Catalytic Converter in Europe
Summary
Catalytic Converter in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A catalytic converter is an exhaust emission control device in vehicles that transforms hazardous gases and pollutants in exhaust gas/fuel gas from an internal combustion engine into less-toxic pollutants.
- The European catalytic converter market recorded revenues of $2,116.6 million in 2024, representing a negative CAGR of -0.1% between 2019-24.
- The rhodium segment accounted for the market's largest proportion in 2024, with total revenues of $1,025.9 million, equivalent to 48.5% of the market's overall value.
- The European catalytic converter market saw a notable contraction during 2019-24, primarily due to the increasing adoption of electric vehicles, which do not require catalytic converters, significantly impacting demand.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the catalytic converter market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the catalytic converter market in Europe
- Leading company profiles reveal details of key catalytic converter market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe catalytic converter market with five year forecasts
- What was the size of the Europe catalytic converter market by value in 2024?
- What will be the size of the Europe catalytic converter market in 2029?
- What factors are affecting the strength of competition in the Europe catalytic converter market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's catalytic converter market?
- 1. Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 . Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3. Market Data
- 3.1. Market value
- 4. Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5. Market Outlook
- 5.1. Market value forecast
- 6. Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7. Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of leading players?
- 8. Company Profiles
- 8.1. BASF SE
- 8.2. Forvia SE
- 8.3. Johnson Matthey Plc
- 8.4. Marelli Holdings Co Ltd
- 9. Macroeconomic Indicators
- 9.1. Country data
- 10. Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Figures
- Figure 1: Europe catalytic converter market value: $ million, 2019-24
- Figure 2: Europe catalytic converter market category segmentation: $ million, 2019-24
- Figure 3: Europe catalytic converter market geography segmentation: % share, by value, 2024
- Figure 4: Europe catalytic converter market value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the catalytic converter market in Europe, 2024
- Figure 6: Drivers of buyer power in the catalytic converter market in Europe, 2024
- Figure 7: Drivers of supplier power in the catalytic converter market in Europe, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the catalytic converter market in Europe, 2024
- Figure 9: Factors influencing the threat of substitutes in the catalytic converter market in Europe, 2024
- Figure 10: Drivers of degree of rivalry in the catalytic converter market in Europe, 2024
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