Automotive Catalyst Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025
The automotive catalyst market is expected to grow by $ 1.70 bn, accelerating at a CAGR of almost 2.39% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.
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Automotive Catalyst Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Product (palladium, platinum, rhodium, and others), Application (light-duty vehicle and heavy-duty vehicle), and Geography (APAC, Europe, North America, South America, and MEA).
- 63% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Catalyst Market size.
Automotive Catalyst Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Increasing vehicle production will be a significant factor in driving the growth of the Automotive Catalyst Market.
- Rising demand for PGMs will be instrumental in driving the market growth during the forecast period.
- Fluctuation in raw material prices is a hurdle that needs to be crossed on the path to success.
Automotive Catalyst Market: Vendor Analysis
- The market is fragmented.
- BASF SE, CDTi Advanced Materials Inc., Clariant International Ltd., Corning Inc., Cummins Inc., Ibiden Co. Ltd., Johnson Matthey Plc, Royal Dutch Shell Plc, Solvay SA, and Umicore are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Automotive Catalyst Market Split by Product
- palladium
- platinum
- rhodium
- others
- Automotive Catalyst Market Split by Application
- light-duty vehicle
- heavy-duty vehicle
- Automotive Catalyst Market Split by Geography
- APAC
- Europe
- North America
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- BASF SE
- CDTi Advanced Materials Inc.
- Clariant International Ltd.
- Corning Inc.
- Cummins Inc.
- Ibiden Co. Ltd.
- Johnson Matthey Plc
- Royal Dutch Shell Plc
- Solvay SA
- Umicore
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of over 2.39%.
- What is the incremental growth of the market?
The market is expected to grow by $ 1.70 bn through 2021-2025.
- What is a key factor driving this market?
Increasing vehicle production will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
63% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are BASF SE, CDTi Advanced Materials Inc., Clariant International Ltd., Corning Inc., Cummins Inc., Ibiden Co. Ltd., Johnson Matthey Plc, Royal Dutch Shell Plc, Solvay SA, and Umicore
- What are the market segments covered in this report?
The market is segmented by Product (palladium, platinum, rhodium, and others), Application (light-duty vehicle and heavy-duty vehicle), and Geography (APAC, Europe, North America, South America, and MEA)
Automotive Catalyst Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the automotive catalyst market and it is expected to grow by $ 1.70 bn, accelerating at a CAGR of almost 2% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.
Automotive Catalyst Market: Receive Free Sample Report
Automotive Catalyst Market: Key Trends to impact market growth
The automotive catalyst market report extensively covers market segmentation by product (palladium, platinum, rhodium, and others), application (light-duty vehicle and heavy-duty vehicle), and geography (APAC, Europe, North America, South America, and MEA). Recycling of automotive catalysts is one of the key automotive catalyst market trends. Growth by the palladium segment has been significant in recent years and is expected to offer further growth opportunities during the forecast period. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Automotive Catalyst Market: Top Drivers to Boost Demand
The increase in vehicle production is one of the primary factors driving the growth of the automotive catalyst market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business on the path to further growth.
Vendor Analysis: BASF SE, CDTi Advanced Materials Inc. and Clariant International Ltd. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BASF SE, CDTi Advanced Materials Inc., Clariant International Ltd., Corning Inc., Cummins Inc., Ibiden Co. Ltd., Johnson Matthey Plc, Royal Dutch Shell Plc, Solvay SA, and Umicore are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Automotive Catalyst Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive automotive catalyst market growth during the next five years
- Precise estimation of the automotive catalyst market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive catalyst market industry across APAC, Europe, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive catalyst market vendors
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of over 2%.
- What is the incremental growth of the market?
The market is expected to grow by $ 1.70 bn through 2021-2025.
- What is a key factor driving this market?
Increasing vehicle production will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
63% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are BASF SE, CDTi Advanced Materials Inc., Clariant International Ltd., Corning Inc., Cummins Inc., Ibiden Co. Ltd., Johnson Matthey Plc, Royal Dutch Shell Plc, Solvay SA, and Umicore
- What are the market segments covered in this report?
The market is segmented by Product (Palladium, Platinum, Rhodium, and Others), Application (Light-duty vehicle and Heavy-duty vehicle), and Geography (APAC, Europe, North America, South America, and MEA)
