Global catalytic converter market expected to reach approximately USD 79,772 million by 2025, at a CAGR of around 8.2% between 2019 and 2025. Stringent fuel efficiency and emission regulations globally to influence the demand for catalytic converters are expected to drive the global catalytic converter market.
The report covers a forecast and an analysis of the catalytic converter market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million) and volume (K Units). The study includes the drivers and restraints of the catalytic converter market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to the catalytic converter market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the catalytic converter market by segmenting the market based on type, material, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. By type, the global catalytic converter market is segmented into three-way oxidation-reduction catalytic converter, two-way oxidation catalytic converter, and a diesel oxidation catalyst. By material, the catalytic converter market is segmented into rhodium, platinum, and palladium.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further divided into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.
Some key players of the global catalytic converter market are BASF Catalysts LLC., Jetex Exhausts Ltd., Futaba Corporation, Tenneco Inc., Eberspaecher GmbH Holding & Co., Calsonic Kansei Corporation, HJS Emission Technology GmbH & Co. KG., Faurecia SA, Clean Diesel Technologies Inc., Benteler International AG, Standard Motor Products Europe Ltd., and Magneti Marelli S.P.A.
This report segments the global catalytic converter market into:
Global Catalytic Converter market: Type Analysis
Global Catalytic Converter market: Material Analysis
Global Catalytic Converter market: Regional Analysis
List of Figures
1. Market Research Process
2. Market Research Methodology
3. Global Catalytic Converter Market Value, 2016 – 2025 (USD Million)
4. Porter’s Five Forces Analysis
5. Global Catalytic Converter Market: Market Attractiveness Analysis, By Type
6. Global Catalytic Converter Market: Market Attractiveness Analysis, By Material
7. Global Catalytic Converter Market: Market Attractiveness Analysis, By Region
8. Company Market Share Analysis, 2018
9. Global Catalytic Converter Market Value Share, By Type, 2016 – 2025
10. Global Catalytic Converter Market Volume Share, By Type, 2016 – 2025
11. Global Three-way Oxidation-reduction Catalytic Converter Market, 2016 – 2025 (USD Million)
12. Global Three-way Oxidation-reduction Catalytic Converter Market, 2016 – 2025 (K Units)
13. Global Two-way Oxidation Catalytic Converter market, 2016 – 2025, (USD Million)
14. Global Two-way Oxidation Catalytic Converter market, 2016 – 2025, (K Units)
15. Global Diesel Oxidation Catalyst Market, 2016 – 2025, (USD Million)
16. Global Diesel Oxidation Catalyst Converter Market, 2016 – 2025, (K Units)
17. Global Catalytic Converter Market Value Share By Material, 2016 – 2025
18. Global Catalytic Converter Market Volume Share By Material, 2016 – 2025
19. Global Rhodium Catalytic Converter Market, 2016 – 2025, (USD Million)
20. Global Rhodium Catalytic Converter Market, 2016 – 2025, (K Units)
21. Global Platinum Catalytic Converter Market, 2016 – 2025, (USD Million)
22. Global Platinum Catalytic Converter Market, 2016 – 2025, (K Units)
23. Global Palladium Catalytic Converter Market, 2016 – 2025, (USD Million)
24. Global Palladium Catalytic Converter Market, 2016 – 2025, (K Units)
List of Tables
1. Catalytic Converter market: Market Snapshot
2. Drivers of Global Catalytic Converter market: Impact Analysis
3. Restraints of Global Catalytic Converter market: Impact Analysis
4. North America Catalytic Converter market Value, by Type, 2016 – 2025 (USD Million)
5. North America Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
6. North America Catalytic Converter market Value, by Material, 2016 – 2025 (USD Million)
7. North America Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
8. The U.S. Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
9. The U.S. Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
10. The U.S. Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
11. The U.S. Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
12. Rest of North America Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
13. Rest of North America Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
14. Rest of North America Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
15. Rest of North America Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
16. Europe Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
17. Europe Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
18. Europe Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
19. Europe Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
20. UK Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
21. UK Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
22. UK Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
23. UK Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
24. France Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
25. France Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
26. France Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
27. France Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
28. Germany Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
29. Germany Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
30. Germany Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
31. Germany Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
32. Rest of Europe Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
