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Diesel Particulate Filter Market Insights | Key Players: Yara International (Norway), China Petrochemical Corporation (Sinopec) (China), CF International Holdings, Inc. (U.S.), Total S.A. (France), and BASF SE (U.K.).

01-31-2019 12:19 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

Diesel Particulate Filter Market Insights | Key Players: Yara

According to the new market research report report "Diesel Exhaust Fluid Market by Component (SCR Catalyst, DEF Tank, Injector, Supply Module, Sensor), OHV Market by Application (Construction & Agriculture), Aftermarket by Vehicle Type, Supply Mode (Cans, IBC, Bulk & Pump), & by Region - Forecast to 2022", published by MarketsandMarkets™, The Diesel Particulate Filter market is projected to grow at a CAGR of 11.29% during the forecast period and is projected to reach a market size of USD 24.81 billion by 2025, from an estimated market size of USD 10.55 billion in 2018. The DPF aftermarket is projected to grow at a CAGR of 3.89% during the forecast period, from an estimated market size of USD 15.18 billion in 2018 to USD 20.59 billion by 2025.

Major factors driving the growth of this market include the introduction of stringent emission regulations and increased demand for diesel engines in developing countries. However, a major restraint for the DPF market is the increasing demand for gasoline and hybrid propulsion light-duty vehicles in developed countries.

Browse and in-depth TOC on “Diesel Particulate Filter Market"
103 - Tables
57 - Figures
180 - Pages

View Full Table of Content @ https://www.marketsandmarkets.com/Market-Reports/diesel-exhaust-fluid-market-155714937.html

“Silicon Carbide to be the fastest growing substrate of the Diesel Particulate Filter market”

The growth of Silicon Carbide can be attributed to the increasing stringency of emission regulations in developing countries such as India and China. Silicon Carbide is mainly used in passenger cars and LCV. As the production of these vehicles is significantly higher than heavy-duty vehicles, the market for silicon carbide is projected to grow at a faster rate compared to other substrates.

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“Passive regeneration process is expected to be the largest segment of Off-Highway Diesel Particulate Filer Market”

In the case of passive regeneration, carbon moves through the exhaust and is trapped by the particulate filter. The filter begins to accumulate carbon and another residual. This continues until conditions become favorable or the required temperature is reached for the elements to combust off the filter surface internally. The heat for this regeneration comes from the thermal energy that occurs naturally with exhaust temperatures of typical diesel engines. The passive regeneration is expected to be the largest segment in the agriculture tractors segment of off-highway DPF market.

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“Asia Pacific to be the largest and fastest growing market for diesel particulate filter”

The Asia Pacific region is estimated to dominate the diesel particulate filter market and is projected to be the largest and fastest growing market during the forecast period. The market growth in the region can be attributed to the upcoming emission regulations in India and China that are likely to be implemented by 2020. The diesel penetration is approximately 45% in light-duty vehicles and more than 95% in heavy-duty vehicles. The demand for DPF would increase significantly by 2020. The stringent emission regulations along with increasing diesel vehicle production make Asia Pacific the largest OE market for DPF during the forecast period.

The diesel particulate filter market consists of manufacturers such as Faurecia (France), Tenneco (US), Eberspaecher (Germany), BASF (Germany), Johnson Matthey (UK), Continental (Germany), Bosal (Belgium), Denso (Japan), Friedrich Boysen (Germany), and NGK Insulators (Japan).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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