Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor PR_Diesel Particulate Filter Market

Rising Support for Environmental Initiatives to Drive Demand for Diesel Particulate Filters
Diesel Particulate Filter Market Share, Size, Trends, And Business Opportunity Analysis Report 2018
include historic data, with forecast data to 2023. Diesel Particulate Filter Market report is helpful for
future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global
market key players forecast to 2023
Market Research Future has announced a new report on the global diesel particulate filter market. The
report examines all aspects of the market, including its type and regional segmentation and competitive
dynamics, and produces forecasts from 2017 to 2023. According to the report, the global diesel
particulate filter market is expected to exhibit a strong 8% CAGR from 2017 to 2023.
Diesel particulate filters are used in diesel engine exhausts to remove the particulates in the exhaust
fumes and make the exhaust emissions clean and environmentally friendly. The diesel particulate filter
market has made strong gains in the last few years as a result of the supportive environment for
environment-friendly measures and the rising demand for diesel engines in passenger and commercial
vehicles. The rising demand for vehicles in emerging regions across the world, such as Asia Pacific
(APAC), the Middle East, and Latin America, is likely to drive the demand for diesel particulate filters in
the forecast period.
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Competitive Analysis:
Major players in the global diesel particulate filter market include MANN+HUMMEL, Tenneco Inc., NGK
Insulators Ltd., Delphi, Continental AG, Faurecia, BASF, Denso Corporation, Bosal International,
Donaldson Company Inc., and Johnson Matthey.
Rising urbanization and infrastructure construction in emerging countries such as India, China, and Japan
has led to a rising demand for commercial vehicles, which usually use diesel engines. This is likely to
remain a major driver for the global diesel particulate filter market over the forecast period, as modern
commercial vehicles are mostly fitted with particulate filters straight off the production line and their
incorporation is also supported by governmental measures and regulations. The rapid economic rise of
countries such as India, China, Kuwait, Qatar, and Saudi Arabia is thus likely to drive the demand from
the diesel particulate filter market over the 2017-2023 forecast period.
On the other hand, the rising government support to electric vehicles is likely to hinder the demand for
diesel particulate filters. Diesel and petrol are both petroleum fuels and emit significant amounts of
carbon and nitrous substances into the air upon combustion, which makes them environmentally
unviable. As a result, governments across the world are looking to promote the sales of electric vehicles
and reduce the use of fossil fuels. This is likely to be a major restraint for the global diesel particulate
filter market over the forecast period.
Segmental Analysis:
On the basis of vehicle type, the report segments the global diesel particulate filter market into
passenger vehicles, heavy commercial vehicles, light commercial vehicles, and off-highway vehicles.