Quick Summary:
In a world increasingly committed to sustainable development and emission reductions, optimizing the automotive industry's impact on the environment is crucial. Our comprehensive report on the Global Automotive Selective Catalytic Reduction (SCR) Market offers invaluable insights for key players and investors interested in this innovative domain. With the market anticipated to reach an impressive $7.2 billion by 2030, up from $1.2 billion in the US alone, this study offers detailed analysis of industry trends that will shape the field in the coming years.
Beyond high-level overviews, the report provides an in-depth analysis of distinct segments such as Copper Zeolite and Iron Zeolite and the geographic markets they operate in. It also delineates the competitive landscape with profiling of 42 competitors including industry leaders such as BMW Group, Citroen, and Faurecia SA. Added perks include special coverage on topical issues like Russia-Ukraine war and global trade tensions, alongside access to a unique, collaborative research platform and complimentary updates for a year. Don't miss this opportunity to stay a step ahead in the fast-evolving Automotive SCR market.
Global Automotive Selective Catalytic Reduction (SCR) Market to Reach $7.2 Billion by 2030
The global market for Automotive Selective Catalytic Reduction (SCR) estimated at US$4.7 Billion in the year 2022, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Copper Zeolite, one of the segments analyzed in the report, is projected to record 5.8% CAGR and reach US$3.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Iron Zeolite segment is readjusted to a revised 5.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 8.5% CAGR
The Automotive Selective Catalytic Reduction (SCR) market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.Select Competitors (Total 42 Featured) -
- BMW Group (Bayerische Motoren Werke AG)
- Citroen
- Compagnie Plastic Omnium
- Faurecia SA
- Renault Group
- Roechling Se Co. KG
- Tenneco, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Selective Catalytic Reduction (SCR)?
What is the growth rate of the Global Market for Automotive Selective Catalytic Reduction (SCR)?
What is the forecasted size of the Global Market for Automotive Selective Catalytic Reduction (SCR)?
Who are the key companies in the Global Market for Automotive Selective Catalytic Reduction (SCR)?
| Report Attribute | Details |
|---|---|
| No. of Pages | 244 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.7 Billion |
| Forecasted Market Value ( USD | $ 7.2 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- BMW Group (Bayerische Motoren Werke AG)
- Citroen
- Compagnie Plastic Omnium
- Faurecia SA
- Renault Group
- Roechling Se Co. KG
- Tenneco, Inc.
