Diesel Exhaust Fluid Market Analysis 2022, Global Share, Demands, Size, and Outlook 2030 | BASF, Mitsui Chemicals, Viscol, Engen Petroleum, Borealis, Nissan

Research Reports

May 26, 2022

The Diesel Exhaust Fluid market is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.

Diesel Exhaust Fluid Market Overview

Global Diesel Exhaust Fluid (AdBlue) Market is projected to witness healthy growth during the forecast period, 2019–2028. The market was valued at USD 13,676.7 Million in 2018 and is expected to register a CAGR of 8.4% to reach USD 30,643.9 Million by the end of 2028. The increasing demand for diesel exhaust fluid (AdBlue) is owed to the increase in regulations by the government agencies and environmental concerns towards the emission of greenhouse gases (GHGs). Greenhouse gases (GHGs) trapped in the atmosphere cause gradual heating and affect the ozone layer, which protects the planet from harmful rays emitted by the sun. The major GHGs are carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), and fluorinated gases (hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride, and nitrogen trifluoride). The burning of fossil fuels such as coal, natural gas, and oil, particularly from the transportation sector, results in the emission of CO2. According to the World Health Organization, around 4.2 million premature deaths globally are reported due to outdoor air pollution—black carbon (BC) being the major contributor. According to the US Environmental Protection Agency (EPA), in 2017, greenhouse gases (GHGs) released by the transportation sector were 29% of the global emissions.

Diesel Exhaust Fluid market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.

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Globally Major key Players accelerates the Diesel Exhaust Fluid Market are, BASF SE (Germany), Yara (Norway), Mitsui Chemicals Inc (Japan), BP p.l.c (UK), Viscol.co.za (Republic of South Africa), Engen Petroleum Ltd (South Africa), Borealis AG (Austria), Nissan Chemical Corporation (Japan), GreenChem (Netherlands), NOVAX Material & Technology Inc (China), Royal Dutch Shell PLC (The Netherlands), and Adeco doo (Siberia)

Most important Segments of Diesel Exhaust Fluid market covered in this report are,

According to MRFR analysis, the global Diesel exhaust fluid (AdBlue) market has been segmented based on technology and region.

AdBlue is primarily associated with the SCR technology, thus by technology, MRFR has separately provided the market estimates and forecast for Diesel Exhaust Fluid (DEF/AdBlue/SCR Technology) and other Emission Control Technology. The other emission control technology is further segmented Lean NOx Trap (LNT), Exhaust Gas Recirculation (EGR), Diesel Oxidation Catalyst, and Others [Diesel Particulate Filter (DPF), Diesel Oxidation Catalyst (DOC), and Lean NOx Catalyst (LNC)]. Selective catalytic reduction (SCR) is an advanced active emissions control technology for diesel engines, which uses diesel exhaust fluid (DEF) or AdBlue to reduce the emission of NOx into the surrounding atmosphere. The technology also significantly reduces the emission of PM, CO, and hydrocarbons. 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 CO?. 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 tailpipe of the vehicle. Typically, a diesel engine requires about 3% DEF of the fuel. The increase in regulations coupled with the rise in the sale of passenger vehicles in the coming years is expected to boost the market during the review period.

Diesel Exhaust Fluid Industry Influence of the global market report:

  • Comprehensive assessment of all opportunities and risks in the Diesel Exhaust Fluid Market.
  • Diesel Exhaust Fluid Market recent innovations and major events.
  • A detailed study of business strategies for the growth of the Diesel Exhaust Fluid Market market-leading players.
  • Conclusive study about the growth plot of Diesel Exhaust Fluid Market for forthcoming years.
  • In-depth understanding of Diesel Exhaust Fluid Market, market-particular drivers, constraints, and major micro markets.
  • Favorable impression inside vital technological and market latest trends striking the Diesel Exhaust Fluid Market.

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The global Diesel Exhaust Fluid market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.

Regional Analysis

Geographically, the global diesel exhaust fluid (AdBlue) market has been segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. As per MRFR analysis, North America held the largest market share in 2018 and is projected to exhibit a healthy CAGR of over 8.0% during the forecast period owing to the stringent regulations and high rate of consumption of AdBlue in the North American countries. However, the market in Asia-Pacific held the largest market share of over 35% in 2018 and is projected to exhibit a healthy CAGR of 8.63% during the forecast period. The growth of the other emission control technologies segment can be mainly attributed to the rise in the sales of heavy vehicles due to an increase in trade in the region and the increase in the sale of passenger cars.

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS 25

TABLE 2 LIST OF PRODUCERS 37

TABLE 3 PRICING ANALYSIS FOR DEF, BY REGION, 2020 TO 2019 (USD/TON) 42

TABLE 4 REGION-WISE DATA OF NUMBER OF VEHICLES SOLD BY TECHNOLOGY 47

TABLE 5 REGION-WISE DATA OF NUMBER OF VEHICLES SOLD BY EXHAUST GAS RECIRCULATION (EGR), 2018 47

TABLE 6 GLOBAL DIESEL EXHAUST FLUID (ADBLUE), BY TECHNOLOGY, 2020–2027 (USD MILLION) 51

TABLE 7 GLOBAL DIESEL EXHAUST FLUID (ADBLUE), BY TECHNOLOGY, 2020–2027 (KILO TONS) 51

TABLE 8 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY REGION, 2020–2027 (USD MILLION) 53

TABLE 9 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY REGION, 2020–2027 (KILO TONS) 54

TABLE 10 NORTH AMERICA DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 54

TABLE 11 NORTH AMERICA DIESEL EXHAUST FLUID (ADBLUE)MARKET, BY COUNTRY, 2020–2027 (KILO TONS) 55

TABLE 12 EUROPE DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 55

TABLE 13 EUROPE DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (KILO TONS) 56

TABLE 14 ASIA-PACIFIC DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 56

TABLE 15 ASIA-PACIFIC DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (KILO TONS) 57

TABLE 16 LATIN AMERICA DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 57

TABLE 17 LATIN AMERICA DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (KILO TONS) 58

TABLE 18 MIDDLE EAST & AFRICA DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 58

…Continue.

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