A recent report published by Infinium Global Research on automotive catalytic converter market provides in depth analysis of segments and sub-segments in global as well as regional markets of automotive catalytic converter market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of automotive catalytic converter over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global automotive catalytic converter market. According to report the global automotive catalytic converter market is projected to grow at a CAGR of 8.65% over the forecast period of 2017 - 2023.
Figure 1: Global Automotive Catalytic Converter Market by Value 2015 - 2023
The report on global automotive catalytic converter market covers segments such as type, materials, and end use. The type segments include two way catalytic converters, three way catalytic converters, and diesel oxidation catalytic converters. On the basis of materials the global automotive catalytic converter market is categorized into platinum, palladium, rhodium, and others. Furthermore, on the basis of end use the automotive catalytic converter market is segmented as passenger cars, light commercial vehicles, heavy commercial vehicles, and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Automotive Catalytic Converter Market by Region, CAGR %, 2017-2023
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.
The report provides profiles of the companies in the global automotive catalytic converter market such as, Faurecia, Tenneco, Benteler International AG, Magneti Marelli S.P.A, Eberspacher Group, Futaba Industrial Co. Ltd, Calsonic Kansei Corporation, Sango Co.Ltd., Yutaka Giken Co. Ltd., and others.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global automotive catalytic converter market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of automotive catalytic converter market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the automotive catalytic converter market that will impact the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the automotive catalytic converter market to understand the present and future trends in this market and formulate their strategies accordingly.
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