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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.
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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
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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.
Contact us: Market Reports On South Africa Tel: +91 22 27810772 / 27810773 Email: [email protected] Website: http://www.marketreportsonsouthafrica.com
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Adblue Oil Market Research | Growth, Trends, Absolute Opportunity and Value Chain -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.
Segmental Analysis
The segmentation of the South Africa AdBlue market is carried out on the basis of technology and application.
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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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AdBlue Research Report 2021-2028
This report elaborates the market size, market characteristics, and market growth of the AdBlue industry, and breaks down according to the type, application, and consumption area of AdBlue. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for AdBlue in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19. In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Also Read: http://www.marketwatch.com/story/barium-sulphate-precipitated-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2021-2028-2021-06-23
Key players in the global AdBlue market covered in Chapter 13: Clestra Hauserman Faay Wall and Ceiling Systems FECO ENVATECH MOZ DESIGNS Adexsi Bene planet partitioning FEAL Croatia Ltd. Kuferle GmbH & Co. KG Apton Partitioning Adotta Italia srl Maars Punto di Isola & C. Sas Pan-All Arlex Dynamobel Codutti METALGLAS Line Systems Matfor 2 Kaynemaile Limited Nordwall International Citterio Modulo Gerhardt Braun Ge Giussani Movinord FLAT BY ARTIS MBA-Design & Display Produkt
In Chapter 6, on the basis of types, the AdBlue market from 2015 to 2025 is primarily split into: Glass Material Metal Material Wooden Material Others
In Chapter 7, on the basis of applications, the AdBlue market from 2015 to 2025 covers: Residential Commercial Industria
Also Read: http://www.marketwatch.com/story/june-2021-report-on-global-usa-mitomycin-c-market-cagr-volume-and-value-2015-2026-2021-06-03
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5: United States Europe China Japan India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12: North America (Covered in Chapter 8) United States Canada Mexico Europe (Covered in Chapter 9) Germany UK France Italy Spain
Also Read: http://www.marketwatch.com/story/june-2021-report-on-global-spearmint-essential-oil-market-overview-size-share-and-trends-2021-2026-2021-06-03
Others Asia-Pacific (Covered in Chapter 10) China Japan India South Korea Southeast Asia Others Middle East and Africa (Covered in Chapter 11) Saudi Arabia UAE South Africa Others South America (Covered in Chapter 12) Brazil Others
Years considered for this report: Historical Years: 2015-2019 Base Year: 2019 Estimated Year: 2020 Forecast Period: 2020-2025
Also Read: http://www.marketwatch.com/story/june-2021-report-o-n-global-worldwide-prebiotic-foods-markt-size-share-value-and-competi-tive-landsc-ape-2021--20-26-2021-06-09
List OF CONTENTS AND TABLES:
1 AdBlue Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 AdBlue Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 AdBlue Market Forces
3.1 Global AdBlue Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
Also Read: http://www.marketwatch.com/story/june-2021-report-on-global-hazardous-location-thermostats-market-overview-size-share-and-trends-2021-2026-2021-06-10
4 AdBlue Market - By Geography
4.1 Global AdBlue Market Value and Market Share by Regions
4.1.1 Global AdBlue Value ($) by Region (2015-2020)
4.1.2 Global AdBlue Value Market Share by Regions (2015-2020)
4.2 Global AdBlue Market Production and Market Share by Major Countries
4.2.1 Global AdBlue Production by Major Countries (2015-2020)
4.2.2 Global AdBlue Production Market Share by Major Countries (2015-2020)
4.3 Global AdBlue Market Consumption and Market Share by Regions
4.3.1 Global AdBlue Consumption by Regions (2015-2020)
4.3.2 Global AdBlue Consumption Market Share by Regions (2015-2020)
5 AdBlue Market - By Trade Statistics
5.1 Global AdBlue Export and Import
5.2 United States AdBlue Export and Import (2015-2020)
5.3 Europe AdBlue Export and Import (2015-2020)
5.4 China AdBlue Export and Import (2015-2020)
5.5 Japan AdBlue Export and Import (2015-2020)
5.6 India AdBlue Export and Import (2015-2020)
5.7 ...
