Emission Control Catalysts Market to Reach USD 4.09 bn by 2024, BASF SE, Cataler Corp., and Clariant International Ltd., Emerge as Key Contributors to Growth | Technavio

Technavio has been monitoring the emission control catalysts market and it is poised to grow by USD 4.09 bn during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Emission Control Catalysts Market 2020-2024 (Graphic: Business Wire).

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Frequently Asked Questions:

• What are the major trends in the market?
  Growing demand for passenger cars is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 6.40% and the incremental growth of the market is anticipated to be $ 4.09 bn.
• Who are the top players in the market?
  BASF SE, Cataler Corp., Clariant International Ltd., Cummins Inc., Haldor Topsoe AS, Honeywell International Inc., Ibiden Co. Ltd., Johnson Matthey Plc, Tenneco Inc., and Umicore., are some of the major market participants.
• What is the key market driver?
  The growth in the automotive sector is one of the major factors driving the market
• How big is the APAC market?
  The APAC region will contribute 44% of the market share. 

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BASF SE, Cataler Corp., Clariant International Ltd., Cummins Inc., Haldor Topsoe AS, Honeywell International Inc., Ibiden Co. Ltd., Johnson Matthey Plc, Tenneco Inc., and Umicore. are some of the major market participants. The growth in the automotive sector will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Emission Control Catalysts Market 2020-2024: Segmentation

Emission Control Catalysts Market is segmented as below:

• Application
  • Mobile Emission
  • Stationary Emission
• By Metal
  • Palladium
  • Platinum
  • Rhodium
• Geography
  • APAC
  • Europe
  • North America
  • South America
  • ROW

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Emission Control Catalysts Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The emission control catalysts market report covers the following areas:

• Emission Control Catalysts Market Size
• Emission Control Catalysts Market Trends
• Emission Control Catalysts Market Industry Analysis

This study identifies the growing demand for passenger cars as one of the prime reasons driving the emission control catalysts market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Emission Control Catalysts Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist emission control catalysts market growth during the next five years
• Estimation of the emission control catalysts market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the emission control catalysts market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of emission control catalysts market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Mobile emission - Market size and forecast 2019-2024
• Stationary emission - Market size and forecast 2019-2024
• Market opportunity by Application

Market Segmentation by Metal

• Market segments
• Comparison by Metal
• Palladium - Market size and forecast 2019-2024
• Platinum - Market size and forecast 2019-2024
• Rhodium - Market size and forecast 2019-2024
• Market opportunity by Metal

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• BASF SE
• Cataler Corp.
• Clariant International Ltd.
• Cummins Inc.
• Haldor Topsoe AS
• Honeywell International Inc.
• Ibiden Co. Ltd.
• Johnson Matthey Plc
• Tenneco Inc.
• Umicore

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations 

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