AdBlue Market Key Players

AdBlue Market to register substantial gains from the transportation and agricultural application over 2020-2025

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Report Hive Research adds a new study titled “AdBlue Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global AdBlue Market forecasted from 2020 to 2025. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

AdBlue Market Overview:

AdBlue is a highly purified liquid solution that is a mixture of urea and deionized water in the ratio of 32.5% and 67.5%, respectively. AdBlue, also known as Diesel Exhaust Fluid (DEF), is a colorless, non-hazardous, transparent liquid largely used in automobiles to reduce the emission of nitrogen oxide (NOx). The NOx emitted from the vehicle in the form of small particles tends to cause significant damage to the sensitive lung tissue in animals and humans by reacting with other gases present in the atmosphere. Therefore, AdBlue is an essential component for reducing nitrogen oxide (NOx) levels by converting NOx to a less harmful mixture of water vapor and nitrogen.

Robust infrastructure developments and rapid industrialization have increased demand for heavy vehicles, subsequently driving the AdBlue market growth. In addition, the surge in demand for agricultural machineries such as tractors, pumps, and harvesters will also support the Adblue market demand in the years to come.

Globally, Europe dominates the AdBlue market both in terms of value and volume and is expected to maintain its dominance throughout the forecast period. This is due to the presence of well-developed countries in the region, such as Germany and France, focusing on sustainable development. In addition, the enforcement of strict environmental standards in European countries is primarily driving the regional demand.

The Asia-Pacific is expected to be the fastest-growing region in the AdBlue market. Emerging economies such as China, India, are seeing a rapid surge in activities such as construction and infrastructure development and manufacturing, providing a significant boost to the transportation and logistics industry in these countries. In addition, the adoption of stringent emission standards will accelerate the consumption of AdBlue to reduce emissions, thus creating potential business opportunities for players in the AdBlue market.

The global AdBlue Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

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AdBlue Market Key Players:

·       BASF

·       Shell

·       BP p.l.c.

·       Total

·       Bosch

·       Cummins

·       Daimler AG

·       Fiat Group Automobiles

·       Finke Mineralolwerk

·       Nissan Chemical

·       ENI S.p.A.

·       Komatsu

·       Kruse Automotive

·       Alchem AG

·       GBZI Comtrade

·       Samsung Fine Chemicals

·       Mitsui Chemicals

·       Yara

·       Borealis L.A.T

·       GreenChem

·       Adquim SpA.

·       Novax

·       Kelas

·       Sichuan Meifeng

·       Beijing Yili Fine Chemical

·       Sinopec Group

·       CNPC

·       Baoyi

·       Everblue

Market Segmentations Covered in the Report:

Market by Type

·       CNG

·       LPG

·       Others

Market by Application

·       Public Transportation

·       Mining/ Construction

·       Agriculture

·       Marine

·       Others

AdBlue Market Regional Analysis:

·       Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

·       Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

·       North America [United States, Canada, Mexico]

·       Middle East & Africa [GCC, North Africa, South Africa]

·       South America [Brazil, Argentina, Columbia, Chile, Peru]

Author Name : Report Hive Research