Title: Diesel Exhaust Fluid market
1 Diesel Exhaust Fluid Market Research Report By
Forecast 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
2Diesel Exhaust Fluid Market Forecast To 2025
Diesel Exhaust Fluid Market Forecast To 2025
- Market Scope
- Market Research Future (MRFR) in its current
Diesel Exhaust Fluid (DEF) Market report
reveals that the market is expected to thrive at
a 9.05 CAGR during the evaluation period of
2020-2025. The ability of DEF to reduce nitrogen
oxide emissions (NO) from automobiles exhaust
systems is expected to promote its market growth.
MRFR states that the market is poised to value at
USD 25,450 million by 2025. - Rise in the exercise of selective catalytic
reduction technology, strict government norms for
diesel exhaust fluid use that assures its
quality, and increase in vehicle production are
major factors that are expected to spur growth
for the global market of diesel exhaust fluid
market. However, rise in electric vehicles use
can restrain the market expansion.
3Diesel Exhaust Fluid Market Forecast To 2025
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Diesel Exhaust Fluid Market Forecast To 2025
- By type, the diesel exhaust fluid market has is
segmented into commercial vehicles and passenger
vehicles. The commercial vehicles segment has
accounted for the largest market share, followed
by passenger vehicles. Commercial vehicles
accounted for about 34 of world vehicle
production. The increase in commercial activities
is likely to surge the commercial vehicle segment
during the assessment period. - By end market, the diesel exhaust fluid market is
segmented into OEM and aftermarket. In 2018, the
aftermarket segment can dominated the market in
the forecast period. The aftermarket segment is
accounted for the largest market share owing to
the increase in need for refilling of DEF in
vehicles.
4Diesel Exhaust Fluid Market Forecast To 2025
Global Diesel Exhaust Fluid Market Segmented on
the basis of
The global diesel exhaust fluid market is
segmented by storage solution, end market, and
type. By storage solution, the market is
segmented into tanks, bulk storage, dispensers,
portable containers, and others. In 2018, the
bulk storage segment secured the highest share
and is projected to retain the same throughout
the review period. The larger capacities of bulk
storage over storage system allow refueling
equipment by itself as they are located
strategically onsite. This is likely to gain
bulks storage greater popularity that can propel
the market. By type, the diesel exhaust fluid
market has is segmented into commercial vehicles
and passenger vehicles. The commercial vehicles
segment has accounted for the largest market
share, followed by passenger vehicles. Commercial
vehicles accounted for about 34 of world vehicle
production. The increase in commercial activities
is likely to surge the commercial vehicle segment
during the assessment period.
5Diesel Exhaust Fluid Market Forecast To 2025
Global Diesel Exhaust Fluid Market -
Geographical Analysis
Asia Pacific is likely to note a significant
expansion of the diesel exhaust fluid market. The
growing urban populace of Asia Pacific is leading
to the increase in need for both passenger and
commercial vehicles. The burgeoning automotive
industry in economies, such as, China, India, and
Japan, is noted to be the primary driver for the
regional market growth. In China, the market of
diesel exhaust fluid market is anticipated to
experience a slowdown in its growth due to the
growing popularity of electric vehicles. However,
factors that can pull the market are surge in the
transportation sector and decrease in the
intensity of oil level. The surge in the demand
for oil in the transportation sector is likely to
promote the growth of the market. The increase
in the sales count of diesel vehicles can favor
the diesel exhaust fluid market.
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6Diesel Exhaust Fluid Market Forecast To 2025
Global Diesel Exhaust Fluid Market -
Competitive Analysis
- Key players of the global market are diesel
exhaust fluid that are listed by MRFR are Nissan
Chemical Industries (Japan), Shaw Development LLC
(US), Yara International (Norway), The McPherson
Companies (US), CF Industries Holdings (US), BASF
SE (Germany), Brenntag AG (Germany), Blue Sky
Diesel Exhaust Fluid (DEF) (US), Carson
(Portland), Mitsui Chemicals, Inc. (Japan), and
Cummins Filtration (US).
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