The import of anti-knock preparations based on lead compounds to China is projected to decrease over the forecast period from 2024 to 2028. Starting with a forecasted value of 826.82 thousand US dollars in 2024, this number is expected to decline each year, reaching 762.61 thousand US dollars by 2028. The year-on-year decrease highlights a gradual reduction in reliance on these imports, with each year seeing a slight decline in expenditure.
Future trends to watch for:
- Potential shifts in automotive industry standards that may further diminish the demand for lead-based anti-knock preparations.
- Regulatory developments in environmental policies that promote alternative and environmentally friendly fuel additives.
- Technological advancements in engine design may further reduce the need for traditional anti-knock compounds.