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The Automotive Catalyst market is a subset of the Automotive Materials industry, which encompasses the materials used in the production of vehicles. Automotive Catalysts are used to reduce emissions from vehicles, and are typically composed of a combination of metals and other materials. They are designed to convert harmful pollutants into less harmful substances, such as carbon dioxide and water. Automotive Catalysts are typically installed in the exhaust system of a vehicle, and are required by law in many countries.
The Automotive Catalyst market is highly competitive, with a number of companies offering a range of products. These companies are typically involved in the research and development of new catalysts, as well as the production and distribution of existing products. Some of the major players in the market include Johnson Matthey, Umicore, BASF, and Tenneco. Show Less Read more