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Demand for Automotive Exhaust Emission Control Devices Surges as Pollution Control becomes Need of the Hour
"The Latest Research Report " Demand for Automotive Exhaust Emission Control Devices Surges as Pollution Control becomes Need of the Hour" provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"MarketResearchReports.biz announced the addition of a new research report to its exhaustive repository. The research report, titled “Automotive Exhaust Emission Control Device Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026”, provides a comprehensive overview of strengths, weaknesses, opportunities, and threats impacting the market. The publication also includes an assessment of the historical achievements of the global automotive exhaust emission control devices market and current status of the market. It also includes comments by market experts that are aimed at helping the readers achieve a complete understanding of the market.
The ongoing pressure on governments across the globe to reduce carbon emissions has prompted the uptake of automotive exhaust emission control devices in the automotive sector. These are typically fitted in the exhaust pipes to reduce emission caused by pollutants such as hydrocarbons, carbon monoxide, and nitrogen oxides. Catalytic converters and particulate filters present in the automotive exhaust emission control devices convert and withhold the pollutants, thereby benefitting the environment. The rise in air pollution due to influx of vehicles in the cities and stringent emission norms are expected to propel the demand for automotive exhaust emission control devices.
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On the basis of device type, the global automotive exhaust emission control devices market is segmented into three way catalytic converter (TWC), diesel particulate filter (DPF), selective catalytic reduction (SCR), desel oxidation catalyst (DOC), lean NOx trap (LNT), and gasoline particulate filter (GPF). Out of these, the demand for diesel particulate filters (DPF) is expected to remain high throughout the forecast period. These will be used for diesel engines to reduce the emission of particulate matter by about 85%. The compulsion of DPF in developed regions of Europe and North America are expected to keep this segment at the forefront.
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On the basis of geography, the global automotive exhaust emission control device market is segmented into the Middle East and Africa, Asia Pacific, North America, Europe, and Latin America. Out of these, Asia Pacific is expected to assume lead in the coming few years as the automobile production continues to remain on the rise. Increasing investment in production of automobiles in developing nations of China and India are expected to boost the Asia Pacific automotive exhaust emission control device market.
Some of the leading players operating in the global automotive exhaust emission control device market are Yutaka Giken Company Limited, Faurecia, Johnson Matthey, DENSO Corporation, Eberspacher Climate Control Systems GmbH & Co., KG, Friedrich Boysen GmbH & Co. KG, Calsonic Kansei Corporation, SANGO Co., Ltd., Katcon, Bosal, Jetex Exhaust Ltd., and CDTi Advanced Materials, Inc. The research report has profiled these players and provided a detailed understanding of the competitive landscape present in the overall market. Financial outlooks, research and development activities, and winning strategies have been carefully studied in this research report about automotive exhaust emission control devices.
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