Stringent Emission Norms Fueling Usage of Diesel Exhaust Fluid (AdBlue) in Asia-Pacific


Posted September 3, 2020 by manishbaghel

The global diesel exhaust fluid market is projected to surpass $20,518.0 million by 2023, witnessing a CAGR of 8.8% between 2018 and 2023.
 
The deteriorating air quality levels in many countries due to the large-scale usage of diesel-powered vehicles are pushing up the requirement for substances that can significantly reduce the air pollution caused by a diesel engine or eco-friendly fuels and other alternatives. Diesel exhaust fluid or AdBlue, as it is popularly known, is one such substance that is increasingly being used in heavy-duty vehicles such as commercial trucks and buses and mining and construction vehicles for mitigating the emission levels.

Besides the aforementioned factor, the increasing implementation of strict vehicular emission norms and fuel efficiency regulations, especially in the Asian, European, and North American countries, is causing a sharp rise in the uptake of AdBlue in passenger vehicles as well. In the last few years, the governments of these countries have enacted various regulations for reducing emissions from passenger vehicles, which has positively impacted the growth of the diesel exhaust fluid market.

One such stringent emission regulation is the United States Environmental Protection Agency (USEPA) Tier 3 emission standard. This regulation came into existence in 2017 when the USEPA decided to upgrade the already existing Tier 2 emission norms, in lieu of the escalating pollution levels in the country. This regulation aims to reduce the greenhouse gas emissions from vehicles in the country. Similarly, in Europe, the Euro 6 emission standards were enacted recently for curtailing the emission levels in the region.

Another key factor which is fueling the demand for this fluid is the rising usage of trucks, trailers, and other heavy-duty vehicles for goods delivery and other commercial activities across the world. Increasing industrial activities and flourishing logistics industry in several countries are boosting the requirement for commercial transportation and this when combined with the growing enactment of strict diesel emission norms by regulatory bodies is massively augmenting the sales of diesel exhaust fluids all over the globe.


The mushrooming sales of these fluids is driving the advancement of the global diesel exhaust fluid (AdBlue) market. Further, with rapid industrialization and increasing public awareness about the degrading environment, the industry will register explosive growth throughout the world in the future years. The market is divided, on the basis of storage solution, into bulk storage, portable containers, and dispensers. Amongst these, the bulk storage category recorded huge growth in the market in the years gone by.

Geographically, the Asia-Pacific (APAC) diesel exhaust fluid market will demonstrate rapid expansion in the upcoming years, according to the forecast of P&S Intelligence, a market research firm based in India. This is not surprising considering the increasing implementation of strict emission norms, on account of the rising environmental awareness among the masses and policy makers in the regional countries. Further, the growing industrial activities and the ballooning requirement for commercial transportation are accelerating the progress of the market in China.

Hence, with the rising pollution levels and the increasing concerns being raised over the degrading environment all over the world, the regulatory authorities and governments of many countries are implementing strict emission control policies and promoting the usage of diesel emission-mitigating substances such as AdBlue.
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Issued By Manish Kumar
Business Address Noida
Country India
Categories Business , Industry , Research
Tags diesel exhaust fluid market , diesel exhaust fluid market demand , diesel exhaust fluid market future , diesel exhaust fluid market growth , diesel exhaust fluid market overview , diesel exhaust fluid market scope , diesel exhaust fluid market size , diesel exhaust fluid market trends
Last Updated September 3, 2020