Researchmoz added Most up-to-date research on "Diesel Exhaust Fluid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022" to its huge collection of research reports. An insight on the important factors and trends influencing the market.
Global Diesel Exhaust Fluid Market: Overview
Diesel
exhaust fluids are a key component of diesel engines due to the
benefit they provide in terms of reducing the polluting content of
the exhaust. Rising environmental concerns have driven the adoption
of innovations such as diesel exhaust fluids and are likely to propel
the global diesel exhaust fluid market at a robust rate in the coming
years. It is a 32.5% solution of urea in deionized water and allows
diesel engines to convert the abundant nitrogen oxides in their
exhausts to harmless nitrogen and water. The global diesel exhaust
fluid market has been driven by the exhaustive support being given to
environmental conservation programs by a number of governments across
the world, which has driven steady investment into the development of
reliable diesel exhaust fluids.
Download Exclusive Free
Sample Of This Report:
https://www.researchmoz.us/enquiry.php?type=S&repid=1331218
The
report discusses the growth trajectory of the global diesel exhaust
fluids market in detail by providing an assessment of the historical
figures exhibited by the market between 2012 and 2017. The 2016
figures for the global diesel exhaust fluid market are analyzed in
detail to derive reliable conclusions regarding how the market is
likely to progress in the years till 2022. The segmentation of the
global diesel exhaust fluid market as well as its competitive
landscape are given a thorough examination in the report in order to
provide readers with a clear view of the market’s dynamics and how
they will affect disparate parts of the market.
According
to Transparency Market Research, the global diesel exhaust fluid
market was valued at US$10,241.5 mn in 2017. Exhibiting a robust 7.1%
CAGR between 2017 and 2022, the market’s valuation is expected to
rise to US$14,445.5 mn over the forecast period.
Global Diesel Exhaust
Fluid Market: Dynamics
The
prime factor driving the development of the global diesel exhaust
fluid market is the growing government support to the widespread
adoption of diesel exhaust fluid. Governments in several countries
have come up with legislation to promote or even mandate the use of
diesel exhaust fluids, leading to rapid growth of the diesel exhaust
fluid market in several regions.
The
booming automotive industry is likely to be an important driver for
the global diesel exhaust fluid market in the coming years. Growing
demand from middle-class consumers has driven the global automotive
industry at a steady rate in the last few years, with diesel cars
becoming a key part of the product lineup of several car brands due
to the higher fuel efficiency they provide. This is likely to drive
the use of diesel exhaust fluid in many regions where the consumer
vehicle industry has shown strong promise.
Global Diesel Exhaust
Fluid Market: Segmentation
By
pack size, the global diesel exhaust fluid market is segmented into
bottles, drums, and IBCs. Of these, diesel exhaust fluid bottles (1
and 2.5 gallons) are likely to dominate the global market in the
coming years due to their widespread use and diverse usability. The
bottles segment of the global diesel exhaust fluid market accounted
for US$4,221.8 mn in 2017 and is likely to rise at a CAGR of 6.9%
between 2017 and 2022. The segment’s share in the global diesel
exhaust fluid market is, however, expected to drop from 41.2% in 2017
to 40.8% by 2022.
Geographically,
the global diesel exhaust fluid market is significantly fragmented,
as North America, Europe, and Asia Pacific all hold dominant shares
and are likely to retain a steady dominance in the coming years.
Do You Have Any Query Or
Specific Requirement? Ask to Our Industry Expert @
https://www.researchmoz.us/enquiry.php?type=E&repid=1331218Global Diesel Exhaust Fluid Market: Competitive Dynamics
Leading
players in the global diesel exhaust fluid market include Yara
International ASA, Total SA, SINOPEC, Cummins, CF International
Holdings Inc., Valvoline, Royal Dutch Shell Plc, RelaDyne LLC, and
GreenChem Solutions Ltd.
About
ResearchMoz
ResearchMoz
is the one stop online destination to find and buy market research
reports & Industry Analysis. We fulfil all your research needs
spanning across industry verticals with our huge collection of market
research reports. We provide our services to all sizes of
organisations and across all industry verticals and markets. Our
Research Coordinators have in-depth knowledge of reports as well as
publishers and will assist you in making an informed decision by
giving you unbiased and deep insights on which reports will satisfy
your needs at the best price.
For More
Information Kindly Contact:ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948Email: sales@researchmoz.us
For More Reports Visit @ http://marketresearchlatestreports.blogspot.com/
No comments:
Post a Comment