Emission Control Catalyst Market Analysis: projected to grow at a CAGR of 7.2% during the expected period from 2019 to 2027

The global emission control catalyst market is growing proficiently, projected to grow at a CAGR of 7.2% during the expected period from 2019 to 2027, starting from US$ 17.28 Bn in 2018.

Market Insights

“Growing demand attributed by tightening government legislation and adoption towards advanced technologies will upgrade the market growth during the forecast period”

The growing concern about the consequences of air pollution has led to the production of new emission-free vehicles to reduce emissions. Aided by the adoption of cleaner fuels, improvements in advanced materials are synchronized by advancements in both automotive and engineering engines, which emit very low emissions. In order to harmonize the global emission standards, regulatory authorities from developed economies like the U.S., and UK have streamlined numerous engine development mechanism and approvals such as “The Clean Air Act”, “MACT Standards”, and “UNECE Convention on Long Range Transboundary Air Pollution”. This facilitates an improved air quality whilst economy of scale and scope, thereby reducing a significant cost for emission technologies that will expand the emission control catalyst market on a global scale.

Improved technical advances, such as the introduction of catalytic converters for the reduction of hydrocarbon and carbon monoxide emissions from gasoline vehicles, will fuel the emissions control catalyst economy in the coming years. Moreover, adoption of advanced catalyst technologies like diesel particulate filter (DPF), selective catalytic reduction (SCR), three-way catalyst (TWC), and NOx reduction and storage catalysts will up surge the market growth on a global scale.

Growing industrialization and production of automobiles coupled with presence of top manufacturers across the globe will enhance the market

Growing automotive production in developing economies, such as India, Japan, Mexico, and China, due to favorable government policies and increasing consumer demand for vehicles, is likely to expand the market for emission control catalysts over the next few years. In addition, huge growth in the automotive and industrial sectors is projected to fuel market growth. Moreover, presence of top automobile manufacturers and industrial players have increased their research & development (R&D), and investments towards manufacturing of catalytic converter systems. This trend is likely to play a vital role in driving the need for the use of emission control catalysts in both the industrial and automotive industries over the forecast period. For example, in October 2018, Bharat Heavy Electricals Limited (BHEL) won a contract of approximately US$ 390 million from the National Thermal Power Corporation (NTPC) to supply emission control equipment.

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Industrial Developments

In December 2019, DRYREF™ syngas of Linde and BASF’s SYNSPIRE™ catalyst use CO2 as a feedstock, which enables the production of dry methane steam, thereby, reducing the CO2 emissions along with energy savings. Both companies have received the appreciation of “ICIS Award 2019”, towards best process innovation.

In June 2019, BASF and Sichuan Lutianhua Co., Ltd. signed a memorandum of understanding (MoU) for developing a gas production plant, which involved in reduction of carbon emissions along with increase the production efficiency of dimethyl ether (DME) as compared to conventional process.

Key Market Movements:

Globally, the emission control catalyst market is rising at a CAGR of 7.2% for the estimated period from 2019 to 2027.

Asia Pacific to holds a largest market share for emission control catalyst market over the forecast period. Additionally, increasing investments in industrial and automobile sector, growing consumer purchasing power, and presence of emerging countries like China, Japan, and India will expand the market growth across the region.

The Europe is likely to witness a substantial growth for emission control catalyst market in between 2019–2027. The tenacious rise in European Union (EU) standards for pollution control, adoption for new technologies will drive the market for paints & coating additives.

However, growing urbanization, rapid expansion of automotive industries, and favorable government policies across the regions will drive the overall demand.

List of Companies Covered:

  • Nett Technologies Inc.
  • BASF Catalyst
  • Johnson Matthey PLC
  • Umicore
  • Tenneco Inc
  • Clariant AG
  • Cataler Corp
  • Haldor Topsoe A/S
  • Aristo Intelligent Catalyst Technology
  • DCL International Inc.
  • Hitachi Zosen Corp
  • NGK Insulators Ltd
  • Sinocat Environmental Technology Co., Ltd.
  • Zeolyst International
  • Solvay SA
  • Others

Table of content:

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Emission Control Catalyst (ECC) Market
2.2. Global ECC Market, by Metal Type, 2018 (US$ Bn)
2.3. Global ECC Market, by Converter Type, 2018 (US$ Bn)
2.4. Global ECC Market, by Application, 2018 (US$ Bn)
2.5. Global ECC Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global ECC Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Emission Control Catalyst (ECC) Market, by Metal Type , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Palladium
4.3. Platinum
4.4. Rhodium
4.5. Others

5. Global Emission Control Catalyst (ECC) Market, by Converter Type , 2017-2027 (US$ Bn)
5.1. Overview
5.2. Diesel Oxidation Catalyst
5.3. Lean Nox Trap
5.4. Two Way
5.5. Three Way
5.6. Others

6. Global Emission Control Catalyst (ECC) Market, by Application, 2017-2027 (US$ Bn)
6.1. Overview
6.2. Industrial
6.3. Automotive
6.4. Chemical
6.5. Oil & Gas
6.6. Others (Mining, Power, etc.)

7. North America Emission Control Catalyst (ECC) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. North America ECC Market Value and Growth, 2017-2027, (US$ Bn)
7.2. North America ECC Market Value, By Metal Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. North America ECC Market Value, By Converter Type, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. North America ECC Market Value, By Application, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.5. North America ECC Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America

8. Europe Emission Control Catalyst (ECC) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Europe ECC Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Europe ECC Market Value, By Metal Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Europe ECC Market Value, By Converter Type, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Europe ECC Market Value, By Application, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.5. Europe ECC Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe

9. Asia Pacific Emission Control Catalyst (ECC) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Asia Pacific ECC Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Asia Pacific ECC Market Value, By Metal Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Asia Pacific ECC Market Value, By Converter Type, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Asia Pacific ECC Market Value, By Application, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Asia Pacific ECC Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific

10. Rest of the World Emission Control Catalyst (ECC) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Rest of the World ECC Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Rest of the World ECC Market Value, By Metal Type, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Rest of the World ECC Market Value, By Converter Type, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Rest of the World ECC Market Value, By Application, 2017-2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Rest of the World ECC Market Value, By Region, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America

11. Company Profiles
11.1. Nett Technologies Inc.
11.2. BASF Catalyst
11.3. Johnson Matthey PLC
11.4. UMICORE GRP/ADR
11.5. Tenneco Inc
11.6. Clariant AG
11.7. Cataler Corp
11.8. Haldor Topsoe A/S
11.9. Aristo Intelligent Catalyst Technology
11.10. DCL International Inc.
11.11. Hitachi Zosen Corp
11.12. NGK Insulators Ltd
11.13. Sinocat Environmental Technology Co., Ltd.
11.14. Zeolyst International
11.15. Solvay SA

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