Automotive Exhaust Emission Control Device Market, By Type (Gasoline Particulate Filter, Selective C

Published Date: | Report Code : AT1942457

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The rapid growth of the automotive industry is expected to drive the growth of automotive exhaust emission control device market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Exhaust emission control devices are installed in exhaust pipes of vehicles to reduce the emission of hazardous pollutants, such as carbon monoxide, hydrocarbons, and nitrogen oxides. Catalytic converters and particulate filters that convert and trap pollutants, and reduce their effect on the environment. Implementation of emission standards by governments to address climate change and pollution is propelling market growth. However, shifting consumer preference towards electric vehicles is hindering the market growth. In addition, surging demand for passenger vehicles, owing to a rise in disposable income is aiding market growth.

Segment Analysis:

Based on type, the automotive exhaust emission control device market has been segmented into GPF, SCR, LNT, DOC, DPF, and TWF. Among these, SCR and DPF segments are expected to grow significantly during the forecast period. This is mainly due to the increasing adoption of these devices in Europe, where there are stringent regulations regarding vehicle emission.

According to the vehicle type, the passenger vehicle segment is expected to grow significantly during the forecast period. This is due to the increase in the production of passenger vehicles in many regions, owing to the increase in disposable income. According to the International Organization of Motor Vehicle Manufacturers, the number of passenger cars sold increased from 49.65 million in 2009 to 70.85 million in 2017 and is expected to grow further.

Based on engine type, the gasoline segment is expected to account for the highest share of the automotive exhaust emission control device market. This growth can be attributed to its excessive usage in passenger vehicles in countries, such as the US, China, India, and Japan.

The Asia Pacific is expected to lead the automotive exhaust emission control device market due to the increased production of automobiles in emerging economies, including China and India, and growing demand in countries, such as South Korea and Japan, along with cheap labor and favorable working conditions. Moreover, developed regions such as Western Europe and North America have stringent rules regarding vehicle emission, which is expected to propel market growth.

Key Factors Impacting Market Growth:

  • Stringent regulations against vehicle emissions
  • The rapid growth of the automotive industry
  • The growing popularity of electric vehicles

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive exhaust emission control device market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of automotive exhaust emission control device market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for automotive exhaust emission control device market in the region.

The Asia Pacific is estimated to be the fastest-growing region for automotive exhaust emission control device market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for automotive exhaust emission control device market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: Johnson Matthey, Tenneco Inc., General Motors, Katcon, Bosch Rexroth, Denso Corporation, Eberspacher Climate Control Systems GmbH & Co. KG, Tata Motors, Toyota Motor Corporation, Jetex Exhaust Ltd., Continental Emitec GmbH, and Corning Incorporated 

Key Developments:

  • In June 2017, Johnson Matthey (UK) developed a technology that helps reduce emissions in old buses and meet Euro 6 standards.
  • In February 2019, Eberspaecher Exhaust Technology International (Germany) and Sharda Motor Industries Ltd. (India) signed an agreement for a 50:50 venture. The new joint venture will develop, produce, and sell exhaust after-treatment systems for Indian commercial vehicle manufacturers to comply with the highest emission standard, Bharat Stage VI.

Market Segmentation:

By Type:

  • Gasoline Particulate Filter (GPF)
  • Selective Catalytic Reduction (SCR)
  • Lean Nox Trap (LNT)
  • Diesel Oxidation Catalyst (DOC)
  • Diesel Particulate Filter (DPF)
  • Three Way Catalytic Converter (TWC)

By Vehicle Type:

  • Passenger
  • Commercial
  • Electric
  • Construction
  • Farm Tractors
  • Others

By Material:

  • Palladium
  • Rhodium
  • Platinum

By Engine Type:

  • Gasoline
  • Diesel
  • Hybrid

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Vehicle Type
    • By Material
    • By Engine Type
  • Western Europe
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Type
    • By Vehicle Type
    • By Material
    • By Engine Type
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Vehicle Type
    • By Material
    • By Engine Type
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Type
    • By Vehicle Type
    • By Material
    • By Engine Type
  • Middle East
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Type
    • By Vehicle Type
    • By Material
    • By Engine Type
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Type
    • By Vehicle Type
    • By Material
    • By Engine Type

Reasons to Buy This Report:

  • Market size estimation of the global automotive exhaust emission control device market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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