Diesel Exhaust Fluid Market, By Storage Solution (Bulk Storage Tanks, Portable Containers, Dispensers and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles), By End-Use (Original Equipment Manufacturers (OEM) and Aftermarket, By Region (Nor

Diesel Exhaust Fluid Market, By Storage Solution (Bulk Storage Tanks, Portable Containers, Dispensers and Others), By Vehicle Type (Passenger Cars and Commercial Vehicles), By End-Use (Original Equipment Manufacturers (OEM) and Aftermarket, By Region (North America, Europe, Asia-pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Diesel exhaust fluid (DEF) is a high purity chemical solution, which contains 32.5% (v/v) Urea with pure deionized water. The main application of DEF is in Selective Catalytic Reduction Process in order to reduce NOx concentration of exhaust from both on road & off road diesel engines. DEF gained popularity after implementation of level-3 regulation by Environmental Protection Agency about reduction of NOx emission.

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 2021. 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 2021 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 others.

Key features of the study:

• This report provides in-depth analysis of diesel exhaust fluid market and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022 – 2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
• It profiles leading players in the global diesel exhaust fluid market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study includes Yara International, BASF SE, CF Industries Holdings Inc., Agrium Inc., Cummins Inc., Shell ROTELLA (Royal Dutch Shell Inc.), Mitsui Chemicals Inc., KOST USA among others.
• Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology upgrade, market expansion, and marketing tactics
• The global diesel exhaust fluid market report caters to various stakeholders in this industry including investors, suppliers, diesel exhaust fluid manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the diesel exhaust fluid market

• 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
• Global Diesel Exhaust Fluid Market, By End-use:
• OEM
• Aftermarket
• Global Diesel Exhaust Fluid Market, By Geography:
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Italy
• France
• Russia
• Spain
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• ASEAN
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Middle East
• GCC
• Israel
• Rest of Middle East
• Africa
• Northern Africa
• Central Africa
• South Africa
• Company Profiles
• Yara International*
• Company Overview
• Product Portfolio
• Financial PerTypeance
• Key Strategies
• Recent Developments
• Future Plans
• BASF SE
• CF Industries Holdings Inc.
• Agrium Inc.
• Cummins Inc.
• Shell ROTELLA (Royal Dutch Shell Inc.)
• Mitsui Chemicals Inc.
• KOST USA