What is Diesel Particulate Filter?
Diesel particulate filters are devices that physically captures and removes diesel particulates matter from the exhaust gas of vessels in order to reduce emission from diesel operating vehicles. Diesel particulate filters remove soot by filtering exhaust from the engine. It consists of particle deposition mechanism which effectively controls the solid fraction of diesel including carbon element and black smoke emission. Various types of diesel particulate filters are segregated on the basis of the regeneration process, material type, regeneration catalyst, and disposable type filters. Diesel Particulate Filters reduces the emission of hydrocarbons, carbon monoxide and particulate matter by 60-90% which makes environment pollution free. Growing Production and Sales of Diesel Vehicles and Emission Regulation for Vehicles and Machines by the government has robust the growth of the Global Diesel Particulate Filter.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Faurecia (France), Tenneco Inc. (United States), Eberspaecher (Germany), Johnson Matthey (United Kingdom), Continental AG (Germany), DENSO CORPORATION (Japan), Friedrich Boysen GmbH & Co. KG (Germany), Freudenberg Filtration Technologies SE & Co. KG (United States), NGK INSULATORS, LTD. (Japan) and BOSAL (Belgium) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Regenerating Type Filters and Disposable Type Filters) , by application (On-Road, Off-Road and Others) and major geographies. Research Analyst at AMA predicts that United States, Japanese and German Vendors will contribute to the maximum growth of Global Diesel Particulate Filter market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Diesel Particulate Filter market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Faurecia (France), Tenneco Inc. (United States), Eberspaecher (Germany), Johnson Matthey (United Kingdom), Continental AG (Germany), DENSO CORPORATION (Japan), Friedrich Boysen GmbH & Co. KG (Germany), Freudenberg Filtration Technologies SE & Co. KG (United States), NGK INSULATORS, LTD. (Japan) and BOSAL (Belgium).
Market Overview:
In June 7, 2022 Tenneco Inc. (NYSE: TEN) today announced that its shareholders voted to approve Tenneco's pending acquisition by affiliates of Apollo Global Management, Inc. at Tenneco's annual meeting of shareholders held earlier today.
The factor responsible for hindering the growth of the Diesel Particulate Filter Market is a shift in the preference for light-duty vehicles consisting of gasoline and hybrid propulsion acts as one restraining factor.
Influencing Trend:
Stricter emissions regulations worldwide are pushing for continuous improvement in DPF technology.
Market Growth Drivers:
Growing Production and Sales of Diesel Vehicles, Emission Regulation for Vehicles and Machines and Increased Demand for Diesel Engines in Developing Regions
Challenges:
Compliance of Emission Standards
Restraints:
Shifting Trend toward Gasoline and Electric Vehicles in Developed Countries
Opportunities:
Introduction of Active Regenerative Electronically Controlled DPF
Key highlights of the Global Diesel Particulate Filter market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Diesel Particulate Filter market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Diesel Particulate Filter market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Diesel Particulate Filter Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Diesel Particulate Filter market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Diesel Particulate Filter market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Diesel Particulate Filter Manufacturers, Raw Materials Suppliers, Government, Research & Development Organizations, Industry Associations, Automobile Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.