DEF Market to Witness Sustained Demand Amid Clean Air Initiatives

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2025-05-27 06:21:12 - Translate -

The global Diesel Exhaust Fluid (DEF) market was valued at USD 4,890.3 million in 2023 and is anticipated to grow to USD 5,208.8 million in 2024, reaching USD 8,626.4 million by 2031. This growth reflects a compound annual growth rate (CAGR) of 7.47% throughout the forecast period. The increasing demand for cleaner emissions and the adoption of Selective Catalytic Reduction (SCR) technology in...

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