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Diesel Exhaust Fluid Market

Diesel Exhaust Fluid Market Size and Segment By Vehicle Type (Passenger Cars, LCVs, HCVs), By Component (SCR Catalysts, DEF Tanks, DEF Injectors, DEF Supply Modules, DEF Sensors, NOx Sensors), By Application (Agricultural Tractors, Construction Equipment), By Supply Mode (Cans & Bottles, IBCs, Bulk, Pumps), End Use Market (OE, Aftermarket), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/C&M/1696 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Diesel Exhaust Fluid Market Size was valued at USD 30.21 billion in 2021, and expected to reach USD 52.11 billion by 2028, and grow at a CAGR of 8.1% over the forecast period 2022-2028. DEF is a mixture of 32.5 percent urea and 67.5 percent deionized water that is odourless, colourless, and non-flammable. The standardised AUS 32 form is used as a consumable in selective catalytic reduction (SCR) to reduce the concentration of nitrogen oxides (NOx) in diesel exhaust emissions from diesel engines. Inside the exhaust pipe, DEF vaporises and decomposes into ammonia and carbon dioxide, which react with oxygen and harmful nitrogen oxides in the vehicle's selective catalytic reduction (SCR) catalyst. As a result, nitrogen, water vapour, and carbon dioxide are produced. Because DEF's shelf life is closely proportional to its storage temperature, specific storage containers constructed of polyethylene plastic or stainless steel are employed to maintain its purity.

Diesel Exhaust Fluid Market Revenue Graph

Market Dynamics:

Drivers:

  • Increasing average age of vehicles.

  • Improving infrastructure.

Restraints:

  • Changing costs of raw materials.

  • Increasing demand for electric cars 

Opportunity:

  • The building business is increasing

  • The diesel vehicle penetration is decreasing 

Challenge:

  • Urea price Fluctuation.

Impact of Covid-19:

The COVID-19 outbreak, which resulted in a decrease in car manufacturing, average vehicle miles driven, and sales. Due to supply chain constraints, labour availability, and government preventative directives, vehicle sales and manufacture are unlikely to resume fully once the lockdowns are removed. In this scenario, the COVID-19 outbreak is expected to have a moderate impact on the diesel exhaust fluid business. Major automobile-producing countries such as China, Japan, Germany, and the United Kingdom have all been hit hard by the plague. Car sales and average kilometres driven in these countries are expected to plummet by 2020. Given the current situation, the diesel exhaust fluid market is predicted to contract Y-o-Y in 2020.

The planned recovery of the automobile industry is likely to boost DEF demand, which would, in turn, boost the diesel exhaust fluid market.

Key players:

Old World Industries, LLC, Yara International ASA, Blue Sky Diesel Exhaust Fluid., Cummins Filtration, KOST USA, Inc., STOCKMEIER Group, The Potash Corporation of Saskatchewan, Certified DEF, CF Industries Holdings, Inc., Dyno Nobel, and other players.

Market Segmentation:

By Vehicle Type

  • Passenger Cars

  • LCVs

  • HCVs

By Component

  • SCR Catalysts

  • DEF Tanks

  • DEF Injectors

  • DEF Supply Modules

  • DEF Sensors

  • NOx Sensors

By Application

  • Agricultural Tractors

  • Construction Equipment

By Supply Mode

  • Cans & Bottles

  • IBCs

  • Bulk

  • Pumps

End Use Market

  • OE

  • Aftermarket

Diesel Exhaust Fluid Market Segment Pie Chart

REGIONAL COVERAGE

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Diesel Exhaust Fluid Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 30.21 Billion
Market Size by 2028 US$ 52.11 Billion
CAGR CAGR of 8.1% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Vehicle Type (Passenger Cars, LCVs, HCVs)
• By Component (SCR Catalysts, DEF Tanks, DEF Injectors, DEF Supply Modules, DEF Sensors, NOx Sensors)
• By Application (Agricultural Tractors, Construction Equipment)
• By Supply Mode (Cans & Bottles, IBCs, Bulk, Pumps), End Use Market (OE, Aftermarket)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Old World Industries, LLC, Yara International ASA, Blue Sky Diesel Exhaust Fluid., Cummins Filtration, KOST USA, Inc., STOCKMEIER Group, The Potash Corporation of Saskatchewan, Certified DEF, CF Industries Holdings, Inc., Dyno Nobel, and other players.
DRIVERS • Increasing average age of vehicles.
• Improving infrastructure.
Restraints • Changing costs of raw materials.
• Increasing demand for electric cars


Frequently Asked Questions (FAQ) :

Ans: Key stakeholders considered in the study:
Raw material vendors
distributors/traders/wholesalers/suppliers
regulatory authorities, including government agencies and ngo
commercial research & development (r&d) institutions
importers and exporters
government organizations, research organizations, and consulting firms
trade/industrial associations
end-use industries are the stake holder of this report

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: The COVID-19 outbreak, which resulted in a decrease in car manufacturing, average vehicle miles driven, and sales. Due to supply chain constraints, labour availability, and government preventative directives, vehicle sales and manufacture are unlikely to resume fully once the lockdowns are removed. In this scenario, the COVID-19 outbreak is expected to have a moderate impact on the diesel exhaust fluid business. Major automobile-producing countries such as China, Japan, Germany, and the United Kingdom have all been hit hard by the plague.

 

Ans: Urea price Fluctuation are the challenges faced by the Diesel Exhaust Fluid Market.

 

Ans: Diesel Exhaust Fluid Market Size was valued at expected to reach USD 52.11 billion by 2028 and USD 30.21 billion in 2021 and  grow at a CAGR of 8.1 % over the forecast period 2022-2028.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Diesel Exhaust Fluid Market Segment, By Vehicle Type

8.1 Passenger Cars

8.2 LCVs

8.3 HCVs

 

9. Diesel Exhaust Fluid Market Segment, By Component

9.1 SCR Catalysts

9.2 DEF Tanks

9.3 DEF Injectors

9.4 DEF Supply Modules

9.5 DEF Sensors

9.6 NOx Sensors

 

10. Diesel Exhaust Fluid Market Segment, By Application

10.1 Agricultural Tractors

10.2 Construction Equipment

 

11. Diesel Exhaust Fluid Market Segment, By Supply Mode

11.1 Cans & Bottles

11.2 IBCs

11.3 Bulk

11.4 Pumps

 

12. Diesel Exhaust Fluid Market Segment, End Use Market

12.1 OE

12.2 Aftermarket

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

10.6Latin America

13.6.1Brazil

13.6.2Argentina

13.6.3 Rest of Latin America

 

 

14. Company Profile

14.1 Old World Industries, LLC

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 The Potash Corporation of Saskatchewan

14.3 Yara International ASA

14.4 Certified DEF

14.5 Blue Sky Diesel Exhaust Fluid.

14.6 CF Industries Holdings, Inc.

14.7 Cummins Filtration

14.8 Dyno Nobel

14.9 KOST USA, Inc.

14.13 STOCKMEIER Group

 

15.Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

 

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Secondary Research

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