Catalytic Converter Market
Zion Market Research, the market research group announced the analysis report titled
‘Catalytic Converter Market: Global Industry Analysis, Size, Share, Growth, Trends, and
Forecasts 2016–2024’
Global Catalytic Converter Market: Overview
A catalytic converter is an emission control device that reduces emissions caused due to
combustion of fuel within automobiles. It assists in removing toxic compounds such as
hydrocarbon, carbon monoxide, and nitrogen oxide from the exhaust system of vehicles.
The converter enhances energy efficiency, safety measures, and operational efficiency of
the automobiles. Catalytic converter is usually used in the exhaust systems in automobiles
and is also applied to mining equipment, locomotives and motorcycles, forklifts, electrical
generators, buses, and trucks. Also, it used in several wood stoves to control emissions.
Catalytic converters are deployed in response to government regulation due to rising
concerns about health & safety and the environment.
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converter-market
Global Catalytic Converter Market: Growth Factors
Owing to characteristic features offered by the catalytic converter such as improved
operational efficiency, energy efficiency, and safety measures, the demand for these