Global Automotive Selective Catalytic Reduction (SCR) Market Competitive Landscape, Growth Factors, Revenue Analysis by 2028

The global automotive selective catalytic reduction (SCR) market is expected to grow at a CAGR of 8.5% during the forecast period (2022-2028). In the past few years, vehicle norms tightened around fuel-consuming vehicles such as gasoline, and diesel. Such norms caused the innovation of SCR units for diluting the NOx emission. To reduce emissions, existing vehicles can be fitted with devices, normally referred to as retrofitting. Diesel particulate filters can be fitted to reduce selective catalytic reduction and particle emissions for NOx emissions.

The Environmental Protection Agency (EPA) is adopting minimum maintenance intervals for replenishment of consumable chemical reductant (commonly known as diesel exhaust fluid, or DEF) in connection with the use of selective catalytic reduction (SCR) technologies. Second, EPA is adopting provisions allowing manufacturers of nonroad engines to offer operators the means to obtain short-term relief from emission controls while operating in emergency situations, such as those where the operation of a nonroad engine or equipment is needed to protect human life, and where obtaining short-term relief from emission controls enables such operation.
Additionally, several low emission zones have an emissions standard set. For instance, the particulate aspect of Euro 3. This can support existing vehicles to fit diesel particulate filter to reduce the particulate emissions to meet the emissions standards. reduce emissions of oxides of nitrogen (NOx) by up to 70%. SCR is fitted together with a diesel particulate filter (DPF) and is being used extensively in UK to improve bus emissions. Both DPFs and SCR are required to be retrofitted to support older heavy-duty vehicles to go into the low emission zones (LEZs) in Sweden. Therefore, such kinds of stringent regulations are driving the demand for selective catalytic reduction in vehicles.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Vehicle Type
o By Component

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- BASF SE, Faurecia Automotive GmbH, Continental AG, Robert Bosch GmbH, and Tenneco Inc.

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Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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Global Automotive Selective Catalytic Reduction (SCR) Market Report Segment

By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle

By Component
• Urea Tank
• Urea Pump
• Injector
• Electronic Control Unit

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This release was published on openPR.