Global Diesel Engine Catalyst Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 28.14 Billion |
Market Size (Forecast Year) |
USD 57.72 Billion |
CAGR |
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Major Markets Players |
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Global Diesel Engine Catalyst Market, By Technology (Diesel Oxidation Catalysts (DOC), Diesel Particulate Filter (DPF), Selective Catalytic Reduction (SCR), Others), Application (On-Road, Off-Road), Sales Channel (OEM, Aftermarket) - Industry Trends and Forecast to 2029
Market Analysis and Size
Diesel engine catalyst is considered highly important in the diesel automobiles as it is applicable to diesel engines, and suitable for all types. It is a simple, cost-effective, and maintenance-free catalyst that assists in declining emissions from the engine.
Global Diesel Engine Catalyst Market was valued at USD 28.14 billion in 2021 and is expected to reach USD 57.72 billion by 2029, registering a CAGR of 7.86% during the forecast period of 2022-2029. Diesel Oxidation Catalysts (DOC) accounts for the largest technology segment in the respective market owing to easy installation and less maintenance. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
The diesel engine catalyst refers to a precisely built catalyst for diesel engines and equipment for alleviating emissions. These catalysts promote chemical oxidation of CO and HC along with organic fraction (OF) of diesel particulates. DOC, one of the diesel engine catalyst also increases the NO2 content of the exhaust gas that further supports the performance of diesel particulate filters and SCR catalysts.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Forecast Period |
2022 - 2029 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Product Type (Spark Plugs, Glow Plugs), Material (Copper, Platinum, Iridium Spark Plug), Sales Channel (OEM, Aftermarket), Application (Automotive, Marine, Industrial, Others), Vehicle Type (Passenger Car, LCV, HCV), Engine Layout (L3, L4, L5, L6, V6, H6, V8, V10, V12) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered |
Johnson Matthey (UK), Marelli Holdings Co., Ltd. (Italy), BASF SE (Germany), SANGO Co., Ltd (Japan), Umicore (Belgium), Perkins Engines Company Limited (UK), CDTi Advanced Materials, Inc. (US), Nett Technologies Inc. (Canada), Eberspächer (Germany), and Continental AG (Germany), among others |
Market Opportunities |
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Diesel Engine Catalyst Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Government Initiatives
The rise in government initiatives towards emission reduction to control emissions acts as one of the major factor driving the growth of diesel engine catalyst market. Manufacturers increasing their investments to meet government standards has a positive impact on the market.
- Concerns regarding toxic waste
The increase in the adoption of diesel oxidation catalyst (DOC) for the conversion of carbon monoxide (CO) and hydrocarbons into water and carbon dioxide (CO2) accelerate the market growth. This catalyst breaks down toxic waste in the exhaust stream from the engine, declining particulate matter (PM).
- Increase in demand for diesel engines
The surge in inclination towards diesel engines over gasoline engines owing to their superior fuel economy, durability, and reliability, associated with a favourable fuel tax situation further influence the market.
Additionally, expansion of the automotive sector, surge in investments and increased disposable income positively affect the diesel engine catalyst market.
Opportunities
Furthermore, innovation and washcoat technology and rise in awareness among automobile manufacturers regarding the use of catalytic converters extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in the demand for Scr in heavy diesel engines further escalate the growth of diesel engine catalyst market.
Restraints/Challenges faced by the Diesel Engine Catalyst Market
On the other hand, high dependence of performance on temperature and loss of activity through thermal deactivation and poisoning is expected to obstruct market growth. Also, surge in demand for battery electric vehicles, and fluctuations in prices of diesel are projected to challenge the diesel engine catalyst market in the forecast period of 2022-2029.
This diesel engine catalyst market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the diesel engine catalyst market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
COVID-19 had a Major Impact on Diesel Engine Catalyst Market
The COVID-19 had a negative impact on the diesel engine catalyst market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand for diesel engine catalyst. The supply chain got hampered during the pandemic along with delay logistics activities. However, the diesel engine catalyst market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Recent Developments
- Johnson Matthey launched ActivDPFTM diesel particulate filter (DPF) system, an innovative system in March’2019 for stationary diesel engines. The technology offers engineers and facility operators clean energy whenever needed with no requirement of filter monitoring system.
Global Diesel Engine Catalyst Market Scope
The diesel engine catalyst market is segmented on the basis of technology, application and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Diesel Oxidation Catalysts (DOC)
- Diesel Particulate Filter (DPF)
- Selective Catalytic Reduction (SCR)
- Others
Application
- On-Road
- Off-Road
Sales Channel
- OEM
- Aftermarket
Diesel Engine Catalyst Market Regional Analysis/Insights
The diesel engine catalyst market is analyzed and market size insights and trends are provided by country, technology and application.
The countries covered in the diesel engine catalyst market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific (APAC) dominates the diesel engine catalyst market because of the presence of new emission standards regulated by the government and rise in awareness about automotive catalysts within the region.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 due to the presence of major automotive companies and growing transport industry in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Diesel Engine Catalyst Market Share Analysis
The diesel engine catalyst market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to diesel engine catalyst market.
Some of the major players operating in the diesel engine catalyst market are
- Johnson Matthey (UK)
- Marelli Holdings Co., Ltd. (Italy)
- BASF SE (Germany)
- SANGO Co., Ltd (Japan)
- Umicore (Belgium)
- Perkins Engines Company Limited (UK)
- CDTi Advanced Materials, Inc. (US)
- Nett Technologies Inc. (Canada)
- Eberspächer (Germany)
- Continental AG (Germany)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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