Catalytic Converter Market to Reach $55.16 Billion by 2021 - By Type, Material & Region - Key Players are Faurecia SA, Tenneco, Eberspacher, Benteler & Magneti Marelli - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Catalytic Converter Market - Global Forecast to 2021" report to their offering.

The catalytic converter market is projected to grow at a CAGR of 8.05%, to reach a market size of USD 55.16 billion by 2021. The implementation of stringent emission norms globally and increasing vehicle production as well as parc are driving the catalytic converter original equipment (OE) market and aftermarket. Alternatively, growing demand for electric vehicles can undermine the demand for catalytic converters.

According to the analysis, passenger cars account for almost 74% of the total vehicle production globally. Therefore, the major demand for catalyst converters is generated by passenger car production. In addition, the demand for passenger cars is increasing, especially in emerging countries such as China and India. Also, the share of new gasoline-fueled passenger cars is increasing, as compared to diesel-fueled passenger cars. Therefore, the catalytic converter market for passenger cars is the largest market globally. The growth of this market can be attributed to increasing production and growing consumer preference for passenger cars.

The Asia-Oceania region leads the catalytic converter market, owing to increasing vehicle production in countries such as China and India. Further, the vehicle production in these countries is projected to grow at >6.0% CAGR during the period of next five years. This has led to the increased demand for catalytic converters in this region.

Companies Mentioned

  • Benteler International AG
  • Bosal International NV
  • Calsonic Kansei Corporation
  • Eberspacher Group
  • Faurecia SA
  • Futaba Industrial Co. Ltd.
  • Magneti Marelli S.P.A.
  • Sango Co.Ltd.
  • Tenneco Inc.
  • Yutaka Giken Co. Ltd.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Emission Regulations

7 Catalytic Converter Market, By Type

8 Catalytic Converter Market, By Material

9 Catalytic Converter Aftermarket, By Region

10 Catalytic Converter Market, By Region

11 Competitive Landscape

12 Key Innovators

13 Company Profiles

14 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/db5khm/catalytic

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Aftermarket, Exhaust Systems and Components

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Automotive Aftermarket, Exhaust Systems and Components