The diesel exhaust fluid market was valued at USD 34,763 million in 2022, and it is set to be USD 62,462 million by 2030, growing at a CAGR of 7.60% between 2022 and 2030, according to a research report by P&S Intelligence. 

The major reason boosting the development of the industry is the strict pollution rules, which are leading toward the increasing usage of selective catalytic decrease in diesel vehicles. diesel exhaust fluid works as an anti-pollution chemical, dropping the dangerous nitrogen oxide releases from internal combustion engines.

In 2022, the heavy commercial vehicles category had the largest revenue market share of above 50%, and projected to continue with the leading position in the future as well. 

This development can be credited to the snowballing demand for HCVs in emerging economics throughout the world. This will indeed, boost the consumption of diesel fuel, which is a key factor for GHG releases. thus, governments have forced strict emission limits, due to which the use of DEF is growing to limit NOx emissions.

Get More Insights : Diesel Exhaust Fluid Market and Demand Forecast Report 2030

In 2022, the North America diesel exhaust fluid market  had the largest revenue share, of 44%, and projected to continue with the leading position in the future as well. The region’s economies, which is one of the most enhanced globally, are now concentrating more on sustainable growth and ecological protection. Because of the huge industrial centres and the requirement to enable the transportation of manufactured goods to the marketplace have fuelled the need for heavy- and medium-duty vehicles in the continent.

In past few years, there has been a surge in the concentration on sustainable farming methods. In North American and European nations, there has been a surge in the importance on cleaner fuel to function off-road equipment and agricultural pumps, including combine harvesters and tractors. Like on-roads vehicles, DEF is utilized in farming equipment to decrease the release of damaging gases.

Hence, because of the strict pollution rules, the industry is leading toward the increasing usage of selective catalytic decrease in diesel vehicles, will drive the in future.