According to a new market report published by Lucintel, the future of the global automotive emissions ceramics market looks promising with opportunities in passenger cars and commercial vehicles segments. The global automotive emissions ceramics market is expected to grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are high demand from the automotive industry and increasing demand for GDI engines.
To download report brochure, please go to https://www.lucintel.com/automotive-emissions-ceramics-market.aspx and click "download brochure" tab from the menu.
In this market, honeycomb, and GPF and DPF are the major type used to manufacture automotive emissions ceramics. On the basis of comprehensive research, Lucintel forecasts that honeycomb will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to the heat exchangers, high quality and safe product owing to material engineering expertise.
Within the global automotive emissions ceramics market, the passenger cars segment is expected to witness the highest growth over the forecast period due to the increasing demand of passenger cars, sport utility vehicle and crossovers worldwide
APAC is expected to remain the largest market and witness the highest growth rate over the forecast period due to the availability of low cost skilled labor, reduced import duties, and benefits for setting up manufacturing plants.
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing focus on vehicle emission and development of advanced materials. NGK Insulators Ltd, Johnson Matthey Plc, Faurecia SA, Tenneco Inc, Shandong Sinocera functional Materials Co. Ltd, Corning Inc, IBIDEN and CDTi Advanced Materials Inc are among the major suppliers of the Automotive Emissions Ceramics market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global automotive emissions ceramics market by type, application and region, and has compiled a comprehensive research report titled “Growth Opportunities in the Global Automotive Emissions Ceramics Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive emissions ceramics market by type, application and region, as follows:
By Type [Value ($ Million) from 2015 to 2026]:
By Application [Value ($ Million) from 2015 to 2026]:
Passenger Cars
Commercial vehicles
By Region [Value ($ Million) from 2015 to 2026]:
North America
United States
Canada
Mexico
Europe
APAC
ROW
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.