Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Diesel Exhaust Fluid Market Research Report - Glob | Page 2

The global Diesel Exhaust Fluid market is segmented in to 3 key dynamics for the convenience
of the report and enhanced understanding;
Segmentation by Storage Solution: Comprises Bulk Storage, Tanks, Portable Containers,
Dispensers, Others
Segmentation by Vehicle Type: Comprises Passenger Vehicle and Commercial Vehicle
Segmentation by End Market: Comprises OEM and Aftermarket
Segmentation by Regions: Comprises Geographical regions - North America, Europe,
APAC and Rest of the World.
The diesel exhaust fluid market has been segmented based on storage solution, vehicle type,
end market, and region. On the basis of storage solution, bulk storage accounted for the largest
market share of 39.74% in 2016, with a market value of USD 4,686.1 million and is projected to
grow at the highest CAGR of 9.75% during the forecast period. Bulk storage are widely used due
to higher capacity of more than 7,000 litres. The bulk storage enables the OEM to keep the fuel
in bulk onsite which makes it easier for the user to refill there itself. Tanks is the second largest
market due to the compact size which makes them accessible in the limited space. On the basis
of vehicle type, Commercial vehicle dominated the global diesel exhaust fluid industry market
with a share of 76.16% in 2016, in terms of value. The increase in the rise of commercial vehicle
activities, they are having the second largest market share. Based on end market, Aftermarket
dominated the global diesel exhaust fluid industry market with a share of 68.98% in 2016, in
terms of value.
Regional Analysis:
On the basis of region, the market is segmented based on North America, Asia Pacific, Europe,
and Rest of the World. North America accounts for the largest share of 56.49% in the global
diesel exhaust fluid industry market in 2016. North America has witnessed the most significant
increase in capacity of Nitrogen in the coming years. North America is the third largest region in
nitrogen consumption, following India and China. This increase in the consumption of nitrogen
have led to the growth of urea demand, which will drive the diesel exhaust fluid market. In U.S.,
approximately 70% of the ammonia is used for the production of urea. About half of the urea
that is produced in U.S. is consumed as solid fertilizers, and more than 25% of urea is consumed
to produce nitrogen based solutions. This increase in the production of urea have led to
increase in the use of diesel exhaust fluid in U.S. Asia Pacific is second largest market in DEF