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​South Africa AdBlue Market Size is Anticipated to Around US$ 188.00 Million by 2023, this Market is Expected to Develop with 4.83% CAGR During the Forecast Time Frame

Press release   •   Feb 19, 2019 01:56 EST

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.

The new research from Ameco Research on South Africa AdBlue Market Report for 2023 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of the quality of research.

The research is backed by extensive and in-depth secondary research which involves reference to various statistical databases, national government documents, relevant patent and regulatory databases, news articles, press releases, company annual reports, webcasts, financial reports, and a number of internal and external proprietary databases. This estimated data is cross-checked with industry experts from various leading companies in the market. After the entire authentication process, these reports are shared with subject matter experts (SMEs) for adding further value and to gain their insightful opinion on the research. With such robust process of data extraction, verification, and finalization, we firmly endorse the quality of our research. With such extensive and in-depth research and comprehensive coverage of information, it is always a possibility of clients finding their desired information in the report with enclosure of key components and valuable statistics in all regards.

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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.

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.

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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
  • Table of Contents

    South Africa AdBlue Oil Research Report- Forecast 2024

    1 Executive Summery

    2 Market Introduction
    2.1 Definition
    2.2 Scope of the Study
    2.3 List of Assumptions
    2.4 Market Structure

    3 Research Methodology
    3.1 Research Process
    3.2 Primary Research
    3.3 Secondary Research
    3.4 Market Size Estimation
    3.5 Forecast Model

    4 Market Dynamics
    4.1 Introduction
    4.2 Drivers Analysis
    4.2.1 Increasing penetration of passenger cars and commercial vehicles in the African market, wherein South Africa is a bright spot
    4.2.2 Gradual adoption of the global emission reduction norms
    4.3 Restraint Analysis
    4.3.1 Sluggish economic growth due to looming macroeconomic factors
    4.4 Opportunities
    4.4.1 Growing use of the product in agricultural machinery and construction equipment
    4.5 Challenges
    4.5.1 Fluctuating prices of urea, which are heavily influenced by the global trends

    5 Market Factor analysis
    5.1 Supply Chain Analysis
    5.1.1 Raw Material
    5.1.2 AdBlue Manufacturers
    5.1.3 Distribution Channel
    5.1.4 Applications
    5.2 Porter’s Five Forces Model
    5.2.1 Threat of New Entrants
    5.2.2 Threat of Rivalry
    5.2.3 Threat of Substitutes
    5.2.4 Bargaining Power of Supplier
    5.2.5 Bargaining Power of Buyer

    6 South Africa AdBlue Market, By Technology
    6.1 Introduction
    6.2 Exhaust Gas Recirculation
    6.3 Selective Catalytic Reduction

    7 South Africa AdBlue Market, By Application
    7.1 Introduction
    7.2 Automotive
    7.3 Farm Machinery
    7.4 Construction Machinery
    7.5 Electronic generators
    7.6 Railway Engines
    7.7 Others

    8 Competitive Landscape
    8.1 Introduction
    8.2 Key Development Analysis

    9 Company Profiles
    9.1 BASF SE
    9.1.1 Company Overview
    9.1.2 Financial Overview
    9.1.3 Products Offerings
    9.1.4 Key Developments
    9.1.5 SWOT Analysis
    9.1.6 Key Strategy
    9.2 Engen Petroleum Ltd.
    9.2.1 Company Overview
    9.2.2 Financial Overview
    9.2.3 Products Offerings
    9.2.4 Key Developments
    9.2.5 SWOT Analysis
    9.2.6 Key Strategy
    9.3 Viscol.co.za.
    9.3.1 Company Overview
    9.3.2 Financial Overview
    9.3.3 Products Offerings
    9.3.4 Key Developments
    9.3.5 Key Strategy

    10 Conclusion
    10.1 Key Findings
    10.1.1 CEO’s Viewpoint

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