6 AdBlue Market - By Type
6.1 Global AdBlue Production and Market Share by Types (2015-2020)
6.1.1 Global AdBlue Production by Types (2015-2020)
6.1.2 Global AdBlue Production Market Share by Types (2015-2020)
6.2 Global AdBlue Value and Market Share by Types (2015-2020)
6.2.1 Global AdBlue Value by Types (2015-2020)
6.2.2 Global AdBlue Value Market Share by Types (2015-2020)
6.3 Global AdBlue Production, Price and Growth Rate of Sodium Sulphate Method (2015-2020)
6.4 Global AdBlue Production, Price and Growth Rate of Sulphuric Acid Method (2015-2020)
6.5 Global AdBlue Production, Price and Growth Rate of Others (2015-2020)
7 AdBlue Market - By Application
7.1 Global AdBlue Consumption and Market Share by Applications (2015-2020)
7.1.1 Global AdBlue Consumption by Applications (2015-2020)
7.1.2 Global AdBlue Consumption Market Share by Applications (2015-2020)
7.2 Global AdBlue Consumption and Growth Rate of Plastic (2015-2020)
7.3 Global AdBlue Consumption and Growth Rate of Rubber (2015-2020)
7.4 Global AdBlue Consumption and Growth Rate of Powder coatings (2015-2020)
8 North America AdBlue Market
8.1 North America AdBlue Market Size
8.2 United States AdBlue Market Size
8.3 Canada AdBlue Market Size
8.4 Mexico AdBlue Market Size
8.5 The Influence of COVID-19 on North America Market
….….continued
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AdBlue Oil Market Value Share, Analysis and Segments -2024
AdBlue Oil Market Value Share, Analysis and Segments -2024
Market Research Future Published a Research Study on South Africa AdBlue Oil Market Research Report, Size, Share and Industry Analysis- Forecast to 2024
South Africa AdBlue Oil Market: Overview
The duration would also see a substantial rise in the valuation. AdBlue is a type of fluid that cleans up harmful pollutants of the NOX group such as the NO2. The trademark is owned by the German…
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New Post has been published on Qube Magazine
New Post has been published on https://www.qubeonline.co.uk/fuel-management-is-history-depot-management-is-the-future/
Marketing Manager
NEWS FEATURES FIRE & SECURITY SUBMISSIONS RESOURCES
FUEL MANAGEMENT IS HISTORY- DEPOT MANAGEMENT IS THE FUTURE
You will find the ancient Greek prefix of ‘Dia’ occurring in spoken language frequently, ‘diagnosis’, ‘diameter’ and ‘dialect’ to name a few. It’s meaning however is always the same, ‘thoroughly,’ ‘completely’ & ‘end to end’ which perfectly summarises the DIALOG fuel management system. You will hear many providers of fuel management claim ‘thorough’ and ‘complete’ capabilities, but few can compare with the DiaLOG system’s portfolio of commercial fleet fuelling depot management. In addition to working with your electronic tank gauging system to accurately manage and reconcile your diesel, AdBlue, and fuel oils. The DiaLOG can plug in to all the vital aspects of your depot. security cameras, doors & gates, hydrogen dispensers, electric vehicle charge points and even your vehicle wash centre can all be monitored from the one thoroughly, complete, end to end, DiaLOG fleet depot management system. If you don’t have all these components at your depot the DiaLOG fleet fuel management system is still excellent value for money monitoring just one diesel pump. It is designed to be as flexible as you need it to be, growing and expanding with your business meeting your evolving operational needs.
