Press release
Automotive Catalyst Market Share, Size, Top Companies, Trends, Growth Factors Details for New Business Opportunities and Investment by 2025
Automotive Catalyst Market
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ - https://www.alliedmarketresearch.com/request-sample/5071
Proactive measures by the government to control emissions and surge in production of automobiles drive the growth of the global automotive catalyst market. However, rise in penetration, and production of electric vehicles coupled with high cost of platinum, palladium, rhodium, and other metals used as automotive catalysts are expected to hamper the market growth. Moreover, initiatives by the governments of various countries to control pollution levels and bring innovation in emission control technologies for improving fuel efficiency are expected to provide lucrative opportunities for the automotive catalyst market.
Others segment (Pt-Pd, Pt-Rh, & Pd-Rh) to dominate, Rhodium segment to exhibit the fastest growth through 2025
Among metal types, the others segment, which comprises Pt-Pd, Pt-Rh, and Pd-Rh, captured 52% of the total market share in 2017 and is expected to maintain its dominance during the study period. This is due to the growing adoption of precious metal mixtures such as Pd-Pt, Pd-Rh, Pt-Rh, and others in automotive catalysts, which enables manufacturers to use these metals efficiently. However, the rhodium segment would grow at the fastest CAGR of 6.0% through 2025 because of its greater ability to reduce high nitric oxide (NO) compared to other metals. The report also analyzes other metals such as platinum and palladium.
Gasoline segment to hold the largest share, diesel segment to grow rapidly through 2025
The gasoline segment dominated the global market in 2017, capturing about 71% of the total market share. This segment is expected to continue its dominance during the forecast period, as the adoption of gasoline-powered passenger cars and light commercial vehicles is high in developed countries. On the other hand, the diesel segment would witness the fastest CAGR of 5.6% through 2025, owing to government initiatives to promote the use of diesel-powered public transport vehicles.
๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ฒ๐ฑ ๐๐ผ ๐ฃ๐ฟ๐ผ๐ฐ๐๐ฟ๐ฒ ๐๐ต๐ฒ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐? ๐๐ป๐พ๐๐ถ๐ฟ๐ฒ ๐๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐๐๐ถ๐ป๐ด -
https://www.alliedmarketresearch.com/purchase-enquiry/5071
Asia-Pacific to be the largest contributor, LAMEA to grow the fastest by 2025
In 2017, Asia-Pacific accounted for 51% share of the total revenue and is expected to maintain its lion's share through the forecast period. This is attributed to factors such as growing population and increasing demand for automobiles in the region. However, Latin America, Middle East and Africa (LAMEA) would exhibit the fastest CAGR of 5.5% through 2025 on account of continuous developments, advancements in technology, and supportive government policies for emission control in the region. The other regions analyzed in the report are Europe and North America.
Industry Frontrunners
The leading companies analyzed in the report include BASF SE, Johnson Matthey, Umicore, Tenneco Inc., CDTi Advanced Materials, Inc., Cummins Inc., Eberspรคcher, Ecocat India Pvt. Ltd., Klarius Products Ltd., Clariant, and others.
Light commercial vehicles segment to grow the fastest through 2025
Among vehicle types, the passenger car segment held the largest share of 42% in 2017 and is expected to dominate the market through 2025. This is attributed to the surge in adoption of passenger cars due to infrastructural developments. However, the light commercial vehicle segment would exhibit the fastest growth of 5.9% CAGR during the study period due to rapid developments in the underdeveloped regions, which require better transportation infrastructure. The other vehicle types analyzed the report are heavy commercial vehicles and motorcycles.
๐ฃ๐ฟ๐ผ๐ฐ๐๐ฟ๐ฒ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ (263 ๐ฃ๐ฎ๐ด๐ฒ๐ ๐ฃ๐๐ ๐๐ถ๐๐ต ๐๐ป๐๐ถ๐ด๐ต๐๐, ๐๐ต๐ฎ๐ฟ๐๐, ๐ง๐ฎ๐ฏ๐น๐ฒ๐, ๐๐ถ๐ด๐๐ฟ๐ฒ๐) ๐ฎ๐: https://www.alliedmarketresearch.com/automotive-catalyst-market/purchase-options
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Share, Size, Top Companies, Trends, Growth Factors Details for New Business Opportunities and Investment by 2025 here
News-ID: 2984785 • Views: โฆ
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collectโฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโฆ
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, โฆ
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metalโฆ
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear โฆ
Saudi Arabiaโs automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence ofโฆ
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu โฆ
Automotive fuel injectors marketย is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that theย salesย of automotive fuel injectors areย expectedโฆ
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo โฆ
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the globalโฆ
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del โฆ
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Informationโฆ
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, โฆ
Accord Market, recently published a detailed market research study focused on the โAutomotive Body Welded Assembly Marketโ across the global, regional and country level. The report provides 360ยฐ analysis of โAutomotive Body Welded Assembly Marketโ from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend ofโฆ
