How Big Is the Emission Control Catalyst Market?
According to 6Wresearch internal database and industry insights, the
Global emission control catalyst market was valued at USD 7.5 billion in 2024 and is expected to reach USD 13.6 billion by 2031, growing at a CAGR of 6.40%.
The market expansion is bolstered by stringent environmental regulations aimed at reducing vehicle and industrial emissions, increasing production of automobiles with advanced catalytic systems, and the growing adoption of diesel oxidation catalysts in heavy-duty and off-road vehicles.
Growth Factors of the Emission Control Catalyst Market
- Increasing implementation of Euro VI, BS-VI, and China 6 emission standards
- Technological innovations in catalyst formulations
- Surging automotive production, especially in hybrid and diesel segments
- Bourgeoning need for industrial pollution control in cement, oil & gas, and mining sectors
- Development of power generation and marine sectors using SCR and DPF systems
- Government mandates supporting retrofitting of emission reduction systems
Emission Control Catalyst Market Trends
Emission Control Catalyst Market is witnessing key trends such as increasing use of platinum group metals for superior catalytic performance, rapid penetration of selective catalytic reduction technology in diesel engines, and rising investments in low-emission industrial manufacturing. Moreover, the market is seeing a shift toward lightweight and durable washcoat materials to improve fuel efficiency and system longevity.
Emerging Developments in Emission Control Catalyst Market
Emerging developments in the Emission Control Catalyst Industry include the integration of catalyst systems in hydrogen and hybrid vehicle exhausts, growing recycling initiatives for precious metals used in catalysts, and development of low-temperature catalysts for cold-start emission control. Companies are also exploring nanostructured catalyst coatings and digital monitoring of emission systems in real-time.
Leading Companies in the Emission Control Catalyst Industry
- Johnson Matthey
- Umicore
- BASF SE
- Corning Incorporated
- Clariant AG
- Cataler Corporation
- Tenneco Inc.
How big is the Emission Control Catalyst Market: FAQs
The market is driven by stringent global emission standards and increasing automotive emissions that demand effective mitigation technologies.
Industries like power generation, oil & gas, and manufacturing are adopting catalyst systems to meet pollution control standards.
Emission control catalyst market is projected to exhibit a CAGR of 6.40% during 2025-2031.
The emission control catalyst market is estimated to exceed USD 13.6 billion by 2031.
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