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.
Although catalytic converters are most commonly applied to exhaust systems in automobiles, they are also used on electrical generators, forklifts, mining equipment, trucks, buses, locomotives, and motorcycles. They are also used on some wood stoves to control emissions. This is usually in response to government regulation, either through direct environmental regulation or through health and safety regulations.
The Industrial Catalytic Converters market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Industrial Catalytic Converters.
This report covers the present status and the future prospects of the global Industrial Catalytic Converters market for 2015-2026.
The report offers detailed coverage of Industrial Catalytic Converters industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Industrial Catalytic Converters by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Katcon, Wuxi Weifu Lida Catalytic Converter Co, DCL International Inc, Teco Limited, Bosal, Ningbo Kesen Exhaust Gas Cleaner Manufacturing Co., Catalytic Products International, Standard Teco Ltd, AP Exhaust Products
Market Segment as follows:
Market by Order Type
Construction Equipment
Drilling and Well-Digging Machines
Cranes and Lifting Equipment
Portable Generators
Portable Heaters
Bridge-Building Machinery
Others
Industrial Catalytic Converters Breakdown Data by Application
Chemical
Textile
Oil and Gas
Metal and Mining
Automobile
Others
Industrial Catalytic Converters market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Industrial Catalytic Converters market for the forecast period 2021 - 2026?
• What are the driving forces in the Industrial Catalytic Converters market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Industrial Catalytic Converters industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.