Global Automotive Catalyst Market to grow at a CAGR of 3.47% during 2017-2021 | BASF, CATALER, Clariant, Johnson Matthey, Umicore

Automotive catalysts are materials that are used in automobiles to reduce the emission of harmful gases such as sulfur oxides, nitrogen oxides, and carbon monoxide into the environment. Platinum, palladium, and rhodium are widely used automotive catalysts. These are used in both light-duty vehicles (vehicle with weight less than 4,500 kg) and heavy-duty vehicles (vehicle with weight more than 4,500 kg).

The global automotive catalyst market to grow at a CAGR of 3.47% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global automotive catalyst market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Automotive Catalyst Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BASF
- CATALER
- Clariant
- Johnson Matthey
- Umicore

Other prominent vendors
- Clean Diesel Technologies
- Corning
- Cummins
- DCL International
- Faurecia
- Heraeus Holding
- IBIDEN
- N.E CHEMCAT
- Sinocat Environmental Technology
- Solvay
- Tenneco
- Wuxi Weifu International Trade

Market driver
- Rising demand for automotive catalysts due to environmental concerns
- For a full, detailed list, view our report

Market challenge
- Fluctuation in raw material prices
- For a full, detailed list, view our report

View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-automotive-catalyst-market-2017-2021-report.html/toc

Key questions answered in this report
- What will the market size be in 2021 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?

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