Global AdBlue Market Overview:
AdBlue is a liquid solution, which is made from pure urea and demineralized water. It is non-toxic and colorless. Some of the major characteristics of AdBlue are crystallization, suspensions, corrosiveness, environmentally friendly, non-explosive, explosive and others. The main function of the AdBlue solution is to reduce emissions of the exhaust of diesel vehicles. It is widely used in commercial vehicles and passenger vehicles. For instance, according to the Government of India, the sale of motor vehicles including exports was more than 21533807 units in 2013-14. In addition, it was augmented by 841199 units as compared to 2012-13. Hence, the increase in the production of vehicles in developing countries and rising consumer buying behavior are projected to drive the global AdBlue market over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Latest Trend of this Market is Stringent Emission Regulations Leading to Augmented Penetration of Diesel SCR Vehicles
Market Growth Drivers:
Rising Number of DEF Filing Pumps and Increasing Usage of AdBlue in Passenger Car and Commercial Vehicle
Challenges:
Fluctuating Urea and Diesel Prices and Adulteration Impacting the Quality of DEF
Restraints:
Increasing Sales of Electric Vehicles across the world
Opportunities:
Rising Demand from Emerging Market such as China, India, Brazil and others and Growing Demand for DEF in the Construction Equipment Segment
Competitive Landscape:
Some of the key players profiled in the report are Royal Dutch Shell PLC (Netherland), BASF SE (Germany), Robert Bosch GmbH (Germany), Daimler AG (Germany), Fiat Chrysler Automobiles N.V. (United Kingdom), Nissan Chemical Industries, Ltd. (Japan), Komatsu Ltd. (Japan), Kruse Automotive (United States), Alchem AG (Romania), Mitsui Chemical (Japan) and CF Industries Holdings, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Yara International ASA (Norway), EcovBlue Pvt Ltd (India), Frandcom Industrial Limited (China), Jiangsu lopal tech. Co., ltd. (China), Fuzhou Tdrforce Technology Co., Ltd. (China) and Yongjia Yiben Machinery Co., Ltd. (China). Analyst at AMA Research see Germany and China Vendors to retain maximum share of Global AdBlue market by 2030. Considering Market by End Market, the sub-segment i.e. OEM will boost the AdBlue market. Considering Market by Storage Solution, the sub-segment i.e. Tank will boost the AdBlue market. Considering Market by Usage method, the sub-segment i.e. Selective Catalytic Reduction (SCR) will boost the AdBlue market.
In March 2016, the Topaz company has launched its exciting new own brand AdBlue product. It is available across its network of more than 340 service stations. Therefore, this launch enabled the company to strengthen its AdBlue portfolio.
According to European Automobile Manufacturers Association., with regulatory pressure to improve air quality, vehicle manufacturers are contributing by lowering the quantity and improving the quality of vehicle emissions. Heavy-duty commercial vehicles have been using SCR and AdBlue for some time, and this technology is now being brought to passenger cars with the introduction of the new Euro 6 pollutant emissions standard.
What Can be Explored with the AdBlue Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global AdBlue Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in AdBlue
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global AdBlue market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in AdBlue market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of AdBlue, Suppliers of AdBlue, Wholesalers, Distributors and Retailers of AdBlue, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.