Global Catalytic Converter Market Overview
Catalytic Converter Market Size Was Valued at USD 166.4 Billion in 2023 and is Projected to Reach USD 337.94 Billion by 2032, Growing at a CAGR of 8.19% From 2024-2032
Eugene Houdry invented the catalytic converter, he was a French mechanical engineer, skilled in catalytic oil refining. The innovation of catalytic converters holds a major role in controlling harmful emissions. Houdry first manufactured catalytic converters for smokestacks and then developed catalytic converters for warehouse forklifts that use low-grade non-leaded gasoline. Furthermore, he began his research to make advancements in catalytic converters for gasoline engines that became used on cars in the mid-1950s.
A catalytic converter is a device used to decrease the harmful emissions from an internal combustion engine mostly used in modern-day vehicles and automobiles. Additionally, less amount of oxygen is available in these engines for oxidization of carbon fuel completely into carbon dioxide and water thus, toxic by-products are generated. Moreover, catalytic converters are used in exhaust systems to provide a site for the oxidation and reduction of toxic substances such as nitrogen oxides, carbon monoxide, and hydrocarbons into less hazardous by-products such as carbon dioxide, and water vapor. Catalyst is a chemical substance that enhances the rate of a chemical reaction by taking part in it and remains unchanged at the end of the reaction. Additionally, the growing concern of governments and individuals regarding the air and noise pollution created by automobiles is supporting the growth of the Catalytic Converter Market in the period of forecast. Catalytic converters were first widely incorporated in American cars in 1975 due to EPA regulations on harmful emissions reductions. Catalytic Converter also helps in enhancing the efficiency and life span of vehicles. The major catalysts used in the converter are mostly precious metals such as platinum, palladium, and rhodium. The reactions involved in the catalytic converter are oxidation reactions and reduction reactions. Moreover, both these reactions in combination help in reducing the harmful emission from automobiles.
Market Dynamics and Key Factors in Catalytic Converter Market
Drivers:
During the combustion process inside the cylinder of the engine, the air-fuel mixture never burns completely which results in the production of harmful poisonous gases. These gases are not only harmful to the environment but also for humans when they inhale them, to reduce the emission the use of a catalytic converter is very advantageous, thus propelling the Catalytic Converter Market growth in the period of forecast. Moreover, almost every year, the emission regulations prescribed by government authorities are becoming stricter than the year before, as more and more people and governments are becoming environmentally conscious thus strengthening the Catalytic Converter Market expansion in the period of forecast.
Harmful pollutants like nitrous oxide and carbon monoxide are tremendously decreased in the car's net emissions after installing a catalytic converter. The carbon monoxide emission can be cut down by as much as 85 percent, and the emission of nitrous oxide by as much as 62 percent. All these factors are boosting the market growth in the span of the forecast. Moreover, many companies have invested in the research and development of catalytic converters to enhance their overall performance. The growing sales of automobiles globally owing to rising disposable income and the comfort and convenience automobiles offer is boosting the growth of the Catalytic Converter Market during the period of forecast.
Restraints:
Catalytic converters help in reducing the emission of carbon monoxide and nitrous oxide yet, they do not reduce the emission of carbon dioxide which is generated when fossil fuels are burnt hence restricting the market growth in the period of forecast. Moreover, owing to their efficiency in reducing pollution the catalytic converters, however, are expensive to get replaced. With the growing population trend towards electric cars and other automobiles the demand for cars running on fossil fuels is decreasing, thus hindering the Catalytic Converter Market growth throughout the forecast. Furthermore, when a vehicle starts it takes five minutes for the Catalytic Converter to start its functioning this is known as a cold start, during this period there is the emission of harmful gases.
Additionally, platinum is the widespread used metallic catalyst in Catalytic Converter as it is a very active catalyst. The cost of platinum is very expensive, thus hampering the growth of the Catalytic Converter Market during the period of forecast. Moreover, governments of various countries are imposing strict laws to eliminate the pollution caused by fuel combustion. Many countries are making efforts to strive for zero-emission goals, and thus are promoting customers to use electric vehicles. All these factors are hindering the Catalytic Converter Market growth throughout the forecast.
