Stratview Research announces the launch of a new research report on the Diesel Particulate Filter Market by Substrate Type (Cordierite, Silicon Carbide, and Others), by Regeneration Catalyst Type (Platinum-Rhodium (Pt-Rh), Palladium-Rhodium (Pd-Rh), and Platinum-Palladium-Rhodium (Pt-Pd-Rh)), by Vehicle Type (Passenger Car, Light Commercial Vehicles, and Medium & Heavy Commercial Vehicles), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Highlights from the Report
The diesel particulate filter market was estimated at USD 17.8 billion in 2022 and is likely to grow at a healthy CAGR of 11.19% during 2023-2028 to reach USD 33.73 billion in 2028.
The rise in the per capita income of consumers, increasing vehicle production, and stringent fuel emission standards are the major factors propelling the demand for DPF in the automotive industry.
What is a diesel particulate filter?
Diesel particulate filter may seem to be an unknown device, but it is of the highest importance in any automotive type. It is the filtering device that is used in removing the particulate matter of diesel from the diesel engine or exhaust gas.
Diesel particulate filter is used across a wide number of vehicles such as passenger cars, light commercial vehicles, trucks, and buses.
The report comprises an analytical representation of the Diesel Particulate Filter Market size along with current trends, challenges, and future estimations to depict imminent investment pockets. To understand the profitable trends and gain a stronger foothold, the report also helps the users with key information related to growth drivers, restraints, and opportunities in the market. The current Diesel Particulate Filter Market forecast is quantitatively analyzed from a particular time period of 5 years to benchmark the financial competency. The user will also get detailed info about the market trends and share of key vendors.
Report Features
This report provides critical insights into the market dynamics and enables strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Key success factors
This report studies the Diesel Particulate Filter Market and has segmented the market in few ways, keeping in mind the interest of all the stakeholders across the value chain. Following are the ways in which the market is segmented.
By Substrate Type
Based on the substrate type, the diesel particulate filter market is segmented as cordierite, silicon carbide, and other substrates. The silicon carbide segment dominated the market and is expected to remain the largest segment during the forecast period as well, owing to its widespread use in passenger cars.
By Regeneration Catalyst Type
Based on the regeneration catalyst type, the diesel particulate filter market has been segmented as Platinum-Rhodium, Palladium-Rhodium, and Platinum-Palladium-Rhodium. Palladium-Rhodium is the largest segment and is expected to remain dominant during the forecast period. However, the Platinum-Palladium-Rhodium segment is expected to witness the highest growth during the forecast period, owing to their applicability in medium & heavy commercial vehicles. The penetration of DPF in medium & heavy commercial vehicles is expected to increase significantly owing to the implementation of stringent emission standards across the globe.
Regional Insights
Europe is the largest market for diesel particulate filters owing to stringent emission standards from the EU Commission and the presence of major OEMs and DPF suppliers in the region. Asia-Pacific is likely to witness the highest growth in the global diesel particulate filter market owing to the growing presence of major automotive OEMs in the region along with the implementation of stringent fuel emission standards in countries, such as China, India, and ASEAN.
Following are the key players in the Diesel Particulate Filter Market:
- Faurecia
- Tenneco Inc.
- Eberspächer
- Johnson Matthey
- Continental AG
- Denso Corporation
- Friedrich Boysen GmbH & Co. KG
- BOSAL
- Corning Incorporated
- CDTi Advanced Materials, Inc.
About Stratview Research-
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