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Automotive Catalyst Market Rising Demand for Digitization in Organizations and Growth till 2027 – BASF SE, Cataler, Cummins, Heraeus Holding, Johnson Matthey and Tenneco

The Automotive Catalyst Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Catalysts in automobile are used in the exhaust system to control the emission of harmful gases like nitrogen oxides and carbon oxides. This catalysts aid the conversion of harmful gases in to less toxic gases such as carbon di oxide and nitrogen. Manufacturers active in the automotive catalyst market are adopting various strategies such as geographical expansion and new product additions to increase their market share during the forecast period.

The automotive catalyst market is anticipated to grow in the forecast period owing to driving factors such as stringent regulations concerning vehicular emission. However, growth in the numbers of electric vehicles may negatively influence the market growth. On the other hand, government in developing nations such as India are increasingly focusing on emission standards. This offers significant growth opportunities for the key players of the automotive catalyst market in the coming years.

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The global automotive catalyst market is segmented on the basis of type and vehicle type. Based on type, the market is segmented as platinum, rhodium, and palladium. On the basis of the vehicle type, the market is segmented as light-duty vehicles and heavy-duty vehicles.

Top Dominating Key Players:

  1.  BASF SE
  2.  Cataler Corporation (Toyota)
  3.  CDTi Advanced Materials, Inc.
  4.  Clariant AG
  5.  Cummins Inc.
  6.  Heraeus Holding
  7.  INTERKAT Catalyst GmbH
  8.  Johnson Matthey
  9.  Tenneco Inc.
  10.  Umicore AG and Co. KG

The reports cover key developments in the automotive catalyst market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from automotive catalyst market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive catalyst in the global market. Below mentioned is the list of few companies engaged in the automotive catalyst market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive catalyst market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive catalyst market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive catalyst market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the automotive catalyst market in these regions.

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Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

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