd.,
  • Combustion Technologies USA,
  • ENVIRO-TAB NZ LTD.
  • Boost Performance Products
  • FLEX-O CANADA INT'L Inc.
  • Conseal International, Inc.
  • S. Lubricants
  • Ferox Fuel Tabs Mexico S de RL de CV
  • AXI International
  • Green Fuel Technologies
  • Greenfoot Global LLC
  • Chemplex Automotive Group, Inc.
  • GFB Enterprises, LLC.

Global Fuel Pills Market: Research Scope 

Global Fuel Pills Market, by Type

  • Nitromethane
  • Acetone
  • Picrate
  • Neutral Advanced Biological Hydrogen
  • Biological Enzyme
  • Lubricant
  • Catalyst
  • Sanitizer
  • Activators
  • Others

Global Fuel Pills Market, by Application

  • Cars
  • Light Commercial Vehicles
  • All-Terrain Vehicles (ATV)
  • Motorcycles
  • Boats
  • Recreational Vehicles
  • Lawnmowers
  • Aerospace
  • Others

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