Sep 07, 2023
Diesel Exhaust Fluid Market : 38% of Growth to Originate from North America, Evolving Opportunities with BASF SE & CF Industries Holdings Inc.
NEW YORK, July 11, 2022 /PRNewswire/ -- The "Diesel Exhaust Fluid Market by
NEW YORK, July 11, 2022 /PRNewswire/ -- The "Diesel Exhaust Fluid Market by Geography (North America, APAC, South America, Europe, North America, APAC, South America, and Europe) - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The diesel exhaust fluid market share is expected to increase to USD 14.94 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 13.9%. 38% of the market's growth will originate from North America during the forecast period. The US is the key market for diesel exhaust fluid market in North America. Market growth in this region will be slower than the growth of the market in all other regions. Rising health and environmental concerns due to NOx emissions will facilitate the diesel exhaust fluid market growth in North America over the forecast period.
Diesel Exhaust Fluid Market - Vendor Analysis
The diesel exhaust fluid market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The diesel exhaust fluid market report offers information on several market vendors, including BASF SE, CF Industries Holdings Inc., China Petrochemical Corp., Cummins Inc., L'Air Liquide SA, Nissan Chemical Corp., Nutrien Ltd., Royal Dutch Shell Plc, Total SA, and Yara International ASA among others.
BASF SE - The company offers AdBlue that meets all EURO 4, 5, and 6 objectives and reduces fuel consumption, and optimizes engine output.
CF Industries Holdings Inc. - The company offers diesel exhaust fluid which is used as a consumable in selective catalytic reduction (SCR) in order to lower NOx concentration in the diesel exhaust emissions from diesel engines. The company's diesel exhaust fluid meets the quality requirements defined by ISO22241-1
China Petrochemical Corp. - The company offers diesel exhaust fluid in different variants which are sold in pallet jugs, gallon drums, and gallon totes.
Cummins Inc. - The company offers diesel exhaust fluid of various packaging sizes, including 1, 2.5, and 5-gallon bottles, 55-gallon drums, 275-gallon disposable totes, 330-gallon totes, and bulk.
L'Air Liquide SA - The company offers AiRx diesel exhaust fluid that is used in selective catalytic reduction (SCR) technology to reduce harmful diesel exhaust pollutants.
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Diesel Exhaust Fluid Market - Key Market Dynamics:
Market Driver - The increasing production of vehicles and rising health and environmental concerns due to Nox emissions are some of the key market drivers.
Market Challenges - The factors such as the decrease in the demand for diesel engine vehicles will challenge market growth
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Diesel Exhaust Fluid Market - Market Segmentation
The diesel exhaust fluid market report is segmented by Geography (North America, APAC, South America, Europe), Vehicle type (commercial vehicles, non-road vehicles, passenger vehicles, and trains), and Pack size (bulk, cans and bottles, and IBCs and drums).
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Diesel Exhaust Fluid Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of almost 13.9%
Market growth 2021-2025
USD 14.94 billion
Market structure
Concentrated
YoY growth (%)
13.80
Performing market contribution
North America at 38%
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
BASF SE, CF Industries Holdings Inc., China Petrochemical Corp., Cummins Inc., L'Air Liquide SA, Nissan Chemical Corp., Nutrien Ltd., Royal Dutch Shell Plc, Total SA, and Yara International ASA
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
Customization purview
If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments.
Key Topics Covered:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by vehicle type
Market segments
Comparison by vehicle type
Commercial vehicles - Market size and forecast 2020-2025
Non-road vehicles - Market size and forecast 2020-2025
Passenger vehicles - Market size and forecast 2020-2025
Trains - Market size and forecast 2020-2025
Market opportunity by vehicle type
Market Segmentation by pack size
Market segments
Comparison by pack size
Bulk - Market size and forecast 2020-2025
Cans and bottles - Market size and forecast 2020-2025
IBCs and drums - Market size and forecast 2020-2025
Market opportunity by pack size
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
BASF SE
CF Industries Holdings Inc.
China Petrochemical Corp.
Cummins Inc.
L'Air Liquide SA
Nissan Chemical Corp.
Nutrien Ltd.
Royal Dutch Shell Plc
Total SA
Yara International ASA
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[email protected]: www.technavio.com/
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