South Africa AdBlue Oil Market Size To Expand at a Notable CAGR Of 36.58% During 2022 - 2030

Pune, India, February,2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global South Africa AdBlue Oil Market.

Overview:

The South Africa AdBlue oil market to score 36.58% CAGR during the forecast period (2022 - 2030), 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 of 36.58% 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.

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 Mannol South Africa, 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.

Browse Complete Report @ South Africa AdBlue oil market share