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$ 2.93 billion Growth Expected in Automotive Catalytic Converter Market|APAC to Notice Maximum Growth


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NEW YORK, May 24, 2021 /PRNewswire/ The automotive catalytic converter market is set to grow by USD 2.93 billion, progressing at a CAGR of over 1% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
 
Technavio has announced its latest market research report titled
Automotive Catalytic Converter Market by Application and Geography - Forecast and Analysis 2021-2025
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BASF SE, CDTi Advanced Materials Inc., Continental AG, Eberspacher Group, Faurecia SE, Johnson Matthey Plc, Katcon Global, Klarius Products Ltd., Marelli Holdings Co. Ltd., and Tenneco Inc. are some of the major market participants. Factors such as the stringent regulations to control emissions, the reduction in emissions by catalytic converters, ....

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