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Global DOC and DPF Market to Grow at a CAGR of 7.61% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global DOC and DPF Market 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 01/23/2017 -- Report forecast the global DOC and DPF market to grow at a CAGR of 7.61% during the period 2016-2020.

A DOC functions by oxidizing carbon monoxide (CO) and any unburnt hydrocarbon (HC) over a platinum group metal. DOC promotes chemical oxidation of CO and HC as well as the soluble organic fraction portion of diesel particulates. Additional benefits of DOC include oxidation of several non-regulated, HC-derived emissions, such as aldehydes or polycyclic aromatic hydrocarbon (PAHs), as well as reduction or elimination of the odor of diesel exhaust.

The report covers the present scenario and the growth prospects of the global DOC and DPF market for 2016-2020. To calculate the market size, the report considers the the global sales volume of commercial vehicles and passenger cars equipped with DOC and DPF at present and future.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the major drivers for this market is government regulations on vehicular emissions. Emission standards and testing are being implemented and followed throughout the world. Emerging nations like India and China follow Euro emission standards to maintain uniformity. Government bodies across the globe have formulated various vehicular emission norms to check particulate vehicle emissions such as Euro emission standards formulated by the European government, Corporate Average Fuel Economy (CAFE) standards formulated by the US, and the Japanese New Long-Term Emission Standards (2005).

Further, the report states that one of the major factors hindering the growth of this market is promotion of alternative fuels and rise in sales of electric cars. With the growing environmental concerns to reduce vehicular emissions, there has been an increasing tendency among governments and vehicle manufacturers all over the world to promote alternative fuels and advanced power systems for vehicles. China, where 5 out of the 30 most polluted cities in the world are located, has improved its air quality by adopting various measures like the promotion of R&D in electric vehicles, investments for electric vehicle development, and increase in the setting of charging stations for electric vehicles.

Global DOC and DPF Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global DOC and DPF market: Tenneco, Faurecia, Bekaert, Corning, and Katcon.

Other Prominent Vendors in the market are: Benteler International, Friedrich Boysen, Futaba Industrial, and Eberspächer.

Market driver
- Government regulations on vehicular emissions
- For a full, detailed list, view our report

Market challenge
- Promotion of alternative fuels and rise in sales of electric cars
- For a full, detailed list, view our report

Market trend
- Proliferation of advanced Euro emission standards (Euro 5 and Euro 6)
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 52 pages and 27 Exhibits "Global DOC and DPF Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-doc-and-dpf-market-2016-2020

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