North America to Dominate Global Automotive Diesel Exhaust Fluid Market till 2026
Increase in number of
vehicles on road and improvement in road infrastructure are expected to drive the global
automotive diesel exhaust fluid market in the forecast period.
According to TechSci Research report, “Global Automotive
Diesel Exhaust Fluid Market By Vehicle Type (Passenger Car, Light
Commercial Vehicle, Medium and Heavy Commercial Vehicle, OTR), By Component
(SCR Catalyst, DEF Tank, DEF Injector, DEF Supply Module, DEF Sensor, NOX
Sensor), By Supply Mode (Cans & Bottles, Intermediate Bulk Container, Bulk,
Pump), By Company, By Region, Forecast & Opportunities, 2026”, the global
automotive diesel exhaust fluid market is expected to witness significant
growth for the next five years on account of increasing demand for diesel
exhaust fluids due to the increasing age of the vehicles used. Diesel exhaust
fluid is used to reduce the pollution levels in the automobiles. It is an
aqueous urea solution which is mainly composed of urea and deionized water. Improvement in road infrastructure and technological
advancements are driving the market for global automotive diesel fluid market.
Growing affordability among people and rising GDP across various economies is leading
to an increase in expenditure capacity of the people. Rising awareness for maintenance
of the vehicles is influencing the market demand for the forecast period. Diesel
exhaust fluid is carried in overhead tank which needs to be replenished at
regular intervals. Stringent government policies in addition to high-end
installation of SCR as an after-treatment technology by OEMs and tier-1 cities together
is boosting the global automotive diesel exhaust fuel market. Increasing demand
for automotive diesel exhaust fluid in various end user industries such as
automotive, space and marine can be attributed to the global market. Increase
in demand for low emission of greenhouse gases into the environment to decrease
the carbon footprint is aiding immensely in the rise in demand for the
automotive diesel exhaust fluid market. Surge in improvement of distribution of
the bulk chemical fluids is driving the global automotive diesel exhaust fluid
market. Increase in the demand for commercial and goods transportation services
is leading to the growth in sales of commercial vehicles. This is expected to
further propel the growth of the market in the forecast period.
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Based
on vehicle type, market is further divided into passenger car, light commercial
vehicle, medium and heavy commercial vehicle and OTR. Light commercial vehicle
segment is expected to hold the majority of market share in the forecast period
due to the growing production of light commercial vehicles to cater to the
demand from consumers worldwide. Adoption of SCV coupled with diesel exhaust
fluid is boosting the vehicle demand around the world. Based on supply mode, the
market is categorized into cans & bottles, intermediate bulk container,
bulk, and pump. Pumps are cost-effective when compared to cans & bottles and
other methods for supplying diesel exhaust fluid into the automobiles. Also,
pumps offer convenience over the other methods which is why pumps are
anticipated to dominate the market in the forecast period.
Air
Liquide (Airgas), Royal Dutch Shell PLC, BASF SE, Yara International, Nissan
Chemical Industries, Ltd., Cf International Holdings, Inc, Brenntag AG, Graco
Inc., Cummins Inc., Nutrein Ltd. are the leading players operating in global automotive
diesel exhaust fluid market. Manufacturers are increasingly focusing on research
and development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several automotive
diesel exhaust fluid manufacturers are coming up with their technologically
advanced offerings.
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“In
order to meet the requisite NOx standards for commercial and off-road engines,
most engines are integrating selective catalytic reduction along with diesel
exhaust fluid in automobiles. In addition, continued growth in construction sector
is contributing to the increased demand for construction vehicles which use engines
coolants, accelerating the demand for global automotive diesel exhaust fluid
market till 2026” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Automotive Diesel
Exhaust Fluid Market By Vehicle Type (Passenger Car, Light Commercial Vehicle,
Medium and Heavy Commercial Vehicle, OTR), By Component (SCR Catalyst, DEF
Tank, DEF Injector, DEF Supply Module, DEF Sensor, NOX Sensor), By Supply Mode
(Cans & Bottles, Intermediate Bulk Container, Bulk, Pump), By Company, By
Region, Forecast & Opportunities, 2026” has
evaluated the future growth potential of global automotive diesel exhaust fluid
market and provided statistics & information on market size, shares, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global automotive
diesel exhaust fluid market.
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