The automotive catalytic converter market is poised to grow by $ 2.93 bn during 2021-2025, progressing at a CAGR of 1% during the forecast period, according to Technavio. The report offers an up-to-date analysis.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BASF SE, CDTi Advanced Materials Inc., Continental AG, Eberspacher Group, Faurecia SE, Johnson Matthey Plc, Katcon Global, Klarius Products Ltd., Marelli Holdings Co. Ltd., and Tenneco Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
Stringent regulations to control emissions, reduction in emissions by catalytic converters, and increasing global sales (by volume) of passenger vehicles will offer immense growth opportunities. However, the high cost associated with replacement, increasing sales (by volume) of all-electric vehicles, and the downsides and drawbacks of using automotive catalytic converters will challenge the growth of the market participants.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The automotive catalytic converter market report covers the following areas:
Automotive Catalytic Converter Market size
Automotive Catalytic Converter Market trends
Automotive Catalytic Converter Market industry analysis
This study identifies developments in the field of automotive catalytic converters as one of the prime reasons driving the automotive catalytic converter market growth during the next few years.
Technavio provides a detailed analysis of vendors operating in the automotive catalytic converter market. Backed with competitive intelligence and benchmarking, our research report on the automotive catalytic converter market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist automotive catalytic converter market growth during the next five years
Estimation of the automotive catalytic converter market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automotive catalytic converter market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automotive catalytic converter market vendors
Table Of Contents :
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Application
Comparison by Application
Passenger vehicles - Market size and forecast 2020-2025
Commercial vehicles - Market size and forecast 2020-2025
Market opportunity by Application
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market positioning of vendors
CDTi Advanced Materials Inc.
Johnson Matthey Plc
Klarius Products Ltd.
Marelli Holdings Co. Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.