The global automotive selective catalytic reduction (SCR) market is to grow at a CAGR of 8.5% during the forecast period. One of the key factors that are fueling the market is the growing restrictions on the transportation norms in most countries across the globe. This has pushed the vehicle manufacturers to add all the components for the diesel exhaust fluid (DEF) system such as SCR unit, urea tank, and others in the diesel vehicle for reducing the NOx emission. As per Euro 6 norms, a diesel vehicle cannot emit more than 80mg/km of NOx gases which had pushed manufacturers to implement solutions to reduce NOx emission. Such norms have increased the demand for SCR units among the consumers and contributed to reduction in the emission.
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The global automotive selective catalytic reduction (SCR) market is segmented based on the vehicle type and component. Based on the vehicle type, the market is segmented into passenger vehicles and commercial vehicles. Based on the component, the market is segmented into the urea tank, urea pump, injector, and sensor. Based on type, the passenger type segment is expected to grow significantly in the market owing to the increasing use of DEF systems in passenger vehicles.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Selective Catalytic Reduction (SCR) Market Report Segment
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
By Component
- Urea Tank
- Urea Pump
- Injector
- Electronic Control Unit
Global Automotive Selective Catalytic Reduction (SCR) Market Report by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive selective catalytic reduction (SCR) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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