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Automotive Catalyst Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like BASF,Johnson Matthey,Umicore,Inc.
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Automotive catalysts typically consist of a coating of PGMs on a substrate. The earlier oxidation catalysts used only platinum and palladium, but the newer three-way catalysts use various combinations of platinum, palladium and rhodium. The surface of automotive catalysts is very large and the average internal surface area in carious catalyst convertor is equal to the size of three football fields.
In the last several years, the automotive catalysts industry got a large development due to the stricter automotive emission standard. In 2015, the global capacity of automotive catalyst is about 220 million liters and the actual production is expected to be 187 million liters.
Europe is still the largest supplier with top 3 manufacturers set headquarters there and the largest consumption market with a large vehicle population. China is followed, with fast developed automotive industry. Though USA also has a large vehicle population, the consumption is not much as Europe, due to the large share of low duty vehicles.
The global Automotive Catalyst market is valued at 14300 million US$ in 2018 is expected to reach 22800 million US$ by the end of 2025, growing at a CAGR of 6.9% during 2019-2025.
Market Segment by Manufacturers, this report covers
BASF
Johnson Matthey
Umicore
Cataler
Haldor Topsoe
Heraeus
CDTI
Weifu Group
Sino-Platinum
Chongqing Hiter
Sinocat
Market Segment by Type, covers
Two Way Catalyst
Three Way Catalyst
Market Segment by Applications, can be divided into
Passenger Vehicle
Commercial Vehicle
Motorcycle
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Related Information:
North America Automotive Catalyst Market Growth 2019-2024
United States Automotive Catalyst Market Growth 2019-2024
Asia-Pacific Automotive Catalyst Market Growth 2019-2024
Europe Automotive Catalyst Market Growth 2019-2024
EMEA Automotive Catalyst Market Growth 2019-2024
Global Automotive Catalyst Market Growth 2019-2024
China Automotive Catalyst Market Growth 2019-2024
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