According to Stratistics MRC, the Global Industrial Catalytic Converters Market accounted for $XX million in 2016 and is expected to reach $XX million by 2022 growing at a CAGR of XX% from 2016 to 2022. Strict regulations set by government bodies in several countries are influencing the demand for industrial catalytic converters. On the other hand, shift towards electric vehicles by automobile industry acts as a restraint for the global industrial catalytic converters market. Increasing industrialization across the globe in industries can foster a strong potential opportunity for this market. However, volatile prices of some of the metals used in the manufacturing of industrial catalytic converters pose a major challenge for the market.

Asia Pacific is the major revenue generating region, followed by Europe and then North America. The demand for industrial catalytic converters in Asia Pacific is attributed to the constant growth of chemical and textile sectors in the region. Europe is observed as a lucrative market for the industry, due to the emerging emission standards for the reduction of carbon monoxide from various industries. Also, Europe and North America show potential opportunities for the market, as the regions are hubs for chemical manufacturing.

Some of the key players in the market include Bosal, Wuxi Weifu Lida Catalytic Converter, Teco Limited, Standard Teco, Ningbo Kesen Exhaust Gas Cleaner Manufacturing, Katcon, Dcl International Inc, Catalytic Products International and AP Exhaust Products.

End Users Covered:

  • Automobile
  • Chemical
  • Metal and Mining
  • Oil and Gas
  • Textile

Applications Covered:

  • Air Compressors
  • Construction Equipment
  • Drilling and Well-Digging Machines
  • Forklifts, Cranes and Lifting Equipment
  • Furnace and Chimney
  • Pile Drivers and Bridge-Building Machinery
  • Portable Generators, Portable Heaters
  • Other Applications

Types Covered:

  • Two-Way
  • Three-Way

Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·France
  • ·Italy
  • ·UK
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·Rest of Asia Pacific
  • Rest of the World
  • ·Middle East
  • ·Brazil
  • ·Argentina
  • ·South Africa
  • ·Egypt

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements