9:45 AM Diesel Particulate Filter Market Size to Grow at a CAGR of 8.3% |
| Diesel Particulate Filter Market is expected to grow at a CAGR of 8.3% during the next five years, according to a newly added report by Stratview Research. 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.
The report offers detailed insights in relevant market segments, their growth rates, latest market trends, forecasts, and other important details. The market has been segmented in four ways and the report has more than 150 figures and tables providing the most comprehensive information about the market segments and their growth prospects for the forecast period. Request a sample of the report here As per the report, among different 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. 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. View the Table of Contents here 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. The report further mentions about the key manufacturing players Faurecia, Tenneco Inc., Eberspacher, Johnson Matthey, Continental AG, Denso Corporation, Friedrich Boysen GmbH & Co. KG, BOSAL, Corning Incorporated, and CDTi Advanced Materials, Inc. who are emerging fast and their roles in the growing market. It also portraits the important mergers, acquisitions, and other current happenings in the Diesel Particulate Filter Market that can be helpful for the interested clients in analysing the market and taking right decisions accordingly. Salient Features of the Report The report on Diesel Particulate Filter Market is a well-researched work after analysing of various data from different reliable sources. The report included some of the salient features such as:
About Stratview Research: Stratview Research is a global research company offering custom research and marker research reports for interested client in different sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Healthcare & Life Sciences, and Oil & Gas. All the reports generated are based on proper data collected from reliable sources and are scrutinized carefully before releasing so that the interested clients and companies can make the most out of it. For inquiries, Contact: Ritesh Gandecha Stratview Research E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176 |
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