Diesel Exhaust Fluid Market Analysis, Growth Opportunities and Recent Trends by Leading Manufacturers & Regions Till 2023

PS LogoGlobal diesel exhaust fluid market is projected to reach $20,518.0 million by 2023. The diesel exhaust fluid market is mainly driven by the introduction of stricter environmental regulations in different parts of the world along with rising sales of motor vehicles such as heavy- and medium-duty vehicles. The introduction of vehicles equipped with anti-pollutant technologies will have a positive impact on the diesel exhaust fluid market.
Based on storage solutions, the diesel exhaust fluid market is categorized into bulk storage, dispensers, and portable containers. Globally, bulk storage held the largest share in the diesel exhaust fluid market, accounting for more than 45.0% share in terms of value in 2017.
The diesel exhaust fluid market is expected to witness the fastest growth in the APAC region, owing to the presence of fast growing economies such as China and India. The demand for transportation for facilitating the movement of goods is rising in these countries which has promoted the sales of heavy- and medium-duty vehicles.
On the basis of applications, the diesel exhaust fluid market is bifurcated into vehicular and non-vehicular. Vehicular applications dominated the market as it contributed more than 95.0% share in terms of value in 2017. Stringent environmental regulations in the European and North American nations mandate the vehicle owners to reduce emission of harmful gases which in turn encourage them to bring down the emission levels by using AdBlue.
Diesel Exhaust FluidOver the recent years, emerging nations such as China, India, and Brazil have witnessed rapid surge in the economic activities which offer significant boost to transportation and logistics industry in these countries. Moreover, due to the rising income levels, these countries have emerged as a one of the most lucrative automobile markets in the world.
Some of the major players operating in the global diesel exhaust fluid market are Yara International ASA, BASF SE, GreenChem Holding B.V., Cummins Filtration Inc., Kelas Environmental Protection Technology Co. Ltd., China Petroleum & Chemical Corporation, CF Industries Holdings Inc., Nissan Chemical Industries Ltd., TOTAL S.A., and Mitsui Chemicals Inc.
GLOBAL DIESEL EXHAUST FLUID MARKET SEGMENTATION
By Storage Solutions
  • Bulk Storage
    • Bulk-shipment truckloads
    • Indoor/outdoor storage tanks
    • Others
  • Dispensers
  • Portable Containers
By Applications
  • Vehicular
    • Heavy-duty vehicles
    • Medium-duty vehicles
    • Light-duty vehicles
    • Off-highway
    • Passenger cars
    • Others
  • Non-Vehicular
By Geography
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • Australia
    • Rest of APAC
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of LATAM
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • U.A.E.
    • South Africa
    • Rest of MEA
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Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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