Automotive Catalyst Market Top Key Players – BASF, Umicore, Johnson Matthey, Cataler Corporation, Tenneco, Faurecia, Bosal, Interkat, Harbin Emissary Green Automobile Exhaust Systems, Chongqing Height Environment Group, Sango Co Ltd, Yutuka Giken

There are constant manufacturers to develop an alternative material to reduce the cost of catalytic production. At the moment there are 3 times more demand for palladium as a platinum in the automotive industry. In order to balance the structural deficit in the palladium market Platin's, it is used to develop these catalysts.

BASF recently developed automotive catalyst market, replacing palladium high priced through favorable platinum. This catalyst is made extensive for gasoline vehicles.

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AUTOMOTIVE CATALYST MARKET DYNAMICS

• Increasing the sale of the catalyst method in 2020 was primarily due to higher precious metal prices. The Catalyst segment of the BASF-CATALYS segment made a 16th place in 2020, about 44% elevated YOY.
• The FWC + catalyst technology of BASF (four-way) was introduced in 2019 first in the Chinese passenger market before being introduced in 2020 in Europe. It is estimated that the potential of the potential of annual turnover of more than EUR 20 million has 2022 continues.

• After the first half of 2020, Johnson Matthey's Global LDV (Lichtsteuer vehicle) decreased the catalyst sales by 23%, substantially completed by Europe and America based on CUDEND19 and the associated customer assurance. Sales of Asia except China, continued flat and in China, continued sales and the government was also supported by the government.

• The HDD catalyst sales of Johnson Matthey (High Performance Diesel) fell by 33%. However, in China and India, as a result of attractions, benefited from a significant cancellation per truck. The America region as the company's largest HDD market issued a decline in sales of 48% YOY.

AUTOMOTIVE CATALYST MARKET SEGMENTATION

By Metal Type
• Palladium
• Platinum
• Rhodium

By Technology
• Diesel Oxidation Catalyst (DOC)
• NOx Catalyst
• Selective Catalytic Reduction Catalyst
• Ammonia Slip Catalyst
• Two Way Catalyst
• Three Way Catalyst
• Four Way Catalyst
• Others

By Type of Engine
• Gasoline
• Diesel
• Hybrid

By Vehicle Type
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Two Wheelers

By Geography
• US
• Europe
• China
• India
• ROW

RECENT MARKET TREND

• Bosal was proposed by AGCO for the production of a new Tier4 Tractor Mission Control system. After focusing on the passenger segment, Bosal will open up new production facility in the agricultural market segment

• Bosal invest and R & D center in Shanghai, China, it will be a contract for its OE customers Geely, based on the Volvo XC40 model support. The first equipment of the R & D center on the same site is installed, this activity will be fully in 2022. The system generates emission control systems for car cars.

• BASF A new innovation in its selective hydrogenation catalyst market through the development of the development of new palladium alumina catalysts, this series PD brought to spherical E15X catalysts replaces the E14x series PD alumina on the market used catalysts for more than 30 years with selective hydrogenation applications

• If the Fimmune ™ FCC catalyst is the latest complement to the refining catalyst portfolio. It is based on the BASFS technology with several frame topologies.

COMPETITIVE LANDSCAPE

The leading catalytic converter manufacturers are BASF (Germany), Umicore (Belgium), Johnson Mathey (UK), Faurecia (France) and Tenneco (US). Some of the Japanese manufacturers are Cataler Corporation, Sango Co Ltd and Yutuka Giken.

COMPANY PROFILE
• BASF
• Umicore
• Johnson Matthey
• Cataler Corporation
• Tenneco
• Faurecia
• Bosal
• Interkat
• Harbin Emissary Green Automobile Exhaust Systems
• Chongqing Height Environment Group
• Sango Co Ltd
• Yutuka Giken

Read More Information: https://mobilityforesights.com/product/automotive-catalyst-market/

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This release was published on openPR.