South Africa AdBlue Oil Market:Overview
The South Africa AdBlue oil market to score 4.83% CAGR during the forecast period (2017-2024), predicted Market Research Future (MRFR) in their latest report on the said market.
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 Association of the Automobile Industry (VDA). The liquid has to be stored in the car and not injected into the engine. The vehicle’s exhaust takes up the liquid and through a chemical reaction cleans up the produced NOX and breaks them to nitrogen and water. Most of the diesel cars use the fluid in an attempt to curb environmental impacts. MRFR in their report included a detailed study of the segments based on both production and revenue. In sync, the report also focuses on the factors that can impact the future South Africa AdBlue oil market. Volume-wise the South Africa AdBlue market is expected to register a rise by 4.24% CAGR during the forecast period and exceed their previous production limit of 327.1 thousand tons with ease.
South Africa is currently witnessing a huge surge in the sale of passenger and commercial vehicle. Hence, the hike in the sale of AdBlue oil. The country has also introduced stringent emission standards to ensure the amount of pollutant released in the air stays within the limit. Apart from the automotive sector, the substance can also be used in the farm machinery, construction, electric generators, and railway engines.
Get a FREE Sample Report Now@ https://www.marketresearchfuture.com/sample_request/6223
South Africa AdBlue Oil Market: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)
- 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.
Segmentation:
MRFR segments the South Africa AdBlue market by technology and application for an in-depth study of the market.
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.
For More Information on This Report Visit@ https://www.marketresearchfuture.com/reports/south-africa-adblue-oil-market-6223
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.
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 products, services, technologies, applications, end users, 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.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/south-africa-adblue-oil-market-6223