Mobile Emission Catalysts Market Size

ID: MRFR/CnM/6062-CR

180 Pages

Chitranshi Jaiswal

June 2021

Mobile Emission Catalysts Market Research Report Information By Metal Type (Palladium, Platinum, Rhodium And Others), By Technology (Three-Way Conversion Catalyst, Four-Way Conversion Catalyst, Diesel Oxidation Catalyst, Catalyzed Soot Filter, Selective Catalytic Reduction, Lean GDI Catalyst, Electrically Heated Catalytic Converter), By Vehicle Type (Light-Duty Vehicles, Heavy-Duty Diesel, Natural Gas Vehicles, Motorcycles, Utility Engines) And By Region (North America, Europe, Asia-Pacific, Rest Of The World) –Market Forecast Till 2035

Mobile Emission Catalysts Market Infographic

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Mobile Emission Catalysts Size

Mobile Emission Catalysts Market Growth Projections and Opportunities

The Mobile Emission Catalysts Market is influenced by a range of factors that collectively shape its dynamics and growth trajectory. One of the primary driving forces behind this market is strict emissions regulations issued by governments worldwide aimed at limiting air pollution and reducing harmful pollutants coming from mobile sources like automobiles. The size of the Mobile Emission Catalysts Market was estimated at around USD 16.5 Billion in 2022. It is projected that, during the forecast period (2023 - 2032), the industry for the Mobile Emission Catalysts Market will grow from $17.6 billion in 2023 to $30.8 billion in 2032 at a CAGR (compound annual growth rate) of 7.20%. The Mobile Emission Catalysts Market is heavily influenced by shifting automotive technologies and fuel trends. Changing mobility patterns, such as increased adoption of electric vehicles (EVs) and hybrid cars, are shaping the design and composition of mobile emission catalysts. Market dynamics are largely shaped by technological advances in catalyst formulations and materials used in car parts manufacturing processes. Catalytic converter technology keeps evolving through continuous research, enhancing its performance, durability, and efficiency, among other factors. Global sustainability efforts also impact market drivers, hence fostering sustainable development initiatives across all sectors, including auto-making businesses focused on going green for environmental integrity purposes only, where eco-friendly solutions are being pursued as well as other green technologies to reduce its carbon footprints make it possible to have green transportation system being realized today thanks to vehicle emission control devices. The performance of the car industry affects both economic conditions and developments in the Mobile Emission Catalysts Market industry globally. By better understanding the competitive landscape and working more closely with other specialists within this broad field, we can better shape our approaches. These sorts of team-ups between automakers, OEMs (original equipment manufacturers) who make catalytic converters, and tech firms could allow them to maximize their emission control systems' efficiency while simultaneously improving catalysts or, more appropriately, meeting the ever-changing emission criteria. Alliances and partnerships include the development of new advanced catalytic devices and support progressive and future techniques on mobile catalyst production. Consumers' awareness of environment-friendly transportation, as well as strict regulations, determine market dynamics through customer changes. As we get closer to vehicle owners, fleet managers, and operators increasingly sensitive to the environmental impact of mobile emissions, for instance, automotive suppliers must develop better eco-friendly auto parts that can make their vehicles compliant with global standards of exhaust gases, which in turn contributes towards sustainable transport.

Mobile Emission Catalysts Market Size Graph

Market Highlights

Author

Chitranshi Jaiswal

Research Analyst Level I

In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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FAQs

What is the projected market valuation for the Mobile Emission Catalysts Market in 2035?

The projected market valuation for the Mobile Emission Catalysts Market in 2035 is 37.04 USD Billion.

What was the overall market valuation of the Mobile Emission Catalysts Market in 2024?

The overall market valuation of the Mobile Emission Catalysts Market in 2024 was 18.87 USD Billion.

What is the expected CAGR for the Mobile Emission Catalysts Market during the forecast period 2025 - 2035?

The expected CAGR for the Mobile Emission Catalysts Market during the forecast period 2025 - 2035 is 6.32%.

Which metal type segment is projected to have the highest valuation in the Mobile Emission Catalysts Market?

