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Research report explores the diesel exhaust fluid market growing at a 12.85% gagr by 2022

Automotive and Transportation Market Research

Global Diesel Exhaust Fluid Market 2018-2022 report states that one challenge in the market is decrease in the demand for diesel engine vehicles.

The analysts forecast global diesel exhaust fluid market to grow at a CAGR of 12.85% during the period 2018-2022. Key players in the global diesel exhaust fluid market: BASF, CF Industries Holdings, Cummins, Shell International, Total, and Yara.

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DEF is a blended aqueous solution composed of 32.5% high-purity urea and 67.5% de-ionized water.

DEF is used in the reduction of NOx emissions from diesel engines and is added to selective catalytic reduction systems in which harmful exhaust gas emissions are treated.

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One trend in the diesel exhaust fluid market is M&A in the DEF market. The increase in the demand for DEF has urged the manufacturers to expand their distribution reach and increase their production capacities.

According to the diesel exhaust fluid market report, one driver in the market is rising health and environmental concerns due to NOx emissions. NOx is a family of poisonous, highly reactive gases.

The NOx emissions are caused by various reasons, primarily by the use of diesel engine vehicles. The popularity of diesel engines increased owing to the high prices of petrol and less emission of carbon dioxide.

The report covers the present scenario and the growth prospects of the global diesel exhaust fluid market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market

Market driver
- Rising health and environmental concerns due to NOx emissions
- For a full, detailed list, view our report

Market challenge
- Decrease in the demand for diesel engine vehicles
- For a full, detailed list, view our report

Market trend
- M&A in the DEF market
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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