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Catalytic Converter Market worth 55.16 Billion USD by 2021

The catalytic converter market is driven by factors such as stringent emission and fuel efficiency regulations around the globe as well as rising vehicle production, sales, and parc. The catalytic converter market was estimated to be USD 37.45 Billion in 2016, and is projected to grow at a CAGR of 8.05% during the forecast period. The base year considered for the study is 2015, and the forecast period is 2016 to 2021.<br><br>https://www.marketsandmarkets.com/Market-Reports/catalytic-converter-systems-market-128255548.html

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Catalytic Converter Market worth 55.16 Billion USD by 2021

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  1. Analysis of catalytic converter market in global industry, technology, applications, growth and status 2021 Catalytic Converter Market is reach USD 55.16 Billion by 2021

  2. The catalytic converter market is driven by factors such as stringent emission and fuel efficiency regulations around the globe as well as rising vehicle production, sales, and parc. The catalytic converter market was estimated to be USD 37.45 billion in 2016, and is projected to grow at a CAGR of 8.05% during the forecast period. The base year considered for the study is 2015, and the forecast period is 2016 to 2021. https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=128255548 Download PDF Brochure

  3. Target audiencemanufacturers of the automotive catalytic converterraw material manufacturers of automotive catalytic converter componentstraders, distributors, and suppliers of automotive catalytic converter components or raw materialsregional manufacturer associationsautomotive oemsorganized and unorganized aftermarket suppliersautomotive catalytic converter recyclersgovernment’s national and regional environmental regulatory agencies or organizations https://www.marketsandmarkets.com/requestsampleNew.asp?id=128255548 Request for Sample Report

  4. Selective catalytic reduction (SCR) is projected to be the largest catalytic converter type”SCR is projected to dominate the catalytic converter market, in terms of value, by 2021. SCR is commonly used in diesel fueled vehicles. Asia-oceania and europe are the leading regions with the highest number of diesel powered vehicles, and hence, these regions are leading the global SCR market. Additionally, europe has implemented the euro 6 regulations, in which nox emission limits have been reduced to 0.08 g/kwh (light-duty diesel vehicles) from 0.18 g/kwh in euro 5.  https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=128255548 Speak to analyst

  5. Global players:The catalytic converter market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Faurecia SA (France), tenneco, inc. (U.S.), Eberspacher group (Germany), benteler international AG (Germany), and magnetimarelli S.P.A. (Italy). There are certain key innovators gaining attention in the catalytic converter market including amminex emissions technology (Denmark), toyota motor corporation (japan), and SDC materials (U.S.). Early buyers will receive 10% customization on reports. Get 10 % Free Customization

  6. Browse 90 market data tables and 61 figures spread through 164 pages and in-depth TOC on "catalytic converter market by type (three-way catalytic converter, selective catalytic reduction, diesel oxidation catalyst, and lean nox trap), material (platinum, palladium, rhodium), region, and aftermarket by region - global forecast to 2021“this study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments. https://www.marketsandmarkets.com/RequestBundleReport.asp?id=128255548 Request bundle reports

  7. MarketsandMarkets is the world’s no. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and smes at MarketsandMarkets are tracking global high growth markets following the "growth engagement model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=128255548 Buy Now

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441sales@marketsandmarkets.com

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