A catalytic converter is an exhaust emission control device that converts toxic gases and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalyzing a redox reaction (an oxidation and a reduction reaction). Catalytic converters are usually used with internal combustion engines fueled by either gasoline or diesel—including lean-burn engines as well as kerosene heaters and stoves.
The rising strict emission norms for two-wheelers is one of the primary drivers for market growth. The increasing levels of vehicular emissions is inducing the governments of developing countries such as India and China to raise the stringency levels of two-wheeler emission norms. This, in turn, is foreseen to drive the requirement for catalytic converters. As a result, two-wheelers will be equipped with enhanced substrates to adhere to the proposed emission standards. Moreover, these additions of substrates and other emission control kits are likely to increase the price of two-wheelers over the next four years. Furthermore, with the government of India elevating its emission standards, the two-wheeler market in the country is expected to see a bigger penetration of fuel-injected vehicles.
APAC led the two-wheeler catalytic converter market during 2017 and is anticipated to continue the dominion during the forecast period. The increasing sales of two-wheelers, rising levels of traffic congestion, rising fuel rates, and an economical price tag, drives the growth of the two-wheeler market, which in turn, propelling market growth.
In 2019, the market size of Two-Wheeler Catalytic Converter is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Two-Wheeler Catalytic Converter.
This report studies the global market size of Two-Wheeler Catalytic Converter, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Two-Wheeler Catalytic Converter production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Continental Emitec
Varroc Group
Bekaert
Munjal Auto Industries
Badve Group
...
Market Segment by Product Type
Selective Catalytic Reduction (SCR)
Lean NOx Catalysts (LNC)
Lean NOx Trap (LNT)
Others
Market Segment by Application
Entry-Level Segment
Mid-Size Segment
Full-Size Segment
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Two-Wheeler Catalytic Converter status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Two-Wheeler Catalytic Converter manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Two-Wheeler Catalytic Converter are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Two-Wheeler Catalytic Converter. Industry analysis & Market Report on Two-Wheeler Catalytic Converter is a syndicated market report, published as Global (United States, European Union and China) Two-Wheeler Catalytic Converter Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Two-Wheeler Catalytic Converter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.