Market Overview

The Global Diesel Particulate Filter Market is expected to attain a value of USD 15 billion in 2023, and it is projected to witness significant growth, reaching USD 31.9 billion by 2032, with a CAGR (compound annual growth rate) of 8.7% during the forecast period (2023-2032).

Diesel particulate filters are emission control devices that physically capture diesel particulate matter from exhaust gases of diesel engines through filtration. DPFs reduce emission of particulate matter and black carbon, a climate change contributor.

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Market Leading Segments

By Vehicle Type

• Passenger Vehicles
• Light Commercial Vehicles (LCV)
• Heavy Commercial Vehicles (HCV)
• Off-Highway Vehicles

By Material

• Cordierite Wall Flow Filter
• Silicon Carbide Wall Flow Filter
• Ceramic Fiber Filters
• Others

By Regeneration Catalyst

• Platinum-Rhodium (Pt-Rh)
• Palladium-Rhodium (Pd- Rh)
• Platinum-Palladium-Rhodium (Pt-Pd-Rh)

By Distribution Channel

• OEM (Original Equipment Manufacturer)
• Aftersales

Market Key Players

• FORVIA Faurecia
• Tenneco Inc.
• Eberspaecher
• Johnson Matthey
• Continental AG
• Denso Corporation
• BOSAL
• Umicore
• BASF SE
• CDTi Advanced Materials, Inc.
• NGK INSULATORS, LTD
• Other Key Players

Market Trends

• Development of more advanced materials like cordierite enabling reliable regeneration and extended filter lifetimes
• Adoption of catalyzed diesel particulate filters with lower ash accumulation rates
• Industry shift towards SiC-DPFs to handle faster regeneration cycles in gasoline direct injection engines

Factors Driving Demand

• Stringent regulations regarding diesel engine emission norms driving OEM adoption of DPFs
• Proposed implementation of real driving emissions and Worldwide harmonized Light vehicle Test Procedures accelerating install rates
• Growing vehicle parc and rising disposable incomes in emerging economies fueling aftermarket segment

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Challenges

• Cost sensitivity hampering uptake across entry and mid-range vehicle segments, especially in price conscious markets
• Reliability concerns, need for maintenance of filter systems adding wariness among some end-users

Opportunities

• Retrofitting older vehicles lacking appropriate after-treatment technologies
• Development of new compliance testing methods and reporting procedures to curb emissions fraud

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