#South Africa AdBlue Oil Market Key Development Analysis
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Increase in Awareness about Harmful Effects of Fuel Combustion for the Environment Coupled with Increase in Penetration of Passenger Cars & Commercial Vehicles, Increase in Disposable Income is set to Drive South Africa Adblue Oil Market over the Forecast Period: Ken Research AdBlue is a well purified colorless liquid. It contains urea (32.5%) & 67.5% of deionized water. AdBlue is used with diesel engines thus also known as diesel exhausts fluid (DEF).
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Adblue Oil Market Analysis | Segments, Size, Share, Trends, Demand, Key Player profile and Regional Outlook by 2027
Competitive Analysis
The companies are yet to make noteworthy development in the AdBlue market. Though, the firms have strategic visions to deliver quality-based products and services to their customers across the globe. Few of the important companies functioning in the South Africa AdBlue Oil market are Engen Petroleum Ltd (South Africa), BASF SE (Germany), and Viscol.Co.Za (Republic of South Africa).
AdBlue is used to reduce nitrogen oxide and nitrogen dioxide which are two of the most unpleasant tailpipe pollutants in vehicles. Adblue is predominantly used in vehicles equipped with SCR technology or selective catalytic reduction. As adblue significantly reduces and controls atmospheric pollution that causes smog in urban centres, its demand is increasing gradually. The uptick in the adoption of green practices is powering the development of the adblue market considerably. Increased penetration of AdBlue in agriculture and construction machinery is likely to offer significant opportunities to the AdBlue market during the forecast period. The South Africa AdBlue Oil Market was valued at USD 136.1 million in 2017 and is anticipated to develop at a strong CAGR of 4.83 percent to reach USD 188.0 million by the end of the forecast period from 2016 to 2024.
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The market in South Africa for AdBlue in terms of volume had a capacity of 327.1 thousand tonnes in 2017 and is expected to develop at a strong CAGR of 4.24 percent throughout the forecast period. The South African market is an emerging country-level market for diesel exhaust fuel (adblue) and is expected to provide substantial development reasons over the forthcoming years. Owing to the increasing automotive sales, the passenger vehicles would further dictate the automotive segment in the coming years. In addition to this, rail businesses such as ABB, Bombardier, and General Electric have established their assembly plants in South Africa, which have been motivating the country’s diesel consumption and ultimately the demand for adblue. As compared to other regions, the African automotive market is significantly smaller. In the African region, South Africa is a highly lucrative market for automotives. The automotive industry is projected to observe an optimistic change owing to the revitalizing economic scenario. This can be accredited to the swell in the income levels and the rise of the middle-class population. Therefore, the Adblue market’s growth in the region is closely following the rise of the automobile sector. Also, the highly protected automotive industry of the country is expected to become fully integrated into the global strategies of foreign parent companies, creating further impetus for the market’s growth. However, the high rate of emission from the increased production and sales of vehicles in South Africa has to be regulated through proper policy measures and tools so as to control the increased carbon footprints. The environment protection regulations have become stringent due to the high number of vehicles in South Africa that have considerably lower fuel efficiency than the European Union based vehicle fleet.
Growing use of Adblue in construction equipment and agricultural machinery is projected to rise substantially due to the dependency on their agriculture sector. The agriculture sector generates up to 50 percent of GDP and contributes to more than 80 percent of trade in value and around 50 percent of raw materials to industries.
Access Report @ https://www.marketresearchfuture.com/reports/south-africa-adblue-oil-market-6223
Segmental Analysis
The segmentation of the South Africa AdBlue market is carried out on the basis of technology and application. The technology based segment of the market is bifurcated into Selective Catalytic Reduction and Exhaust Gas Recirculation. The selective Catalytic Reduction technology is accredited for around 82 percent of the market share in 2017 and is projected to touch USD 157.1 million by 2024. The application based segmentation of the market is segmented into farm machinery, automotive, construction machinery, railway engines, electronic generators, and others. Amongst these applications, the automotive industry accounts for around 62 percent of the overall market share in 2017. The segment is projected to achieve values worth USD 118.7 million by 2024 while growing at a CAGR of 5.03 percent. The passenger cars segment is singularly responsible for approximately 48 percent share of the overall automotive segment in 2017 and is estimated to develop at a strong CAGR of 5.06 percent by the end of the forecast period. However, railway engines segment is estimated to develop at a top CAGR of 5.67percent in the forecast period.
