Growth in adoption of stringent emission norms and rise in vehicle production & sales worldwide are the major factors that drive the market growth. Increase in demand for electric & hybrid vehicles and high R&D expenditures restrain the market growth. Increase in vehicle penetration in the emerging nations is projected to provide lucrative opportunity to the market from 2014 to 2022.
The global market is segmented based on type, catalyst, and geography. By type, the market is segmented into two-way oxidation catalytic converter, three-way oxidation-reduction catalytic converter, and diesel oxidation catalyst. In terms of catalyst, the market can be categorized into palladium, platinum, and rhodium. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Major players in the automotive catalytic converter market are Faurecai SA, BASF Catalysts LLC, Eberspaecher GmbH Holding & Co., Magneti Marelli S.P.A, Tenneco Inc., Benteler International AG, Calsonic Kansei Corporation, SMPE, and Clean Diesel Technologies Inc.
POTENTIAL BENEFITS FOR STAKEHOLDERS:
This report provides an in-depth analysis of the global automotive catalytic converter market trends and future estimations to identify lucrative investment opportunities
This report identifies the key drivers, opportunities, and restraints that shape the market along with their impact analysis
Porter’s Five Forces analysis highlights the potency of buyers and suppliers that participate in this market to facilitate better business decisions for stakeholders and strengthen their supplier and buyer networks
Market estimation of geographical regions is based on the current market scenario and future trends.
The market is automotive catalytic converter segmented based on type, catalyst, and geography.
Two-Way Oxidation Catalytic Converter
Three-Way Oxidation–Reduction Catalytic Converter
Diesel Oxidation Catalyst
Market Players in Value Chain
BASF Catalysts LLC
Eberspaecher GmbH Holding & Co.
Magneti Marelli S.P.A
Benteler International AG
Calsonic Kansei Corporation
Standard Motor Products Europe Ltd.
Other players in the value chain include (profiles not included in the report)
Clean Diesel Technologies Inc.
HJS Emission Technology GmbH & Co. KG
Jetex Exhausts Ltd.
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.2 Market snapshot
2.3 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porters five forces analysis
3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threat of substitutes
3.3.4 Threat of new entrants
3.3.5 Intensity of competitive rivalry
3.4 Market share analysis, 2015
3.5.1 Vehicle sales in emerging nations due to improved lifestyle
3.5.2 Worldwide rising vehicle production and sales
3.6.1 Growing demand for electric and hybrid vehicles
3.6.2 High R&D expenditures
3.7.1 Growing adoption of stringent emission norms
CHAPTER 4 GLOBAL AUTOMOTIVE CATALYTIC CONVERTER MARKET, BY TYPE
4.2 Three-way oxidation-reduction catalytic converter
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3 Diesel oxidation catalytic converter
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.4 Two-way oxidation catalytic converter
