Automotive Catalyst Market Size, Share, Trends, Growth Outlook

Automotive Catalyst Market is estimated to increase at a growth rate of 3.8% CAGR over the forecast period from 2024 to 2030.

The global Automotive Catalyst Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Metal (Platinum, Palladium, Rhodium, Others), By Engine (Gasoline engine, Diesel engine), By Vehicle (Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)).

An Introduction to Global Automotive Catalyst Market, 2024

The Automotive Catalyst market plays a crucial role in reducing harmful emissions from internal combustion engines, converting pollutants such as hydrocarbons, carbon monoxide, and nitrogen oxides into less harmful substances through catalytic reactions. Catalytic converters, typically made of precious metals such as platinum, palladium, and rhodium, are integrated into the exhaust system to facilitate these chemical reactions. With the automotive industry's focus on environmental sustainability and regulatory compliance, the demand for high-performance automotive catalysts continues to grow. Manufacturers in this market focus on developing catalysts with optimized formulations, efficient substrate materials, and advanced coating technologies to maximize pollutant conversion efficiency and durability. Moreover, advancements in catalyst design, including close-coupled configurations, dual-bed catalysts, and hybrid electric vehicle catalysts, drive innovation, allowing for improved emissions reduction across various driving conditions and engine types. Additionally, as vehicle designs evolve to incorporate stricter emissions standards and electrification, the automotive catalyst market is poised for sustained growth and innovation, with opportunities for product development, customization, and market expansion across vehicle segments and regions.

Automotive Catalyst Competitive Landscape

The global Automotive Catalyst market is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Automotive Catalyst Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Automotive Catalyst Market Industry include- BASF SE, Clariant AG, Clean Diesel Technologies Inc, Cummins Inc, Eberspächer Gruppe GmbH & Co. KG, Ecocat India Pvt. Ltd, Johnson Matthey plc, Klarius Products Ltd, Tenneco Inc, Umicore N.V..

Automotive Catalyst Market Trend: Increasing Demand for Clean Air Technologies

The most prominent trend in the Automotive Catalyst Market is the increasing demand for clean air technologies. With growing concerns about air pollution and environmental sustainability, governments worldwide are implementing stringent emissions regulations for vehicles. As a result, there is a rising demand for automotive catalysts, which play a critical role in reducing harmful emissions from vehicles. Catalysts, such as catalytic converters, are designed to convert toxic gases emitted by internal combustion engines into less harmful substances, thus mitigating air pollution. This trend is driving the adoption of advanced catalyst technologies and catalytic converter systems in vehicles, leading to market growth.

Automotive Catalyst Market Driver: Regulatory Compliance and Emissions Reduction Mandates

A major driver propelling the growth of the Automotive Catalyst Market is regulatory compliance and emissions reduction mandates. Governments and regulatory agencies across the globe are enacting stringent emissions standards to combat air pollution and address climate change. These regulations mandate automakers to equip vehicles with effective emission control systems, including catalytic converters, to meet specified emission limits. Compliance with regulatory requirements is driving the demand for automotive catalysts as automakers strive to adhere to emissions standards and avoid penalties. Additionally, growing public awareness of environmental issues and the need for cleaner transportation solutions are further driving the adoption of automotive catalysts, thereby fueling market growth.

Automotive Catalyst Market Opportunity: Expansion into Electric Vehicle (EV) Catalyst Technologies

An opportunity for significant growth in the Automotive Catalyst Market lies in the expansion into electric vehicle (EV) catalyst technologies. As the automotive industry shifts towards electrification and the adoption of electric vehicles continues to rise, there is a growing need for catalyst technologies tailored for EVs. While EVs produce zero tailpipe emissions during operation, there is still a demand for catalysts in the manufacturing processes of EV components, such as battery production and charging infrastructure. Additionally, catalysts are used in the production of fuel cells, which are a key technology in hydrogen-powered vehicles. By expanding their product offerings to include catalyst technologies for EVs and fuel cells, manufacturers in the Automotive Catalyst Market can capitalize on the growing demand for clean energy solutions and position themselves for future growth in the evolving automotive industry landscape.

Automotive Catalyst Market Segmentation

By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa

Automotive Catalyst Companies

BASF SE
Clariant AG
Clean Diesel Technologies Inc
Cummins Inc
Eberspächer Gruppe GmbH & Co. KG
Ecocat India Pvt. Ltd
Johnson Matthey plc
Klarius Products Ltd
Tenneco Inc
Umicore N.V.
*- List not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Automotive Catalyst Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Automotive Catalyst Market Size Outlook, $ Million, 2021 to 2030
3.2 Automotive Catalyst Market Outlook by Type, $ Million, 2021 to 2030
3.3 Automotive Catalyst Market Outlook by Product, $ Million, 2021 to 2030
3.4 Automotive Catalyst Market Outlook by Application, $ Million, 2021 to 2030
3.5 Automotive Catalyst Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Automotive Catalyst Industry
4.2 Key Market Trends in Automotive Catalyst Industry
4.3 Potential Opportunities in Automotive Catalyst Industry
4.4 Key Challenges in Automotive Catalyst Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Automotive Catalyst Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Automotive Catalyst Market Outlook by Segments
7.1 Automotive Catalyst Market Outlook by Segments, $ Million, 2021- 2030
By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

8 North America Automotive Catalyst Market Analysis and Outlook To 2030
8.1 Introduction to North America Automotive Catalyst Markets in 2024
8.2 North America Automotive Catalyst Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Automotive Catalyst Market size Outlook by Segments, 2021-2030
By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

9 Europe Automotive Catalyst Market Analysis and Outlook To 2030
9.1 Introduction to Europe Automotive Catalyst Markets in 2024
9.2 Europe Automotive Catalyst Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Automotive Catalyst Market Size Outlook by Segments, 2021-2030
By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

10 Asia Pacific Automotive Catalyst Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Automotive Catalyst Markets in 2024
10.2 Asia Pacific Automotive Catalyst Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Automotive Catalyst Market size Outlook by Segments, 2021-2030
By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

11 South America Automotive Catalyst Market Analysis and Outlook To 2030
11.1 Introduction to South America Automotive Catalyst Markets in 2024
11.2 South America Automotive Catalyst Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Automotive Catalyst Market size Outlook by Segments, 2021-2030
By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

12 Middle East and Africa Automotive Catalyst Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Automotive Catalyst Markets in 2024
12.2 Middle East and Africa Automotive Catalyst Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Automotive Catalyst Market size Outlook by Segments, 2021-2030
By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
BASF SE
Clariant AG
Clean Diesel Technologies Inc
Cummins Inc
Eberspächer Gruppe GmbH & Co. KG
Ecocat India Pvt. Ltd
Johnson Matthey plc
Klarius Products Ltd
Tenneco Inc
Umicore N.V.

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Metal
Platinum
Palladium
Rhodium
Others
By Engine
Gasoline engine
Diesel engine
By Vehicle
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)