Asia-Pacific Automotive Exhaust Aftertreatment Systems Market 2021 SWOT Analysis and Key Business Strategies by Leading Players –Clean Diesel Technologies Inc., Continental AG, Delphi Technologies PL

Latest research on Asia-Pacific Automotive Exhaust Aftertreatment Systems Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Asia-Pacific Automotive Exhaust Aftertreatment Systems market. This report included a special section on the Impact of COVID19. Also, Asia-Pacific Automotive Exhaust Aftertreatment Systems Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Asia-Pacific Automotive Exhaust Aftertreatment Systems industry.

Asia-Pacific Automotive Exhaust Aftertreatment Systems market is growing at a CAGR of 9% during the forecast period (2021-2026).

The Asia-Pacific Automotive Exhaust Aftertreatment Systems market is highly competitive and consists of a number of major players. Top Companies like Clean Diesel Technologies Inc., Continental AG, Delphi Technologies PLC, Cummins, Harris Performance, Tenneco Inc, Donaldson Company, Bosal Group

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Industry News And Developments:

NORMA Group will develop urea transport systems and exhaust gas clamps with leading specialists in the exhaust after treatment solutions. These will help meet the stricter emission requirements of India’s Bharat Stage VI emissions standard from 2020. By 2024, some 250,000 vehicles per year will be equipped with NORMA Group products.

Scope of the Report

- The technological level for the Automotive Exhaust Aftertreatment Systems Market has evolved with modern engine design and active exhaust gas after-treatment systems. As a result of all this, there is a decrease in exhaust emissions from automobiles. Although, with continuous production in vehicle numbers and with car ownership reaching an all-time high, the challenges for scientists and engineers to develop further improved exhaust after treatment systems have been much focused and researched upon.

- Asia-Pacific dominated the automotive exhaust aftertreatment systems market in 2019, accounting for more than 35% of the market share. Even though the automobile production growth rate has plummeted over the last few years, but countries such as India, China, and the rest of South Asian nations have seen an upward growth rate. This is primarily because of its rise in population, improved opportunities, affordability, and higher GDP growth rate.

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Key Market Trends

Stringent Emission Regulations Driving the Market

When compared to gasoline, diesel engines operate with much higher efficiency and durability. However, diesel engines are also one of the largest contributors to harmful exhaust emissions causing environmental pollution.

Driven by growing concerns on deteriorating air quality, various policies have been imposed worldwide to reduce effects of diesel engine emissions on human health and environment. Measures are being taken across the globe to adopt and enforce tighter vehicular emission regulations. The main aim is to minimize unburned hydrocarbons, nitrogen oxides (NOx) and particulate matter (PM).

Japan and South Korea have advanced regulations which focus on limiting the pollutant. With improved technology and awareness, the intensity to limit global warming and reduce fossil fuel use in the transportation sectors on the rise. Several Asian nations have pledged to carbon dioxide emissions and impose Carbon tax criteria for greenhouse gases and pollutants emission automotive carmakers. This is leading to the rapid adoption of advanced after treatment technologies.

China Poised to be the fastest-growing market in Asia-Pacific Region

Although advanced diesel Aftertreatment-treatment devices have made a significant mark in the developed countries, other economies such as China have also become a lucrative opportunity for the carmaker of tomorrow.

One of the significant demands for the automotive exhaust system is the rise in air pollution globally. Moreover, China contributes to around 22% of the CO2 emission. When carbon doesn’t burn completely, vehicles emit carbon monoxide. Also, automotive exhaust comprises hydrocarbons, NOX, and other particulate matter.

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Asia-Pacific Automotive Exhaust Aftertreatment Systems Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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