Latest News- Automotive Emissions Ceramics Market: Honeycomb is expected to lead the Type segment during 2024-2028

The Automotive Emissions Ceramics Market is being driven by High demand from automotive industry

The Automotive Emissions Ceramics Market is expected to grow at a CAGR of 3.28% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 20.6 million. The automotive emissions ceramics market is experiencing significant advancements and substantial investments from key players. Companies are dedicating sizeable resources to research and development (R&D) initiatives, focusing on the creation of novel compounds capable of achieving active temperatures more rapidly than traditional materials. One such innovation is Corning Inc.'s FLORA substrates, designed to minimize cold-start emissions. This trend towards reduced cold-start emissions is gaining traction in the market, as substrates typically require specific operating temperatures to activate catalysts. Once the temperature threshold is reached, the substrates begin converting toxic gases, releasing considerable volumes of emissions within a few minutes of starting the vehicle. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Honeycomb
  • GPF and DPF
• Geography
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• High demand from automotive industry
• Favorable regulatory environment
• Increasing demand for gasoline direct injection

However, the market also witnesses some limitations, which are as follows:

• Declining demand for diesel vehicles
• Rising sales of EVs
• High cost and disadvantages of catalytic converter systems

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Market Scope in Automotive Emissions Ceramics Market Research Report

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Research Analysis Overview

The Automotive Emissions Ceramics Market is at the forefront of business strategies, with Pathfinder companies leveraging niche opportunities in this vital sector. Amidst the competitive nature of this fragmented market, accumulation and amalgamation traits are prevalent. Emissions ceramics, integral to reducing emissions from Electric and Hybrid vehicles, are made from key materials like Titanate Oxide, Zirconia Oxide, and Alumina Oxide. Battery technology, electronic components, engine parts, exhaust systems, automotive electronics, and braking systems all benefit from these ceramics. Environmental regulations and sustainability drive market growth, with emissions ceramics essential for engine parts, exhaust systems, and electronic components in electric and hybrid vehicles.

Market Research Overview

The automotive emissions ceramics market is a niche segment within the larger automotive components and equipment industry. This sector caters to the production of crucial emission control components for various vehicle types, including passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio's market analysis, the global automotive components and equipment market's size is determined by the combined revenue generated by manufacturers of these parts and accessories. Key growth drivers for this market include the accumulation of electronic components in automobiles, such as the increasing sales of EVs, motorcycles, and PCs, which have significantly boosted the demand for electronic control units (ECUs) and other electrical components in the past decade. As a pathfinder and a vital player in this industry, businesses focusing on emissions ceramics must stay at the forefront of technological advancements to ensure product satisfaction and maintain a competitive edge.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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