According to a market report by Lucintel, the future of the global emission control catalyst market looks promising with opportunities in the promising with opportunities in the transportation and industrial sectors. The global emission control catalyst market is expected to reach an estimated $77 million by 2030 from $48 million in 2023 at a CAGR of 7% from 2023 to 2030. The major drivers for this market are stringent government regulation towards environmental protection, growth in the transportation & industrial sectors, and increasing demand for the diesel oxidation catalysts.
Browse 89 figures/charts
and 76 tables in this 181-page report
to understand trends, opportunity and
forecast in emission control catalyst market to 2030 by metal type (palladium,
platinum, rhodium, and others), vehicle type (high-duty and heavy-duty),
mobility (mobility emission control catalysts and stationary emission control
catalysts), fuel type (diesel vehicles and gasoline vehicles), application
(transportation, industrial, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Lucintel
forecast that palladium will remain the largest segment over the forecast
period due to significant use of this metal among various industries because of
its excellent catalytic properties, such as low cost, high melting point, high
density, and corrosion & oxidation resistance.
Transportation
is expected to remain the larger application segment due to the increasing
vehicle production and emission regulations in the European and North American
region.
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sample by clicking on emission
control catalyst market.
APAC will
remain the largest region due to the growing transportation and
industrialization sectors, especially in India and China.
BASF SE,
Johnson Matthey Pic., Umicore N.V., Corning Incorporation, Tenneco are the
major suppliers in the emission control catalyst market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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