Global Diesel Exhaust Fluid (AdBlue) 2021 | COVID-19 Impact Industry Analysis, In-Depth Analysis, Research, Growth, Latest Innovations, Revenue, Price and Gross Margin Study with Forecasts to 2023
Market Highlights
Global Diesel Exhaust
Fluid (AdBlue) Market is projected to witness healthy growth during the forecast period,
2019–2028. The market was valued at USD 13,676.7 Million in 2018 and
is expected to register a CAGR of 8.4% to reach USD
30,643.9 Million by the end of 2028. The increasing demand for diesel
exhaust fluid (AdBlue) is owed to the increase in regulations by the government
agencies and environmental concerns towards the emission of greenhouse gases
(GHGs). Greenhouse gases (GHGs) trapped in the atmosphere cause gradual heating
and affect the ozone layer, which protects the planet from harmful rays emitted
by the sun. The major GHGs are carbon dioxide (CO2), methane (CH4), nitrous
oxide (N2O), and fluorinated gases (hydrofluorocarbons, perfluorocarbons,
sulfur hexafluoride, and nitrogen trifluoride). The burning of fossil fuels
such as coal, natural gas, and oil, particularly from the transportation
sector, results in the emission of CO2. According to the World Health
Organization, around 4.2 million premature deaths globally are reported due to
outdoor air pollution—black carbon (BC) being the major contributor. According
to the US Environmental Protection Agency (EPA), in 2017, greenhouse gases
(GHGs) released by the transportation sector were 29% of the global emissions.
The high emission of GHGs has resulted
in the introduction of norms by several organizations about exhaust emission.
According to the data provided by the European Union (EU), the consumption of
energy is highest in the roadways segment—stands to 82%—while 18% is in the
aviation, rail, pipeline transport, and non-specific transport segments. Thus,
vehicular emissions highly contribute to GHG emissions. Various regulations
have been implemented by governments to limit these emissions. For instance,
the stages and legal framework for exhaust emissions of new vehicles sold in
the European Union and EEA member states are Euro 1, Euro 2, Euro 3, Euro 4,
Euro 5, and Euro 6 for light-duty vehicles and Euro I, Euro II, Euro III, Euro
IV, Euro V, and Euro VI for heavy-duty vehicles. As per EU directive: Euro
1–for passenger cars—91/441/EEC and for passenger cars and light
trucks—93/59/EEC; Euro 2–for passenger cars—94/12/EC (& 96/69/EC) and for
motorcycle—2002/51/EC (row A)—2006/120/EC; Euro 3–for any vehicle—98/69/EC and
for motorcycle—2002/51/EC (row B)—2006/120/EC; Euro 4–for any vehicle—98/69/EC (&
2002/80/EC); Euro 5–for light passenger and commercial vehicles—715/2007/EC;
and Euro 6–for light passenger and commercial vehicles—459/2012/EC and
2016/646/EU.
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The European emission standards are
also made for large vehicles and older ECE R49 cycle vehicles. Similar to the
European standards, the US EPA and the California Air Resources Board have
implemented their regulations regarding GHG emissions across the California Air
Resources Board (CARB) states, which include Connecticut, Delaware, Maine,
Maryland, Massachusetts, New Jersey, New Mexico, New York, Oregon,
Pennsylvania, Rhode Island, Vermont, Washington State, and Washington DC. The
EPA, however, adopted the Californian emissions standards in the 2016 model as
a national standard while collaborating with the California Air Resources Board
on stricter national emissions standards for the 2017–2028 model years. The
emission standards for lightweight vehicles are defined in the Clean Air Act
Amendment of 1990, which strictly restricts the emission of oxides of nitrogen
(NOx), carbon monoxide (CO), particulate matter (PM), non-methane organic gases
(NMOG), non-methane hydrocarbons (NMHC), and formaldehyde (HCHO).
Furthermore, various programs are
conducted in partnerships with countries and manufacturing companies with an
intent to lower GHG emissions. For instance, the US EPA had introduced
voluntary partnership programs in 2000, which in 2017 saved USD 37 billion and
avoided emissions of 433 million tons of carbon dioxide. This program consisted
of 40% of the Fortune 500 companies. The Climate and Clean Air Coalition (CCAC)
is another coalition between 68 countries, 76 non-state partners, 58
non-governmental organizations (NGOs), and over 125 private sector entities.
The CCAC focuses on the rapid reduction of diesel black carbon emissions, which
proposed a strategy by the CCAC Scientific Advisory Panel (SAP), in 2016. The
proposal intended to reduce near-term climate warming by an average of 0.5°C
over 25 years. To achieve this target, the emission of black carbon from all
sectors must fall to 75% below 2010 levels by 2030. The Heavy-Duty Vehicles
(HDV) Initiative of the CCAC released its global strategy in 2016 with the aim
of all countries to implement the vehicle emission and fuel quality
requirements equivalent to Euro 4/IV by 2028 and Euro 6/VI by 2030. These
collaborations between companies and countries will help to low the carbon
emission content at a faster rate, which is expected to increase the adoption
of diesel exhaust fluid and drive the growth of the global market during the
review period.
However, the electric vehicles market
has witnessed healthy growth in recent years. The electric vehicles market in
the Americas is expected to register healthy growth in the years to follow—the
US being the major contributor. Electric vehicles are replacing the use of an
internal combustion engine with batteries, which would reduce the use of fossil
fuels, SCR technology, and NOx catalyst, among others, which is expected to
hamper the demand for AdBlue during the forecast period. In the US, around
200,000 electric vehicles, both plug-in hybrid electric vehicles (PHEV) and
battery-electric vehicles (BEV), were sold in 2017, which is 1.15% of all cars
sold in 2017. However, it displayed a 26% increase from 2016, and the trend is
expected to continue in the years to follow.
