Global Automotive Catalytic Converter Market

Transparency Market

Research

Automotive Catalytic Converter Market - Global

Industry Analysis, Size, Share, Growth, Trends and

Forecast 2015 - 2021

Published Date

2015-10-05

122 Page Report

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Automotive Catalytic Converter Market to represent US$172.8

bn Opportunity Globally by 2021

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Automotive Catalytic

Converter Market

REPORT DESCRIPTION

Automotive Catalytic Converter Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 – 2021

According to a new market report

published by Transparency Market

Research “Automotive Catalytic

Converter Market - Global

Industry Analysis, Size, Share,

Growth, Trends and Forecast,

2015 - 2021,” Global Automotive

Catalytic Converter Market was

valued at US$105.59 bn in 2014,

growing at a CAGR of 7.3% from

2015 to 2021 to account for

US$172.8 bn in 2021.

Automotive catalytic converters are

considered as one of the vital automotive components in automobiles. The purpose of

automotive catalytic converters is to reduce the emission in vehicles by removing harmful

substances in the exhaust systems. Pollution created by automobiles has become a global

concern and government of all major countries have laid down stringent emission guidelines in

order to curb the emission caused by automobiles. With increasing number of automobiles on

road, further reduction of emission is necessary to have a better air quality.

Browse The Market Research Report of Automotive Catalytic Converter Market :

http://www.transparencymarketresearch.com/automotive-catalytic-convertermarket.html

Automotive catalytic converters at present are generally made up of materials such as platinum,

palladium and rhodium, which are termed as catalysts. An automotive catalyst is a...