Diesel Exhaust Fluid (Adblue) Market Set to Surge - Key Insights You Must Know

Diesel Exhaust Fluid (Adblue) Market Size

The global Diesel Exhaust Fluid (Adblue) revenue was US$ 3074 million in 2022 and is forecast to a readjusted size of US$ 7724.2 million by 2029 with a CAGR of 13.9% during the forecast period (2023-2029).

AdBlue (DEF), the worldwide operating fluid for SCR vehicles, is a non-toxic solution that transforms harmful Nitrogen Oxide NOx emissions from diesel-powered vehicles into harmless water vapor and nitrogen. AdBlue (DEF) reduces NOx emissions in the exhaust gas system of SCR-equipped diesel vehicle, be it a truck, a bus, a tractor, a car, a van or an off-road vehicle.

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In India, the Diesel Exhaust Fluid (Adblue) revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).

AdBlue is a fragmented industry with a variety of manufacturers ranging from large multinational corporations to small privately owned companies. Leading players in AdBlue industry are Yara, CF Industries, BASF, GreenChem, Mitsui Chemicals and Kelas, etc. The top five producers account for about 66% of the market.

This report focuses on global and India Diesel Exhaust Fluid (Adblue) market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Diesel Exhaust Fluid (Adblue) will continue to grow rapidly in the future.

Global Diesel Exhaust Fluid (Adblue) Scope and Market Size

Diesel Exhaust Fluid (Adblue) market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Diesel Exhaust Fluid (Adblue) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.

For India market, this report focuses on the Diesel Exhaust Fluid (Adblue) market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By Type
• Pack (Below20L)
• Pack (20L~200L)
• Pack (200L~1000L)

By Application
• Commercial Vehicle
• Passenger Car

Key Companies
Yara, BASF, CF Industries, GreenChem, Mitsui Chemicals, Kelas, Borealis L.A.T, Sichuan Meifeng, Nissan Chemical, ENI S.p.A., Total, Cummins, Shell, BP, Novax, Liaoning Rundi

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