According to the latest report by IMARC Group, titled “Autocatalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global autocatalyst market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.5% during 2021-2026. An autocatalyst refers to an elliptical cross-section component that is mounted inside the steel canister available in the automobile's exhausts to convert toxic pollutants into harmless gasses. It is produced by formulating metals and ceramics into the fine honeycomb and coated with a blend of platinum, palladium, and rhodium chemical solution. At present, autocatalyst is commercially available in varying types, such as two-way, three-way, and four-way.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The increasing utilization of nanotechnology for deploying expensive metals efficiently for its renewable energy capturing and battery storage properties is one of the key factors driving the global autocatalyst market growth. Additionally, the numerous initiatives undertaken by the governments of various nations for curbing automobile-generated carbon dioxide (CO2) emissions, hydrocarbon (CnH2n+2), nitrogen oxide (N), carbon monoxide (CO), and pollutants are contributing to the market growth. Other factors, such as the rapid expansion of the automotive sector and the rising investments in new technologies for introducing advanced autocatalysts, are creating a positive outlook for the market.
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/autocatalyst-market
Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- BASF SE
- Cataler Corporation (Toyota Motor Corporation)
- Corning Incorporated
- Cummins Inc.
- DCL International Inc
- Heraeus Holding
- Ibiden Co. Ltd.
- Tenneco Inc
Breakup by Material:
Breakup by Catalyst Type:
Breakup by Distribution Channel:
Breakup by Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Breakup by Fuel Type:
- Hybrid Fuels
- Hydrogen Fuel Cell
· North America (United States, Canada)
· Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
· Europe (Germany, France, United Kingdom, Italy, Spain, Others)
· Latin America (Brazil, Mexico, Others)
· Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
· Market Performance (2015-2020)
· Market Outlook (2021-2026)
· COVID-19 Impact on the Market
· Porter’s Five Forces Analysis
· Historical, Current and Future Market Trends
· Market Drivers and Success Factors
· SWOT Analysis
· Structure of the Market
· Value Chain Analysis
· Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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