Diesel Exhaust Fluid Market - Qualitative Analysis on Demand
Diesel Exhaust Fluid Market Overview Diesel Exhaust Fluid Market Size was valued at USD 18649.5 million in 2021. The diesel exhaust fluid market industry is projected to grow from USD 20216.06 million in 2022 to USD 35555.06 million by 2030, exhibiting a compound annual growth rate (CAGR) of 8.40% during the forecast period (2022–2030). Rising regulatory norms being adopted to manage vehicle emissions and rising adoption of diesel exhaust fluid technology are the key market drivers enhancing the diesel exhaust fluid market growth. Market Segmentation The global diesel exhaust fluid (AdBlue) market has been segmented based on technology. On the basis of technology, the market for diesel exhaust fluid (AdBlue) is segmented based on Selective Catalytic Reduction (SCR), Lean NOx Trap (LNT), Exhaust Gas Recirculation (EGR), Diesel Oxidation Catalyst and others. Factors like mass production of commercial and passenger and growth of diesel-powered vehicles support the diesel exhaust fluid