Global Diesel Engine Catalyst Market Growth Fueled by Stringent Emission Regulations

 

Diesel engine catalysts are used in diesel engines for controlling the nitrous oxide emissions and operating with a lean burn rate. Rollout of new emission regulations have led to development of new catalytic formulations for controlling carbon monoxide and hydrocarbon emissions. The global diesel engine catalyst market report by Market Research Future (MRFR) focuses on pertinent factors and challenges to be faced by the industry for the period of 2019 to 2025 (forecast period). The COVID-19 pandemic and its implications on the industry are explored in the full report.

Market Scope

The global diesel engine catalyst market is estimated to register 7.36% CAGR during the forecast period. This is attributed to availability of low-cost and technologically advanced catalysts and efforts to curb NoX and HC emissions. Conversion of diesel particulate matter and development of pollutant control devices can bolster the market demand. Recently, the researchers at the University of the Basque Country have proposed the use of pervoskites in development of catalytic converters for reducing emission rates.

But the rise of battery-fueled vehicles can pose a large threat to the market.

Get a FREE Report Sample - https://www.marketresearchfuture.com/sample_request/8320

Segmentation

On the basis of technology, the global diesel engine catalyst market is segmented into diesel oxidation catalysts (DOC), diesel particulate filters (DPF), selective catalytic reduction (SCR), and others. The diesel oxidation catalysts (DOC) segment is expected to dominate the market due to easy to installation and low maintenance. Emphasis on lowering particulate matter (PM) rates on highways and roads can drive the segment demand during the forecast period. On the other hand, the SCR segment can receive demand over the assessment period owing to the use of a liquid-reductant agent for selectively reducing nitrogen oxide.

On the basis of application, the global diesel engine catalyst market is segmented into on-road and off-road. The on-road segment is expected to hold the maximum market share.  The increasing sale of commercial vehicles and passenger vehicles globally and the recent developments in diesel engine catalyst technology are expected to drive the on-road segment in the global market during the forecast period.

On the basis of sales channel, the global diesel engine catalyst market is segmented into OEM and aftermarket. The OEM segment is expected to hold the maximum market share as major automotive manufacturing companies are working on achieving minimum emission levels for a adhering to recent and upcoming vehicle emission standards all over the world. Furthermore, various benefits offered by OEM diesel engine catalysts such as better quality, high lifespan, and warranty are anticipated to drive the demand for OEM diesel engine catalysts during the forecast period.

Regional Analysis

Asia Pacific is expected to witness an excellent growth in the diesel engine catalyst market owing to the new emission standards regulated by the government. The automotive industry in the region is growing at a fast pace due to the increase in automotive sale and production in developing nations such as China and India. Increased sales of automobiles and constant efforts taken by the government to reduce gas emissions are expected to fuel the market demand for diesel engine catalyst during the forecast period. China is one of the major producers of diesel engine catalysts. The diesel engine catalysts in the region have various applications and the market has been growing at a significant pace in the past few years. The other prominent factors leading to the growth of the diesel engine catalyst market in China are the increase in manufacturing companies, rising government regulations towards energy efficient transportation, and the high demand for commercial vehicles.

North America is poised to gain a large share of the global diesel engine catalyst market over the forecast period owing to efforts by environmental protection agencies for developing stringent emission standards. An instance is the Cleaner Trucks initiative that is deemed to lower emissions in commercial vehicles.

Competitive Outlook

Umicore N.V., Johnson Matthey, Nett Technologies Inc., SANGO Co., Ltd, CDTi Advanced Materials, Inc., Eberspächer, Magneti Marelli S.p.A., BASF SE, Continental AG, and Perkins Engines Company Limited are key players of the global diesel engine catalyst market.

Get a FREE Report Sample - https://www.marketresearchfuture.com/sample_request/8320

Key Questions Addressed by the Report

  • What was the historic market size?
  • Which segmentation (Product/ Capacity) is driving market?
  • What will be the growth rate?
  • How are the key players in this market?
  • What are the strategies adopted by key players?

TABLE OF CONTENTS

 

1 EXECUTIVE SUMMARY

 

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

 

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

 

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com

 

Browse Complete Report - https://www.marketresearchfuture.com/reports/diesel-engine-catalyst-market-8320

 

 

Comments

Post a Comment

Popular posts from this blog

Automotive Shock Absorber Market Demand, Analysis, Forecast to 2020-2025

  Market Scope Automotive shock absorbers market has significant growth scope and is estimated to reach USD 70.2 billion by 2025. The reports forecast the automotive shock absorbers market by shock absorbers type, vehicle type, and region. It highlights COVID-19 impact on the automotive shock absorbers industry.   Description   Automotive Shock Absorbers Market: by Type (Air Shock Absorber, Damper Shock Absorber, Conventional Telescopic Shock Absorbers, Strut Type Shock Absorbers, and Spring Seat Shocks), by Vehicle Type (Two-wheeler, Commercial Vehicle, and Passenger Car), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)   Get Free Sample Copy@  https://www.marketstatsville.com/request-sample/automotive-shock-absorbers-market1-test-new1   The automotive shock absorbers market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective mark...
Read more

Global Conveyor System Market to Roll on till 2022 Owing to Optimization of Internal Processes in Warehouses

  Conveyor systems are mechanical systems able to transport materials within the factory premises from one location to another. They are popular in mining, manufacturing, material handling, and packaging industries due to being handy in transporting sharp items and mass-produced items. Market Research Future (MRFR) estimates projections on growth and revenue on the global conveyor systems market for the period of 2016 to 2022 (forecast period). The COVID-19 pandemic and its impact have been included in the full report. Market Scope The global conveyor systems market is anticipated for fabulous growth over the forecast period owing to applications in various end-use industries. Rise in factory automation and massive construction projects can drive the market demand till 2022. Emphasis on physical distancing and need for safe handling of materials within company premises can drive the demand for conveyor systems. Rapid industrialization and inclination of ecommerce firms towards ...
Read more

Global Semi-Autonomous Vehicle Market Share to witness an economic disruption caused by COVID 19

  Market Synopsis The focus on vehicle safety to reduce the number of road accidents and associated deaths and the regulations incorporating safety features in vehicles are factors driving the global Semi-Autonomous Vehicle Market Size     during the forecast period. Furthermore, the increase in demand for efficient driving experience, the need for better fuel efficiency and the increased integration of advanced technology in the automotive sector are expected to contribute to market growth. The semi-autonomous market size of vehicles can however be hindered by the greater price of semi-autonomous vehicles and the lack of information technology , communication infrastructure in emerging countries. Increasing demand for connected cars during the forecast period is expected to create an opportunity for the global semi-autonomous vehicle industry. Over the forecast period , the global Semi-Autonomous Vehicle Market   Trends is expected to experience rapid growth , dri...
Read more