South Africa AdBlue Oil Market 2019 | Trends, Drivers, Strategies, Applications and Competitive Landscape 2024

Report 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.

Players Covered:

BASF SE (Germany), Engen Petroleum Ltd (South Africa), and Viscol.Co.Za (Republic of South Africa).

The report offers insights on the leading market players and evaluates their current market share. Company information such as annual revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives are available in the report.

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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.

Research Methodology:

Market Research Future (MRFR) employ fail-safe research approaches for analyzing data collected through primary and secondary research inputs which include interviews with top-level executives across the value-chain (CEOs, Business Development Managers, VICE Presidents, etc.), SEC filings, annual reports of top-notch market players, paid database services, publications by international and national organizations. Top-down and bottom-up approaches are employed to authenticate the accuracy and credibility of critical data and statistical observations available in our reports. A multi-layer verification process reaffirms the reliability of the market analysis that is supported by our in-house expertise and advanced research tools. Emphasis is placed on drawing insightful conclusions backed by market-oriented, technical, and, commercial studies of industries to keep our clients ahead of the curve.

Other Description

Currency- USD Million

Base year- 2016

Volume Unit- Thousand Tons

Forecast Period- From 2017 to 2024

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South Africa AdBlue Oil Market 2018 Growth Rate, Revenue, Manufacturers, Customer Needs and Forecast to 2024

Report 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.

Players Covered

BASF SE (Germany), Engen Petroleum Ltd (South Africa), and Viscol.Co.Za (Republic of South Africa).

The report offers insights on the leading market players and evaluates their current market share. Company information such as annual revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives are available in the report.

Research Methodology

Market Research Future (MRFR) employ fail-safe research approaches for analyzing data collected through primary and secondary research inputs which include interviews with top-level executives across the value-chain (CEOs, Business Development Managers, VICE Presidents, etc.), SEC filings, annual reports of top-notch market players, paid database services, publications by international and national organizations. Top-down and bottom-up approaches are employed to authenticate the accuracy and credibility of critical data and statistical observations available in our reports. A multi-layer verification process reaffirms the reliability of the market analysis that is supported by our in-house expertise and advanced research tools. Emphasis is placed on drawing insightful conclusions backed by market-oriented, technical, and, commercial studies of industries to keep our clients ahead of the curve.

Other Description

Currency- USD Million

Base year- 2016

Volume Unit- Thousand Tons

Forecast Period- From 2017 to 2024

For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the South Africa AdBlue Oil Market

By Technology

Exhaust Gas Recirculation

Selective Catalytic Reduction

By Application

Automotive

Farm Machinery

Construction Machinery

Electronic Generators

Railway Engines

Others

Intended Audience

AdBlue Oil manufacturers

Suppliers and distributors

Potential investors

Raw material suppliers

Associations

Government

End-Use Industries

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South Africa AdBlue Oil Market 2018 | Emerging Trends, Highlights and Challenges Forecast 2024

AdBlue is used to reduce nitrogen oxide and nitrogen dioxide which are two of the most unpleasant tailpipe pollutants in vehicles. Adblue is predominantly used in vehicles equipped with SCR technology or selective catalytic reduction. As adblue significantly reduces and controls atmospheric pollution that causes smog in urban centres, its demand is increasing gradually. The uptick in the adoption of green practices is powering the development of the Adblue Market considerably. Increased penetration of AdBlue in agriculture and construction machinery is likely to offer significant opportunities to the AdBlue Market during the forecast period. The South Africa AdBlue Oil Market was valued at USD 136.1 million in 2017 and is anticipated to develop at a strong CAGR of 4.83 percent to reach USD 188.0 million by the end of the forecast period from 2016 to 2024.

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 country’s 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 Market’s 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 market’s 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.

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.

Competitive Analysis

The companies are yet to make noteworthy development in the AdBlue Market. Though, the firms have strategic visions to deliver quality-based products and services to their customers across the globe. Few of the important companies functioning in the South Africa AdBlue Oil Market are Engen Petroleum Ltd (South Africa), BASF SE (Germany), and Viscol.Co.Za (Republic of South Africa).

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