Challenges:
The catalytic converter uses precious metals such as platinum, palladium, and rhodium for the manufacturing of catalyst beds. The price of platinum, palladium, and rhodium keeps fluctuating strongly, depending on the supply, demand, and speculation. These variations in supply and demand, as well as the increase in severity of emission legislation, had a direct correlation on the composition of the catalysts which has resulted in high pricing of these elements. To overcome this high pricing and provide catalytic converters at affordable prices are the biggest challenge for the market players.
Market Segmentation
Segmentation Analysis of Catalytic Converter Market:
Depending upon the Type, the three-way oxidation-reduction catalytic converter (TWORCC) is anticipated to dominate the market. TWORCC is efficient in reducing the harmful emission by 98% thus promoting the growth of this segment. Moreover, oxidation and reduction take place simultaneously in this catalytic converter which eliminates the need for separate equipment for reduction reactions required in a two-way oxidation catalytic converter. The diesel oxidation catalyst is forecasted to have the second-highest share in the market owing to its efficiency in reducing harmful emissions in compression-ignition such as diesel engines. Moreover, they can perform at 90% efficiency and helps in removing diesel odor and reducing visible particulates.
Depending on Engine Type, the gasoline segment is expected to dominate the Catalytic Converter market in the period of forecast. Individuals prefer gasoline engine cars owing to their low pricing. Moreover, the maintenance cost associated with a gasoline engine is also low as compared to a diesel engine, thus promoting the growth of the gasoline segment.
Depending on Monoliths, ceramic is anticipated to dominate the Catalytic Converter market. Ceramic honeycomb monoliths increase the efficiency of catalysts to eliminate or reduce the pollution caused by combustion.
Depending on Application, the passenger segment is forecasted to have the highest growth in Catalytic Converter Market. The increasing number of individuals buying cars for personal use, the development of road infrastructure, and the rising disposable income are boosting the growth of this segment.
Regional Analysis of Catalytic Converter Market:
Asia-Pacific region is anticipated to dominate the region owing to the huge number of individuals purchasing automobiles in countries such as India, and China. The rising disposable income and the growth in the infrastructure development of roadways are promoting the growth of the Catalytic Converter Market in this region.
Europe region is forecasted to have the second-highest share in Catalytic Converter Market. The increasing number of automobile purchasers and supportive government policies is promoting the growth of the Catalytic Converter Market in this region. The growing research and development to enhance automotive development are further promoting market growth.
Players Covered in Catalytic Converter Market are:
- BASF SE (Germany)
- CDTi Advanced Materials Inc. (U. S)
- Continental AG (Germany)
- Eberspächer (Germany)
- Faurecia (France)
- BOSAL (Belgium)
- Yutaka Giken Company Limited (Japan)
- Sejong Industrial Co. Ltd (Korea)
- Marelli Europe S.p.A (Italy)
- Sango Co. Ltd (Japan)
- Tenneco Inc (U. S) and other major players.
Key Industry Development in Catalytic Converter Market
- In December 2023, BASF Environmental Catalyst and Metal Solutions (ECMS) signed an agreement to purchase the assets of Arc Metal AB in Hofors, Sweden. The company currently conducts toll smelting and processing of spent automotive catalysts, among other services, and will further complement ECMS’s existing global precious metal recycling operations in Cinderford, UK, Seneca and Spartanburg, South Carolina, and Caldwell, Texas, USA
- In October 2023, Cummins Inc. announced that Cummins Emission Solutions completed its acquisition of two Faurecia commercial vehicle manufacturing plants and their related activities, one in Columbus, Indiana (U.S.), and one in Roermond, Netherlands. Faurecia is a global automotive technology leader and company of the FORVIA Group.
