Global DOC and DPF Market 2016-2020

Overview of the global DOC and DPF market

Technavio’s market research analyst predicts the global DOC and DPF market to grow at a CAGR of more than 7% between 2016 and 2020. Factors like the implementation of vehicular emission norms such as Euro 6 emission standards for commercial diesel vehicles and passenger cars and real-world emission testing procedures for diesel vehicles are primarily driving the DOC and DPF market. With the rise in global pollution levels prompting the governments to implement more stringent regulations on vehicular emissions, the DOC and DPF sales will increase exponentially. Moreover, with the growing demand for fuel efficiency in vehicles due to the volatility of fuel prices, OEMs are strategizing to improve fuel economy and power output of their vehicles, leading to the greater installation of the DOC and DPF.

One of the latest trends gaining traction in the market is the proliferation of advanced Euro emission standards including Euro 5 and Euro 6 across the globe. Several emerging economies, such as Brazil, China, India, and Russia (BRIC countries), are following and adopting emissions norms similar to Euro emission standards. Technavio expects that the emission standards would be further regulated with stricter norms by 2020. The Indian government is currently planning to implement Bharat 5 by 2020 and Bharat 6 by 2025, which are equivalent to Euro 5 and Euro 6 emission standards.

Competitive landscape and key vendors

The global DOC and DPF market are extremely competitive with the presence of a limited number of well-established vendors. These players are focusing on increasing their customer base and increasing their investments in R&D. The competitive environment in the market is likely to intensify in the coming years with advances in technology and government regulations. Also, OEMs are expected to get into long-term collaborations with DOC and DPF vendors as the quality of materials used, and the design is specific for each vendor.

Leading vendors in the market are -

• Tenneco
• Faurecia
• Bekaert
• Corning
• Katcon

Other prominent vendors in the market include Benteler International, Friedrich Boysen, Futaba Industrial, and Eberspächer.

Segmentation by application and analysis of the DOC and DPF market

• HCVs
• MCVs
• LCVs
• Passenger cars

The LCV segment has the highest number of DOC and DPF installed, and the number is likely to grow during the forecast period. Owing to the stringent Euro emission standards, the EMEA region accounted for the highest penetration of DOC and DPF units in 2015 in the LCV segment. With the adoption of Euro 5 and Euro 6 emissions standards by 2020, most of the countries across the globe will mandatorily implement DOC and DPF in vehicles.

Geographical segmentation and analysis of the DOC and DPF market

• Americas
• APAC
• EMEA

APAC is expected to witness steady growth in the global market by 2020 due to the upgrading of emission norms in countries like China and India. The rise in pollution levels has caused the governments of these countries to take regulations to reduce pollutions contributed by vehicles. With the strict implementation of Bharat Stage 4 emission norms across India post-2017, the market in the region is likely to observe massive growth.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global DOC and DPF market?
• What are the key market trends impacting the growth of the global DOC and DPF market?
• What are the challenges to market growth?
• Who are the key vendors in the global DOC and DPF market?
• What are the market opportunities and threats faced by the vendors in the global DOC and DPF market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global DOC and DPF market?

Technavio also offers customization on reports based on specific client requirement.

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