The Palladium segment is projected to have the highest valuation, ranging from 6.0 to 12.0 USD Billion.

What are the key technologies driving the Mobile Emission Catalysts Market?

Key technologies include the Three-Way Conversion Catalyst, projected to reach 5.67 to 11.0 USD Billion.

Which vehicle type segment is expected to dominate the Mobile Emission Catalysts Market?

The Light-Duty Vehicles segment is expected to dominate, with a valuation projected between 7.0 and 14.0 USD Billion.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the Mobile Emission Catalysts Market Size was estimated at 18.87 USD Billion in 2024. The Mobile Emission Catalysts industry is projected to grow from 20.06 USD Billion in 2025 to 37.04 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.32 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Mobile Emission Catalysts Market is poised for substantial growth driven by regulatory pressures and technological advancements.

North America remains the largest market for mobile emission catalysts, reflecting robust regulatory frameworks.
Asia-Pacific is emerging as the fastest-growing region, propelled by increasing automotive production and environmental regulations.
Palladium continues to dominate the market as the largest segment, while platinum is witnessing rapid growth due to its efficiency in emissions reduction.
Regulatory compliance pressure and rising environmental awareness are key drivers fueling the demand for advanced mobile emission catalysts.

Mobile Emission Catalysts Market

CAGR

6.32%

Market Size & Forecast

2024 Market Size	18.87 (USD Billion)
2035 Market Size	37.04 (USD Billion)
CAGR (2025 - 2035)	6.32%
Largest Regional Market Share in 2024	North America

Major Players

BASF (DE), Johnson Matthey (GB), Umicore (BE), Continental AG (DE), Tenneco Inc. (US), Eberspaecher (DE), Denso Corporation (JP), Magna International (CA), Faurecia (FR)

Market Trends

The Mobile Emission Catalysts Market is currently experiencing a transformative phase, driven by increasing regulatory pressures and a growing emphasis on environmental sustainability. As governments worldwide implement stricter emissions standards, manufacturers are compelled to innovate and enhance their catalytic technologies. This shift not only aims to reduce harmful pollutants but also aligns with the global movement towards cleaner energy solutions. Consequently, the market is witnessing a surge in demand for advanced catalysts that can efficiently convert harmful emissions into less harmful substances, thereby improving air quality and public health. Moreover, the integration of new materials and technologies is reshaping the landscape of the Mobile Emission Catalysts Market. Research and development efforts are focusing on optimizing catalyst formulations to enhance performance and durability. This evolution is further supported by the rise of electric and hybrid vehicles, which, while reducing reliance on traditional fuels, still require effective emission control systems. As the automotive industry adapts to these changes, the Mobile Emission Catalysts Market is poised for significant growth, reflecting a broader commitment to sustainable practices and innovation in emission reduction technologies.

Regulatory Influence

The Mobile Emission Catalysts Market is heavily influenced by stringent regulations aimed at reducing vehicular emissions. Governments are increasingly enforcing laws that mandate lower emission levels, compelling manufacturers to adopt advanced catalytic technologies. This trend indicates a shift towards compliance-driven innovation, where companies prioritize the development of catalysts that meet or exceed regulatory standards.

Technological Advancements

Ongoing advancements in catalyst technology are reshaping the Mobile Emission Catalysts Market. Innovations in materials and processes are enhancing the efficiency and effectiveness of emission control systems. This trend suggests that manufacturers are investing in research and development to create catalysts that not only perform better but also have a longer lifespan, thereby reducing overall costs.

Shift Towards Electrification

The rise of electric and hybrid vehicles is influencing the Mobile Emission Catalysts Market. As these vehicles become more prevalent, there is a growing need for effective emission control solutions, even in low-emission technologies. This trend indicates a potential diversification of catalyst applications, as manufacturers explore new markets and opportunities within the evolving automotive landscape.

