NewsOK: Oklahoma City News, Sports, Weather & Entertainment

Global Automotive Catalyst Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Dec 27, 2019--

The "Automotive Catalyst - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Automotive Catalyst market worldwide is projected to grow by US$4.6 Billion, driven by a compounded growth of 4.8%.

Platinum, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.8 Billion by the year 2025, Platinum will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$163.1 Million to the region's size and clout in the next 5 to 6 years. Over US$131.8 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Platinum will reach a market size of US$189.5 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.7% over the next couple of years and add approximately US$1.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

BASF SE Cataler Corporation Cummins, Inc. Heraeus Holding GmbH INTERKAT Catalyst GmbH Johnson Matthey PLC Tenneco, Inc. Umicore NV/SA

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares Automotive Catalyst Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 Automotive Catalyst - A Crucial Tool of Pollution Abatement Asia Pacific to Lead Market Growth with the Emergence of Leading Automobile Manufacturing Hubs Percentage (In %) Breakdown of Automobile Production in Asia-Pacific by Country for the Year 2018

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Tightening Automobile Emissions Norms Fuels Market Growth Global Overview of Emissions Legislation for Light Duty Vehicles for the Years 2018, 2022 & 2027 Emissions Target (In Grams per Mile) and Fuel Efficiency Target (In Miles per Gallon) Established by CAFE Standards for the Years 2018, 2021 & 2024 Table: Brief Overview of Euro Emissions Standards for Gasoline and Diesel Passenger Cars Stable Automobile Production Trends Significantly Influence Market Prospects Led by China, Steadily Expanding Global Vehicle Production Drives Demand in the Market: Global Light Vehicle Production (In Million Units) by Geographic Region/Country for the Years 2017, 2019, 2022 Growing Production of Light Duty Vehicles Establishes Demand for Palladium Enactment of China 6 Emissions Legislation to Drive Demand for Palladium: Breakdown of China PGM Demand (In 1,000 Ounces) in Light Duty Vehicles for the Years 2018, 2021 & 2023 Binding CO2 Emission Standards for Heavy Commercial Vehicles Augments Demand Robust Demand for Heavy Trucks in China Extends Opportunities for Automotive Catalytic Converters: Heavy Trucks Production Volume (in Units) in Asia Pacific Region by Country (2018) Class 3-8 Truck Sales (In 1,000 Units) in the US for the Years 2017, 2019 & 2021 Product Innovations Critical to Future Market Opportunities Adoption of Nanotechnology to Boost Catalytic Converter Efficiency Emerging Trend of Recycling Automotive Catalyst to Address Production Shortages Future Designs of Electric Vehicles without Catalytic Conversion Systems to Erode Demand Supply Volatility and Higher Prices Challenge Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures US Automotive Catalyst Market Share (in %) by Company: 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures European Automotive Catalyst Market: Competitor Market Share Scenario (in %) for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/p7pshl

View source version on businesswire.com:https://www.businesswire.com/news/home/20191227005170/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: GENERAL AUTOMOTIVE ENERGY AUTOMOTIVE OIL/GAS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 12/27/2019 09:14 AM/DISC: 12/27/2019 09:14 AM

http://www.businesswire.com/news/home/20191227005170/en

Associated Press

News from The Associated Press, and a taste of the great journalism produced by AP members and customers. Managed 24/7 by these editors: apne.ws/APSocial Read more ›

Comments