Diesel exhaust fluid (DEF) is a solution comprising urea and deionized water, utilized in diesel engines featuring selective catalytic reduction (SCR) technology. Its purpose is to diminish harmful nitrogen oxide (NOx) emissions by converting them into harmless nitrogen and water vapor, aiding vehicles in meeting emissions standards.
The key component types of DEF encompass a selective catalytic reduction (SCR) catalyst, a DEF tank, a DEF injector, a DEF supply module, a DEF sensor, among others. The SCR catalyst plays a crucial role in reducing NOx emissions within the diesel exhaust system. DEF is distributed in various supply modes such as cans, bottles, intermediate bulk containers (IBC), bulk, etc., catering to vehicle types such as passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). End users typically include original equipment manufacturers (OEMs) and the aftermarket.
The diesel exhaust fluid market research report is one of a series of new reports that provides diesel exhaust fluid market statistics, including diesel exhaust fluid industry global market size, regional shares, competitors with an diesel exhaust fluid market share, detailed diesel exhaust fluid market segments, market trends and opportunities, and any further data you may need to thrive in the diesel exhaust fluid industry. This diesel exhaust fluid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The diesel exhaust fluid market size has grown strongly in recent years. It will grow from $33.9 billion in 2023 to $36.83 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth during the historic period can be attributed to several factors, including stringent emission regulations, the adoption of selective catalytic reduction (SCR) technology, increased sales of commercial vehicles, expansion of industrial and agricultural sectors, growth in freight transportation, awareness and compliance initiatives, and infrastructure development.
The diesel exhaust fluid market size is expected to see strong growth in the next few years. It will grow to $51.5 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. In the forecast period, growth can be attributed to increased production of diesel vehicles, electrification of fleet management, expansion in marine and rail applications, urbanization, infrastructure projects, rising aftermarket sales, sustainability efforts, and environmental goals. Major trends anticipated in this period include technological advancements in DEF production, integration with telematics and IoT, development of alternative emission reduction technologies, expansion of DEF refilling infrastructure, adoption of digital platforms for supply chain management, biodegradable and eco-friendly DEF alternatives, and enhanced DEF quality standards.
The diesel exhaust fluid market is poised for growth due to increasing interest in heavy-duty vehicles. These vehicles, designed for tough tasks such as long-distance transportation and industrial use, are gaining popularity for their reliability and efficiency. Manufacturers are integrating diesel exhaust fluid (DEF) systems into these vehicles to meet emissions regulations, reduce environmental impact, and improve fuel efficiency. This trend supports sustainability efforts while meeting modern transportation demands. For example, heavy truck production in April 2024 reached 9.71 million units, showing significant growth from earlier in the year, according to the Board of Governors of the Federal Reserve System.
Major players in the diesel exhaust fluid market are focusing on innovations such as specialized additives for DEF systems. These additives address specific challenges and enhance the performance of Selective Catalytic Reduction (SCR) systems in diesel vehicles. For instance, Liqui Moly GmbH launched an additive designed for AdBlue or DEF in February 2024. This additive, DEF Anti Crystal Additive Concentrate, protects the SCR system from damage due to crystallization and freezing of AdBlue, ensuring functionality even in sub-zero temperatures.
In October 2023, Cummins Inc. acquired two commercial vehicle manufacturing plants from Faurecia SE. This acquisition strengthens Cummins' position in low-emission products and enhances its capabilities in the commercial vehicle exhaust after-treatment market. Faurecia SE, known for its expertise in vehicle exhaust fluid systems, contributes to Cummins' commitment to meeting industry demands and ensuring continuity for employees and customers.
Major companies operating in the diesel exhaust fluid market are Sinopec Group, Shell PLC, TotalEnergies SE, Mitsui Chemicals Inc., BASF SE, Honeywell International Inc., Air Liquide S.A., Cummins Inc., Yara International ASA, Brenntag AG, CF Industries Holdings Inc., Graco Inc., Nissan Chemical Corporation, Wien Energie GmbH, Agrium Inc., McPherson Company, GreenChem Industries LLC, Sun Exchange AG, Ahuja Global Corporation, Electrify Asia Limited, Pexapark, Share And Charge GmbH, SunContract Pte. Ltd., LO3 Energy Inc, Electron Pty Ltd, FlexiDAO GmbH.
