Press release
2022 Catalytic Converter Market Size, Share, Growth | Key Players - Benteler International AG, Calsonic Kansei Corporation, CDTi Advanced Materials Inc.
Catalytic Converter Market
The regions covered in the catalytic converter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest catalytic converter market share.
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The catalytic converter market consists of sales of catalytic converter products and related services by entities (organizations, partnerships, and sole proprietors) that are devices used to convert toxic gases into less toxic byproducts. It is helpful in lowering environmental pollution when a catalytic converter contains a chamber known as a catalyst to transform harmful compounds from an exhaust system into harmless gases such as water vapour and carbon dioxide. A catalytic converter is an important mechanical device attached to the exhaust system of all internal combustion engines to minimise the emissions of toxic gases such as carbon monoxide, nitrogen oxides, and hydrocarbons, which mainly use gasoline or diesel for internal combustion.
Key competitors in the catalytic converter market includeBenteler International AG, Calsonic Kansei Corporation, CDTi Advanced Materials Inc., Continental, Eberspacher Group, Faurecia PVT. LTD., Futaba Industrial Co. Ltd., Johnson Matthey, Magneti Marelli S.P.A., Tenneco Inc., Umicore, BASF Catalysts LLC., BAEF (Germany), Bosal International NV, BSF, Sango Co. Ltd., and Yutaka Gi
The global catalytic converter market size is expected to grow from $49.21 billion in 2021 to $53.75 billion in 2022 at a compound annual growth rate (CAGR) of 9.21%. The global catalytic converters market size is expected to grow to $76.68 billion in 2026 at a CAGR of 9.29%.
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TBRC's report segments the global catalytic converter market:
1) By Type: Three-Way Catalytic Converter (TWCC), Four-Way Catalytic Converter (FWCC), Diesel Oxidation Catalyst (DOC), Selective Catalytic Reduction (SCR), Lean NOx Trap (LNT)
2) By Material: Palladium, Platinum, Rhodium
3) By Vehicle Type: Passenger Car, Light Commercial Vehicle, Truck, Bus
4) By Off-Highway Vehicle Type: Agricultural Tractors, Construction Equipment, Mining Equipment
Read further on the catalytic converter market here:
https://www.thebusinessresearchcompany.com/report/catalytic-converter-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Catalytic Converter Market Characteristics
3. Catalytic Converter Market Trends And Strategies
4. Impact Of COVID-19 On Catalytic Converter Market
5. Catalytic Converter Market Size And Growth
.....
26. Africa Catalytic Converter Market
27. Catalytic Converter Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Catalytic Converter Market
29. Catalytic Converter Market Future Outlook And Potential Analysis
30. Appendix
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