Diesel Particulate Filter Market Size, Share, Growth Analysis, By Type(Ceramic Fiber, Metal Fiber), By End-Use Industry(Industrial, Automotive), By Region(North America, Europe) - Industry Forecast 2024-2031

Diesel Particulate Filter Market Competitive Landscape

To understand the competitive landscape, we are analyzing key Diesel Particulate Filter Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Diesel Particulate Filter Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

• iculate Filter (DPFs) captures and stores hazardous particles in diesel exhaust gases, preventing them from being released into the atmosphere. They trap particles in a filter that must be cleaned or regenerated regularly. The increasing adoption of DPF in various industries, such as automotive, construction, and agriculture, is driving the market. The market is growing due to concerns regarding environmental pollution and regulations imposed by various governments worldwide. One of the primary key drivers of the market is the automotive industry that increasingly adopts DPFs as a standard component in diesel engines. As governments worldwide tighten emission regulations, automobile manufacturers focus on reducing the harmful pollutants emitted by their vehicles. DPFs have proven to be an effective solution to this problem, and as a result, the demand for these devices is expected to grow significantly over the forecast years. The construction and industrial industries are also significant contributors to the DPFs market. These industries use many diesel-powered machines and vehicles and are a significant source of particulate emissions. The use of DPFs in these industries is becoming increasingly common as companies seek to comply with environmental regulations and improve air quality in the communities where they operate. Advancements in DPF technology have resulted in more efficient and durable filters. Innovations such as catalyzed filters, active regeneration systems, and improved filter materials enhanced the performance and reliability of DPFs. They are expensive, especially for older diesel vehicles that require retrofitting. The initial cost of purchasing and installing DPFs is a barrier for some vehicle owners. While the market for internal combustion engines persists, the increasing adoption of electric and hybrid vehicles impacts the long-term growth of DPFs.
• COVID-19 Impact:
• The COVID-19 pandemic had a negative impact on the market, as there has been a reduction in demand for diesel engines. With lockdowns and restrictions on travel, construction, and industrial and economic activity, there was a significant drop in demand for diesel-powered machinery and vehicles that led to a decrease in diesel consumption. Asia Pacific is one of the significant markets for DPF as there was an increase in the vehicle sales and the implementation of emission standards. The region is also witnessing a shift towards cleaner technologies, including adopting DPFs in construction and mining equipment to curb particulate matter emissions.
• Recent Developments:
• In April 2022, Corning Incorporated and The University of Edinburgh entered into a partnership to improve diesel particulate filter production & automotive catalyst support understanding.
• KEY MARKET SEGMENTS
• By Type
• Ceramic Fiber
• Metal Fiber
• Active Regeneration
• By End-Use Industry
• Industrial
• Automotive
• Construction
• Marine
• By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
• Key players
• FORVIA Faurecia
• BASF SE
• Tenneco Inc.
• Eberspacher
• Johnson Matthey
• DENSO CORPORATION
• Continental AG
• BOSAL
• Friedrich Boysen GmbH & Co. KG
• NGK INSULATORS, LTD.