The global diesel exhaust fluid market reached $12,191.5 million in 2017, and it is expected to grow at a CAGR of 8.8% in the near future. The fluid has vehicular and non-vehicular application; heavy, medium, and light-duty vehicles, passenger cars, and off-highway vehicles come under the vehicular application. This category accounted for the larger share of the market in 2017, both in terms of volume and value. Non-vehicular application includes diesel-operated irrigation pumps and generators. This category is expected to grow at the faster rate in the coming years, in terms of value and volume.
Market Dynamics
4.3.1 Trends
4.3.1.1 Shifting trend of demand from commercial vehicles to passenger vehicles
4.3.2 Drivers
4.3.2.1 Stringent environmental regulations
4.3.2.2 Rising demand for heavy duty vehicles
4.3.2.3 Focus on sustainable agricultural practices
4.3.3 Restraint
4.3.3.1 Unwillingness to adopt diesel exhaust fluid
4.3.3.2 Impact analysis of restraints on market forecast
4.3.4 Opportunity
4.3.4.1 Emerging nations to offer potential growth opportunities
AdBlue is used in the treatment of harmful nitrogen oxide emission, which is emitted from diesel engines, by breaking down nitrogen oxide (NOx) into nitrogen and water via the selective catalytic reduction (SCR) process. Diesel exhaust fluid is an aqueous solution, which is produced using deionized water and urea (with volume percentages of 67.5% and 32.5%, respectively).
GLOBAL DIESEL EXHAUST FLUID MARKET, BY GEOGRAPHY
North America Diesel Exhaust Fluid Market
- By Storage Solutions
- By Applications
- By Country – U.S. and Canada
Europe Diesel Exhaust Fluid Market
- By Storage Solutions
- By Applications
- By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe
APAC Diesel Exhaust Fluid Market
- By Storage Solutions
- By Applications
- By Country – China, Japan, South Korea, Australia, and Rest of APAC
LATAM Diesel Exhaust Fluid Market
- By Storage Solutions
- By Applications
- By Country – Brazil, Mexico, and Rest of LATAM
MEA Diesel Exhaust Fluid Market
- By Storage Solutions
- By Applications
- By Country – Saudi Arabia, U.A.E., South Africa, and Rest of MEA
Market Street 