Over the five years to 2017, the Catalytic Converter Manufacturing industry experienced revenue growth, in line with the recovery of the greater automotive sector. Improving automobile sales, more stringent emissions standards and increasing demand for replacement and aftermarket catalytic converters for an aging vehicle fleet helped sustain industry demand over the past five years. Over the next five years, catalytic converter manufacturers will continue to regain their stature, driven by the continued upward trend in car sales and growth in the aftermarket and replacement market segment. However, uncertain emissions regulation may slow product innovation and demand. Nevertheless, industry revenue is forecast to grow over the five years to 2022.
This industry manufactures catalytic converters that are used in internal combustion engines. These converters remove toxic exhaust emissions, including carbon monoxide and unburned hydrocarbons, from engine output.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.