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The global auto catalyst market attained a value of about USD 14.02 billion in 2021. The market is further expected to grow at a CAGR of 3.6% during the forecast period of 2022-2027 to reach nearly USD 17.33 billion by 2027.
The global market for auto catalyst 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, among others. All of these gases directly impact human health as well as contribute to the degradation of the environment.
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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. This is thus augmenting the growth of the market. In addition, various governmental regulations mandating the inclusion of auto catalysts in motor vehicles is also positively influencing the market growth of auto catalysts globally.
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 can be divided into:
The EMR report looks into the regional markets of auto catalyst like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The rapidly growing demand for personal vehicles owing to innovation in technology and the rising purchasing power of people is projected to have a positive influence over the market growth of auto catalyst in the coming years. The automobile industry is witnessing a surge owing to the rising demand for personal vehicles in the wake of health consciousness, especially post COVID-19. In addition to this, owing to the poor air quality caused by the harmful emissions of gasoline vehicles, the rising prevalence of diseases, such as asthma, bronchitis, and skin allergies, among others, is further expected to compel automobile manufacturers to incorporate auto catalysts, thereby augmenting the growth of the market. Moreover, owing to rising environmental concerns, investments into new technologies to improve the functions of auto catalysts that would aid in sustainable manufacturing is predicted to invigorate the market growth of auto catalysts over the forecast period.
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:
The comprehensive report looks at the micro and macro aspects of the industry. 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.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region|
|Breakup by Application||LDV-Diesel, LDV-Gasoline, HDV|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||BASF SE, Umicore S.A., Haldor Topsoe A/S, Cataler Corporation, Johnson Matthey, Others|
|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.|
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Auto Catalyst Market Analysis
8.1 Key Industry Highlights
8.2 Global Auto Catalyst Historical Market (2017-2021)
8.3 Global Auto Catalyst Market Forecast (2022-2027)
8.4 Global Auto Catalyst Market by Application
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.5 Global Auto Catalyst Market by Region
8.5.1 Market Share
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
184.108.40.206 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
220.127.116.11 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 BASF SE
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.2 Umicore S.A.
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.3 Haldor Topsoe A/S
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
12.2.4 Cataler Corporation
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
12.2.5 Johnson Matthey
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Cost Analysis
2.1 Cost of Raw Material
2.6 Other Costs
List of Key Figures and Tables
1. Global Auto Catalyst Market: Key Industry Highlights, 2017 and 2027
2. Global Auto Catalyst Historical Market: Breakup by Application (USD Billion), 2017-2021
3. Global Auto Catalyst Market Forecast: Breakup by Application (USD Billion), 2022-2027
4. Global Auto Catalyst Historical Market: Breakup by Region (USD Billion), 2017-2021
5. Global Auto Catalyst Market Forecast: Breakup by Region (USD Billion), 2022-2027
6. North America Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2017-2021
7. North America Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2022-2027
8. Europe Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2017-2021
9. Europe Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Asia Pacific Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Asia Pacific Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Latin America Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Latin America Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Middle East and Africa Auto Catalyst Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Middle East and Africa Auto Catalyst Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Global Auto Catalyst Market Structure
The global auto catalyst market attained a value of nearly USD 14.02 billion in 2021.
The market is projected to grow at a CAGR of 3.6% in the forecast period of 2022-2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 17.33 billion by 2027.
The market is being driven by the rising environmental concerns in the wake of rising levels of pollution from vehicular emissions.
The rise in the number of diseases owing to poor air quality, surge in demand for personal vehicles, and implementation of stringent regulations are expected to boost the growth of the market.
The major regional markets for auto catalyst 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 industry are BASF SE, Umicore S.A., Haldor Topsoe A/S, Cataler Corporation, and Johnson Matthey, among others.
The global auto catalyst market attained a value of about USD 14.02 billion in 2021, driven by the rising environmental concerns. Aided by the flourishing automobile sector, the market is expected to grow at a CAGR of 3.6% in the forecast period of 2022-2027 to reach nearly USD 17.33 billion by 2027.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. The market, based on applications, can be segmented into LDV-Diesel, LDV-Gasoline, and HDV. The major regional markets for auto catalyst are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are BASF SE, Umicore S.A., Haldor Topsoe A/S, Cataler Corporation, and Johnson Matthey, 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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