33. Rest of Europe Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
34. Rest of Europe Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
35. Rest of Europe Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
36. Asia Pacific Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
37. Asia Pacific Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
38. Asia Pacific Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
39. Asia Pacific Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
40. China Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
41. China Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
42. China Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
43. China Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
44. Japan Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
45. Japan Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
46. Japan Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
47. Japan Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
48. India Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
49. India Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
50. India Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
51. India Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
52. Rest of Asia Pacific Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
53. Rest of Asia Pacific Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
54. Rest of Asia Pacific Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
55. Rest of Asia Pacific Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
56. Latin America Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
57. Latin America Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
58. Latin America Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
59. Latin America Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
60. Brazil Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
61. Brazil Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
62. Brazil Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
63. Brazil Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
64. Rest of Latin America Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
65. Rest of Latin America Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
66. Rest of Latin America Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
67. Rest of Latin America Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
68. The Middle East and Africa Catalytic Converter Market Value, by Type, 2016 – 2025 (USD Million)
69. The Middle East and Africa Catalytic Converter Market Volume, by Type, 2016 – 2025 (K Units)
70. The Middle East and Africa Catalytic Converter Market Value, by Material, 2016 – 2025 (USD Million)
71. The Middle East and Africa Catalytic Converter Market Volume, by Material, 2016 – 2025 (K Units)
A catalytic converter is an emission control device that helps in reducing emissions caused by fuel combustion within automobiles. Catalytic converter assists in removing toxic compounds including carbon monoxide, nitrogen oxide, and hydrocarbon from the vehicles exhaust system.
Stringent fuel efficiency and emission regulations globally to influence the demand for catalytic converters are expected to drive the global catalytic converter market. Moreover, the increasing vehicle sales and production are likely to further fuel this market’s growth. However, the rising demand for electric vehicles might impede the catalytic converter market on a global scale in the long run. Nevertheless, nanoparticles for catalytic reduction and forthcoming emission regulations and developing automotive industry in South Asia are likely to offer new growth opportunities in the global catalytic converter market in the years to come.
The global catalytic converter market is segmented based on product and material. By product type, the global catalytic converter market includes three-way oxidation-reduction, two-way oxidation, and diesel oxidation catalyst. The two-way oxidation segment is anticipated to dominate the global market in the upcoming years, owing to the rising product demand by the automobile sector. By material, the global the catalytic converter market is classified into rhodium, platinum, and palladium. Rhodium segment is projected to grow substantially in the future, owing to the increasing adoption of catalytic converters by the automotive sector.
By geography, the Asia Pacific catalytic converter market is projected to expand at a substantial rate over the forecast time period. This can be attributed to the rising per capita income, improved rural infrastructure, the rising vehicle production, and rapid demand for passenger cars from emerging economies. Evolving economies and the infrastructural development are driving the catalytic converters over the forecast time period. Europe is the second largest contributor in terms of volume and value of the global catalytic converter market, owing to the rising product demand from the automotive industry. North America is anticipated to show a moderate rate of growth in the catalytic converter market. The Middle East and Africa and Latin America are projected to show a sluggish rate of growth over the forecast time period due to low consumer spending.
Some key players of the global catalytic converter market are BASF Catalysts LLC., Jetex Exhausts Ltd., Futaba Corporation, Tenneco Inc., Eberspaecher GmbH Holding & Co., Calsonic Kansei Corporation, HJS Emission Technology GmbH & Co. KG., Faurecia SA, Clean Diesel Technologies Inc., Benteler International AG, Standard Motor Products Europe Ltd., and Magneti Marelli S.P.A.
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