Global Diesel Exhaust Fluid Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Vehicle Type;

Passenger Cars , Farm machinery, Mobile and static cranes , Airport and Dockside, Construction Equipment, Mining machinery, Cranes Diesel , Dumper Trucks and Other.

By Application ;

Construction ,Agriculture ,Other

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn934978666 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Diesel Exhaust Fluid Market (USD Million), 2020 - 2030

In the year 2023, the Global Diesel Exhaust Fluid Market was valued at USD 21,004.24 million. The size of this market is expected to increase to USD 44,161.16 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 11.2%.

Diesel engine exhaust fluid (DEF) is an anti-pollution agent specifically designed to inhibit and reduce harmful nitrogen oxide (NOx) emissions from diesel-powered internal combustion engines. The fluid is standardized as an aqueous urea solution by the International Organization for Standardization (ISO) and is used in conjunction with Selective Catalytic Reduction (SCR) technology in diesel vehicles to mitigate pollutant emissions. Stored in a separate tank connected to the exhaust pipe, DEF is activated as soon as the engine starts, ensuring continuous emission control.

Environmental sustainability is a paramount concern for automobile manufacturers and fossil fuel energy companies, especially in light of regulations like the NOx emissions act enforced in 2010 by the Environmental Protection Agencies (EPA) worldwide. These regulations aim to reduce the emission of harmful chemicals such as NOx, COx, and unburnt particles from vehicle and machinery exhausts. The growing demand for DEF in end-use industries, including marine, automotive, and aerospace, significantly drives the global market. Additionally, strict greenhouse gas (GHG) emission regulations and the rising demand from the automotive sector further propel the market's growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Diesel Exhaust Fluid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Emission Regulations
        2. Increasing Awareness of Air Pollution
      2. Restraints
        1. Adulteration and Counterfeit Products
        2. Shift Towards Electric Vehicles
      3. Opportunities
        1. Technological Advancements
        2. DEF Blending with Other Additives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Diesel Exhaust Fluid Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Passenger Cars
      2. Farm machinery
      3. Mobile and static cranes
      4. Airport and Dockside
      5. Construction Equipment
      6. Mining machinery
      7. Cranes Diesel
      8. Dumper Trucks
      9. Other
    2. Global Diesel Exhaust Fluid Market, By Application , 2020 - 2030 (USD Million)
      1. Construction
      2. Agriculture
      3. Other
    3. Global Diesel Exhaust Fluid Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Yara International ASA
      2. CF International Holdings, Inc
      3. China Petroleum and Chemical Corporation (SINOPEC)
      4. Total S.A
      5. Shell Rotella (Royal Dutch Shell plc)
      6. Cummins
      7. Valvoline
      8. GreenChem Solutions Ltd
  7. Analyst Views
  8. Future Outlook of the Market