Acumen Research and Consulting estimates that global automotive catalytic converter market is expected to reach the market value of around US$ 190 Bn by 2027 and is anticipated to grow at a CAGR of around 7% in terms of revenue during the forecast period 2020 – 2027.
Auto catalytic converter reduces automobile emissions by eliminating harmful contaminants from vehicle exhaust systems, including nitrogen oxides, carbon monoxides, and hydrocarbons.
The report provides analysis of global Automotive Catalytic Converter market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Insights
The global demand for auto catalytic converters has steadily expanded over the last few years, owing to technical advances. Market growth depends on the global automotive industry’s production. The demand for auto catalytic converters is therefore on the verge of rising with global automotive sales growth. Furthermore, the rise of strict emission standards throughout the world is key to the growth of the automotive catalytic converter market. Catalytic converters themselves may release harmful, environmentally damaging particles. The government has drawn up strict rules such as euro VI and euro V on vehicle emissions in different countries due to the impact of global warming and increased pollution. Due to these stringent directives, auto component manufacturers are now starting to produce environmentally friendly catalytic converters for domestic and international markets.
Regional Stance
The Asia Pacific region emerged as largest catalytic converter region. 60% of the world's population lives in Asia Pacific and the largest sales of passenger cars are seen in countries such as China, Japan and India. Moreover, in countries such as India, China, and Indonesia, sales of motorcycles are the highest. In these two-wheelers and 4-wheelers, these catalytic converter systems are used to make Asia Pacific the leading area in the market for the automotive catalytic converter. In addition, there are a high number of local producers making car catalytic converters in the Asia Pacific. The Asia Pacific region remains dominant throughout its forecast period, with a growing economy and highly available income countries and increasing awareness about noise pollution and fuel consumption. Besides, the predominance of North American and European economies is expected to continue in the coming years to develop environmental issues and strict exhaust noise rules. In addition, car sales are expected to grow modestly in this region in the next few years.
Automotive catalytic converter market development Regulatory bodies play a key role
In the auto catalytic converter market, selective catalytic converters will gain a strong momentum with increasing strict rules and regulations implemented to minimize hazardous car emissions. Influenced by manufacturers in the car- catalytic converters industry to increase the production of fuel intensive and environmentally sustainable cars, new legislative bodies and government legislation on environmental protection have been introduced. Rapidly increasing environmental and public health concerns have driven governments around the world to implement strict carbon emission standards, thereby driving the car converter market.
Volatile prices and high technology costs are expected to limit the catalytic converter market in automobiles. Furthermore, the growth of the car catalytic converters industry will possibly be slowed by an growing number of electric vehicles as pure electric vehicles reduce the use of catalytic converters. Further impede the development of the automotive catalytic converters industry with advances in biofuels that reduce issues related to emissions.
Report coverage
The market research study on “Automotive Catalytic Converter Market (Automotive Catalytic Converter Market By Type: Diesel Oxidation Catalyst, Three-Way Oxidation-Reduction Catalytic Converter, Two-Way Oxidation Catalytic Converter; Automotive Catalytic Converter Market By Catalytic: Palladium, Platinum, Rhodium) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Automotive Catalytic Converter market entailing insights on its different market segments.
The global Automotive Catalytic Converter market is segmented as below:
Market Segmentation
Automotive Catalytic Converter Market By Type
Diesel Oxidation Catalyst
Three-Way Oxidation-Reduction Catalytic Converter
Two-Way Oxidation Catalytic Converter
Automotive Catalytic Converter Market By Catalytic
Palladium
Platinum
Rhodium
Automotive Catalytic Converter Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Benteler International AG, Faurecia SA, Tenneco Inc, Marelli S.P.A, Eberspaecher GmbH Holding & Co. KG, Clean Diesel Technologies, Inc., BASF Catalysts LLC, Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Automotive Catalytic Converter
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automotive Catalytic Converter Market By Type
1.2.2.1. Global Automotive Catalytic Converter Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.2.2. Global Automotive Catalytic Converter Market Revenue Share By Type in 2019
1.2.2.2.1. Diesel Oxidation Catalyst
1.2.2.2.2. Three-Way Oxidation-Reduction Catalytic Converter
1.2.2.2.3. Two-Way Oxidation Catalytic Converter
1.2.3. Automotive Catalytic Converter Market By Catalytic
1.2.3.1. Palladium
1.2.3.2. Platinum
1.2.3.3. Rhodium
1.2.4. Automotive Catalytic Converter Market By Geography
1.2.4.1. Global Automotive Catalytic Converter Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Automotive Catalytic Converter Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Automotive Catalytic Converter Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Automotive Catalytic Converter Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Automotive Catalytic Converter Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Automotive Catalytic Converter Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2019
CHAPTER 4. Automotive Catalytic Converter MARKET By Type
4.1. Global Pure Cashmere Revenue By Type
4.2. Diesel Oxidation Catalyst
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Three-Way Oxidation-Reduction Catalytic Converter
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Two-Way Oxidation Catalytic Converter
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Automotive Catalytic Converter MARKET By Catalytic
5.1. Global Pure Cashmere Revenue By Catalytic
5.2. Palladium
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Platinum
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Rhodium
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA Automotive Catalytic Converter MARKET BY COUNTRY
6.1. North America Automotive Catalytic Converter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Automotive Catalytic Converter Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Automotive Catalytic Converter Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE Automotive Catalytic Converter MARKET BY COUNTRY
7.1. Europe Automotive Catalytic Converter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Automotive Catalytic Converter Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC Automotive Catalytic Converter MARKET BY COUNTRY
8.1. Asia-Pacific Automotive Catalytic Converter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Automotive Catalytic Converter Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA Automotive Catalytic Converter MARKET BY COUNTRY
9.1. Latin America Automotive Catalytic Converter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Automotive Catalytic Converter Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA Automotive Catalytic Converter MARKET BY COUNTRY
10.1. Middle East & Africa Automotive Catalytic Converter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Automotive Catalytic Converter Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Catalytic, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Benteler International AG
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Faurecia SA
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Tenneco Inc
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Marelli S.P.A
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Eberspaecher GmbH Holding & Co. KG
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Clean Diesel Technologies, Inc.
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. BASF Catalysts LLC
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Others
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope
