Market Overview:
The growing consumer demand and government support for innovations that reduce the toxicity of automotive emissions is likely to be the major driver for the global AdBlue market, according to the latest research report from Market Research Future (MRFR). The report contains historical information about the global AdBlue market in order to clarify the market’s historical growth trajectory, as well as present information about the market in order to provide a look into the market’s likely growth trajectory in the coming years.
Major players operating in the global AdBlue market are also profiled in the report with a view to providing readers with a complete understanding of the market’s competitive landscape. Key drivers and restraints affecting the market’s progression are also studied in the report with the help of strong economic analytical tools. Thus, a complete overview of the global AdBlue market is presented to the readers in the report.
Competitive Analysis:
Leading players in the global AdBlue market include Yara, Mitsui Chemical, Alchem AG, Kruse Automotive, Komatsu, Nissan Chemical, Fiat Group Automobiles, Daimler AG, Bosch, BASF, and Shell.
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AdBlue is a patented solution of urea, containing 30% urea and 60% deionized water. It is inserted into the exhaust streams of diesel-powered automobiles and helps convert nitrous emissions such as NO2 into harmless nitrogen gas and water vapor. AdBlue itself is colorless and free from health risks and is thus widely used in automotive applications for selective catalytic reduction.
Nitrous emissions from vehicles have become a major concern for the automotive industry in recent years due to the growing awareness about the same. Nitrous emissions have the most impact on human health out of all automotive emissions, making it an urgent issue to reduce the emission of nitrous compounds from automotive exhausts.
The growing government support for the addition of AdBlue in vehicles, allied with strong consumer support, is likely to be a major driver for the global AdBlue market over the forecast period. Customers are understandably keen to have AdBlue in their exhaust streams, while an increasing number of governments have also come out in support of the fluid in recent years.
On the other hand, one of the key restraints on the AdBlue market is the inability of AdBlue systems to be fitted onto smaller cars. AdBlue setups require more space than is available in hatchbacks, limiting the incorporation of AdBlue to larger sedans and more premium vehicles. This is the major restraint against the global AdBlue market. Efforts to incorporate AdBlue systems in smaller vehicles are likely to bear fruit in the automotive industry in the coming years.
In September 2019, Volkswagen announced the development of a new AdBlue system that cuts nitrous emissions in diesel cars by almost 80%.
Segments:
Global AdBlue Market is segmented on the basis of type, usage method, application, and region.
By type, the global AdBlue market is segmented into packaging, equipment, and others. The packaging segment is further segmented into packets, containers, cans, and drums, whereas the equipment segment is further sub-segmented into filling equipment, tanks, pumps, pistols, and adaptors.
By usage method, the global AdBlue market is segmented into pre-combustion, post-combustion, and others.
By application, the global AdBlue market is segmented into commercial vehicles, non-road mobile machines, cars and passenger vehicles, railways, and others. Due to the growing automotive industry, the share of cars and passenger vehicles is likely to remain significant in the coming years. On the other hand, commercial vehicles are also likely to exhibit steady growth due to the easy availability of larger space in commercial vehicles for the application of AdBlue systems.
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Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Ad Blue Market are that of new product development.
On November 2017,Yara International acquired leading nitrogen provider Agronomic Technology Corp (ATC), in U.S. so as to improve the sustainability of farmer profitability.
On February 2015,Cummins Filtration had introduced Lube filtration for ISX15 diesel engines. This development will bring change in the performance of heavy-duty diesel engine market.
In 2015, Brenntag entered in the agreements to acquire J.A.M. Distributing Company, LLC and G.H. Berlin-Windward to provide services to industrial, commercial, automotive, and marine end markets
Regional Analysis:
Europe is the dominant regional market for AdBlue and is likely to retain the position over the forecast period due to the strong presence of automotive technology innovators in the region. The growing government support in the region for environmentally oriented legislation is also likely to drive the AdBlue market over the forecast period. Asia Pacific is also likely to remain a key market for AdBlue over the forecast period due to the growing automotive industry in China and India, and the growing demand for commercial vehicles in this rapidly developing region.
The report on AdBlue Market comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
This report will provide the clear picture of current market scenario of AdBlue Market globally as well as the country level markets. The report also provides the information about various methods which are used to provide solutions for the exhaustive of vehicles and it’s also deliver details information about its various applications. It will also depict detailed information about companies with their market dynamics involved in AdBlue market.
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