The multinational Automotive Catalyst market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Automotive catalysts typically consist of a coating of PGMs on a substrate. The earlier oxidation catalysts used only platinum and palladium, but the newer three-way catalysts use various combinations of platinum, palladium and rhodium. The surface of automotive catalysts is very large and the average internal surface area in carious catalyst convertor is equal to the size of three football fields
In the last several years, the automotive catalysts industry got a large development due to the stricter automotive emission standard. In 2015, the global capacity of automotive catalyst is about 220 million liters and the actual production is expected to be 187 million liters.
Europe is still the largest supplier with top 3 manufacturers set headquarters there and the largest consumption market with a large vehicle population. China is followed, with fast developed automotive industry. Though USA also has a large vehicle population, the consumption is not much as Europe, due to the large share of low duty vehicles.
In the global Automotive Catalyst market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
BASF
Johnson Matthey
Umicore
Cataler
Haldor Topsoe
Heraeus
CDTI
Weifu Group
Sino-Platinum
Chongqing Hiter
Sinocat
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Two Way Catalyst
Three Way Catalyst
In market segmentation by applications :
Passenger Vehicle
Commercial Vehicle
Motorcycle
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Catalyst market for the forecast period 2020 - 2025?
• What are the driving forces in the Automotive Catalyst market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Catalyst industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?