Global Diesel Exhaust Fluid Market is Expected to Reach $22.80 billion by 2023

Report Sellers has added a new market research report “Diesel Exhaust Fluid - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Diesel Exhaust Fluid Market is expected to grow from $9.95 billion in 2016 to reach $22.80 billion by 2023 with a CAGR of 12.5%. Some of the factors driving the market include, growing adoption of DEF filing pumps and strict emission regulations are increasing the demand for diesel SCR Vehicles. In addition, varying prices of urea and diesel, growing demand for electric vehicles are restricting the market growth. 

Light Commercial vehicles segment is expected to witness huge growth rate due to the fact that LCVs have large diesel tank capacity compared to that of passenger cars and thus the demand is growing for these vehicles. Diesel car gives higher efficiency which is increasing the demand in automotive sector. Also innovations such as catalytic converters and diesel exhaust fluid have thus become important for the automotive industry during the forecast period. 

Asia Pacific is dominating the market with the highest CAGR and the growth is attributed to the increasing production of vehicles in developing countries such as India and China. North America is leading the DEF market owing to high penetration of vehicles designed with SCR compared with other countries.

Some of the key players in global diesel exhaust fluid market include BASF SE , Cummins Inc, Potashcorp, CF International Holdings, Inc, Royal Dutch Shell PLC, Graco Inc, Total S.A. , Nissan Chemical Industries, Ltd, China Petrochemical Corporation (Sinopec), Air Liquide (Airgas), Yara International, Agrium Inc, Blue Sky, Downs Energy, Mitsui Chemicals Inc and GreenChem Solutions Ltd.

Browse through the complete description and in-depth TOC on “Global Diesel Exhaust Fluid Market”
https://www.reportsellers.com/market-research-report/Diesel-Exhaust-Fluid---Global-Market-Outlook-2017-2023

What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players 
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

 
Report Scope

Global Diesel Exhaust Fluid Market has been segmented by components covered, packaging types covered,vehicle types covered, power outputs covered, equipment solutions covered and regions covered

Components Covered:
Tank
Supply Module
SCR Catalyst
Sensor
Injector
Nox Sensor

Packaging Types Covered:
Bulk & Pump
Cans & Bottles
Intermediate Bulk Container (IBC)
Drums

Vehicle Types Covered:
Farm Machinery
Airport and Dockside Vehicles
Passenger Cars
Mobile and Static Cranes
Tractors
Mining Machinery
Dumper Trucks
Cranes
Construction Equipment

Power Outputs Covered:
101-200 HP 
>400 HP
80-100 HP
201-400 HP

Equipment Solutions Covered:
Hoses 
Mini-bulk Systems 
Box Delivery Trucks 
Tank Wagons 
Transport Trucks 
Certified Pumps 
Nozzles 
Bulk Delivery Trucks 

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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