Cameron Forecourt now part of TSG is able, at no cost to provide a site development plan with you to gradually expand your depot’s functionality adding electric vehicle charging, the Tokheim Eye security camera system and a Karcher Vehicle wash to name but a few features you could benefit from. Through exclusive collaborations with the world’s leading manufacturers in depot fuelling equipment, Cameron Forecourt with TSG have the manpower and skills to deliver the project management, installation and ongoing servicing of a truly complete depot. Paul Hill, TSG’s Commercial Technical Manager explains, ‘What makes DiaLOG unique is when they designed the system, they looked at all the models and method of fuel management already on the market, then selecting the best components and combining them. They then took DiaLOG to another level by interfacing it with equipment outside of the normal fuel pump parameters incorporating site security, vehicle management & alternative fuelling including electric vehicle charging.’ The DiaLOG system is currently used by commercial fleet fuelling customers across the UK with a proven track record for reliability and accuracy. Please don’t hesitate to contact Cameron Forecourt delivering the TSG Fleets range of products and services on 01226 742 441.
Marketing Manager Fuel Management is History – Depot Management is the Future
NEWS FEATURES FIRE & SECURITY SUBMISSIONS RESOURCES
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Adblue Industry Share, Market Growth, Size, Demand, Key Player, Development Analysis and Forecast 2027
Adblue Market including size, forecast, trend, share, growth, overview, key players, technologies, market drivers, challenges, standardization, regulatory landscape, opportunities, future roadmap, value chain, ecosystem player profiles and strategies forecast to 2027.
AdBlue Global Market Overview:
AdBlue is a non-hazardous solution, consisting 32.5% urea and 67.5% de-ionized water.This urea solution is consumed during selective catalytic reduction (SCR), which is sprayed into the exhaust stream. It is burnt at very high temperatures for breaking harmful nitrogen oxides produced by diesel engines into harmless nitrogen and water.
The market is driven by various factors such increase in the use of selective catalytic reduction technology, stringent government regulations for the use of diesel exhaust fluid, and increase in production of vehicles. The Ad Blue has various constraints that hinder the market such as increase in sale of electric vehicles has restrained the use of diesel exhaust fluid.
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Top Key Players:
Shell
BASF
Bosch
Daimler AG
Fiat group automobiles
Nissan chemical
Alchem AG
Mitsui Chemical
Yara
The manufacturer who wants to certify the engine and vehicle has to first demonstrate that the emission control systems are durable and would not harm the environment.For the control of emission, the government has set some regulations in order to protect the environment.
API Diesel Exhaust Fluid (DEF) certification program is a government program that is set to certify and monitor the quality of the diesel exhaust fluid used in diesel engine vehicles.Manufacturers who have satisfied the requirements of ISO 22241 (Diesel engines – NOx reduction agent AUS 32), have the license to display the mark of API Diesel Exhaust Fluid Certification.
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Ad Blue Market are that of new product development.
On November 2017,Yara International acquired leading nitrogen provider Agronomic Technology Corp (ATC), in U.S. so as to improve the sustainability of farmer profitability.
On February 2015,Cummins Filtration had introduced Lube filtration for ISX15 diesel engines. This development will bring change in the performance of heavy-duty diesel engine market.
In 2015, Brenntag entered in the agreements to acquire J.A.M. Distributing Company, LLC and G.H. Berlin-Windward to provide services to industrial, commercial, automotive, and marine end markets
Ad Blue Market Regional Analysis:
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 2015, CF Industries had started a new urea plant in Donaldsonville in order to cater North America region. North America is mainly dependent on import of nitrogen, due to which the market is expected to growth in the forecast period. This dependency on nitrogen will lead to the growing consumption of urea, which will drive the AdBlue Market.
Asia Pacific is one of the largest consumer of fertilizers in the world due to increase in the consumption of nitrogen and urea. The major dependency of urea in India is due to the imports of nitrogen and phosphate. This dependency will lead to the growth of the urea market, which will indirectly drive the growth of diesel exhaust fluid market. The consumption of fertilizers in South Asia is more as compared to other region due to which Asia Pacific is expected to be the largest market in the forecast period.