Global Catalytic Converter Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 166.4 Bn. |
Forecast Period 2024-2032 CAGR: |
8.10% |
Market Size in 2032: |
USD 3337.94 Bn. |
Segments Covered: |
By Type |
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By Material |
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By Vehicle Type |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Material
3.3 By Vehicle Type
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Catalytic Converter Market by Type
5.1 Catalytic Converter Market Overview Snapshot and Growth Engine
5.2 Catalytic Converter Market Overview
5.3 Three-Way Oxidation-Reduction Catalytic Converter
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Three-Way Oxidation-Reduction Catalytic Converter: Grographic Segmentation
5.4 Two-Way Oxidation Catalytic Converter
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Two-Way Oxidation Catalytic Converter: Grographic Segmentation
5.5 Diesel Oxidation Catalyst
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Diesel Oxidation Catalyst: Grographic Segmentation
Chapter 6: Catalytic Converter Market by Material
6.1 Catalytic Converter Market Overview Snapshot and Growth Engine
6.2 Catalytic Converter Market Overview
6.3 Palladium
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Palladium: Grographic Segmentation
6.4 Rhodium
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Rhodium: Grographic Segmentation
6.5 Platinum
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Platinum: Grographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Grographic Segmentation
Chapter 7: Catalytic Converter Market by Vehicle Type
7.1 Catalytic Converter Market Overview Snapshot and Growth Engine
7.2 Catalytic Converter Market Overview
7.3 Passenger Cars
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Passenger Cars: Grographic Segmentation
7.4 Light Commercial Vehicles (LCV)
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Light Commercial Vehicles (LCV): Grographic Segmentation
7.5 Heavy Commercial Vehicles (HCV)
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Heavy Commercial Vehicles (HCV): Grographic Segmentation
7.6 Others
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Others: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Catalytic Converter Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Catalytic Converter Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Catalytic Converter Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 BASF SE
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 CDTI ADVANCED MATERIALS INC.
8.4 CONTINENTAL AG
8.5 EBERSPÄCHER
8.6 FAURECIA
8.7 BOSAL
8.8 YUTAKA GIKEN COMPANY LIMITED
8.9 SEJONG INDUSTRIAL CO. LTD
8.10 MARELLI EUROPE S.P.A.
8.11 SANGO CO. LTD
8.12 TENNECO INC.
8.13 OTHER MAJOR PLAYERS
Chapter 9: Global Catalytic Converter Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Type
9.2.1 Three-Way Oxidation-Reduction Catalytic Converter
9.2.2 Two-Way Oxidation Catalytic Converter
9.2.3 Diesel Oxidation Catalyst
9.3 Historic and Forecasted Market Size By Material
9.3.1 Palladium
9.3.2 Rhodium
9.3.3 Platinum
9.3.4 Others
9.4 Historic and Forecasted Market Size By Vehicle Type
9.4.1 Passenger Cars
9.4.2 Light Commercial Vehicles (LCV)
9.4.3 Heavy Commercial Vehicles (HCV)
9.4.4 Others
Chapter 10: North America Catalytic Converter Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Three-Way Oxidation-Reduction Catalytic Converter
10.4.2 Two-Way Oxidation Catalytic Converter
10.4.3 Diesel Oxidation Catalyst
