Diesel Exhaust Fluid Market 2018 Global Major Key Players: Shaw Development LLC, CF Industries Holdings, The McPherson Companies, BASF SE, Blue Sky Diesel Exhaust Fluid, Brenntag AG, Carson and Mitsui Chemicals

Global Diesel Exhaust Fluid Market Information Report by Storage Solution (Bulk Storage, Tanks, Portable Containers, Dispensers, Others), Vehicle Type (Passenger Vehicle and Commercial Vehicle), End Market (OEM and Aftermarket), and region.

Market Highlights

Diesel exhaust fluid is a non-hazardous solution, consisting 32.5% urea and 67.5% de-ionized water. This urea solution is consumed during selective catalytic reduction (SCR), which is sprayed into the exhaust stream. It is burnt at very high temperatures for breaking harmful nitrogen oxides produced by diesel engines into harmless nitrogen and water. The market is driven by various factors such increase in the use of selective catalytic reduction technology, stringent government regulations for the use of diesel exhaust fluid, and increase in production of vehicles. The diesel exhaust fluid has various constraints that hinder the market such as increase in sale of electric vehicles has restrained the use of diesel exhaust fluid.

On the basis of region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. North America accounts for the largest share of 56.49% in the global diesel exhaust fluid industry market in 2016. In 2015, CF Industries had started a new urea plant in Donaldsonville in order to cater North America region. North America is mainly dependent on import of nitrogen, due to which the market is expected to growth in the forecast period. This dependency on nitrogen will lead to the growing consumption of urea, which will drive the diesel exhaust fluid market. About half of the urea that is produced in U.S. is consumed as solid fertilizers, and more than 25% of urea is consumed to produce nitrogen based solutions. This increase in the consumption of urea is expected to drive the growth of diesel exhaust fluid market. The diesel exhaust fluid market is expected to grow at CAGR of 9.04% during the forecast period. Asia Pacific is second largest market during the forecast period. Asia Pacific is one of the largest consumer of fertilizers in the world due to increase in the consumption of nitrogen and urea. The major dependency of urea in India is due to the imports of nitrogen and phosphate. This dependency will lead to the growth of the urea market, which will indirectly drive the growth of diesel exhaust fluid market. The consumption of fertilizers in South Asia is more as compared to other region due to which Asia Pacific is expected to be the largest market in the forecast period.

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Scope of the Report

This study provides an overview of the global diesel exhaust fluid market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global diesel exhaust fluids market by its technology, vehicle type, end-use, and region

By Storage solution

Bulk Storage
Tanks
Portable Containers
Dispensers
Others
Global Diesel Exhaust Fluid Market, By Vehicle Type

Commercial Vehicles
Passenger Vehicles
Global Diesel Exhaust Fluid Market, By End Market

Aftermarket
OEMs
By Region

North America
Europe
Asia Pacific
Rest of the World
Key Players

The key players in diesel exhaust fluid market are Cummins Filtration (U.S.), Nissan Chemical Industries (Japan), Yara International (Norway), Shaw Development LLC (U.S.), CF Industries Holdings (U.S.), The McPherson Companies (U.S.), BASF SE (Germany), Blue Sky Diesel Exhaust Fluid (DEF) (U.S.), Brenntag AG (Germany), Carson (Portland) and Mitsui Chemicals, Inc. (Japan).

The report for Global Diesel Exhaust Fluid Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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