Global Auto Catalyst Market Growth 2023-2029

Global Auto Catalyst Market Growth 2023-2029

Autocatalysts help in converting harmful pollutants such as hydrocarbons, nitrogen oxides, carbon oxides, and other particulate matter into harmless gases such as carbon dioxide, nitrogen, and water. Therefore, the growing automobile sector and automobile aftermarket are expected to drive demand for autocatalysts across the world.

LPI (LP Information)' newest research report, the “Auto Catalyst Industry Forecast” looks at past sales and reviews total world Auto Catalyst sales in 2022, providing a comprehensive analysis by region and market sector of projected Auto Catalyst sales for 2023 through 2029. With Auto Catalyst sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Auto Catalyst industry.

This Insight Report provides a comprehensive analysis of the global Auto Catalyst landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Auto Catalyst portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Auto Catalyst market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Auto Catalyst and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Auto Catalyst.

The global Auto Catalyst market size is projected to grow from US$ 10620 million in 2022 to US$ 14160 million in 2029; it is expected to grow at a CAGR of 14160 from 2023 to 2029.

Countries such as China, Japan, Germany, and India, are witnessing significant demand for autocatalysts and offering the scope of growth for product market in these regions. Furthermore, the implementation of stringent regulations, especially in North America and Europe and the execution of new rules & regulations governing vehicle emissions in the emerging countries of Asia Pacific are some of the factors projected to augment autocatalyst market over the forecast period. The increase in per capita ownership of vehicles is another factor, which is expected to boost the demand for autocatalysts.

This report presents a comprehensive overview, market shares, and growth opportunities of Auto Catalyst market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Platinum Catalyst
Palladium Catalyst
Rhodium Catalyst
Other

Segmentation by application
Light Duty Vehicles (LDV)-Gasoline
Light Duty Vehicles (LDV)-Diesel
HDV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Johnson Matthey
DowDuPont
DSM
Umicore
Cataler
Clariant
Haldor Topsoe
Heraeus
LG Chemical
Toyobo
Mitsubishi
CDTI
Weifu Group
ETC Catalyst
Sino-Platinum
Chongqing Hiter
Sinocat
Shenxin High-Tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Auto Catalyst market?

What factors are driving Auto Catalyst market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Auto Catalyst market opportunities vary by end market size?

How does Auto Catalyst break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.