10.5 Historic and Forecasted Market Size By Material
10.5.1 Palladium
10.5.2 Rhodium
10.5.3 Platinum
10.5.4 Others
10.6 Historic and Forecasted Market Size By Vehicle Type
10.6.1 Passenger Cars
10.6.2 Light Commercial Vehicles (LCV)
10.6.3 Heavy Commercial Vehicles (HCV)
10.6.4 Others
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Catalytic Converter Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Three-Way Oxidation-Reduction Catalytic Converter
11.4.2 Two-Way Oxidation Catalytic Converter
11.4.3 Diesel Oxidation Catalyst
11.5 Historic and Forecasted Market Size By Material
11.5.1 Palladium
11.5.2 Rhodium
11.5.3 Platinum
11.5.4 Others
11.6 Historic and Forecasted Market Size By Vehicle Type
11.6.1 Passenger Cars
11.6.2 Light Commercial Vehicles (LCV)
11.6.3 Heavy Commercial Vehicles (HCV)
11.6.4 Others
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Catalytic Converter Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Three-Way Oxidation-Reduction Catalytic Converter
12.4.2 Two-Way Oxidation Catalytic Converter
12.4.3 Diesel Oxidation Catalyst
12.5 Historic and Forecasted Market Size By Material
12.5.1 Palladium
12.5.2 Rhodium
12.5.3 Platinum
12.5.4 Others
12.6 Historic and Forecasted Market Size By Vehicle Type
12.6.1 Passenger Cars
12.6.2 Light Commercial Vehicles (LCV)
12.6.3 Heavy Commercial Vehicles (HCV)
12.6.4 Others
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Catalytic Converter Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Three-Way Oxidation-Reduction Catalytic Converter
13.4.2 Two-Way Oxidation Catalytic Converter
13.4.3 Diesel Oxidation Catalyst
13.5 Historic and Forecasted Market Size By Material
13.5.1 Palladium
13.5.2 Rhodium
13.5.3 Platinum
13.5.4 Others
13.6 Historic and Forecasted Market Size By Vehicle Type
13.6.1 Passenger Cars
13.6.2 Light Commercial Vehicles (LCV)
13.6.3 Heavy Commercial Vehicles (HCV)
13.6.4 Others
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Catalytic Converter Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Three-Way Oxidation-Reduction Catalytic Converter
14.4.2 Two-Way Oxidation Catalytic Converter
14.4.3 Diesel Oxidation Catalyst
14.5 Historic and Forecasted Market Size By Material
14.5.1 Palladium
14.5.2 Rhodium
14.5.3 Platinum
14.5.4 Others
14.6 Historic and Forecasted Market Size By Vehicle Type
14.6.1 Passenger Cars
14.6.2 Light Commercial Vehicles (LCV)
14.6.3 Heavy Commercial Vehicles (HCV)
14.6.4 Others
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Catalytic Converter Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 166.4 Bn. |
Forecast Period 2024-2032 CAGR: |
8.10% |
Market Size in 2032: |
USD 3337.94 Bn. |
Segments Covered: |
By Type |
|
|
By Material |
|
||
By Vehicle Type |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CATALYTIC CONVERTER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CATALYTIC CONVERTER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CATALYTIC CONVERTER MARKET COMPETITIVE RIVALRY
TABLE 005. CATALYTIC CONVERTER MARKET THREAT OF NEW ENTRANTS
TABLE 006. CATALYTIC CONVERTER MARKET THREAT OF SUBSTITUTES
TABLE 007. CATALYTIC CONVERTER MARKET BY TYPE
TABLE 008. THREE-WAY OXIDATION-REDUCTION CATALYTIC CONVERTER MARKET OVERVIEW (2016-2028)
TABLE 009. TWO-WAY OXIDATION CATALYTIC CONVERTER MARKET OVERVIEW (2016-2028)
TABLE 010. DIESEL OXIDATION CATALYST MARKET OVERVIEW (2016-2028)
TABLE 011. CATALYTIC CONVERTER MARKET BY MATERIAL
TABLE 012. PALLADIUM MARKET OVERVIEW (2016-2028)
TABLE 013. RHODIUM MARKET OVERVIEW (2016-2028)
