Diesel Particulate Filter Market

Global Diesel Particulate Filter Market Size (2024 to 2032)

The global diesel particulate filter market was valued at USD 14.36 billion in 2023 and is anticipated to reach a valuation of USD 16.02 billion in 2024 from USD 38.53 billion by 2032, growing a CAGR of 11.59% from 2024 to 2032.

A diesel particulate filter is a device used to absorb the diesel that the vehicle releases into the atmosphere. Diesel engines emit less amount of CO2 as compared to gasoline. The diesel particulate filter market is classified into different segments. The growth can be attributed to the increasing demand for emission regulation. Diesel particulate filter is most widely used in the automobile industry such as on-road diesel engines & diesel engines. In 2018, a policy was adopted to reduce the global BC emission from diesel road transport by 37 % by 2040, and the implementation of the global sulfur strategy could reduce the BC emission.

Rise in pollution in the environment only because of the emission of a volatile organic compound. As per some reports, 72 % of the total CO2 emissions of the European Union come from vehicles.         

Market Drivers

The demanding regulatory bodies are given the disruption in the automotive industry with new developments & innovations in technology. The automotive industry is focused on how to reduce emissions. Diesel particulate filters store the exhaust & reduce the emission from diesel cars with additional fuel. Most manufacturers are trying to deploy technology like diesel particulate filters in the automobile industry.

The increasing demand for diesel engines in developed countries is the primary factor supporting the global diesel particulate filter market. The rise in demand for diesel engines in transportation can raise the worldwide market size. Durability is the most crucial aspect of an automobile. Flexibility is more important to purify the gases released from the vehicle as it contain hazardous compounds.

Market Restraint

New trends & developments in engines hamper the growth of the global diesel particulate filter market. Also, increasing demand for electric vehicles in the market slows growth. Light-duty vehicles consist of gasoline, and even hybrid propulsion is the most restrained factor for the reduction of diesel particulate filters. Diesel particulate filters require maintenance and servicing. The maintenance cost is also very high for these filters.       

REPORT COVERAGE

SEGMENT ANALYSIS

Global Diesel Particulate Filter Market Analysis By Type

Silicon carbide is the most substantial segment of the worldwide market, as it is used at a large scale in passenger cars. Due to emission regulations in developed countries, there is an increase in the use of silicon carbide. There is more production of passenger cars than commercial vehicles. The silicon carbide market is expected to grow at a CAGR of 12.45% during the forecast period. Silicon carbide has a high filter capacity to reduce forced regeneration.

Global Diesel Particulate Filter Market Analysis By Sales Channel

The OEMs are implementing innovations in their vehicles to attract more consumers and increase their presence across the world.

REGIONAL ANALYSIS

Europe is the most dominating area in the global diesel particulate filter market. The market size & share is more than 32.5%. The European region is a hub of the world's leading automobile companies, and it increases the demand due to stringent emission norms by various environmental protection agencies.

Asia Pacific region is anticipated to be the fastest-growing market of diesel particulate market. The increasing demand for diesel engine-based vehicles is supporting business expansion. China & India are the top countries that are in the rapid growth of transformation in terms of infrastructure, industrialization, and manufacturing industry. The diesel penetration is up to 45% in light-duty vehicles & 95 % in heavy-duty vehicles.

KEY MARKET PLAYERS

Delphi Automotive LLP, Bosal Nederland BV, Fridrich Boysen GmbH & Co. KG., Johnson Mattey PLC, NGK Insulators Ltd., BASF SE, Faurecia SE, Denso Corporation, Sinocat Environmental technology, HJS Emission Technology. These are the market players that are dominating the global diesel particulate filter market.

RECENT HAPPENINGS IN THE GLOBAL DIESEL PARTICULATE FILTER MARKET 

The development of a new high-porosity diesel particulate filter, with an integrated SCR catalyst. This new technology gives a high result with integration & performance.

DETAILED SEGMENTATION OF THE GLOBAL DIESEL PARTICULATE FILTER MARKET INCLUDED IN THIS REPORT

This research report on the global diesel particulate filter market is segmented and sub-segmented into the following categories.

By Type

• Ceramics Fiber         
• Silicon Carbide         

By Product Type

• Disposal Type
• Regenerating Type   

By Sales Channel

• OEMs  
• Aftermarket   

By Vehicle Type

• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Passenger Car

By Region

• North America 
• Europe 
• Asia Pacific 
• Latin America 
• Middle East and Africa