Summary – A New Market Study, “South Africa AdBlue Oil Research Report Information: Type, Application, Region and End-Use – Forecast Till 2024” Has Been Featured On Wiseguyreports.
AdBlue, also known as diesel exhaust fluid (DEF), is a blend or an aqueous solution of 32.5% urea and 67.5% of deionized water. It is primarily used as a consumable fluid in diesel and gasoline fuel-based vehicles. The product effectively reduces the emission of oxides of nitrogen by chemically reacting with the exhaust gases.
The South Africa AdBlue market was valued at USD 136.09 million in 2017 and is projected to register a healthy CAGR of 4.83% to attain a value mark of USD 188.00 million by the end of 2023. In terms of volume, the global market is expected to exhibit a CAGR of 4.24% to reach 327.14 kilo tons from 434.56 kilo tons. The major factor driving the growth of the South Africa AdBlue market is increasing adoption of passenger cars and commercial vehicles in Africa. Furthermore, changing lifestyles and increasing disposable income of the people in the country has resulted in the increased sale of automobiles, which is consequently expected to boost the demand for AdBlue.
The growing use of emission reduction products such as AdBlue in the agricultural machinery and construction equipment is expected to create lucrative opportunities for the manufacturers of AdBlue.
However, sluggish economic growth in South Africa on account of the looming macroeconomic factors is likely to hamper the market growth during the review period.
FIGURE 1 South Africa AdBlue Market, by Application, 2017 (%)
Source: MRFR Analysis
The South Africa AdBlue market has been segmented on the basis of technology and application. Based on technology, the market is bifurcated into exhaust gas recirculation and selective catalytic reduction. Among these, the selective catalytic reduction segment accounted for around 82% market share in 2017. By application, the market is categorized into automotive, farm machinery, construction machinery, electronic generators, railway engines, and others. The automotive segment accounted for the largest market share with a value of USD 84.7 million in 2017.
Some of the key players operating in the South Africa AdBlue market are BASF SE (Germany), Engen Petroleum Ltd (South Africa), and Viscol.co.za. (South Africa).
The South Africa AdBlue market was valued at USD 136.09 million in 2017 and is projected to reach USD 188.0 million by 2024 registering a healthy CAGR over the forecast period. The selective catalytic reduction segment accounted for over 82% of the market share in 2017 and is projected to reach USD 157.1 million by the end of the forecast period. The automotive segment emerged as the largest segment accounting for nearly 61% of the market share in 2017.
• AdBlue Manufacturers
• Traders and Distributors of AdBlue Oil
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• AdBlue preparation
• diesel selective catalytic reduction
• diesel engines
• emission reduction
• selective catalytic reduction technology,
• SCR technology
• aqueous urea solution
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