Press release
Growth In Commercial Vehicle Segment Boosts Diesel Engine Catalyst Market Driver: Leading Transformation in the Diesel Engine Catalyst Market in 2025
Diesel Engine Catalyst
The expansion of the commercial vehicle segment is expected to propel the diesel engine catalyst market. Commercial vehicles are essential for transporting goods and passengers, and the sector is expanding due to factors such as economic growth, increased demand for freight, and the need for more efficient vehicles. Diesel engine catalysts reduce harmful emissions from commercial vehicles and help comply with environmental regulations. According to the European Automobile Manufacturers Association, new EU commercial van sales increased by 12.6% in Q1 2024. The growth of the commercial vehicle sector is driving the diesel engine catalyst market.
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How will the growth rate of the diesel engine catalyst market shape industry trends by 2034?
The diesel engine catalyst market size has shown strong growth in recent years. It will grow from $32.88 billion in 2024 to $35.63 billion in 2025, at a CAGR of 8.3%. The growth is attributed to rapid urbanization, industrial growth, expansion of the automotive industry, global trade, transportation growth, and increased consumer preference for environmentally friendly vehicles.
The diesel engine catalyst market is expected to reach $48.44 billion by 2029, with a CAGR of 8.0%. The growth is driven by stricter emissions regulations, rising awareness of air pollution, and the high demand for commercial vehicles. Trends include improvements in catalyst technologies, selective catalytic reduction (SCR), after-treatment systems, and enhanced fuel efficiency standards.
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What trends are poised to drive the future success of the diesel engine catalyst market?
Companies in the diesel engine catalyst market are focusing on developing products like NOx adsorbers to better meet customer needs. NOx adsorbers are used to reduce nitrogen oxide emissions in internal combustion engines. For instance, in June 2024, Veneporte, S.A. launched a new lean NOx trap product, an advanced exhaust gas purification system that significantly reduces harmful emissions from diesel engines, reinforcing the company's commitment to sustainability and innovation.
Which primary segments of the diesel engine catalyst market are driving growth and industry transformations?
The diesel engine catalyst market covered in this report is segmented -
1) By Component Type: Honeycomb Catalyst, Pellet Catalyst, Monolith Catalyst
2) By Technology: Diesel Oxidation Catalysts (DOC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Other Technologies
3) By Material Type: Platinum, Palladium, Rhodium
4) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
5) By Application: On-Road, Off-Road
Subsegments:
1) By Honeycomb Catalyst: Ceramic Honeycomb Catalyst, Metallic Honeycomb Catalyst
2) By Pellet Catalyst: Extruded Pellet Catalyst, Spherical Pellet Catalyst
3) By Monolith Catalyst: Metal Monolith Catalyst, Ceramic Monolith Catalyst
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Which geographical regions are pioneering growth in the diesel engine catalyst market?
Asia-Pacific was the largest region in the diesel engine catalyst market in 2023. The regions covered in the diesel engine catalyst market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the diesel engine catalyst market landscape?
Major companies operating in the diesel engine catalyst market are BASF SE, Continental AG, Cummins Inc., Faurecia SE, Johnson Matthey plc, Kubota Corporation, Tenneco Inc., Eberspacher Climate Control Systems, Umicore N.V., NGK Insulators Ltd., IBIDEN CO. LTD., Cataler Corporation, Bosal Nederland B.V., Perkins Engines Company Limited, Cormetech Inc., Nett Technologies Inc., Clean Diesel Technologies Advanced Materials Inc., DCL International Inc., CDTi Advanced Materials Inc., Haldor Topsoe Holding A/S, SANGO Co. Ltd
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What Is Covered In The Diesel Engine Catalyst Global Market Report?
•Market Size Forecast: Examine the diesel engine catalyst market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the diesel engine catalyst market for a structured understanding.
•Key Players Overview: Analyze major players in the diesel engine catalyst market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the diesel engine catalyst market.
•Segment Contributions: Evaluate how different segments drive overall growth in the diesel engine catalyst market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the diesel engine catalyst market.
•Industry Challenges: Identify potential risks and obstacles affecting the diesel engine catalyst market.
•Competitive Landscape: Review strategic developments in the diesel engine catalyst market, including expansions, agreements, and new product launches.
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