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:
Competitive Landscape:
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
- Faurecia
- Heraeus Holding
- Ibiden Co. Ltd.
- Solvay
- Tenneco Inc
Breakup
by Material:
- Platinum
- Palladium
- Rhodium
- Others
Breakup
by Catalyst Type:
- Two-way
- Three-way
- Four-way
Breakup
by Distribution Channel:
- OEM
- Aftermarket
Breakup
by Vehicle Type:
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Others
Breakup
by Fuel Type:
- Gasoline
- Diesel
- 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.
About Us
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research company that offers management strategy and market research worldwide.
We partner with clients in all sectors and regions to identify their
highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include
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leaders in pharmaceutical, industrial, and high technology organizations.
Market forecasts and industry analysis for biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and tourism, nanotechnology and
novel processing methods are at the top of the company’s expertise.
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