A catalytic converter is an exhaust emission control device that converts toxic gases and pollutants in exhaust gas from an internal combustion engine into less-toxic pollutants by catalyzing a redox reaction (an oxidation and a reduction reaction). Catalytic converters are usually used with internal combustion engines fueled by either gasoline or diesel—including lean-burn engines as well as kerosene heaters and stoves.
The rising strict emission norms for two-wheelers is one of the primary drivers for market growth. The increasing levels of vehicular emissions is inducing the governments of developing countries such as India and China to raise the stringency levels of two-wheeler emission norms. This, in turn, is foreseen to drive the requirement for catalytic converters. As a result, two-wheelers will be equipped with enhanced substrates to adhere to the proposed emission standards. Moreover, these additions of substrates and other emission control kits are likely to increase the price of two-wheelers over the next four years. Furthermore, with the government of India elevating its emission standards, the two-wheeler market in the country is expected to see a bigger penetration of fuel-injected vehicles.
APAC led the two-wheeler catalytic converter market during 2017 and is anticipated to continue the dominion during the forecast period. The increasing sales of two-wheelers, rising levels of traffic congestion, rising fuel rates, and an economical price tag, drives the growth of the two-wheeler market, which in turn, propelling market growth.
Global Two-Wheeler Catalytic Converter market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Two-Wheeler Catalytic Converter.
This industry study presents the global Two-Wheeler Catalytic Converter market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Two-Wheeler Catalytic Converter production, revenue and market share by manufacturers, key regions and type;
The consumption of Two-Wheeler Catalytic Converter in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Continental Emitec, Varroc Group, etc.
The following manufacturers are covered in this report:
Munjal Auto Industries
Two-Wheeler Catalytic Converter Breakdown Data by Type
Selective Catalytic Reduction (SCR)
Lean NOx Catalysts (LNC)
Lean NOx Trap (LNT)
Two-Wheeler Catalytic Converter Breakdown Data by Application
Two-Wheeler Catalytic Converter Production by Region
Two-Wheeler Catalytic Converter Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Two-Wheeler Catalytic Converter status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Two-Wheeler Catalytic Converter manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Two-Wheeler Catalytic Converter :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Two-Wheeler Catalytic Converter market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.