Diesel Exhaust Fluid (DEF) Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

The global DEF market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. One of the most rising segments in the vehicle industry is the SUV segment, which is fueling the growth of the DEF market. SUVs are highly useful and have been increasing as the family vehicle in the past few years owing to the huge interior space, more seats, larger cargo area, and high safety features such as ADAS, Autopilot, and emergency automotive braking, interconnected features, and others. The SUVs are known for having big diesel engines as compared to a sedan, hatchbacks, and others which also generate more NOx gases, hence most governments had implemented rules for installing a DEF system in vehicles with big diesel engines such as SUVs. This makes the SUVs much more efficient and pollution-free compared to the others. The demand has shown the rise in the production, sales, and new launches of the vehicles. As per the Bharat State 6 (BS6) Norms, since April 2020, a vehicle with more than 1,500 cc diesel engine has to have a DEF system in the vehicle to reduce the emission of NOx gases.

Moreover, to compete in the growing market, companies launched multiple new SUVs such as MG Astor, XUV 700, Skoda Kushaq, Audi Q3, Citroën C21 Compact SUV, Force Gurkha, Maruti Suzuki Jimny, and others. The market is expecting more new launches such as Jeep Meridian, Kia Carens, New-Gen Hyundai Tucson, and others in the upcoming years owing to the projected market growth.

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Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

Segment Covered-

· By Components

· By Vehicle Type

· By End Market

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

· Competitive Landscape- including BASF Group, Brenntag SE, Shell group, Sinopec Lubricant Co., TotalEnergies Lubrifiants, and others.

Diesel Exhaust Fluid (DEF) Market Report Segment

By Components

· SCR Catalyst

· Tank

· Injector

· Sensor

By Vehicle Type

· Passenger Vehicles

· Commercial Vehicles

By End Market

· Original Equipment Manufacturers (OEM)

· Aftermarket

A full Report of Diesel Exhaust Fluid (DEF) Market is Available @ https://www.omrglobal.com/industry-reports/diesel-exhaust-fluid-def-market

Diesel Exhaust Fluid (DEF) Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· API

· Blue Sky Diesel Exhaust Fluid

· CF Industries Holdings, Inc.

· Cummins Inc.

· Incitec Pvt. Ltd. (Dyno Nobel)

· KOST USA, Inc.

· Old World Industries, LLC

· Stockmeier Holding GmbH

· Yara International ASA

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

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