Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Diesel Engine Catalyst Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Diesel Engine Catalyst Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Diesel
Engine Catalyst Market is offered.
Market
Insights:
In accordance with the report, the Diesel Engine Catalyst
Market is projected to expand at a CAGR of 8.9% over the period
of forecast. The global Diesel Engine
Catalyst Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. The value of the global diesel engine catalyst market is anticipated to
grow at a 7.36% CAGR over the forecast period, according to the most recent
reports. A part known as a diesel oxidation catalyst (DOC) is essentially made
to convert hydrocarbons and carbon monoxide (CO) into water and carbon dioxide
(CO2). It aids in particulate matter reduction by breaking down hazardous waste
in the engine's exhaust stream (PM). The market for diesel engine catalysts is
anticipated to expand significantly throughout the forecast period. For diesel
engines and the equipment to reduce emissions, diesel engine catalyst is
carefully assembled. It applies to diesel engines, is easy to use, requires no
maintenance, and works with all varieties of diesel engines. Due to their
better quality, dependability, fuel efficiency, and longevity, diesel segments
have become more popular in recent years compared to any gasoline engine. This
is the main driver of the global market for diesel engine catalysts. According
to statistics, diesel engines are found in around 60% of all new cars in
Europe. The market will grow over the forecast period due to a number of
factors, including rising demand for Sac in diesel engines, regulation of
emission control to the expanding aftermarket for catalyst converters, use of
wash coat technology and innovations, and growing recognition of the advantages
of catalyst converters by key manufacturers. The global market for diesel
engine catalysts is divided into North America, Europe, Asia Pacific (APAC),
and the rest of the world based on the regions. It is anticipated that the Asia
Pacific area will experience considerable expansion in the global market as a
result of the new emission requirements announced by the relevant governments.
The increase in automotive sales and production in developing nations like
India and China of these regions is due to the fast development of the
automotive sector in the Asia Pacific.
Research
Methodology:
To compile
the detailed study of the global Diesel Engine
Catalyst Market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Diesel Engine Catalyst Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Diesel Engine Catalyst Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Diesel Engine Catalyst Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Diesel Engine Catalyst Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Diesel Engine Catalyst Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Diesel Engine
Catalyst Market, By Technology, 2022-2031 (USD Million)
·
Diesel
Oxidation Catalysts (DOC)
·
Diesel
Particulate Filters (DPF)
·
Selective
Catalytic Reduction (SCR)
·
Others
Diesel Engine
Catalyst Market, By Application, 2022-2031 (USD Million)
·
On-Road
·
Off-Road
Report
Highlights:
The prime objective of the Diesel Engine
Catalyst Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Diesel Engine
Catalyst Market, By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Diesel
Engine Catalyst Market:
·
Johnson
Matthey (UK),
·
MagnetiMarelliS.p.A.
(Italy),
·
BASF SE
(Germany),
·
SANGO Co.,
Ltd (Japan),
·
Umicore N.V.
(Belgium),
·
Perkins
Engines Company Limited (UK),
·
CDTi Advanced
Materials, Inc. (US),
·
Nett
Technologies Inc. (Canada),
·
Eberspächer
(Germany),
·
Continental
AG (Germany)
Diesel
Engine Catalyst Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry