Diesel Particulate Filter Market| COVID-19 Impact, Segmented by Application and Geography Trends, Growth and Forecast to 2023
Diesel Particulate Filter Market Analysis
Various factors are pushing the growth of the diesel particulate filter market. These factors, in accordance to the Market Research Future (MRFR) report, include an increase in purchase power parity, the rapid rate of urbanization, increase in population, increase in the use of diesel automobiles, stringent emission regulations laid down by the government and rising health and environmental concerns.
Key Players
Leading players profiled in the diesel particulate filter market report include Continental AG (Germany), BASF (Germany), Donaldson Company Inc. (US), Denso (Japan), NGK Insulators, LTD. (Japan), MANN+HUMMEL (Germany), Bosal International (Belgium), Johnson Matthey (UK), Faurecia (France), Tenneco Inc. (US), Delphi (US), and others.
Market Segmentation
The Market Research Future report offers a wide segmental analysis of the diesel particulate filter market based on vehicle type, material type, product type, and sales channel.
Based on product type, the diesel particulate filter market is segmented into disposable type filters, and regenerating type filters. Of these, disposable type filters will dominate the market over the forecast period.
Based on the sales channel, the diesel particulate filter market is segmented into the aftersales market, and original equipment manufacturer (OEM).
Regional Analysis
Based on the region, the diesel particulate filter market report covers growth opportunities and the latest trends across the Asia Pacific, Europe, North America, and the Rest of the World. Of these, Europe will dominate the market over the forecast period. This is owing to the growing awareness regarding the environment, coupled with the adverse effect of pollution on people.
The diesel particulate filter market in the APAC region will have a notable growth in the market over the forecast period. This is owing to the vital role of the diesel particulate filter to reduce car emissions. Moreover, the growing demand for diesel cars in the region is also likely to drive market growth.
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