Diesel Particulate Filter Industry Expected to Strike a CAGR of 11% over the Review Period

Summary

Global Diesel Particulate Filter Industry Report: Information by vehicle Type (PV, LCV, HCV, Off-Highway Vehicle), Material Type (Cordierite, Silicon Carbide, Ceramic Fibre, Others), Product Type (Regenerating, Disposable), Sales Channel — Forecast Till 2023

Diesel Particulate Filter Industry Analysis

The global Diesel Particulate Filter Industry is predicted to have an incredible growth at an 11% CAGR over the forecast period (2018-2023), reveals the latest Market Research Future (MRFR) report. DPFs are responsible for controlling diesel particulate emission and solid fraction of diesel particulates. The red flags raised by environmental degradation are expected to boost the growth pattern of the market over the next couple of years.

The stringent emission norms implemented by the governments all across the world for curbing the issue of pollution and minimizing health hazards are likely to propel the expansion of the diesel particulate market in the forthcoming years. The growing awareness about the adverse effects of carbon emission in conjunction with efforts to reduce carbon footprints is poised to favor the expansion of the market through the projection period.

Market Segmentation

The Market Research Future report offers a wide segmental analysis of the Diesel Particulate Filter Industry based on vehicle type, material type, product type, and sales channel.

Based on vehicle type, the Diesel Particulate Filter Industry is segmented into the off-highway vehicle, heavy commercial vehicle (HCV), light commercial vehicle (LCV), and passenger vehicles.

Based on material type, the Diesel Particulate Filter Industry is segmented into ceramic fiber filters, silicon carbide wall flow filters, cordierite wall flow filters, and others. Of these, the silicone carbide wall flow filters will have the largest share in the market over the forecast period.

Based on product type, the Diesel Particulate Filter Industry is segmented into disposable type filters, and regenerating type filters. Of these, disposable type filters will dominate the market over the forecast period.

Based on the sales channel, the Diesel Particulate Filter Industry is segmented into the aftersales market, and original equipment manufacturer (OEM).

Key Players

Leading players profiled in the Diesel Particulate Filter Industry report include Continental AG (Germany), BASF (Germany), Donaldson Company Inc. (US), Denso (Japan), NGK Insulators, LTD. (Japan), MANN+HUMMEL (Germany), Bosal International (Belgium), Johnson Matthey (UK), Faurecia (France), Tenneco Inc. (US), Delphi (US), and others.

June 2019- Mahindra is ready to meet the norms of BS6 by launching its BS6 diesel engines. Their 1.5 litre engines (Marazzo, XUV300, and Bolero) will get diesel particulate filters for complying with BS6. Besides, the engines in Marazzo and XUV300 will have a urea tank along with SCR. The company at present has eight diesel engines and will upgrade seven of them.

Regional Analysis

Based on the region, the Diesel Particulate Filter Industry report covers growth opportunities and the latest trends across the Asia Pacific, Europe, North America, and the Rest of the World. Of these, Europe will dominate the market over the forecast period. This is owing to the growing awareness regarding the environment, coupled with the adverse effect of pollution on people.

The Diesel Particulate Filter Industry in the APAC region will have a notable growth in the market over the forecast period. This is owing to the vital role of the diesel particulate filter to reduce car emissions. Moreover, the growing demand for diesel cars in the region is also likely to drive market growth.

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