Mobile Emission Catalysts Market Market Drivers

Technological Innovations

Technological advancements play a pivotal role in shaping the Mobile Emission Catalysts Market. Innovations in catalyst formulations, such as the development of more efficient precious metal catalysts and the introduction of novel substrate materials, enhance the performance and durability of emission control systems. Furthermore, the integration of artificial intelligence and machine learning in catalyst design and optimization processes is expected to revolutionize the industry. These advancements not only improve the efficiency of emission reduction but also lower production costs, making it feasible for manufacturers to adopt cutting-edge technologies. The market is likely to witness a surge in demand for these innovative solutions, as they align with the growing emphasis on sustainability and environmental responsibility.

Regulatory Compliance Pressure

The Mobile Emission Catalysts Market is experiencing heightened pressure from regulatory bodies worldwide. Governments are increasingly implementing stringent emission standards to combat air pollution and climate change. For instance, regulations such as the Euro 6 standards in Europe and the Tier 3 standards in the United States mandate lower nitrogen oxide and particulate matter emissions from vehicles. This regulatory landscape compels manufacturers to invest in advanced catalytic technologies, thereby driving the demand for mobile emission catalysts. As a result, the market is projected to grow at a compound annual growth rate of approximately 6% over the next few years, reflecting the urgency for compliance and innovation in emission control technologies.

Rising Environmental Awareness

Increasing environmental awareness among consumers and industries is significantly influencing the Mobile Emission Catalysts Market. As public concern regarding air quality and climate change intensifies, there is a growing demand for cleaner transportation solutions. This shift in consumer behavior is prompting automotive manufacturers to prioritize the integration of advanced emission control technologies in their vehicles. Consequently, the market for mobile emission catalysts is expected to expand, driven by the need for effective solutions that meet both regulatory requirements and consumer expectations. Market analysts project that the demand for mobile emission catalysts could increase by over 20% in the next five years, reflecting the urgency to address environmental challenges.

Growth of the Automotive Sector

The expansion of the automotive sector is a crucial driver for the Mobile Emission Catalysts Market. As vehicle production continues to rise, particularly in emerging economies, the demand for effective emission control technologies is also increasing. The automotive industry is projected to grow at a rate of approximately 4% annually, leading to a corresponding rise in the need for mobile emission catalysts. This growth is further fueled by the increasing adoption of stringent emission regulations, which necessitate the incorporation of advanced catalytic systems in new vehicles. Consequently, manufacturers are likely to invest heavily in research and development to enhance catalyst performance, thereby propelling the market forward.

Shift Towards Sustainable Mobility

The transition towards sustainable mobility solutions is reshaping the Mobile Emission Catalysts Market. With the rise of electric vehicles and hybrid technologies, there is a growing emphasis on reducing emissions from traditional internal combustion engines. This shift is prompting manufacturers to innovate and develop catalysts that can effectively reduce harmful emissions from these vehicles. The market is witnessing a notable increase in demand for mobile emission catalysts that can cater to both conventional and alternative fuel vehicles. Analysts suggest that this trend could lead to a market growth rate of around 5% annually, as the automotive industry adapts to the evolving landscape of sustainable transportation.

Market Segment Insights

Mobile Emission Catalysts Market Metal Type Insights

The Mobile Emission Catalysts Market segmentation, based on metal type includes palladium, platinum, rhodium and others. The palladium segment dominates the mobile emission catalysts market, because of its strong catalytic characteristics and great effectiveness in decreasing hazardous gas emissions from cars. Palladium-based catalysts are widely employed in the automotive sector because they effectively minimize the emission of hazardous gases such as carbon monoxide, hydrocarbons, and nitrogen oxides. The rising demand for palladium-based catalysts in the automobile industry is propelling the palladium segment of the mobile emission catalysts market forward.

Furthermore, the increasing use of electric and hybrid vehicles in many nations is boosting demand for palladium-based catalysts, which are used in the production of fuel cells, which are used in electric and hybrid vehicles.

