Auto Catalyst Market Size, Growth, Trends, Industry Forecast 2023

Synopsis of Auto catalyst Market:, Auto catalysts are devices that are extensively used to control emissions from the automobiles. These catalysts convert pollutants and toxic gases from an internal combustion engine to less toxic gases through a redox reaction. Auto catalysts are used in all types of diesel and petrol engines including lead burn engines and can also be used in kerosene heaters and stoves. Auto catalysts are mostly applied to the exhaust systems of automobiles but are also used on the electrical generators, mining equipment, forklifts, and wood stoves among others.  , The growing number of vehicles throughout the globe is the major factor driving the auto catalyst market. Moreover, the growing per capita disposable income in the developing regions are expected to substantially contribute to the growth of the auto catalyst market. In addition to this, stringent government regulations to check the emissions from vehicles throughout the globe is further augmenting the demand for auto catalysts. However, the growing demand for electric vehicles is a major down side to the growth of the market., Among the various application segments in auto catalyst market, the light-duty vehicles – diesel is the leading segment and is anticipated to continue its dominance over the forecast period. The advantages such as high fuel efficiency have augmented the use of diesel cars which in turn is expected to have a positive impact on the auto catalyst market. Moreover, the high price of diesel auto catalyst is expected to add to the revenue of auto catalyst market during the forecast years., The Global Auto catalyst Market Share, by Product Type,  , Source: MRFR analysis, Regional Analysis:  , The auto catalyst market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific region holds a major share of the market and is expected to be the fastest growing region with an encouraging CAGR. Growing population and the increasing per capita disposable income in the developing nations are primarily driving the growth of the auto catalyst market. Moreover, the developing automobile industry in the region mainly in China, India, and Japan

Global Auto Catalyst Market Research : Information by Application (Light-Duty Vehicle- Diesel, Light-Duty Vehicle- Gasoline, Heavy-Duty Vehicle) by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) – Forecast till 2023

Synopsis of Auto catalyst Market:

Auto catalysts are devices that are extensively used to control emissions from the automobiles. These catalysts convert pollutants and toxic gases from an internal combustion engine to less toxic gases through a redox reaction. Auto catalysts are used in all types of diesel and petrol engines including lead burn engines and can also be used in kerosene heaters and stoves. Auto catalysts are mostly applied to the exhaust systems of automobiles but are also used on the electrical generators, mining equipment, forklifts, and wood stoves among others.  

The growing number of vehicles throughout the globe is the major factor driving the auto catalyst market. Moreover, the growing per capita disposable income in the developing regions are expected to substantially contribute to the growth of the auto catalyst market. In addition to this, stringent government regulations to check the emissions from vehicles throughout the globe is further augmenting the demand for auto catalysts. However, the growing demand for electric vehicles is a major down side to the growth of the market.

Among the various application segments in auto catalyst market, the light-duty vehicles – diesel is the leading segment and is anticipated to continue its dominance over the forecast period. The advantages such as high fuel efficiency have augmented the use of diesel cars which in turn is expected to have a positive impact on the auto catalyst market. Moreover, the high price of diesel auto catalyst is expected to add to the revenue of auto catalyst market during the forecast years.

The Global Auto catalyst Market Share, by Product Type

 Auto catalyst Market

Source: MRFR analysis

Regional Analysis: 

The auto catalyst market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific region holds a major share of the market and is expected to be the fastest growing region with an encouraging CAGR. Growing population and the increasing per capita disposable income in the developing nations are primarily driving the growth of the auto catalyst market. Moreover, the developing automobile industry in the region mainly in China, India, and Japan is expected to have a positive impact on the growth of the auto catalyst market. Furthermore, the growing number of vehicles coupled with the adoption of stringent vehicle emission standards is also expected to add to the market growth.

North America is a dominant region in the global market, exhibiting a moderate CAGR. The presence of three big automobile companies namely General Motors, Ford, and Fiat Chrysler have further augmented the overall demand for auto catalyst from the automobile industry. Moreover, the regulations from the Environmental protection agency is adding to the market growth of auto catalyst mainly in the U.S. and Canada. However, the growing efficiency and shelf life of auto catalyst are likely to slow the growth of the market during the forecast years.

