Fr. Jun 28th, 2024

According to a report by TechSci Research, the global automotive diesel exhaust fluid market is expected to experience significant growth over the next five years. This growth is due to the increasing demand for diesel exhaust fluids resulting from the aging of vehicles. Diesel exhaust fluid is an aqueous urea solution that reduces pollution levels in automobiles. The market is being driven by improvements in road infrastructure and technological advancements. Additionally, rising affordability and GDP across various economies are leading to an increase in expenditure capacity and awareness for vehicle maintenance, respectively.

The market is divided into different vehicle types, including passenger cars, light commercial vehicles, medium and heavy commercial vehicles, and OTR. The light commercial vehicle segment is expected to hold the majority of the market share due to the growing production of light commercial vehicles worldwide. The adoption of SCV coupled with diesel exhaust fluid is boosting vehicle demand globally.

Browse XX Figures spread through XX Pages and an in-depth TOC on “Global Automotive Diesel Exhaust Fluid Market”.

https://www.techsciresearch.com/report/global-automotive-diesel-exhaust-fluid-market/7422.html

The market is further categorized based on supply mode, with pumps expected to dominate the market in the forecast period due to their cost-effectiveness and convenience.

Leading players in the global automotive diesel exhaust fluid market include Air Liquide (Airgas), Royal Dutch Shell PLC, BASF SE, Yara International, Nissan Chemical Industries, Ltd., Cf International Holdings, Inc, Brenntag AG, Graco Inc., Cummins Inc., and Nutrein Ltd. These manufacturers are focusing on research and development to meet evolving customer demand for better efficiency and durability, resulting in the development of technologically advanced offerings.

Overall, the global automotive diesel exhaust fluid market is being boosted by increasing demand for low greenhouse gas emissions, stringent government policies, and the surge in improvement of distribution of bulk chemical fluids. Additionally, the growth in sales of commercial vehicles is expected to further propel the market in the forecast period.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7422

Recent Developments –

  • TotalEnergies is set to expand in Mozambique by acquiring BP’s retail network, wholesale fuel business, and logistics assets, including a portfolio of business customers, 26 service stations, and 50% ownership in SAMCOL, a logistics company that operates fuel import terminals in Matola, Beira, and Nacala. This acquisition is expected to boost the sales of DEF products for TotalEnergies.
  • Meanwhile, in Nanjing, China, BASF and SINOPEC will expand their Verbund site by increasing the capacity of several downstream chemical plants, including a new plant for tert-butyl acrylate. This expansion will enable SINOPEC to enhance its DEF product distribution to meet the growing demand in the Chinese market.
  • In September 2019, Saudi Aramco acquired Shell’s 50% share of the SASREF Joint Venture in Jubail Industrial City, Saudi Arabia, for USD 631 million.

“In order to meet the requisite NOx standards for commercial and off-road engines, most engines are integrating selective catalytic reduction along with diesel exhaust fluid in automobiles. In addition, continued growth in construction sector is contributing to the increased demand for construction vehicles which use engines coolants, accelerating the demand for global automotive diesel exhaust fluid market till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Automotive Diesel Exhaust Fluid Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium and Heavy Commercial Vehicle, OTR), By Component (SCR Catalyst, DEF Tank, DEF Injector, DEF Supply Module, DEF Sensor, NOX Sensor), By Supply Mode (Cans & Bottles, Intermediate Bulk Container, Bulk, Pump), By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global automotive diesel exhaust fluid market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global automotive diesel exhaust fluid market.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7422

Related Reports:

Automatic Windscreen Wiper Market

Automotive Catalytic Converter Market

Global Connected Rail Market

Global Farm Tractors Market

About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Web: https://www.techsciresearch.com

Pressemitteilung teilen:

Schreibe einen Kommentar