Global Commercial Vehicle Urea Tank Market Insights and Forecast to 2028

Commercial Vehicle Urea Tank Market

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.

Due to the COVID-19 pandemic, the global Commercial Vehicle Urea Tank market size is estimated to be worth US$ 464.9 million in 2022 and is forecast to a readjusted size of US$ 578.2 million by 2028 with a CAGR of 3.7% during the review period.

Fully considering the economic change by this health crisis, 19 liters accounting for % of the Commercial Vehicle Urea Tank global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While HD Off Road segment is altered to an % CAGR throughout this forecast period.

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.

In terms of production side, this report researches the Commercial Vehicle Urea Tank capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Commercial Vehicle Urea Tank by region (region level and country level), by company, by Size and by Application. from 2017 to 2022 and forecast to 2028.

Commercial Vehicle Urea Tank market is segmented by Size and by Application. Players, stakeholders, and other participants in the global Commercial Vehicle Urea Tank market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Size and by Application for the period 2017-2028.

By Type

• 19 liters
• 38 liters
• 57 liters
• 114 liters
• Others

By Application

• HD Off Road
• HD On Road

By Company

• Cummins
• Elkhart Plastics
• Centro Incorporated
• Shaw Development
• KUS Auto
• Röchling Group
• Salzburger Aluminium
• Hitachi Zosen
• Elkamet
• SSI Technologies
• Solar Plastics
• KaiLong

Production By Region

• North America
• Europe
• China
• Japan
• Australia

Consumption By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE