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Global Auto Catalyst Market Size, Growth, Share, Analysis, Outlook, Forecast: By Application: LDV-Diesel, LDV-Gasoline, HDV; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Industry Events and Developments; 2023-2028
Global Auto Catalyst Market Outlook
The global auto catalyst market size attained a value of approximately USD 14.7 billion in 2022. The market is further expected to grow at a CAGR of 3.80% during the forecast period of 2023-2028, reaching around USD 18.3 billion by 2028.
Heavy-duty vehicles (HDVs) such as urban buses and cargo trucks are responsible for releasing harmful gases like nitrogen oxide, hydrocarbon, and particulate matter. The increasing demand for HDVs to sustain transportation operations across industries such as military, aviation, public transportation, logistics, and towing are anticipated to increase the demand or autocatalysts in the coming years. Advancements in technology for auto catalysts are expected to surge the production of advanced automotive catalysts that can effectively screen various contaminants, leading to an expansion of the auto catalyst market share. The growing innovations by prominent automotive manufacturers aimed towards producing cheaper auto catalysts to reduce the emission of diesel engine cars are further supporting the market growth for auto catalysts.
Rising Environmental Concerns are Invigorating the Growth of the Auto Catalyst Market
The market for auto catalysts is being significantly driven by the rising levels of pollution caused by the burning of fuel from vehicles such as cars, buses, scooters, and trucks, among others. Vehicle exhaust contains a variety of harmful elements, including carbon monoxide, nitrogen oxides, hydrocarbons, and particulates. All of these gases directly impact human health as well as contribute to the degradation of the environment.
These can be controlled by an auto catalyst, which is capable of converting nearly 90% of these harmful gases from gasoline engines into less harmful carbon dioxide and water vapour. In addition, regulations of various governments mandating the inclusion of auto catalysts in motor vehicles is also positively influencing the automotive catalyst market growth globally.
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Auto Catalyst: Market Segmentation
An auto catalyst is a cylinder of circular elliptical cross-sections made by transforming ceramics or metals into a fine honeycomb structure and coating it with a solution of rhodium, platinum, and palladium. Generally installed in the exhaust system of vehicles, an auto catalyst helps transform toxic gases into harmless elements before releasing it into the environment.
On the basis of application, the market is divided into:
- LDV-Diesel
- LDV-Gasoline
- HDV
The EMR report looks into the regional markets of auto catalysts like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The Surging Demand for Personal Vehicles to Boost the Market Growth of Auto Catalysts
The rapidly growing demand for personal vehicles owing to the innovation in technology and the rising purchasing power of people is projected to have a positive influence over the auto catalyst market growth in the coming years. The market for automotive catalysts is witnessing a surge owing to the increasing popularity of customisable vehicles to attain enhanced personalised experiences. The rising prevalence of diseases, such as asthma, bronchitis, and skin allergies, among others, owing to the poor air quality caused by the harmful emissions of gasoline vehicles, is further expected to compel automobile manufacturers to incorporate auto catalysts, which is in turn expected to add to the auto catalyst market revenue. Moreover, owing to rising environmental concerns, investments into new technologies to improve the functions of auto catalysts that would aid in sustainable manufacturing, are likely to support the market growth over the forecast period.
Key Players in the Global Auto Catalyst Market
The report presents a detailed analysis of the following key players in the global auto catalyst market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- BASF SE
- Umicore S.A.
- Haldor Topsoe A/S
- Cataler Corporation
- Johnson Matthey
- Corning Incorporated
- Clariant Corporation
- Tenneco Inc.
- Topsoe A/S
- CDTi Advanced Materials Inc
- Cummins Inc.
- Others
The comprehensive report looks at the micro and macro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Auto Catalyst Market Analysis
8.1 Key Industry Highlights
8.2 Global Auto Catalyst Historical Market (2018-2022)
8.3 Global Auto Catalyst Market Forecast (2023-2028)
8.4 Global Auto Catalyst Market by Application
8.4.1 LDV-Diesel
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 LDV-Gasoline
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 HDV
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Auto Catalyst Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
9 North America Auto Catalyst Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Auto Catalyst Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Auto Catalyst Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Auto Catalyst Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Auto Catalyst Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 BASF SE
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Umicore S.A.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Haldor Topsoe A/S
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Cataler Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Johnson Matthey
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Corning Incorporated
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Clariant Corporation
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Tenneco Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Topsoe A/S
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 CDTi Advanced Materials Inc
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Cummins Inc.
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Cost Analysis
2.1 Cost of Raw Material
2.2 Packaging
2.3 Transportation
2.4 Utilities
2.5 Manpower
2.6 Other Costs
List of Key Figures and Tables
1. Global Auto Catalyst Market: Key Industry Highlights, 2018 and 2028
2. Global Auto Catalyst Historical Market: Breakup by Application (USD Billion), 2018-2022
3. Global Auto Catalyst Market Forecast: Breakup by Application (USD Billion), 2023-2028
4. Global Auto Catalyst Historical Market: Breakup by Region (USD Billion), 2018-2022
5. Global Auto Catalyst Market Forecast: Breakup by Region (USD Billion), 2023-2028
6. North America Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2018-2022
7. North America Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2023-2028
8. Europe Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2018-2022
9. Europe Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Asia Pacific Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Asia Pacific Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Latin America Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Latin America Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Middle East and Africa Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Middle East and Africa Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Global Auto Catalyst Market Structure
Key Questions Answered in the Report
The global market for auto catalysts attained a value of approximately USD 14.7 billion in 2022.
The market is projected to grow at a CAGR of 3.80% in the forecast period of 2023-2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028, reaching around USD 18.3 billion by 2028.
The market is being driven by the rising environmental concerns in the wake of rising levels of pollution from vehicular emissions and implementation of stringent regulations regarding automotive pollution.
Rising number of diseases owing to poor air quality, surge in demand for personal vehicles, and technological advancements in auto catalysts are the key trends of the market.
The major regional markets for auto catalysts are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The significant applications of auto catalysts include LDV-diesel, LDV-gasoline, and HDV.
The major players in the market are BASF SE, Umicore S.A., Haldor Topsoe A/S, Cataler Corporation, Johnson Matthey, Corning Incorporated, Clariant Corporation, Tenneco Inc., Topsoe A/S, CDTi Advanced Materials Inc, and Cummins Inc., among others.
Analyst Review
The global auto catalyst market attained a value of approximately USD 14.7 billion in 2022, driven by the rising environmental concerns. Aided by the flourishing automobile sector, the market is expected to grow at a CAGR of 3.80% in the forecast period of 2023-2028 to reach around USD 18.3 billion by 2028.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the market. The market, based on applications, is segmented into LDV-diesel, LDV-gasoline, and HDV. The major regional markets for auto catalysts are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the market are BASF SE, Umicore S.A., Haldor Topsoe A/S, Cataler Corporation, Johnson Matthey, Corning Incorporated, Clariant Corporation, Tenneco Inc., Topsoe A/S, CDTi Advanced Materials Inc, and Cummins Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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