‘Automotive Catalytic Converters Market Worth $111 Billion In 2017’ Says Visiongain Report

07 August 2017
Automotive

Visiongain’s new report the Automotive Catalytic Converters Market Report 2017-2027: Forecasts by Type (Two Way Catalytic Converters, Three-Way Catalytic Converters, Diesel Oxidation Catalytic Converters (DOC)), By Material (Platinum, Polladium, Rhodium, Others), By End-Use Applications (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Others) & By Region Plus Analysis of Leading Companies indicates that the global Automotive Catalytic Converters Market will reach $111 Bn in spending in 2017.

The lead analyst of the report said. “Globally, increasing concerns regarding the emission of carbon and other toxic gases from vehicles due to burning of fossil fuels and the proven effectiveness of three way catalytic converters in reducing harmful emissions, is one of the primary factors driving the global automotive catalytic converters market over the next 10 years. Moreover, ongoing research and developments in the catalytic converters industry is projected to support the rise in demand for catalytic converters with improved efficiency over the period of 2017 to 2027. The emerging markets of Asia Pacific such as China and India are anticipated to report strong growth in the automotive industries over the next 10 years. The demand for automotive catalytic converters is subject to rise with rising demand for vehicles in the emerging economies. Growing focus on reduction of carbon emissions by the developed countries coupled with compulsory usage of catalytic converters in the automotive sector will boost the demand for catalytic converters in the leading markets such as the U.S., Germany, Italy and Spain among others. Companies operating in this industry are expected to invest heavily in this industry in the years to come.”

The 205 page report contains 298 tables, charts and graphs that add visual analysis in order to explain developing trends within the automotive catalytic converters market. Visiongain provides volume and market size forecasts for the period 2017-2027 for the 3 main automotive catalytic converters submarket types, namely by type, by materials and by end use.

The comprehensive page report offers market forecasts and analysis for 4 regional and 9 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 10 companies leading the field in automotive catalytic converters.

The Automotive Catalytic Converters Market Report 2017-2027: Forecasts by Type (Two Way Catalytic Converters, Three-Way Catalytic Converters, Diesel Oxidation Catalytic Converters (DOC)), By Material (Platinum, Polladium, Rhodium, Others), By End-Use Applications (Passenger Cars, Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Others) & By Region Plus Analysis of Leading Companies report will be of value to anyone who wants to better understand the automotive catalytic converters market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive catalytic converters market industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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