South Africa AdBlue Oil Research Report Information: Type, Application, Region and End-Use – Forecast Till 2023
Competitive Tracking:
In the course of research on the subject, several prominent players have come to light who are lauded for their strategic visions to offer quality-based products and services which stand up to South Africa standards, thus facilitating market growth. Prominent players in the South Africa AdBlue oil market include Engen Petroleum Ltd., Viscol Co.Za., and BASF SE.
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.
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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 South Africa emission standards is also reflecting favorably on the market in South Africa.
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.
Segmentation:
MRFR segments the South Africa AdBlue market by technology and application for an in-depth study of the market.
Based on the technology, the South Africa AdBlue market can be segmented into selective catalytic reduction and exhaust gas recirculation. The selective catalytic reduction technology has almost 82% of the market share in 2017 and can touch USD 157.1 million by 2024.
Based on the application, the South Africa AdBlue market includes farm machinery, automotive, construction machinery, railway engines, electronic generators, and others. The automotive industry had sway over 62% of the overall market share in 2017. The segment is anticipated to exceed a valuation of USD 118.7 million by 2024 with a CAGR of 5.03%. Out of all, the passenger car segment controls well over 48% of the entire automotive segment in 2017and can achieve a CAGR of 5.06% over the review period. However, railway engines segment can record a 5.67% CAGR during the review period.
Competitive Analysis:
Companies worth mention in the South Africa AdBlue market as per the report of MRFR include BASF SE (Germany), Engen Petroleum Ltd (South Africa), and Viscol.Co.Za (Republic of South Africa).
Group Renault is revolutionizing the segment where they have redesigned their SCR system. The new engine would be called Blue dCi. Renault’s two new models Dacia Duster in two power versions, Blue dCi 95 and Blue dCi 115 can be considered exemplary. With such innovations, Renault is planning to expand its market presence in countries such as South Africa.
In 2018, Yara South Africa was eyeing for benefit from their world’s largest AdBlue oil manufacturing unit in the Brunsbüttel, Germany which has a production capacity of 1.1 million tons per year.
Opel launched its new advanced engine with Grandland X compact sports utility vehicle (SUV). The new model can easily meet the new environmental standards. This would help Opel in cementing its market position in South Africa.
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