India AdBlue Market Revenue by Storage Type, 2018 - 2030, (USD Million)
Synopsis
The above chart is India AdBlue Market Revenue by Storage Type, 2018 - 2030, (USD Million)
Market Dynamics
the adblue market in india is witnessing significant growth, driven by the increasing demand for vehicles that comply with strict emission regulations. adblue, also known as diesel exhaust fluid (def), is a solution made of water and urea that is used to reduce harmful emissions from diesel-powered vehicles. it is commonly used in heavy-duty commercial vehicles, such as trucks and buses, which contribute to a large portion of air pollution in india.
the revenue of the indian adblue market is primarily influenced by the storage type of the fluid. there are various storage options available, including bulk storage, portable containers, and dispensing equipment. each storage type has its own advantages and is used in different settings based on convenience and cost-effectiveness.
the bulk storage method is the most widely used option in india, where large quantities of adblue are required on a regular basis. it involves setting up a storage tank at the refilling station, from which the fluid can be pumped into the vehicles. this method is preferred by transport companies and fleet owners as it is cost-effective and efficient. it also ensures a continuous supply of adblue, reducing the risk of running out of the fluid during long hauls.
portable containers, on the other hand, are a popular storage option for individual vehicle owners or small businesses. these containers come in various sizes, from small bottles to large barrels, and can be easily transported and refilled. this option is suitable for those who do not require a large quantity of adblue and do not have access to bulk storage facilities.
dispensing equipment, such as pumps and nozzles, are essential for both bulk storage and portable containers. these tools ensure accurate and mess-free refilling, preventing any spillage and wastage of the fluid. they also come with various safety features, making it easier for operators to handle the adblue.
apart from the storage type, the revenue of the adblue market in india is also influenced by the pricing of the fluid. a major challenge for the industry is the availability of low-quality and counterfeit adblue in the market. this not only affects the revenue of the legitimate players but also poses a threat to the environment by increasing emissions. as a result, there are strict regulations in place to ensure the quality of adblue, which affects the pricing of the fluid.
in conclusion, the storage type is a crucial factor determining the revenue of the adblue market in india. with the growing demand for adblue, the industry is witnessing innovations in storage options to cater to different sectors and consumers' needs.