Press release
Automotive Gasoline Particulate Filter (GPF) Market Is Booming Across The Globe Exlored In Latest Research 2019 - 2027
Automotive gasoline particulate filters (GPF) are used to control the emission levels of particulate matters in various gasoline direct injection engines (GDI). These engines are equipped with exhaust systems in the vehicles. It can also be used as an emission after- treatment technology based on the principals of diesel particulate filters (DPF), it is used to control the particulate emissions from gasoline direct injection (GDI) engines. This technology is also known as petrol particulate filter (PPF) or Otto particle filter (OPF). The particulates are segregated and trapped on the walls of the filters which are collected from the engine exhaust gases before it is dispersed into the environment by reducing the particulate emission level. Gasoline particulate filters are used to reduce carbon emission in the environment as automobile manufacturers are concentrating on developing vehicles with less carbon emission.The rising number of GDI vehicles in the market across the globe is the major reason for growth of the automotive gasoline particulate filter (GPF) market. The major driving factor for the automotive gasoline particulate filter (GPF) market is increase in production and sale of GDI vehicles in the market. Changing government norms related to carbon emission is among the major drivers for the growth of the automotive gasoline particulate filter (GPF) market. In regions such as Europe, many countries have adopted the Euro 6 policy in which various emission standards are set for the emission rates from vehicles; for instance, the particle number (PN) emission standards have been standardized for gasoline passenger cars and light commercial vehicles.
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In the European Union, the Euro 6 regulation has set a PN limit for gasoline direct injection (GDI) vehicles that are equivalent to those for diesel vehicles. The major restraint of the automotive gasoline particulate filter (GPF) market is the changing preference of customers toward zero emission vehicles and also the laws imposed by governments of several countries pertaining to the banning of GDI engines and GDI vehicles in the coming years. This is likely to be the major restraint of the automotive gasoline particulate filter (GPF) market during the forecast period.
The global automotive gasoline particulate filter (GPF) market can be segmented based on vehicle type, sales channel, and region. Based on vehicle type, the market can be classified into passenger vehicle, light commercial vehicle, and heavy commercial vehicle. The passenger vehicle segment can be further sub-segmented into hatchback, sedan, and SUV/MUV. In terms of sales channel, the global automotive gasoline particulate filter (GPF) market can be split into OEM and aftermarket. In terms of region, the market can be divided into Asia Pacific, Middle East & Africa, Europe, Latin America, and North America. The market in Asia Pacific is projected to expand at a prominent pace during the forecast period due to an increase in demand for vehicles and a rise in per capita income of customers in the region. Furthermore, China and India are major producers of automobiles, which in turn is expected to be a major factor that fuels the automotive gasoline particulate filter (GPF) market in Asia Pacific during the forecast period.
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Key players operating in the global automotive gasoline particulate filter (GPF) market include Tenneco Inc., Bekaert, Faurecia, Corning Incorporated, and Katcon.
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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The following regional segments are covered comprehensively:
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Asia Pacific
Europe
Latin America
The Middle East and Africa
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