Published by Coherent Market Insights
Posted on September 27, 2021
Diesel exhaust fluid (DEF) is an odorless, colorless, and non-flammable mixture of 32.5% urea and 67.5% deionized water. The standardized AUS 32 form is used as a consumable in selective catalytic reduction (SCR) in order to lower Nitrous oxide (NOx) concentration in the diesel exhaust emissions from diesel engines. DEF vaporizes and decomposes into ammonia and carbon dioxide inside the exhaust pipe that react with oxygen and detrimental nitrogen oxides inside the vehicle’s selective catalytic reduction (SCR) catalyst. This results in production of nitrogen, water vapor, and carbon dioxide. As the shelf life of DEF is directly related to the temperature at which it is stored, special storage tanks made up of polyethylene plastic or stainless steel are used to maintain its quality.
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Stringent NOx emission regulations in regions such as North America, Europe, and Asia Pacific is major factor propelling growth of the global DEF market. Moreover, increasing demand for commercial vehicles fuelled by substantial growth of automotive industry globally and technological advancement in selective catalytic reduction technology such as implementation of catalytic converter, are driving growth of the global DEF market. However, changing preference toward non-fossil fuel engines such as electric cars and hybrid vehicles is expected to hinder growth of the market. Moreover, changing government regulations about diesel vehicles in order to reduce air pollution also restrains growth of the DEF market.
North America held highest market share of 55.38% in the global diesel exhaust fluid market, in 2016 and the region is projected to maintain its dominance throughout the forecast period. Owing to favorable growth of OEM sector especially in Europe and Asia Pacific, these regions are expected to indicate significant growth in the market over the forecast period.
Major Players in the Global Diesel Exhaust Fluid Market
The major players operating in the global diesel exhaust fluid market includes Yara International, BASF SE, CF Industries Holdings Inc., Agrium Inc., Cummins Inc., Shell ROTELLA (Royal Dutch Shell Inc.), Mitsui Chemicals Inc. and KOST USA.
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 2016. 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 2016 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 various others.
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Key features of the study:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Diesel Exhaust Fluid Market Comprehensive Study Explore Huge Growth In Future appeared first on Gatorledger.
Diesel exhaust fluid (DEF) is an odorless, colorless, and non-flammable mixture of 32.5% urea and 67.5% deionized water. The standardized AUS 32 form is used as a consumable in selective catalytic reduction (SCR) in order to lower Nitrous oxide (NOx) concentration in the diesel exhaust emissions from diesel engines. DEF vaporizes and decomposes into ammonia and carbon dioxide inside the exhaust pipe that react with oxygen and detrimental nitrogen oxides inside the vehicle’s selective catalytic reduction (SCR) catalyst. This results in production of nitrogen, water vapor, and carbon dioxide. As the shelf life of DEF is directly related to the temperature at which it is stored, special storage tanks made up of polyethylene plastic or stainless steel are used to maintain its quality.
Get a Sample Copy + All Related Graphs & Charts: https://www.coherentmarketinsights.com/insight/request-sample/1263
Stringent NOx emission regulations in regions such as North America, Europe, and Asia Pacific is major factor propelling growth of the global DEF market. Moreover, increasing demand for commercial vehicles fuelled by substantial growth of automotive industry globally and technological advancement in selective catalytic reduction technology such as implementation of catalytic converter, are driving growth of the global DEF market. However, changing preference toward non-fossil fuel engines such as electric cars and hybrid vehicles is expected to hinder growth of the market. Moreover, changing government regulations about diesel vehicles in order to reduce air pollution also restrains growth of the DEF market.
North America held highest market share of 55.38% in the global diesel exhaust fluid market, in 2016 and the region is projected to maintain its dominance throughout the forecast period. Owing to favorable growth of OEM sector especially in Europe and Asia Pacific, these regions are expected to indicate significant growth in the market over the forecast period.
Major Players in the Global Diesel Exhaust Fluid Market
The major players operating in the global diesel exhaust fluid market includes Yara International, BASF SE, CF Industries Holdings Inc., Agrium Inc., Cummins Inc., Shell ROTELLA (Royal Dutch Shell Inc.), Mitsui Chemicals Inc. and KOST USA.
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 2016. 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 2016 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 various others.
Hurry Up…and Get a 2000$ Discount On a Price…!!!: https://www.coherentmarketinsights.com/insight/request-discount/1263
Key features of the study:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Diesel Exhaust Fluid Market Comprehensive Study Explore Huge Growth In Future appeared first on Gatorledger.
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