Title: Automotive Catalyst Market : Competitive Analysis 2018 to 2025
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2Automotive Catalyst Market
Automotive Catalyst Market by Metal Type
(Platinum, Palladium, Rhodium, and Others),
Engine Type (Gasoline and Diesel), and Vehicle
Type (Passenger Car, Light Commercial Vehicle,
Heavy Commercial Vehicle, and Motorcycle) Global
Opportunity Analysis and Industry Forecast, 2018
- 2025
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3Automotive Catalyst Market
The global automotive catalyst market size was
valued at 22,601.5 million in 2017 and is
projected to reach 31,815.7 million by 2025,
registering a CAGR of 4.2 from 2018 to 2025. In
2017, the Asia-Pacific region constituted the
highest share in the global automotive catalyst
market. The automotive catalyst is used in the
exhaust system of vehicles to control the
emission of harmful gases, such as hydrocarbons,
carbon oxides, nitrogen oxides, and other
particulate matter, into the atmosphere. It helps
convert harmful gases into less toxic gases such
as nitrogen and carbon dioxide. Platinum,
palladium, rhodium, and other rare and expensive
metals are used as catalysts in automobiles,
which increases the cost of the automotive
catalyst. However, manufacturers are inclined
towards adopting nanotechnology to enable them
use expensive metals efficiently.
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4Automotive Catalyst Market
- Key Benefits For Stakeholders
- This study comprises the analytical depiction of
the global automotive catalyst market analysis
along with the current trends and future
estimations to depict the imminent investment
pockets. - The overall market potential is determined to
understand the profitable trends to gain a
stronger foothold. - The report presents information related to the
key drivers, restraints, and opportunities of the
global automotive catalyst market with a detailed
impact analyses. - The current market is quantitatively analyzed
from 2018 to 2025 to benchmark the financial
competency. - Porters Five Forces analysis illustrates the
potency of the buyers and suppliers in the
industry.
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5Automotive Catalyst Market
- Major Companies
- BASF SE
- Johnson Matthey
- Umicore
- Tenneco Inc.
- Clean Diesel Technologies, Inc.
- Cummins Inc.
- Eberspcher
- Ecocat India Pvt. Ltd.
- Klarius Products Ltd.
- Clariant
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6Automotive Catalyst Market
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