Diesel Particulate Filter Market 2019 Global Trends, Share, Industry Size, Growth, Key Players, Segmentation And Industry Forecast To 2023

Diesel Particulate Filter Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2023.

Diesel Particulate Filter Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market key players forecast to 2023

The global diesel particulate filter market 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. A diesel particulate filter or DPF is a device that has been specially designed for removing soot or diesel particulate matter from exhaust gases of diesel engines. Various systems are possible here, resting on the condition of use and the application. An opened particulate filter system is generally utilized when retrofitting vans, mobile homes, or cars. A closed particulate filter system is utilized when retrofitting heavy goods cars or as original equipment in vehicles.

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These filters are self-cleaning, which means they burn the soot deposits continuously. Moreover, it is maintenance-free, and will last the entire life of the car. Particulate filters are manufactured of different materials resting on the manufacturer: sintered metal, aluminum titanate, silicon carbide or cordierite. The efficiency of diesel engines is higher compared to petrol versions. This advantage has pushed the production and sales of diesel vehicles in various developing counties, thereby increasing the demand for diesel particulate market.

Various factors are pushing the growth of the diesel particulate filter market. These factors, in accordance to the Market Research Future (MRFR) report, include an increase in purchase power parity, the rapid rate of urbanization, increase in population, increase in the use of diesel automobiles, stringent emission regulations laid down by the government and rising health and environmental concerns.

On the contrary, harmonization of emission standards, burgeoning demand for hybrid and electric vehicles, and shift in consumers preference for light duty vehicles comprising of hybrid and gasoline propulsion are factors that may hinder the diesel particulate filter market growth over the forecast period.

Market Segmentation

The Market Research Future report offers a wide segmental analysis of the diesel particulate filter market based on vehicle type, material type, product type, and sales channel.

Based on vehicle type, the diesel particulate filter market 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 market 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 market 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 market is segmented into the aftersales market, and original equipment manufacturer (OEM).

Regional Analysis

Based on the region, the diesel particulate filter market 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 market 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.

Key Players

Leading players profiled in the diesel particulate filter market 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.

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