Diesel Exhaust Fluid Market is segmented By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Application (Const....
Market Size in USD Bn
CAGR7.93%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 7.93% |
Market Concentration | Medium |
Major Players | Yara International ASA, CF Industries Holdings, Inc., BASF SE, Royal Dutch Shell PLC, TotalEnergies SE and Among Others |
The diesel exhaust fluid market is estimated to be valued at USD 39.59 Bn in 2024 and is expected to reach USD 67.55 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 7.93% from 2024 to 2031. The diesel exhaust fluid market is expected to witness positive growth owing to rising vehicle miles travelled and stricter emission standards.