NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The diesel exhaust fluid market is expected to grow by USD 18.11 billion from 2022 to 2027. In addition, the growth momentum of the market will grow at a CAGR of 13.14% during the forecast period, according to Technavio. Increasing production of vehicles is notably driving the diesel exhaust fluid market. However, factors such as a decrease in the demand for diesel engine vehicles may impede market growth. The market is segmented by Geography (North America, APAC, South America, Europe, and Middle East and Africa). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report.
We provide a detailed analysis of 20 companies operating in the diesel exhaust fluid market including Air Liquide SA, BASF SE, BRENNTAG SE, Cervantes Distribution Inc., CF Industries Holdings Inc., China Petrochemical Corp., Colonial Chemical Inc., Cummins Inc., Dyno Nobel, Innoco Oil Pte. Ltd., Midtex Oil L.P., MUSKET Corp., Nissan Chemical Corp., Northdale Oil Inc., Novax Material and Technology Inc., Nutrien Ltd., S CCI India Pvt. Ltd., Shell plc, TotalEnergies SE, and Yara International ASA.
Diesel Exhaust Fluid Market 2023-2027: Company Analysis
Shell- The company offers diesel exhaust fluid such as Shell Rotella Diesel exhaust fluid.
This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information
Diesel Exhaust Fluid Market 2023-2027: Segmentation
Segment
- The market share growth by the commercial vehicles segment will be significant during the forecast period. Heavy vehicles, e.g. trucks, vans, and minivans, and passenger cars like coaches or minibusses, are also included in the Commercial Vehicles category. According to strict government guidelines, the majority of commercial vehicles in the world are powered by diesel engines.
- packaging (bulk, cans and bottles, and IBCs and drums)
Geography
- North America is estimated to contribute 35% to the growth of the global market during the forecast period. Large countries in the region have a significant number of vehicles on the road, with the United States being a major producer of commercial vehicles, most of which use diesel engines. The appeal of diesel vehicles lies in their cost-effectiveness, efficiency, and reliability.
- APAC, South America, Europe, and Middle East, and Africa
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report
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Diesel Exhaust Fluid Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.14% |
Market growth 2023-2027 |
USD 18.11 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
12.66 |
Regional analysis |
North America, APAC, South America, Europe, and Middle East and Africa |
Performing market contribution |
North America at 35% |
Key countries |
US, China, Japan, South Korea, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Air Liquide SA, BASF SE, BRENNTAG SE, Cervantes Distribution Inc., CF Industries Holdings Inc., China Petrochemical Corp., Colonial Chemical Inc., Cummins Inc., Dyno Nobel, Innoco Oil Pte. Ltd., Midtex Oil L.P., MUSKET Corp., Nissan Chemical Corp., Northdale Oil Inc., Novax Material and Technology Inc., Nutrien Ltd., S CCI India Pvt. Ltd., Shell plc, TotalEnergies SE, 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 recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Vehicle Type
Market Segmentation by Packaging
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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