Global Automotive Selective Catalytic Reduction (SCR) System Market Growth 2023-2029

Global Automotive Selective Catalytic Reduction (SCR) System Market Growth 2023-2029

Selective catalytic reduction (SCR) is an advanced active emission control technology system that converts nitrogen oxides (NOx) into nitrogen, tiny amounts of carbon dioxide, and water. The system uses diesel exhaust fluid (DEF), which is a liquid reductant agent that is injected into the exhaust stream of a diesel engine.

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

This Insight Report provides a comprehensive analysis of the global Automotive Selective Catalytic Reduction (SCR) System 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 Automotive Selective Catalytic Reduction (SCR) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Selective Catalytic Reduction (SCR) System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Selective Catalytic Reduction (SCR) System 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 Automotive Selective Catalytic Reduction (SCR) System.

The global Automotive Selective Catalytic Reduction (SCR) System market size is projected to grow from US$ 5561.5 million in 2022 to US$ 9809.2 million in 2029; it is expected to grow at a CAGR of 9809.2 from 2023 to 2029.

Based on the catalyst type, the automotive SCR system market is segmented as Copper Zeolite, Iron Zeolite, and Others (platinum, palladium, rhodium, etc.). Copper Zeolite is expected to remain the most dominant catalyst type in the global automotive SCR system market during the forecast period, owing to its better ammonia storage capabilities.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Selective Catalytic Reduction (SCR) System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Copper Zeolite
Iron Zeolite
Others

Segmentation by application
Passenger Car
Commercial Vehicle

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.
Faurecia SA
Friedrich Boysen GmbH & Co., KG
J. Eberspaecher GmbH
Kautex Textron GmbH & Co., KG.
Plastic Omnium SA
Rochling Group
Tenneco Inc.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Selective Catalytic Reduction (SCR) System market?

What factors are driving Automotive Selective Catalytic Reduction (SCR) System market growth, globally and by region?

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

How do Automotive Selective Catalytic Reduction (SCR) System market opportunities vary by end market size?

How does Automotive Selective Catalytic Reduction (SCR) System 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.