The market research report, entitled Diesel Particulate Filter Market shows good possibilities in the Diesel Particulate Filter Market during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges, and key players in the market.

Global Diesel Particulate Filter Market Forecast:

The diesel particulate filter market was estimated at USD 17.8 billion in 2022 and is likely to grow at a healthy CAGR of 11.19% during 2023-2028 to reach USD 33.73 billion in 2028.

The rise in the 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.

What is a diesel particulate filter?

Diesel particulate filter may seem to be an unknown device, but it is of the highest importance in any automotive type. It is the filtering device that is used in removing the particulate matter of diesel from the diesel engine or exhaust gas.

Diesel particulate filter is used across a wide number of vehicles such as passenger cars, light commercial vehicles, trucks, and buses.

Some linchpins in the market are:

  • Faurecia
  • Tenneco Inc.
  • Eberspächer
  • Johnson Matthey
  • Continental AG
  • Denso Corporation
  • Friedrich Boysen GmbH & Co. KG
  • BOSAL
  • Corning Incorporated
  • CDTi Advanced Materials, Inc.

Diesel Particulate Filter Market Segmentation:

The report segments based on demographics, geographics, benefits, and volume, etc, have different driving factors and identify the most-attractive segments and sub-segments. Diesel Particulate Filter Market segmentation will not only help marketers to be more efficient in terms of time, money, and other resources but also allows companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.

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 widespread 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 during the forecast period, owing to their applicability in medium & heavy commercial vehicles. The penetration of DPF in medium & heavy commercial vehicles 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 the 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.

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Ritesh Gandecha

Stratview Research

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