Diesel Exhaust Fluid Market to Expand at a Healthy CAGR of 7.1% over 2017-2022

Diesel exhaust fluid or AdBlue is an aqueous solution produced by using urea and deionized water with volume percentages of 32.5 percent and 67.5 percent respectively. It is a fluid used in the treatment of harmful nitrogen oxide (NOX) emissions from diesel motor, through a selective catalyst (SCR) process to decompose nitric oxide into Nitrogen and Water.EF vaporizes and decomposes in the exhaust pipe into ammonia and carbon dioxide which reacts to a catalyst of selective catalyst reduction (SCR) in the vehicle with oxygen and harmful nitrogen oxides. As a result, nitrogen, water vapor and carbon dioxide are produced.DEF is directly related to the temperature at which the DEF is stored and is therefore used to maintain its quality with special storage tanks composed of polyethylene or stainless steel.

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The information Presented in this Review is Based on Press-Release by TMR

A comprehensive market study with focus on its drivers, restrictions, trends and opportunities is provided by the report on the global exhaust diesel liquid market. The report also examines the impact of the product on related sectors and industries. The global reports provide an insight into the various strategies existing market vendors can undertake with a view to attracting new players to the industry, along with an analysis of entry obstacles. The report acts as a comprehensive guide on the global market for diesel exhaust fluid over the mentioned period of forecast.

According to TMR analysts, the global diesel exhaust fluid market is anticipated to generate value of US$14.4 bn by the end of forecast period in 2022. In 2017, the market earned US$10.4 bn. The market is likely to progress at healthy growth rate of 7.4% between 2017 and 2022.The global market for diesel exhaust fluids is classified by packaging size, type of vehicle, package size, and equipment solution. For the packaging sector, demand will rise significantly over the coming years in the bottles segment (1 and 2,5 gallons). Because of the diversity of usability and increased use of these bottles, these bottles are very popular.

The market is divided into cars, mobile and static vehicles, mobile cranes, agricultural machinery, building equipment, tractors, cranes, mining machinery, dumps, and others, according to vehicles type. The market is also divided into box delivery trucks, certified pumps, nozzles, hoses, mini-voltage systems, cars, tank cars and bulk cars within the category of solution equipment.