Diesel Particulate Filter Market Size to experience an impressive growth of 8.3% during 2019-2024
Diesel Particulate Filter Market: Trends, Analysis & Forecast upto 2024. Discover associated growth opportunities, market dynamics, success factors and more.
(IINews) - Diesel Particulate Filter (DPF) Market is likely to witness a healthy CAGR of 8.3% during the forecast period. Rise in 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.
Diesel Particulate Filter Market Insights:
By Substrate Type:
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 wide-spread use in passenger cars.
By Regeneration Catalyst Type:
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 2019-2024, owing to their applicability in medium & heavy commercial vehicles. The penetration of DPF in medium & heavy commercial vehicle is expected to increase significantly owing to the implementation of stringent emission standards across the globe.
By Region:
Europe is the largest market for diesel particulate filters owing to stringent emission standards from the EU commission and 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.
Features of the Report
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Based on the research, a proper report is crafted with the following key features:
•Market structure: Overview, industry life cycle analysis, supply chain analysis
•Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
•Market trend and forecast analysis
•Market segment trend and forecast
•Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
•Attractive market segments and associated growth opportunities
•Emerging trends
•Strategic growth opportunities for the existing and new players
•Key success factors
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Datum: 08.05.2020 - 07:58 Uhr
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