The European region is a lucrative market and is mainly driven by a well-developed automobile industry. Moreover, the implementation of emission standards such as Euro 5 and Euro 6 is expected to substantially add to the growth of the auto catalyst market in the region. According to the European Union, a new regulation was passed in 2017, wherein more reliable emission tests have been implemented such as Real driving Emissions (RDE) and World Harmonised Light Vehicle Test Procedure (WLTP) for the light motor vehicle. This, in turn, is anticipated to be a contributing factor to the growth of the auto catalyst market in the European region.

Segmental Analysis:

The global auto catalyst market is segmented into application and region. On the basis of the application, the market is segregated into light-duty vehicle diesel, light-duty vehicle gasoline, and heavy-duty vehicle. The market by region is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Key Players:

Some of the prominent players operating in the global Auto catalyst market are BASF SE (Germany), Johnson Matthey (England), Solvay (Belgium), Umicore (Belgium), Corning Incorporated (U.S.), Cataler Corporation (Japan), DCL International (Canada), Heraeus Holding GmbH (Germany), Tenneco Inc (U.S.), Faurecia S.A (France), Klarius Products Limited (U.K), and Taizhou Three-Way Vehicle Catalytic Converter Co., Ltd (China). among others.

Geographical Analysis:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Intended Audience:

  • Auto catalyst  market manufacturers
  • Traders and Distributors of Auto catalyst market
  • Production process industries
  • Potential investors
  • Raw material suppliers
  • Nationalized laboratory 

Frequently Asked Questions (FAQ) :

Which sector of the application segment is slated to dominate the auto catalyst market?

The light-duty vehicles – diesel to dominate the application segment of the auto catalyst market.

What factors are boosting the auto catalyst market growth?

High disposable income, expanding automotive sector, stringent regulations to prevent carbon emission, and others are pushing the global auto catalyst market ahead.

Which region is dominating the global auto catalyst market?

North America is dominating the global auto catalyst market.

Who are the remarkable players in the autocatalyst market?

Players like Johnson Matthey (England), BASF SE (Germany), Umicore (Belgium), Solvay (Belgium), Klarius Products Limited (U.K), Cataler Corporation (Japan), Corning Incorporated (U.S.), Heraeus Holding GmbH (Germany), DCL International (Canada), Faurecia S.A (France), Tenneco Inc (U.S.), and Taizhou Three-Way Vehicle Catalytic Converter Co., Ltd (China) are dominating the auto catalyst market.

What is trending in the autocatalyst market?

Growing demand for better tools to reduce carbon emission is driving the global auto catalyst market ahead.

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Auto catalyst Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7.1 Introduction

7.2 Light Duty Vehicle- Diesel

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Light Duty Vehicle- Gasoline