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South Africa AdBlue Oil Market Trends, Industry Analysis and Forecasts 2024
adblue oil market by regionMarket Reports On South Africa Provides the Trending Market Research Report On “South Africa AdBlue Oil Research Report Information: Type, Application, Region and End-Use - Forecast Till 2024” under Chemical & Materials category. The Report offers a collection of South Africa Market Trends, South Africa Market Analysis, South Africa Business Trends, And South Africa Market Size And Growth.
AdBlue, also known as diesel exhaust fluid (DEF), is a blend or an aqueous solution of 32.5% urea and 67.5% of deionized water. It is primarily used as a consumable fluid in diesel and gasoline fuel-based vehicles. The product effectively reduces the emission of oxides of nitrogen by chemically reacting with the exhaust gases.
Request a free sample copy of AdBlue Oil Market Report @ http://www.marketreportsonsouthafrica.com/marketreports/sample/reports/1381490
The South Africa AdBlue market was valued at USD 136.09 million in 2017 and is projected to register a healthy CAGR of 4.83% to attain a value mark of USD 188.00 million by the end of 2023. In terms of volume, the global market is expected to exhibit a CAGR of 4.24% to reach 327.14 kilo tons from 434.56 kilo tons. The major factor driving the growth of the South Africa AdBlue market is increasing adoption of passenger cars and commercial vehicles in Africa. Furthermore, changing lifestyles and increasing disposable income of the people in the country has resulted in the increased sale of automobiles, which is consequently expected to boost the demand for AdBlue.
The growing use of emission reduction products such as AdBlue in the agricultural machinery and construction equipment is expected to create lucrative opportunities for the manufacturers of AdBlue.
However, sluggish economic growth in South Africa on account of the looming macroeconomic factors is likely to hamper the market growth during the review period.
FIGURE 1 South Africa AdBlue Market, by Application, 2017 (%)
Segmentation The South Africa AdBlue market has been segmented on the basis of technology and application. Based on technology, the market is bifurcated into exhaust gas recirculation and selective catalytic reduction. Among these, the selective catalytic reduction segment accounted for around 82% market share in 2017. By application, the market is categorized into automotive, farm machinery, construction machinery, electronic generators, railway engines, and others. The automotive segment accounted for the largest market share with a value of USD 84.7 million in 2017.
Key Players Some of the Key Players operating in the South Africa AdBlue market are BASF SE (Germany), Engen Petroleum Ltd (South Africa), and Viscol.co.za. (South Africa).
Key Findings The South Africa AdBlue market was valued at USD 136.09 million in 2017 and is projected to reach USD 188.0 million by 2024 registering a healthy CAGR over the forecast period. The selective catalytic reduction segment accounted for over 82% of the market share in 2017 and is projected to reach USD 157.1 million by the end of the forecast period. The automotive segment emerged as the largest segment accounting for nearly 61% of the market share in 2017.
Intended Audience • AdBlue Manufacturers • Traders and Distributors of AdBlue Oil • Production Process Industries • Potential Investors • Raw Material Suppliers
DC –Description • AdBlue preparation • diesel selective catalytic reduction • diesel engines • emission reduction • selective catalytic reduction technology, • SCR technology • aqueous urea solution
Browse our full report with Table of Contents: http://www.marketreportsonsouthafrica.com/marketreports/south-africa-adblue-oil-research-report-information-type-application-region-and-end-use-forecast-till-2024/1381490
About Market Reports on South Africa: Market Reports on South Africa is thus the one-stop solution for the entire market research requirements with regards to South Africa.