Figure1: Mobile Emission Catalysts Market, by Metal Type, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Mobile Emission Catalysts Market Technology Insights

The Mobile Emission Catalysts Market segmentation, based on technology, includes three-way conversion catalyst, four-way conversion catalyst, diesel oxidation catalyst, catalyzed soot filter, selective catalytic reduction, lean GDI catalyst, electrically heated catalytic converter and others. During the predicted time, selective catalytic reduction is expected to expand the fastest and have the largest demand. Industry has a high level of acceptance for mobile emission catalysts. SCR technology is far less expensive than other product types, and this, combined with new technologies, is enticing manufacturers to engage in the sector. When compared to other segments, the SCR system is more cost effective.

Furthermore, with the increased use in multiple industries and the cost-effective nature of SCR, the market for mobile emission catalysts around the world is predicted to expand steadily.

Mobile Emission Catalysts Market Vehicle Type Insights

The Mobile Emission Catalysts Market segmentation, based on vehicle type includes light-duty vehicles, heavy-duty diesel, natural gas vehicles, motorcycles, utility engines, and others. The light-duty vehicles category is the fastest growing segment in the mobile emission catalysts industry, due to the increasing demand for light-duty automobiles in many regions. Increased population, urbanization, and economic expansion in various nations are driving demand for light-duty cars, which in turn is boosting need for mobile emission catalysts. Furthermore, governments in several countries are imposing tight emission restrictions for light-duty vehicles in order to limit hazardous emissions from vehicles.

The growing awareness of the adverse impacts of air pollution on human health is also boosting demand for mobile emission catalysts in the Light-Duty Vehicles market.

Get more detailed insights about Mobile Emission Catalysts Market Research Report—Global Forecast till 2035

Regional Insights

North America : Regulatory Leader in Emissions

North America is the largest market for mobile emission catalysts, holding approximately 40% of the global market share. The region's growth is driven by stringent environmental regulations and a shift towards cleaner technologies. The demand for advanced emission control systems is further fueled by the increasing production of electric and hybrid vehicles, which require efficient catalytic converters to meet regulatory standards. The United States and Canada are the leading countries in this market, with major players like Tenneco Inc. and Denso Corporation establishing a strong presence. The competitive landscape is characterized by innovation and collaboration among key manufacturers, including BASF and Johnson Matthey, who are investing in R&D to enhance catalyst performance and reduce emissions.

Europe : Innovation and Sustainability Focus

Europe is the second-largest market for mobile emission catalysts, accounting for around 30% of the global share. The region's growth is propelled by the European Union's stringent emissions regulations and a strong commitment to sustainability. The increasing adoption of electric vehicles and advancements in catalyst technology are key drivers of demand, as manufacturers strive to meet the EU's ambitious climate goals. Leading countries in this market include Germany, France, and the UK, where companies like Umicore and Faurecia are at the forefront of innovation. The competitive landscape is marked by a focus on sustainable practices and the development of next-generation catalysts. The presence of major automotive manufacturers further enhances the market dynamics, fostering collaboration with catalyst producers to achieve emission reduction targets.

Asia-Pacific : Emerging Market Potential

Asia-Pacific is witnessing rapid growth in the mobile emission catalysts market, holding approximately 25% of the global share. The region's expansion is driven by increasing vehicle production, urbanization, and rising environmental awareness. Countries like China and India are implementing stricter emissions regulations, which are propelling the demand for advanced catalytic solutions. The shift towards cleaner fuels and technologies is also a significant factor in this growth. China is the largest market in the region, with a strong presence of key players such as Denso Corporation and Continental AG. The competitive landscape is evolving, with local manufacturers emerging alongside established global companies. The focus on innovation and compliance with international standards is shaping the market, as stakeholders aim to enhance catalyst efficiency and reduce harmful emissions.

Middle East and Africa : Resource-Rich Market Dynamics

The Middle East and Africa region is gradually emerging in the mobile emission catalysts market, accounting for about 5% of the global share. The growth is primarily driven by increasing vehicle ownership and the need for compliance with international emissions standards. Governments in the region are beginning to implement stricter regulations, which is expected to boost demand for emission control technologies in the coming years. Leading countries include South Africa and the UAE, where local and international players are collaborating to enhance market presence. The competitive landscape is characterized by a mix of established companies and new entrants, focusing on adapting technologies to meet regional needs. As the automotive sector grows, the demand for efficient catalysts is anticipated to rise, fostering innovation and investment in the market.

