[PDF] Global Automotive Diesel Exhaust Fluid Market Is Staring At A Promising Future Owing To High Demand For 2021 – 2028 | China Petrochemical Corporation, BASF SE, Yara International, Royal Dutch Shell PLC

Overview:

Automotive diesel exhaust fluid is a fluid used to decrease the level of carbon monoxide emission made by a diesel engine. In particular, DEF is an aqueous diesel fuel-based solution prepared with 33.5% diesel and 66.5% synthetic water. This type of fluid can be used for all types of diesel engines including diesel locomotives, diesel trucks, diesel passenger vans, diesel motor coaches, diesel-powered aircraft, diesel-powered boats, and diesel-powered railcars. The only diesel engine that does not need this fluid is a gasoline engine. However, diesel engines do experience some problems that need repairs like puddling of the oil in the engine, puddling of the coolant in the radiator fluid, and the occurrence of drip puddling. In order to solve these problems, diesel exhaust fluid can be added to the engine exhaust system.

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There are many types of diesel exhaust gas including particulate filter gases, pre-filter gases, and post-filter gases. All these types of gas have different features and there are also some characteristics that depend on the type of engine it is used with. The most common one is the particulate filter gas, which functions to prevent dust, pollen, dirt, rust, dust particles, and other impurities from entering the engine combustion chamber.

The global automotive diesel exhaust fluid market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.

Drivers:

Increasing sales of automotive across the world are expected to fuel the growth of the global automotive diesel exhaust fluid market over the forecast period. For instance, according to Car Sales Statistics, in 2019, around 65.5 million vehicles were sold in the world. Moreover, the key market players focusing on various strategies and acquisitions along with several product launches are expected to create traction in the market.

Restraints:

The high cost of diesel vehicles is the main restraining factor that is expected to hinder the growth of the global automotive diesel exhaust fluid market.

Regional Insights:

With the increasing sales of passenger vehicles in the region, North America is expected to hold the major share of the global automotive diesel exhaust fluid market. For instance, according to American Automobile Association, in 2019, around 4.7 million passenger vehicles were sold in the US. Moreover, the increasing standard of living in the region is expected to enhance the market growth.

The Asia Pacific is expected to witness significant growth in the global automotive diesel exhaust fluid market owing to the presence of key market players in the region, along with increased investment in the automotive sector.

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Competitive Section:

Key players operating in the global automotive diesel exhaust fluid market include China Petrochemical Corporation, BASF SE, Yara International, Royal Dutch Shell PLC, and Total.

In September 2019 Shell Saudi Arabia (Refining) Limited and Saudi Arabian Oil Company (Saudi Aramco) announced that Aramco acquired 50% of Shell's SASREF Joint Venture in the Jubail Industrial City.

In September 2019, Cummins Inc. launched new innovations that are estimated to achieve low Nitrogen Oxide (NOx) emissions.

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