Diesel Particulate Filter Market Research Report – Forecast to 2027

Diesel Particulate Filter Market Report: Information by vehicle Type (PV, LCV, HCV, Off-Highway Vehicle), Material Type (Cordierite, Silicon Carbide, Ceramic Fibre, Others), Product Type (Regenerating, Disposable), Sales Channel - Forecast till 2027

ID: MRFR/AM/4813-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Diesel Particulate Filter Market Overview:


Diesel particulate filter market is estimated to witness a 8% CAGR, forecast by 2027


Diesel particulate filters are good at filtering out emissions and various types of pollutants from motor vehicles. They also reduce the number of carbon and smoke emissions that these vehicles emit. The CAGR for the Diesel Particulate Filter Market is 8%. It’s expected to remain this way until at least the end of 2027.


COVID-19 analysis


COVID-19 made its grand appearance on the global stage in March of 2020. Since this virus could be dangerous to many and deadly to a few, governments decided to take measures to contain it. They did so by lockdowns and quarantines. Even though only 1% of people who got COVID-19 died from it, the fact that many more who recovered from it became diabetic over time and faced other medical complications moved governments to declare it a global pandemic.


What further compounded the problem was that those who recovered from COVID-19 could still be reinfected with a more virulent strain of the disease after a few months of recovery. This was especially the case if they did not have many symptoms the first time around.


This adversely affected the diesel particulate filter market because it halted the production of the raw materials needed to make these filters. This drove up the cost of making these filters. Manufacturers were forced to pass this higher cost onto consumers in the form of higher retail prices. This momentarily held back growth in the market because overall sales slumped. Customers were loathe to pay much more for goods when more affordable substitutes that worked just as well were readily available.


Competitive landscape


The diesel particulate filter market is very competitive despite high barriers to entry. However, new players are constantly entering into the industry. Entrenched and new players are surviving by investing heavily in research and development. They are also engaging in joint ventures and mergers in acquisitions. The hope is that these measures will help them strengthen their positions in the existing markets. They also want to enter into new markets by doing this.


BorgWarner is a key American player in the diesel particulate filter market. It’s retaining its superior market position through heavy investment in research and development. It’s also using innovation and creativity to bring a new generation of innovative and useful products to market.


One such example is in the electric boosting technologies that it sells for hybrid vehicles. They put pressure on automotive systems. This helps them emit more polluting particles that can be filtered with diesel particulate filters.


List of Key companies


The major players in this industry are:



  • Delphi (US), Tenneco Inc. (US),

  • Faurecia (France),

  • Johnson Matthey (UK),

  • Bosal International (Belgium).

  • MANN+HUMMEL (Germany),

  • NGK Insulators, LTD. (Japan),

  • Denso (Japan),

  • Donaldson Company Inc. (US),

  • BASF (Germany),

  • Continental AG (Germany)


Market Dynamics


Drivers


Many governments around the world have been growing more concerned about the effects of polluting particles on the environment in recent years. They have responded by imposing strict regulations and guidelines with regards to carbon emissions. This has been a major factor that has been driving growth in the diesel particulate filter market. These regulations and guidelines have pushed those vehicle manufacturers who still make vehicles and cars that run on petroleum and natural gas to explore options that will allow for cleaner burning of these naturally polluting fuels.


These manufacturers see diesel particulate filters as being a way to make cars and motor vehicles that function in ways that are friendlier for the environment.


Demand for diesel-powered motor vehicles has risen dramatically in recent years because they’re more fuel-efficient and give more mileage per gallon than regular gasoline does. This has been another factor that has driven demand in the diesel particulate filter market.


Opportunities


The rapid urbanization of the world coupled with rapid population growth in developing nations has provided many opportunities for this market. This has also been coupled with the rise in purchasing power and the rapidly rising middle classes in developing nations. These two phenomena have led to the rapid rise in demand for automobiles and other motor vehicles. The production of both categories of vehicles has subsequently skyrocketed.


This is especially true in India and China. Both nations had a sparse middle class and were seen as being nations of bike riders even a few decades ago. However, both nations implemented far sweeping economic reforms in recent years. The middle classes and their purchasing power exploded. People in these nations (especially the middle classes) also became more environmentally conscious. They wanted to ‘do their part’ in terms of trying to slow down global warming and greenhouse gas emissions. One way that they could do this was by driving cars that burned traditional fossil fuels cleaner and more efficiently.


The middle classes in these nations were willing to pay a premium for diesel particulate filters. This sentiment was mirrored by their much richer counterparts in Western nations. Hence, the diesel particulate filter market began to grow rapidly.