Key Players and Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Mobile Emission Catalysts Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Mobile Emission Catalysts industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Mobile Emission Catalysts industry to benefit clients and increase the market sector. In recent years, the Mobile Emission Catalysts industry has offered some of the most significant advantages to medicine. Major players in the Mobile Emission Catalysts Market, including Cataler Corporation (Japan), Corning Incorporated (US), Heraeus Holding (Germany), N.E. CHEMCAT (Japan), Zeolyst International, Inc (US) and others, are attempting to increase market demand by investing in research and development operations.

Corning Incorporated is a multinational technology corporation based in the United States that specializes in specialized glass, ceramics, and related materials and technologies, including advanced optics, principally for industrial and scientific purposes. Corning Glass Works was the company's name until 1989. Corning sold the Corning Consumer Products Company division (now known as Corelle Brands) to Borden in 1998, divesting its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware). In 2019, Corning Incorporated has introduced a novel mobile emissions catalyst system for gasoline engines.

The new method is intended to lower nitrogen oxide and hydrocarbon emissions from gasoline engines.

Tenneco (previously Tenneco Automotive and initially Tennessee Gas Transmission Company) is a maker of automotive components as well as aftermarket ride control and emissions solutions. It is a Fortune 500 corporation that was publicly traded on the New York Stock Exchange from November 1999 until it was taken private by Apollo Management in November 2022. Tenneco is based in Northville, Michigan. In 2019, Tenneco Inc. has announced the purchase of Federal-Mogul LLC, a prominent supplier of mobile emissions control technologies. Tenneco's position in the mobile emissions control industry is projected to improve as a result of the acquisition.

Key Companies in the Mobile Emission Catalysts Market market include

Industry Developments

In August 2021, BASF SE has introduced a new mobile emissions catalytic system for gasoline engines. The new method is intended to lower nitrogen oxide and hydrocarbon emissions from gasoline engines.

In July 2020, Johnson Matthey Plc has introduced a new mobile emissions catalyst system for diesel engines. The new technology is intended to lower nitrogen oxide and particulate matter emissions from diesel engines.

In November 2019, Umicore SA has introduced a novel mobile emissions catalyst system for gasoline engines. The new method is intended to lower nitrogen oxide and hydrocarbon emissions from gasoline engines.

Future Outlook

Mobile Emission Catalysts Market Future Outlook

The Mobile Emission Catalysts Market is projected to grow at a 6.32% CAGR from 2024 to 2035, driven by stringent emission regulations and technological advancements.

New opportunities lie in:

Development of advanced catalyst formulations for electric vehicles
Expansion into emerging markets with tailored emission solutions
Integration of IoT for real-time emissions monitoring and management

By 2035, the market is expected to be robust, driven by innovation and regulatory compliance.

Market Segmentation

Mobile Emission Catalysts Market Metal Type Outlook

Palladium
Platinum
Rhodium
Others

Mobile Emission Catalysts Market Technology Outlook

Three-Way Conversion Catalyst
Four-Way Conversion Catalyst
Diesel Oxidation Catalyst
Catalyzed Soot Filter
Selective Catalytic Reduction
Lean GDI Catalyst
Electrically Heated Catalytic Converter
Others

Mobile Emission Catalysts Market Vehicle Type Outlook

Light-Duty Vehicles
Heavy-Duty Diesel
Natural Gas Vehicles
Motorcycles
Utility Engines
Others

Report Scope

MARKET SIZE 2024	18.87(USD Billion)
MARKET SIZE 2025	20.06(USD Billion)
MARKET SIZE 2035	37.04(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	6.32% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Market analysis in progress
Segments Covered	Market segmentation analysis in progress
Key Market Opportunities	Advancements in catalyst formulations enhance efficiency amid tightening emissions regulations in the Mobile Emission Catalysts Market.
Key Market Dynamics	Rising regulatory pressures drive innovation in mobile emission catalysts, enhancing vehicle efficiency and reducing environmental impact.
Countries Covered	North America, Europe, APAC, South America, MEA