Report overview
Urea SCR cleans the exhaust after combustion. The urea solution is held in a separate storage tank and injected as a fine mist into the hot exhaust gases. The heat breaks the urea down into ammonia--the actual NOx-reducing agent. Through a catalytic converter, the ammonia breaks the NOx down to harmless nitrogen (N) gas and water vapor. The exhaust is no longer a pollutant; the atmosphere is about 80% nitrogen gas. The storage tank is urea tank.
This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle Urea Tank, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Vehicle Urea Tank. This report contains market size and forecasts of Commercial Vehicle Urea Tank in global, including the following market information:
Global Commercial Vehicle Urea Tank Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Commercial Vehicle Urea Tank Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Commercial Vehicle Urea Tank companies in 2022 (%)
The global Commercial Vehicle Urea Tank market was valued at US$ 459.9 million in 2022 and is projected to reach US$ 586.8 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Commercial Vehicle Urea Tank key players include Cummins, KUS Auto, Elkhart Plastics, Centro Incorporated, Shaw Development, etc. Global top five manufacturers hold a share over 40%.
North America is the largest market, with a share nearly 40%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, 19 liters is the largest segment, with a share over 35%. And in terms of application, the largest application is HD On Road, followed by HD Off Road.
We surveyed the Commercial Vehicle Urea Tank manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Commercial Vehicle Urea Tank Market, by Size, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Commercial Vehicle Urea Tank Market Segment Percentages, by Size, 2022 (%)
19 liters
38 liters
57 liters
114 liters
Others
Global Commercial Vehicle Urea Tank Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Commercial Vehicle Urea Tank Market Segment Percentages, by Application, 2022 (%)
HD Off Road
HD On Road
Global Commercial Vehicle Urea Tank Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Commercial Vehicle Urea Tank Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Commercial Vehicle Urea Tank revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Commercial Vehicle Urea Tank revenues share in global market, 2022 (%)
Key companies Commercial Vehicle Urea Tank sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Commercial Vehicle Urea Tank sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cummins
Elkhart Plastics
Centro Incorporated
Shaw Development
KUS Auto
R?chling Group
Salzburger Aluminium
Hitachi Zosen
Elkamet
SSI Technologies
Solar Plastics
KaiLong
Outline of Major Chapters:
Chapter 1: Introduces the definition of Commercial Vehicle Urea Tank, market overview.
Chapter 2: Global Commercial Vehicle Urea Tank market size in revenue and volume.
Chapter 3: Detailed analysis of Commercial Vehicle Urea Tank manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by size, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Commercial Vehicle Urea Tank in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Commercial Vehicle Urea Tank capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
