Title: Automotive Connectors Market
1Analysis of catalytic converter market in global
industry, technology, applications, growth and
status 2021
- Catalytic Converter Market is reach USD 55.16
Billion by 2021
2The catalytic converter market is driven by
factors such as stringent emission and fuel
efficiency regulations around the globe as well
as rising vehicle production, sales, and parc.
The catalytic converter market was estimated to
be USD 37.45 billion in 2016, and is projected to
grow at a CAGR of 8.05 during the forecast
period. The base year considered for the study is
2015, and the forecast period is 2016 to 2021.
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3Target audiencemanufacturers of the automotive
catalytic converterraw material manufacturers of
automotive catalytic converter componentstraders,
distributors, and suppliers of automotive
catalytic converter components or raw
materialsregional manufacturer
associationsautomotive oemsorganized and
unorganized aftermarket suppliersautomotive
catalytic converter recyclersgovernments
national and regional environmental regulatory
agencies or organizations
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4Selective catalytic reduction (SCR) is projected
to be the largest catalytic converter typeSCR
is projected to dominate the catalytic converter
market, in terms of value, by 2021. SCR is
commonly used in diesel fueled vehicles.
Asia-oceania and europe are the leading regions
with the highest number of diesel powered
vehicles, and hence, these regions are leading
the global SCR market. Additionally, europe has
implemented the euro 6 regulations, in which nox
emission limits have been reduced to 0.08 g/kwh
(light-duty diesel vehicles) from 0.18 g/kwh in
euro 5.
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5Global playersThe catalytic converter market
is dominated by a few global players and
comprises several regional players. Some of the
key manufacturers operating in the market are
Faurecia SA (France), tenneco, inc. (U.S.),
Eberspacher group (Germany), benteler
international AG (Germany), and magneti marelli
S.P.A. (Italy). There are certain key innovators
gaining attention in the catalytic converter
market including amminex emissions technology
(Denmark), toyota motor corporation (japan), and
SDC materials (U.S.).
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6Browse 90 market data tables and 61 figures
spread through 164 pages and in-depth TOC
on "catalytic converter market by type (three-way
catalytic converter, selective catalytic
reduction, diesel oxidation catalyst, and lean
nox trap), material (platinum, palladium,
rhodium), region, and aftermarket by region -
global forecast to 2021this study answers
several questions for the stakeholders, primarily
which market segments to focus on in the next two
to five years to prioritize efforts and
investments.
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