The global emission control catalysts (ECC) market 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. The major factors driving the market are the stringent emission standards implemented by governments across the globe and increasing aftermarket for catalytic converters. Moreover, increasing power generation plants in various countries, and rising awareness among automobile manufacturers about the benefits of using catalytic converters is also influencing market growth.
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The major players in the market include Johnson Matthey (UK), BASF Catalyst (Germany), Umicore (Belgium), Tenneco (US), Clariant (Switzerland), Cataler (Japan), and Heraeus (Germany). These players have adopted various growth strategies to expand their presence in the market further. New product launch, investment & expansion, and merger & acquisition have been the leading strategies adopted by the major players in the last five years to strengthen their competitiveness and broaden their customer base in the global ECC market.
Johnson Matthey is the largest producers of ECC in the world. The company has manufacturing facilities in North America, Latin America, Europe, Africa, and Asia-Pacific. In recent years, Johnson Matthey has adopted several business strategies to strengthen its position in the market. It has adopted various growth strategies, including investment & expansion, and new product launch, to maintain its leading position in the ECC market. For example, in March 2019 launched an innovative automatically regenerating ActivDPFTM diesel particulate filter (DPF) system for stationary diesel engines. This will help in delivering clean energy whenever needed. In August 2018, the company planned to construct a new 50,000 square-meter manufacturing facility for automotive catalyst in Zhangjiagang, China.
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BASF Catalyst is one of the major player operating in the ECC market. The group has 30 manufacturing facilities worldwide and produces mobile as well as stationary emission catalysts for worldwide customers. The company has adopt new product launch and expansion strategies in order to broaden its product portfolio, and maintain its position in the market. In December 2018, the company announced the construction of its new mobile emission catalyst production site in Shanghai, China. This expansion added 30,000 square-meters facility which will include multiple manufacturing lines, providing a full range of emissions control technologies for heavy-duty and light-duty vehicle manufacturers.
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Emission Control Catalyst market report is a precise study of the Chemical and Materials industry which explains what the market definition, classifications, applications, engagements, and global industry trends are.
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An expert team conducts systematic, object-oriented and complete market research study to present the facts associated with any subject in the field of marketing via this report.Emission control catalyst market will reach an estimated valuation of USD 35.9 billion by 2027, while registering this growth at a rate of 7.03% for the forecast period of 2020 to 2027.Find out more about the Emission control catalyst industry by requesting a sample of this Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-emission-control-catalyst-market Market Dynamics:Set of qualitative information that includes PESTEL Analysis, PORTER Five Forces Model, Value Chain Analysis and Macro Economic factors, Regulatory Framework along with Industry Background and Overview.Global Emission Control Catalyst Research MethodologyData Bridge Market Research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers.
The Emission Control Catalyst Market has observed unceasing growth in the past few years and has prospects to grow even further during the forecast period (2020-2027).
The study provides a comprehensive view and insights, highlighting the key outcomes of the industry.
These insights help interested individuals or individuals to frame better business strategies and make informed decisions for superior profitability.
Moreover, the forecast aids venture or private players, in assessing the companies and taking the best available route to optimize their options.The report covers all the intricate details of the Emission Control Catalyst market and how it has fared in the past.
Using historical data, an accurate forecast is derived in the report, which will be beneficial to all the users and entities interested in the Emission Control Catalyst market.Get a sample report with revised and up-to-date graphs @ https://www.reportsanddata.com/sample-enquiry-form/3428 Key Participants of the Emission Control Catalyst Market are:Solvay SA, Johnson Matthey, Umicore SA, Corning Incorporated, Aerinox Inc., Cormetech Inc., BASF, DCL International Inc., Shell Global, and Clariant International Ltd., among others..For the purpose of this report, Reports and Data has segmented into the Emission Control Catalyst Market on the basis of Product, Application, and Region:Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)PalladiumPlatinumRhodiumOthers Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)AutomotiveIndustrialOthers Market segmentation of the Emission Control Catalyst Industry based on Geographical Break-down: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.For readers interested in the Emission Control Catalyst Industry, this report will serve as an exhaustive database, giving the user a comprehensive outlook.
Keeping oneself updated with the market changes and key players is crucial.
Players, stakeholders, and other participants in the global Stationary Emission Control Catalyst market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/98922/global-stationary-emission-control-catalyst-2021-2027-211 Emission control catalysts are now used on all types of internal combustion engines, as well as in a number of stationary applications.
Examples of catalyst technologies for stationary engines include non-selective catalytic reduction (NSCR) of NOx from rich burn natural gas engines and selective catalytic reduction (SCR) of NOx by ammonia from diesel engines.Johnson Matthey, BASF, Cormetech, UOP LLC (Honeywell) and Clariant International AG are the leading suppliers of stationary emission control catalyst in the world.
Chinese producers mainly sprang up, Tianhe (Baoding), Hailiang, Guodian Longyuan are the key producers in China now, and most of them got the process from overseas companies.
The top ten took up about 55% of the global production market.Segment by Type, the Stationary Emission Control Catalyst market is segmented intoHoneycomb CatalystPlate CatalystCorrugated CatalystSegment by Application, the Stationary Emission Control Catalyst market is segmented intoPower PlantPainting IndustryOil IndustryMining IndustryChemical IndustryOthersRegional and Country-level Analysis:North AmericaUnited StatesCanadaAsia-PacificChinaJapanSouth KoreaIndiaSoutheast AsiaAustraliaRest of Asia-PacificEuropeGermanyFranceU.K.ItalyRussiaNordic CountriesRest of EuropeLatin AmericaMexicoBrazilRest of Latin AmericaMiddle East & AfricaTurkeySaudi ArabiaUAERest of MEACompetitive Landscape and Stationary Emission Control Catalyst Market Share AnalysisStationary Emission Control Catalyst market competitive landscape provides details and data information by companies.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021.
The major factors driving the market are the stringent emission standards implemented by governments across the globe and increasing aftermarket for catalytic converters.The major players in the market include BASF Catalyst (Germany), Johnson Matthey (UK), Umicore (Belgium), Corning Incorporated (US), Tenneco (US), Clariant (Switzerland), Cataler (Japan), Heraeus (Germany), Haldor Topsoe (Denmark), Cormetech (US), IBIDEN (Japan), and INTERKAT (Germany).
New product launch, investment & expansion, and merger & acquisition have been the leading strategies adopted by the major players in the last five years to strengthen their competitiveness and broaden their customer base in the global ECC market.BASF Catalyst (Germany) is the most significant player operating in the emission control catalyst market.
The group has 30 manufacturing facilities worldwide and produces mobile as well as stationary emission catalysts for worldwide customers.
The company has adopted new product launch and expansion strategies to broaden its product portfolio and maintain its position in the market.
This expansion added 30,000 square-meters facilities which will include multiple manufacturing lines, providing a full range of emissions control technologies for heavy-duty and light-duty vehicle manufacturers.Speak to our analyst @ Click HereIncreasing gasoline engines to lead the growing demand for palladium metal in the ECC market.Based on metal type, the ECC market has been segmented into four types, namely, palladium, platinum, rhodium, and others.
Palladium based ECC is mainly in demand in 2018 as it has the ability to maintain acceptable performance at sustained temperature for a lifetime.
