global automotive catalytic converter market 2015-2019
TRANSCRIPT
Covered in this Report• The global automotive catalytic converter market can be
segmented into five divisions on the basis of type: three-way catalysts (TWC), lean NOx catalysts (LNC), lean NOx trap (LNT), selective catalytic reduction (SCR), and diesel oxidation catalyst (DOC).
• In addition, the market can be segmented into three divisions on the basis of material: platinum, palladium, and others (such as rhodium and vanadium).
• Technavio's report, Global Automotive Catalytic Converter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
• The report covers APAC, the Americas, and EMEA; it also covers the global automotive catalytic converter market landscape and its growth prospects in the coming years.
• The report also includes a discussion of the key vendors operating in this market.
Global Automotive Catalytic Converter Market 2015-2019
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Market Overview• A catalytic converter is a device used to convert exhaust
emissions such as CO, HC, and NOx into less harmful emissions such as CO2, water, and N2.
• Precious metals such as platinum, palladium, rhodium, and vanadium are used as a catalyst coat on the ceramic beads in the catalytic converter for the conversion.
• The automotive catalytic converters are highly priced because of the expensive nature of the precious metals.
• To meet the growing need for fuel economy and to comply with the stringent emissions norms, manufacturers are developing more efficient automotive catalytic converters.
• Technavio's analysts forecast the global automotive catalytic converter market to grow at a CAGR of 6.94% over the period 2014-2019.
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Key Vendors and Regions
• Benteler International
• Eberspächer
• Faurecia
• Magneti Marelli
• Tenneco
• AP Exhaust Products
• BASF Catalysts
• Bosal International
View Our Report: Global Automotive Catalytic Converter Market 2015-2019
• Americas
• APAC
• EMEA
Vendors Regions
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Key Findings
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• Conventionally, two-way catalytic converters were used in vehicles.
• However, they are now considered obsolete except for their usage in hybrid vehicles.
• At present, TWC are used in all the automobiles manufactured, including hybrid vehicles.
• With the growing adoption of stringent emission norms and fuel efficiency standards, automotive catalytic converter manufacturers are designing and developing improved and innovative converters to meet the standards.
• As a result, the industry is now shifting their focus on developing four-way catalytic converters to reduce CO2 emissions.
Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Global Automotive Catalytic Converter Market 2015-2019
82 Pages | SKU: IRTNTR6111
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