Emission Control Catalysts Market Size (2024 - 2029)

The emission control catalysts market is projected to expand steadily over the forecast period, driven primarily by the implementation of stringent emission regulations. Despite potential setbacks due to the COVID-19 pandemic, the market's growth trajectory remains positive. The platinum segment is anticipated to lead the market, with the Asia-Pacific region, particularly China, ASEAN countries, and India, accounting for the largest share of consumption.

Home Market Analysis Chemicals & Materials Research Chemical Technologies Research Catalysts Research Emission Control Catalysts Research Emission Control Catalysts Market Market Size

Market Size of Emission Control Catalysts Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
emission control catalysts market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

emission control catalyst market growth

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Emission Control Catalysts Market Analysis

The market for emission control catalysts is expected to witness a CAGR of around 5% during the forecast period. One of the major factor driving the growth of the market is the enactment of stringent emission norms.

  • Impact of COVID-19 pandemic is likley to hinder the growth of the market studied.
  • By metal, platinum segment is likely to dominate the market studied through the forecast period.
  • Asia-Pacific dominated the market with the largest consumption coming from China, ASEAN Countries, and India.

Emission Control Catalysts Industry Segmentation

The emission control catalyst market report includes:

Metal
Platinum
Palladium
Rhodium
Other Metals
Application
Mobile Emission Control Catalysts
Stationary Emission Control Catalysts
End-user Industry
Automotive
Industrial
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Emission Control Catalysts Market Size Summary

The emission control catalysts market is poised for steady growth, driven primarily by the implementation of stringent emission regulations. The market is characterized by the dominance of the platinum segment, which is favored for its ability to enhance combustion and reduce emissions, particularly in diesel applications. Platinum's high melting point, excellent oxidation activity at low temperatures, and effectiveness against sulfur compounds make it a preferred choice across various industries, including automobiles, refineries, and chemical processing plants. The Asia-Pacific region, led by China, ASEAN countries, and India, holds a significant share of the market, with China being a major hub for chemical processing and automotive manufacturing. Despite the challenges posed by the COVID-19 pandemic, which has impacted economic growth and manufacturing activities, the demand for emission control catalysts is expected to recover, supported by initiatives like 'Made in China 2025' and the 'Automobile Mid and Long-Term Development Plan.'

The global emission control catalysts market is partially consolidated, with a few key players such as Clariant, BASF SE, Evonik Industries AG, Johnson Matthey, and Umicore holding a substantial share. These companies are instrumental in driving innovation and meeting the growing demand for emission control solutions across various sectors. The market's growth trajectory is influenced by the increasing need for pollution control and the adoption of advanced manufacturing processes. As industries continue to expand, particularly in emerging economies, the demand for efficient and effective emission control catalysts is expected to rise, ensuring compliance with environmental standards and contributing to sustainable industrial practices.

Explore More

Emission Control Catalysts Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Enactment of Stringent Emission Norms

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Impact of COVID-19 Pandemic

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Metal

      1. 2.1.1 Platinum

      2. 2.1.2 Palladium

      3. 2.1.3 Rhodium

      4. 2.1.4 Other Metals

    2. 2.2 Application

      1. 2.2.1 Mobile Emission Control Catalysts

      2. 2.2.2 Stationary Emission Control Catalysts

    3. 2.3 End-user Industry

      1. 2.3.1 Automotive

      2. 2.3.2 Industrial

      3. 2.3.3 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 Asia-Pacific

        1. 2.4.1.1 China

        2. 2.4.1.2 India

        3. 2.4.1.3 Japan

        4. 2.4.1.4 South Korea

        5. 2.4.1.5 ASEAN Countries

        6. 2.4.1.6 Rest of Asia-Pacific

      2. 2.4.2 North America

        1. 2.4.2.1 United States

        2. 2.4.2.2 Canada

        3. 2.4.2.3 Mexico

      3. 2.4.3 Europe

        1. 2.4.3.1 Germany

        2. 2.4.3.2 United Kingdom

        3. 2.4.3.3 Italy

        4. 2.4.3.4 France

        5. 2.4.3.5 Russia

        6. 2.4.3.6 Rest of Europe

      4. 2.4.4 South America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

        3. 2.4.4.3 Rest of South America

      5. 2.4.5 Middle-East and Africa

        1. 2.4.5.1 Saudi Arabia

        2. 2.4.5.2 United Arab Emirates

        3. 2.4.5.3 South Africa

        4. 2.4.5.4 Rest of Middle-East and Africa

Emission Control Catalysts Market Size FAQs

The Emission Control Catalysts Market is projected to register a CAGR of less than 5% during the forecast period (2024-2029)

Clariant, Umicore, Johnson Matthey, Evonik Industries AG and BASF SE are the major companies operating in the Emission Control Catalysts Market.

Emission Control Catalysts Report Snapshots

Emission Control Catalysts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)