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(I-AutoNewsWire.com, March 09, 2018 ) According to Publisher, the Global Emission Control Catalysts Market is expected to grow from $8.54 billion in 2016 to reach $17.95 billion by 2023 with a CAGR of 11.1%. Catalytic Convertors uses emission control catalysts to reduce damaging emissions to the environment. Some of the reasons behind the favorable growth of market include increase in usage of catalyst converters in automobiles to decrease the pollution, emission standards across different countries and high demand for diesel engine vehicles. However, possibility of undesired secondary emissions from these catalysts may restrict the market growth.
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By application, automotive segment is projected to capture the largest market share over the forecast period due to high usage of platinum group metals in automobiles. Europe is anticipated to witness a growth in the coming years due to growing demand for platinum-based emission control catalysts has been high in this region. Some of the key players in global Emission control catalysts market include Umicore SA, Solvay SA, Johnson Matthey PLC, Corning Incorporated, Clariant International Ltd., BASF Catalysts LLC, Cataler Corporation, Cormetech Inc., Aerinox Inc., DCL International Inc., Tenneco Inc., KATCON Global, Eastern Manufacturing Inc., Bastuck GmbH &Co. and Bosal Nederland B.V.
Applications Covered: -Mobile -Stationary -Automotive -Other Applications
Products Covered: -Rhodium -Palladium -Platinum -Other Products
Converter Types Covered: -Selective Catalytic Reduction (SCR) -Lean De-Nox Catalysts (Hydrocarbon SCR) -Two-Way Catalytic Converters -Three-Way Catalytic Converters -Oxidation Catalysts -Diesel Oxidation Catalysts
Complete Report is Available at http://www.reportsweb.com/emission-control-catalysts-global-market-outlook-2017-2023
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -UK -Italy -France -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -South America -Argentina -Brazil -Chile -Rest of South America -Middle East & Africa -Saudi Arabia -UAE -Qatar -South Africa -Rest of Middle East & Africa
Company Profiles 10.1 Umicore SA 10.2 Solvay SA 10.3 Johnson Matthey PLC 10.4 Corning Incorporated 10.5 Clariant International Ltd. 10.6 BASF Catalysts LLC 10.7 Cataler Corporation 10.8 Cormetech Inc. 10.9 Aerinox Inc. 10.10 DCL International Inc. 10.11 Tenneco Inc. 10.12 KATCON Global 10.13 Eastern Manufacturing Inc. 10.14 Bastuck GmbH &Co. 10.15 Bosal Nederland B.V.
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Source: EmailWire.Com
Source: EmailWire.com
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