Diesel Exhaust Fluid Market : 38% of Growth to Originate from North America, Evolving Opportunities with BASF SE & CF Industries Holdings Inc. -Technavio

 The diesel exhaust fluid market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The diesel exhaust fluid market report offers information on several market vendors, including BASF SE, CF Industries Holdings Inc., China Petrochemical Corp., Cummins Inc., L'Air Liquide SA, Nissan Chemical Corp., Nutrien Ltd., Royal Dutch Shell Plc, Total SA, and Yara International ASA among others.

• BASF SE - The company offers AdBlue that meets all EURO 4, 5, and 6 objectives and reduces fuel consumption, and optimizes engine output.
• CF Industries Holdings Inc. - The company offers diesel exhaust fluid which is used as a consumable in selective catalytic reduction (SCR) in order to lower NOx concentration in the diesel exhaust emissions from diesel engines. The company's diesel exhaust fluid meets the quality requirements defined by ISO22241-1
• China Petrochemical Corp. - The company offers diesel exhaust fluid in different variants which are sold in pallet jugs, gallon drums, and gallon totes.
• Cummins Inc. - The company offers diesel exhaust fluid of various packaging sizes, including 1, 2.5, and 5-gallon bottles, 55-gallon drums, 275-gallon disposable totes, 330-gallon totes, and bulk.
• L'Air Liquide SA - The company offers AiRx diesel exhaust fluid that is used in selective catalytic reduction (SCR) technology to reduce harmful diesel exhaust pollutants.
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• Market Driver - The increasing production of vehicles and rising health and environmental concerns due to Nox emissions are some of the key market drivers.
• Market Challenges - The factors such as the decrease in the demand for diesel engine vehicles will challenge market growth

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The diesel exhaust fluid market report is segmented by Geography (North America, APAC, South America, Europe), Vehicle type (commercial vehicles, non-road vehicles, passenger vehicles, and trains), and Pack size (bulk, cans and bottles, and IBCs and drums).

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• The TPEE market share in the automotive industry is expected to increase to USD 139.26 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.77%. 
• The glycolic acid market share is expected to increase to USD 140.26 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.77%.

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by vehicle type

• Market segments
• Comparison by vehicle type
• Commercial vehicles - Market size and forecast 2020-2025
• Non-road vehicles - Market size and forecast 2020-2025
• Passenger vehicles - Market size and forecast 2020-2025
• Trains - Market size and forecast 2020-2025
• Market opportunity by vehicle type

Market Segmentation by pack size

• Market segments
• Comparison by pack size
• Bulk - Market size and forecast 2020-2025
• Cans and bottles - Market size and forecast 2020-2025
• IBCs and drums - Market size and forecast 2020-2025
• Market opportunity by pack size

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2020-2025
• APAC - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• BASF SE
• CF Industries Holdings Inc.
• China Petrochemical Corp.
• Cummins Inc.
• L'Air Liquide SA
• Nissan Chemical Corp.
• Nutrien Ltd.
• Royal Dutch Shell Plc
• Total SA
• Yara International ASA

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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SOURCE Technavio