Diesel Particulate Filter Market Scope research to 2029
Diesel
Particulate Filter Market was valued at USD 17.18 billion in 2021 and is
expected to reach USD 24.23 billion by 2029, registering a CAGR of 4.39% during
the forecast period of 2022-2029.
Diesel Particulate Filter Market Dynamics
This section deals with understanding the market drivers, advantages,
opportunities, restraints and challenges. All of this is discussed in detail as
below:
Drivers
- Stringent
Emission Regulation
The implementation of stringent emission regulation across the globe
encouraging companies to develop emission free vehicles acts as one of the
major factor driving the growth of diesel particulate filter market. These
regulations comprise of two regulations including on-road vehicles and for off
road vehicles.
- Increase
in demand for diesel engines
The surge in inclination towards diesel engines over gasoline engines
owing to their superior fuel economy, durability, and reliability, associated
with a favorable fuel tax situation further influence the market.
- Demand
of Heavy and Luxury Vehicles
The surge in demand of heavy and luxury vehicles rising along with the increase
in diesel operated vehicles accelerate the market growth. Also, increase in the
sales of passenger cars owing to the consumer preference
toward economic vehicles assists in the expansion of the market.
Opportunities
Furthermore, increase in demand for other particulate filters extend
profitable opportunities to the market players in the forecast period of 2022
to 2029.
Market Definition
A diesel particulate filter, or DPF, refers to an exhaust aftertreatment
device that assist in trapping particulate matter including ash and soot. A DPF
generally makes the use of a substrate that is made of a ceramic material
formed into a honeycomb structure. These filters are considered ideal for
filtering out emissions and various types of pollutants from the vehicle. These
are also beneficial in declining number of carbon and smoke emissions.
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Global Diesel Particulate Filter Market Scope
The diesel particulate filter market is segmented on the basis of
substrate type, regeneration catalyst, equipment type, regeneration process and
vehicle type. The growth amongst these segments will help you analyze meagre
growth segments in the industries and provide the users with a valuable market
overview and market insights to help them make strategic decisions for
identifying core market applications.
Substrate Type
- Cordierite
- Silicon Carbide
- Others
Regeneration Catalyst
- Platinum-Rhodium
- Palladium-Rhodium
- Platinum-Palladium-Rhodium
Equipment Type
- Agriculture Equipment
- Construction Equipment
Regeneration Process
- Passive
- Active-Fuel assisted
- Active-Electrically Assisted
Vehicle Type
- Passenger Car
- LCV
- Truck
- Bus
Competitive Landscape and Diesel Particulate Filter Market Share
Analysis
The diesel particulate filter market competitive landscape provides
details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, global presence, production sites and
facilities, production capacities, company strengths and weaknesses, product
launch, product width and breadth, application dominance. The above data points
provided are only related to the companies' focus related to diesel particulate
filter market.Some of the major players operating in the diesel particulate
filter market are
- Johnson Matthey (UK)
- Marelli Holdings Co., Ltd. (Italy)
- BASF SE (Germany)
- SANGO Co., Ltd (Japan)
- Umicore (Belgium)
- Perkins Engines Company Limited (UK)
- CDTi Advanced Materials, Inc. (US)
- Nett Technologies Inc. (Canada)
- Eberspächer (Germany)
- Continental AG (Germany)
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MAJOR TOC OF THE REPORT
Ø Chapter
One: Introduction
Ø Chapter
Two: Market Dynamics
Ø Chapter
Four: Market Definition
Ø Chapter
Three: Market Scope
Ø Chapter
four: Market Share Analysis
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