The global Diesel Exhaust Fluid (DEF) market size was USD 34.40 Billion in 2022 and is expected to register a steady revenue CAGR of 7.9 % during the forecast period, according to latest analysis by Emergen Research. Rising demand for Diesel Exhaust Fluid (DEF) owing to strict emissions regulations by governments of several countries is a major factor driving market revenue growth. The United States Environmental Protection Agency (EPA) has set regulations under Clean Air Act to limit emissions of Nitrogen Oxides (NOx) and other pollutants coming from heavy-duty diesel engines. EPA also has regulations, such as Cross-State Air Pollution Rule (CSAPR) and National Ambient Air Quality Standards (NAAQS), for power plants and industrial sources. Many manufacturers of diesel engines, particularly in the transportation industry, have begun equipping their engines with DEF systems for meeting these emissions regulations, which is expected to drive revenue growth of the market.  In addition, adoption of DEF along with rising demand in the commercial vehicle industry is expected to drive market revenue growth over the forecast period. This, in turn, will lead to more investments in production, distribution, and storage of DEF. However, shortages of DEF owing to price hike in urea is a major factor restraining market revenue growth. Globally, shortages of Diesel Exhaust Fluid (DEF) owing to increase in price of urea, is also restraining market revenue growth. Moreover, manufacturing shortages in Europe, disruptions caused by sanctions against Russia and Belarus, and trade restrictions in China, have also affected revenue growth of the market.

The latest research report by Emergen Research, named ‘Global Diesel Exhaust Fluid Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Diesel Exhaust Fluid Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Diesel Exhaust Fluid Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Diesel Exhaust Fluid Market  

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Diesel Exhaust Fluid market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

BASF SE, Castrol Limited, Yara International ASA, Exxon Mobil Corporation, Shell Plc, China Petrochemical Corporation, TotalEnergies S.E., Mitsui Chemicals, Inc., Valvoline Cummins Private Limited, CF Industries Holdings, Inc., ZF Friedrichshafen AG, and Gulf Oil Lubricants India Ltd., among others

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Emergen Research has segmented the global Diesel Exhaust Fluid market on the basis of type, application, end-use, and region:

  • Component Outlook (Revenue, USD Billion; 2019-2032)

    • SCR Catalyst
    • DEF Tank
    • DEF Injector
    • DEF Supply Module
    • Nox Sensors

  • Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)

    • Passenger Cars
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)

  • Supply Mode Outlook (Revenue, USD Billion; 2019-2032)

    • Cans
    • Intermediate Bulk Containers (IBC)
    • Bulks
    • Pumps

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Diesel Exhaust Fluid Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Diesel Exhaust Fluid Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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