Diesel Exhaust Fluid (DEF) Market
Diesel Exhaust Fluid (DEF) Market Size, Share & Trends Analysis Report by Components (Selective Catalytic Reduction (SCR) Catalyst, Tank, Injector, and Sensor), by Vehicle Type (Passenger Vehicles and Commercial Vehicles), and by End Market (Original Equipment Manufacturers (OEM) and Aftermarket) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
DEF market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. DEF or AdBlue is a colorless, odorless, and non-flammable mixture of ammonia and de-ionized water with a 32.5% concentration of ammonia. Its application is to reduce NOx gases from the emission of a vehicle with the help of an SCR catalyst, tank, injector, and sensor. It also aids in breaking nitrogen and oxygen bond by combining nitrogen with nitrogen, and oxygen with hydrogen which emits nitrogen, and water vapors. This further supports reducing NOx gases to a great extent which are highly harmful to humans. This has increased the demand for the system in the automobile industry and witnessed a decent future potential in the market.
The COVID-19 pandemic had impacted most of the industries in the market. The spread of the virus led most governments across the globe to impose a lockdown that strictly restricted the use of vehicles. All this led to a decrease in the demand, and production activities in the diesel exhaust fluid market. As per the data of Organisation Internationale des Constructeurs d'Automobiles (OICA) 2020, the production of vehicles declined by 16% across the globe as compared to the production in 2019. Sales of the vehicles also declined by more than 13% in 2020. However, as the situation got normal the market grew considerably. As per the data of OICA 2021, the production of vehicles grew by 3% as compared to 2020.
Segmental Outlook
The global DEF market is segmented based on the components, vehicle type, and end market. Based on the components, the market is segmented into SCR catalyst, tank, injector, and sensor. Based on the vehicle type, the market is segmented into passenger vehicles and commercial vehicles. Based on the end market, the market is sub-segmented into the original equipment manufacturers (OEM), and aftermarket. The above-mentioned segments can be customized as per the requirements. Among the vehicle type, passenger vehicle is expected to grow significantly over the forecast period.
Among the vehicle type, the passenger vehicle type segment is anticipated to grow significantly in the market during the forecast period owing to the increasing use of DEF in passenger vehicles across the globe. Over the past few years, usage of DEF has grown as the initiative of reducing the emission of hazardous gases, such as Nox has increased. This has increased the demand for DEF in passenger vehicles and is anticipating significant growth in the upcoming years.
Regional Outlooks
The global diesel exhaust fluid market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia-Pacific is anticipated to hold the prominent share in the market followed by North America during the forecast period.
Global Diesel Exhaust Fluid Market Growth, by Region 2022-2028
The Asia-Pacific Region Anticipated to Hold the Prominent Share in the Global Diesel Exhaust Fluid Market
Among all the regions, the Asia Pacific is expected to hold a prominent share in the DEF market globally owing to the presence of emerging countries such as China, India, Japan, South Korea, and others. These countries are the most populous along with the strong presence of key vehicle players such as Toyota, Honda, Nio, Tata, and others. The improving financial state of people and the rising government norms to reduce NOx gases are spurring the diesel fluid and vehicle market. Further increasing the demand for DEF to install in the new vehicles to reduce the NOx and improve the performance of the vehicle. As per the data of OICA, 46,732,785 vehicles were produced in the Asia-Pacific region in 2021 which is 58.3% of the total vehicles produced across the globe in 2021.
Market Players Outlook
The major companies serving the global DEF market include BASF Group, Brenntag SE, Shell group, Sinopec Lubricant Co., TotalEnergies Lubrifiants, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2022, TotalEnergies expanded its retail network with the acquisition of BP America Inc., retail & wholesale fuel business, and logistics assets, in Mozambique. As a part of the acquisition, the companies signed a contract that covers 26 service stations’ networks, a wide portfolio of business customers, and 50% in SAMCOL. Earlier, the logistics company was jointly owned by TotalEnergies Lubrifiants and BP, which operates the Beira, Matola, and Nacala fuel import terminals.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global diesel exhaust fluid (DEF) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. BASF Group
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Brenntag SE
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Shell group
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Sinopec Lubricant Co.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. TotalEnergies Lubrifiants
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Diesel Exhaust Fluid (DEF) Market by Components
4.1.1. Selective Catalytic Reduction (SCR) Catalyst
4.1.2. Tank
4.1.3. Injector
4.1.4. Sensor
4.2. Global Diesel Exhaust Fluid (DEF) Market by Vehicle Type
4.2.1. Passenger Vehicles
4.2.2. Commercial Vehicles
4.3. Global Diesel Exhaust Fluid (DEF) Market by End Market
4.3.1. Original Equipment Manufacturers (OEM)
4.3.2. Aftermarket
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. API
6.2. Blue Sky Diesel Exhaust Fluid
6.3. CF Industries Holdings, Inc.
6.4. Cummins Inc.
6.5. Incitec Pvt. Ltd. (Dyno Nobel)
6.6. KOST USA, Inc.
6.7. Old World Industries, LLC
6.8. Stockmeier Holding GmbH
6.9. Yara International ASA
1. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
2. GLOBAL SCR CATALYST MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL DEF TANK MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL DEF INJECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL DEF SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
7. GLOBAL DIESEL EXHAUST FLUID (DEF) FOR PASSENGER VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL DIESEL EXHAUST FLUID (DEF) FOR COMMERCIAL VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY END MARKET, 2021-2028 ($ MILLION)
10. GLOBAL DIESEL EXHAUST FLUID (DEF) OEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL DIESEL EXHAUST FLUID (DEF) AFTERMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
15. NORTH AMERICAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY END MARKET, 2021-2028 ($ MILLION)
17. EUROPEAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
19. EUROPEAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY END MARKET, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY END MARKET, 2021-2028 ($ MILLION)
25. REST OF THE WORLD DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY COMPONENTS, 2021-2028 ($ MILLION)
27. REST OF THE WORLD DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD DIESEL EXHAUST FLUID (DEF) MARKET RESEARCH AND ANALYSIS BY END MARKET, 2021-2028 ($ MILLION)
1. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET SHARE BY COMPONENTS, 2021 VS 2028 (%)
2. GLOBAL SCR CATALYST MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL DEF TANK MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL DEF INJECTOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL DEF SENSOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET SHARE BY VEHICLE TYPE, 2021 VS 2028 (%)
7. GLOBAL DIESEL EXHAUST FLUID (DEF) FOR PASSENGER VEHICLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL DIESEL EXHAUST FLUID (DEF) FOR COMMERCIAL VEHICLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET SHARE BY END MARKET, 2021 VS 2028 (%)
10. GLOBAL DIESEL EXHAUST FLUID (DEF) OEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL DIESEL EXHAUST FLUID (DEF) AFTERMARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL DIESEL EXHAUST FLUID (DEF) MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. US DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
14. CANADA DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
15. UK DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
16. FRANCE DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
17. GERMANY DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
19. SPAIN DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
20. REST OF EUROPE DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
21. INDIA DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
22. CHINA DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
23. JAPAN DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
24. SOUTH KOREA DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF ASIA-PACIFIC DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD DIESEL EXHAUST FLUID (DEF) MARKET SIZE, 2021-2028 ($ MILLION)
