Automotive Exhaust Aftertreatment Systems Market | Trends, Growth & Future Outlook 2025 | Top key players - BASF SE, Continental AG, Cummins Inc.

The Global Automotive Exhaust Aftertreatment Systems Market reached US$ 21.93 billion in 2023 and is expected to reach US$ 27.72 billion by 2031, growing with a CAGR of 3.0% during the forecast period 2024-2031.

The Automotive Exhaust Aftertreatment Systems Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.

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The Automotive Exhaust Aftertreatment Systems Market encompasses technologies and devices designed to reduce harmful emissions from vehicle exhaust gases. These systems, including catalytic converters, diesel particulate filters, and selective catalytic reduction units, help meet stringent environmental regulations by controlling pollutants like nitrogen oxides, particulate matter, and hydrocarbons, thereby improving air quality and supporting sustainable automotive operations globally.

Major players in the Automotive Exhaust Aftertreatment Systems Market

The prominent players in Automotive Exhaust Aftertreatment Systems market research report are: BASF SE, Continental AG, Cummins Inc., Denso Corporation, Faurecia S.A., Friedrich Boysen GmbH & Co. KG, Johnson Matthey Plc, Plastic Omnium S.A., Robert Bosch GmbH and Tenneco Inc.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Key Development

In October 2023, Purem AAPICO, a joint venture between Eberspaecher and AAPICO Hitech, inaugurated a new production plant in Rayong, Thailand. The facility is dedicated to manufacturing exhaust systems for a major US automotive manufacturer's pick-up trucks. This is Purem AAPICO's second Asian production site, following its Rawang, Malaysia plant, which produces 400,000 exhaust components annually.

In May 2023, FORVIA Group's Faurecia signed a Share and Asset Purchase Agreement with Cummins to sell part of its commercial vehicle exhaust aftertreatment business in Europe and the US. Valued at EUR 142 million, this deal will strengthen Cummins' position in the exhaust aftertreatment market while enabling Faurecia to focus on other strategic priorities.

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Market Segments

By Component: Three-Way Catalytic Converters, Diesel Particulate Filters, Diesel Oxidation Catalysts, Selective Catalytic Reduction, Gasoline Particulate Filters, Lean NOx Traps, Others.

By Vehicle: Passenger Vehicles, Commercial Vehicles.

By Fuel: Diesel, Gasoline.

By Sales Channel: OEMs, Aftermarket.

The Automotive Exhaust Aftertreatment Systems industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Automotive Exhaust Aftertreatment Systems Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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