
Global Catalytic Converter
Description
Global Catalytic Converter
Summary
Global Catalytic Converter 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
Summary
Global Catalytic Converter 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 global catalytic converter market recorded revenues of $12,879.1 million in 2024, representing a compound annual growth rate (CAGR) of 0.8% between 2019-24.
- The palladium segment accounted for the market's largest proportion in 2024, with total revenues of $6,191.9 million, equivalent to 48.1% of the market's overall value.
- The global catalytic converter market’s sluggish growth during 2019-24, primarily due to the increasing adoption of electric vehicles, which do not require catalytic converters, significantly impacts demand.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the catalytic converter market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global catalytic converter market
- 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 Global catalytic converter market with five year forecasts
- What was the size of the Global catalytic converter market by value in 2024?
- What will be the size of the Global catalytic converter market in 2029?
- What factors are affecting the strength of competition in the Global catalytic converter market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's catalytic converter market?
Table of Contents
45 Pages
- 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. Cummins Inc
- 8.3. Forvia SE
- 8.4. Johnson Matthey Plc
- 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: Global catalytic converter market value: $ million, 2019-24
- Figure 2: Global catalytic converter market category segmentation: $ million, 2019-24
- Figure 3: Global catalytic converter market geography segmentation: % share, by value, 2024
- Figure 4: Global catalytic converter market value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the global catalytic converter market, 2024
- Figure 6: Drivers of buyer power in the global catalytic converter market, 2024
- Figure 7: Drivers of supplier power in the global catalytic converter market, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the global catalytic converter market, 2024
- Figure 9: Factors influencing the threat of substitutes in the global catalytic converter market, 2024
- Figure 10: Drivers of degree of rivalry in the global catalytic converter market, 2024
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