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Catalytic Converter Market

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    Report

  • 45 Pages
  • May 2025
  • Region: Global
  • GlobalData
  • ID: 5996112
Global Catalytic Converter industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • A catalytic converter is an exhaust emission control device in vehicles that transforms hazardous gases and pollutants in exhaust gas/fuel gas from an internal combustion engine into less-toxic pollutants.
  • The global catalytic converter market recorded revenues of $12.87 billion in 2024, representing a compound annual growth rate (CAGR) of 0.8% between 2019-24.
  • The palladium segment accounted for the market's largest proportion in 2024, with total revenues of $6.19 billion, equivalent to 48.1% of the market's overall value.
  • The global catalytic converter market’s sluggish growth during 2019-24, primarily due to the increasing adoption of electric vehicles, which do not require catalytic converters, significantly impacts demand.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the catalytic converter market in the global
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global catalytic converter market
  • Leading company profiles reveal details of key catalytic converter market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Global catalytic converter market with five year forecasts

Reasons to Buy

  • What was the size of the Global catalytic converter market by value in 2024?
  • What will be the size of the Global catalytic converter market in 2029?
  • What factors are affecting the strength of competition in the Global catalytic converter market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the global's catalytic converter market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
8 Company Profiles
8.1. BASF SE
8.2. Cummins Inc
8.3. Forvia SE
8.4. Johnson Matthey Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: Global catalytic converter market value: $ million, 2019-24
Table 2: Global catalytic converter market category segmentation: % share, by value, 2019-24
Table 3: Global catalytic converter market category segmentation: $ million, 2019-24
Table 4: Global catalytic converter market geography segmentation: $ million, 2024
Table 5: Global catalytic converter market value forecast: $ million, 2024-29
Table 6: BASF SE: Key Facts
Table 7: BASF SE: annual financial ratios
Table 8: BASF SE: key employees
Table 9: Cummins Inc: Key Facts
Table 10: Cummins Inc: annual financial ratios
Table 11: Cummins Inc: key employees
Table 12: Cummins Inc: key employees Continued
Table 13: Forvia SE: Key Facts
Table 14: Forvia SE: annual financial ratios
Table 15: Forvia SE: key employees
Table 16: Forvia SE: key employees Continued
Table 17: Johnson Matthey Plc: Key Facts
Table 18: Johnson Matthey Plc: annual financial ratios
Table 19: Johnson Matthey Plc: key employees
Table 20: Global Exchange Rate, 2019-24
List of Figures
Figure 1: Global catalytic converter market value: $ million, 2019-24
Figure 2: Global catalytic converter market category segmentation: $ million, 2019-24
Figure 3: Global catalytic converter market geography segmentation: % share, by value, 2024
Figure 4: Global catalytic converter market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the global catalytic converter market, 2024
Figure 6: Drivers of buyer power in the global catalytic converter market, 2024
Figure 7: Drivers of supplier power in the global catalytic converter market, 2024
Figure 8: Factors influencing the likelihood of new entrants in the global catalytic converter market, 2024
Figure 9: Factors influencing the threat of substitutes in the global catalytic converter market, 2024
Figure 10: Drivers of degree of rivalry in the global catalytic converter market, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • Cummins Inc
  • Forvia SE
  • Johnson Matthey Plc