A diesel oxidation catalyst is a device that uses a chemical process to break down impurities from diesel engine in the drain stream and converts them into less dangerous components. The procedure is similar to automobile's catalytic alteration. Diesel oxidation catalysts tarnish aldehydes, carbon monoxide, and hydrocarbons constituents in diesel deplete to non-toxic compounds such as water vapor and carbon dioxide. This catalyst reduces hydrocarbon and carbon monoxide emission by 90% in all operations with high to medium exhaust temperatures. Diesel oxidation catalysts promote chemical oxidation of soluble organic fraction (SOF) share of diesel particulars.

Market Dynamics

The implementation of tough and strict release standards across the globe is majorly driving the growth of this market. In addition, upsurge in usage of automobiles worldwide is also driving the diesel oxidation catalyst market. However, growing trend for battery electric vehicles (BEV) can sluggish adoption of diesel based automobiles, thus it is expected to limit growth of this market in coming future. Nevertheless, rising population and the demand for transportation is likely to propel growth of this market in near future.

Market Classification

The market can be bifurcated on the basis of product, end user and geography. By product, diesel oxidation catalyst (DOC) converter market can be segmented into platinum, palladium, rhodium and others. By end user, diesel oxidation catalyst (DOC) converter market can be segmented into passenger cars, light commercial vehicles LCV and heavy commercial vehicles HCV. On the basis of geography, the diesel oxidation catalyst (DOC) converter market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in diesel oxidation catalyst (DOC) converter market  include Faurecia SA, Tenneco, Inc., Benteler International AG, Eberspacher Group, Magneti Marelli S.p.A., Honda, Volkswagen and Nissan among others.

Market Segmentation

Market By Product

• Platinum
• Palladium
• Rhodium
• Others

Market By End User

• Passenger Cars
• Light Commercial Vehicles LCV
• Heavy Commercial Vehicles HCV

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA