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AdBlue Market Trend

2021-07-22

According to Market Research Future (MRFR), the Adblue Market was valued USD 2650 Million in 2019 and is expected to witness substantial CAGR of 3.5% over the review period (2020-2027).

AdBlue Market Anticipated to Grow at Substantial CAGR of 3.5% during 2020 to 2027 | Diesel Exhaust Fluid Market to Thrive with Surge in the Number of Strict NOx Regulations, Reveals Market Research Future (MRFR)

Market Research Future


Key Players involved in the Adblue/ Diesel Exhaust Fluid Market are Alchem AG, BASF, Bosch, Daimler AG, Mitsui Chemical, Komatsu, Kruse Automotive, Fiat group automobiles, Nissan chemical, Shell, Yara, are some of the top vendors in the AdBlue industry.

According to Market Research Future (MRFR), the Adblue Market was valued USD 2650 Million in 2019 and is expected to witness substantial CAGR of 3.5% over the review period (2020-2027).

AdBlue/Diesel Exhaust Fluid helps bring down the level of air pollution that is caused by diesel engine. It is also called ARLA 32 or AUS 32 and is sold as AdBlue. AdBlue can be described as an aqueous urea solution that comprises 67.5% deionized water and 32.5% urea. The top reason for the bolstered demand for AdBlue can be the rise in strict NOx emission policies for commercial off-road engines and truck engines and the fact that engine developers are installing embedded selective catalytic reduction technology in their vehicles.

AdBlue’s escalating demand in major end-use industries like marine, aerospace and automotive, remains one of the key growth boosters in the global industry.

Future Market Growth Factors:

The AdBlue industry is thriving backed by the soaring number of carbon emission-based regulations, growing number of leading automakers following these norms and booming sales of commercial vehicles as well as passenger cars. The expanding automotive sector across various countries in Asia Pacific including Japan, China, Singapore and India along with the introduction of hybrid selective non-catalytic reduction (SNCR) technology in a number of passenger vehicles also present attractive opportunities to the top firms in the AdBlue market.

Rapid innovations in the catalytic technology, rising stringency in government regulations, and the expanding application scope of AdBlue in automotive, diesel-powered heavy industrial machinery, agricultural machinery industries also foster the market demand. On the competitive front, players are battling it out on the basis of product quality, brand name as well as cost, and are therefore, focusing on offering high quality AdBlue at lower prices.

 
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