The surface of automotive catalysts is very large and the average internal surface area in carious catalyst convertor is equal to the size of three football fieldsIn the last several years, the automotive catalysts industry got a large development due to the stricter automotive emission standard.
In 2015, the global capacity of automotive catalyst is about 220 million liters and the actual production is expected to be 187 million liters.Europe is still the largest supplier with top 3 manufacturers set headquarters there and the largest consumption market with a large vehicle population.
China is followed, with fast developed automotive industry.
Though USA also has a large vehicle population, the consumption is not much as Europe, due to the large share of low duty vehicles.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-automotive-catalyst-2019-2024-672Â Â Â According to this study, over the next five years the Automotive Catalyst market will register a 6.7% CAGR in terms of revenue, the global market size will reach US$ 19800 million by 2024, from US$ 14300 million in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Catalyst market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Catalyst value and volume generated from the sales of the following segments:Â Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.