The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Diesel Particulate Filter Market.
It was estimated prior to this unanticipated outbreak that the Diesel Particulate Filter Market will grow 8.3% CAGR. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
For a more detailed breakdown of the COVID-19 impact on the Diesel Particulate Filter Market, request a free sample of the report here: https://www.stratviewresearch.com/Request-Sample/724/diesel-particulate-filter-market.html
Diesel Particulate Filter Market Segment Analysis:
Based on the substrate type, the diesel particulate filter market is segmented as cordierite, silicon carbide, and other substrates. The silicon carbide segment dominated the market and is expected to remain the largest segment during the forecast period as well, owing to its wide-spread use in passenger cars.
Based on the regeneration catalyst type, the diesel particulate filter market has been segmented as Platinum-Rhodium, Palladium-Rhodium, and Platinum-Palladium-Rhodium. Palladium-Rhodium is the largest segment and is expected to remain dominant during the forecast period. However, the Platinum-Palladium-Rhodium segment is expected to witness the highest growth during 2019-2024, owing to their applicability in medium & heavy commercial vehicles. The penetration of DPF in medium & heavy commercial vehicle is expected to increase significantly owing to the implementation of stringent emission standards across the globe.
Europe is the largest market for diesel particulate filters owing to stringent emission standards from the EU commission and presence of major OEMs and DPF suppliers in the region. Asia-Pacific is likely to witness the highest growth in the global diesel particulate filter market owing to the growing presence of major automotive OEMs in the region along with the implementation of stringent fuel emission standards in countries, such as China, India, and ASEAN.
Some of the major players in the diesel particulate filter market are Faurecia, Tenneco Inc., Eberspächer, Johnson Matthey, Continental AG, Denso Corporation, Friedrich Boysen GmbH & Co. KG, BOSAL, Corning Incorporated, and CDTi Advanced Materials, Inc.
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Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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