Emission Control Catalyst Market Consumption, Drivers and
Emerging Countries Forecasts Till 2024
“Emission Control Catalyst Market Report Includes in-depth analysis of
Market Application, Size, Specification, Trends, Major Manufacturers and
Business Strategies by Considering Types, Market Segmentation and
Analysis.”
Industry Insights
Global Emission Control Catalyst Market size was 1,978 kilo tons in 2015. Rising awareness towards reduction
of carbon footprints along with stringent norms implemented by government towards reduction of harmful
pollutants from industries and automotive combustion will create substantial demand for these catalyst in the
near future.
Emission control catalyst are designed to breakdown harmful particles which are generated inside exhaust
system of automotive engines and industrial machinery. Rising number of installation of catalytic converter by
major automotive players including BMW, General Motors, Volkswagen and Ford Motors will create immense
market potential over the forecast period.
Increasing automobile production in developing countries including China, India, Mexico and Iran will increase
the product demand over the next eight years. Presence of strict regulation norms regarding emissions in
various developed countries including the U.S., and UK is expected to fuel product demand over the forecast
period.
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