We provide you with insight and analysis on the country’s economic outlook at the national, regional and city level, presenting a deep understanding of disparities and evolutionary paths. Get a complete, consistent and concise view of your markets with comprehensive industry reports. Our latest regional data-banks, forecasts, and detailed risk ratings will help you to identify risk and opportunities in every industry and develop strategic plans to deal with the competitiveness in South Africa’s market.
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South Africa AdBlue Oil Market 2019 | Emerging Trends, Highlights and Challenges Forecast 2024
Report Overview:
The MRFR report delivers a comprehensive analysis of the market for AdBlue Oil in South Africa. Users of this report will come across key macro and micro-economic factors influencing the growth trends of the market. An outlook towards the key market drivers, restraints and opportunities is also presented in the report. It also includes revenue analysis based on technologies used in AdBlue Oil such as exhaust gas recirculation and selective catalytic reduction. The scope of the discussion covers market analysis on the basis of different applications areas of AdBlue Oil such as automotive, farm machinery, construction machinery, electronic generators, railway engines. The report offers analysis of the AdBlue Oil Market across South Africa along with a revenue forecast until 2024.
Players Covered:
BASF SE (Germany), Engen Petroleum Ltd (South Africa), and Viscol.Co.Za (Republic of South Africa).
The report offers insights on the leading market players and evaluates their current market share. Company information such as annual revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives are available in the report.
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Market Snapshot:
The market for AdBlue Oil in South Africa is expected to witness a CAGR of 4.83% during the assessment period assessment period (2017-2024). Adbule continues to be a popular fluid mix for diesel and gasoline fuel-based vehicles. The mix facilitates a selective catalytic reduction (SCR) technology along with other chemical reaction with the exhaust gases, effectively reducing the emmision of nitrogen oxides. This in turn makes AdBlue an important and a highly consumed automotive fluid mix. South Africa is witnessing an upsurge in vehicle parc, as sales of passenger cars and commercial vehicles continue to grow across the country. This is likely to support the growth of the AdBlue Oil Market in the country in 2018 and beyond. Introduction of new global emission standards is also reflecting favorably on the market in South Africa.
Research Methodology:
Market Research Future (MRFR) employ fail-safe research approaches for analyzing data collected through primary and secondary research inputs which include interviews with top-level executives across the value-chain (CEOs, Business Development Managers, VICE Presidents, etc.), SEC filings, annual reports of top-notch market players, paid database services, publications by international and national organizations. Top-down and bottom-up approaches are employed to authenticate the accuracy and credibility of critical data and statistical observations available in our reports. A multi-layer verification process reaffirms the reliability of the market analysis that is supported by our in-house expertise and advanced research tools. Emphasis is placed on drawing insightful conclusions backed by market-oriented, technical, and, commercial studies of industries to keep our clients ahead of the curve.
Other Description
Currency- USD Million
Base year- 2016
Volume Unit- Thousand Tons
Forecast Period- From 2017 to 2024
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Oct 02, 2019 (AB Digital via COMTEX) -- South Africa AdBlue Oil Market:Overview The South Africa AdBlue oil market to score 4.83% CAGR during the forecast...
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Oct 02, 2019 (AB Digital via COMTEX) -- South Africa AdBlue Oil Market:Overview The South Africa AdBlue oil market to score 4.83% CAGR during the forecast...
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Oct 02, 2019 (AB Digital via COMTEX) -- South Africa AdBlue Oil Market:Overview The South Africa AdBlue oil market to score 4.83% CAGR during the forecast...