TABLE 014. PLATINUM MARKET OVERVIEW (2016-2028)
TABLE 015. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 016. CATALYTIC CONVERTER MARKET BY VEHICLE TYPE
TABLE 017. PASSENGER CARS MARKET OVERVIEW (2016-2028)
TABLE 018. LIGHT COMMERCIAL VEHICLES (LCV) MARKET OVERVIEW (2016-2028)
TABLE 019. HEAVY COMMERCIAL VEHICLES (HCV) MARKET OVERVIEW (2016-2028)
TABLE 020. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 021. NORTH AMERICA CATALYTIC CONVERTER MARKET, BY TYPE (2016-2028)
TABLE 022. NORTH AMERICA CATALYTIC CONVERTER MARKET, BY MATERIAL (2016-2028)
TABLE 023. NORTH AMERICA CATALYTIC CONVERTER MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 024. N CATALYTIC CONVERTER MARKET, BY COUNTRY (2016-2028)
TABLE 025. EUROPE CATALYTIC CONVERTER MARKET, BY TYPE (2016-2028)
TABLE 026. EUROPE CATALYTIC CONVERTER MARKET, BY MATERIAL (2016-2028)
TABLE 027. EUROPE CATALYTIC CONVERTER MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 028. CATALYTIC CONVERTER MARKET, BY COUNTRY (2016-2028)
TABLE 029. ASIA PACIFIC CATALYTIC CONVERTER MARKET, BY TYPE (2016-2028)
TABLE 030. ASIA PACIFIC CATALYTIC CONVERTER MARKET, BY MATERIAL (2016-2028)
TABLE 031. ASIA PACIFIC CATALYTIC CONVERTER MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 032. CATALYTIC CONVERTER MARKET, BY COUNTRY (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA CATALYTIC CONVERTER MARKET, BY TYPE (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA CATALYTIC CONVERTER MARKET, BY MATERIAL (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA CATALYTIC CONVERTER MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 036. CATALYTIC CONVERTER MARKET, BY COUNTRY (2016-2028)
TABLE 037. SOUTH AMERICA CATALYTIC CONVERTER MARKET, BY TYPE (2016-2028)
TABLE 038. SOUTH AMERICA CATALYTIC CONVERTER MARKET, BY MATERIAL (2016-2028)
TABLE 039. SOUTH AMERICA CATALYTIC CONVERTER MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 040. CATALYTIC CONVERTER MARKET, BY COUNTRY (2016-2028)
TABLE 041. BASF SE: SNAPSHOT
TABLE 042. BASF SE: BUSINESS PERFORMANCE
TABLE 043. BASF SE: PRODUCT PORTFOLIO
TABLE 044. BASF SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. CDTI ADVANCED MATERIALS INC.: SNAPSHOT
TABLE 045. CDTI ADVANCED MATERIALS INC.: BUSINESS PERFORMANCE
TABLE 046. CDTI ADVANCED MATERIALS INC.: PRODUCT PORTFOLIO
TABLE 047. CDTI ADVANCED MATERIALS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. CONTINENTAL AG: SNAPSHOT
TABLE 048. CONTINENTAL AG: BUSINESS PERFORMANCE
TABLE 049. CONTINENTAL AG: PRODUCT PORTFOLIO
TABLE 050. CONTINENTAL AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. EBERSPÄCHER: SNAPSHOT
TABLE 051. EBERSPÄCHER: BUSINESS PERFORMANCE
TABLE 052. EBERSPÄCHER: PRODUCT PORTFOLIO
TABLE 053. EBERSPÄCHER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. FAURECIA: SNAPSHOT
TABLE 054. FAURECIA: BUSINESS PERFORMANCE
TABLE 055. FAURECIA: PRODUCT PORTFOLIO
TABLE 056. FAURECIA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. BOSAL: SNAPSHOT
TABLE 057. BOSAL: BUSINESS PERFORMANCE
TABLE 058. BOSAL: PRODUCT PORTFOLIO
TABLE 059. BOSAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. YUTAKA GIKEN COMPANY LIMITED: SNAPSHOT
TABLE 060. YUTAKA GIKEN COMPANY LIMITED: BUSINESS PERFORMANCE
TABLE 061. YUTAKA GIKEN COMPANY LIMITED: PRODUCT PORTFOLIO
TABLE 062. YUTAKA GIKEN COMPANY LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. SEJONG INDUSTRIAL CO. LTD: SNAPSHOT
TABLE 063. SEJONG INDUSTRIAL CO. LTD: BUSINESS PERFORMANCE
TABLE 064. SEJONG INDUSTRIAL CO. LTD: PRODUCT PORTFOLIO
