Pune, India, August, 2018 /MRFR Press Release/- Market Research Future published a half-cooked research report on Global Diesel Particulate Filter (DPF) Market. The Global Diesel Particulate Filter Market is expected to witness ~11% CAGR during the period, 2018 to 2023.
The diesel particulate filter (DPF) is a device used to control the diesel particulate emissions-including particle mass with high efficiency as it amputates the diesel particulates matter from the exhaust gas. Depending on the condition of filter and other paired equipment, DPF can attain 100% soot removal. Increase in environmental concerns has resulted in a rise in demand for the formation of strict legislation to minimize the particulate emissions. Efficiency of the diesel engine is higher than petrol vehicles. This advantage has fueled the production of diesel vehicles in many developing countries, causing an increase in demand for DPFs. However, increased demand for electric and hybrid vehicles is expected to hamper the market growth during the forecast period.
Drivers: Diesel Particulate Filter (DPF) System
Market Research Analysis
In terms of region, the Global DPF market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Europe is estimated to hold the highest revenue market share in 2017 and is expected to dominate during the forecast period. The factors that drive the growth of DPF market in Europe are increased awareness regarding the environment and adverse effect of pollution on human population have directed the governments and the European Union towards promoting the use of DPF.
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Scope of the Report
This study provides an overview of the Global DPF market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global DPF system market by substrate type, regeneration catalyst, sales channel, vehicle type, and regions.
The prominent players in the Global DPF market include Delphi (US), Tenneco Inc. (US), Faurecia (France), Johnson Matthey (UK), Bosal International (Belgium), and MANN+HUMMEL (Germany). NGK Insulators, LTD. (Japan), Denso (Japan), Donaldson Company Inc. (US), BASF (Germany), and Continental AG (Germany), are among others.