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AdBlue Oil Market: Regional Outlook, Size, Share, Growth, Trends, Demand, Industry Analysis, and Key Player profile by 2024
AdBlue is used to reduce nitrogen oxide and nitrogen dioxide which are two of the most unpleasant tailpipe pollutants in vehicles. Adblue is predominantly used in vehicles equipped with SCR technology or selective catalytic reduction. As adblue significantly reduces and controls atmospheric pollution that causes smog in urban centres, its demand is increasing gradually. The uptick in the adoption of green practices is powering the development of the adblue market considerably. Increased penetration of AdBlue in agriculture and construction machinery is likely to offer significant opportunities to the AdBlue market during the forecast period. The South Africa AdBlue Oil Market was valued at USD 136.1 million in 2017 and is anticipated to develop at a strong CAGR of 4.83 percent to reach USD 188.0 million by the end of the forecast period from 2016 to 2024.
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The market in South Africa for AdBlue in terms of volume had a capacity of 327.1 thousand tonnes in 2017 and is expected to develop at a strong CAGR of 4.24 percent throughout the forecast period. The South African market is an emerging country-level market for diesel exhaust fuel (adblue) and is expected to provide substantial development reasons over the forthcoming years. Owing to the increasing automotive sales, the passenger vehicles would further dictate the automotive segment in the coming years. In addition to this, rail businesses such as ABB, Bombardier, and General Electric have established their assembly plants in South Africa, which have been motivating the country’s diesel consumption and ultimately the demand for adblue. As compared to other regions, the African automotive market is significantly smaller. In the African region, South Africa is a highly lucrative market for automotives. The automotive industry is projected to observe an optimistic change owing to the revitalizing economic scenario. This can be accredited to the swell in the income levels and the rise of the middle-class population. Therefore, the Adblue market’s growth in the region is closely following the rise of the automobile sector. Also, the highly protected automotive industry of the country is expected to become fully integrated into the global strategies of foreign parent companies, creating further impetus for the market’s growth. However, the high rate of emission from the increased production and sales of vehicles in South Africa has to be regulated through proper policy measures and tools so as to control the increased carbon footprints. The environment protection regulations have become stringent due to the high number of vehicles in South Africa that have considerably lower fuel efficiency than the European Union based vehicle fleet.
Growing use of Adblue in construction equipment and agricultural machinery is projected to rise substantially due to the dependency on their agriculture sector. The agriculture sector generates up to 50 percent of GDP and contributes to more than 80 percent of trade in value and around 50 percent of raw materials to industries.
Segmental Analysis
The segmentation of the South Africa AdBlue market is carried out on the basis of technology and application. The technology based segment of the market is bifurcated into Selective Catalytic Reduction and Exhaust Gas Recirculation. The selective Catalytic Reduction technology is accredited for around 82 percent of the market share in 2017 and is projected to touch USD 157.1 million by 2024. The application based segmentation of the market is segmented into farm machinery, automotive, construction machinery, railway engines, electronic generators, and others. Amongst these applications, the automotive industry accounts for around 62 percent of the overall market share in 2017. The segment is projected to achieve values worth USD 118.7 million by 2024 while growing at a CAGR of 5.03 percent. The passenger cars segment is singularly responsible for approximately 48 percent share of the overall automotive segment in 2017 and is estimated to develop at a strong CAGR of 5.06 percent by the end of the forecast period. However, railway engines segment is estimated to develop at a top CAGR of 5.67percent in the forecast period.
Competitive Analysis
The companies are yet to make noteworthy development in the AdBlue market. Though, the firms have strategic visions to deliver quality-based products and services to their customers across the globe. Few of the important companies functioning in the South Africa AdBlue Oil market are Engen Petroleum Ltd (South Africa), BASF SE (Germany), and Viscol.Co.Za (Republic of South Africa).
Access Report @ https://www.marketresearchfuture.com/reports/south-africa-adblue-oil-market-6223
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
COVID-19 Study in Detail:
Impact of COVID-19 on Iso-Propyl Alcohol Market
Impact of COVID-19 on Steel Extruded Products Market
Coronavirus Outbreak and Plastic Films Market
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AdBlue Oil Market Size: Research Report, Demand, Segments, Key Player profile and Regional Outlook by 2024
AdBlue is used to reduce nitrogen oxide and nitrogen dioxide which are two of the most unpleasant tailpipe pollutants in vehicles. Adblue is predominantly used in vehicles equipped with SCR technology or selective catalytic reduction. As adblue significantly reduces and controls atmospheric pollution that causes smog in urban centres, its demand is increasing gradually. The uptick in the adoption of green practices is powering the development of the adblue market considerably. Increased penetration of AdBlue in agriculture and construction machinery is likely to offer significant opportunities to the AdBlue market during the forecast period. The South Africa AdBlue Oil Market was valued at USD 136.1 million in 2017 and is anticipated to develop at a strong CAGR of 4.83 percent to reach USD 188.0 million by the end of the forecast period from 2016 to 2024.
