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The automotive catalyst market is estimated to witness a CAGR of 4.67% to reach US$12.238 billion in 2024 from US$9.305 billion in 2018. The market is segmented by Type, by Vehicle Type, and By Geography with country level analysis.
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Automotive Catalyst Market Forecast From 2020 to 2025
DESCRIPTION The automotive catalyst market is estimated to witness a CAGR of 4.67% to reach US$12.238 billion in 2024 from US$9.305 billion in 2018. Automotive Catalysts are widely used in the exhaust system of the automobiles to control pollutants and optimize industrial production processes. The automotive catalyst is a simple device that uses basic redox reactions to reduce the car pollutant, as it converts nearly 98% of the harmful fumes into less harmful gases by using simple oxidation and reduction method to convert the harmful and unwanted fumes.
Key Questions Answered By The Report • What will be theautomotive catalyst market from 2020 to 2025? • How are the major drivers and restraints affecting the automotive catalyst market . • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under automotive catalyst market are: • By Type • Oxidation Catalyst • Three-way Catalyst • Others • By Vehicle Type • Light-duty Commercial Vehicle • Heavy-duty Commercial Vehicle • Utility Task Vehicle (UTV) • Motorbikes • Others
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES • CATALER CORPORATIONBASF SEJohnson MattheyUmicore AG & Co. KGHeraeus HoldingINTERKAT Catalyst GmbHTenneco Inc.Continental AGClariantSUMITOMO METAL MINING CO., LTD.MITSUI MINING & SMELTING CO., LTD.
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