LONDON, July 6, 2015 /PRNewswire/ -- About Automotive Catalytic Converter
A catalytic converter is a device used to convert exhaust emissions such as CO, HC, and NOx into less harmful emissions such as CO2, water, and N2. Precious metals such as platinum, palladium, rhodium, and vanadium are used as a catalyst coat on the ceramic beads in the catalytic converter for the conversion. The automotive catalytic converters are highly priced because of the expensive nature of the precious metals. To meet the growing need for fuel economy and to comply with the stringent emissions norms, manufacturers are developing more efficient automotive catalytic converters. The rising demand for and sales of automobiles across the world contributes to the market growth.
Technavio's analysts forecast the global automotive catalytic converter market to grow at a CAGR of 6.94% over the period 2014-2019.


Covered in this Report
The global automotive catalytic converter market can be segmented into five divisions on the basis of type: three-way catalysts (TWC), lean NOx catalysts (LNC), lean NOx trap (LNT), selective catalytic reduction (SCR), and diesel oxidation catalyst (DOC). In addition, the market can be segmented into three divisions on the basis of material: platinum, palladium, and others (such as rhodium and vanadium).
Technavio's report, Global Automotive Catalytic Converter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, and EMEA; it also covers the global automotive catalytic converter market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.


Key Regions
- Americas
- APAC
- EMEA


Key Vendors
- Benteler International
- Eberspächer
- Faurecia
- Magneti Marelli
- Tenneco


Other Prominent Vendors

- AP Exhaust Products
- BASF Catalysts
- Bosal International
- Calsonic Kansei North America
- Clean Diesel Technologies
- Friedrich Boysen
- Harbin Airui Automotive Exhaust System
- Katcon
- Sango
- Sejong Industrial
- Yutaka Giken
Key

Market Driver
- Stringent Emission Standards
- For a full, detailed list, view our report
Key

Market Challenge
- Growing Demand and Penetration of EV
- For a full, detailed list, view our report
Key

Market Trend
- Advanced Four-way Catalytic Converter
- For a full, detailed list, view our report


Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Download the full report: https://www.reportbuyer.com/product/3076105/

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com  
Email: query@reportbuyer.com  
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-automotive-catalytic-converter-market-2015-2019-300109277.html

SOURCE ReportBuyer