Diesel Exhaust Fluid Market Growth Accelerated by Rising Demand for NOx Emissions Reduction
Diesel exhaust fluid, commonly known as DEF or AdBlue, is an aqueous urea solution that is injected into the exhaust stream of diesel engines equipped with selective catalytic reduction (SCR) systems. DEF helps convert nitrogen oxides (NOx) present in diesel exhaust gases into nitrogen, water, and tiny amounts of carbon dioxide through catalytic reaction. With governments of various countries enacting stringent regulations to curb NOx emissions from diesel-powered vehicles and equipment, the demand for DEF has witnessed strong growth over the past few years. The global diesel exhaust fluid market is estimated to be valued at US$ 11.60 Mn in 2023 and is expected to exhibit a CAGR of 7.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising demand for NOx emissions reduction from diesel engines is one of the key factors fueling the growth of the diesel exhaust fluid market . Stringent emission no...