Opportunities for the global emission control catalysts market is expected to reach $17.6 billion by 2024


   September 17, 2019
According to a new market report published by Lucintel, the future of the emission control catalysts market looks promising with opportunities in transportation, industrial, marine, and locomotive/rail industries. The emission control catalysts market is expected to reach an estimated $17.6 billion by 2024 with a CAGR of 6.3% from 2019 to 2024. The major drivers for this market are stringent government regulation towards environmental protection, growth in the transportation & industrial sectors, and increasing demand for the diesel oxidation catalysts.

Browse 100 market data tables and 132 figures spread through 207 pages and in-depth TOC on “Emission Control Catalysts Market"

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In this market, palladium, platinum, and rhodium metals are used for manufacturing emission control catalysts. Lucintel forecasts that palladium will remain the largest segment and it is also expected to witness highest growth during the forecast period due to excellent catalytic properties such as low cost, high melting point, high density, and corrosion & oxidation resistance.

Within the emission control catalysts market, transportation will remain the largest segment and it is also expected to witness the highest growth during the forecast period due to increasing vehicle production and emission regulations in the European and North American region.

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Europe will remain the largest market over the forecast period due to stringent emission regulations like Euro 6, and increasing vehicle production. Lucintel predicts that Asia Pacific is expected to witness the highest growth over the forecast period supported by growing transportation and industrialization sectors especially in India and China.

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Emerging trends, which have a direct impact on the dynamics of the industry, include increasing demand for new cold start concept catalyst and increasing usage of four-way catalysts. Johnson Matthey, BASF, Umicore, Corning Incorporated, Clean Diesel Technology, DCL International, and Solvay are among the major manufactures of emission control catalysts.

Lucintel, the leading global strategic consulting and market research firm, has analyzed growth opportunities in the emission control catalysts market by application, by vehicle type, by metal type, by fuel type, by mobility, and by region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Emission Control Catalysts Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the emission control catalysts market by application, vehicle type, metal type, fuel type, mobility, and region as follows:

By Application [Value ($M) shipment analysis for 2013 – 2024]:



  • Transportation                                                         


  • Industrial                                                                                                                 


  • Others                       


By Mobility [Value ($M) shipment analysis for 2013 – 2024]:



  • Mobile Emission Control Catalysts                                                          


  • Stationary Emission Control Catalysts                     


By Metal Type [Value ($M) shipment analysis for 2013 – 2024]:



  • Palladium


  • Platinum


  • Rhodium


  • Others


Transportation Market by Vehicle Type [Value ($M) shipment analysis for 2013 – 2024]:



  • Light-Duty Vehicles                                                            


  • Heavy-Duty Vehicles                     


Transportation Market by Fuel Type [Value ($M) shipment analysis for 2013 – 2024]:



  • Diesel Vehicles                                                       


  • Gasoline Vehicles                     


By Region [Value ($M) shipment analysis for 2013 – 2024]:



  • North America


  • US


  • Canada


  • Mexico


  • Europe


  • Germany


  • Spain


  • France


  • United Kingdom


  • Russia


  • Asia Pacific


  • China


  • Japan


  • India


  • South Korea


  • Thailand


  • The Rest of the World


  • Brazil


  • Turkey


  • Iran


  • South Africa


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This 207-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 click on this link https://www.lucintel.com/gelcoat-market.aspx or   helpdesk@lucintel.com.

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