PUBLISHER: Market Research Future | PRODUCT CODE: 1619014
PUBLISHER: Market Research Future | PRODUCT CODE: 1619014
Global Diesel Exhaust Fluid Market Research Report Information By Storage Solution, By Application, By Region Forecast to 2028
Global Diesel Exhaust Fluid (AdBlue) Market Research Report Information By Storage Solution (Bulk Storage, Dispensers, Tanks, Portable Containers, Others), By Application (Automotive, Construction Machinery, Farm Machinery, Electronic Generators, Railway Engines, Others), By Region Forecast to 2028
Overview of the Market
Over the course of the forecast period, the diesel exhaust fluid (AdBlue) market size is expected to rise at a compound annual growth rate (CAGR) of 8.57%. A liquid called diesel exhaust fluid (DEF) is used to lessen air pollution brought on by diesel engines. It is sold under the name AdBlue and is also referred to as AUS 32 and ARLA 32. 32.5% urea and 67.5% deionized water are combined to create the aqueous urea solution known as DEF or AdBlue. Most engine manufacturers have integrated selective catalytic reduction (SCR) technology in their diesel vehicles, which requires DEF to function, to fulfill strict NOx emission limits starting in 2010 for commercial truck engines and starting in 2014 for the majority of off-road engines. In cars equipped with SCR technology, AdBlue is stored in a separate tank. In the selective catalytic reduction (SCR) system, DEF is injected, heated in the exhaust stream, and breaks down into CO2 and ammonia. The detrimental NOx molecules in the exhaust stream are changed into innocuous nitrogen and water, which are then expelled from the car's tailpipe, when the NOx from the engine exhaust stream combines with the ammonia inside the catalyst. A diesel engine normally needs around 3% DEF of the fuel.
Perspectives on Market Segments
The market for diesel exhaust fluid (AdBlue) has been divided into several segments based on storage tank types: bulk storage, dispenses, tanks, portable containers, and others.
The market for diesel exhaust fluid (AdBlue) is divided into several general categories, including railway engines, electronic generators, agriculture and construction equipment, automobiles, and others.
Local Perspectives
North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa make up the several regions into which the diesel exhaust fluid (AdBlue) market has been divided. Due to strict laws in the region and producers of agricultural and automotive machinery adhering to them, the North American market held the biggest share of 57.52% in 2020. This is anticipated to lead to an increase in the consumption of diesel exhaust fluid (AdBlue). By the end of 2030, the market, which was valued at USD 9,063.32 million in 2020, is anticipated to grow at a compound annual growth rate (CAGR) of 8.42% to reach USD 20,023.98 million.
Key Players
The market's major participants include Nissan Chemical Corporation (Japan), GreenChem (Netherlands), NOVAX Material & Technology Inc (China), Royal Dutch Shell PLC (Netherlands), BP p.l.c. (UK), Yara (Norway), Mitsui Chemicals Inc. (Japan), Borealis AG (Austria), and Adeco doo (Siberia).
