Automotive Exhaust Emission Control Device Industry To Be At Forefront By 2028

Automotive Exhaust Emission Control Device Industry to be at Forefront by 2028 due to the growing popularity of electric vehicles
Exhaust emission control devices are installed in exhaust pipes of vehicles to reduce the emission of hazardous pollutants, such as carbon monoxide, hydrocarbons, and nitrogen oxides. Catalytic converters and particulate filters that convert and trap pollutants, and reduce their effect on the environment.
Implementation of emission standards by governments to address climate change and pollution is propelling market growth.

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According to the vehicle type, the passenger vehicle segment is expected to grow significantly during the forecast period. This is due to the increase in the production of passenger vehicles in many regions, owing to the increase in disposable income. According to the International Organization of Motor Vehicle Manufacturers, the number of passenger cars sold increased from 49.65 million in 2009 to 70.85 million in 2017 and is expected to grow further.
Based on engine type, the gasoline segment is expected to account for the highest share of the automotive exhaust emission control device market.

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Market Segmentation:

By Type:

• Gasoline Particulate Filter (GPF)
• Selective Catalytic Reduction (SCR)
• Lean Nox Trap (LNT)
• Diesel Oxidation Catalyst (DOC)
• Diesel Particulate Filter (DPF)
• Three-Way Catalytic Converter (TWC)

By Vehicle Type:

• Passenger
• Commercial
• Electric
• Construction
• Farm Tractors
• Others

By Material:

• Palladium
• Rhodium
• Platinum

By Engine Type:

• Gasoline
• Diesel
• Hybrid

This report provides a detailed understanding of the global automotive exhaust emission control device market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

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Companies Covered: 

• Johnson Matthey
• Tenneco Inc.
• General Motors
• Katcon
• Bosch Rexroth
• Denso Corporation
• Eberspacher Climate Control Systems GmbH & Co.
• Tata Motors
• Toyota Motor Corporation
• Jetex Exhaust Ltd.
• Continental Emitec GmbH
• Corning Incorporated

This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.

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About Quince Market Insights:

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

This release was published on openPR.