AdBlue Market to Witness Robust Expansion by 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global AdBlue market.

AdBlue (DEF), the worldwide operating fluid for SCR vehicles, is a non-toxic solution that transforms harmful Nitrogen Oxide NOx emissions from diesel-powered vehicles into harmless water vapor and nitrogen. AdBlue (DEF) reduces NOx emissions in the exhaust gas system of your SCR-equipped diesel vehicle, be it a truck, a bus, a tractor, a car, a van or an off-road vehicle.

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Global AdBlue Market: Forecast by Type / Application / Region

AdBlue (DEF), the worldwide operating fluid for SCR vehicles, is a non-toxic solution that transforms harmful Nitrogen Oxide NOx emissions from diesel-powered vehicles into harmless water vapor and nitrogen. AdBlue (DEF) reduces NOx emissions in the exhaust gas system of your SCR-equipped diesel vehicle, be it a truck, a bus, a tractor, a car, a van or an off-road vehicle.

A key variable in the performance of AdBlue producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of AdBlue include urea. This injects short-term volatility into margins and stock prices. Their prices follow the coal price, with a lag, and movements can inject volatility into producer margins. In general, most producers structure the majority of their contracts to include a ‘pass through’ clause that smooth the impact. Some processes are energy intensive and vulnerable to energy cost swings.

Over the next five years, LPI(LP Information) projects that AdBlue will register a 3.7% CAGR in terms of revenue, reach US$ 3290 million by 2023, from US$ 2650 million in 2017.

Global AdBlue Market: Key Players
Total
BP
Yara
Shell
BASF
CF INDUSTRIES
Mitsui Chemicals
ENI S.p.A.
Nissan Chemical
Borealis L.A.T
Cummins
Novax
Samsung Fine Chemicals
Alchem AG
GreenChem
GBZI Comtrade
Adquim SpA.
Kelas
Hubei Tuowei
Sichuan Meifeng
Yitong
Liaoning Rundi

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Related Information:
United States AdBlue Market Research Report 2018
Europe AdBlue Market Research Report 2018
North America AdBlue Market Research Report 2018
Asia-Pacific AdBlue Market Research Report 2018
China AdBlue Market Research Report 2018
EMEA AdBlue Market Research Report 2018
Global AdBlue Market Research Report 2018

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This release was published on openPR.