Two-Wheeler Catalytic Converter

Global Two-Wheeler Catalytic Converter Market to Reach 23.6 Million Units by 2030

The global market for Two-Wheeler Catalytic Converter estimated at 21.5 Million Units in the year 2024, is expected to reach 23.6 Million Units by 2030, growing at a CAGR of 1.5% over the analysis period 2024-2030. Entry-Level, one of the segments analyzed in the report, is expected to record a 1.5% CAGR and reach 22.4 Million Units by the end of the analysis period. Growth in the Mid-Size segment is estimated at 1.2% CAGR over the analysis period.

The U.S. Market is Estimated at 5.9 Million Units While China is Forecast to Grow at 2.2% CAGR

The Two-Wheeler Catalytic Converter market in the U.S. is estimated at 5.9 Million Units in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of 4.2 Million Units by the year 2030 trailing a CAGR of 2.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.3% and 1.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.

Global Two-Wheeler Catalytic Converter Market - Key Trends & Drivers Summarized

Why Are Two-Wheeler Catalytic Converters Essential?

Two-wheeler catalytic converters are critical components for reducing harmful emissions from motorcycles and scooters. They help convert toxic gases such as carbon monoxide, hydrocarbons, and nitrogen oxides into less harmful substances like carbon dioxide, water vapor, and nitrogen. The implementation of stringent emission regulations worldwide has made catalytic converters essential for ensuring that two-wheelers meet environmental standards. By significantly reducing the emission of pollutants, catalytic converters play a vital role in minimizing the environmental impact of two-wheelers and improving air quality, particularly in urban areas with high vehicle density.

What Technological Innovations Are Shaping Catalytic Converters?

Technological advancements have led to significant improvements in the design and efficiency of two-wheeler catalytic converters. Innovations in catalyst materials, such as the use of platinum, palladium, and rhodium, enhance the conversion efficiency and durability of catalytic converters. Advances in substrate technology, including the development of high-cell density ceramic and metallic substrates, improve the surface area available for catalytic reactions, resulting in better performance and lower emissions. The integration of advanced exhaust after-treatment systems, such as oxygen sensors and electronic control units, allows for precise control of the air-fuel mixture and optimal catalytic converter operation. These technological innovations ensure compliance with increasingly stringent emission standards and improve the overall efficiency of two-wheeler catalytic converters.

Why Is There an Increasing Demand Across Various Regions?

The demand for two-wheeler catalytic converters is rising across various regions due to the implementation of stringent emission regulations and the growing awareness of environmental issues. In developed regions, such as North America and Europe, strict emission standards and the increasing focus on reducing air pollution drive the demand for advanced catalytic converters. In emerging regions, such as Asia-Pacific and Latin America, rapid urbanization and the rising number of two-wheelers on the road necessitate the adoption of emission control technologies. Additionally, government initiatives aimed at promoting cleaner transportation and reducing the environmental impact of vehicles further boost the demand for catalytic converters. The growing consumer awareness of environmental sustainability also contributes to the market growth.

What Are the Key Growth Drivers in the Two-Wheeler Catalytic Converter Market?

The growth in the two-wheeler catalytic converter market is driven by several factors. The implementation of stringent emission regulations worldwide is a primary driver, compelling manufacturers to equip two-wheelers with advanced catalytic converters. Technological advancements that enhance the efficiency and durability of catalytic converters contribute significantly to market growth. The increasing focus on reducing air pollution and improving air quality, particularly in urban areas, drives the demand for emission control technologies. Government initiatives and incentives aimed at promoting cleaner transportation also boost market growth. Additionally, the rising consumer awareness of environmental sustainability and the demand for eco-friendly vehicles further propel the market. The expanding two-wheeler market, particularly in emerging regions, provides significant growth opportunities for catalytic converter manufacturers.

SCOPE OF STUDY:

The report analyzes the Two-Wheeler Catalytic Converter market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Application (Entry-Level, Mid-Size, Full-Size)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 46 Featured) -

• ACAT Global LLC
• BASF SE
• Bekaert Solaronics SA
• Belrise Industries Ltd.
• Cambustion Ltd.
• Cataler Corporation
• Emitec Technologies GmbH
• Honda Motor Co., Ltd.
• Munjal Auto Industries Ltd.
• Varroc Engineering Pvt., Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.