Adblue Market To Reach USD 44.5 Billion By 2032, Says DataHorizzon Research

Advertisement

The adblue market size was valued at USD 27.2 Billion in 2022 and is expected to reach a market size of USD 44.5 Billion by 2032 at a CAGR of 5.1%.

Fort Collins, Colorado, May 01, 2024 (GLOBE NEWSWIRE) —

Versatility of Adblue encourages adoption in the diesel engine industry.

Advertisement

AdBlue, known officially as AUS32 (Aqueous Urea Solution 32.5%), is a transparent liquid engine additive that is non-hazardous and non-toxic. Comprising 67.5% deionized water, it effectively mitigates harmful nitrogen oxides (NOx) emissions from diesel vehicle exhausts. By converting these pollutants into benign nitrogen and steam, AdBlue plays a crucial role in reducing NOx emissions, which are primary contributors to urban air pollution and smog, and have been linked to conditions such as asthma, according to research by the World Health Organization.

The growing global commercial vehicle fleet, particularly in emerging markets, drives the demand for AdBlue. Commercial vehicles, characterized by their higher emission rates, are prominent users of AdBlue. The prevalence of diesel engines, particularly in the transportation and industrial sectors, continue to propel the AdBlue market forward. Diesel engines are notorious for emitting elevated levels of nitrogen oxides, necessitating the adoption of AdBlue for emission control measures. Statistics from the International Council on Clean Transportation reveal that diesel vehicles accounted for roughly 20% of the global vehicle fleet in 2020, highlighting the enduring relevance of AdBlue in curbing emissions.

Request Sample Report: 

https://tinyurl.com/zv4cmmy6

Segmentation Overview:

The adblue market has been segmented into method, application, and region.

The post-combustion method dominates the market growth.

  • Within the method segment, the post-combustion method dominates, driving significant market revenue during the forecast period. This trend is particularly witnessed in developing countries, where increased technological adoption fuels the segment’s growth.

Cars & passenger vehicles accounted for a significant market share in 2023.

  • The application segment is categorized into commercial vehicles, non-road mobile machines, cars and passenger vehicles, railways, and others. The cars & passenger vehicles category registered a high revenue share in 2023 owing to favorable policies for electric cars and government relaxations worldwide. 

Ask For Discount 

https://tinyurl.com/6uz3tc78

Adblue Market Report Highlights:

  • The adblue market growth is anticipated at a CAGR of 5.1% by 2032.
  • The expansion of global commercial vehicle fleet, especially in emerging economies, significantly contributes to the demand for AdBlue.
  • Europe leads the AdBlue market with the largest market share. Due to the strict regulations enforced by the European Union, Europe has become the main market for AdBlue. 
  • Some prominent players in the adblue market report include TotalEnergies, Shell plc, Mitsui Chemicals India Pvt. Ltd., BASF SE, Cummins Inc., Nissan Chemical Corporation, Bharat Petroleum Corporation Limited, Yara, CrossChem Limited, and CF Industries Holdings, Inc. 

Looking Exclusively For Region/Country Specific Report? 

https://tinyurl.com/4fb9x3sa

About DataHorizzon Research:

DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.

Contact:

Mail: [email protected]

Ph: +1-970-672-0390

Website: https://datahorizzonresearch.com/

Follow Us: LinkedIn 

 

Recent Publications

Trifluoroacetic Acid Market Analysis 2024 to 2032

Fatty Acid Market Analysis 2024 to 2032

Facades Market Analysis 2024 to 2032

Reverse Osmosis Membrane Market Analysis 2024 to 2032

GCC Facades Market Analysis 2024 to 2032

CONTACT: Mail: [email protected] Ph: +1-970-672-0390 Website: https://www.datahorizzonresearch.com 

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. AfternoonHeadlines.com takes no editorial responsibility for the same.