Diesel Exhaust Fluid Market Exceed to $45 0 billion by 2027 – Business ipsnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipsnews.net Daily Mail and Mail on Sunday newspapers.
CHICAGO, Feb. 17, 2021 /PRNewswire/ According to the new market research report "Diesel Exhaust Fluid Market by Component (SCR Catalyst, DEF Tank, Injector, Supply Module, Sensor), OHV Market
Bulk segment by supply mode is expected to have the largest market share in 2020
Bulk supply mode is commonly used for the distribution of diesel exhaust fluid to fleet owners. Despite the expected increase in the distribution of diesel exhaust fluid through dispensing pumps in the next 7 years, bulk mode will always be preferred by fleet owners, as it is cheaper than all the other supply modes of DEF.
The construction equipment segment by off-highway vehicle application is expected to hold the largest market share in 2020
Tier-IV refers to air emission standards published by the U.S. Environmental Protection Agency (EPA), while Stage-IV are equivalent standards laid down by the European Commission. These standards are applicable to engines used in off-highway vehicles. Essentially, manufacturers are mandated to reduce particulate matter and nitrogen oxide levels by 50%-90%. The EPA and California Air Resources Board (CARB) have adopted a similar set of standards and there are no