Press release
Catalytic Converter Market 2017 Segmented by Type, By Application, End Users and Region- Market Overview, Analysis & Forecast to 2023
Market Research Future published a research report on “Global Catalytic Converter Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Global Catalytic Converter Market Information Report, By Product (Two-Way Catalytic Converter, Three-Way Catalytic Converter, Diesel Oxidation Catalyst, Others), By Material (Platinum, Palladium, Rhodium, Others), By Application (Entry-Level Segment, Mid-Size Segment, Full-Size Segment) and By Region - Forecast to 2023
Market Highlights
Catalytic converter market is majorly driven by the boom in the automotive industry, especially in countries such as U.S., China, India and Japan. The growth of the catalytic converter market can be further attributed to the introduction of stringent emission norms by various governments and regulatory authorities, worldwide. However, the growth is expected to be restrained by the increasing adoption of electric vehicles.
The catalytic converter market is expected to grow over the CAGR of around 7.5% during the period 2017 to 2023.
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Market Research Analysis
The Europe region is dominating the catalytic converter market due to the presence of the major automobile manufacturers in the region. Various European standards such as Euro V and Euro VI have made the installation of catalytic converters necessary, thereby driving the growth of the market. Asia-Pacific is expected to grow rapidly in the catalytic converter market, owing to the establishment of manufacturing facilities by various global automobile manufacturers here. Manufacturers are setting up their production units here owing to the low cost of production, availability of cheap labor and the government initiatives for promoting foreign direct investment in the region.
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Intended Audience:
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
Key Players
The key players of catalytic converter market are Faurecia SA (France), Benteler International AG (Germany),Eberspächer Group (Germany), Calsonic Kansei Corporation (Japan), Yutaka Giken Company Limited (Japan), Tenneco, Inc. (U.S.), Futaba Industrial Co., Ltd. (Japan), Sango Co., Ltd (Japan), Magneti Marelli S.p.A (Italy), Bosal International N.V. (Belgium) and others.
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Scope of the Report
This study provides an overview of the global catalytic converter market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Catalytic converter Market by its product, material, application and region.
By Product
• Two-way catalytic converter
• Three-way catalytic converter
• Diesel oxidation catalyst
• Others
By material
• Platinum
• Palladium
• Rhodium
• Others
By Application
• Entry-level segment
• Mid-size segment
• Full-size segment
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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