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Automotive Catalytic Converter Market to Record $ 2.93 Bn Growth during 2021-2025 | Stringent Regulations on Emissions to Boost Growth

/PRNewswire/ The automotive catalytic converter market is poised to grow by $ 2.93 bn during 2021-2025, progressing at a CAGR of 1% during the forecast. ....

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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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Technavio Research: Automotive Catalytic Converter Market to grow by $222.22 mn during 2020-2024 | Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast 2024

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Technavio has been monitoring the automotive catalytic converter market and it is poised to grow by USD 222.22 mn during 2020-2024, progressing at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201222005611/en/
Technavio has announced its latest market research report titled Global Automotive Catalytic Converter Market 2020-2024 (Graphic: Business Wire)
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 wi ....

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