Global Automotive Catalyst
Market Report
2025
Automotive Catalyst Market size is USD 10879.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.19% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive Catalyst market size will be USD 10879.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.19% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Automotive Catalyst Market Sales Revenue | 121212 | 121212 | 121212 | 4.19% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product Type |
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Market Split by Application |
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Market Split by Raw Material |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Automotive Catalyst industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Catalyst Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Automotive Catalyst is also called a catalytic converter. A catalytic converter is an important part of the vehicle’s exhaust system which helps in reducing the number of poisonous pollutants released into the air by converting hazardous ignition gases into fewer dangerous substances such as carbon dioxide and water vapor. An automotive catalytic converter is situated on the bottom of a vehicle and resembles a large box of metal. There are two types of catalytic converters which are, two-way catalytic converters and three-way catalytic converters. Automotive catalysts have become a mandatory component in vehicles to meet emissions regulations and reduce air pollution. They have been instrumental in significantly reducing the emissions of harmful pollutants from vehicles, making them more environmentally friendly.
Rising demand for vehicles worldwide is fueling the market growth of automotive catalysts. Till March 2023, 75 % of the U.S. population reported having an approach to their own car, with an additional 20 % having access to a family or company car. The excessive motor vehicle demand in the country hikes the active automotive industry. Due to the increasing disposable income, the buying capacity of the population has risen, leading to a hike in the demand for vehicles by families. Surging demand for vehicles requires automotive catalysts on a large scale boosting the automotive catalysts market.
Strict government regulations on emission control by vehicles boost the automotive catalysts market. To reduce air pollution and safeguard the health of the population, regulations have been set by the government. For instance, In April 2023, the United States Environmental Protection Agency (EPA) announced new standards to decrease toxic air pollutant transmissions from medium-duty and light-duty vehicles starting with the model year 2027. Rising government standards on emission control force manufacturers to use good quality catalytic converters booms the demand for automotive catalysts.
The use of electric vehicles has increased especially due to the rising prices of fuel and environment-friendly applications over conventional vehicles. Hybrid electric vehicles require less fuel than conventional vehicles because they use electric-drive components to increase the efficiency of vehicles through regenerative braking. E-vehicles have flexible charging due to the presence of an electric grid in most locations. Electric vehicles have the benefits of emissions over conventional vehicles as e-vehicles generate zero tailpipe emissions. Zero tailpipe emissions indicate no use of catalytic converters declines the demand for automotive catalysts. Thus, increasing applications of e-vehicles over conventional vehicles are hampering the growth of the automotive catalysts market.
The COVID-19 pandemic has had a significant impact on the automotive sector. This, in turn, has affected the demand for automotive catalysts, which are crucial components used in catalytic converters to reduce harmful emissions from vehicles. The pandemic led to temporary shutdowns and disruptions in automotive manufacturing plants worldwide. Many automakers experienced reduced production or complete shutdowns, resulting in lower demand for automotive catalysts. People’s preferences shifted from purchasing new vehicles to essential goods and services, leading to decreased vehicle sales. Reduced vehicle sales meant fewer catalysts were needed for installation in new vehicles. The pandemic caused disruptions in global supply chains, affecting the production and delivery of various components, including automotive catalysts.
As the world begins to recover from the pandemic, the automotive industry is gradually returning to normalcy. Vehicle production has resumed, and consumer demand is hiking up. Additionally, stricter emission regulations and environmental concerns continue to drive the need for advanced catalyst technologies. Therefore, the demand for automotive catalysts is expected to recover and potentially grow as the automotive industry rebounds.
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Aether Catalyst Solutions, Inc. signs a JDA with Global Special Materials to establish automotive and commercial vehicle catalysts. The cost-effectiveness of the company’s catalysts will allow them to use the substrate in ways not feasible with incumbent catalyst technology.
Dr. Sung Jong Yoo of the Korea Institute of Science and Technology’s Hydrogen Fuel Cell Research Center announced the development of a single atomic cobalt-based catalyst having approximately 40% better stability and fuel cell performance than current cobalt nascent catalysts.
BASF acquired Zodiac Enterprises LLC assets to expand its chemical catalyst recycling capacity and capability:
The site recycled chemical catalysts that complement BASF’s existing precious metal recycling operations in Seneca, South Carolina. The investment allows BASF to meet the rising demand for recycling spent chemical and automotive catalysts.
