Global Automotive Catalytic Converter Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2025

Automotive catalytic converter market is experiencing a significant growth. Catalytic converter is an emission control device which suppresses the toxic pollutants coming out of combustion chamber by a catalyzing a redox reaction. They are used in exhaust systems to reduce emission of harmful gases like hydrocarbons, carbon monoxide and nitrogen oxides. Catalytic converter is one of the most important parts of an emission control systems in an automobile.
 
This report examines the global automotive catalytic converter market and provides information regarding the revenue (USD Million) for the period 2018 to 2025. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
 
Drivers

• Advancement in technology
• Growth of the global automobiles market
• Tremendous growth in the usage of passenger vehicles
• Increasing stringent emission norms

 
Restraints

• Catalytic converters emit hazardous particles
• Increasing popularity for hybrid and electric vehicles market and innovations in hybrid and electric vehicles which are environmental friendly
• High cost and use of precious materials like platinum, palladium and rhodium in the parts

 
Report includes a detailed analysis on value chain in order to provide a holistic view of the automotive catalytic converter market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the automotive catalytic converter market industry, from raw material suppliers to end-users.
 
Automotive catalytic converter market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
 
The automotive catalytic converter market has further been segmented based on type such as two-way oxidation catalytic converter, three-way oxidation-reduction catalytic converter and diesel oxidation catalyst. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2018 to 2025. Each type has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
 
The automotive catalytic converter market has further been segmented based on materials such as platinum, palladium, and rhodium. The study provides forecast and estimates market for each material in terms of revenue and volume during the forecast period from 2018 to 2025. Each material has been further analyzed based on regional and country levels from 2018 to 2025 in terms of volume and revenue.
 
In terms of geography, the automotive catalytic converter market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
 
The report also offers a competitive landscape of the overall market with company profiles of players such as Magneti Marelli S.P.A., Faurecia SA, Tenneco Inc., Benteler International AG, Eberspaecher GmbH Holding & Co. KG, BASF Catalysts LLC, Calsonic Kansei Corporation, Clean Diesel Technologies, Inc. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides automotive catalytic converter market market's Mergers/acquisitions, Partnerships, Collaborations, New product launches, new product developments and other industry developments.
 
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.
 
SEGMENTATIONS IN REPORT: 
Automotive Catalytic Converter Market by Type:

• Two-way oxidation catalytic converter
• Three-way oxidation-reduction catalytic converter
• Diesel oxidation catalyst

 
Automotive Catalytic Converter Market by Material:

• Platinum
• Palladium
• Rhodium

 
Automotive Catalytic Converter Market by Geography:

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East And Africa