Diesel Exhaust Fluid Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Diesel Exhaust Fluid Market is segmented By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Application (Const....

Diesel Exhaust Fluid Market Size

Market Size in USD Bn

CAGR7.93%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR7.93%
Market ConcentrationMedium
Major PlayersYara International ASA, CF Industries Holdings, Inc., BASF SE, Royal Dutch Shell PLC, TotalEnergies SE and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Diesel Exhaust Fluid Market Analysis

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.