Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The global diesel exhaust fluid industry is dominated by the North America region. Light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs) need a high dosage of diesel exhaust fluid and North America accounts for the largest share of Light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs) as compared to the rest of the world. Diesel exhaust fluid, along with selective catalytic reduction (SCR) is used to reduce concentration of nitrogen oxides (NOx), resulting in reduction of emission from diesel engines. Nitric oxide (NOx) emissions are hazardous gases that cause air pollution and often criticised for acid rain and greenhouse effect. The market is booming because of the rising concern for the environment resulting from harmful nitrogen oxides emission. Government has imposed numerous rules and regulations to uplift the use, keeping the environment in their minds. Demand for SCR is expected to increase because of stringent emission regulations implemented by the government. Due to advanced design of SCR systems, the engine remains in a better position and chances of wear and tear are reduced. This reduces the maintenance cost and energy and the engine is less likely to break down, which makes the vehicle more reliable. Vehicles with diesel exhaust fluids give better performance as compared to those without using it. Factors like standardisation of tanks for diesel exhaust fluid in buses, improving infrastructure, increase in the number of vehicles on roads, rise in average miles driven, demand for diesel engines, replacement cycles of DEF, and rising concerns towards maintenance of vehicles, amongst others are some parameters fuelling the demand for diesel exhaust fluids.
The rising competition among the key players is also providing an impetus to the market growth. In February 2021, Royal Dutch Shell PLC (NYSE: RDS.A) set out its strategy that will provide net-zero emission energy products and services, drive down carbon emission and will deliver value to shareholders, customers, and society. The products will have the lowest environmental impact and will establish strength to build on their competitive portfolio.
Market Analysis by Components, Supply Model, Application, Vehicle types, and Regions:
Key Findings of the Report:
Key Offerings of the report:
The major players in the global diesel exhaust fluid market are Yara International ASA, Royal Dutch Shell PLC, BASF SE, The McPherson Companies, and Nissan Chemical Industries, Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.