Emission Control Catalyst Market Size, Share and Forecast 2014 – 2021
The emission control catalyst market has been segmented based on applications such as automotive, industrial and others. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2015 to 2021.
Emission control catalysts are compounds that help to control pollutants in automotives. In industrial machinery it is used to control pollutants which are released into the environment and affect the smooth working of the system. The significance of this market has increased globally in the recent years with increase in measures taken to reduce pollution. Platinum is considered as the most active catalyst, but it is not apt for all applications due to the unwanted additional reactions and high costs. Palladium and rhodium are the other two precious metals used. Rhodium is a reduction catalyst and palladium is an oxidation catalyst. Platinum can be used as both reduction and oxidation catalyst. The emission control catalysts industry is growing due to awareness formed for environment concerns.
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This report examines the global emission control catalyst market and provides information regarding the revenue (USD Million) and volume (000 Ounce) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
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1. Strict emission regulations due to growing concern over environmental pollution
2. Adaptation of emission standards by China and other Asia-pacific countries
3. Upsurge in the use of automotive diesel engines is set to grow the demand for diesel oxidation
1. Depends on temperature for performance
2. Becomes less active by increased proportion of poisoning elements in pollutants
3. Risks for secondary emissions
Market Report Analysis :
Emission control catalyst market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The emission control catalyst market has further been segmented based on types such as palladium, platinum, rhodium and others. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2015 to 2021. Each type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
Best Region Of Markets :
In terms of geography, the emission control catalyst market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as BASF Catalysts LLC, Johnson Matthey, Solvay S.A., Umicore SA, Corning Incorporated, and Clariant Corporation. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players.
SEGMENTATIONS IN REPORT :
A. Emission Control Catalyst By Type :
B. Emission Control Catalyst By Applications :
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