Top Companies Market Share in Automotive Catalyst Industry: (In no particular order of Rank)
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In 2022, Asia Pacific dominated the automotive catalysts market and gained the largest market share. This growth is attributed to the surging disposable income of the population which increases the demand for vehicles. Additionally, rising innovation in the field of automotive is driving segmental growth in this region.
North America automotive catalyst market is projected to witness the fastest growth over the forecast period, from 2023 to 2030. The major factors for growth in this region are the increasing regulations of the government on emission control of vehicles and the rising durability and efficiency of autocatalysts.
The current report Scope analyzes Automotive Catalyst Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Automotive Catalyst Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Catalyst Industry growth. Automotive Catalyst market has been segmented with the help of its Product Type, Application Raw Material, and others. Automotive Catalyst market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
On the basis of product type, the automotive catalyst market is segmented into three-way catalytic converters, two-way catalytic converters, and diesel oxidation catalysts.
The three-way catalytic converters segment dominated the market in 2022. This dominance is attributed to the increasing adoption of three-way catalytic converters over two-way catalytic converters. As three-way catalytic converters offer extra benefits such as administering nitric oxide and nitrogen dioxide emissions which lead to acid rain. Thus, efficient emission control with some additional benefits provided by three-way catalytic converters boosts segmental growth.
The diesel oxidation catalyst segment is anticipated to witness the fastest growth over the forecast period due to rising demand for diesel-powered vehicles which leads to the increase in the production of diesel oxidation catalysts which surges the segmental growth.
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Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Automotive Catalyst Market.
Some of the key Application of Automotive Catalyst are:
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The market is bifurcated by raw materials into palladium, rhodium, platinum, and other types.
Rhodium was the leading segment in 2022 due to its great properties such as reducing carbon monoxide, hydrocarbons, and nitrogen oxide in exhaust gases generated due to fuel combustion in contrast with the other metals. Additionally, it has good affordability in comparison with other metals like platinum. Thus, the efficient properties of rhodium lead to its high utilization as a raw material in automotive catalysts which boosts segmental growth.
Palladium is predicted to grow at a faster rate from the period 2023 to 2030. The factors responsible for the growth of the segment in the coming years are cheap price in comparison with the other metals, efficiency in the oxidation of hydrocarbons, and better thermal stability.
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Catalyst Market is witnessing significant growth in the near future.
In 2023, the Three-Way Catalytic Converters segment accounted for noticeable share of global Automotive Catalyst Market and is projected to experience significant growth in the near future.
The Motorcycles segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Umicore , CDTi Advanced Materials Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Three-Way Catalytic Converters, Two-Way Catalytic Converters, Diesel Oxidation Catalyst |
Application | Motorcycles, Commercial Vehicles, Passenger Vehicles |
Raw Material | Palladium, Rhodium, Platinum, Other |
List of Competitors | Umicore, BASF SE, CDTi Advanced Materials Inc., Tenneco Inc., Klarius Products Ltd., Johnson Matthey, Cummins Inc., Ecocat India Pvt. Ltd., Clariant, Eberspcher |
This chapter will help you gain GLOBAL Market Analysis of Automotive Catalyst. Further deep in this chapter, you will be able to review Global Automotive Catalyst Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Catalyst. Further deep in this chapter, you will be able to review North America Automotive Catalyst Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Catalyst. Further deep in this chapter, you will be able to review Europe Automotive Catalyst Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Catalyst. Further deep in this chapter, you will be able to review Asia Pacific Automotive Catalyst Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Catalyst. Further deep in this chapter, you will be able to review South America Automotive Catalyst Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Catalyst. Further deep in this chapter, you will be able to review Middle East Automotive Catalyst Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Catalyst. Further deep in this chapter, you will be able to review Middle East Automotive Catalyst Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Catalyst. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Raw Material Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Catalyst market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Three-Way Catalytic Converters have a significant impact on Automotive Catalyst market? |
What are the key factors affecting the Three-Way Catalytic Converters and Two-Way Catalytic Converters of Automotive Catalyst Market? |
What is the CAGR/Growth Rate of Motorcycles during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Catalyst Market? |
Which region is expected to dominate the global Automotive Catalyst Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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