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The Diesel Exhaust Fluid (DEF) market is a subset of the exhaust systems and components industry. DEF is a non-toxic, colorless, and odorless fluid that is used in diesel engines to reduce emissions of nitrogen oxides (NOx). It is injected into the exhaust stream of diesel engines to break down NOx into nitrogen and water vapor. The DEF market is driven by the increasing demand for diesel engines and the stringent regulations on emissions. The rising demand for diesel vehicles in emerging markets is also expected to drive the DEF market.
The DEF market is segmented into automotive, commercial, and industrial applications. Automotive applications include passenger cars, light commercial vehicles, and heavy commercial vehicles. Commercial applications include buses, trucks, and off-road vehicles. Industrial applications include construction, mining, and agricultural equipment.
Some of the major companies in the DEF market are BASF, Yara International, Air Liquide, Cummins, and Shell. Show Less Read more