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Automotive Catalyst Market

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Automotive 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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Automotive 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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Automotive 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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Automotive Catalyst Market
Major Companies:
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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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Automotive Catalyst Market
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