Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 15.60 Billion | USD 30.66 Billion | 8.81% | 2022 |
FrequentlyAsked Questions
Diesel exhaust fluid (DEF) is an essential component of the chemical industry. It is used for controlling air pollution caused by diesel engines.
The global diesel exhaust fluid market is projected to grow owing to the increasing rate of environmental pollution with diesel engines acting as key contributors.
According to study, the global diesel exhaust fluid market size was worth around USD 15.60 billion in 2022 and is predicted to grow to around USD 30.66 billion by 2030.
The CAGR value of diesel exhaust fluid market is expected to be around 8.81% during 2023-2030.
The global diesel exhaust fluid market will be led by North America during the projection period.
The global diesel exhaust fluid market is led by players like CF Industries Holdings, Inc., Yara International ASA, Air Liquide S.A., BASF SE, RelaDyne, Cummins Inc., Blue Sky Diesel Exhaust Fluid, Brenntag AG, The McPherson Companies, TotalEnergies, Mitsui Chemicals, Inc., Graco Inc., Shell, Old World Industries, and GreenChem among others.
The report explores crucial aspects of the diesel exhaust fluid market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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