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Emission
Control Catalysts Market worth $59.8 billion by 2026


The report "Emission
Control Catalysts Market

by Type (Palladium, Platinum, Rhodium), Application (Mobile sources (off road,
and on road), and Stationary Sources), and Region (North America, Europe, APAC,
South America & RoW) - Global Forecast to 2026
", size is estimated at USD 42.9 billion in
2021 and is projected to reach USD 59.8 billion by 2026, at a CAGR of 6.9%
during the forecast period.

 

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Browse in-depth TOC on "Emission Control Catalysts Market"

156 - Tables

58 - Figures

206 – Pages

 

The major factors driving the ECC market include growth
of the global automobile industry and increasing harmful emissions from various
industries. Automotive exhaust systems and industrial machinery release CO,
NOx, HC, CO2, and particulate matter into the environment, which are major
contributors to greenhouse gases (GHGs). ECCs limits the emissions from
automotive, industrial units, marine and other mobile and stationary sources of
emission. PGM metals such as platinum, palladium, and rhodium oxidize
pollutants and convert them into less harmful emissions such as nitrogen and
hydrogen.

 

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Increasing gasoline engines to lead the growing demand
for palladium metal in ECC market.

On the basis of metal type, the ECC market has been
segmented into four types, namely, palladium, platinum, rhodium, and others.
Palladium metal has the ability to maintain acceptable performance at sustained
temperature for the lifetime. in addition, the metal has high toleration of
high temperatures better than other metals.

 

APAC is the leading ECC market.

APAC is the largest market for ECCs. Industrialization,
growing population, and urbanization of APAC are boosting the ECC market. The
major end users of ECC in the region are light-duty vehicle (LDV), power
plants, chemical plants, and motorcycles.

 

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The ECC market comprises major players such as BASF
catalyst (Germany), Johnson Matthey (UK), Umicore (Belgium), Tenneco (US),
Cataler (Japan), Heraeus (Germany), Bosal (Netherlands), Clean Diesel
Technologies (US), Cormetech (US), DCL International Inc. (Canada), Hitachi
Zosen Corporation (Japan), IBDIEN (Austria), Interkat (Germany), Kunming
Sino-Platinum Metals Catalyst (China), Nett Technologies (Japan), NGK
Insulators (Japan), Shell Global (Netherlands), Sinocat (China), and Zelolyst
International (US).

 

For More Insights on Emission Control Catalysts Market- https://www.prnewswire.com/news-releases/emission-control-catalysts-market-worth-59-8-billion-by-2026--exclusive-report-by-marketsandmarkets-301394908.html

 

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