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Overview. The Iso- Octane Market size is forecast to reach USD 9.56 Billion by 2030, after growing at a CAGR of 8.74% during the forecast period 2024-2030. The Iso-Octane Market is driven by multiple factors. First, there is a growing market for automobiles with great performance and low fuel use.
Iso-Octane Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Application (Gasoline, Paints, Adhesives, Solvents, Others), By Industry Vertical (Automotive, Aerospace, Pharmaceuticals, Chemicals, Others), And By Geography - Forecasts From 2023 To 2028. Published : Jan 2023.
Premium fuel is a higher octane fuel in the range of 91-94 octane. This compares to regular grade gasoline which is 87 octane. Higher octane fuel aims to provide greater fuel-burning stability to protect engines from the damage caused by engine knock –also known as abnormal combustion.
The Iso-Octane Market size is forecast to reach $8.47 Billion by 2027, after growing at a CAGR of 7.86% during 2022-2027. The increased use of isooctane as an anti-crashing additive in petrol is the driving force behind the growth of the world market in isooctane.
It should be duly noted that Market Participants have directed the NYISO to administer the Schedule 1 rates for both tariffs to provide for a fixed monthly rate of $1.128 per megawatt-hour for 2022; however, each tariff provides for monthly variances to address seasonal volume variations.
Nov 10, 2022 · Iso-Octane Market size is observed to grow at a CAGR of 7.8% during the forecast period 2022-2027 and will reach an estimated revenue of US$9.8 billion by 2027.
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Post pandemic transformations in social, economic, trade, and political conditions with expected reforms in environmental regulations will shape the future of the Iso-Octane Market industry from 2021 to 2025.
