Emission Control Catalyst Market is expected to reach $16.3 Billion by 2025 – An exclusive market research report by Lucintel

Emission Control Catalyst Market is expected to reach $16.3 Billion by 2025 - An exclusive market research report by Lucintel

“Trends and Forecast for the Global Emission Control Catalyst Market”
Trends, opportunities and forecast in emission control catalyst market to 2025 by segments by application (transportation, industrial, and others), metal (palladium, platinum, rhodium, and others), vehicle type (light-duty vehicles and heavy-duty vehicles), fuel type (diesel vehicles and gasoline vehicles), mobility (mobile emission control catalyst and stationary emission control catalyst), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that emission control catalyst provides attractive opportunities in transportation, industrial, marine, and locomotive/rail industries. The emission control catalyst market is expected to reach $16.3 billion by 2025 with a CAGR of 3.9%. In this market, palladium is the largest segment by metal type, whereas transportation is largest by application. The increasing demand for new cold start concept catalyst and increasing usage of four-way catalysts provides strategic growth path in this market.

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Based on metal type, the emission control catalystmarket is segmented into palladium, platinum, rhodium, and others. The palladium segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to excellent catalytic properties such as low cost, high melting point, high density, and corrosion & oxidation resistance.

Browse in-depth TOC on “Emission Control Catalyst Market”

100 – Tables

132 – Figures

207 – Pages

The emission control catalyst market is marked by the presence of several big and small players. Some of the prominent players offering emission control catalyst include BASF SE, Johnson Matthey Pic., Umicore N.V., Corning Incorporation and others.  

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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