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Get Sample PDF Copy of this report: https://www.alliedmarketresearch.com/request-sample/1843<br><br>The Global Automotive Catalytic Converter Market size is expected to reach $183.4 billion by 2022, registering a CAGR of 7.7% from 2016 to 2022. Automotive catalytic converter reduces the emissions in the automobiles by removing toxic compounds such as carbon monoxide, nitrogen oxide, and hydrocarbon from the exhaust system of vehicles.
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Automotive Catalytic Converter Market Automotive Catalytic Converter Market by Type (Two-Way Oxidation Catalytic Converter, Three-Way Oxidation- Reduction Catalytic Converter, and Diesel Oxidation Catalyst), Catalyst (Platinum, Palladium, and Rhodium) - Global Opportunity Analysis and Industry Forecast, 2014-2022 Get PDF Sample copy of this report: https://www.alliedmarketresearch.com/request-sample/1843 For more information, click here: https://www.alliedmarketresearch.com/automotive-catalytic- converter-market
Automotive Catalytic Converter Market Current and Future Market Scenario • Automotive Catalytic Converter Market is estimated to reach $183.4 billion by 2022, states Allied Market Research. • Automotive Catalytic Converter Market will grow at a prominent CAGR of 7.7% from 2016 to 2022. • In the year 2015, Europe dominated the global market and contributed over 30% of the overall market and anticipated to continue the lead during the forecast period.
Automotive Catalytic Converter Market Factors Contributing to Market Growth The significant impacting factors include increase in global sales of automobiles. Stringent emission norms to control increase in pollution fuels the market growth, creating new opportunities. Increase in popularity of electric & hybrid vehicles and high R&D cost hampers the market growth. However, each factor is projected to have its definite impact on the market during the forecast period.
Automotive Catalytic Converter Market Market Segments Catalyst Type Region Platinum North America Two-Way Oxidation Catalytic Converter Palladium Europe Rhodium Asia-Pacific Tipper Diesel Oxidation Catalyst LAMEA Flatbed
Automotive Catalytic Converter Market Dominating Segments • Diesel oxidation catalyst is expected to witness a fast-paced growth rate of over 8% and is projected to contribute second largest share under by type segment. • Palladium accounts for the second largest share in automotive catalytic converter market catalyst and it is expected to have considerably high growth rate as compared to others in the segment. • LAMEA is anticipated to grow at a faster rate during the forecast period.
Automotive Catalytic Converter Market Region Overview • The global market is segmented into North America, Europe, Asia-Pacific and LAMEA. • Europe leads the global Automotive Catalytic Industry, accounting for majority of the total market share by revenue. • LAMEA is estimated to grow at a faster rate with over 8% CAGR, owing to the presence of nations with high opportunities.
Automotive Catalytic Converter Market Leading Players • The leading players of the Automotive Catalytic Converter Market are Faurecai SA, BASF Catalysts LLC, Eberspaecher GmbH Holding & Co., Magneti Marelli S.P.A, Tenneco Inc., Benteler International AG, Calsonic Kansei Corporation, SMPE Ltd., and Clean Diesel Technologies Inc.
“ A report titled “Automotive Catalytic Converter Market - Opportunities and Forecasts, 2016 – 2022” has been recently published by Allied Market Research. The report makes close observations of pipeline structure for end-to-end Automotive Catalytic Converter Market around the world. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective. ” To know more about the Automotive Catalytic Converter Market report: https://www.alliedmarketresearch.com/automotive-catalytic-converter-market Follow us on Thank You