Tag Archives: automotive catalyst

Palladium segment is estimated to account for the largest share of the automotive catalyst market in 2018

The Automotive Catalyst Market is estimated to be USD 12.35 billion in 2018 and is projected to reach USD 15.73 billion by 2023, at a CAGR of 5.0% from 2018 to 2023. This growth can be attributed to the increasing demand for automotive catalysts for use in passenger cars and light commercial vehicles across the globe. In addition, the tightening of ****** emission standards and increasing stress on fuel efficiency is further anticipated to fuel demand in the automotive catalyst market.