South Africa AdBlue Oil Market New Industry Research on Present State & Future Growth Prospects by 2024 - PowerPoint PPT Presentation

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South Africa AdBlue Oil Market New Industry Research on Present State & Future Growth Prospects by 2024

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Title: South Africa AdBlue Oil Market New Industry Research on Present State & Future Growth Prospects by 2024


1
South Africa AdBlue Oil Market Research Report -
Forecast to 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
2
South Africa AdBlue Oil Market Research Report-
Forecast to 2024
South Africa AdBlue Oil Market - 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. 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. 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 global emission
standards is also reflecting favorably on the
market in South Africa.
3
South Africa AdBlue Oil Market Research Report-
Forecast to 2024
Segmental Analysis
The segmentation of the South Africa AdBlue
market is carried out on the basis of Technology
and Application. The Technology Based Segment
of the Market is bifurcated into Selective
Catalytic Reduction and Exhaust Gas
Recirculation. The selective Catalytic Reduction
technology is accredited for around 82 percent of
the market share in 2017 and is projected to
touch USD 157.1 million by 2024. The
Application Based Segmentation of the market is
Segmented into farm machinery, automotive,
construction machinery, railway engines,
electronic generators, and others. Amongst these
applications, the automotive industry accounts
for around 62 percent of the overall market share
in 2017. The segment is projected to achieve
values worth USD 118.7 million by 2024 while
growing at a CAGR of 5.03 percent. The passenger
cars segment is singularly responsible for
approximately 48 percent share of the overall
automotive segment in 2017 and is estimated to
develop at a strong CAGR of 5.06 percent by the
end of the forecast period. However, railway
engines segment is estimated to develop at a top
CAGR of 5.67percent in the forecast
period. Browse Detailed TOC, Description, and
Companies Mentioned in Report _at_
https//www.marketresearchfuture.com/reports/south
-africa-adblue-oil-market-6223
4
South Africa AdBlue Oil Market Research Report-
Forecast to 2024
Regional Outlook
The market in South Africa for AdBlue in terms
of volume had a capacity of 327.1 thousand tonnes
in 2017 and is expected to develop at a strong
CAGR of 4.24 percent throughout the forecast
period. The South African market is an emerging
country-level market for diesel exhaust fuel
(adblue) and is expected to provide substantial
development reasons over the forthcoming years.
Owing to the increasing automotive sales, the
passenger vehicles would further dictate the
automotive segment in the coming years. In
addition to this, rail businesses such as ABB,
Bombardier, and General Electric have established
their assembly plants in South Africa, which have
been motivating the countrys diesel consumption
and ultimately the demand for adblue. As compared
to other regions, the African automotive market
is significantly smaller. In the African region,
South Africa is a highly lucrative market for
automotives. The automotive industry is projected
to observe an optimistic change owing to the
revitalizing economic scenario. This can be
accredited to the swell in the income levels and
the rise of the middle-class population.
Therefore, the Adblue markets growth in the
region is closely following the rise of the
automobile sector. Also, the highly protected
automotive industry of the country is expected to
become fully integrated into the global
strategies of foreign parent companies, creating
further impetus for the markets growth. However,
the high rate of emission from the increased
production and sales of vehicles in South Africa
has to be regulated through proper policy
measures and tools so as to control the increased
carbon footprints. The environment protection
regulations have become stringent due to the high
number of vehicles in South Africa that have
considerably lower fuel efficiency than the
European Union based vehicle fleet. Growing use
of Adblue in construction equipment and
agricultural machinery is projected to rise
substantially due to the dependency on their
agriculture sector. The agriculture sector
generates up to 50 percent of GDP and contributes
to more than 80 percent of trade in value and
around 50 percent of raw materials to industries.
5
South Africa AdBlue Oil Market Research Report-
Forecast to 2024
Major Players in this Research
  • South Africa AdBlue Oil Market Prominent Players
  • Engen Petroleum Ltd (South Africa)
  • BASF SE (Germany)
  • Viscol.Co.Za (Republic of South Africa)

Obtain a Sample copy of Latest Trends in Chemical
Market _at_ https//www.marketresearchfuture.com/samp
le_request/6223
6
ABOUT US
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. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
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