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Diesel Particulate Filter Market Projected to Grow at a Steady Pace During 2021-2026
Posted: Feb 13, 2023
Stratview Research publishes a new report titled Diesel Particulate Filter Market which is segmented 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).
Market Insights
Diesel Particulate Filter Market is likely to witness a healthy CAGR of 8.3% during the forecast period. Rise in 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.
Global Diesel Particulate Filter Market Report Segments:
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 wide-spread use in passenger cars.
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, owing to their applicability in medium & heavy commercial vehicles. The penetration of DPF in medium & heavy commercial vehicle is expected to increase significantly owing to the implementation of stringent emission standards across the globe.
Europe is the largest market for diesel particulate filters owing to stringent emission standards from the EU commission and 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.
Why is this report beneficial?
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
It also offers –
- Market Overview
- Key Manufacturers Profiles
- Market Analysis by Region
- Market Segment by Type
- Market Segment by Application
- Raw Material and Supply Chain
- Other Key Research Findings
All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.
Key players active in the market –
The following are some of 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.
Customization of the report –
At Stratview Research, the market researchers make a note of opportunities, drawbacks/bottlenecks, estimations, and information related to the market using experienced skills and verified methodologies. Our research reports offer an exceptional experience of innovative solutions and outcomes to the users. If required, user can also opt for customization of the report.
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Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. Website: https://www.stratviewresearch.com/