The OE Diesel Particulate Filter Market (DPF) market is projected to grow to a CAGR of 11.29% during the forecast period and is projected to reach a market size of $ 24.81 billion by 2025, from an estimated market size of $ 10.55 billion in 2018 The DPF aftermarket is projected to grow to a CAGR of 3.89% during the forecast period from an estimated market size of $ 15.18 billion in 2018 to $ 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. A major restraint for the DPF market is the growing preference for gasoline and hybrid propulsion light-duty vehicles in developed countries.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=162667875
Opportunities-
Increase in demand for other particulate filters
As per ICCT, more than 90% of the EU population is estimated to be exposed to particulate pollution caused by diesel engines. To reduce the impact of the emission from diesel engines, the regulatory body has suggested that the gasoline variant. Gasoline direct injection engines (GDI). As per the EU Transport and Environment Agency, GDI engines are expected to replace the existing Port Fuel Injection (PFI) gasoline engines to a large extent by 2020. These GDI engines offer higher fuel efficiency, and the performance gets even better when the engines are coupled with a turbocharger. Thus, with the substantial increase in gasoline engines, the demand for diesel engines is decreasing,
Introduction of Active Regenerative Electronically Controlled DPF
The DPF regeneration requires an optimum temperature to burn off the shoot. These processes are technically driven by two methods – passive and active regeneration. In passive regeneration, carbon moves through the exhaust, and is trapped by the particulate filter. The filter begins to build up. Internally combust off the filter surface. The heat for this regeneration comes from the thermal energy that naturally occurs with the exhaust temperatures of typical diesel engines. , Active regeneration filters rely on outside energy sources. Particulate matter is trapped as it works its way through the exhaust. The control system then activates the regeneration process by auxiliary means,
The major players in the diesel particulate filter market are Faurecia (France), BASF (Germany), Tenneco (US), Eberspaecher (Germany), Johnson Matthey (UK), Denso (Japan), Continental (Germany), Bosal (Belgium) , Friedrich Boysen (Germany), and NGK Insulators (Japan), among others.
Request for Sample Pages @ https://www.marketsandmarkets.com/requestsample.asp?id=162667875
Drivers-
Introduction of stringent emission regulations
Emission regulation for on-road vehicles
The rising level of greenhouse gases and depleting resources of conventional fuel worldwide have compelled legislative bodies of different countries to constantly revise the emission standards and fuel-economy norms. The passenger and commercial vehicle emissions are the major contributors to air pollution. According to a study on emission levels conducted by the Massachusetts Institute of Technology in 2013, approximately 53,000 early deaths occur due to harmful vehicular emissions every year in the US. According to the US Environmental Protection Agency (US EPA), vehicles accounted for 75% of carbon monoxide emissions in the country in 2014. Apart from low emission technologies, other technologies such as aftertreatment devices, turbochargers, and exhaust gas recirculation (EGR) are generally implemented to meet these norms. Rising stringency in regulations for vehicular emissions, especially in North America, Western Europe, and Japan, is currently driving the DPF market.
Emission Regulation for Off-Road Vehicles-
Construction and mining equipment, agricultural tractors, and industrial equipment are classified as off-road vehicles. Most of the countries are following the Euro standards such as Stage V and Stage VI. There has been a significant reduction in the PM limits from Stage II to stage III, where, the PM limits were reduced to 0.025 g/km. With the introduction of stage V, the PN limits were introduced with 1×1012. The countries following the Euro standards include Brazil, Russia, and South Africa. DPF plays a significant role in meeting these standards as it reduces the PM.
About MarketsandMarkets™
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 5000 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.
MarketsandMarkets flagship competitive intelligence and market research platform, „RT“, joins over 200,000 markets and entire value chains for the deeper understanding of the marketplace.
Contact:
Mr. Shelly Singh
MarketsandMarkets ™ Inc.
630 Dundee Road
Suite 430
Northbrook, IL 60062
United States: 1-888-600-6441
sales@marketsandmarkets.com