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast
CHAPTER 5 GLOBAL AUTOMOTIVE CATALYTIC CONVERTER MARKET BY CATALYST
5.2 Platinum catalyst
5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.3 Palladium catalyst
5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.4 Rhodium catalyst
5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
CHAPTER 6 GLOBAL AUTOMOTIVE CATALYTIC CONVERTER MARKET, BY GEOGRAPHY
6.2 North America
6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast
188.8.131.52. Market size and forecast
184.108.40.206. Market size and forecast
220.127.116.11. Market size and forecast
6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast
18.104.22.168. Market size and forecast
22.214.171.124. Market size and forecast
126.96.36.199. Market size and forecast
188.8.131.52. Market size and forecast
184.108.40.206. Market size and forecast
6.3.9 Rest of Europe
220.127.116.11. Market size and forecast
6.4 ASIA-PACIFIC (APAC)
6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast
18.104.22.168. Market size and forecast
22.214.171.124. Market size and forecast
126.96.36.199. Market size and forecast
188.8.131.52. Market size and forecast
6.4.8 Rest of APAC
184.108.40.206. Market size and forecast
6.5.1 Key market trends
6.5.2 Key growth factors and opportunities
6.5.3 Market size and forecast
6.5.4 Latin America
220.127.116.11. Market size and forecast
6.5.5 Middle East
18.104.22.168. Market size and forecast
22.214.171.124. Market size and forecast
CHAPTER 7 COMPANY PROFILES
7.1. Faurecia SA
7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Business performance
7.1.4. Key strategic moves and developments
7.2. BASF Catalysts LLC
7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Business performance
7.2.4. Key strategic moves and developments
7.3. Eberspaecher GmbH Holding & Co.
7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Business performance
7.3.4. Key strategic moves and developments
7.4. Magneti Marelli S.P.A
7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Business performance
7.4.4. Key strategic moves and developments
7.5. Tenneco Inc.
7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Business performance
7.5.4. Key strategic moves and developments
7.6. Benteler International AG
7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Business performance
7.6.4. Key strategic moves and developments
7.7. Calsonic Kansei Corporation
7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Business performance
7.7.4. Key strategic moves and developments
7.8. Standard Motor Products Europe Ltd.
7.8.1. Company overview
7.8.2. Operating business segments
7.8.3. Business performance
7.8.4. Key strategic moves and developments
*Other players in the value chain include:
Clean Diesel Technologies Inc.
HJS Emission Technology GmbH & Co. KG
Jetex Exhausts Ltd.
*Profiles of these players are not included. The same will be included on request
A catalytic converter is a device used in exhaust system of vehicles which primarily functions to remove all the gasses, including carbon monoxide, nitrogen oxide, and hydrocarbon, which are harmful for environment from the overall exhaust system of the vehicles. The vehicle manufacturers primarily focus on elimition of harmful emissions as well as improve the efficiency of vehicles. The increased demand for the catalytic converter is driven by stringent emission standards worldwide to protect the environment and prevent the hazardous effects of global warming. Furthermore, the increase in number of vehicles across the globe vigate the demand in the market.
By type segment, three-way oxidationreduction catalytic converter domited the market in 2015, with the market share of over 38% in overall revenue of the market. The demand for three-way oxidationreduction catalytic converter is vigated in the market with the increase in demand for ultralow emissions in the vehicles. These converters carry out the oxidation of carbon monoxide and unburnt hydrocarbons to water and carbon dioxide, along with the conversion of oxides of nitrogen to nitrogen and oxygen, and therefore, these are anticipated to domite the market during the forecast period.
By catalyst type, the highest market share was attributed by rhodium automotive catalytic converter which accounted for about 44% of the share in the segment. The efficiency toward the removal of toxic exhaust emissions drives the rhodium market for automotive catalytic converters. Henceforth, the rhodium automotive catalytic converter is expected to grow with the highest growth rate i.e., over 8% CAGR during the forecast period.
Europe domited the market in 2015, accounting over 30% of the total market revenue, and is expected to maintain its domince during the forecast period, followed by North America and Asia-Pacific. This is accredited to the presence of various automotive manufacturing facilities, ongoing R&D, and upcoming emission norms such as Euro-V and Euro-VI emission standards.
Key findings of Automotive Catalytic Converter Market:
Diesel oxidation catalyst is expected to witness a fast-paced growth rate of over 8% and is projected to contribute second largest share under by type segment
Palladium accounts for the second largest share in automotive catalytic converter market catalyst and it is expected to have considerably high growth rate as compared to others in the segment
LAMEA is estimated to grow at a faster rate with over 8% CAGR, owing to the presence of tions with high opportunities
The key market players use novel concepts & ideas, improve manufacturing techniques, and improve the current set of products, besides enhancing their profitability to gain a competitive edge over the other market players. The key players profiled in the report include are Faurecai SA, BASF Catalysts LLC, Eberspaecher GmbH Holding & Co., Magneti Marelli S.P.A, Tenneco Inc., Benteler Intertiol AG, Calsonic Kansei Corporation, SMPE Ltd., and Clean Diesel Technologies Inc.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.