According to a recent report published by Market Research Future, the Diesel Exhaust Fluid market size is expected to increase at a steady pace between 2022 and 2030. By the end of 2028, the business will grow at a CAGR of 8.4 per cent to reach approximately USD 30,643.9 million
Diesel Exhaust Fluid Market Overview
Diesel exhaust fluid (DEF) is a liquid used to reduce air pollution caused due to diesel engines. It is also known by the names AUS 32 and ARLA 32 and marketed as AdBlue. The DEF or AdBlue is an aqueous urea solution made with 32.5% urea and 67.5% deionized water. To meet stringent NOx emission standards beginning in 2010 for commercial truck engines and beginning in 2014 for most off-road engines, most engine makers have installed an embedded selective catalytic reduction (SCR) technology in the diesel vehicles, which requires DEF to operate.
AdBlue is filled in a separate tank in vehicles with SCR technology. DEF is injected in the selective catalytic reduction (SCR) system, where it is heated in the exhaust stream and decomposes into ammonia and CO₂. When the NOx from the engine exhaust stream reacts inside the catalyst with the ammonia, the harmful NOx molecules in the exhaust stream are converted to harmless nitrogen and water, which are then released from the vehicle’s tailpipe. Typically, a diesel engine requires about 3% DEF of the fuel.
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The report published covers all the aspects of the Diesel Exhaust Fluid industry, starting from the industry’s benchmarks, segments in which the industry operates, regional analysis and study of the competitors in the said industry domain
Competitive Landscape
The global diesel exhaust fluid (AdBlue) market is characterized by the presence of many global, regional, and local vendors. The market is highly competitive, with all the players competing to gain maximum market share. Rapid advancements in catalytic technology, frequent changes in government regulations, and growing application of AdBlue in the automotive industry, agricultural machinery, diesel-powered heavy industrial machinery, and others are the key factors increasing the demand for the product. The vendors compete based on cost, product quality, and brand name. It is crucial for the vendors to offer cost-effective and high-quality AdBlue to compete in the Asian market.
The growth of market players is dependent on market conditions, government regulations, and industry development. Thus, the players should focus on expanding the production capacity to meet the demand and enhance their services. BASF SE (Germany), Yara (Norway), Mitsui Chemicals Inc (Japan), BP p.l.c (UK), Borealis AG (Austria), Nissan Chemical Corporation (Japan), GreenChem (Netherlands), NOVAX Material & Technology Inc (China), Royal Dutch Shell PLC (Netherlands), and Adeco doo (Siberia) are the major companies operating in the market that compete in terms of quality and price. These players are primarily focusing on the development of sophisticated and advanced mixes of AdBlue. Although the international players are dominating the market, the regional and local players with small market shares also have a moderate presence.
What drives the global DIESEL EXHAUST FLUID Market?
The global Diesel Exhaust Fluid market report covers the Diesel Exhaust Fluid industry’s driving elements that are taking the market forward and making it earn huge revenues through various channels.
The growth drivers are classified according to their nature; sometimes, the rules and regulations are driving elements for the market, and sometimes things like awareness and demand drive the market.
The Diesel Exhaust Fluid report also covers the opportunities that are emerging in this market segment, which will help the professionals and newcomers in the industry grow their business globally with equal opportunities.
Diesel Exhaust Fluid Market Segmentation Table
By Application
- Automotive
- Construction Machinery
- Farm Machinery
- Electronic Generators
- Railway Engines
- Others
Regional analysis of the Global Diesel Exhaust Fluid market –
The global Diesel Exhaust Fluid market report published by Market Research Future covers a detailed analysis of key regions, which are North America, Europe, Asia-Pacific, Middle East & Africa.
The report studies the Diesel Exhaust Fluid industry in all these prominent regions and states which one is the leading market grosser amongst them and considering the DIESEL EXHAUST FLUID market, the (region) has a sheer dominance over other regions.
With all these things discussed in detail, the research report published covers almost every detail about the Diesel Exhaust Fluid industry on a global note and studies every aspect of the global DIESEL EXHAUST FLUID market in detail.
What are the market factors that are covered in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the Diesel Exhaust Fluid market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The Diesel Exhaust Fluid Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
The research includes historic data from 2017 to 2021 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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