Automotive Catalytic Converter Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Automotive Catalytic Converter Market size is expected to grow at an annual average of 6% during 2021-2027. The automotive catalytic converter market is expected to witness remarkable growth in the near future owing to the characteristics of catalytic converters such as improved energy efficiency, operating efficiency and safety measures. In addition, growth in vehicle production and sales worldwide and increasing government strict emission standards for vehicles are expected to complement global market growth in the near future. However, certain factors such as high R&D costs and growing demand for electric and hybrid vehicles are limiting market development.

The following segmentation are covered in this report:

By Catalyst

• Platinum catalyst
• Palladium catalyst
• Rhodium catalyst

By Type

• Three-way oxidation-reduction catalytic converter
• Diesel oxidation catalytic converter
• Two-way oxidation catalytic converter

 Company Profile

• Faurecia SA
• BASF Catalysts LLC
• Eberspaecher GmbH Holding & Co.
• Magneti Marelli S.P.A
• Tenneco Inc.
• Benteler International AG
• Calsonic Kansei Corporation
• Standard Motor Products Europe Ltd.

Scope of the report

The research study analyses the Automotive Catalytic Converter Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Automotive Catalytic Converter Market Report

• What was the Automotive Catalytic Converter Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Automotive Catalytic Converter Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.