Get a Free Sample Now@ https://www.marketresearchfuture.com/sample_request/6223
The market in South Africa for AdBlue in terms of volume had a capacity of 327.1 thousand tonnes in 2017 and is expected to develop at a strong CAGR of 4.24 percent throughout the forecast period. The South African market is an emerging country-level market for diesel exhaust fuel (adblue) and is expected to provide substantial development reasons over the forthcoming years. Owing to the increasing automotive sales, the passenger vehicles would further dictate the automotive segment in the coming years. In addition to this, rail businesses such as ABB, Bombardier, and General Electric have established their assembly plants in South Africa, which have been motivating the country’s diesel consumption and ultimately the demand for adblue. As compared to other regions, the African automotive market is significantly smaller. In the African region, South Africa is a highly lucrative market for automotives. The automotive industry is projected to observe an optimistic change owing to the revitalizing economic scenario. This can be accredited to the swell in the income levels and the rise of the middle-class population. Therefore, the Adblue market’s growth in the region is closely following the rise of the automobile sector. Also, the highly protected automotive industry of the country is expected to become fully integrated into the global strategies of foreign parent companies, creating further impetus for the market’s growth. However, the high rate of emission from the increased production and sales of vehicles in South Africa has to be regulated through proper policy measures and tools so as to control the increased carbon footprints. The environment protection regulations have become stringent due to the high number of vehicles in South Africa that have considerably lower fuel efficiency than the European Union based vehicle fleet.
Growing use of Adblue in construction equipment and agricultural machinery is projected to rise substantially due to the dependency on their agriculture sector. The agriculture sector generates up to 50 percent of GDP and contributes to more than 80 percent of trade in value and around 50 percent of raw materials to industries.
Segmental Analysis
The segmentation of the South Africa AdBlue market is carried out on the basis of technology and application. The technology based segment of the market is bifurcated into Selective Catalytic Reduction and Exhaust Gas Recirculation. The selective Catalytic Reduction technology is accredited for around 82 percent of the market share in 2017 and is projected to touch USD 157.1 million by 2024. The application based segmentation of the market is segmented into farm machinery, automotive, construction machinery, railway engines, electronic generators, and others. Amongst these applications, the automotive industry accounts for around 62 percent of the overall market share in 2017. The segment is projected to achieve values worth USD 118.7 million by 2024 while growing at a CAGR of 5.03 percent. The passenger cars segment is singularly responsible for approximately 48 percent share of the overall automotive segment in 2017 and is estimated to develop at a strong CAGR of 5.06 percent by the end of the forecast period. However, railway engines segment is estimated to develop at a top CAGR of 5.67percent in the forecast period.
Competitive Analysis
The companies are yet to make noteworthy development in the AdBlue market. Though, the firms have strategic visions to deliver quality-based products and services to their customers across the globe. Few of the important companies functioning in the South Africa AdBlue Oil market are Engen Petroleum Ltd (South Africa), BASF SE (Germany), and Viscol.Co.Za (Republic of South Africa).