North America was the largest region in the diesel exhaust fluid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the diesel exhaust fluid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the diesel exhaust fluid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The diesel exhaust fluid market includes sales of products such as DEF dispensing equipment, storage solutions, pumping systems, and nozzles and hoses. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The key component types of DEF encompass a selective catalytic reduction (SCR) catalyst, a DEF tank, a DEF injector, a DEF supply module, a DEF sensor, among others. The SCR catalyst plays a crucial role in reducing NOx emissions within the diesel exhaust system. DEF is distributed in various supply modes such as cans, bottles, intermediate bulk containers (IBC), bulk, etc., catering to vehicle types such as passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). End users typically include original equipment manufacturers (OEMs) and the aftermarket.
The diesel exhaust fluid market research report is one of a series of new reports that provides diesel exhaust fluid market statistics, including diesel exhaust fluid industry global market size, regional shares, competitors with an diesel exhaust fluid market share, detailed diesel exhaust fluid market segments, market trends and opportunities, and any further data you may need to thrive in the diesel exhaust fluid industry. This diesel exhaust fluid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The diesel exhaust fluid market size has grown strongly in recent years. It will grow from $33.9 billion in 2023 to $36.83 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth during the historic period can be attributed to several factors, including stringent emission regulations, the adoption of selective catalytic reduction (SCR) technology, increased sales of commercial vehicles, expansion of industrial and agricultural sectors, growth in freight transportation, awareness and compliance initiatives, and infrastructure development.
The diesel exhaust fluid market size is expected to see strong growth in the next few years. It will grow to $51.5 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. In the forecast period, growth can be attributed to increased production of diesel vehicles, electrification of fleet management, expansion in marine and rail applications, urbanization, infrastructure projects, rising aftermarket sales, sustainability efforts, and environmental goals. Major trends anticipated in this period include technological advancements in DEF production, integration with telematics and IoT, development of alternative emission reduction technologies, expansion of DEF refilling infrastructure, adoption of digital platforms for supply chain management, biodegradable and eco-friendly DEF alternatives, and enhanced DEF quality standards.
The diesel exhaust fluid market is poised for growth due to increasing interest in heavy-duty vehicles. These vehicles, designed for tough tasks such as long-distance transportation and industrial use, are gaining popularity for their reliability and efficiency. Manufacturers are integrating diesel exhaust fluid (DEF) systems into these vehicles to meet emissions regulations, reduce environmental impact, and improve fuel efficiency. This trend supports sustainability efforts while meeting modern transportation demands. For example, heavy truck production in April 2024 reached 9.71 million units, showing significant growth from earlier in the year, according to the Board of Governors of the Federal Reserve System.
Major players in the diesel exhaust fluid market are focusing on innovations such as specialized additives for DEF systems. These additives address specific challenges and enhance the performance of Selective Catalytic Reduction (SCR) systems in diesel vehicles. For instance, Liqui Moly GmbH launched an additive designed for AdBlue or DEF in February 2024. This additive, DEF Anti Crystal Additive Concentrate, protects the SCR system from damage due to crystallization and freezing of AdBlue, ensuring functionality even in sub-zero temperatures.
In October 2023, Cummins Inc. acquired two commercial vehicle manufacturing plants from Faurecia SE. This acquisition strengthens Cummins' position in low-emission products and enhances its capabilities in the commercial vehicle exhaust after-treatment market. Faurecia SE, known for its expertise in vehicle exhaust fluid systems, contributes to Cummins' commitment to meeting industry demands and ensuring continuity for employees and customers.
Major companies operating in the diesel exhaust fluid market are Sinopec Group, Shell PLC, TotalEnergies SE, Mitsui Chemicals Inc., BASF SE, Honeywell International Inc., Air Liquide S.A., Cummins Inc., Yara International ASA, Brenntag AG, CF Industries Holdings Inc., Graco Inc., Nissan Chemical Corporation, Wien Energie GmbH, Agrium Inc., McPherson Company, GreenChem Industries LLC, Sun Exchange AG, Ahuja Global Corporation, Electrify Asia Limited, Pexapark, Share And Charge GmbH, SunContract Pte. Ltd., LO3 Energy Inc, Electron Pty Ltd, FlexiDAO GmbH.
