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PD-Rh regeneration catalyst combination is used in most of the light-duty vehicles (LDVs). It is estimated that more than 70% of the LDVs use this combination. With increasing demand for light-duty vehicles, the usage of this combination is expected to increase further. Pd-Rh regeneration catalyst combination accounts for the largest market share in 2018, which is projected to increase further by 2025. This combination also withstands high temperature, which is a prime requirement for the regeneration process. Hence, the Pd-Rh regeneration catalyst accounts for the largest share of the diesel particulate filter market.
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Diesel Particulate Filter Market for On-Highway Vehicle by Substrate (Cordierite, Silicon Carbide), Regeneration Catalyst, Vehicle Type, Aftermarket, Off-highway Equipment Regeneration Process, Equipment Type, and Region - Global Forecast to 2025 www.MarketsandMarkets.com
Pd-Rh regeneration catalyst is projected to have the largest demand in the diesel particulate filter market PD-Rh regeneration catalyst combination is used in most of the light-duty vehicles (LDVs). It is estimated that more than 70% of the LDVs use this combination. With increasing demand for light-duty vehicles, the usage of this combination is expected to increase further. Pd-Rh regeneration catalyst combination accounts for the largest market share in 2018, which is projected to increase further by 2025. This combination also withstands high temperature, which is a prime requirement for the regeneration process. Hence, the Pd-Rh regeneration catalyst accounts for the largest share of the diesel particulate filter market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=162667875
Silicon Carbide is estimated to have the fastest growth in the diesel particulate filter market Silicon carbide is a major substrate used for DPF other than Cordierite. The Silicon Carbide DPF substrate has uniform pore structure due to better control over the raw materials and its manufacturing process compared to cordierite. This enables it to trap particulate matter consistently that leads to safer regeneration. Silicon carbide has a higher filtration efficiency than cordierite substrate. This substrate can withstand temperatures as high as 2200 degree Celsius. This makes it less prone to melting at high temperatures. It has a higher mechanical strength, chemical stability, thermal shock resistance, and thermal conductivity as compared to cordierite. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=162667875
With the implementation of Euro V in 2009, the emission regulations in Europe have necessitated the use of DPF. Europe is thus estimated to be the largest on-highway aftermarket during the forecast period. The huge vehicle parc and high diesel vehicle penetration make Europe the largest aftermarket for DPF during the forecast period. In case of Off-Highway aftermarket, the agriculture equipment segment is projected to have the largest market share by 2025. The OE DPF market is projected to grow at a CAGR of 11.29% during the forecast period. From an estimated market size of USD 10.55 billion in 2018, it is projected to reach a market size of USD 24.81 billion by 2025. 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. This growth can be attributed to the increasing stringency of emission regulations. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=162667875
Asia-Pacific: Largest market for Diesel Particulate Filter Market Currently, the Asia Pacific DPF aftermarket is relatively smaller than Europe and North America. The emission regulations in the Asia Pacific countries are not stringent. Hence, the demand for DPF is minimal at present. India, South Korea, and China have seen increased production of diesel vehicles over the last two decades. Also, China and India have the largest vehicle production in the region. However, they have limited penetration of DPF due to lax emission regulations at present. Both these countries have decided to implement stringent emission regulations by 2020. Hence, the demand for DPF is estimated to increase in the Asia Pacific region during the forecast period. However, the aftermarket is projected to remain small as the replacement miles for DPF are significantly more than other components. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=162667875
Market Ecosystem: • 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). • Target Audience • Diesel particulate filter manufacturers • Investment and equity research firms • Private equity firms • DPF substrate manufacturers • Aftermarket DPF providers • DPF regeneration catalyst providers • Buy Now: • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=162667875
Browse >> 102market data tables 45figures 145 pagesand in-depth TOC "Diesel Particulate Filter Market for On-Highway Vehicle by Substrate (Cordierite, Silicon Carbide), Regeneration Catalyst, Vehicle Type, Aftermarket, Off-highway Equipment Regeneration Process, Equipment Type, and Region - Global Forecast to 2025“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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