Automotive Catalyst Market to Grow at 5.5% CAGR Through 2031, Driven by Emission Norms | Tenneco Inc, Johnson Matthey, Klarius Products Ltd, Clariant, Eberspächer, Umicore, Cummins Inc

Automobile Catalyst market is estimated to grow at a CAGR of 5.5% during the forecast period 2024-2031.

The Automotive Catalyst Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

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Mergers & Acquisitions Involving Catalyst-related Assets:

✅ Honeywell acquires Johnson Matthey's Catalyst Technologies unit
In May 2025, Honeywell agreed to purchase Johnson Matthey's (JM) Catalyst Technologies division for £1.8 billion in cash, with plans to return £1.4 billion to shareholders.

✅ American Axle & Manufacturing buys Dowlais (GKN Automotive)
In January 2025, American Axle & Manufacturing completed a £1.2 billion acquisition of British car-parts firm Dowlais, the parent of GKN Automotive, in order to strengthen its global manufacturing footprint amid the shift to electrified mobility.

Product Innovations & Sustainability Advances (2025)

✅ BASF's VerdiumTM: Recycled PGM for Carbon Reduction:
While launched in December 2023, BASF Environmental Catalyst & Metal Solutions continued to push the envelope in 2025 with VerdiumTM, a certified mass-balance-based recycled platinum group metal (PGM) offering. It enables carbon reduction verification: 1 kg of Verdium saves over 30 metric tons of CO2 (up to 97% less than mined materials). It's validated by UL Solutions for chain-of-custody integrity and Scope 3 emissions tracking.

Key Market Drivers:

✅ Stringent Emission Regulations

Governments across the globe are mandating reduced emission levels to combat air pollution. The enforcement of Euro 6/7 standards, Bharat Stage VI norms, and U.S. Tier 3 regulations are compelling manufacturers to integrate advanced catalytic converters.

✅ Rising Vehicle Production and Sales

Growing demand for passenger cars, commercial vehicles, and two-wheelers in emerging economies is directly boosting the need for catalytic systems.

✅ Technological Advancements in Catalysts

Innovations in catalyst materials, such as platinum, palladium, and rhodium, are enhancing conversion efficiency while reducing reliance on costly precious metals.

✅ Shift Toward Hybrid and Plug-in Hybrid Vehicles

While full-electric vehicles bypass the need for catalysts, hybrid vehicles still depend on advanced catalytic systems. The global push toward hybrid adoption sustains demand for emission control solutions.

✅ Environmental Concerns and Urban Air Quality

Increasing awareness of air pollution and its health impacts is fueling demand for advanced emission control devices, encouraging automakers to invest in efficient catalyst technologies.

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Market Geographical Share:

➠ Asia-Pacific holds the largest share of the automotive catalyst market, with countries like China, India, Japan, and South Korea being major contributors. Rapid urbanization, increasing vehicle production, and stringent government regulations on vehicular emissions are driving demand. China's push for greener transportation and India's implementation of Bharat Stage VI standards are further accelerating market adoption.

➠ Europe is a leading region owing to the presence of established automotive manufacturers and strong regulatory frameworks such as the Euro 6/7 emission standards. The region has been an early adopter of advanced catalytic technologies, supported by the growing transition toward hybrid and electric vehicles with efficient emission control systems for combustion engines.

➠ North America shows steady growth, primarily led by the U.S. Environmental Protection Agency's (EPA) strict emission norms and the Corporate Average Fuel Economy (CAFE) standards. Increasing demand for SUVs and light trucks is boosting the installation of catalytic converters in both passenger and commercial vehicles.

Strategic Players Driving the Automotive Catalyst Market: BASF SE, CDTi Advanced Materials, Inc, Ecocat India Pvt. Ltd, Tenneco Inc, Johnson Matthey, Klarius Products Ltd, Clariant, Eberspächer, Umicore, Cummins Inc.

Research Methodology:

The global Automotive Catalyst Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.

Segment Covered in the Automotive Catalyst Market:

By Engine Type (Diesel, Gasoline)

By Vehicle Type (Passenger Vehicle, Commercial Vehicle, Light & Medium Commercial Vehicle, Heavy Commercial Vehicle)

By Metal Type (Rhodium, Platinum, Palladium)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

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Regional Analysis for Automotive Catalyst Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Automotive Catalyst Market Research Industry:

➠ Who leads the Automotive Catalyst industry and what's their competitive positioning regarding capacity, performance, and profitability?

➠ What growth opportunities and market challenges do Automotive Catalyst market vendors face?

➠ Which segments show the highest growth potential and market share distribution?

➠ What factors are driving or limiting Automotive Catalyst market growth?

➠ What are the dominant sales and distribution strategies in the Automotive Catalyst industry?

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