Gasoline Particulate Filter for Commercial Vehicle Market
Gasoline Particulate Filter for Commercial Vehicle
Market Scope: Industry Analysis, Market Size,
Growth, Trends Till 2031
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Gasoline Particulate Filter for Commercial Vehicle
Market Size and Growth
The Gasoline Particulate Filter (GPF) market for commercial vehicles is experiencing significant growth due to stringent emission regulations and increasing environmental concerns. As of 2023, the market size is estimated at approximately $1.2 billion, with a projected CAGR of 7% over the next five years, reflecting rising adoption across the industry.
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Companies Covered
(Covid 19 Impact Covered)
◍ Corning
◍ Bekaert
◍ Tenneco
◍ NGK Insulators
◍ Umicore
◍ Faurecia
◍ Katcon
◍ Johnson Matthey
The Gasoline Particulate Filter (GPF) market for commercial vehicles features key players like Corning, Bekaert, Tenneco, and Umicore. These companies develop advanced filtration technologies, enhance compliance with emission regulations, and innovate product designs, driving market growth.
Sales revenue (selected companies):
- Corning: $14.8 billion
- Tenneco: $17.1 billion
- Umicore: $5.4 billion
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Market Segmentation
By Application
Light Commercial Vehicle
Heavy Commercial Vehicle
By Product
Cordierite Type
Other
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Market Growth
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$ X Billion USD
