Automotive Diesel Particulate Filter Market

The Global Automotive Diesel Particulate Filter Market is valued at USD 19.15 Billion in 2023 and is projected to reach a value of USD 50.02 Billion by 2032 at a CAGR (Compound Annual Growth Rate) of 11.5% between 2024 and 2032.

Global Automotive Diesel Particulate Filter Market: Key Highlights

• The global Automotive Diesel Particulate Filter market was valued at USD 19.15 Billion in 2023
• The global Automotive Diesel Particulate Filter Market is projected to reach USD 50.02 Billion by 2032
• Asia Pacific held the highest share of the Automotive Diesel Particulate Filter market in 2023
• Some of the major companies operating in the Automotive Diesel Particulate Filter market are BASF SE, Faurecia, Tenneco, Eberspaecher, Johnson Matthey, Denso, Continental, Bosal, Friedrich Boysen, NGK Insulators.

Market Overview

Automotive diesel refers to particulate Filter is a system which can be fitted in fuel-run vehicles to contain bigger and harmful particles which get discharged. The device assisted by using the filter and then gathering the granules to later discharge them in controlled environment using warm recovery.

This report provides an analysis of the Automotive Diesel Particulate Filter market for the historic period of 2020–2023 and forecasts for 2024–2032 while 2023 is considered as a base year for estimations. The report includes exhaustive analysis of segments, regions and countries comprising of market size and estimations in terms of revenue for the years 2020–2032. There regional section of the report is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Moreover, the report also covers exhaustive information on growth factors/drivers, restraints, opportunities, regulatory landscape and technology roadmap among others. Moreover, the report also includes exhaustive SWOT analysis, PEST analysis, value chain analysis, and Porter’s five forces analysis on Automotive Diesel Particulate Filter market. This data is likely to help the industry stakeholders and stimulate the decision-making process.

Regional Overview

Based on the geography, the global Automotive Diesel Particulate Filter market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. Moreover, the regional sections if further bifurcated into key country level markets for better understanding of the market.

The report covers detailed analysis on drivers, business opportunities, regulatory norms, supplier concertation and such other factors impacting regional growth. Moreover, it also covers market estimations and forecast for each segment for each region for the years 2020–2032.

Market Segmentation

The report delivers an acute breakdown of the market based on various segments such as Type, Application Type, and region. The report includes market size and forecast for each segment by region/country for the years 2020–2032. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.

On the basis of Type, the market is divided into Regenerating Type Filters, Disposable Type Filters. Regenerating Type Filters dominated the global Automotive Diesel Particulate Filter market in 2023 and is projected to witness the same trend during the forecast period.

Based on Application Type, the market is segmented into On-Road, Off-Road, Others. On-Road accounted for the highest market share and is expected to grow at a significant CAGR from 2024 to 2032.

COVID-19 Impact Analysis

The COVID-19 outbreak has affected various industries worldwide. The Automotive Diesel Particulate Filter market is no exception. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop swift spread of COVID-19. These actions led to severe impact on the global economy. Industrialist across the globe were forced to halt their production, leading to supply chain disruptions and impairing of various industries. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o Impact Assessment of COVID-19 Pandemic

o Pre & Post COVID-19 Market Size

o Qualitative analysis on the short term & long-term impact of COVID-19 on the market

o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

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Report Coverage & Deliverables

PDF report & online dashboard will help you understand:

• Real-Time Data Updates:
• Competitor Benchmarking
• Market Trends Heatmap
• Custom Research Queries
• Market Sentiment Analysis
• Demographic and Geographic Insights

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Industry Analysis

The commercial vehicles run on diesel and with the introduction of the stringent emission norms for heavy-duty engines and commercial requirement for meeting these mandates is increasing and these mandates are boosting the growth of the market over the forecast period.

The increased advanced technological developments is anticipated to augment the growth of the market in the years to come. The high initial costs of materials is expected to hamper the growth of the market in th near future.

Competitive Landscape

The global Automotive Diesel Particulate Filter market report provides an exhaustive competitive landscape to give a comprehensive synopsis of the global market. This section of the report provides in depth analysis on key market players based on various parameters such as business overview, portfolio analysis, business strategies, financial performance, geographical presence, and recent developments among others. It will also include information on key strategies adopted by major market players.

The key players in the global Automotive Diesel Particulate Filter market include - BASF SE, Faurecia, Tenneco, Eberspaecher, Johnson Matthey, Denso, Continental, Bosal, Friedrich Boysen, NGK Insulators and among others.