Restraints


The fact that many governments in developed countries have passed legislation that has encouraged people to buy green (electric-powered) vehicles has been a restraining factor. This when combined with the fact that the prices of diesel particulate filters have skyrocketed in recent years thanks to COVID-19 has also hampered sales of these filters. Customers may be willing to pay a premium for these filters but not if doing so literally costs them ‘an arm and a leg’ in economic costs. They have responded by seeking out equally effective substitutes that are priced at lower price points.


Challenges


The harmonization of emissions standards is going to be a big challenge because diesel particulate filter manufacturers will have to invest heavily in research and development to develop the filter that can work on all types of vehicles in all countries. Emission standards must also converge in all nations across the world. This is the only way that the CAGR for the diesel particulate filter market will increase dramatically in a relatively short period of time. After all, it is of little use to consumers if a particulate filter that works well in India fails to meet the more stringent standards of the United Kingdom and/or the European Union. Similarly, a diesel particulate filter that meets American standards may be useless in India or China.


Cumulative growth analysis


The CAGR for the diesel particulate filter market is expected to be 8 until the end of 2027. The market is expected to be worth more than the US $24 billion at the end of this time period.


Technology analysis


BorgWarner is a major American company in the diesel particulate filter market. It has invested heavily in research and development to develop a new generation of diesel particulate filters. One of these is the sensor. This allows cars to sense when more emissions are being produced. The filters then filter out the excess particulates. The result is cleaner air and a greener environment.


Segment overview


By vehicle type


The diesel particulate filter market is divided into the following segments:



  • Passenger vehicle

  • Light commercial vehicle

  • Heavy commercial vehicles

  • Off-highway vehicles


By product type


The market is divided into the following product segments:



  • Regenerating type filters

  • Disposable type filters


By material type


Filters are made out of one of the following materials:



  • Cordierite wall flow filters

  • Silicon carbide wall flow filters

  • Ceramic fiber filters

  • Other


By sales channel


The market is divided into the following sales channel categories:



  • Original equipment manufacturer (OEM)

  • Aftersales markets


By region


The market is divided into the following regions:



  • North America

  • The European Union

  • The Asia-Pacific region

  • The rest of the world


Regional analysis


The European Union has the highest diesel particulate filter market share of all of the regions in the world. The reason being that its governments have passed very stringent emissions standards. These require heavy usage of and reliance on diesel particulate filters.


There are also many environmental protection agencies in the European Union. Some of these are the International Council on Clean Transportation, the Scottish Environment Protection Agency, and the Department for Environment and Food Rural Affairs in the United Kingdom. They want filters with newer technologies that are more effective since they’re always passing many more stringent laws, rules, and regulations regarding environmental pollution.


Recent developments



  • The market is projected to grow at a CAGR of over 10% now that particulate filters are being used more extensively

  • The HCV is the fastest-growing segment


Report overview


The diesel particulate filter market has been growing at a CAGR of 8%. This is expected to continue until at least the end of 2027. However, increased demand for these filters (largely spurred by stricter government regulations regarding vehicle pollution emissions) may drive this CAGR up to over 10%. The market is expected to be worth more than US $24 billion by then.



Report Scope:
Report Attribute/Metric Details
  Market Size   2025: USD 24 Billion
  CAGR   8% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units    Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Vehicle Type, Material Type, Product Type, Sales Channel
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Delphi (US), Tenneco Inc. (US), Faurecia (France), Johnson Matthey (UK), Bosal International (Belgium). MANN+HUMMEL (Germany), NGK Insulators, LTD. (Japan), Denso (Japan), Donaldson Company Inc. (US), BASF (Germany), Continental AG (Germany)
  Key Market Opportunities

  • Rapid urbanization of the world coupled with rapid population growth in developing nations
  • Rise in purchasing power and the rapidly rising middle classes in developing nations
  •   Key Market Drivers

  • Growing more concerned about the effects of polluting particles on the environment
  • Imposing strict regulations and guidelines with regards to carbon emissions


  • Frequently Asked Questions (FAQ) :


    The global diesel particulate filter market is maturing at a whopping 11% CAGR over the review period of 2017 to 2023.

    A few significant players of the global diesel particulate filter market are BASF (Germany), and Continental AG (Germany), Donaldson Company Inc. (US), are among others.

    The HCV segment is expected to drive market growth over the review period.

    The OEM segment is likely to witness the highest demand in the diesel particulate filter market.

    The silicon carbide segment is slated to witness higher growth over the assessment period.