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.
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).
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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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