TABLE 065. SEJONG INDUSTRIAL CO. LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. MARELLI EUROPE S.P.A.: SNAPSHOT
TABLE 066. MARELLI EUROPE S.P.A.: BUSINESS PERFORMANCE
TABLE 067. MARELLI EUROPE S.P.A.: PRODUCT PORTFOLIO
TABLE 068. MARELLI EUROPE S.P.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. SANGO CO. LTD: SNAPSHOT
TABLE 069. SANGO CO. LTD: BUSINESS PERFORMANCE
TABLE 070. SANGO CO. LTD: PRODUCT PORTFOLIO
TABLE 071. SANGO CO. LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. TENNECO INC.: SNAPSHOT
TABLE 072. TENNECO INC.: BUSINESS PERFORMANCE
TABLE 073. TENNECO INC.: PRODUCT PORTFOLIO
TABLE 074. TENNECO INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 075. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 076. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 077. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CATALYTIC CONVERTER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CATALYTIC CONVERTER MARKET OVERVIEW BY TYPE
FIGURE 012. THREE-WAY OXIDATION-REDUCTION CATALYTIC CONVERTER MARKET OVERVIEW (2016-2028)
FIGURE 013. TWO-WAY OXIDATION CATALYTIC CONVERTER MARKET OVERVIEW (2016-2028)
FIGURE 014. DIESEL OXIDATION CATALYST MARKET OVERVIEW (2016-2028)
FIGURE 015. CATALYTIC CONVERTER MARKET OVERVIEW BY MATERIAL
FIGURE 016. PALLADIUM MARKET OVERVIEW (2016-2028)
FIGURE 017. RHODIUM MARKET OVERVIEW (2016-2028)
FIGURE 018. PLATINUM MARKET OVERVIEW (2016-2028)
FIGURE 019. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 020. CATALYTIC CONVERTER MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 021. PASSENGER CARS MARKET OVERVIEW (2016-2028)
FIGURE 022. LIGHT COMMERCIAL VEHICLES (LCV) MARKET OVERVIEW (2016-2028)
FIGURE 023. HEAVY COMMERCIAL VEHICLES (HCV) MARKET OVERVIEW (2016-2028)
FIGURE 024. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 025. NORTH AMERICA CATALYTIC CONVERTER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. EUROPE CATALYTIC CONVERTER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. ASIA PACIFIC CATALYTIC CONVERTER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. MIDDLE EAST & AFRICA CATALYTIC CONVERTER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. SOUTH AMERICA CATALYTIC CONVERTER MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Catalytic Converter Market research report is 2024-2032.
BASF SE (Germany), CDTi Advanced Materials Inc. (U. S), Continental AG (Germany), Eberspächer (Germany), Faurecia (France), BOSAL (Belgium), Yutaka Giken Company Limited (Japan), Sejong Industrial Co. Ltd (Korea), Marelli Europe S.p.A (Italy), Sango Co. Ltd (Japan), Tenneco Inc (U. S), and other major players.
The Catalytic Converter Market is segmented into type, material, vehicle type, and region. By Type, the market is categorized into Three-Way Oxidation-Reduction Catalytic Converter, Two-Way Oxidation Catalytic Converter, and Diesel Oxidation Catalyst. By Material, the market is categorized into Palladium, Rhodium, Platinum, and Others. By Vehicle Type, the market is categorized into Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A catalytic converter is a device used to decrease the harmful emissions from an internal combustion engine mostly used in modern-day vehicles and automobiles. Additionally, less amount of oxygen is available in these engines for oxidization of carbon fuel completely into carbon dioxide and water thus, toxic by-products are generated.
Catalytic Converter Market Size Was Valued at USD 166.4 Billion in 2023 and is Projected to Reach USD 337.94 Billion by 2032, Growing at a CAGR of 8.19% From 2024-2032