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Published bySakshi Bhargava Modified over 6 years ago
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Emission Control Catalyst Market Report 2016- 2021: Trends, Forecast and Competitive Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by Metal Type Platinum, palladium, rhodium, others Market Segments by End Use Industry Type Transportation, industrial, other Market Segments by Vehicle Type Light duty vehicle, heavy duty vehicle other Market Segments by Fuel Type White, others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies NameJohnson Matthey, BASF, and Umicore Trend Growth Rate and CAGR7.7% Key Industry Forecast The global emission control catalyst market is expected to reach an estimated $14.82 billion by 2021 and it is forecast to grow at a CAGR of 7.7% from 2016 to 2021 Key Industry Driver Driver: Growth for this market are stringent environmental policies adopted by various governments and environmental protection agencies combined with an increase in vehicle production and growth in industrial sectors. 2
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Industry Overview Market Size The global emission control catalyst market is expected to reach an estimated $14.82 billion by 2021 and it is forecast to grow at a CAGR of 7.7% from 2016 to 2021. Emerging trends, which have a direct impact on the dynamics of the emission control catalyst industry, include increasing demand for new cold start concept catalysts and increasing uses of the four way catalyst. Market Size (2021)$14.82 billion CAGR (2016-21)7.7% 3 Industry Performance : Forecast
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