North America was the largest region in the diesel exhaust fluid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the diesel exhaust fluid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the diesel exhaust fluid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The diesel exhaust fluid market includes sales of products such as DEF dispensing equipment, storage solutions, pumping systems, and nozzles and hoses. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Diesel Exhaust Fluid Market Characteristics3. Diesel Exhaust Fluid Market Trends And Strategies32. Global Diesel Exhaust Fluid Market Competitive Benchmarking33. Global Diesel Exhaust Fluid Market Competitive Dashboard34. Key Mergers And Acquisitions In The Diesel Exhaust Fluid Market
4. Diesel Exhaust Fluid Market - Macro Economic Scenario
5. Global Diesel Exhaust Fluid Market Size and Growth
6. Diesel Exhaust Fluid Market Segmentation
7. Diesel Exhaust Fluid Market Regional And Country Analysis
8. Asia-Pacific Diesel Exhaust Fluid Market
9. China Diesel Exhaust Fluid Market
10. India Diesel Exhaust Fluid Market
11. Japan Diesel Exhaust Fluid Market
12. Australia Diesel Exhaust Fluid Market
13. Indonesia Diesel Exhaust Fluid Market
14. South Korea Diesel Exhaust Fluid Market
15. Western Europe Diesel Exhaust Fluid Market
16. UK Diesel Exhaust Fluid Market
17. Germany Diesel Exhaust Fluid Market
18. France Diesel Exhaust Fluid Market
19. Italy Diesel Exhaust Fluid Market
20. Spain Diesel Exhaust Fluid Market
21. Eastern Europe Diesel Exhaust Fluid Market
22. Russia Diesel Exhaust Fluid Market
23. North America Diesel Exhaust Fluid Market
24. USA Diesel Exhaust Fluid Market
25. Canada Diesel Exhaust Fluid Market
26. South America Diesel Exhaust Fluid Market
27. Brazil Diesel Exhaust Fluid Market
28. Middle East Diesel Exhaust Fluid Market
29. Africa Diesel Exhaust Fluid Market
30. Diesel Exhaust Fluid Market Competitive Landscape And Company Profiles
31. Diesel Exhaust Fluid Market Other Major And Innovative Companies
35. Diesel Exhaust Fluid Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Diesel Exhaust Fluid Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on diesel exhaust fluid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for diesel exhaust fluid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The diesel exhaust fluid market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Selective Catalytic Reduction (SCR) Catalyst; Diesel Exhaust Fluid (DEF) Tank; Diesel Exhaust Fluid (DEF) Injector; Diesel Exhaust Fluid (DEF) Supply Module; Diesel Exhaust Fluid (DEF) Sensor; Other Components2) By Supply Mode: Cans And Bottles; Intermediate Bulk Containers (IBC); Bulk; Other Supply Modes
3) By Vehicle Type: Passenger Cars; Light Commercial Vehicles (LCVs); Heavy Commercial Vehicles (HCVs)
4) By End- Use: Original Equipment Manufacturer (OEM); Aftermarket
Key Companies Mentioned: Sinopec Group; Shell PLC; TotalEnergies SE; Mitsui Chemicals Inc.; BASF SE
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Sinopec Group
- Shell PLC
- TotalEnergies SE
- Mitsui Chemicals Inc.
- BASF SE
- Honeywell International Inc.
- Air Liquide S.A.
- Cummins Inc.
- Yara International ASA
- Brenntag AG
- CF Industries Holdings Inc.
- Graco Inc.
- Nissan Chemical Corporation
- Wien Energie GmbH
- Agrium Inc.
- McPherson Company
- GreenChem Industries LLC
- Sun Exchange AG
- Ahuja Global Corporation
- Electrify Asia Limited
- Pexapark
- Share And Charge GmbH
- SunContract Pte. Ltd.
- LO3 Energy Inc
- Electron Pty Ltd
- FlexiDAO GmbH
Methodology
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