Uploaded on Apr 26, 2021
Diesel Exhaust Fluid Market Regional Demand, Trends and Forecast To 2027
Diesel Exhaust Fluid Market
Diesel Exhaust Fluid Market Regional Demand, Trends and Forecast To 2027
Market Overview
Diesel exhaust fluid (DEF) is an odorless, colorless, and non-flammable mixture of 32.5% urea and
67.5% deionized water. The standardized AUS 32 form is used as a consumable in selective
catalytic reduction (SCR) in order to lower Nitrous oxide (NOx) concentration in the diesel exhaust
emissions from diesel engines. DEF vaporizes and decomposes into ammonia and carbon dioxide
inside the exhaust pipe that react with oxygen and detrimental nitrogen oxides inside the vehicle’s
selective catalytic reduction (SCR) catalyst. This results in production of nitrogen, water vapor, and
carbon dioxide. As the shelf life of DEF is directly related to the temperature at which it is stored,
special storage tanks made up of polyethylene plastic or stainless steel are used to maintain its
quality.
Stringent NOx emission regulations in regions such as North America, Europe, and Asia Pacific is
major factor propelling growth of the global DEF market. Moreover, increasing demand for
commercial vehicles fuelled by substantial growth of automotive industry globally and
technological advancement in selective catalytic reduction technology such as implementation of
catalytic converter, are driving growth of the global DEF market. However, changing preference
toward non-fossil fuel engines such as electric cars and hybrid vehicles is expected to hinder growth
of the market. Moreover, changing government regulations about diesel vehicles in order to reduce
air pollution also restrains growth of the DEF market.
Request Sample Copy Of This Business
Report:https://www.coherentmarketinsights.com/insight/request-sample/1263
Market Dynamics
The growth of global diesel exhaust fluid market is mainly driven by growing demand for diesel
exhaust fluid to reduce NOx emissions. Among vehicle type, commercial vehicles segment, held
highest revenue share in global diesel exhaust fluid market in 2016. Owing to increasing demand
for diesel exhaust fluid in commercial vehicles fuelled by increasing number of LCV & HCV, the
trend is projected to be continued over the forecast period. North America dominated in global
diesel exhaust fluid market in 2016 and the region is projected to maintain its dominance in the near
future. The growth of North America diesel exhaust fluid market is mainly driven by strict
government NOx emission regulations. Asia Pacific is projected to indicate significant growth due
to favorable growth of automotive industry in emerging economies such as China, India and various
others.
Detailed Segmentation:
•Global Diesel Exhaust Fluid Market, By Storage Solution:
•Bulk Storage Tanks
•Portable Containers
•Dispenser
•Others
•Global Diesel Exhaust Fluid Market, By Vehicle Type:
•Passenger
•Commercial
•Light Commercial Vehicles
•Heavy Commercial Vehicles
The major players operating in the global diesel exhaust fluid market includes Yara International,
BASF SE, CF Industries Holdings Inc., Agrium Inc., Cummins Inc., Shell ROTELLA (Royal Dutch
Shell Inc.), Mitsui Chemicals Inc. and KOST USA.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready
syndicated research reports, custom market analysis, consulting services, and competitive analysis
through various recommendations related to emerging market trends, technologies, and potential
absolute dollar opportunity.
Contact Us:
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]
Visit Our Blogs:https://blog.coherentmarketinsights.com
Comments