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Automotive Catalytic Converter Market Worth 143.4 Million Units by 2019








DALLAS, February 4, 2015 /PRNewswire/ –

The report Automotive Catalytic Converter Market by Type (TWC, SCR, DOC, LNT and LNC), by Region (North America, Europe, Asia-Oceania, and ROW), by Material (Platinum, Palladium, Rhodium, Others) – Global Forecast Analysis to 2019, defines and segments of a automotive catalytic converter marketplace with investigate and foresee for a tellurian marketplace by volume and value.

Browse 68 marketplace information tables and 46 total widespread by 220 pages and in-depth TOC on Automotive Catalytic Converter Market

http://www.marketsandmarkets.com/Market-Reports/catalytic-converter-systems-market-128255548.html

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The tellurian marketplace volume for Automotive Catalytic Converter is projected to strech 143.39 Million units by 2019.

Asia-Oceania: Upcoming glimmer norms would expostulate a market 

The Asia-Oceania segment comprises of countries such as China, India, South Korea, and Japan. The segment is dominated by building countries such as India and China where a automotive attention is flourishing during a poignant pace. Upcoming glimmer norms and flourishing car sale and prolongation would boost a direct for catalytic converters. Rising series of car prolongation comforts due to low cost of prolongation in building countries, augmenting prolongation capacity, and flourishing direct for light and complicated vehicles is pushing a marketplace for automotive catalytic converters in these countries. The automotive catalytic converter marketplace for a Asia-Oceania segment is projected to grow during a CAGR of 8.6% from 2014-2019.

Europe: Potential marketplace in Eastern Europe 

Western Europe is a grown marketplace for a automotive industry. However, arriving Euro V and Euro VI glimmer standards would expostulate a direct for catalytic converters in Eastern and Western Europe. The concentration of ‘Euro IV’ customary is on shortening CO monoxide; however ‘Euro 5′ needs particulate filters in diesel engines, while ‘Euro 6′ final some-more rebate in other poisonous gases. Manufacturers are environment adult their consistent plants and RD centers in a Eastern European countries such as The Netherlands, and Russia since of a flourishing intensity in a nearby future. The European automotive catalytic converter marketplace is projected to grow during a CAGR of 6.4% from 2014-2019.

North America: Growth event in Canada and Mexico 

The grown automotive North American segment comprises of countries such as a U.S., Canada, and Mexico. It is also an automotive heart for many OEMs including General Motors, Chrysler, and Ford Motors. OEMs are entering into partnership with vital catalytic converter manufacturers. Countries such as Mexico and Canada, where a automotive attention is flourishing in new times would expostulate a direct for automotive catalytic converters in a North American region. OEMs are penetrating on curtailing a problem of wickedness and decrease of glimmer norms. In North America, Corporate Average Fuel Economy (CAFÉ) and other glimmer standards being followed are homogeneous to a European glimmer standards. The North American automotive catalytic converter marketplace is projected to grow during a CAGR of 7.5% from 2014-2019.

The news covers a tellurian automotive catalytic converter marketplace in terms of volume (number of units) and value ($million) opposite regions such as Asia-Pacific, Europe, North America, and Rest of a World (ROW). It explains qualitative and quantitative aspects of automotive catalytic converter market. The news quickly explains a automotive catalytic converter marketplace on a basement of region, product, and car form from 2014- 2019.

The news also includes investigate of value chain, Porter’s Five Forces analysis, PEST analysis, a rival landscape, and association profiles. In further to this, 10 pivotal players of a automotive catalytic converter attention have also been profiled.

Make an Inquiry:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=128255548

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