AdBlue Market Report Market Segmentation:-
AdBlue Market can be categorized into types, usage method, and applications
AdBlue Market by Types:-
Packaging (Packets, containers, Cans and Drums)
Equipment (Filling equipment, Tanks, Pumps, Pistols, and Adaptors)
Others
AdBlue Market by Usage method:-
Pre combustion (Inter cooling, Swirl and reduction of oil consumption)
Post combustion (SCR, Particulates filters, EGR)
Others
AdBlue Market by Applications:-
Commercial vehicles
Non-road mobile machines
Cars and passenger vehicles
Railways
Others
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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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About Market Research Future:
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.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Brazil Generates Highest Demand for Marine Engines in South America: TechSci Research
According to recently published TechSci Research report “SouthAmerica Marine Engines Market By Type, By Application, By Engine Power Rating, By Country, Competition Forecast & Opportunities, 2023’’, South America marine engines market is anticipated to be surpass $ 1.7 billion by 2023. Factors such as emerging technologies in marine engines market, rising inclination towards seaborne trade coupled with growing demand for ferries, commercial and tug boats are fuelling growth in South America marine engines market. Moreover, increasing demand for cruisers and boats for recreational purposes coupled with growth in international trading activities is further likely to contribute to the growing demand for marine engines across South America region in the coming years.
Browse 34 Figures spread through 58 Pages and an in-depth TOC on "South America Marine Engines Market"https://www.techsciresearch.com/report/south-america-marine-engines-market/3300.html
In 2017, commercial applications accounted for the largest market share, in terms of value, in South America marine engines market. The dominance of this segment can be attributed to increasing use of marine engines in commercial activities. Brazil is the leading player in South America marine engines market and is likely to maintain its dominance during forecast period as well on account of growing maritime trade and anticipated economic growth of the country.
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“Growing demand for waterways for freight transportation and rising government investments in shipbuilding industry and inland waterways would drive the demand for marine engines in South America in the coming years. Moreover, insufficient capacity of the cargo containers coupled with rising mergers & acquisition activities by major marine engine manufacturers would further aid the growth of South America marine engines market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“South America Marine Engines Market By Type, By Application, By Engine Power Rating, By Country, Competition Forecast & Opportunities, 2023’’ has evaluated the future growth potential of South America marine engine market and provides statistics and information on market size, structure and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in South America marine engines market.
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Kingspan Environmental renamed
Kingspan Water & Energy has been formed after a change of focus
Kingspan Environmental is being renamed Kingspan Water & Energy.
The change has been announced, in part, to reflect the division’s recent focus on water and energy solutions. Its product portfolios will now be grouped under Water Management Solutions (to include wastewater, surface water and rainwater harvesting), and Energy Management Solutions (to include diesel, oil, AdBlue, agri storage, renewables, cylinders and intelligent monitoring solutions).
Meanwhile, Service Solutions will continue as a key element to both portfolios, offering an exclusive support package for Kingspan customers.
Pat Freeman, Kingspan Water & Energy Divisional managing director, said: “For the last 50 years, Kingspan has been creating sustainable solutions for sourcing, storing and protecting water and energy, supporting homes and businesses across the world.
“It’s quite a legacy, and one that we intend on building on as Kingspan Water & Energy.
“It’s important to underline here that, regardless of the name change, our vision and core values will remain the same. While we are determined to push forward with innovations and into global markets, our main goal – wherever we are – is to preserve and protect water and energy sources for future generations.”
“Customers and other stakeholders will see no immediate change in how we work or transact with them.”
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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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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.
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 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 Size: Segments, Industry Analysis and Demand 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 Size 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
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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Text
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.
0 notes
Text
AdBlue Oil Market Analysis | Trends, Size, Share, 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 Analysis 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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