Access Report @ https://www.marketresearchfuture.com/reports/south-africa-adblue-oil-market-6223
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
COVID-19 Study in Detail:
Impact of COVID-19 on Iso-Propyl Alcohol Market
Impact of COVID-19 on Steel Extruded Products Market
Coronavirus Outbreak and Plastic Films Market
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AdBlue Oil Market Growth | Segments, Size, Share, Trends, Demand, Key Player profile and Regional Outlook by 2024
AdBlue is used to reduce nitrogen oxide and nitrogen dioxide which are two of the most unpleasant tailpipe pollutants in vehicles. Adblue is predominantly used in vehicles equipped with SCR technology or selective catalytic reduction. As adblue significantly reduces and controls atmospheric pollution that causes smog in urban centres, its demand is increasing gradually. The uptick in the adoption of green practices is powering the development of the adblue market considerably. Increased penetration of AdBlue in agriculture and construction machinery is likely to offer significant opportunities to the AdBlue market during the forecast period.
The South Africa AdBlue Oil Market Growth was valued at USD 136.1 million in 2017 and is anticipated to develop at a strong CAGR of 4.83 percent to reach USD 188.0 million by the end of the forecast period from 2016 to 2024.
The market in South Africa for AdBlue in terms of volume had a capacity of 327.1 thousand tonnes in 2017 and is expected to develop at a strong CAGR of 4.24 percent throughout the forecast period. The South African market is an emerging country-level market for diesel exhaust fuel (adblue) and is expected to provide substantial development reasons over the forthcoming years. Owing to the increasing automotive sales, the passenger vehicles would further dictate the automotive segment in the coming years. In addition to this, rail businesses such as ABB, Bombardier, and General Electric have established their assembly plants in South Africa, which have been motivating the country’s diesel consumption and ultimately the demand for adblue. As compared to other regions, the African automotive market is significantly smaller. In the African region, South Africa is a highly lucrative market for automotives. The automotive industry is projected to observe an optimistic change owing to the revitalizing economic scenario. This can be accredited to the swell in the income levels and the rise of the middle-class population. Therefore, the Adblue market’s growth in the region is closely following the rise of the automobile sector. Also, the highly protected automotive industry of the country is expected to become fully integrated into the global strategies of foreign parent companies, creating further impetus for the market’s growth. However, the high rate of emission from the increased production and sales of vehicles in South Africa has to be regulated through proper policy measures and tools so as to control the increased carbon footprints. The environment protection regulations have become stringent due to the high number of vehicles in South Africa that have considerably lower fuel efficiency than the European Union based vehicle fleet.
Growing use of Adblue in construction equipment and agricultural machinery is projected to rise substantially due to the dependency on their agriculture sector. The agriculture sector generates up to 50 percent of GDP and contributes to more than 80 percent of trade in value and around 50 percent of raw materials to industries.
Segmental Analysis
The segmentation of the South Africa AdBlue market is carried out on the basis of technology and application. The technology based segment of the market is bifurcated into Selective Catalytic Reduction and Exhaust Gas Recirculation. The selective Catalytic Reduction technology is accredited for around 82 percent of the market share in 2017 and is projected to touch USD 157.1 million by 2024. The application based segmentation of the market is segmented into farm machinery, automotive, construction machinery, railway engines, electronic generators, and others. Amongst these applications, the automotive industry accounts for around 62 percent of the overall market share in 2017. The segment is projected to achieve values worth USD 118.7 million by 2024 while growing at a CAGR of 5.03 percent. The passenger cars segment is singularly responsible for approximately 48 percent share of the overall automotive segment in 2017 and is estimated to develop at a strong CAGR of 5.06 percent by the end of the forecast period. However, railway engines segment is estimated to develop at a top CAGR of 5.67percent in the forecast period.
Competitive Analysis
The companies are yet to make noteworthy development in the AdBlue market. Though, the firms have strategic visions to deliver quality-based products and services to their customers across the globe. Few of the important companies functioning in the South Africa AdBlue Oil market are Engen Petroleum Ltd (South Africa), BASF SE (Germany), and Viscol.Co.Za (Republic of South Africa).
Access Report @ https://www.marketresearchfuture.com/reports/south-africa-adblue-oil-market-6223
Related Chemicals And Materials Market Research Report@ https://www.marketresearchfuture.com/categories/chemicals-market-report
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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