Latin America Diesel Exhaust Fluid Market Size & Outlook
The diesel exhaust fluid market in Latin America is expected to reach a projected revenue of US$ 965.8 million by 2030. A compound annual growth rate of -9.7% is expected of Latin America diesel exhaust fluid market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,517.8
Forecast, 2030 (US$M)
$965.8
CAGR, 2025 - 2030
-9.7%
Report Coverage
Latin America
Latin America diesel exhaust fluid market, 2018-2030 (US$M)
Latin America diesel exhaust fluid market highlights
- The Latin America diesel exhaust fluid market generated a revenue of USD 4,344.6 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, passenger cars was the largest revenue generating vehicle in 2023.
- Passenger Cars is the most lucrative vehicle segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 4,344.6 million |
| Market revenue in 2030 | USD 7,165.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Passenger cars |
| Fastest growing segment | Passenger Cars |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Cars |
| Key market players worldwide | TotalEnergies SE, Shell PLC, Basf SE, Sinopec Oilfield Service Corp Class H, Cummins Inc, CF Industries Holdings Inc, Dyno-Rod, Nutrien Ltd, Honeywell International Inc, Faurecia Clean Mobility |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.9% of the global diesel exhaust fluid market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 19,749.0 million by 2030.
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Diesel Exhaust Fluid Market Scope
Diesel exhaust fluid market segmentation & scope
Component
Catalysts
Tanks
Injectors
Sensors
Others
Vehicle Type
Passenger Cars
LCVs
HCVs
Application
Construction Equipment
Agricultural Tractors
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
China
India
Japan
Brazil
Argentina
Saudi Arabia
South Africa
Diesel Exhaust Fluid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America Diesel Exhaust Fluid Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
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