07 August 2017
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.
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