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Heavy Duty Vehicle

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Application, 2017-2023

8.2.3 U.S.

8.2.3.1 Market Estimates & Forecast, 2017-2023

8.2.3.2 Market Estimates & Forecast by Application, 2017-2023

8.2.4 Canada

8.2.4.1 Market Estimates & Forecast, 2017-2023

8.2.4.2 Market Estimates & Forecast by Application, 2017-2023

8.2.5 Mexico

8.2.5.1 Market Estimates & Forecast, 2017-2023

8.2.5.2 Market Estimates & Forecast by Application, 2017-2023

8.3 Europe

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Application, 2017-2023

8.3.3 Germany

8.3.3.1 Market Estimates & Forecast, 2017-2023

8.3.3.2 Market Estimates & Forecast by Application, 2017-2023

8.3.4 Italy

8.3.4.1 Market Estimates & Forecast, 2017-2023

8.3.4.2 Market Estimates & Forecast by Application, 2017-2023

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2017-2023

8.3.5.2 Market Estimates & Forecast by Application, 2017-2023

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Application, 2017-2023

8.4.3 China

8.4.3.1 Market Estimates & Forecast, 2017-2023

8.4.3.2 Market Estimates & Forecast by Application, 2017-2023

8.4.4 India

8.4.4.1 Market Estimates & Forecast, 2017-2023

8.4.4.2 Market Estimates & Forecast by Application, 2017-2023

8.4.5 Japan

8.4.5.1 Market Estimates & Forecast, 2017-2023

8.4.5.2 Market Estimates & Forecast by Application, 2017-2023

8.4.6 Rest of Asia Pacific

8.4.6.1 Market Estimates & Forecast, 2017-2023

8.4.6.2 Market Estimates & Forecast by Application, 2017-2023

8.5 The Middle East & Africa

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Application, 2017-2023

8.5.3 Saudi Arabia

8.5.3.1 Market Estimates & Forecast, 2017-2023

8.5.3.2 Market Estimates & Forecast by Application, 2017-2023

8.5.4 Qatar

8.5.4.1 Market Estimates & Forecast, 2017-2023

8.5.4.2 Market Estimates & Forecast by Application, 2017-2023

8.5.5 North Africa

8.5.5.1 Market Estimates & Forecast, 2017-2023

8.5.5.2 Market Estimates & Forecast by Application, 2017-2023

8.5.6 GCC

8.5.6.1 Market Estimates & Forecast, 2017-2023

8.5.6.2 Market Estimates & Forecast by Application, 2017-2023

8.5.7 Rest of Middle East & Africa

8.5.7.1 Market Estimates & Forecast, 2017-2023

8.5.7.2 Market Estimates & Forecast by Application, 2017-2023

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2017-2023

8.6.2 Market Estimates & Forecast by Application, 2017-2023

8.6.3 Brazil

8.6.3.1 Market Estimates & Forecast, 2017-2023

8.6.3.2 Market Estimates & Forecast by Application, 2017-2023

8.6.4 Argentina

8.6.4.1 Market Estimates & Forecast, 2017-2023

8.6.4.2 Market Estimates & Forecast by Application, 2017-2023

8.6.5 Uruguay

8.6.5.1 Market Estimates & Forecast, 2017-2023

8.6.5.2 Market Estimates & Forecast by Application, 2017-2023

8.6.6 Rest of Latin America

8.6.6.1 Market Estimates & Forecast, 2017-2023

8.6.6.2 Market Estimates & Forecast by Application, 2017-2023

10.1 BASF SE

10.1.1 Company Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financial Updates

10.1.4 Key Developments

10.2 Johnson Matthey

10.2.1 Company Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financial Updates

10.2.4 Key Developments

10.3 Solvay

10.3.1 Company Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.3.4 Key Developments

10.4 Umicore

10.4.1 Company Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Updates

10.4.4 Key Developments

10.5 Corning Incorporated.

10.5.1 Company Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financial Updates

10.5.4 Key Developments

10.6 Cataler Corporation

10.6.1 Company Overview

10.6.2 Product/Business Segment Overview

10.6.3 Financial Updates

10.6.4 Key Developments

10.7 DCL International

10.7.1 Company Overview

10.7.2 Product/Business Segment Overview

10.7.3 Financial Updates

10.7.4 Key Developments

10.8 Heraeus Holding GmbH

10.8.1 Company Overview

10.8.2 Product/Business Segment Overview

10.8.3 Financial Updates

10.8.4 Key Developments

10.9 Tenneco Inc

10.9.1 Company Overview

10.9.2 Product/Business Segment Overview

10.9.3 Financial Updates

10.9.4 Key Developments

10.10 Faurecia S.A

10.10.1 Company Overview

10.10.2 Product/Business Segment Overview

10.10.3 Financial Updates

10.10.4 Key Developments

10.11 Klarius Products Limited

10.11.1 Company Overview

10.11.2 Product/Business Segment Overview

10.11.3 Financial Updates

10.11.4 Key Developments

10.12 Taizhou Three-Way Vehicle Catalytic Converter Co., Ltd

10.12.1 Company Overview

10.12.2 Product/Business Segment Overview

10.12.3 Financial Updates

10.12.4 Key Developments

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