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Market size for gasoline, oil additives by product segment, current market situation and trends unfold a host of opportunities and attract new entrants into the market, which builds up competition for the existing players. Important product segments include Lead compound based anti-knock preparations, other anti-knock preparations, lubricating oil additives with petroleum and bitumen oils, other lubricating oil additives, other gasoline and oil additives.

According to gas and oil industry analysis, the present economic conditions in Africa and East Europe are deemed to be unfavorable. New government proposals in addition to legislation and the state of the global economy are the key concerns among global oil and gas industry executives. Optimism towards industry and company growth has reduced due to factors such as continuation of the Euro-zone crisis, rising exploration costs, new competition, and lack of political stability or social unrest in areas of operation.