Market Research Future published a half cooked research report on global catalytic converter market. The Catalytic Converter Market is expected to grow over the CAGR of around 7.5 % during the period 2017 to 2023.
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.
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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.
Key Players of Catalytic Converter Market:
- 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)
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.
- Two-way catalytic converter
- Three-way catalytic converter
- Diesel oxidation catalyst
- Entry-level segment
- Mid-size segment
- Full-size segment
- North America
- Asia Pacific
- Rest of the World
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Catalytic Converter Market, By Product
4.2 Two-Way Catalytic Converter
4.3 Three-Way Catalytic Converter
4.4 Diesel Oxidation Catalyst
5 Global Catalytic Converter market, By Material
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