Leading market players are investing heavily in research and development to expand their product lines, which will help the diesel particulate filter market grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the diesel particulate filter industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Diesel Particulate Filter industry to benefit clients and increase the market sector. Major players in the Diesel Particulate Filter market, including Johnson Matthey (UK), Marelli Holdings Co., Ltd. (Italy), BASF SE (Germany), SANGO Co., Ltd (Japan), and others, are trying to expand market demand by investing in research and development operations.
Automotive industry parts and components are offered by BorgWarner Inc. For internal combustion, hybrid, and electric vehicle products for light, medium, and heavy-duty vehicles as well as off-highway applications, it produces and distributes such technologies and solutions. Turbochargers, emission and thermal systems, gearbox parts and systems, timing devices and chains, torque transfer systems for all-wheel drive, rotating electrical devices and gearbox components and systems are all part of the company's product line.
It sells goods to original equipment producers of light vehicles, such as passenger cars, sport utility vehicles, vans, light trucks, as well as other OEMs of commercial and off-highway vehicles. In October 2020, BorgWarner announced the completion of its acquisition of Delphi Technologies. The merger expanded BorgWarner's capabilities in propulsion systems, including exhaust after-treatment technologies such as diesel particulate filters.
Johnson Matthey Plc is a specialty chemical and sustainable technologies provider. It offers catalysts and related technologies for pharmaceuticals, automotive, and chemical processing. It also launches the distribution, fabrication, marketing, refining and recycling of special metals and their products. It also designs and manufactures active pharmaceutical ingredients. The firm provides battery materials for automotive applications, battery systems for various applications, and fuel cell technologies. It serves environmental, automotive, chemical, medical, recycling, oil and gas and other industries. In March 2019, Johnson Matthey launched the ActivDPFTM diesel particulate filter (DPF) system, an innovative system for stationary diesel engines.
The technology offers engineers and facility operators clean energy whenever needed with no requirement for the filter monitoring system.