Press release
Automotive Grade Urea Market to Accelerate with Growing Demand for AdBlue Solutions
Automotive Grade Urea Market SizeThe global Automotive Grade Urea market is projected to grow from US$ 5333 million in 2024 to US$ 7270.1 million by 2030, at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period.
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Global key players of Automotive Grade Urea include Yara, BASF, GreenChem, CF Industries, etc. The top four players hold a share over 67%.
Europe is the largest market, has a share about 43%, followed by Asia-Pacific and North America, with share 34% and 21%, separately.
In terms of product type, Pack (Below20L) is the largest segment, occupied for a share of 71%, and in terms of application, Commercial Vehicle has a share about 67%.
By Type
• Pack (Below20L)
• Pack (20L~200L)
• Pack (200L~1000L)
By Application
• Commercial Vehicle
• Passenger Car
• Off Highway Vehicle
Key Companies
Yara, BASF, GreenChem, CF Industries, Mitsui Chemicals, Borealis L.A.T, Fertiberia, Nissan Chemical, Kelas, Sichuan Meifeng, ENI S.p.A., TotalEnergies, Cummins, Shell, Novax, Liaoning Rundi
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