Press release
Commercial Vehicle Urea Tank Market will reach 510 million US$ by 2025- QY Research, Inc.
Urea SCR cleans the exhaust after combustion. The urea solution is held in a separate storage tank and injected as a fine mist into the hot exhaust gases. The heat breaks the urea down into ammonia--the actual NOx-reducing agent. Through a catalytic converter, the ammonia breaks the NOx down to harmless nitrogen (N) gas and water vapor. The exhaust is no longer a pollutant; the atmosphere is about 80% nitrogen gas. The storage tank is urea tank.
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The Commercial Vehicle Urea Tank market is very concerted market; the revenue of top twelve manufacturers accounts about 68% of the total revenue in 2017. The high-end products mainly come from USA and Europe.
The leading manufactures mainly are Cummins, Elkhart Plastics, Centro Incorporated, Shaw Development and KUS Auto. Cummins is the largest manufacturer; its revenue of global market exceeds 13% in 2017.
Geographically, the global Commercial Vehicle Urea Tank market has been segmented into North America, Europe, China, Japan, RoA, and RoW. The North America held the largest share in the global market, its revenue of global market exceeds 41% in 2017. The next is Europe.
The global Commercial Vehicle Urea Tank market is valued at 380 million US$ in 2017 and will reach 510 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.
The major manufacturers covered in this report
Cummins
Elkhart Plastics
Centro Incorporated
Shaw Development
KUS Auto
Röchling Group
Salzburger Aluminium
Hitachi Zosen
Elkamet
SSI Technologies
Solar Plastics
KaiLong
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
United States
EU
China
Japan
South Korea
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
19 liters
38 liters
57 liters
114 liters
Other size
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
HD Off Road
HD On Road
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/183668/global-commercial-vehicle-urea-tank-market
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
QY Research, INC.
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