Press release
Automotive Catalyst Market 2020 Industry Size, Cost Structure Analysis, Growth, Share and Opportunities and Forecast to 2026
Surge in automobile production along with emission control regulations by the government boost the automotive catalyst market. Furthermore, adoption of nanotechnology in catalytic converters supplement the market growth. The passenger car segment accounted for more than two-fifths of the total revenue in 2017 and will maintain its dominance by 2025.Get detailed COVID-19 impact analysis on the automotive catalyst: https://www.alliedmarketresearch.com/request-for-customization/5071?reqfor=covid
According to the report published by Allied Market Research, the global automotive catalyst market contributed $22.60 billion in 2017 and is estimated to garner $31.81 billion by 2025, growing at a CAGR of 4.2% from 2017 to 2025. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.
Adoption of nanotechnology in catalytic converters along with an increase in automobile production drives the global automotive catalyst market. Furthermore, emission control regulations issued by government supplement the market growth. Factors such as innovations in automotive catalyst and government initiatives for emission reduction in developing nations offer lucrative opportunities for market growth. However, the growing production of electric vehicles and the high cost of automotive catalyst restrict the market growth.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5071
Passenger car segment to maintain its dominance by 2025
Based on vehicle types, the passenger car segment accounted for more than two-fifths of the total revenue in 2017 and will maintain its dominance by 2025. However, the light commercial vehicle segment is expected to register the highest CAGR of 5.9% from 2017 to 2025. The report also analyzes other segments including heavy commercial vehicle and motorcycle.
Asia-Pacific region to maintain lead position by 2025
The Asia-Pacific region accounted for more than half of the market in terms of revenue in 2017 and is likely to maintain its revenue lead during the forecast period. However, the LAMEA region is expected to grow at the highest CAGR of 5.5% during the forecast period. The research also analyzes regions including Europe and North America.
Rhodium segment to grow at the highest CAGR
Among metal types, the Rhodium segment is expected to register the highest CAGR of 6% from 2017 to 2025. However, the other segment accounted for more than half of the total revenue in 2017 and will maintain its dominance by 2025. The research also analyzes other segments including Platinum and Palladium.
Request Sample PDF of Automotive Catalyst Market Report@ https://www.alliedmarketresearch.com/request-sample/5071
Gasoline segment to maintain its dominance by 2025
Among engine types, the gasoline segment accounted for more than five-sevenths of the total revenue in 2017 and will maintain its dominance by 2025. However, the diesel segment is expected to register the highest CAGR of 5.6% from 2017 to 2025.
Leading market players
The key market players explored in the automotive catalyst market research include Clariant, BASF SE, Klarius Products Ltd., Johnson Matthey, Ecocat India Pvt. Ltd., Umicore, Tenneco Inc., Eberspcher, CDTi Advanced Materials, Inc., Cummins Inc., and others. They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/5071
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Catalyst Market 2020 Industry Size, Cost Structure Analysis, Growth, Share and Opportunities and Forecast to 2026 here
News-ID: 2105852 • Views: …
More Releases from Allied Market Research
Glufosinate Market Growing at Exponential CAGR of 19.0% from 2019 to 2026
Allied Market Research recently published a report, titled, "Glufosinate Market by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, and Others), and Formulation Type (Aqueous Suspension, Liquid, Suspension Concentrate, Soluble (Liquid) Concentrate, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026".
Glufosinate Market Growth Statistics:
According to the report, the global glufosinate industry was pegged at $544.8 billion in 2018 and is projected to reach…
Smart Grid Market Reach USD 169.18 Billion by 2025, Key Factors Behind Market's …
According to the report published by Allied Market Research, The Smart Grid Market Reach USD 169.18 Billion by 2025, Key Factors Behind Market's Growth. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
Increase…
IoT Security Market Reach USD 73.92 Billion by 2026, Key Factors behind Market's …
According to the report published by Allied Market Research, The IoT Security Market Reach USD 73.92 Billion by 2026, Key Factors behind Market's Growth. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
Increase…
Web Analytics Market Reach USD 10.73 Billion by 2026, Key Factors behind Market' …
Allied Market Research published a new report, titled, " The Web Analytics Market Reach USD 10.73 Billion by 2026, Key Factors behind Market's Growth." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
