Diesel Exhaust Fluid Market size to grow by USD 18,114.37 million from 2022 to 2027, The increasing production of vehicles to boost market growth - Technavio

NEW YORK, June 16, 2023 /PRNewswire/ -- The diesel exhaust fluid market size is set to grow by USD 18,114.37 million from 2022 to 2027 and register a CAGR of 13.14%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Technavio offers in-depth market insights that assist global businesses to obtain growth opportunities. Read Sample Report

The report also covers the following areas:

• Diesel Exhaust Fluid Market size
• Diesel Exhaust Fluid Market trends
• Diesel Exhaust Fluid Market industry analysis

The diesel exhaust fluid market is fragmented, and the degree of fragmentation will accelerate. The increasing production of vehicles will offer immense growth opportunities. However, the Decrease in the demand for diesel-engine vehicles will hamper the market growth.

Diesel Exhaust Fluid Market 2023-2027: Segmentation

• Vehicle Type
• Commercial vehicles
• Non-road vehicles
• Passenger vehicles
• Trains

• Packaging Outlook
• Bulk
• Cans and bottles
• IBCs and drums

• Geography 
• North America
• APAC
• South America
• Europe
• Middle East and Africa

The market share growth in the commercial vehicles segment will be significant during the forecast period. The commercial vehicles segment accounted for the largest share of the global diesel exhaust fluid market in 2020 because of the extensive use of diesel engines in commercial vehicles. They include various types of vehicles, including heavy-duty vehicles like trucks, light commercial vehicles such as vans and small trucks, and passenger-carrying vehicles like buses, coaches, and minibuses. The rising demand for commercial vehicles across the world is expected to increase the demand for DEF. Hence, such factors will boost segment growth during the forecast period.

Learn more about the factors assisting the growth of the market, download a sample report!

Diesel Exhaust Fluid Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the diesel exhaust fluid market in l4 industry include 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.. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the diesel exhaust fluid market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Vendor Offerings

• Air Liquide SA - The company offers diesel exhaust fluid and related products such as those used in DEF.
• BASF SE - The company offers diesel exhaust fluid such as AdBlue.
• Cervantes Distribution Inc - The company offers diesel exhaust fluid such as AirBlueFluids DEF.

Diesel Exhaust Fluid Market 2023-2027: Market Dynamics

Key Drivers

The increasing production of vehicles is notably driving market growth. The automotive industry is the primary consumer of diesel, and the market is segmented based on the various vehicles that use Diesel Exhaust Fluid (DEF). The market is experiencing rapid growth due to factors like urbanization, modernization, population growth, and increasing disposable income.

Furthermore, developing countries in the Asia-Pacific (APAC) region, particularly China and India, are major producers of automobiles, resulting in high demand for automotive products. Additionally, the economic recovery in the United States and Europe is expected to drive increased demand for automotive products, leading to a higher demand for DEF. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

An emerging trend in the diesel exhaust fluid market is the occurrence of mergers and acquisitions. Due to the growing demand for DEF, manufacturers are compelled to broaden their distribution networks and enhance their production capacities. For Instance, Parman Energy's recently announced its planned acquisition of Lube-Tech & Partners' Chevron-branded lubricants business. Lube-Tech, headquartered in St. Paul and operating in Iowa, Minnesota, and Wisconsin, caters to commercial, automotive, and industrial customers. As per the agreement, Parman Energy will obtain a significant portion of Lube-Tech's customer base associated with Chevron products. The rise in such acquisitions signifies the growing demand for DEF in different regions. Consequently, factors like these are anticipated to drive market growth throughout the forecast period.

Significant Challenges

A decrease in the demand for diesel engine vehicles is a major challenge impeding market growth. Although diesel engines offer several advantages over gasoline and gas engines, the market for diesel-powered vehicles is projected to decline in the coming decades. The main factor contributing to this decline is the growing environmental pollution caused by harmful exhaust gas emissions from vehicles, particularly those equipped with diesel engines. This environmental concern has led to the implementation of stringent regulations and the imposition of bans on diesel vehicles in countries such as India, China, Germany, the UK, and France. Hence, the decrease in the demand for diesel-engine vehicles will hamper the growth of the market during the forecast period.

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• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Diesel Exhaust Fluid Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist diesel exhaust fluid market growth during the next five years
• Estimation of the diesel exhaust fluid market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the diesel exhaust fluid market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of diesel exhaust fluid market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Packaging
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global diesel exhaust fluid market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global diesel exhaust fluid market 2017 - 2021 ($ million)

• 4.2 Vehicle type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ million)

• 4.3 Packaging Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Packaging Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Vehicle Type

• 6.1 Market segments
• Exhibit 30: Chart on Vehicle Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Vehicle Type - Market share 2022-2027 (%)

• 6.2 Comparison by Vehicle Type 
• Exhibit 32: Chart on Comparison by Vehicle Type
• Exhibit 33: Data Table on Comparison by Vehicle Type

• 6.3 Commercial vehicles - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)

• 6.4 Non-road vehicles - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Non-road vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Non-road vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Non-road vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Non-road vehicles - Year-over-year growth 2022-2027 (%)

• 6.5 Passenger vehicles - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)

• 6.6 Trains - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Trains - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Trains - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Trains - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Trains - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Vehicle Type 
• Exhibit 50: Market opportunity by Vehicle Type ($ million)

7 Market Segmentation by Packaging

• 7.1 Market segments
• Exhibit 51: Chart on Packaging - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Packaging - Market share 2022-2027 (%)

