Global Catalytic Converter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Catalytic Converter market size was valued at USD 53300 million in 2023 and is forecast to a readjusted size of USD 81310 million by 2030 with a CAGR of 6.2% during review period.
A catalytic converter is an exhaust emission control device that converts toxic gases and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalyzing a redox reaction (an oxidation and a reduction reaction).
China region is the largest supplier of automotive catalytic converters, with a production market share nearly 29% in 2017. Europe is the second largest supplier of automotive catalytic converters, enjoying production market share nearly 26% in 2017.
The Global Info Research report includes an overview of the development of the Catalytic Converter industry chain, the market status of Passenger Vehicle (Two-Way Converters, Three-Way Converters), Commercial Vehicle (Two-Way Converters, Three-Way Converters), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Catalytic Converter.
Regionally, the report analyzes the Catalytic Converter markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Catalytic Converter market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Catalytic Converter market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Catalytic Converter industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Two-Way Converters, Three-Way Converters).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Catalytic Converter market.
Regional Analysis: The report involves examining the Catalytic Converter market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Catalytic Converter market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Catalytic Converter:
Company Analysis: Report covers individual Catalytic Converter manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Catalytic Converter This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicle, Commercial Vehicle).
Technology Analysis: Report covers specific technologies relevant to Catalytic Converter. It assesses the current state, advancements, and potential future developments in Catalytic Converter areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Catalytic Converter market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Catalytic Converter market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Two-Way Converters
Three-Way Converters
Other
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Major players covered
Faurecia
Sango
Eberspacher
Katcon
Tenneco
Boysen
Sejong
Calsonic Kansei
Bosal
Yutaka
Magneti Marelli
Weifu Lida
Chongqing Hiter
Futaba
Liuzhou Lihe
Brillient Tiger
Tianjin Catarc
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Catalytic Converter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Catalytic Converter, with price, sales, revenue and global market share of Catalytic Converter from 2019 to 2024.
Chapter 3, the Catalytic Converter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Catalytic Converter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Catalytic Converter market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Catalytic Converter.
Chapter 14 and 15, to describe Catalytic Converter sales channel, distributors, customers, research findings and conclusion.