Auto Catalysts Market Growth Analysis, Market Dynamics, Key Players and Innovations, Outlook and Forecast 2025-2031
The global Auto Catalysts market was valued at USD 11,154.62 million in 2023 and is estimated to decrease to USD 8,135.97 million in 2024. However, it is expected to reach USD 8,780.56 million by the end of 2030, growing at a CAGR of 1.28% between 2024 and 2030.
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Auto catalysts, also known as automotive catalytic converters, are emission
control devices that are installed in automobiles to reduce the emissions of
harmful gases, such as carbon monoxide (CO), nitrogen oxides (NOx), and
hydrocarbons (HCs).
North America market for Auto Catalysts is estimated to
increase from USD 3,057.14 million in 2023 to reach USD 2,192.51 million by
2030, at a CAGR of -0.47% during the forecast period of 2024 through 2030.
Europe market for Auto Catalysts is estimated to increase
from USD 4,299.62 million in 2023 to reach USD 3,427.31 million by 2030, at a
CAGR of 1.24% during the forecast period of 2024 through 2030.
China market for Auto Catalysts is estimated to increase
from USD 1,928.22 million in 2023 to reach USD 1,408.02 million by 2030, at a
CAGR of 1.07% during the forecast period of 2024 through 2030.
The major global manufacturers of Auto Catalysts include
BASF, Johnson Matthey, Umicore, Cataler, Tokyo Roki, N.E. Chemcat, Sinocat,
Wuxi Weifu Environmental Catalysts, and Sino-Platinum, etc. In 2023, the
world's top four vendors accounted for approximately 77.23 % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation
of the global market for Auto Catalysts, with both quantitative and qualitative
analysis, to help readers develop business/growth strategies, assess the market
competitive situation, analyze their position in the current marketplace, and
make informed business decisions regarding Auto Catalysts.
The Auto Catalysts market size, estimations, and
forecasts are provided in terms of output/shipments (K Liter) and revenue ($
millions), considering 2023 as the base year, with history and forecast data
for the period from 2019 to 2030. This report segments the global Auto
Catalysts market comprehensively. Regional market sizes, concerning products by
Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the
report provides profiles of the competitive landscape, key competitors,
and their respective market ranks. The report also discusses technological
trends and new product developments.
The report will help the Auto Catalysts manufacturers,
new entrants, and industry chain related companies in this market with
information on the revenues, production, and average price for the overall
market and the sub-segments across the different segments, by company, by Type,
by Application, and by regions.
Market Segmentation
By Company
- BASF
- Johnson
Matthey
- Umicore
- Cataler
- Sino-Platinum
- N.E.
Chemcat
- Wuxi
Weifu Environmental Catalysts
- Tokyo
Roki
- Sinocat
by Type
- Gasoline
Catalyst
- Diesel
Catalyst
- Natural
Gas Catalyst
by Application
- Passenger
Cars
- Commercial
Vehicles
Production by Region
- North
America
- Europe
- China
- Japan
Consumption by Region
- North
America
- U.S.
- Canada
- Asia-Pacific
- China
- Japan
- South
Korea
- Southeast
Asia
- India
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Latin
America
- Mexico
- Brazil
- Rest
of Latin America
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