Enactment of stringent governmental regulation to reduce greenhouse gas and carbon emission is likely to propel the global heating oil additives market. Europe and North America are the leading regions to impose these stringent regulation. This trend is expected to continue in others region, thereby driving the demand for heating oil additives in the near future. Heating oil additives provide advantages such as fuel stabilization, reduced sludge and contaminants, lower soot deposits, and unpleasant odor.
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