Moreover, in 2018, approximately 208,000
new registrations for EVs were reported in the US, which is more than double as
compared to 2017. With the slew of internal combustion engine (ICE) vehicles
available in countries such as China, Germany, and France, EVs represent about
only 1% of the market share. The Euro series regulation regarding petrol and
diesel vehicles have influenced some of the countries in Europe to adopt
electric vehicles and ban fossil fuel cars. For instance, in 2016, Norway
announced its plan to ban petrol and diesel-based vehicles by 2028. The country
even introduced the polluter pays tax system, which imposed fines on fossil
fuel cars using toll roads and ferries depending on the emission rates and
making the otherwise services free for low or zero-emission vehicles. Due to
this in 2018, 135,000 electric vehicles were registered in the country. Thus,
the adoption of e-vehicles in the coming years, coupled with the effect of GHG
emissions and stringent government regulations across the globe are expected to
hamper the growth of the global diesel exhaust fluid (AdBlue) market during the
review period.
Segmental Analysis
According to MRFR analysis, the global
Diesel exhaust fluid (AdBlue) market has been segmented based on technology and
region.
AdBlue is primarily associated with the
SCR technology, thus by technology, MRFR has separately provided the market
estimates and forecast for Diesel Exhaust Fluid (DEF/AdBlue/SCR Technology) and
other Emission Control Technology. The other emission control technology is
further segmented Lean NOx Trap (LNT), Exhaust Gas Recirculation (EGR), Diesel
Oxidation Catalyst, and Others [Diesel Particulate Filter (DPF), Diesel
Oxidation Catalyst (DOC), and Lean NOx Catalyst (LNC)]. Selective
catalytic reduction (SCR) is an advanced active emissions control technology
for diesel engines, which uses diesel exhaust fluid (DEF) or AdBlue to reduce
the emission of NOx into the surrounding atmosphere. The technology also
significantly reduces the emission of PM, CO, and hydrocarbons. AdBlue is filled
in a separate tank in vehicles with SCR technology. DEF is injected in the
selective catalytic reduction (SCR) system, where it is heated in the exhaust
stream and decomposes into ammonia and CO₂. When the NOx from the engine exhaust
stream reacts inside the catalyst with the ammonia, the harmful NOx molecules
in the exhaust stream are converted to harmless nitrogen and water, which are
then released from the tailpipe of the vehicle. Typically, a diesel engine
requires about 3% DEF of the fuel. The increase in regulations coupled with the
rise in the sale of passenger vehicles in the coming years is expected to boost
the market during the review period.
Regional Analysis
Geographically, the global diesel exhaust fluid (AdBlue) market has been segmented into Asia-Pacific,
Europe, North America, Latin America, and the Middle East & Africa. As per
MRFR analysis, North America held the largest market share in 2018 and is
projected to exhibit a healthy CAGR of over 8.0% during the forecast period
owing to the stringent regulations and high rate of consumption of AdBlue in
the North American countries. However, the market in Asia-Pacific held the
largest market share of over 35% in 2018 and is projected to exhibit a healthy
CAGR of 8.63% during the forecast period. The growth of the other emission
control technologies segment can be mainly attributed to the rise in the sales
of heavy vehicles due to an increase in trade in the region and the increase in
the sale of passenger cars.
Key Findings of the
Study
- The global
diesel exhaust fluid (AdBlue) market was valued USD 13,676.7 million in
2018 and is projected to register a CAGR of 8.4% to reach USD 30,643.9
million by the end of 2028.
- Based on
technology, the global market for Diesel Exhaust Fluid (AdBlue) was
estimated to be valued at USD 13,676.7 million in 2018 and is projected to
grow at a robust CAGR of 8.40% to reach USD 30,643.9 million by the end.
Meanwhile, other emission control technology segment was valued USD
119,279.2 million in 2018 and is expected to reach a CAGR of 7.73% during
the forecast period.
- North America
accounted for the largest market share of 54.40% in 2018 for the global
market of Diesel Exhaust Fluid (AdBlue), and the market in Asia-Pacific
held the largest market share of over 35% in 2018, for the other emission
control technologies.
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Key Players
Market Research Future (MRFR)
recognizes the following companies as the Key Players in the Global Diesel
Exhaust Fluid (AdBlue) Market: BASF SE (Germany), Yara (Norway), Mitsui
Chemicals Inc (Japan), BP p.l.c (UK), Viscol.co.za (Republic of South Africa),
Engen Petroleum Ltd (South Africa), Borealis AG (Austria), Nissan Chemical
Corporation (Japan), GreenChem (The Netherlands), NOVAX Material &
Technology Inc (China), Royal Dutch Shell PLC (Netherlands), and Adeco doo
(Siberia).
Read more
related insights:
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Research Future:
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Global Diesel Exhaust Fluid (Adblue) Market Report 2020 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Diesel Exhaust Fluid (Adblue) industry. The key insights of the report:
ReplyDelete1.The report provides key statistics on the market status of the Diesel Exhaust Fluid (Adblue) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2020-2025 market development trends of Diesel Exhaust Fluid (Adblue) industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Diesel Exhaust Fluid (Adblue) Industry before evaluating its feasibility.
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