Global Diesel Particulate Filter Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 17.18 Billion |
Market Size (Forecast Year) |
USD 24.23 Billion |
CAGR |
|
Major Markets Players |
Global Diesel Particulate Filter Market, By 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) - Industry Trends and Forecast to 2029
Market Analysis and Size
Diesel particulate filters play a crucial role in the functioning of trucks and diesel-fuel cars. Failing to maintain these filters could cost a significant loss. Diesel particulate filters are being commercialized around the world. These filters are all set to be commercialized for highway light- and heavy-duty diesel engines in the coming future.
Global 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. Palladium-Rhodium accounts for the largest technology segment in the respective market owing to the increase in the use of use in most passenger cars. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Forecast Period |
2022 - 2029 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
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) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
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), and Continental AG (Germany), among others |
Market Opportunities |
|
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.
Additionally, expansion of the automotive sector, surge in investments and increased disposable income positively affect the diesel particulate filter 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. Also, introduction of active regenerative electronically controlled DPF further escalate the growth of diesel engine catalyst market.
Restraints/Challenges faced by the Diesel Particulate Filter Market
On the other hand, increase in shift trend towards gasoline and hybrid propulsion in light duty vehicles and concerns regarding DPF theft are expected to obstruct market growth. Also, issues with commercialization of DPF and harmonization of emission standards are projected to challenge the diesel particulate filter market in the forecast period of 2022-2029.
This diesel particulate filter market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the diesel particulate filter market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
COVID-19 had a Major Impact on Diesel Particulate Filter Market
The COVID-19 had a negative impact on the diesel particulate filter market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand for diesel particulate filter. The supply chain got hampered during the pandemic along with delay logistics activities. However, the diesel particulate filter market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Recent Developments
- Johnson Matthey launched ActivDPFTM diesel particulate filter (DPF) system, an innovative system in March’2019 for stationary diesel engines. The technology offers engineers and facility operators clean energy whenever needed with no requirement of filter monitoring system.
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
Diesel Particulate Filter Market Regional Analysis/Insights
The diesel particulate filter market is analyzed and market size insights and trends are provided by country, substrate type, regeneration catalyst, equipment type, regeneration process and vehicle type.
The countries covered in the diesel particulate filter market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific (APAC) dominates the diesel particulate filter market because of the presence of new emission standards regulated by the government and rise in awareness about automotive catalysts within the region.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the presence of major automotive companies and growing transport industry in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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)
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.