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY STORAGE SOLUTION
- 1.1.2 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY APPLICATION
- 1.1.3 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMAY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 FORECAST MODEL
- 3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 GROWING ADOPTION OF DIESEL EXHAUST FLUID (ADBLUE) DUE TO GLOBAL EMISSION REDUCTION NORMS
- 4.2.2 INCREASING USE OF ADBLUE IN HEAVY-DUTY VEHICLES
- 4.2.3 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINTS
- 4.3.1 DIESEL EXHAUST FLUID (DEF) FREEZES AT LOW TEMPERATURE
- 4.3.2 RESTRAINTS IMPACT ANALYSIS
- 4.4 OPPORTUNITIES
- 4.4.1 DEVELOPMENT OF HYBRID SELECTIVE NON-CATALYTIC REDUCTION (SNCR)/SELECTIVE CATALYTIC
REDUCTION (SCR) SYSTEM
- 4.5 CHALLENGES
- 4.5.1 FLUCTUATING PRICES OF UREA
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 PRODUCERS
- 5.1.3 DISTRIBUTION CHANNEL
- 5.1.4 END USERS
- 5.2 PORTER FIVE FORCES
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES:
- 5.2.5 COMPETITIVE RIVALRY
- 5.3 IMPACT OF CORONAVIRUS OUTBREAK ON THE GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET
- 5.3.1 IMPACT OF COVID-19 ON SUPPLY CHAIN
- 5.3.2 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FROM END-USE INDUSTRY
- 5.4 TECHNOLOGY OUTLOOK
- 5.4.1 CATALYST TECHNOLOGY
- 5.4.2 SELECTIVE CATALYTIC REDUCTION
- 5.4.2.1 NOX ADSORBER CATALYST
- 5.4.2.2 LEAN NOX CATALYST
- 5.4.2.3 DIESEL OXIDATION CATALYST
- 5.4.3 EXHAUST GAS RECIRCULATION
- 5.4.3.1 HIGH-PRESSURE EGR
- 5.4.3.2 LOW-PRESSURE EGR
- 5.4.4 ALTERNATIVE TECHNOLOGIES
- 5.4.4.1 AMMINEX ASDS TECHNOLOGY
- 5.4.4.2 PASS: PASSIVE AMMONIA SCR SYSTEM
- 5.4.4.3 AMMONIUM BICARBONATE (TENNECO)
- 5.5 NUMBER OF VEHICLES SOLD BY TECHNOLOGY, BY REGION (2018)
6 COMPETITIVE LANDSCAPE
- 6.1 COMPETITIVE OVERVIEW
- 6.2 GLOBAL MARKET STRATEGY ANALYSIS
- 6.3 KEY DEVELOPMENTS
- 6.4 COMPETITIVE BENCHMARKING
7 COMPANY PROFILES
- 7.1 BASF SE
- 7.1.1 COMPANY OVERVIEW
- 7.1.2 FINANCIAL OVERVIEW
- 7.1.3 PRODUCTS OFFERED
- 7.1.4 KEY DEVELOPMENTS
- 7.1.5 SWOT ANALYSIS
- 7.1.6 KEY STRATEGIES
- 7.2 YARA
- 7.2.1 COMPANY OVERVIEW
- 7.2.2 FINANCIAL OVERVIEW
- 7.2.3 PRODUCTS OFFERED
- 7.2.4 KEY DEVELOPMENTS
- 7.2.5 SWOT ANALYSIS
- 7.2.6 KEY STRATEGIES
- 7.3 MITSUI CHEMICALS INC.
- 7.3.1 COMPANY OVERVIEW
- 7.3.2 FINANCIAL OVERVIEW
- 7.3.3 PRODUCTS OFFERED
- 7.3.4 KEY DEVELOPMENTS
- 7.3.5 SWOT ANALYSIS
- 7.3.6 KEY STRATEGIES
- 7.4 BP PLC.
- 7.4.1 COMPANY OVERVIEW
- 7.4.2 FINANCIAL OVERVIEW
- 7.4.3 PRODUCTS OFFERED
- 7.4.4 KEY DEVELOPMENTS
- 7.4.5 SWOT ANALYSIS
- 7.4.6 KEY STRATEGIES
- 7.5 BOREALIS AG
- 7.5.1 COMPANY OVERVIEW
- 7.5.2 FINANCIAL OVERVIEW
- 7.5.3 PRODUCTS OFFERED
- 7.5.4 KEY DEVELOPMENTS
- 7.5.5 SWOT ANALYSIS
- 7.5.6 KEY STRATEGIES
- 7.6 NISSAN CHEMICAL CORPORATION
- 7.6.1 COMPANY OVERVIEW
- 7.6.2 FINANCIAL OVERVIEW
- 7.6.3 PRODUCTS OFFERED
- 7.6.4 KEY DEVELOPMENTS
- 7.6.5 SWOT ANALYSIS
- 7.6.6 KEY STRATEGIES
- 7.7 GREENCHEM
- 7.7.1 COMPANY OVERVIEW
- 7.7.2 FINANCIAL OVERVIEW
- 7.7.3 PRODUCTS OFFERED
- 7.7.4 KEY DEVELOPMENTS
- 7.7.5 SWOT ANALYSIS
- 7.7.6 KEY STRATEGIES
- 7.8 NOVAX MATERIAL & TECHNOLOGY INC
- 7.8.1 COMPANY OVERVIEW
- 7.8.2 FINANCIAL OVERVIEW
