The global Automotive Catalytic Converter market was valued at 1554.77 Million USD in 2021 and will grow with a CAGR of 2.81% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

An automotive catalytic converter is a device that uses a catalyst to convert three harmful compounds in car exhaust into harmless compounds. It is a stainless steel box mounted in the exhaust system. Inside is the auto catalyst - a ceramic or metallic substrate with an active coating incorporating chemical compounds (the washcoat) to support a combination of catalytical materials or minerals selected for their effectiveness in the required emissions reductions.The global average price of automotive catalytic converters is in the decreasing trend, from 128.3 USD/Unit in 2011 to 121.3 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of automotive catalytic converters includes three-way converter, two-way converter and other type, and the proportion of three-way converter in 2015 is about 83%. Automotive catalytic converters are widely used in passenger vehicle and commercial vehicle. The most proportion of automotive catalytic converters is used for passenger vehicle, and the consumption proportion in 2015 is about 75%. China region is the largest supplier of automotive catalytic converters, with a production market share nearly 28% in 2015. Europe is the second largest supplier of automotive catalytic converters, enjoying production market share nearly 26% in 2015. China is the largest consumption place, with a consumption market share nearly 26% in 2015. Following China, Europe is the second largest consumption place with the consumption market share of 23%. Market competition is intense. Faurecia, Sango, Eberspacher, Katcon, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

By Market Verdors:

Faurecia

Sango

Eberspacher

Katcon

Tenneco

Boysen

Benteler

Sejong

Calsonic Kansei

Bosal

Yutaka

Magneti Marelli

Weifu Lida

Chongqing Hiter

Futaba

Liuzhou Lihe

Brillient Tiger

Tianjin Catarc

By Types:

Two-Way Converters

Three-Way Converters

By Applications:

OEM Market

Replacement Market

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements