An automotive catalytic converter is a device that uses a catalyst to convert three harmful compounds in car exhaust into harmless compounds. It is a stainless-steel box mounted in the exhaust system. Inside is the auto catalyst – a ceramic or metallic substrate with an active coating incorporating chemical compounds (the washcoat) to support a combination of catalytical materials or minerals selected for their effectiveness in the required emissions reductions.
The global average price of automotive catalytic converters is in the decreasing trend, from 128.3 USD/Unit in 2011 to 121.3 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
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Segment by Type, the Automotive Catalytic Converter market is segmented into
• Two-Way Converters • Three-Way Converters • Other
Segment by Application, the Automotive Catalytic Converter market is segmented into
• OEM market • Replacement market
A full report of Global Automotive Catalytic Converter Market is available at: https://www.orionmarketreports.com/automotive-catalytic-converter-market/39582/
Scope of the Report
The research study analyzes the global Automotive Catalytic Converter industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
o Market Overview and growth analysis o Import and Export Overview o Volume Analysis o Current Market Trends and Future Outlook o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume o Latin America Market Size and/or Volume o Europe Market Size and/or Volume o Asia-Pacific Market Size and/or Volume o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Catalytic Converter Market Report
1. What was the Automotive Catalytic Converter Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025). 2. What will be the CAGR of Automotive Catalytic Converter Market during the forecast period (2019-2025)? 3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025). 4. Which manufacturer/vendor/players in the Automotive Catalytic Converter Market was the market leader in 2018? 5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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