- 7.8.3 PRODUCTS OFFERED
- 7.8.4 KEY DEVELOPMENTS
- 7.8.5 SWOT ANALYSIS
- 7.8.6 KEY STRATEGIES
- 7.9 ROYAL DUTCH SHELL PLC
- 7.9.1 COMPANY OVERVIEW
- 7.9.2 FINANCIAL OVERVIEW
- 7.9.3 PRODUCTS OFFERED
- 7.9.4 KEY DEVELOPMENTS
- 7.9.5 SWOT ANALYSIS
- 7.9.6 KEY STRATEGIES
- 7.10 ADECO DOO
- 7.19.1 COMPANY OVERVIEW
- 7.10.2 FINANCIAL OVERVIEW
- 7.10.3 PRODUCTS OFFERED
- 7.10.4 KEY DEVELOPMENTS
- 7.10.5 SWOT ANALYSIS
- 7.10.6 KEY STRATEGIES
LIST OF TABLES
- TABLE 1 LIST OF ASSUMPTIONS
- TABLE 2 REGION-WISE DATA OF NUMBER OF VEHICLES SOLD BY TECHNOLOGY
- TABLE 3 REGION-WISE DATA OF NUMBER OF VEHICLES SOLD BY EXHAUST GAS RECIRCULATION (EGR),
- TABLE 4 KEY DEVELOPMENTS
- TABLE 5 BASF SE: PRODUCT OFFERED
- TABLE 6 YARA: PRODUCT OFFERED
- TABLE 7 YARA: KEY DEVELOPMENTS
- TABLE 8 MITSUI CHEMICALS INC.: PRODUCT OFFERED
- TABLE 9 BP PLC: PRODUCT OFFERED
- TABLE 10 BOREALIS AG: PRODUCT OFFERED
- TABLE 11 NISSAN CHEMICAL CORPORATION: PRODUCT OFFERED
- TABLE 12 GREENCHEM: PRODUCT OFFERED
- TABLE 13 NOVAX MATERIAL & TECHNOLOGY INC: PRODUCT OFFERED
- TABLE 14 ROYAL DUTCH SHELL PLC: PRODUCT OFFERED
- TABLE 15 ADECO DOO: PRODUCT OFFERED
LIST OF FIGURES
- FIGURE 1 MARKET SYNOPSIS
- FIGURE 2 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET ANALYSIS BY STORAGE SOLUTION
- FIGURE 3 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET ANALYSIS BY APPLICATION
- FIGURE 4 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET ANALYSIS BY REGION
- FIGURE 5 GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET: STRUCTURE
- FIGURE 6 RESEARCH PROCESS
- FIGURE 7 TOP-DOWN & BOTTOM-UP APPROACHES
- FIGURE 8 DROC ANALYSIS OF GLOBAL DIESEL EXHAUST FLUID (ADBLUE) MARKET
- FIGURE 9 ENERGY CONSUMPTION IN THE EU
- FIGURE 10 NOX REDUCTION OF TRUCKS WITH EURO STANDARDS
- FIGURE 11 DEVELOPMENT OF EXHAUST-GAS STAGES FOR DIESEL PASSENGER CARS
- FIGURE 12 DRIVERS IMPACT ANALYSIS: DIESEL EXHAUST FLUID (ADBLUE) MARKET
- FIGURE 13 RESTRAINTS IMPACT ANALYSIS: DIESEL EXHAUST FLUID (ADBLUE) MARKET
- FIGURE 14 FLUCTUATING PRICES OF UREA, USD/TON
- FIGURE 15 SUPPLY CHAIN: GLOBAL DIESEL EXHAUST FLUIDS (ADBLUE) MARKET
- FIGURE 16 SELECTIVE CATALYTIC REDUCTION TECHNOLOGY
- FIGURE 17 NOX ABSORBER CATALYST TECHNOLOGY
- FIGURE 18 BENCHMARKING OF MAJOR COMPETITORS)
- FIGURE 19 BASF SE: FINANCIAL OVERVIEW SNAPSHOT *
- FIGURE 21 BASF SE: SWOT ANALYSIS
- FIGURE 22 YARA: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 23 YARA: SWOT ANALYSIS
- FIGURE 24 MITSUI CHEMICALS INC.: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 25 MITSUI CHEMICALS INC.: SWOT ANALYSIS
- FIGURE 26 BP PLC: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 27 BP PLC: SWOT ANALYSIS
- FIGURE 28 BOREALIS AG: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 29 BOREALIS AG: SWOT ANALYSIS
- FIGURE 30 NISSAN CHEMICAL CORPORATION: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 31 NISSAN CHEMICAL CORPORATION: SWOT ANALYSIS
- FIGURE 32 GREENCHEM: SWOT ANALYSIS
- FIGURE 33 NOVAX MATERIAL & TECHNOLOGY INC: SWOT ANALYSIS
- FIGURE 34 ROYAL DUTCH SHELL PLC: FINANCIAL OVERVIEW SNAPSHOT
- FIGURE 35 ROYAL DUTCH SHELL PLC: SWOT ANALYSIS
- FIGURE 36 ADECO DOO: SWOT ANALYSIS
