Automotive Catalytic Converter Market is Anticipated to Exceed CAGR of 4.41% During 2017-2021: Radiant Insights, Inc
About Automotive Catalytic Converter
An automotive
catalytic converter is a device that is placed inside the tailpipe of a
vehicle. The device controls the amount of toxic pollutants being released from
the exhaust pipe. It consists of precious metals (platinum and palladium) that
catalyze (accelerate the rate of) redox reaction (an oxidation and a reduction
reaction) that converts harmful exhaust gases to less toxic gases. Concerns
regarding rising levels air pollution and increase in the emission of
greenhouse gases by internal combustion engine vehicles are leading to the
stricter adoption and development of automotive catalytic converters.
The global
automotive catalytic converter market to decline at a CAGR of (4.41%) during
the period 2017-2021.
Covered in this report
The report covers
the present scenario and the growth prospects of the global automotive
catalytic converter market for 2017-2021. To calculate the market size, the
report presents a detailed picture of the market by way of study, synthesis,
and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Automotive
Catalytic Converter Market 2017-2021, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also
includes a discussion of the key vendors operating in this market.
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Key vendors
• Continental
Emitec
• Faurecia
• Magneti Marelli
• Tenneco
Other prominent vendors
• BASF
• Bekaert
• Calsonic Kansei
• Eberspacher
• Katcon
• MAHLE
• Wuxi Longsheng
Market driver
• Increasing
motorization in emerging countries
• For a full, detailed
list, view our report
Market challenge
• Increased wages
in China to restrict production of automotive catalytic converters
• For a full, detailed
list, view our report
Market trend
• High flow
automotive catalytic converter
• For a full,
detailed list, view our report
About
Radiant Insights
Radiant Insights is a
platform for companies looking to meet their market research and business
intelligence requirements. We assist and facilitate organizations and
individuals procure market research reports, helping them in the decision
making process. We have a comprehensive collection of reports, covering over 40
key industries and a host of micro markets. In addition to over extensive
database of reports, our experienced research coordinators also offer a host of
ancillary services such as, research partnerships/ tie-ups and customized
research solutions.
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Blog URL: http://www.radiantinsightsinc.blogspot.com
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