AdBlue Market: By Type (Packaging, Equipment, and Others), By Usage Method (Pre-Combustion, Post-Combustion, and Others), By Application (Commercial Vehicles, Cars and Passenger Vehicles, Non-Road Mobile Equipment, Railways, and Other) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast 2027
|ID: VPR/CR/1279||Publishing Year: December 2021||Pages: 185||Format:|
AdBlue Market Overview:
Global AdBlue Market was valued at $ 26.39 billion in 2020 and is expected to reach $ 37.27 billion by 2027, registering a CAGR of 5.06% from 2021 to 2028.
AdBlue is a highly purified liquid solution made up of deionized water and urea. In AdBlue, the percentages of urea and deionized water are 32.5 % and 67.5 %, respectively. AdBlue is a colorless, odorless, and transparent liquid that is also known as diesel exhaust fluid (DEF). AdBlue (DEF) lowers NOx emissions in your SCR-equipped diesel vehicle's exhaust gas system, whether it's a truck, a bus, a tractor, a car, a van, or an off-road vehicle.
Significantly improved infrastructure, increasing industrialization, and a rise in demand for commercial vehicles are pushing the AdBlue Market forward. Another element that contributes to company development is the cheap cost of manufacturing. In addition, the growing demand for AdBlue in agricultural equipment such as tractors, pumps, and harvesters is propelling AdBlue Market development. However, people's aversion to installing SCR and the complete system of diesel exhaust fluid tank because of the high cost are limiting considerations for the AdBlue business. Furthermore, the lack of stringent emission regulation requirements in undeveloped or emerging nations limits the AdBlue market's development.
Impact of COVID-19 on the AdBlue Market
With COVID-19, the world AdBlue Market was thrown into chaos; because diesel consumption fell, commodities movement was severely curtailed, customers went into lockdown mode, and the retail, transportation, and hotel sectors all suffered. As a result, the coronavirus has had a significant effect on the worldwide AdBlue industry. When cars are operating, AdBlue is absorbed. As a result, reduced freight activity means lower fuel consumption, which in turn means lower AdBlue use. In terms of business strategies, the major players have been searching for methods to decrease freight activity in the near term in order to better understand the effect of the significant drop in Demand on AdBlue volumes. There is a scarcity of statistics on diesel use in many nations.
- Nissan chemical
- Daimler AG
- Alchem AG
- Fiat group automobiles
- Kruse Automotive
By Type, The AdBlue Market is divided into three categories: packaging, equipment, and others. The Packaging category had the most market share and is expected to continue to do so during the projected period. The packaging sector is experiencing a lot of development and product innovation, which is helping it expand.
The AdBlue Market is divided into three categories based on the usage method: pre-combustion, post-combustion, and others. Because of the increased usage of SCR, the post-combustion sector has the largest market share.
Commercial vehicles, cars and passenger vehicles, non-road mobile equipment, railways, and other applications make up the market. The category of automobiles and passenger vehicles had the largest market share. This is owing to a number of laws and regulations that governments across the globe have adopted to limit emissions from passenger cars.
Due to increased usage of heavy, medium, and light-duty on-road vehicles, passenger cars, and non-road mobile machinery sectors such as agricultural, manufacturing, forestry, and mining equipment, Europe leads the worldwide AdBlue industry. The usage of AdBlue in the region's cars is also driven by the need for improved air quality for public health and the environment. The demand for better air quality for public health and the environment is also driving the use of AdBlue in the region's vehicles. Due to greater government efforts to promote the growth of the automotive industry, improved understanding of the detrimental effects of fuel combustion on the environment, and growing urbanization, the Asia Pacific region is projected to grow at the fastest pace.
Frequently Asked Questions
Type Here for table of content.
( +91-935-919-4956 )
( +91-935-919-4956 )