Global Automotive Exhaust System Market Size, Share, and Trends Analysis Report, By Technology (Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Exhaust Gas Recirculation (EGR), Gasoline Particulate Filter (GPF), and Others), By Fuel Type (Gasoline and Diesel), By Vehicle Type (Passenger Cars and Commercial Vehicles), Forecast (2022-2028)

The global automotive exhaust system market is anticipated to grow at a CAGR of 6.0% during the forecast period (2022-2028). An exhaust system is used to guide reaction exhaust gases away from a controlled combustion inside an engine or stove. The entire system conveys burnt gases from the engine and includes one or more exhaust pipes.  The exhaust system consists of one or two channels depending on the engine and the flow resistance is selected so that the exhaust back pressure should not degrade the engine performance. The major components of the exhaust are the manifold, exhaust pipes, catalytic converter, muffler, and tailpipe. The stringent government regulations for emission control, significant automobile production, and also the adoption of nanotechnology in catalytic converters are the driving factors for the growth of the global automotive exhaust system market. Additionally, the growing automotive industry in emerging economies & environmental pollution is other factors boosting the growth of the market. However, the growing electric vehicle production and the high cost of automotive catalysts restrain the growth of the market.

Some major players in the market include Johnson Matthey, BASF SE, and Tenneco Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in January 2022, Faurecia announces the completion of the acquisition of Hella GmbH & Co. KGaA, creating the world’s seventh-largest automotive supplier.  Together, the company becomes the 7th largest automotive supplier that will be well suited to take on new challenges such as autonomous driving, electric mobility, and the cockpit of the future. Additionally, in May 2021, Futaba Industrial Co., Ltd. expressed plans to participate in the Automotive Engineering Exposition 2021 Online. The company plans to exhibit exhaust and vehicle components that reduce emissions, increase fuel efficiency and reduce weight in support of SDGs (Sustainable Development Goals).

Market Coverage                                             

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Technology
  • By Fuel Type
  • By Vehicle Type
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Johnson Matthey, BASF SE, and Tenneco Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Automotive Exhaust System Market Report by Segment

By Technology

• Diesel Oxidation Catalyst (DOC)
• Diesel Particulate Filter (DPF)
• Selective catalytic reduction (SCR)
• Exhaust gas recirculation (EGR)
• Gasoline Particulate Filter (GPF)
• Others

 By Fuel Type

• Gasoline
• Diesel

By Vehicle Type

• Passenger Cars
• Commercial Vehicles

Global Automotive Exhaust System Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa