Automotive catalysts are combination of certain chemicals,
metals and ceramics which are formulated into certain shapes/structures. This
product is installed in the exhaust systems of the vehicles specifically inside
the exhaust line situated between the engine and silencer. Global platinum automotive catalyst market
is expected to grow with a steady CAGR in the forecast period of 2019-2026. The
report contains data from the base year of 2018 and the historic year of 2017.
This rise in market value can be attributed to the high levels of production
and manufacturing of vehicles and effectivity of these products to
restrict/control the emissions of toxic gases from the vehicles. Top
Manufacturers Covered in the Report: INTERKAT Catalyst GmbH; Johnson
Matthey; CDTi Advanced Materials, Inc.; BASF SE; Royal Dutch Shell; Clariant;
Heraeus Holding; CATALER CORPORATION; Ecocat India Pvt. Ltd.; DEC; Magneti
Marelli S.p.A.; Tenneco Inc.; Umicore; Cummins Inc.; Eberspächer; N.E. CHEMCAT;
SINOCATA; IBIDEN; BOSAL and Klarius Products Ltd.
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Table of Content-
01: Executive Summary
02: Scope of The Report
03: Market Landscape
04: Market Sizing
05: Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
To
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Market Drivers:
·
Increasing costs of palladium metal that is
majorly utilized as an automotive catalysts due to which the rise in adoption
of platinum is forecasted; this factor is expected to positively affect the
growth of the market
·
Presence and applications of certain
environmental regulations posed by the authorities regarding the emissions of
automotive is expected to drive the growth of the market
·
Innovations and advancements in the technologies
of automotive catalysts such as nanotechnology in catalytic converters; this
factor is expected to drive the market growth
Market Restraints:
·
Rising adoption and preference of electric
vehicles that do not require the usage of automotive catalysts is expected to
restrain the growth of the market
·
High levels of costs associated with
platinum-based automotive catalysts is expected to restrain the growth of the
market
Competitive Analysis:
Global Platinum Automotive Catalyst Market
Global platinum automotive catalyst market is highly
fragmented and the major players have used various strategies such as new
product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market. The
report includes market shares of platinum automotive catalyst market for
global, Europe, North America, Asia-Pacific, South America and Middle East
& Africa.
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