• 7.2 Comparison by Packaging 
• Exhibit 53: Chart on Comparison by Packaging
• Exhibit 54: Data Table on Comparison by Packaging

• 7.3 Bulk - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Bulk - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Bulk - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Bulk - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Bulk - Year-over-year growth 2022-2027 (%)

• 7.4 Cans and bottles - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Cans and bottles - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Cans and bottles - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Cans and bottles - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Cans and bottles - Year-over-year growth 2022-2027 (%)

• 7.5 IBCs and drums - Market size and forecast 2022-2027 
• Exhibit 63: Chart on IBCs and drums - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on IBCs and drums - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on IBCs and drums - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on IBCs and drums - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Packaging 
• Exhibit 67: Market opportunity by Packaging ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027 
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 South America - Market size and forecast 2022-2027 
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.6 Europe - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027 
• Exhibit 109: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Air Liquide SA
• Exhibit 120: Air Liquide SA - Overview
• Exhibit 121: Air Liquide SA - Business segments
• Exhibit 122: Air Liquide SA - Key news
• Exhibit 123: Air Liquide SA - Key offerings
• Exhibit 124: Air Liquide SA - Segment focus

• 12.4 BASF SE
• Exhibit 125: BASF SE - Overview
• Exhibit 126: BASF SE - Business segments
• Exhibit 127: BASF SE - Key news
• Exhibit 128: BASF SE - Key offerings
• Exhibit 129: BASF SE - Segment focus

• 12.5 Cervantes Distribution Inc. 
• Exhibit 130: Cervantes Distribution Inc. - Overview
• Exhibit 131: Cervantes Distribution Inc. - Product / Service
• Exhibit 132: Cervantes Distribution Inc. - Key offerings

• 12.6 CF Industries Holdings Inc. 
• Exhibit 133: CF Industries Holdings Inc. - Overview
• Exhibit 134: CF Industries Holdings Inc. - Business segments
• Exhibit 135: CF Industries Holdings Inc. - Key news
• Exhibit 136: CF Industries Holdings Inc. - Key offerings
• Exhibit 137: CF Industries Holdings Inc. - Segment focus

• 12.7 China Petrochemical Corp. 
• Exhibit 138: China Petrochemical Corp. - Overview
• Exhibit 139: China Petrochemical Corp. - Business segments
• Exhibit 140: China Petrochemical Corp. - Key offerings
• Exhibit 141: China Petrochemical Corp. - Segment focus

• 12.8 Colonial Chemical Inc. 
• Exhibit 142: Colonial Chemical Inc. - Overview
• Exhibit 143: Colonial Chemical Inc. - Product / Service
• Exhibit 144: Colonial Chemical Inc. - Key offerings

• 12.9 Cummins Inc.
• Exhibit 145: Cummins Inc. - Overview
• Exhibit 146: Cummins Inc. - Business segments
• Exhibit 147: Cummins Inc. - Key offerings
• Exhibit 148: Cummins Inc. - Segment focus

• 12.10 Dyno Nobel
• Exhibit 149: Dyno Nobel - Overview
• Exhibit 150: Dyno Nobel - Product / Service
• Exhibit 151: Dyno Nobel - Key offerings

• 12.11 Innoco Oil Pte. Ltd.
• Exhibit 152: Innoco Oil Pte. Ltd. - Overview
• Exhibit 153: Innoco Oil Pte. Ltd. - Product / Service
• Exhibit 154: Innoco Oil Pte. Ltd. - Key offerings

• 12.12 Midtex Oil L.P.
• Exhibit 155: Midtex Oil L.P. - Overview
• Exhibit 156: Midtex Oil L.P. - Product / Service
• Exhibit 157: Midtex Oil L.P. - Key offerings

• 12.13 Nissan Chemical Corp. 
• Exhibit 158: Nissan Chemical Corp. - Overview
• Exhibit 159: Nissan Chemical Corp. - Business segments
• Exhibit 160: Nissan Chemical Corp. - Key offerings
• Exhibit 161: Nissan Chemical Corp. - Segment focus

• 12.14 Nutrien Ltd.
• Exhibit 162: Nutrien Ltd. - Overview
• Exhibit 163: Nutrien Ltd. - Business segments
• Exhibit 164: Nutrien Ltd. - Key offerings
• Exhibit 165: Nutrien Ltd. - Segment focus

• 12.15 Shell plc
• Exhibit 166: Shell plc - Overview
• Exhibit 167: Shell plc - Business segments
• Exhibit 168: Shell plc - Key news
• Exhibit 169: Shell plc - Key offerings
• Exhibit 170: Shell plc - Segment focus

• 12.16 TotalEnergies SE
• Exhibit 171: TotalEnergies SE - Overview
• Exhibit 172: TotalEnergies SE - Business segments
• Exhibit 173: TotalEnergies SE - Key news
• Exhibit 174: TotalEnergies SE - Key offerings
• Exhibit 175: TotalEnergies SE - Segment focus

• 12.17 Yara International ASA. 
• Exhibit 176: Yara International ASA. - Overview
• Exhibit 177: Yara International ASA. - Business segments
• Exhibit 178: Yara International ASA. - Key news
• Exhibit 179: Yara International ASA. - Key offerings
• Exhibit 180: Yara International ASA. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 181: Inclusions checklist
• Exhibit 182: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 183: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 184: Research methodology
• Exhibit 185: Validation techniques employed for market sizing
• Exhibit 186: Information sources

• 13.5 List of abbreviations 
• Exhibit 187: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 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.

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